Many people start side hustles to pay off debt ^94%

Truth rate: 94%

Pros: 7
Cons: 3

Many people start side hustles to pay off debt

Pros: 7

Cons: 3
⬆

Side hustles help pay off high-interest loans ^83%

Impact:

+90

Having multiple sources of income helps with monthly payments ^51%

Impact:

+85

Side hustles require a lot of time and effort ^60%

Impact:

+80

Starting a side hustle may not guarantee financial freedom ^90%

Impact:

+75

Freelance work and part-time jobs can help cover debt ^61%

Impact:

+75

Extra earnings can accelerate debt repayment ^96%

Impact:

+70

Supplemental income from a side hustle can reduce financial burdens ^93%

Impact:

+50

Cons: 3

Pros: 7
⬆

Not all side hustles are scalable ^98%

Impact:

-50

Some side hustles have high startup costs ^71%

Impact:

-50

Managing multiple income streams is stressful ^62%

Impact:

-50

Refs: 0

Info:

Created by: Antônia Cavalcante
Created at: Oct. 1, 2024, 9:31 p.m.
ID: 10839

Related:

People use side hustles to supplement their income ^57%

57%

People use side hustles to supplement their income