Mistakes Made By Side Hustling Too Hard

380257543_1589b5caef_zAt one point, I was side hustling a little too hard.

I was attempting to do everything myself, sacrificing my work and personal life, all while working a 50 hour a week day job and managing my hustles on the side.

It was hard, and it led to quite a few mistakes. I have seen others side hustle too hard as well and that then led to their own mistakes as well.

Below I have listed different mistakes which may happen from side hustling too hard.

Taking on too much work.

The first mistake, of course, is taking on too much work. This may be where you are saying “yes” to every single client and offer that comes your way. This is a common mistake that many new freelancers make. You want to say yes and get all the experience you can get. However, this can lead to many other mistakes if you take on too much work.

Sacrificing quality.

There was a clear point in my life where I knew I had to quit my day job. I knew that if I side hustled any more, that something was not going to work out. Since I knew I enjoyed my side hustles so much, I knew that meant that my day job was going to suffer.

So, to be responsible, I knew I had to quit my day job. It was hard, but looking back, I know I made the right decision for me.

If you take on too much work, then your quality of work may decrease. This is a very realistic consequence of taking on too much in your life. There is only so much time in a day, so if you continue to take on a lot of work then your quality will eventually decrease in one area or another.

Costing yourself money because you think you can do it all.

In the beginning, it may be easy to do everything related to your side hustles all by yourself. However, eventually, you may need to hire things out. If you’re side hustling too hard, you may have completely forgot about this.

It is not realistic to think you can do everything yourself. You might think you are saving yourself money, but you may actually be costing yourself money. You may be costing yourself money by sucking at customer service (and customers leaving because of that), doing taxes yourself even though you are not a professional, trying to sell your product even though you do not have the correct sales skills, and more.

Hiring out can be very helpful because you can then concentrate on the areas in which you do best.

Feeling burnt out.

One big negative of side hustling too hard is feeling burnt out. You might start to hate your side jobs because you are doing too much of them.

This means that something that used to be a dream of yours may actually become something you despise.

Forgetting about your life outside of making money.

Side hustles can easily take over your life. If you have a lot going on, then you may forget to enjoy life. Life will start slipping through your fingers and you might forget about life’s important moments.

You need to take time and remember that life is not all about work. Schedule in down time if you have to. Whatever you do, don’t forget to have some fun!

Do you side hustle too hard? What do you think are the negatives of this?


Image via Flickr by IsaacMao

My FinCon14 New Orleans Recap – Networking At Its Finest

FinCon14I just got back from #FinCon14, and it was a BLAST. I met a ton of bloggers I haven’t met yet, and I reconnected with bloggers I met at FinCon13.

The sessions are always great at FinCon, but I have to say that the networking and relationships you can create can’t be beat.

FinCon is nothing like your average conference. I used to attend conferences all the time when I had my day job, and they were the worst “events” ever. Which is kind of funny because those were financial-related conferences as well. They were horrible though and I cannot even describe how miserable they were. Most of them would even keep attendance because they know no one wants to be there (but you have to go anyways because your employer paid for it…).

FinCon is completely different though.

You WANT to be there.

You don’t want to sleep because you are afraid of missing out. FOMO at its best.

In fact, I already bought my ticket for next year.

Thursday at FinCon14.

On Thursday, there wasn’t much going on for FinCon14 if you just had the base ticket, but there was the welcome reception which you never want to miss. It’s a great spot for networking and meeting everyone. There are usually free drinks and snack foods, and it’s a lot of fun too!

After the welcome reception was over, I went down to the hotel bar with a bunch of other bloggers. After that, I went out to Frenchman’s Street with a bunch of different bloggers and we danced and talked the night away.

Friday at FinCon14.

I went to a few sessions on Friday, and I went to the Expo Hall to see what companies were at the conference.

After that, I went to a dinner with a bunch of awesome bloggers, such as J.D. Roth and Farnoosh (I love them both!), that was set up by Melanie from DearDebt and Tonya from MyFabFinance. There was a fun trolley ride and a dinner thanks to A Perfect Circle Jewelry Insurance at NOLA Restaurant, which was delicious (and free!).

Saturday at FinCon14.

On Saturday, I went to a few sessions but my main focus during the day was my mentoring session and listening to the keynote by Farnoosh.

I was a mentor to Leah and I won’t lie, I was extremely nervous. Mentoring someone in person for some reason always scares me! Luckily, she was great and the mentoring session was great. We talked for the whole session and I was able to help her out in a few areas. She has an awesome blog and she writes for some big name websites, so I would definitely check her out if you haven’t yet!

After the keynote from Farnoosh, the Plutus Awards started. I didn’t win anything, but other awesome blogs did! It was fun, and I was the drink ticket girl for the Plutus Awards after party. This was a fun event, and it was nice talking to a bunch of bloggers on the last night.

The last event for FinCon14 was the after party/closing party at the Beach on Bourbon Street. It was a lot of fun and there was a lot of dancing.

Sorry to anyone who saw my sad dancing skills because I was dancing for a good four hours!


I met so many amazing bloggers, and it would probably take days for me to list out all of their names (around 600 people attended FinCon14!).

I will say I loved everyone I met. There wasn’t a single person I didn’t like, and everyone is extremely approachable and fun.

How much did FinCon14 cost me?

FinCon14 wasn’t too bad for me. I spent around $630 on it. We stayed in a rental house about 1.5 miles away from the French Quarter so that we could bring our dogs (yup, I’m a crazy dog lady).

  • FinCon14 ticket – $150. I bought the Super Early Bird ticket.
  • VRBO home rental – $275 for three nights. We brought our dogs with us 🙂
  • Gas – $100. Gas is cheap in our new car!
  • Taxis – $30. I ended up taking a taxi to the conference on Friday and Saturday (and back from the bars) so that I didn’t have to pay the ridiculous $40 parking fee that the conference hotel charges PER DAY. I split a cab a few times with Stephanie at TheBrokeandBeautifulLife which also saved me some money because her rental was next to mine).
  • Food and drinks – $75. This is probably higher than what I actually spent. Breakfast and lunch is provided by FinCon on some of the days (for my ticket it was provided on Friday and Saturday), so that helps bring the cost of food down.


Did you attend FinCon? Would you attend in the future?


P.S. For some of you who do not know, this is Michelle from MakingSenseofCents.com, in case any of you are wondering who the heck DiversifiedFinances.com was at the conference 🙂


Making Money With A Guest Home or an Attached Apartment

8335300100_cd967bd9e1_zWe’ve been shopping online for homes a lot lately to get an idea of what we can afford with our home budget. We have fallen in love with a few homes, and some of the homes even have guest homes on the property.

One topic that has been crossing our mind a lot lately is possibly using a guest home (or a guest suite) as a way to make extra money.

It seems like many people are doing this lately. I even came across a blogger the other day who is adding an “apartment” addition to the back of their home so they can make some extra money by renting it out.

However, how do you know if it’s for you? I’m always going back and forth about real estate and being a landlord, but I’ve always heard that duplexes and suites on the same property as where the landlord live seem to do particularly well.

Below are some different areas to think about if you are wanting to have an apartment, suite, or a guest home on your property to rent out:

Will you rent the property to short-term renters or long-term?

Renting short-term or long-term can be a very different experience, so this is an area you should think hard about.

A short-term rental usually has the potential to make more money, but there is also more work to be done since you will usually have to provide all the furniture, clean the property, give the keys to each renter multiple times a month, and more.

With a long-term rental, the opposite can be said for much of the above. The renter will usually furnish the property themselves, they will do all the cleaning, you really only need to bother them once (signing papers and giving them the keys), then hopefully the rent checks just roll in each and every month. However, you may earn less money by having a long-term renter living in your property instead of a short-term renter.

Do you like your privacy?

Since your renter or renters will be so close to you, you really need to think about how much you like your privacy.

If the person is in a guest house, then privacy might not be as big of a deal since they will be in an entirely different building from you. However, if they are in the same home as you are, then privacy can be a much bigger deal.

Sometimes you can solve this by having a whole separate apartment (such as a basement apartment or an above-garage apartment) with a separate door from yours.

For us, we wouldn’t be interested in a connected suite if we had children. However, a guest home on a different side of the property would probably be different. For example, we found one home on 15 acres that had a guest home around an acre away from the main home. This home is what spiked this whole idea to us.

What rules will there be?

If someone is practically going to be your roommate, then you will probably want to set rules. We have rented out rooms in our house in the past and have always set rules.

Sometimes the rules are completely forgotten about by the renter, while other times the rental situation has worked out well.

Different rules may include:

  • Can they have parties?
  • Can they have friends or family members over?
  • What about sleepovers?
  • Are pets allowed?
  • Who cleans?
  • Who is responsible for what?
  • What about noise volumes?
  • Where can they park?

What do you think? Would you ever buy a home and rent out a section of it?


Image via Flickr by rowdykittens