In today’s economy, holding down a full-time job doesn’t necessarily mean giving up on the idea of earning extra income. Many workers are finding creative ways to supplement their salaries by leveraging their existing skills, resources, or interests through side hustles. These side gigs not only provide financial benefits but also offer a sense of fulfillment and flexibility that may be lacking in traditional employment.
One such example is Karin Capellan, a full-time flight attendant who also runs a successful party rental and balloon decor business called K & J Party Rentals. Capellan started her side hustle during the uncertainty of the Covid-19 pandemic when travel restrictions were high, and she feared losing her job. Despite being a flight attendant, Capellan’s side hustle proved to be so lucrative that she was able to reduce her flying hours. In the past year, her side hustle grossed $128,000, almost double what she earned from her full-time job.
Capellan’s story highlights the potential of side hustles to not only generate extra income but also provide a safety net in times of economic uncertainty. She emphasizes the importance of pursuing a side hustle that brings joy and happiness, as it can prevent burnout and dissatisfaction in one’s primary job. Additionally, Capellan advises aspiring side hustlers to conduct thorough research and consider the initial costs involved in starting up a side business.
Another example is Inbar Gazit, a senior engineering manager who transformed his backyard into a private dog park using the Sniffspot app. By renting out his fenced property to local pet owners, Gazit earns an additional $1,500 to $2,000 per month. This side hustle not only supplements his income but also requires minimal effort and provides a steady source of revenue. Gazit recommends leveraging existing assets, such as land or skills, to kickstart a side hustle and suggests dedicating a few hours each week to manage it effectively.
Kayla Lussier, a nurse practitioner, takes a different approach to side hustling by investing in real estate fix-and-flip projects. With a monthly income of around $9,200 from her side hustle, Lussier is working towards financial independence and growing her investment savings. She also co-founded an app called Money Match to simplify lending processes for real estate and business acquisitions. Lussier emphasizes the importance of continuous learning, connecting with mentors, and maintaining an abundance mindset when pursuing a side hustle.
Overall, these stories illustrate the diverse opportunities for full-time professionals to earn extra income through side hustles. Whether it’s starting a small business, renting out property, or investing in real estate, side hustles can provide financial stability, personal fulfillment, and growth opportunities. By leveraging their skills, resources, and interests, individuals can create additional streams of income that complement their primary job and contribute to their long-term financial goals.