Читать книгу Clever Girl Finance: The Side Hustle Guide - Bola Sokunbi - Страница 21

People often make the mistake of assuming that having a profitable side hustle business equals financial success and is the solution to all money problems. Now, don’t get me wrong, a side hustle can bring incredible financial gain if executed the right way. However, simply having a successful side hustle is not the end-all, be-all or magical solution to your wealth-building strategy.

Wealth building happens when you are being intentional and working with a plan that accounts for all elements of your financial wellness. This means not just earning more money but also budgeting, creating a plan to pay off debt, saving for emergencies and short-term goals, and investing for the long term.

You should be actively considering your financial plan alongside your business. Otherwise, the profits you earn can easily slip away, unaccounted for. The last thing you want is to put in all this effort to build your business, and start earning profits, only to realize you have no clue what’s happening to all the money you are making.