five reasons to have a second job finance

five reasons to have a second job
finance

five reasons to have a second job finance

photo by steed media service


Once upon a time, it was taboo for employees to moonlight. Taking on a side job in addition to your regular nine-to-five was a big no-no to employers. Only underemployed workers in dire financial straits would even consider working a second job.
All of that has changed. As more people find themselves stretched financially, workers from all professions are seeking new ways to make ends meet. Not only does a side job bring in extra bucks and free up those much-needed dollars, but another gig can also add to your job skills and increase your value as an employee. Rolling out weighs in on why people from all walks of life are punching two time clocks. –cw

Get out of debt. Many Americans have maxed out their credit cards. And paying the minimum on those cards just won’t cut it. Supplementary income can reduce that mountain of debt into a molehill.
Developing more work skills adds more than just bullets on your résumé — acquiring new skills can equal more dollar signs.

Gain peace of mind. Not since the Great Depression have so many people lost so many jobs. Many psychological benefits can be gained with a second job, such as a sense of freedom, security and the luxury of one’s financial stability not being tied solely to one company.

Build an emergency fund. There are but three things certain in life: taxes, death and trouble. While the first two cannot be avoided, a second job allows a nice nest egg to be set aside just in case the unexpected happens. 

Turn a hobby into a second career. Do what you enjoy, and you’ll never have to work. Whether doing hair and makeup, tinkering on classic Chevys or selling fish plates at the church bazaar, a part-time side hustle can very well turn into a full-time livelihood.


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