What ARE the BEST Holiday side hustles? I just read that Amazon will hire an EXTRA 250,000 full and part time workers to handle the holiday shopping season. Let’s face it. No matter where we go, we see those Amazon trucks. Not to mention, we ALL order from them each week. So, I got to ask, why NOT work for them? I would guess with EVERYTHING they do, there MUST be a job that fits everyone’s lifestyle.
Inflation Is Making Everything Cost More
While experts say inflation is cooling, we are far from feeling it. Gas is still way over $3 dollars. A trip to the supermarket for just a few things can hit $85 bucks. Those are jus things we NEED. Forget entertainment. A night out to dinner at your local watering hole with drinks can cost you $100. How far is your paycheck stretching these days?
Overwhelming Credit Card Debt
According to a survey from Fox Business, many are maxing out credit cards to pay for everyday items:
High inflation and interest rates pushed 35% of Americans to drain cash or consider draining cash from emergency savings and 26% have skipped or are considering becoming delinquent on their credit cards, loans or other debt, according to a survey from fintech company Achieve.
A very good friend who asked to remain anonymous sells mortgages for a living. He says because of the high interest rates, people who would normally refi their house to pay off credit cards, now are considering bankruptcy. Filing Chapter 11 is an option if your desperate. But it stays on your credit report for seven years, and you have to give up many assets including a car. Chapter 11 should the be the LAST resort, before you exercise ALL options. For example, could you take a side job? What about a side hustle? Finance Buzz share’s a few on their list of BEST Holiday Side Hustles. I added a couple of my own too!