Posted on 05 Jul 2020
Im a 13 year old, trying to find a side hustle i can take up that pays better than fast food minimum wage job and more fun, so i can save and invest more for early retirement. anyone got side hustles can lobang?
Great to be thinking ahead so early on! You can utilise on your current skills/interests. So for example, if you have passion/good at programming, you can offer to do ad-hoc projects with companies. If you are good at art/craft work, you can create something and sell it online. What you can do is just limited by your imagination.
That being said, I think academics is still the top priority at your age. The return from spending more time on your studies is much higher in terms of scholarships/awards, more choices later on and higher paying job. Unless you intend to start a business, your day job most likely will contribute most to your wealth and the best way to increase this is by securing better grades. It is not to say bad grades means not so good future, but the path will be harder and may be longer as compared.
All the best!
Hey Lucas. At this age, I would emphasis more on learning, exploring your passion and most importantly your academics.
While it is good to start young and learn the ropes of investing and earning side income, do not prioritise it completely as you are unlikely to generate substantial income that you can’t save/earn in a year when you are a young adult. The last thing you want is wasting your childhood years where you skip canteen meals, skip going out with your friends, etc all in an effort to save the mere pocket money.
Hence, to reinforce the aforementioned, I saw from your biography that you are interested in the Finance industry, perhaps you could look into the different career paths in that industry, that way you can streamline your learning/experiences to that.
All the best Lucas.
You can either focus on short term side hustles like doing online surveys, doing freelance, which is...
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