When it comes to paying down your student loans or credit card debt, there’s only so much you can do to cut back on your expenses. That’s why finding ways to increase your income is so important; it gives you more money to put towards your debt or savings each month.
Side gigs or side hustles are great ways to increase your income on your own schedule. Most are scalable, so you increase or decrease your hours as your needs change. Working a side hustle can help you earn more money and accelerate your debt repayments, without committing to the schedule demands of a regular second job.