How A Side Hustle Can Help During Studies

How A Side Hustle Can Help During Studies

How A Side Hustle Can Help During Studies

Nobody’s life is without the odd bump in the road, and it’s likely that at some point in your life, you’ll find yourself needing to bounce back from life’s unexpected twists and turns. What it is you’re bouncing back from will be different for everyone, but there are many solutions and coping mechanisms when it comes to getting back on the horse.

The most popular routes involve things like therapy and journaling, which are both great habits to have during university. But something that’s not often talked about is the way in which side hustles can help you bounce back from a recent tough time, not to mention give you that extra bit of money during your studies. Side hustles are great for giving your life a renewed sense of purpose, a new direction and can be rewarding both mentally and financially.

Whatever it is you’re suffering from during your studies, this article will explain how to bounce back with the help of a side hustle.

Reasons for needing a new purpose

Grief

Unfortunately, losing a loved one is one of life’s unavoidable challenges, meaning we’ll all experience grief at some point in our lives. As one of the hardest things to go through, it’s nothing to worry about if the death of a loved one leaves you feeling helpless and miserable. 

Finding your studies difficult

No matter what course you are taking, it is ok to find it difficult at some time. In fact, it is quite common for people to quit their studies due to finding it difficult and being far away from home. Finding a side hustle can help give you a distraction so you can grow as an individual and not think about your course too much. 

Addiction problems

Addiction comes in many ugly shapes and sizes. It doesn’t matter whether your addiction problems come in the form of drugs, alcohol, gambling or something else, the impacts can be crippling. Fortunately, there are many success stories that can give you hope to return to a future life free from addiction.

Debt struggles

Debt and addiction can go hand in hand to form a vicious cycle. Other times debt can be caused by poor decisions or a lack of financial awareness. Whatever the reason for finding yourself in financial difficulties, seeking debt advice should be your first step, but a side hustle could be a life-changing option that you haven’t considered.  

Benefits of a side hustle

Money

The obvious benefit of a side hustle is the opportunity for you to make more money. However, be aware that this can also be the hardest benefit to achieve. Turning your side hustle into a profitable business isn’t an easy task, in fact, 1 in 5 businesses fail in the first two years. 

Side hustles will provide you with the extra money you need to help get you through your course. It is one of the best ways to distract your mind and help with any financial worries which you may have. 

Character building

If you choose to embark on a side hustle, you’ll likely find yourself outside of your comfort zone. While this may sound like a daunting scenario, opening yourself up to new opportunities is one of the best ways to build your character. 

The world of business, even at a side hustle level, will require you to meet new people, negotiate deals and resolve any issues that your customers may have. These types of scenarios will help to develop communication skills and people skills which won’t just see you go further in business but are also worthy life skills. 

New skills

Learning a new skill can be one of the most rewarding things you can do in life. Embarking on a side hustle journey can be one of the best ways to learn new skills and develop your overall skillset. 

As mentioned already, you may need to become an entrepreneur and learn the art of negotiation. Alternatively, you may want to attend local markets selling baked goods which requires you to vastly improve your baking skills. 

Positive mindset

If you’re able to achieve the benefits mentioned above, it’s likely that they’ll all combine to leave you with a more positive mindset and a happier life. While just one of these benefits will improve your life, achieving all three will lead you to be a more skilful person with more disposable income that’s much more comfortable when presented with new social situations.

Overall, your side hustle should leave you with a renewed sense of purpose and a fresh outlook on life, the perfect way to kickstart your comeback.

If you like the idea of working for yourself and giving your life a new purpose at the same time, you’ll now need to determine the right side hustle for your lifestyle and your skillset. Here are some of the most popular side hustles that people turn to.

Freelancer

If you have a skill that others require, freelancing is likely to be your easiest side hustle option. It’s especially suited to those who can offer some form of digital service such as website design, software development or digital marketing

Handmade products

It could be homeware, food, toys or something completely different. Choosing to sell handmade products as your side hustle will give you the opportunity to learn an abundance of new skills while growing a small business

First, you’ll need to perfect the art of creating your product and then you’ll need to consider e-commerce tactics, marketing and how to grow your brand into an empire. This is a great side hustle that you can adopt during your studies. 

Small service offering

Another option is to offer a small service to your local area. This is a great option if you’re looking for something you can do during evenings and weekends that don’t require you to learn a host of new skills. 

Popular options include things like house sitting, dog walking, delivery services and tutoring in the course that you do. 

Final thoughts

A side hustle can have many benefits during your studies. If you find your life in need of a new direction or purpose, a side hustle can be a great way to achieve exactly that. On top of the mental benefits, a successful side hustle will also leave you with more money to spend on the things you enjoy leading you to lead an all-round happier life.

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