“My advice is to build off a hobby; that way, you enjoy building the skills you need to charge a premium rate for your work, and you can write off many of the expenses you would ordinarily incur for that hobby. That’s exactly what you want in a side hustle: a lot of money for very little time spent working and expense reduction (in the form of a tax shelter).
My wife enjoys doing tarot card readings, so she does them for bachelorette parties and baby showers. She just raised her rate to $500 per event and does one or two a month, plus a couple of private readings every week for about $100 an hour.
But since she does it as a business, many of the card sets and magic crystals she would probably buy anyway are now business expenses and get us a few thousand dollars in deductions every year.” —u/Brainwormed
