Part-time Job vs Side Hustle

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Questions and Answers

What is the main difference between part-time jobs and side hustles?

  • Side hustles offer security and guaranteed pay
  • Part-time jobs offer a set schedule and guaranteed pay (correct)
  • Part-time jobs offer higher earning potential
  • Side hustles offer room for advancement

Who is suggested to start a side hustle?

  • Someone with no existing income
  • Someone who needs to quickly raise their income within the next month
  • Someone with existing income and looking for more money in their free time (correct)
  • Someone looking for a full-time job

What is a disadvantage of side hustles?

  • They require thinking for oneself and the possibility of not making any money (correct)
  • They offer no room for advancement
  • They require set hours
  • They offer security and guaranteed pay

What is an advantage of part-time jobs?

<p>They offer a paycheck from an employer (D)</p> Signup and view all the answers

What is a suggestion for someone needing to quickly raise their income within the next month?

<p>Starting a side hustle (B)</p> Signup and view all the answers

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Study Notes

  • The debate between part-time jobs and side hustles depends on the value of time and availability.
  • Part-time jobs offer security, a set schedule and guaranteed pay but no room for advancement.
  • Side hustles offer freedom, higher earning potential and the ability to scale over time.
  • However, side hustles require thinking for oneself and the possibility of not making any money.
  • Starting a side hustle is suggested for those with existing income and looking for more money in their free time.
  • Getting a part-time job is suggested for those needing to quickly raise their income within the next month.
  • Trying both at the same time is an option.
  • The decision depends on individual circumstances.
  • Side hustles allow for deciding when to work, while part-time jobs require set hours.
  • Side hustles require creating one's income, while part-time jobs offer a paycheck from an employer.

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