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5610 Ward Road, Suite 300 Arvada, CO 80002
9200 E. Mineral Avenue Centennial, CO 80112
Phone: 303-252-0852
Website: www.walshfinancialsolutions.com
January/February 2018
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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Advisory Services offered through Walsh Financial Solutions or Vanderbilt Advisory Services. Securities offered through Vanderbilt Securities, LLC. Member FINRA, SIPC. Registered with MSRB. Walsh Financial Solutions and Vanderbilt Securities, LLC are separate and unaffiliated entities. Clearing agent: Fidelity Clearing & Custody Solutions. Insurance Services offered through Vanderbilt Insurance and other agencies. Supervising Office: 125 Froehlich Farm Blvd, Woodbury, NY 11797 631-845-5100
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