There may come a time in your life where you want to or need to create a side hustle to earn extra income. It can be many things depending on your skills and the depth of your need. Regardless of what you choose, it will be something you do on the side (apart from your day job) to bring in additional money to the family budget.
Side hustles can be a financial blessing. They can help you build up your savings account or pay off debt or meet any a number of financial goals you might have.
However, while the additional income of a side hustle is welcome, there is a dark side that many are unprepared for. Side hustles, done improperly, can be a curse on family life.
It’s one thing to have a side hustle if you are single. I remember talking with a blogging friend who told me how he’d work his 9 to 5, take a 30-minute dinner (maybe) and then work till past midnight writing and networking. I’m not saying that’s necessarily an easy schedule but it’s not like you have anyone else to account for. It’s just you.
When a spouse and/or kids are in the picture side hustles take on a whole different dimension.
There is a tension that immediately surfaces the minute one member of the family begins a side hustle. What was a normal life is no longer normal.
You know the side hustle must be done to improve your financial life. But you also know family life matters. How can you manage it all and not go insane?
Here are a few strategies I’ve used over the years as I’ve managed a career in education, side hustles (my blogs) and family life.