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Some statistics say that almost half of Americans have a side hustle. Some are using it to make their budget work, others are funding their retirement, but there are so many myths around side hustles... Let's discuss some of the misconceptions that side hustles are only for those who are struggling financially as well as give you an inside look at how much time it takes to do side hustles like Lyft and Doordash, but also how much money you can earn.

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What Is Financial Wellness?

Financial wellness is a state of financial well-being in which you can manage your bills and expenses, pay your debts, weather unexpected financial emergencies and plan for long-term financial goals such as building college funds and saving for retirement.

The U.S. Consumer Financial Protection Bureau defines financial wellness — also known as financial well-being — as “the feeling of having financial security and financial freedom of choice, in the present and when considering the future.”

Financial independence is the status of having enough income or wealth sufficient to pay one's living expenses for the rest of one's life.

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