Can I Really Juggle a Second Income Opportunity?
Remember, you will be making extra money, but in exchange, you will have to juggle your current responsibilities and spend more time working in order to get more income. If you decide to choose something that interests you, you will find it easier to spend the time on your new ‘job’, but that second income opportunity WILL take you away from other things you may like to do.
Before you rush out and buy supplies to start the new task, or take out an
advertisement, be sure you have considered all the tradeoffs. Do you KNOW whether you really WANT or need to do this?
Here are the things you must consider:
Ø Available Time
Ø Interest in Second Income vs. Other Interests
Ø Net Income (after you pay for things like transportation, supplies, etc.)
Ø Other Responsibilities and Obligations
Ø Tax Implications
Ø Resources (can you do this alone, or will you require help?)