Side Hustle Your Way Out Of Money Trouble

by  • 

Get Ride of Debt_Chispa MagazineWhen you are in a spot of money bother, you tend not to put in the maximum amount of effort you could to get yourself out of it. Money trouble is a lot more serious that people like to believe. It can affect your credit score, and if you let it get high enough, it can also affect your mental well being. Once money issues start getting really bad, you’ll start to feel the pinch of the minimum payments each month. Before you know it you’re just one big ball of stress. But there are ways of quickly getting out of it through side hustling, and other techniques that we’ve listen below.

Consolidate
Debt consolidation is the first thing you need to do before anything if you’ve managed to get yourself into a bit too much trouble with money. It helps to bring all the different monthly payments into one to make them more manageable, and easier to think of where your money needs to go. You’ll have one monthly payment to make, and you can often set how many months you’d like to have the repayments for. So if you want to get it over with sooner rather than later, you can set the repayment period smaller. If you know you’re going to struggle, you can extend the months the bring the payments down. All you need to do is visit companies such as debtconsolidation.loans to get the ball rolling. It is a technique a lot of people who have got themselves into some real bad money situations use. Some companies do charge really high interest rates, so just make sure you aren’t being scammed into paying something that really isn’t going to be that affordable for you.

Side Hustles
If you really have got yourself into a lot of money issues that you’re struggling to handle, then you might have to side hustle your way out of. That little bit of extra money each month could mean the difference between you struggling in life, and you being able to live comfortably whilst still being able to make the monthly repayments. All you need to do is get yourself a little weekend job to help bring in that extra bit of income. Just a few hours on a Saturday or Sunday is going to make all the difference. Yes, it will be hard to sacrifice more of your time, but it will all be worth it when you’re debt free and you can go back to a normal life. Working on the weekends will also help you to stop spending money a bit. The weekends are when we are at our most weakest. There’s temptation coming from all angles to spend money you really know you shouldn’t. A weekend job is effectively keeping you trapped from it all!

So there you have it, if you follow the tips above you’ll be out of your money troubles in no time. You just need to make sure you have the willpower to stick to it.

Facebooktwitterpinterestlinkedinmail
Milo Senalle

Milo Senalle

Managing Editor at Chispa Magazine
As one of the managing editors of Chispa Magazine, Milo Senalle is the go-to man for all things technology, ethical, and financial concerns. Providing laughs with his style of writing and problem-solving techniques, Milo is a voice of reason among the girly staff at Chispa. Married with children, living in Atlanta, he works 24/7 on becoming a man of courage and believes honor begins at home.

Milo Senalle

As one of the managing editors of Chispa Magazine, Milo Senalle is the go-to man for all things technology, ethical, and financial concerns. Providing laughs with his style of writing and problem-solving techniques, Milo is a voice of reason among the girly staff at Chispa. Married with children, living in Atlanta, he works 24/7 on becoming a man of courage and believes honor begins at home.