When it comes time to decide on how to make more money, it can be difficult to weigh the options: do you spend more time at work earning overtime pay in trying to get a promotion and a higher salary, or do you spend time on a side job or a passion, where you can hustle in your free time and maybe make extra cash?
There are certainly benefits to each theory and each pursuit, but let’s lay those out here as you decide whether to go after full-time pay raises, or side income:
Full-Time Work And Pay Raises
Working your full time job is, well, a full time job in and of itself. So if you’re going for more money from the job, you can certainly do it if you qualify for over time pay, or if you are paid by your productivity. After all, earning a promotion can certainly earn you more money in time. The only issue is, no promotion is guaranteed until it actually happens. You may work hard for the promotion, but that doesn’t mean they will end up giving it to you – so are you prepared to put in 60 or 70 hours of work every single week with no guarantee of promotion?
Side Jobs Are Great But Stressful
Working a side job is a great way for you to pursue a passion project – they can be ideal when it comes to developing something you love to do and something you are passionate towards. However, what happens if you have a side hustle that takes a long time to make money? If you need extra cash now, you may not see the fruits of your labor on the side for quite some time – are you prepared to wait as long as you will need to in order to develop that business?
For me, side income has to be fun in order to be worth it. Whether you try your luck playing online bingo on a site like top5onlinecasino, or start a pet sitting business, you have to enjoy what you do or doing it on top of a day job will soon prove complicated.
It Comes Down To Comfort and Work Ethics
At the end of the day, you can certainly make money both ways – whether through doubling down on your full time job, or focusing in your free time on a side job. While neither is guaranteed and some of it can take some time, you can make money and earn extra cash doing either one.
The question, then, really becomes whether or not you will find a work ethic and passion doing one thing or the other. Whichever path you choose, ask yourself – will you be able to work hard doing this? Will you stay passionate and motivated about it? Is it a sustainable work path? And above all – will you be happy doing it so you can continue doing it even when times are tough?
Even though nothing is guaranteed, you can rest assured that if you love what you do, and you are passionate about it, good stuff will tend to work out for you in the long run. Knowing this, evaluate your potential extra income opportunities based on what you love, and what will keep you motivated. Regardless of what you choose, it’s the right choice if it is something you love to do, and something that will keep you going when the going gets tough!