If finding a side hustle is your thing, and you want to make sure you do it right, join us for our upcoming workshop, A Practical Guide To Building A Sustainable Freelance Business: bit.ly/TFDStudio4!
I think side hustle culture is unhealthy. Unfortunately it's necessary for a lot of people, but if you can afford to you should absolutely not feel guilty for having free time.
the most annoying thing is that they tack on the final point "feel less guilt when I wanted to make bigger purchases." I get that many people are forced into second, third jobs because of debt or stagnant salaries + high cost of living or whatever other shitty circumstances. It sucks. But that line about splashy spending just sounds like living beyond your means and paying for it with a second job (fingers crossed that all keeps going ok i guess..?) talk about questionable "advice"
I dont agree with the side hustle tip. Even selling used clothes becomes more than a side hustle when you have to spend so much time taking good photos and still no one is buying. Not every waking minute of your life needs to be monetized or become a side hustle. But if you have some clothes or furniture ready to part with of course sell instead of tossing or donating back to the thrift store.
true, especially about the fact that noone buys stuff. People try to tell you that you should improve the fotos but really the clothes I put online are for a specific niche and frankly I don't know that many (female) people who buy jeans online as the body type can really affect the fitting. On me a pair of jeans might look casual but someone who has exactly my size but more muscle on the legs won't fit in there
"why spend free time bored at home?" When did it become decided that literally all of our waking hours (and sleeping hours, for that matter) should be making money??? why aren't we advocating for a more frugal life that allows you to... idk actually live a little??? Moonlighting's been "rebranded" to sound cool but it sucks, wears you down and makes it really hard to find your way to a more tenable situation because you're exhausted and have NO mental space or time to think about stressful things like money, jobs. unfortunately for many ppl it's necessary. that's not a good thing.
Absolutely agree. You've got to learn from more successful real life mentors who demonstrate how to work smarter - meaning working less hours for your money and find the joy in a well balanced life. Incredibly well said @milikoshki
AGREED. I was like wtf?? That was worth leaving a dislike for me. We are overworking and wearing ourselves out enough ALREADY, slow and less busy life is a way to go for the most people if they wish to be happy (some genuinely enjoy being busy 24/7, but that's more of an exception)
I agree with the other comments on side hustles. I guess it's a good idea for some people at some points in life. Plus, some people find a way to monetize their hobbies, so, good for them! But as a debt-free person with a high-paying single job, a good emergency fund and social security (European here!), what's the point of sacrificing my free time? Besides, who actually sits bored at home? Get y'all some hobby (or even better, volunteer)!
Yeah, I barely have the mental health capacity to handle a full time job let alone add a side hustle. I can totally respect the idea if that’s your thing, but I feel like trying to make money off of every second of your existence is a quick way to miss out on actually living your life.
Do people really spend their free time sitting bored at home?? I would have figured that most people have hobbies that are more entertaining than a side hustle... Or do some people really have so much energy that they can easily handle a side hustle on top of a full time job, hobbies, a social life, chores and having a healthy lifestyle (cooking & working out takes time!)?
I have a full time job and a part time job totaling about 60 hours a week. I like to read, write, and spend time with family, but I wish I did it more. I hate cleaning, I don't workout, but I'm trying to be more active. I've started cooking again. I'm tired all the time. I guess I'm doing it now while I'm young and my expenses are low? I have really big financial goals, and right now the extra $650-800 a month is worth it
The side hustle has saved me during quarantine. My main job closed, my side job closed, my side hustle of sewing is what has allowed me to pay the bills and stay afloat during these super hard times
Only point I disagree with is the last one. There is more to life than work and generating money, especially if you're in good financial shape. Maybe get a hobby instead of constantly working?
ChocoCaramel I agree with your advice. I’d say do not be bored and just do some thing, whether that be volunteering, finding a side hustle, or getting a hobby. There’s no point in life if you’re getting bored
A relationship that isn't open with finances is just a really intimate friendship. (Not saying you need access to each others accounts, but knowledge about how they are struggling is kinda part of the bond I would think).
aidou97 agree. Not knocking side hustles at all they're great but I get tired of the advice that EVERYONE should have one. It's not doable for everyone IMO
I don't have a job ( I am 27 years old) but I currently sell college textbooks while going to university. I make good cash. Just last month, August I made over $700 just selling textbooks. Been doing so since 2016. With the cash I have been making, I bought my car for $5,000 in January 2020.
I don't know what is about the narrator, if it's her way of speaking or accent (sorry english is not my native language), but I find it difficult understanding her. The captions help, but the automatic generated ones always have a few mistakes :( And I don't really agree with the last point. So we have to work, pay our taxes, pay for our stuff and we get to work even more? Man. I don't get it how people in finances really romanticize work. We NEED some rest and time to ourselves. Life is not about working, is about living.
I believe it is a mix of her not enunciating enough, whispering her vowels and almost whipering some of her words, and speaking way too fast in some areas.
Side hustling with little spare time is rather difficult. I study the law in Germany and dedicate a lot of time to it. I thought about side hustling as a waitress but right now restaurants and cafés are struggling to survive and don't hire, plus I would miss lectures doing so. I thought about doing this in between the semesters but I just found as I am not having lectures that my lecture free weeks are neatly packed with internships, assignments and necessary revision. I suppose I am just a slow learner but right now I'd rather focus on passing exams and not falling behind than hustling on the side which I don't absolutely need right now. Much respect to those who study law, have a social life and a job in their life. I really need to talk to some of those peeps to find out why my day seems to have less hours than theirs
Talking to your partner about money is so important. A person's attitude towards money says a lot about their values and world-view, and knowing about it is a great way to see if the relationship is viable.
“Here are the pieces of advice I ignored early on in my career that still affect me now at age 26” um you are still early in your career, you’re only 26 lol - me, a fellow 26 year old
I am using my free time to build interpersonal skills and improving my knowledge and mental clarity. I think, you don't have to always monetize your free time.
As many others have said, I'm not a fan of side hustle culture. If you really need the extra money, that's unfortunate, but do what you need to to get by, but if you're already making enough at your job, there's no need to work yourself to the bone and burn yourself out. The idea that every waking hour should be devoted to producing capital is, I think, a very unhealthy mindset. Not every hobby needs to be monetized, and volunteer hours, having a rich social life, or hell, just consuming media you enjoy are all perfectly legitimate uses of your time. If you have a hobby that you feel you can monetize, great, but unless you are in a bad financial situation, side hustles are not something that people should be expected to seek out.
Yes the side hustle tip is really important! Especially for those of us trying to get out of student loan debt. Just make sure it’s something you actually don’t mind/enjoy doing, or it will become a chore you grow to resent!
What?! No mention of retirement? Any money invested in your 20s will be the best money you'll ever invest and most 20 something's don't get compound interest!!!
I really enjoyed the narrator on this one. They made it feel like someone having a conversation. A lot of the narration feels a bit stiff on these vids.
A lot of people are a little unhappy with the narration with this, most specifically, ESL people are having trouble understanding her, and while I myself have no problem, I totally hear what they are talking about.
I fought with my partner about money all the time so we broke up, although I do not have time for a side hustle as I work in healthcare and the hours are super long
Great advice! Well made! I really liked the voice actor. She actually sounded like she was in her 20s and not an older woman which is what most financial videos have.
I think the side hustle idea is actually great. Even just taking a second job morning shift on the weekend is a great side hustle. I did that along with my internship.
A lot of criticism was directed at the side-hustle suggestion. It's not a bad suggestion if you can see it as a challenge to think laterally in problem solving. In this case, it's increasing your revenue streams. You can even find ways to combine it with your main job and multiply the potential income! Get creative :)
It's because people need time to rest and do all kind of non-work activities that make life worth it. It's very easy to go down the rabbit hole of side hustling, but a more long term approach would be to think how you can maximise your main income (improve your qualification, switch careers, etc) instead of just working more jobs at once.
I don't agree with some of these comments demonizing side hustles. Whether we like it or not, money is a NECESSITY not a WANT. Not only that, if you think you're going to find an employer who values your hard work, believes in the longevity of their employees, and gives generous employee packages, etc you're dreaming. Nowadays, employers toss you out like a wilted salad without any care whatsoever. I thought I wouldn't need a side hustle but with the way this country's going and the possibility of social security being a thing of the past, it is evident now more than ever that a side hustle is an excellent idea.
If you have enough money, you don't need side hustle. I have a good work life balance, good employee benefits, awesome salary. So, in my free time I'd like to enjoy my life, lice in the moment. Life is not all about money, it's about building memories too. I understand that a side hustle is required for some people, but it's not a NECESSITY for money management
So no one’s gonna mention the fact that she had to cover the bills for her boyfriend like she’s his mom... This is why I advocate women to have higher standards for themselves.
The first three are solid advice, but that last one is reprehensible. Unless you need it to survive, that time would be better spent becoming politically active in your community and helping to organize to make a single full-time job enough to live on. If you need it to survive, you already know why this advice is garbage.
My side hustle is coaching tennis to kids. Paying forward the knowledge and joy I have in staying active and having fun is hardly reprehensible. There are many ways to be active in your community, not all of them are political.
@@yankeefederer1994 Coaching kids and giving them fun recreational activities is political. Kids with opportunities and caring adults in their lives tend to get in less trouble. Bless you for being there for them.
@@NotHPotter I think most people across the political spectrum value those things, that's why I wouldn't define my side hustle as political (at least in primary function). Thanks!!
@@yankeefederer1994 Choosing to give back to the community versus taking the time to benefit oneself financially is an inherently political act. We need to grow beyond this notion that engaging is politics is somehow tainted, because that's how we've managed to let only the bad actors run the show.
If finding a side hustle is your thing, and you want to make sure you do it right, join us for our upcoming workshop, A Practical Guide To Building A Sustainable Freelance Business: bit.ly/TFDStudio4!
I think side hustle culture is unhealthy. Unfortunately it's necessary for a lot of people, but if you can afford to you should absolutely not feel guilty for having free time.
True
Agreed. Not having a side hustle is not a "money mistake".
the most annoying thing is that they tack on the final point "feel less guilt when I wanted to make bigger purchases." I get that many people are forced into second, third jobs because of debt or stagnant salaries + high cost of living or whatever other shitty circumstances. It sucks. But that line about splashy spending just sounds like living beyond your means and paying for it with a second job (fingers crossed that all keeps going ok i guess..?) talk about questionable "advice"
Exactly!!! Thank you
1-make a budget and stick to it
2-talk about money with your partner
3-build your credit responsibly
4-find a side hustle
I dont agree with the side hustle tip. Even selling used clothes becomes more than a side hustle when you have to spend so much time taking good photos and still no one is buying. Not every waking minute of your life needs to be monetized or become a side hustle. But if you have some clothes or furniture ready to part with of course sell instead of tossing or donating back to the thrift store.
true, especially about the fact that noone buys stuff. People try to tell you that you should improve the fotos but really the clothes I put online are for a specific niche and frankly I don't know that many (female) people who buy jeans online as the body type can really affect the fitting. On me a pair of jeans might look casual but someone who has exactly my size but more muscle on the legs won't fit in there
Well said
"why spend free time bored at home?"
When did it become decided that literally all of our waking hours (and sleeping hours, for that matter) should be making money??? why aren't we advocating for a more frugal life that allows you to... idk actually live a little??? Moonlighting's been "rebranded" to sound cool but it sucks, wears you down and makes it really hard to find your way to a more tenable situation because you're exhausted and have NO mental space or time to think about stressful things like money, jobs. unfortunately for many ppl it's necessary. that's not a good thing.
Absolutely agree. You've got to learn from more successful real life mentors who demonstrate how to work smarter - meaning working less hours for your money and find the joy in a well balanced life. Incredibly well said @milikoshki
AGREED. I was like wtf?? That was worth leaving a dislike for me. We are overworking and wearing ourselves out enough ALREADY, slow and less busy life is a way to go for the most people if they wish to be happy (some genuinely enjoy being busy 24/7, but that's more of an exception)
@@Li_Tobler true
Fifth: don't date Someone who can't handle their own debt.
Exactly
Definitely! Terrible financial habits is a deal breaker for me.
If a man wrote the same thing he wouldn't get the same upvotes
I agree with the other comments on side hustles. I guess it's a good idea for some people at some points in life. Plus, some people find a way to monetize their hobbies, so, good for them! But as a debt-free person with a high-paying single job, a good emergency fund and social security (European here!), what's the point of sacrificing my free time? Besides, who actually sits bored at home? Get y'all some hobby (or even better, volunteer)!
Yeah, I barely have the mental health capacity to handle a full time job let alone add a side hustle. I can totally respect the idea if that’s your thing, but I feel like trying to make money off of every second of your existence is a quick way to miss out on actually living your life.
Well said
Do people really spend their free time sitting bored at home?? I would have figured that most people have hobbies that are more entertaining than a side hustle... Or do some people really have so much energy that they can easily handle a side hustle on top of a full time job, hobbies, a social life, chores and having a healthy lifestyle (cooking & working out takes time!)?
@financemates - Personal Finance & Investing Watching TV is a perfectly fine hobby
Yes. Everyone busy one way or another and down time is low. Everyone does not need a side hustle. Once you get paid, it becomes a job.
I have a full time job and a part time job totaling about 60 hours a week. I like to read, write, and spend time with family, but I wish I did it more. I hate cleaning, I don't workout, but I'm trying to be more active. I've started cooking again. I'm tired all the time. I guess I'm doing it now while I'm young and my expenses are low? I have really big financial goals, and right now the extra $650-800 a month is worth it
The side hustle has saved me during quarantine. My main job closed, my side job closed, my side hustle of sewing is what has allowed me to pay the bills and stay afloat during these super hard times
Thank you for this comment. I'm tired of people demonizing side hustles. Employers are only loyal to themselves.
Only point I disagree with is the last one. There is more to life than work and generating money, especially if you're in good financial shape. Maybe get a hobby instead of constantly working?
True. Maybe they just threw that point in to plug their upcoming workshop pinned in the first comment.
@@TheAimeeshanice Good point! I didn't consider that haha
ChocoCaramel I agree with your advice. I’d say do not be bored and just do some thing, whether that be volunteering, finding a side hustle, or getting a hobby. There’s no point in life if you’re getting bored
Right?
Talking about money with your partner is talking about values and life vision with your partner.
Among the most important: Pay yourself first, stay out of debt, and put your savings in the right place (not under your mattress).
A relationship that isn't open with finances is just a really intimate friendship.
(Not saying you need access to each others accounts, but knowledge about how they are struggling is kinda part of the bond I would think).
The side hustle advice depends. I haven't had a side hustle, and I'm doing fine.
aidou97 agree. Not knocking side hustles at all they're great but I get tired of the advice that EVERYONE should have one. It's not doable for everyone IMO
Having a side hustle ensures that if one stream of income goes away you still have so money coming in. Job security is hard to find !
@@HelenaAmour That's what an emergency fund does though.
@@HelenaAmour Thank you for being the voice of reason!
@@aidou97 And what happens when that savings is gone for unexpected circumstances?
Best advice I've had: either you receive interest on interest or you pay interest on interest.
I don't have a job ( I am 27 years old) but I currently sell college textbooks while going to university. I make good cash. Just last month, August I made over $700 just selling textbooks. Been doing so since 2016. With the cash I have been making, I bought my car for $5,000 in January 2020.
I don't know what is about the narrator, if it's her way of speaking or accent (sorry english is not my native language), but I find it difficult understanding her. The captions help, but the automatic generated ones always have a few mistakes :(
And I don't really agree with the last point. So we have to work, pay our taxes, pay for our stuff and we get to work even more? Man. I don't get it how people in finances really romanticize work. We NEED some rest and time to ourselves. Life is not about working, is about living.
I'm a native english speaker and i can definitely concur that she mumbles a LOT
I believe it is a mix of her not enunciating enough, whispering her vowels and almost whipering some of her words, and speaking way too fast in some areas.
Side hustling with little spare time is rather difficult. I study the law in Germany and dedicate a lot of time to it. I thought about side hustling as a waitress but right now restaurants and cafés are struggling to survive and don't hire, plus I would miss lectures doing so. I thought about doing this in between the semesters but I just found as I am not having lectures that my lecture free weeks are neatly packed with internships, assignments and necessary revision.
I suppose I am just a slow learner but right now I'd rather focus on passing exams and not falling behind than hustling on the side which I don't absolutely need right now.
Much respect to those who study law, have a social life and a job in their life. I really need to talk to some of those peeps to find out why my day seems to have less hours than theirs
Talking to your partner about money is so important. A person's attitude towards money says a lot about their values and world-view, and knowing about it is a great way to see if the relationship is viable.
I am majorly regretting my 20s...and I'm still in my 20s.
“Here are the pieces of advice I ignored early on in my career that still affect me now at age 26” um you are still early in your career, you’re only 26 lol - me, a fellow 26 year old
Besides, 25 - 54 years old (retirement) is often referred to as the prime-age working population so you've only recently joined that group
As a 24 going on 25 who's been working for 4 years and full-timing for the last 2... I agree.
Lol!
I am using my free time to build interpersonal skills and improving my knowledge and mental clarity. I think, you don't have to always monetize your free time.
Exactly
@@szj_szando that's so true! At the end, you will appreciate more time you spend with your close ones than the amount of money you have
#2 - Yep. Who you partner up with can have a huge impact on your finances--positive or negative! Single biggest money mistake of my twenties for sure.
As many others have said, I'm not a fan of side hustle culture. If you really need the extra money, that's unfortunate, but do what you need to to get by, but if you're already making enough at your job, there's no need to work yourself to the bone and burn yourself out. The idea that every waking hour should be devoted to producing capital is, I think, a very unhealthy mindset. Not every hobby needs to be monetized, and volunteer hours, having a rich social life, or hell, just consuming media you enjoy are all perfectly legitimate uses of your time. If you have a hobby that you feel you can monetize, great, but unless you are in a bad financial situation, side hustles are not something that people should be expected to seek out.
Yes the side hustle tip is really important! Especially for those of us trying to get out of student loan debt. Just make sure it’s something you actually don’t mind/enjoy doing, or it will become a chore you grow to resent!
It’s easier on your life if you find someone who is good with money rather than not.
voice over talking was way too fast and kind of mumbling.
Jennifer Shih that’s what I came to say! Enunciate!
I totally agree! She was racing through it.
Finally, a video that went straight to the point. 👏🏻
What?! No mention of retirement? Any money invested in your 20s will be the best money you'll ever invest and most 20 something's don't get compound interest!!!
I really enjoyed the narrator on this one. They made it feel like someone having a conversation. A lot of the narration feels a bit stiff on these vids.
A lot of people are a little unhappy with the narration with this, most specifically, ESL people are having trouble understanding her, and while I myself have no problem, I totally hear what they are talking about.
@@Pomagranite167 That's a fair critique!
I fought with my partner about money all the time so we broke up, although I do not have time for a side hustle as I work in healthcare and the hours are super long
Great advice! Well made! I really liked the voice actor. She actually sounded like she was in her 20s and not an older woman which is what most financial videos have.
I think the side hustle idea is actually great. Even just taking a second job morning shift on the weekend is a great side hustle. I did that along with my internship.
One thing that helps also is to tithe to your church. 10% it sounds crazy but it does help alot.
Despite the economic crisis this is the best time to start up an investment
Invest in crypto and gold 💯
They're really profitable m
Crypto is the future
Investing now will be very nice
Stocks are good too
as a clothing reseller i appreciate the shout out! hahaha
Your side hustle should be organizing to effect social change so that people don't need to have a side hustle to survive in America.
I LOVE THIS ENERGY
or it could be your side hustle. don't force the change you want to see in the world onto others.
A lot of criticism was directed at the side-hustle suggestion. It's not a bad suggestion if you can see it as a challenge to think laterally in problem solving. In this case, it's increasing your revenue streams. You can even find ways to combine it with your main job and multiply the potential income! Get creative :)
It's because people need time to rest and do all kind of non-work activities that make life worth it. It's very easy to go down the rabbit hole of side hustling, but a more long term approach would be to think how you can maximise your main income (improve your qualification, switch careers, etc) instead of just working more jobs at once.
I don't agree with some of these comments demonizing side hustles. Whether we like it or not, money is a NECESSITY not a WANT. Not only that, if you think you're going to find an employer who values your hard work, believes in the longevity of their employees, and gives generous employee packages, etc you're dreaming. Nowadays, employers toss you out like a wilted salad without any care whatsoever. I thought I wouldn't need a side hustle but with the way this country's going and the possibility of social security being a thing of the past, it is evident now more than ever that a side hustle is an excellent idea.
If you have enough money, you don't need side hustle. I have a good work life balance, good employee benefits, awesome salary. So, in my free time I'd like to enjoy my life, lice in the moment. Life is not all about money, it's about building memories too. I understand that a side hustle is required for some people, but it's not a NECESSITY for money management
Add: start a retirement fund- set it and forget it.
Yayyy new vid!!!
Who does lunch delivery and coffee while struggling to pay bills and rent? This girl was -- I'm sorry to say -- an utter train wreck!
Thanks!
I'm 20 and I just got an 800+ credit score. What do I do now?
This is good advice 😅
So no one’s gonna mention the fact that she had to cover the bills for her boyfriend like she’s his mom... This is why I advocate women to have higher standards for themselves.
Mistake number one: don't buy credit cards
Love the vids! Wonder where is everyone from? Comment where you're from!
Virginia
Omg she is mumbling underneath her nose, you can barely understand her. 🙄
ImInMyPJ's it’s horrible to listen to
It felt like she wasn't breathing lol
Love the message but the voice over was meh. Feels like shes eating some of the words. Great advice though! 🌸
The first three are solid advice, but that last one is reprehensible. Unless you need it to survive, that time would be better spent becoming politically active in your community and helping to organize to make a single full-time job enough to live on. If you need it to survive, you already know why this advice is garbage.
My side hustle is coaching tennis to kids. Paying forward the knowledge and joy I have in staying active and having fun is hardly reprehensible. There are many ways to be active in your community, not all of them are political.
Paying off your debt with side hustles are far more important than becoming a politically active... priorities backwards.
@@yankeefederer1994 Coaching kids and giving them fun recreational activities is political. Kids with opportunities and caring adults in their lives tend to get in less trouble. Bless you for being there for them.
@@NotHPotter I think most people across the political spectrum value those things, that's why I wouldn't define my side hustle as political (at least in primary function). Thanks!!
@@yankeefederer1994 Choosing to give back to the community versus taking the time to benefit oneself financially is an inherently political act. We need to grow beyond this notion that engaging is politics is somehow tainted, because that's how we've managed to let only the bad actors run the show.
ENUNCIATE
I don’t think Gigi Hadid need a budget.
This voice over is not the best choice.
"early twenties" ... "Now i'm 26". Seriously?
Just talk about your finances with your partner.
getting only partner to foot the bill in a relationship specially before marriage is just shitty.