5 Side Hustles I Used During My Debt Free Journey | Summary and Q&A

11.3K views
β€’
October 7, 2020
by
Debt Free Millennials
YouTube video player
5 Side Hustles I Used During My Debt Free Journey

TL;DR

This content provides five side hustles that the speaker used during their debt-free journey to pay off $35,000 in student loan debt in two and a half years.

Install to Summarize YouTube Videos and Get Transcripts

Key Insights

  • πŸ˜₯ Online surveys can be a source of extra income if used during downtime and points earned can be redeemed for useful rewards.
  • βŒ› Freelancing in a skillset already utilized in a full-time job can be a lucrative side hustle.
  • πŸ’„ Selling items online on multiple platforms can increase the chances of making a sale.
  • 🏘️ Babysitting and house sitting are opportunities for easy and under-the-table income.
  • πŸ₯‘ Taking advantage of overtime opportunities at a full-time job can significantly boost earnings.
  • ❓ Side hustles can provide additional income to accelerate debt repayment.
  • ❓ Leveraging existing skills and interests increases the effectiveness of side hustles.

Transcript

during my debt free journey i worked full-time and i wanted to pay off that student loan debt as quickly as i could so i went after some side hustles i'm going to tell you five side hustles that i use during my debt-free journey that i found extremely effective and that hopefully will help you too hey what's up guys it's justine with debt free mill... Read More

Questions & Answers

Q: How did the speaker use online surveys to help pay off her debt?

The speaker took online surveys during her downtime and earned points that she could redeem for gift cards and magazine subscriptions. This allowed her to have treats and gifts without spending from her budget.

Q: What kind of freelancing did the speaker do?

The speaker freelanced as a writer for a local magazine, earning $150 per story. She utilized her existing writing skills and incorporated them into her side hustle, allowing her to make extra money to put towards her student loan payments.

Q: How did the speaker maximize her chances of selling items online?

The speaker created a description for her items once and posted it on multiple platforms, such as Facebook Marketplace, OfferUp, and Craigslist. This strategy increased the visibility of her listings and improved the chances of making a sale.

Q: How did babysitting and house sitting contribute to the speaker's side hustles?

Babysitting and house sitting provided the speaker with additional income opportunities. She would babysit her cousin's kids and house sit for neighbors, earning money under the table. This allowed her to make money in her free time and enjoy staying in nice houses.

Summary & Key Takeaways

  • The speaker used online surveys to earn points that she redeemed for gift cards, magazine subscriptions, and Christmas gifts, helping her avoid spending from her budget.

  • Freelancing as a writer for a local magazine allowed the speaker to earn an extra $150 per story, which she used to add to her student loan payments.

  • Selling unwanted items online on multiple platforms, such as Facebook Marketplace and OfferUp, helped the speaker generate extra income, maximizing the chances of making a sale.

  • The speaker also utilized babysitting and house sitting gigs for additional under-the-table income, and overtime at her full-time job further boosted her earnings.

Share This Summary πŸ“š

Summarize YouTube Videos and Get Video Transcripts with 1-Click

Download browser extensions on:

Explore More Summaries from Debt Free Millennials πŸ“š

Summarize YouTube Videos and Get Video Transcripts with 1-Click

Download browser extensions on: