How to use a side hustle to pay off debt

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Here's how to use a side hustle to pay off debt. investinyou (In partnership with acorns.)

in Toronto, Canada, in 2006, she knew she wanted to start her own business. She had $70,000 in student debt and needed $700 to buy her first round of inventory, but she didn't let that stop her. In 2013, she launched a brand on Amazon called"I didn't even have $700 to my name, so I actually had to ask my best friend's husband for that money," Heaton said. "And because he believed in me, he was happy to help.

"So one tip that I would offer is don't be afraid to ask for help, especially when you have people in your life that you know believe in you," she added.Glide Thru Detangling Brushes . The product has more than 60,500 reviews on Amazon, and Heaton has collected total revenue of close to $15 million in that time. As the money started coming in from sales, she knew she wanted to use it to pay off her student loans.

"When I started the business, all I kept thinking was this is going to be the perfect side hustle," Heaton said. "And anything I make from here, I'm just going to throw towards my student debt and just the bills I had.""I focused more on growing the business and getting to a level where we constantly had inventory, we weren't doing stock outs," Heaton said. "And then once we got to that point and we were profitable, I started to pay debts off.

 

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You shouldn't have to have a side hustle to pay of a debt that should never existed in the first place.

My advice is to not blab about your money

You don’t need a side hustle to pay off student debt - you need Joe Biden

'How To Pay Off Crippling Debt: Just Start a Business Lol 4Head' you heard it here first folks, the absolute gigabrain geniuses over at CNBC have solved poverty

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