How To (Side) Hustle
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What is a side hustle and how can it benefit you?
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Welcome to the Australian Finance Podcast, a podcast for people who want to learn more about their personal finances and get the most from their money. This series is hosted by Kate Campbell from HowToMoney and Owen Rascovich from Rask Finance.
The Australian Finance Podcast is provided for educational purposes only. The information is general in nature and does not take into account your needs, goals or objectives. What that means is the information does not apply to you specifically. So consider getting the advice of a licensed and trusted professional before acting on the information. Kate, welcome to this episode of the Australian Finance Podcast.
Yes, and today we're talking about one of the topics that's pretty interesting, which is side hustles.
Cool. What's a side hustle?
What are some creative ideas for starting a side hustle?
Well, I would say a side hustle is something you do on the side of a full-time or a part-time job for a bit of extra cash. It's not technically designed to replace your income. You're just doing something you enjoy and you're just getting a bit of extra money that you might use to boost your emergency fund or help pay the bills or something like that and you enjoy doing it.
So you're not telling us all to just, I don't know, start a fashion company and leave our jobs?
No.
Damn it.
No.
Okay. Cool. Well, this episode, I'm going to be guided by you because I reckon you're the expert on side hustles because you have a pretty cool one. And one of those is sitting here with me now, right? Like doing the podcast. That's a side hustle for you. Yeah. Yeah. So most people don't know this, but Kate also has a full-time job. Yes. In the finance industry.
Yep.
Every day. Yep. And she does this after hours. So we record this. It's currently a Monday evening. So Kate, this is your side hustle.
How can you start a side hustle without significant investment?
And it's a pretty good one to have.
And you've got another podcast series, so... Yeah, so that keeps me pretty busy.
Yeah, cool. I like it. All right, so I'll throw it over to you. Let's get stuck into it.
Yeah, so I thought pretty much I wanted to talk a little bit about what side hustles are generating some ideas for your side hustle, some of the important things to consider and... some of the experiences that we've had in the past from kids to grownups of side hustles. I mean, some were put on us by force by our parents and just some interesting ideas and resources because there's, as you realize, as you look at some of the resources, we'll point you in the direction of there are an infinite number of potential side hustles and you probably never think of them until someone tells you that they do that. I remember someone who had a secondary market for those fidget spinners when they were going crazy a few years ago.
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Chapters
8 chapters
1
What is a side hustle and how can it benefit you?
0:00–2:15
2
What are some creative ideas for starting a side hustle?
2:15–3:16
3
How can you start a side hustle without significant investment?
3:16–5:12
4
What are the common pitfalls to avoid when starting a side hustle?
5:12–8:40
5
How should you manage your time between a side hustle and a full-time job?
8:40–10:43
6
What financial considerations should you keep in mind for your side hustle?
10:43–12:31
7
How can you ensure your side hustle complies with legal requirements?
12:31–14:04
8
What are some successful examples of side hustles shared in this episode?
14:04–25:29
Speakers
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