I’m going to tell you something that you already know.
In 2017, times are tough. For many of us, it’s difficult to get a job. It’s hard to find one that pays decently and also provides benefits. Employers want an inordinate amount of experience plus a degree from an accredited institution. This puts a lot of young people in a catch-22. If you graduate with a degree, you’re entering into the workforce with minimal experience because you spent the last 4-6 years of your life in a classroom. If you bypass the college route and dive right into a job, the glass ceiling will eventually become quite apparent to you on the account you don’t possess the necessary piece of paper indicating you’re waist deep in student loans.
What a predicament, right?
No longer can the majority of us land a job right out of high school that can support a house, a car note, and a family. Our situation is a lot different from the previous generations. We’re facing a different set of circumstances. The cost of living is a lot higher nowadays. The rent for a studio apartment that’s comparable to a shoebox will cost you an arm and a leg. Let’s face it, being alive right now is an expensive undertaking. However, I find it imperative to take these challenges head on. We can make do. It’s possible.
As millennials navigating such difficult terrain, we have to develop our side-hustles. Expecting to pay all of your bills, support yourself and a family, and live your life from solely your 9-5 will not cut it. In this day and age, you need multiple streams of income. That means, you’re getting money more than one way.
This can look like:
1. A regular 9-5 that covers the majority of your living expenses.
2. Finding a way to monetize something you’re good at. Maybe you’re dope at poetry. Maybe you’ve always been good at playing the drums. Maybe you really like math. Whatever it may be, find a way to flip it. Become a tutor for math students, teach aspiring musicians, or facilitate poetry workshops. You’re already good at it, people would benefit from your expertise, and you can make some bread on the side. That sounds like a win-win to me.
3. If you’re a writer find freelance work. There’s plenty of websites offering monetary compensation for writing an article for their site.
4. Write an E-Book. It’s cost next to nothing to produce. (In a future blog, I’ll write about my process in making one).
5. Fill out surveys online.
There’s plenty of ways to bring in additional income. The key is getting out of your comfort zone and starting. What do you have to lose?
So many of us are struggling to make ends meet. So many of us are uncertain for what the future holds because how empty our pockets are. So many of us are living paycheck to paycheck with no end in sight. Unless we’re willing to change our approach and really dig deep for the will power to get it, we’ll always be stuck in this situation. By no means am I an advocate for this capitalist system, however, in the mean time I need to make sure you, me, and my family can get through these lean years.
If you’ve already started along this path, what are some of your side-hustles?