Your opinion on side jobs - page 11.

Gozie51

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Quote from: Rruchi man on February 11, 2022, 08:39:53 AM

General opinion is that a side job is one that supports the main income of an individual, often times perceived as something that brings little money to add to what you make from your day job. If Mr X earns better from a side job when compared to the income from his career option, does the side job still qualify to be called a side job?

A side job IMO is not really meaning that it is a lesser paying job from one originally known with. The main job is usually the one everyone knows you are doing but the side job is known by few, maybe close colleagues. It is more of diversification to me but whether called side or not doesn't matter and these days it has been the one more sustaining because it gives you time and you still earn from it. The main job is the one taking most of your time and might pay you little .

So I think what is called as side job is not really a side job but another job in diversification. When we diversify, we say is side job but sometimes proceeds from it is not small, it can be higher or measure up to main job. There are many main job considered as side jobs for others and some side jobs known for others as main jobs.

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legendary

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Lightning network is good with small amount of BTC

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Now the survival cost for the individual and the family is very huge.

Are you sure it was huge than before? Do not let inflation deceives us

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Even a individual need of 1000$ per month for the luxurious life and 500$ for the normal life.

This will depend from country to country, in country like the United States and European countries, $1000 is not enogh for luxurious life, probably it can be enogh in some African and Asian countries.

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When the market up to the pump or bull market, inverse part of your income and earn some amount from the trading. Trading of crypto currency was a good one for the long term profits.

Investing? It is not trading, this can be confusing, trading is highly risky and can cripple some people financially and health wise. But you are specifying on investing which is correct.

NeuroticFish

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Quote from: Rruchi man on February 11, 2022, 08:39:53 AM

General opinion is that a side job is one that supports the main income of an individual, often times perceived as something that brings little money to add to what you make from your day job. If Mr X earns better from a side job when compared to the income from his career option, does the side job still qualify to be called a side job?

It's a good question, but one part you didn't mention is the certainty of the job.
There are cases the main job is kept especially because it's safe and cozy, while the side job is much riskier and may "end" before Mr X would get to retirement age.
In such a case, although maybe the "side job" pays better, shouldn't it just remain side job?
...And this may not be the only "exception"...

So there's not really black and white there, it depends from case to case and from person to person.

_act_

legendary

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Lightning network is good with small amount of BTC

Side job become main job is possible but some people will prefer two income, to be earning more from side job, then side job will become the main job. I can not blame people that will later see the former main job as nothing and leave because it is not bringing much profit and side job will become main job.

What is the meaning of career job when there is no much profit, anything that man does that makes him the king is his career job, only children will not think like that. I remember when I was young, I want a career for myself, I got something related to it but no job, I see another job not related to my career, that was the end of my former career ambition.

mindrust

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Quote from: Rruchi man on February 11, 2022, 08:39:53 AM

General opinion is that a side job is one that supports the main income of an individual, often times perceived as something that brings little money to add to what you make from your day job. If Mr X earns better from a side job when compared to the income from his career option, does the side job still qualify to be called a side job?

This is very common actually. Lots of people left their full-time jobs and turned their hobbies into full-time jobs. Most youtubers are doing it. Some people streaming the games they play and collect donations from the viewers. Some collect ad money from the big corps. Some do crypto trading. When you are sure that you can generate a stable income from your side job you can focus on that and grow it even bigger.

Rruchi man

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General opinion is that a side job is one that supports the main income of an individual, often times perceived as something that brings little money to add to what you make from your day job. If Mr X earns better from a side job when compared to the income from his career option, does the side job still qualify to be called a side job?

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