For the last couple of weeks I’ve had side-hustles on my mind. There are lots of people out there who have another job (or two) in addition to their full time work. It’s a great way to get some extra income, which I would love to have. Every once and a while I’ve thrown around the idea of getting a side hustle, but I can’t seem to bring myself around to actually making any sort of plan or commitment.
I could certainly use some extra cash. I’m not in dire need by any means, but it would be nice to maximize my earning potential. Extra cash would help me pay down my mortgage, save up for my retirement, do more renos around the house and just give me some extra leeway in my budget. Unfortunately, the siren call of more moolah isn’t loud enough to drown out my brain conspiring against me. Here are my reasons (excuses?) for not having a side-hustle.
1. I have no idea what I would do. I’m a geographer by training and my geographic skills don’t seem to translate really well to a side-hustle, unless there is a demand for soil moisture modelling/analyzing that I don’t know about. I’m handy with computers, but not handy or creative enough that I could design wedding invitations or anything like that. I suppose the most logical idea for a side-hustle would be trying to make money off this here blog, but at the moment, I don’t feel like I’d be a very successful money-making blogger because…
2. I’m kind of busy. I work full time. I have two significant volunteer commitments – one a local history book project and the second working on exhibits for a local museum. This is in addition to weekly yoga and curling, a house to maintain, and oh yeah, blogging. I really enjoy my volunteer work, my sports and blogging. I already feel like I don’t give enough time to my blog, so it’s hard to imagine having something else on my plate to take up more of my precious time. I suppose I could always be better at time management, but when I’m out of the house for work for 10 hours a day, five days a week, it seems to leave me a bit short of time already.
3. I’m kind of lazy. There I’ve admitted it. I could be more efficient with my time, but I’m just not and right now, I’m not willing to put the effort into squeezing everything else so I can have more work to do. I like being able to sit and visit with people who stop in for a visit and not have to shoo them away because between 7 and 8:30 I’m supposed to be working on this, that or another thing. I can’t help but feel like I would burn out before too long.
4. Part-time jobs out here are few and far between. Working at a local shop is pretty much out of the question as everything but Tim Horton’s shuts down at 5 PM. Even the hours of a hired-hand on a farm wouldn’t fit into my schedule, unless I did an evening shift in a dairy barn – but that conflicts with my volunteer and sport stuff.
There you have it, my excuses for not having a side-hustle (I hope this doesn’t make me a bad personal finance blogger). Right now, a side-hustle just isn’t in the cards for me. I can’t motivate myself to change into a super efficient money making machine, so I’ll just have to accept that I have to make do with what I currently earn (that, or win the lottery or become a super-duper savvy investor). I feel a little guilty for not wanting/being able to convince myself to get a side-hustle, and as great as extra cash would be, I can’t seem to justify the time and effort it would require.
Do you have a side-hustle? Why/why not? What motivated you to get one or conversely, what are your reasons for not having one?