Before deciding to pursue a side gig, people should establish their goal, whether that is to earn more money, explore a creative outlet or build skills that they aren't using in their full-time job, Ng recommends.
"Choose whatever is the most time-efficient and energy- and spirit-efficient way of earning more," she said. It's important to consider the amount of time and effort launching a business will take versus the potential payoff, Tran said. "At the end of the day, ultimately what matters is the size of the gap between how much you earn and how much you spend," said Pant. One way of increasing that is to bring in extra income, especially if you don't want to cut sending.
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