Side Hustles and Their Impact on Student Loans
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Side hustles. Why are they getting more popular by the day? Is it worth the extra time, effort, and even money outside your primary job or business to get a side hustle? What\\u2019s the best way to start one as the economy opens back up? And how can the right side hustle serve as a great vehicle toward paying down your student loan? Listen in as consultants Molly Laughter, MBA CFA, CFP\\xae, and Dan Rooker, CFP\\xae, CSLP\\xae, answer these questions and more.
In today\\u2019s episode, you\'ll find out:
- What exactly is a \\u201cside hustle\\u201d and the \\u201cgig economy\\u201d?
- The side hustles Molly and Dan have tried and are still doing
- Different business structures (ex. sole proprietorship, LLC, etc.) and determining the most appropriate one for your side gig
- The pros and cons of doing real estate as a side hustle
- How your student loan will be impacted if you do decide to get a side hustle
- How to know if starting a side hustle is right for you
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