From glitzy influencers, to armchair authors, side hustles offer a side stream of income and the option to cultivate a passion into a profit-making venture without waving bye to the stability of a full-time job. With mounting (student) debt, increasing housing costs, fewer full-time permanent positions, and lagging wage growth, people are turning to other revenue-generating streams in big numbers to even the playing field (or simply, to get themselves onto it). But is saying you have more than one job really worth it though? Rarely, it turns out.
This said, we do acknowledge that not everyone has the choice to avoid participating in the side hustle economy, whether it be due to job precarity or the need for additional income. Here are the side hustle’s side-effects.
The pressure is real
Reality isn’t living up to the dream
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The financial benefits aren’t adding up either
Making profit from your passion is killing it
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The hours are long and monopolize other areas
The side hustle may be against company policy
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The alternative might mean you’re also not invested in your hustle
Prep for an emotional roller coaster
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The underlying hustle mentality is problematic
There are wider implications
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