My family was watching news on CNA and the topic of AI was in focus specifically on how it will help companies cut costs significantly. I blurt out that will be quite scary if AI can take over all our jobs which in actual fact I think it might in coming years.
My mum continued sharing that her friend’s son also has 2 jobs at the moment even though he has been in the workforce for quite some time, he has his 9-5 job and also gives tuition on the side. Her friend mentioned that nowadays it’s no longer good to have just 1 job, it’s not stable and your job might be gone anytime especially with advancement in technology and how companies are.
My mum agrees with her to a certain extent and told us about it and that we maybe should give some thought about taking up some side hustle or part-time job that pays a good amount. I told her that I know what she’s worried about but I do want to enjoy my time off work and also the weekends.
I did give tuition when I just started my first full-time job about 4 years ago as the amount I was earning was low and some supplement would be great. Although I wouldn’t say I am earning lots now but I am comfortable especially since my expenses did not increase much. It was tiring not in teaching the kids but I felt tired managing the parents and their expectations, it was nice to interact with the kids and help them with their studies but the parents were tough to handle and they really focused a lot on results which I understand since they paid for my service so I eventually didn't continue as I did not enjoy it.
Should we take up another job and set up a side hustle just to earn some extra income and sacrifice some leisure time?
I am sure there are many different part-time or side hustles that can complement a 9 -5 job. Some people start their side hustle while holding a main job and some even can build their side hustle to eventually take over their main 9-5 job. Sounds like a dream come true? haha, there are so many options nowadays, Tiktok and the various social media means you can even build up a following without leaving your home.
My mum suggested to me to start something or do something that can give a side income. I can understand why she thinks that way especially when my company recently had a layoff exercise and quite a number of people were laid off. Updating her on my role changes and although I wasn’t laid off, in some sense, you never know when you will be the next one.
I don’t have any interest or hobbies nor am I great in anything to be honest, baking is not really my thing, creating accessories? Nah, also not what I like. I think it is easy to start something but to monetise it or to have it earn an income is not easy. Also, if you enjoy it as a hobby, I think sometimes it’s good to keep it as a hobby and not try hard to monetise or make it a business.
Continue exploring and trying new things
I think it is all right to explore and try new things, having to think of ideas to monetise or create a business in everything can be tough. But if you need extra income and have the means to do it, I think it is amazing and great. I recently clicked on a house hacking video and it’s amazing how people at different areas can earn a side income from various other sources which might not be feasible in Singapore because our environment and land size differs. But we can apply that theory to many things.
I understand the importance of having a flow of income and even better if you can increase it but it might not be as straightforward, so it definitely differs among individuals and I believe you can work towards increasing your income via just increasing your skills and getting a higher income in your main job. No one size fits all and trying out new things and format is interesting.
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No wonder Taiwan is gonna be taken over by the Mainland with force or atlas enjoy getting nuked. Coz their men are busy running away from the military to do house hacking lmao.
ReplyDeleteThey don't have to nuke you directly, you know? They can nuke the waters and cause a tsunami and let the tsunami destroy you, in the name of destroying your coastal defences, and the millions of lives lost was a tragic side effect that was "unintended".
DeleteThey've killed millions and millions of their own people. You think they'd care a shit about you? :)
DeleteYou don't need more sources of income if your main source income comes from a job that is prestigious. And to hunt prestige, you shall sacrifice the leisure time of the nights and weekends to set yourself up for success by reading books, acquiring certifications, obtaining advanced degrees, etc. There activities are arguably more challenging and mentally straining than teaching primary school kids how to basic math.
ReplyDeleteGreat Blog
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