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2810 Fieldstream Drive North

Wilson, NC 27896

 

Phone: 252-237-4357

Fax: 252-243-2681

 

January/February 2018

Got a Side Hustle?

Got a Side Hustle

You can’t pick up a newspaper or watch the business news without coming across the gig economy, powered by the side hustle. For some, the side hustle is a little extra money supplementing a fulltime job. For others, gigging is a living.


A Growing Trend


The Department of Labor calls side hustlers the contingent workforce and others call them freelancers. Whatever you call them, they’re working in every aspect of society. From driving passengers to airports and renting out rooms to writing and programming for multiple employers, fulltime and parttime gig economy participants are rewriting the rules of work.


Tips for Gigging


Interested in joining the growing crowd? Before you begin, think about hobbies or other talents that you can convert into cash.

  • If this is a side hustle, don’t hustle on the side at the expense of your main income.

  • A side hustle is taxable income. Make sure to keep records.

  • Carry the right insurance, including liability insurance when needed.


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Active Planning & Investment Solutions and LTM Client Marketing are unrelated companies. This newsletter was created by LTM Client Marketing and was not written or created by the named financial professional and does not necessarily represent the views and opinions of Avantax Wealth Management® or its subsidiaries.
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