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Old 06-25-2022, 11:59 AM   #42
mav1178
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Quote:
Originally Posted by trsilvias13 View Post
Random thought, I may be old, but why does a lot of people have side gigs? I don't want to spend my time to work more after work. I just make sure my career pays enough so I dont need a side gig.
Boredom. And everyone's value of time is different...

Also, at some point if you are a savvy investor or entrepreneur, you need to have play/gambling money.

I purely look at side gigs as a way to max out my current earnings potential. For example, my work has matching 401k up to $1000 per month. That's an extra $12k they are offering me if I put money aside.

If I do something on the side that allows me to put that amount of money aside per month, then I'm essentially doubling my side gig.

Everyone has their own motivations. I used to just do a bunch of random side stuff, put that money in a brokerage account separate from others, and use it as my vacation fund every so often. Never had to budget for vacations because I planned out the money ahead of time.
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