Why I’d Rather Have A Side Hustle Than A Part-Time Job

Why I'd Rather Have A Side Hustle Than A Part-Time JobA few years ago, I decided I wanted/needed a way to make extra money.

I was working full-time as a financial analyst after I graduated from college, but I wasn’t making as much money as I hoped for.

I had a large pile of student loans and the small payments that I was able to make each month just didn’t seem like they were bringing my overall student loan payment down at all.

I believe my student loan minimum payments were around $500 each month, which was a good deal of money when you also added in the fact that I had a mortgage to pay for, food, pets, utilities and more.

It didn’t seem like there was much leftover, and we were hardly saving any money.

One thing I knew that I had though was time. Even though I was working full-time and I was going to classes full-time for my Finance MBA, I knew I still had some extra time where I could work towards making extra money.

The next thing I had to think about was whether or not I wanted a part-time job. I didn’t really know much about side hustling at this time, as it was still a whole new world to me. I had my blog, but I didn’t start it to make money so I was still stuck in the “get a part-time job” mindset.

Below are the reasons for why I knew I needed a side hustle instead of a part-time job:

I needed something with a flexible schedule.

Since I was working around 50 hours at my day job and attending MBA classes around 14 hours each week, I knew I didn’t have much time to fit in a realistic part-time job.

Between commuting, my day job and my classes, I was busy around 75 hours each week. I would leave for work at 7 a.m., get off around 5:30 p.m., then drive straight to my night classes until 10 p.m. each day.

Finding a part-time job that would have been very difficult. I would have only been able to work on the weekends, and I knew that I didn’t want to work 7 days a week for months or years into the future. I still wanted to keep at least somewhat of a normal life.

This meant that I needed to find something with a flexible schedule.

I decided that online side hustling was something that I wanted to try. Working online was a big positive for me because I would be able to work from home, and I would also be able to create my own schedule.

I could work in the mornings before work, on my lunch break, after I got home from my night classes, and on the weekends.

Having a flexible side job was the best solution for me.

I didn’t want to work for someone else.

Since I was already working for someone else during the day, I knew I didn’t want to continue that with my side hustle. I wanted something that I could have to myself.

I wanted to be my own boss. Also, I wanted something that I could maybe one day grow into a larger business and have it become my career. I didn’t have a game plan in the beginning, but luckily everything turned out exactly how I would have wanted it to.

I didn’t want my income to be limited.

With a part-time job, there is really only so much money you can make. You are usually limited to an hourly rate, and there are only so many hours that you can realistically work.

I knew that if I had a part-time job, there was realistically only two days where I could work – Saturday and Sunday – since I had my day job and my MBA classes usually Monday through Friday. So that would mean that even with the best part-time schedule, I could probably only work 16 hours a week at a part-time job, and it probably would have been at or close to minimum wage

However, with a side hustle, your income isn’t as limited. You can create a product or a service that is valuable to potential customers. You may even be able to create something that is passive that continually earns you money.

The options are endless with a side hustle. There are just so many different ways to make money!

Would you rather have a side hustle or a part-time job? Why?


Common Excuses For Not Starting A Side Hustle

Common Excuses For Not Starting A Side HustleI started blogging in August of 2011. Soon after I started blogging, I started to side hustle by providing online services to other website owners.

I was working an average of 90 to 100 hours each week, and this went on for a few years.

I would wake up early in the morning before work, side hustle for around an hour or two, then I would go to my day job as a financial analyst. I would use my hour-long lunch break for my side hustle. I would then get home at around 6 p.m. and side hustle some more. I would side hustle on the weekends as well.

I’m not going to lie, I was probably a little on the excessive side. However, I had many goals on my mind when I was doing all of this.

  • I wanted to pay off my student loans. I had around $40,000 in student loans and I didn’t want them hanging over my head forever. I made a goal to use my side hustle income for my student loan payments. I ended up paying them off in July of 2013, at the age of 24.
  • I wanted to leave my day job. I found that I really loved my side hustles. I loved them so much that I created a plan to leave my day job and focus on full-time freelancing. My last day at my day job was in October of 2013.

So, even if you don’t want to dedicate a full 40 hours a week to a “side hustle,” you can still spend just a few hours a week and possibly earn enough to reach a goal of yours.

Maybe you want to go on a vacation, pay off your student loans, pay off some credit card debt, or just have more spending money in general. A side hustle can allow you to do this.


Below are common excuses I have heard for why a person does not start a side hustle:

I’m already too busy.

Many people tell me that they are too busy to start a side hustle or a side job. Yes, some people are honestly busy. I don’t know how some people do it.

However, there are many others out there who say they are too busy when in reality they are not. There are probably time wasters out there that you can cut out of your life so that you can make time for a side hustle.

If you really wanted to have a side hustle, you would find time for it!

It’s really that simple.

There’s nothing out there for me.

So many people give up because they don’t think they will find anything. Yes, in some areas the economy might not be the greatest yet, but I’m sure if you set your heart on it that you could find something.

And, if you can’t find something, maybe you should get out there and MAKE something for yourself. I’m sure there is something out there that you could do where you are providing a service to a family or small business owner (such as babysitting, house sitting, dog walking, freelancing, etc.).

It’s not worth it for me to work for so little.

Sometimes a side hustle won’t make you a ton of money. That is common since you won’t be dedicating your full-time life to it.

Some think that making just a few extra hundred dollars wouldn’t be worth it, so they just skip the whole idea altogether.

If you really need the money though and you want to reach financial goals a little more quickly, then a side hustle may be exactly what you need.

Just spending a few extra hours each week on a side job can add up month by month.

Do you have a side hustle? Why or why not?


My Business Plans For The Future As An Online Freelancer

My Business Plans For The Future As An Online FreelancerAs an online freelancer, I am often asked many questions by those around me. That’s how I get ideas for most of my blog posts.

A question that I am asked often is what my business plan for the future is. As a business owner, I am always looking to grow the services that I offer and increase my income.

When I recently went on my long road trip earlier this month, I had a lot of time to think about business goals that I would like to one day achieve. Some of these are more long-term, whereas other goals are things that I would like to reach before 2014 is over.

Become a staff writer for a popular website.

I have written for big websites like Yahoo Finance, Get Rich Slowly, Mint, and others before, but I would really like to search for a more permanent staff writing position on a popular website.

I haven’t even actively tried doing this yet, but I would like to put myself out there and start applying for positions on larger websites within the next few months. This will include searching for open positions on these websites and possibly cold-emailing them as well.

Write an e-book.

Something that I have been talking about for a long time is the possibility of writing an e-book. On our road trip though, I actually put a lot more thought into this and I have begun outlining the e-book that I plan on writing.

It will be related to blogging, but that’s all I want to say right now. Is there anything that you would like to see covered in a blogging e-book?

I wish I could give you more information on the exact topic of it, but for right that will have to wait!

Speak, host a session, teach a class, etc.

One goal that I know I’m not ready for is public speaking. Yes, I teach social media on a one-on-one basis to business owners, but I’ve never done much public speaking related to my current business or anything more than a one-on-one basis.

This is something that I would like to do one day. I know it would be super nerve-wrecking the first few times, but I just need to throw myself out there one day and do it.

Grow my affiliate income.

I am very slowly growing my affiliate income right now. Over the next few months, I plan on really working on this so that it consists of a more substantial part of my monthly income.

I’m looking to have more affiliate income because after the initial leg work, affiliate income can be really passive. This would be great because who doesn’t want low maintenance passive income?

Grow my social media and blog management services.

My main service that I offer right now include my social media and blog management services. I would like to grow this even more, and possibly one day even manage the social media or blog for a nationwide or international company.

Do you hope to be a business owner one day? What are your future business plans?

If you don’t want to be a business owner, what’s your career plan? I’d love to hear!


Image via Flickr by dafnecholet