Remember when you were in Primary School and your teachers, your parents and all the other oldies always used to ask you what you wanted to be when you grew up? I remember when I was about six-years-old I would always answer that I wanted to write children’s books because I was obsessed with The Rainbow Fish. I held on to that idea for a while until I decided in Year 8 that I wanted to be a lawyer because I had binge watched the entire Ally McBeal TV series throughout the school holidays. I changed my mind again in Year 10 because I scored well in one biology exam so I figured that must mean I was obviously destined to be a Doctor.
It’s interesting that adults always ask what it is we want to be when we grow up because it makes it seem as if the one career that we choose is going to be the only thing that defines us when we too become adults. I realise now that the question is really limiting because it kinda makes it feel as if we’re only “supposed” to have one job. Like, bitch, what if I want to work multiple jobs so that I can have multiple sources of income and be an absolute baller?!
It’s estimated that more than two million Aussies work multiple jobs and I am no exception. I work full-time as a radiographer, constantly pick up overtime shifts, deliver food for Menulog and spend a shit tonne of time creating content for The Stingy Bitch. I’m lucky in the sense that, not only do I love doing all of these things, but they all act as a source of income. That doesn’t mean though that it isn’t a hell of a lot of hard work.
Trying to find a balance between working and living your life is never easy. It’s bloody tough trying to figure out how to work multiple jobs, maintain your relationship, socialise with your mates, sleep, exercise, meal prep, see your family… the list is endless. People always talk about how great it is to have a side hustle (and it is, don’t get me wrong!!), but it’s also really important to maintain a healthy, balanced life. This post is going to give you guys a little insight into how I try & keep that balance whilst working multiple jobs. I’m no expert, and sometimes I still really struggle with it, but I’ve definitely learnt alot throughout my side hustlin’ experience.
Why Do Aussies Love a Side Hustle?
Look, I know it’s pretty damn obvious that the most common motivation for a side hustle is to make a bit of extra cash. Having multiple sources of income is crucial to building wealth and maintaining financial security, but there’s also (non-financial) reasons for us to side hustle. A 2017 study conducted by NBN delved into this idea and found that there were actually heaps of reasons Aussies love a good, old fashioned side hustle. Those reasons range from wanting to have more meaning and purpose in life, to wanting to develop new skills and also because we just want to be our own goddamn bosses. Check out some of the other non-financial related reasons for wanting a side hustle below:
Why Are YOU Side Hustling?
So, when it comes to thinking about your side hustle, it’s really bloody important that you figure out WHY you’re hustling. I know that we alllll love having a bit of extra cash to treat ourselves, but you’ve got to figure out your non-financial related reason for wanting a side hustle too. If extra money is the only reason that you’re pursuing a side hustle, then odds are you’re probably going to drop that job real quick.
Personally, I started working on my blog because I found that my job wasn’t challenging me enough. I really love being a radiographer, but when I started working full-time, I always found myself coming home from work with heaps of energy and nothing to do. So, I started writing as a creative outlet and eventually found that it gave me a whole new purpose. It took heaps of time to ever actually make any money from this side hustle, but that didn’t really bother me because it wasn’t my main motivation behind starting the blog. That initial motivation is the whole reason I keep going with this blog when I’m feeling over-worked, tired and stressed. I remind myself why I started writing the blog in the first place and it motivates the hell out of me to keep working hard at it. Obviously, the extra income that it does generate is just a really nice little bonus.
What Is Your Side Hustle Goal?
Once you’ve figured out what your motivation is for wanting to side hustle, you also need to spend some time figuring out your side hustle goal. This goal might either be financial or non-financial. Maybe you have a goal to earn a certain amount of money from your side hustle by the end of the year, or maybe you have the goal to learn a new skill in a particular amount of time. Whatever the hell your big goal is, write that shit down. By writing it down, it will hold you way more accountable and will encourage you to keep hustling until you reach your goal.
Not only do you want to have a large goal that you’re working your ass off to achieve, I’d also recommend setting yourself some smaller incremental goals. It’s really hard to commit yourself to a side hustle if your long-term goal seems ridiculously far off, so set yourself smaller targets too. When I started delivering food for Menulog, I set myself a goal to earn $500. It didn’t take me very long to earn that amount of money but when I reached that milestone, I treated myself to dinner at a new restaurant. By rewarding myself every time I hit small goals, it motivates me to keep pushing forward to hit my longer term goals.
Don’t Rely On That Extra Income
The thing to remember about side hustling is that any extra money you make from it is just that… extra. It’s easy to get caught up in the lifestyle inflation trap which means that you spend more money simply because you earn more money. In order to make sure that I avoid relying on that side hustle income to fund my lifestyle, I try to avoid using that money to pay for any of my fixed expenses like my rent, bills or groceries. Instead, I use that extra income to build my wealth. I either save any extra side hustle money in my high-interest savings account or I invest it straight into my Raiz or Spaceship portfolio.
By not relying on the extra income, I don’t feel any negative pressure to side hustle. Obviously, it’s great when I do generate extra money, but my lifestyle isn’t affected if I do take some time away from hustling. I think this is really important when it comes to finding that balance between working and living your life. Putting pressure on yourself to side hustle instantly takes the fun out of it and the work just stops being enjoyable. You should want to side hustle because the work not only generates an income, but also adds value to your life in a non-financial related way. You’ve just gotta figure out what that value is.
Learn How To Say No
Alright, I know I’ve been talking a lot about how you’ve gotta work hard to achieve what you want, but now I’m going to throw a bloody spanner in the works. Learning how to say no is probably one of the most important (and hardest) things to learn when you start side hustling. This is something I realllllly struggle with sometimes, but I’m currently in the process of teaching myself how to get better at it. It’s really easy for me to get addicted to the idea of making more money and sometimes I say yes to working when my body just desperately needs a break. Take it from me – if your body is telling you that it needs to rest, listen to it.
The best thing about allowing yourself to rest is that it actually leads to you being even more productive. Max Frenzel wrote that “excellent work, particularly of the creative and innovative kind, needs rest and relaxation just as much as it requires time actively engaged in work.” I don’t know about you, but that is all I need to hear to encourage myself to slow the f down and allow myself to rest sometimes. The more you listen to your body and let it rest when it needs, the more driven and motivated you’re going to be to keep pursuing your side hustle goals.
My final piece of advice when it comes to side hustling is to remember not to work so much that you forget to live your life. Don’t work so much that you have no time to prioritise self-care and look after yourself. Don’t work so much that you never get to spend time with the people you love. Don’t work so much that you forget to engage in activities that make you happy. It’s all well and good to want to make extra money and build your wealth, but if you don’t spend time enjoying that money now, then what the hell is the point?
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The Stingy Bitch
Based in Sydney, Australia.
Created in 2020.
This site and all of it’s contents are provided for entertainment purposes only and do not constitute personal financial advice. All products that are mentioned are general product advice only, not personal product advice. Not all options are presented and my opinions are subject to change. All content and posts have been prepared as a general summary only and is not intended to be financial advice with respect to any particular matter. This post should not be relied on with respect to any particular matter. If you have questions about any aspect of the content or this site or otherwise require personal financial advice, you ought to seek financial advice. The author disclaims liability to any person who relies on this post.
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