13 Reasons You Should Start a Side Hustle (Especially if You're in Debt)

So I’m willing to bet that if you’re reading this you carry some form of debt.

Whether that be credit cards, a car note, or immense student debt like myself - some form of debt is hanging over your head and you want a way to to take hold of it and put it in it’s place (i.e. a place that is no longer funded by your bank account).

But debt isn’t something that goes away over night. Instead it is something that we have to make a conscious effort to master and get rid of. And that usually requires time. Lot’s and lot's of time. Years. Decades. Or even half a century (like it can seem or even truly be sometimes).

But what if you could maximize on the time that you already have...

How to Actually Use a Side Hustle to Pay Off Debt

Let’s just state the obvious. A side hustle can help you pay down your debt. The extra money that you earn from it can go towards interest or the principal balance of any loan or credit card bill that you may have.

Boring and obvious stuff out of the way, let’s move on to what’s really important. The plan and the method. You need a plan and a method for paying down your debt. The plan revolves around the restrictions that you face + the amount of monthly money that you can put towards your debt - aka the money that actually belongs to you (you’ll see what I mean by this a little later).

And you need to be aware of any restrictions (like taxes and business expenses) in order to formulate a proper plan. The method is about the technique used to pay down debt as well as how you keep you on track and motivated. So as implied from the title of this post I’m going to discuss the actual “how to”.

Not fluff, but actionable steps and figures that can help you have hope about overcoming your debt.

But first a story...

Inside My Hustle, Business EssentialsYuri GibsonMay 22, 2016how to, planning + organizing, finance, podcast, side hustlesComment

How My Shameful Debt Story Inspired Me to Start a Business

*Inhales breath* I have a bit of a personal post to share and I think the best way for you to hear it is in my own voice...

So click the image to check out this podcast and learn my (huge) secret shame...

Inside My HustleYuri GibsonMay 16, 2016finance, personal, podcast, side hustlesComment

My Top 4 Favorite Travel Brands

I don’t know what it is, but I’m often curious about the products people really use. I mean, not what they say they use to keep up appearances but what they honestly tend to reach for on an everyday I’m in a hurry and don’t have time to think basis.

From travel accessories to gadgets to beauty and skincare, and even home and cleaning products, I can’t get enough of these types of videos, blog posts, and “behind the scenes” glimpses. Am I alone in this? I'm going to go out on a limb and say no.

So what is it about knowing these seemingly trivial details about others? I guess it’s because it makes us feel human, or maybe it makes them - the people we watch & read & learn from online - feel more human to us.

Or maybe we’ve just all grown accustomed to social media telling us everything about everyone just about every second of the day. Yeah, that could be it too.

Well in case you are curious, I have a few posts and videos coming up about the travel products and essential items that I really use - starting with the video I have for you today that talks all about my favorite travel brands...

Inside My Hustle, Digital NomadYuri GibsonMay 11, 2016travel, personal, simplify, videos, packingComment