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THINGS TO CONSIDER WHEN PURSUING A SIDE HUSTLE  

SPONSORED BY MONTGOMERY COUNTY COMMUNITY COLLEGE

Published: 12:20 pm EDT May 24, 2023Published: May 24, 2023Updated: 2:16 pm EDT
May 24, 2023
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Image via iStock.

Choosing a side hustle can be a great way to make extra money. However, there
might be a few things to consider before taking on a new gig, according to
Kiplinger magazine.  


WHAT’S YOUR GOAL? 

Consider what you want to accomplish from the side hustle. It could be saving up
money to buy a house or following a passion. Think about how your personal
interests could affect your approach to making extra cash. 




FINANCES AND THE LAW 

Make sure that you obtain proper licensing and seek legal advice, especially if
you’re starting your own business. Being properly insured and setting up an
emergency fund is also essential.  




PLAN FOR TAXES 

Since you’re making supplemental income, you’ll also be taxed for it depending
on how much you make. Make sure you set aside money to pay taxes, and perhaps
hire a tax adviser.  

Read more about what to consider when pursuing a side hustle in Kiplinger
magazine.   

--------------------------------------------------------------------------------

15 Side Hustle ideas for 2023.



--------------------------------------------------------------------------------



Montgomery County Community College, the sponsor of MONTCO.Today’s Career Corner
offers more than 100 associate’s degree and certificate programs at the
college’s Blue Bell, Pottstown, Culinary Arts Institute in Lansdale campuses and
online.



Funded by Montgomery County, the Commonwealth of Pennsylvania and student
tuition, Montgomery County Community college offers a high-quality, affordable,
accessible education that leads to relevant, rewarding transfer and career
opportunities.

Take advantage of all the college has to offer — from challenging educational
and professional development opportunities to stimulating activities and
cultural programs. Its doors are always open.

Learn more about the college’s degrees and programs or plan an in-person visit
to get a firsthand look at the college’s state-of-the-art facilities and
friendly campus life. 

Montco Momentum for All!

Tags: Career Corner, Kiplinger, Wilmington University

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