How to Juggle a Side Hustle with Life
How to Juggle a Side Hustle with Life
Trying to juggle a side hustle with life may feel impossible! You might already have a full-time job, kids to look after, and a house to maintain.Often it feels like there aren’t enough hours in the day!To be truthful, I completely understand. Back in 2020, when I started my first side hustle, I was also diagnosed with Type 1 Diabetes that same year! Not only did I have to make some drastic lifestyle changes to save my life, but I still had to do everything else. My business, home, and other responsibilities still needed to be maintained. Plus, I wanted to make my epic blog!I’m pleased to say thanks to a lot of hard work that my side hustle has gone from strength to strength! My life hasn’t suffered in any way, and I’m healthier than ever thanks to the changes I had to make to manage my diabetes.By understanding some simple strategies you can do it too!How to Juggle a Side Hustle with LifeRight now I’m running a successful blog, a brick and mortar business spanning multiple locations, and working on other opportunities as they arise. That’s not to mention the time spent managing my diabetes each week. Planning and shopping for meals to stay healthy is a necessary part of keeping diabetes under control. Despite all these pressures on my time I still find time to socialize and see my family! It’s important that regardless of success, I still have time for my life as well. After all, if I can’t share my success with anyone it would feel a little pointless!Time ManagementUnsurprisingly, time management is the number one area to conquer when juggling multiple activities.Ancient Greek philosopher Theophrastus said it best when he was quoted as saying:
Everyone has the same number of hours a week. How you organize those hours will be key to determining your success. Work too much and you will burn out quickly. Not enough time spent working means you won’t achieve your goals.Finding a balance is key. Your current job may already take 8 hours a day. That's 40 hours a week not including commuting time. Experts recommend sleeping 8 hours a night to be perfectly rested. That’s another 56 hours a week.There are 168 hours in a week and you’ve used 96 for work and sleep. That leaves you 72 hours for anything you like!Organizing that remaining time properly is the way to successfully juggle a side hustle and life. You could allocate one of your free days to be dedicated to your side hustle. Alternatively, you might spend 2-3 hours per day on your side hustle.How you do it is up to you. Just make sure you spend time on yourself. Recharging your batteries is important for your mental health.Build a Passive IncomeA passive income is when you are earning money for work you’ve already done.Blogging is a terrific example of this. You might spend 6 months building an awesome blog packed with quality content. After 6 months, you are getting regular traffic and you are earning money.Now that you’ve done the hard work of building a blog that earns money you can reap the rewards. You will continue to earn money from that blog for as long as it remains live and gets traffic. That’s known as a passive income.Of course, by continuing to maintain the blog, it will continue to grow meaning more money for you. However, you won’t have to spend as much time on it as you did when you first started out. You can earn via PayPal in your sleep!Start a Side Hustle Using Your Existing SkillsLearning new things is to be encouraged. Yet if you already have skills that could be monetized, why learn something else? Use your existing skills and you will be earning much quicker!When I had my life-changing diabetes diagnosis, I had to make wholesale changes to my life. I was adamant about starting my own blogging side hustle. As I have an economics degree and vast business experience, it made sense to blog about side hustling, investing, and managing money.By blogging about things I know about, I was able to grow my blog much quicker! When choosing your side hustle, do the same. Think about your current skills and use them to start earning.An accountant might look into starting a bookkeeping business. If you are a DIY enthusiast, you could start a YouTube channel teaching others. Maybe restoring furniture is your thing, in that case, look into making money by flipping furniture.Hopefully, you get the idea and can supercharge your side hustle by putting your current knowledge to good use.Don’t Be Shy About OutsourcingOutsourcing means paying someone else to help you with your side hustle. Using skilled third parties means you can free up your own time to work on other things.Perhaps you want to grow a blog quickly. You could pay a freelance writer to write content for your site. That way you can grow your blog fast. You also have more time to use for a social media campaign, planning content, or just a day off!Online marketplaces exist for freelancers in almost every industry. Use them to your advantage whilst growing your side hustle.Technology is Your FriendTime is the most valuable thing a man can spend. - Theophrastus
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About Chris Panteli
Chris Panteli has a Degree in Business Economics from the University of Liverpool and a background in finance, small business, start-ups, and side hustles, and is the founder of LifeUpswing.com. He has written on large industry publications including the New York Times, Forbes, Go Banking Rates, MSN, and Yahoo Finance.