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594: The $100/day for 100 Days Challenge

594: The $100/day for 100 Days Challenge

Released Thursday, 25th January 2024
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594: The $100/day for 100 Days Challenge

594: The $100/day for 100 Days Challenge

594: The $100/day for 100 Days Challenge

594: The $100/day for 100 Days Challenge

Thursday, 25th January 2024
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Episode Transcript

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0:00

The $100 a day challenge. How one side

0:02

hustler stacked up an extra $10,972 in just

0:04

100. What's up?

0:09

What's up, Nick Loper here. Welcome to the side

0:12

hustle show, a member of the entrepreneur podcast network,

0:14

because making extra money never goes out of style.

0:16

Today, you're going to learn how to make an

0:18

extra $100 a day and do

0:21

it consistently and do it almost entirely

0:23

online. My guest just completed a public

0:25

$100 a day, 100 day challenge, earning

0:27

that grand total

0:31

of $10,972 in that span. All

0:34

the side hustles that

0:36

just about anybody can do. And she's

0:39

got an all new challenge for this

0:41

year that you can follow along with

0:43

on TikTok at Jacqueline Mitchell. Jackie, welcome

0:45

to the side hustle show. Thank

0:47

you for having me. I'm so excited to be

0:49

here. Well, me as well. Stick around

0:51

in this one. We're breaking down all

0:53

the side hustles that she tried during

0:55

that challenge and sharing her personal favorites,

0:57

plus the unexpected income streams that she

0:59

unlocked along the way. Now I want

1:02

to start with the motivation or the

1:04

inspiration to start why a hundred dollars,

1:06

why a hundred days and why document

1:08

it like posted online. So I'm

1:10

big about breaking down like really large

1:12

goals into really small bites. So that's

1:14

what happened to me. I

1:16

wanted to save about an extra $10,000 to

1:19

finish off our savings for a down payment

1:21

on our very first home. So

1:23

for me, I was like $10,000. That seems like

1:25

an impossible challenge. Let me break that down by

1:27

month and then by week and then by day

1:29

and more or less that came out to about

1:31

a hundred dollars for a hundred days. So

1:34

I thought, you know, that's a nice round number.

1:36

I'll just call it that. And that'll be my

1:38

easy to remember, easy to hit goal. And that's

1:40

how I came up with it. And I understand

1:42

you're moving. So was that the down payment? That

1:45

was part of it. Yeah. We actually closed two

1:47

days ago as of recording and I'm moving this

1:49

weekend. So you've caught me in one of the

1:51

very last days I'll be in this apartment here.

1:53

Well, very cool. Congrats on that. That's super cool.

1:55

And even for a lot of people starting out

1:58

like hitting that a hundred dollar a day. threshold,

2:01

sometimes it would take months or years. You're

2:03

like, well, I'm gonna do it every day. I'm gonna do

2:05

it from day one. And I don't know if you hit

2:07

it on day one. But did you have an idea of

2:09

what you were gonna do to hit

2:11

that threshold every day? Yeah, I definitely did.

2:14

So I have been using side hustles in some

2:16

way, shape or form since early college is kind

2:18

of what got me through college, what got me

2:20

a little bit of extra spending money I used

2:22

to save up on like swag bucks to try

2:24

to save for a nice dinner for my husband

2:27

and I, when we were dating, I would like

2:29

take them out like once a semester, I was

2:31

like, I have like $200. This is great. So

2:33

at the time, like I was doing those on

2:35

and off just to kind of gain a little

2:37

bit of extra money, but I was never like

2:39

making myself work any specific

2:41

amount at any of those side hustles. So

2:44

I had some of these streams of income

2:46

already kind of at my fingertips, but

2:48

it was just about utilizing them more

2:50

and committing to utilizing them consistently. Yeah,

2:53

nothing like setting a goal and a really

2:55

tight deadline to hit that like, yeah, I'm

2:57

gonna yeah, sitting around and waiting

2:59

for the perfect idea. Like I got

3:02

to take action on this now. Yeah,

3:04

what was the reaction on tik

3:06

tok when you started the challenge? And was it

3:08

just for the sake of public accountability?

3:10

I want to put it out there. And now

3:12

I I got to do the next 99 days

3:14

because I said, yeah,

3:17

that was definitely a big part of it. I'm

3:19

super competitive with myself. But beyond that, I can

3:21

choose whether I want to complete a challenge or

3:23

not. But if I stop being competitive with myself,

3:25

or I get lenient with myself, there's no one

3:27

else to force me to do anything. You know,

3:29

it's not like my husband was like, you have

3:31

to make $100 a day supportive

3:34

either way. So I wanted to

3:36

post this to a community kind of like what people do with

3:38

if you've seen the 75 hard challenge where

3:40

people do it's kind of like a mental and

3:42

physical kind of like workout challenge for 75 days.

3:44

And I see people

3:46

completing that at a much higher success rate when they

3:49

post it. So to me, I was like, that seems

3:51

like something that would keep me on track. At the

3:53

time, I had maybe 40 followers. So I thought, you

3:55

know, I'll post it, maybe my friends will see it

3:57

and they'll keep me kind of accountable.

4:00

And then I think I got like 50,000 likes

4:02

on my first post. And I was like,

4:04

I really have to do this actually. And

4:07

then I had to do it and I did it.

4:09

Yeah, there's no way. If you post it and people

4:11

start following you, you better own up to it and you better

4:14

do it. So that's what happened to me, which is good. Now

4:16

you're committed. I am. And how you think

4:18

that first video that you think made it go pretty

4:20

viral like that? I think the concept might've

4:22

just hit at the right time. I think part

4:25

of it has to do with definitely cost

4:27

of living being increased. A lot of talks

4:29

about salary transparency and side hustles just gaining

4:31

traction, at least in the circles that I

4:34

was in on TikTok. So I

4:36

think part of that was just the season of life

4:38

people were gearing up for the holidays. I think I

4:40

started this late September, early October. So that was the

4:42

right time maybe to post and I didn't even know

4:44

it in terms of people trying to save for that

4:47

last quarter, that last third of the year. And

4:49

then I was posting because the point initially

4:51

of me posting was just to post that

4:54

I wanted to keep myself accountable to earning.

4:56

And I think what was intriguing accidentally

4:59

was that I on the first day didn't list any of the

5:01

sites I was using. I was just like, oh, and I did

5:04

like some work on annotation. And then I

5:06

did another site, a survey site. And

5:08

then people were like, well, what's that? And I was like,

5:10

oh, okay, well, I can share about that. No problem. I

5:12

know all about that. I've been doing that since college. So

5:15

I think that kind of led to at least some initial

5:17

intrigue. Okay, I wanna circle back

5:19

to the social media

5:21

content creation game. Cause I know that

5:23

has turned into its own side hustle

5:25

in a way, but let's break down some

5:27

of these that you were going through. You mentioned

5:29

swag bucks. You mentioned some annotation. Let's

5:32

spend some time on the top 10 that

5:34

you tested out during this period. That's great.

5:36

I can give you a list of my top

5:38

three that I think I would recommend to everybody.

5:40

I'll give you some ones in the middle and

5:43

then I'll give you a few that I only tolerated and maybe

5:45

a couple that I did not like at all. So

5:47

we'll kind of go from there. So the ones

5:50

that I really liked, prolific, is gonna always be

5:52

at the top of my list. This

5:54

is a survey site that researchers use. A

5:56

lot of times they're post-grad students

5:58

or medical researchers. or psychological

6:01

researchers and they're paying pretty well

6:03

per hour for short little surveys.

6:05

So maybe it's a 10 minute

6:07

survey, but it pays like $7.

6:09

Well, that's really good if you break down.

6:11

In terms of an hour. Yeah, exactly. Right.

6:13

So prolific gives you mostly

6:15

I would say 30 minute and under

6:18

surveys, it's just prolific.com. Anyone can sign

6:20

up. I do believe that they are

6:22

often on a waitlist because of demographics,

6:25

just because researchers are looking for an

6:28

even pool of a lot of different demographics. So if

6:30

you apply and get on a waitlist, that doesn't mean

6:32

that your waitlist time will be the same as me.

6:35

When I applied, I had heard about it about two

6:37

or three years ago on Reddit on

6:39

a kind of like a side hustle subreddit that

6:41

I was on and I applied and was on

6:43

for maybe eight months on the waitlist before I

6:45

got accepted. But I'd say consistently, when

6:47

surveys are available, I can make anywhere from like

6:49

10 to $30 a day doing that. My

6:53

experience, I didn't remember being waitlisted on prolific

6:55

because it's similar like a listener or reader

6:57

reached out and was like, Hey,

7:00

have you heard about this? Because you mentioned these

7:02

other survey sites or focus group type of sites

7:04

like have you heard this one? Well, let me

7:06

go check it out. And like all

7:08

of the rates were in pounds. Yeah, they're

7:10

based in the UK. Yeah. Okay. So I

7:12

didn't know if that was just me or

7:14

if I like had triggered some IP address.

7:17

Okay, what's cool is

7:19

they tell you like this is how much you're gonna make

7:21

and this is how long we expect it to take. You're

7:23

like, Oh, it's only gonna be five minutes and it's gonna

7:25

pay even if it's just even if it's a dollar for

7:27

five minutes, you're like, that's not bad. Yeah. What else

7:29

would I do for five minutes? You can do it from

7:32

the comfort of my home. So it's

7:34

definitely an interesting one prolific.com will link that

7:36

one up used to be prolific.co. I guess

7:38

they yeah, that's true. But I think they

7:40

got the calm. You're right about that. Absolutely.

7:42

Yeah, they're really good. I like them in

7:44

terms of survey sites. I think they're the

7:46

best you mentioned focus groups. I do focus

7:48

groups and I love them. But I'm sure

7:50

you know, and you've talked about they're not

7:52

consistent. At least for me, I only really

7:55

qualify for a focus group every maybe two

7:57

or three months. When you do them, there's so much fun. I

7:59

mean, it's just consumer opinions. Kind of like

8:01

prolific. Like there's really no right or wrong

8:03

answer. You're not like submitting work to be

8:05

graded unless you fail an attention check. Really,

8:08

it's just like, what do you think about

8:10

this product? Do you like breakfast sandwiches? Do

8:12

you hate them? As someone who's an extrovert,

8:15

who gives their opinion to everyone for free all

8:17

the time, what would be wrong with

8:19

getting paid $150 to test out a product and

8:21

talk to somebody in a group about it for

8:24

an hour. So I love focus groups. I don't

8:26

do them all the time, just because again, like,

8:28

it's hard to come by because they want to not have

8:30

you do one each week, at least the site that I'm

8:33

on. I think it's called Sago S

8:35

A G O or they

8:37

used to be Schleisinger. S O G

8:39

O. Yeah, Sago something. Sago Sago. Yeah. So

8:42

I really only qualify for maybe one every

8:44

other month. But when I do them, they

8:46

are so much fun. And again, anyone can do

8:48

it. It's just about demographics and what you

8:50

use. So no barrier to entry. Besides, I

8:53

think you just have to provide like a government

8:55

ID and an address. Yeah, so

8:57

I think Sago is like the

8:59

researcher facing side of the business

9:01

focus group.com is the panelist facing

9:03

side of things. Any other sites

9:05

that you like on that user

9:07

studies or focus group type of

9:09

work? Those are the only

9:11

two that I consistently use in

9:13

terms of consumer studies. I know

9:16

swagbucks has them. I don't use

9:18

swagbucks for surveys. I don't think

9:20

they pay a comparable rate to

9:22

something like prolific. So swagbucks is

9:24

a site that has a lot of different earnings

9:26

methods kind of like cashback discover offers playing games

9:28

to hit a certain level. They do have a

9:30

survey tab. And what I always tell my followers

9:32

is I think there are sites that pay better

9:34

and prolific is the top of my list for

9:36

that. I just don't think that they're

9:39

paying enough for it to be reasonable or worth

9:41

your time. You're doing a 40 minute survey for

9:43

$2. You don't want to get paid $3 an

9:45

hour. So you have to kind of look

9:47

at it like that. When for similar effort,

9:49

similar work on prolific, it could be four

9:52

or five times that so that makes sense.

9:54

What was funny to my top three for

9:56

focus groups and kind of these paid research

9:58

studies would be using interviews.com.

10:01

Really cool site and like this

10:03

one and respondent.com or respondent.all off.

10:06

I forget what it is. Definitely like

10:08

a business to business focus. We're trying

10:10

to find product managers and software users

10:13

are like more industry specific studies.

10:15

But if you qualify, 50,

10:18

100, 150 bucks an hour. I got the recent one

10:20

was like 250 an hour. It was from

10:22

field work. I don't think it was from

10:25

either of those. But it was talking about

10:27

business banking or something like small

10:30

business banking is like, shoot, I love geeking out

10:32

other stuff. Anyways, I did one that

10:34

was on credit card rewards. It

10:36

was like me and a bunch of travel hackers like

10:38

on, yeah, I'm like, it's kind of cool. It's kind

10:40

of cool. It's the funny thing about focus group.com. Because

10:47

I did a focus group.com like

10:49

review video on YouTube. And I want

10:52

to say like Google took down the

10:54

link. We don't let you link to

10:56

scam skates or something. It was like,

10:59

Google, like, did you watch the video? Like my whole thing

11:01

was like, I just made $250. I proved it's not a

11:03

scam. Like

11:05

I'm sticking my reputation on the line. Like it's

11:07

legit. And I was like, I

11:09

was frustrating. I

11:12

can vouch for them too. I've been paid for

11:14

them several times now. So not as far

11:16

as I know. Absolutely not. So what you should

11:18

know if you do sign up, there are three

11:20

tabs. Like there's like the super low paying or

11:22

mostly low paying like online surveys, there's actually a

11:25

couple of those tabs, which you want to pay

11:27

attention to is like, I think it's the middle

11:29

tab, which is like those qualifications for the Yeah,

11:31

longer studies. Yeah, higher paying, more in depth type

11:33

of studies. Okay, so that's helpful.

11:35

So that's a couple different options more with

11:37

Jackie in just a moment, including how she

11:39

gets paid to play games in the side

11:41

hustle that earned her the most during this

11:43

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a website or domain. And big thanks to

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Squarespace for sponsoring the show. One

14:13

thing that you talked about, Swagbuck's not so good for

14:16

their survey options, but better for

14:18

their game testing options. How does this one work?

14:20

Excellent for their game testing options. I

14:22

would love to, if you know, I've

14:25

got an idea, but maybe you are more

14:27

business and analytically minded and you would be

14:29

able to break the sound better. My

14:32

guess is when they offer someone, if

14:35

you hit X tier of a game, a mobile game

14:37

offer, if you're a first time user, we'll pay you

14:39

$5. Then if you hit the next tier,

14:41

then we'll pay you $20. Then

14:43

we'll pay you $50 in the last tier is like $160. So

14:46

you've got like a good $200 reward by the end of it. And

14:51

is it possible to hit those without doing like the

14:53

in-app purchases in the game? Yeah, I stick

14:55

to not doing in-app purchases in the game. And

14:57

one of the ways I do that is by

14:59

utilizing Reddit. Again, I am a big spokesperson for

15:02

Reddit because I think it's such a helpful forum,

15:04

just for vetting sites. And also just to, a

15:06

lot of people help each other reach their goals

15:09

in terms of like side hustling. So there's a

15:11

Swagbuck subreddit just called r slash swagbucks. And most

15:13

of the major game offers that are on there,

15:15

someone has done an in-depth review of how to

15:18

utilize your time most effectively. So if you've got

15:20

30 days to hit that goal, and you want

15:22

to hit the highest goal, here's what you should

15:24

do right off the bat. Here's what you shouldn't

15:27

do. And there's like hundreds of comments, people blow

15:29

it. Like, yes, I did this and this. And

15:32

yes, I wouldn't do this again. Or you have to

15:34

join this alliance, whatever. I mean, it's silly, but it

15:36

works. So I've been able to hit several of the

15:38

top tiers for games. There's been a few that I've

15:41

given up on and not completed, but the

15:43

fact that they cheer their rewards

15:45

makes it so that you never

15:47

really like lose completely. Right? So

15:49

it's kind of a side hustle that you can do in

15:51

a way that you wouldn't do for like a survey site

15:54

or any type of work that takes

15:56

a lot of concentration. This is something I can do

15:58

while I watch TV or while I'm in. in

16:00

the car. So it kind of

16:02

falls into like a unique category

16:04

of accessibility. In terms of time

16:06

commitment. I think read it's a really

16:08

great tool to hit those goals. I've used a lot

16:10

of those little guides on Reddit. Okay,

16:12

so my understanding or maybe

16:15

my assumption of how this works is like the

16:17

game companies are paying swag bucks

16:19

to deliver them like a really loyal

16:21

user to their app or you know,

16:23

and maybe they're paying out certain thresholds

16:25

like if they hit level 1000 within

16:28

this time period, like they're more likely to make

16:31

in app purchases. Yeah, or they're more likely

16:33

to stay longer. Yeah. Yeah.

16:35

And so and then swag books is like sharing a

16:37

portion of that revenue with you. Yeah. Interesting.

16:39

It has to be because not all of the games have

16:42

ads. So at first I was like, well, it has to

16:44

be there just earning so much in ad revenue because

16:46

I'm playing so much I'm watching I'm getting ads like

16:48

every 30 seconds, but only some of the games

16:50

have ads. The one I'm doing right now is Monopoly Go.

16:52

I think my offer was for $218 total, and not an

16:54

ad to be seen. So I know there's a reason why they're

17:00

offering this money. But to me, I'm like, I can't

17:02

understand it, but I will play and I will earn.

17:05

Yeah, they got to be making money on it somehow. I

17:07

know, absolutely. So my, I guess

17:09

my take on it would be if you

17:11

enjoy playing mobile games, you might

17:13

as well get paid for it. But the hourly

17:15

input required to hit the top threshold, like, is

17:17

that a good trade off? Or is just like,

17:19

I'd be doing this anyways. So I'm going to

17:21

make some money on it. I think part

17:23

of it comes down to kind of like I

17:26

said, it's something that I can do where it's

17:28

a situation where I

17:30

wouldn't be able to do some other side hustles

17:32

things like watching TV things like you ever been

17:34

like waiting in a long line or you're like

17:36

waiting for your food to come at? Yeah,

17:39

yeah, yeah. A restaurant. That's when I

17:41

can put in hours to stuff like that in a

17:43

way that I can't on any other site. If

17:45

I'm on an airplane, and there's no Wi Fi,

17:47

well, I can still play this game. If I'm on

17:49

a commute, someone's driving and I'm in a long

17:51

car ride, I just did this, I played Monopoly Go

17:53

for six hours straight. Why? Because there's nothing else

17:55

to do. And some of these games are kind of

17:58

automated. So like this has an auto role

18:00

feature. I just turn that on. I can watch

18:02

TV or even work on another side hustle and have

18:04

that rolling in the background. I'm really not trying to

18:06

find it too much. I'm like back at

18:08

them, I know. Yeah. And that's

18:10

something that you can do from your phone versus like, I

18:12

don't know, like prolific, it seems like at least when I

18:14

was doing it, like had to be desktop and some of

18:16

the other stuff has to be desktop. Yeah.

18:20

Okay. I promised a third paid research site

18:22

and I never got to it. And the

18:24

third one was called Rare Patient Voice, which

18:26

is primarily for medical research. But it says

18:28

in the sub header of the site, also

18:30

non rare. So like if you suffer from

18:32

any sort of medical condition rare or non

18:34

rare, or if you're a caregiver to somebody

18:37

who is the site pays 120 bucks an

18:39

hour and has a bunch of different studies

18:41

coming up as one that comes up on

18:43

our list from time to time. Talk to

18:45

me about the data annotation

18:47

stuff. This is one that really blew

18:50

up in terms of popularity during the challenge

18:52

because people didn't know what it was and

18:54

I'll raise my hand and call myself in

18:56

that bucket as well. Data annotation is one

18:59

that I would rate a three out of

19:01

five just as my disclaimer in terms of

19:03

accessibility and kind of like, is

19:06

the work enjoyable to do? I would say

19:08

most likely no, but but

19:10

it pays well and it's an interesting site.

19:12

So data annotation and I'll group another

19:14

site Remo tasks are both

19:16

in the business of training large

19:18

language models. So AI think of

19:20

things like Google bard think of

19:22

things like open AI chat GPT.

19:25

So a lot of it is kind of veiled

19:27

to the workers in

19:29

terms of like which ones you're training.

19:32

And some of that is just because

19:34

you're signing different disclosures, you're essentially freelancing

19:36

for one of these major companies. But

19:38

the majority of your work is going

19:40

to be editing and classifying and fact

19:42

checking large language model responses. So

19:44

maybe you're given two responses from

19:47

two different versions of the language

19:49

model, you're fact checking it for

19:51

accuracy that it's not making up information

19:53

you're looking at if it

19:55

was two verbose, did it run on and just

19:57

give you way too much information that it didn't

20:00

really need to give you, was the grammar okay,

20:02

stuff like that. So there's a lot of

20:04

different subsets within both remote tasks and data

20:06

annotation, you can get put on a lot

20:08

of different tasks, there's more specific ones for

20:10

people who code, which I know pay a

20:12

ton, which is amazing if you code, I

20:15

don't every time I see a qualification pop

20:17

up for that, I wish I did. But

20:19

typically, these will pay anywhere from 15 to

20:21

$25 an hour, in my

20:23

experience. Okay, it's not bad. It's not

20:25

I don't think so. No. What's the

20:27

primary site that you're doing this through data

20:30

annotation is the name of the site? Yeah. Data

20:32

annotation dot tech. Yeah. Okay,

20:35

the one that I signed up for was remote

20:37

tasks to try and check it out. And I

20:39

was almost deterred. It was like, I got to

20:42

do it for the blog post. I got to

20:44

stick through this. But like the onboarding process took

20:47

probably a couple hours worth of training

20:49

things like you had to do an editing

20:52

task. Like that's easy enough. Like, okay, I would cross

20:54

out this sentence, or this is the way I would

20:56

phrase that instead to be more concise or whatever. Then

20:58

you had to come up with a prompt response

21:01

on your own. And there was one that was

21:03

factual, like, you know, make an argument for XYZ.

21:06

I forget what he's like, Whoa, why should we cut

21:08

NASA's budget or something? Like, okay,

21:10

well, people are starving. So the money would be

21:12

better allocated, like you can make that argument. But

21:15

the other one was like a fiction response or

21:17

like a creative response. Yeah. And that one was

21:19

like, dang, I know, I was really

21:21

proud of what I came up

21:23

with. In the end, like 500 words, it was

21:26

like pretty decent sized, what I considered like the

21:28

opening of a book. Like

21:31

almost through the towel. It's like this is pretty time consuming.

21:33

Yeah, I feel that way data annotation

21:35

is super similar. And to my understanding,

21:37

they really do screen out a lot

21:39

of people through that test, which is

21:42

not to say that you pass because

21:44

you have XYZ. It is

21:46

heavily geared towards people who enjoy long form

21:48

writing, who enjoy fact checking and editing who

21:51

have very strong grammar skills. I think data

21:53

annotation says something like grammar

21:55

and writing skills and like critical reasoning are

21:57

the things that they look for. degrees,

22:00

anything like that, but it is grueling work. So I

22:02

don't know how far you got into Revo test after

22:04

that. But people who come to my page and say

22:07

like, I took the data annotation test, that was awful.

22:09

I can't wait to get in. I'm like, well, that's

22:11

all that it is. So that's exactly what you're

22:13

if you take the test and you don't like it.

22:15

That's all the prompts and all the work to be

22:17

done. That was just a free sample. Yeah, that's a

22:19

free sample of what's coming down the pipeline. So I

22:22

think people think like they're screening me and

22:24

this is an excruciating test. It's going to

22:26

be really cool. And in a way, it's

22:28

cool to be able to write interesting topics

22:30

or find ways to apply AI that can

22:32

help people. But overall, it is really grueling

22:34

work. And I don't want people to be

22:36

disillusioned by that. I think there was

22:38

something that you know, what will pay you to do

22:40

this training will pay to do this onboarding like after

22:42

you unlock 10 or 12 different

22:45

paid tasks inside the systems like well, maybe

22:47

should I stick it out long enough to

22:49

keep doing the thing? Because I did an

22:51

hour and they use some tracking like to

22:54

track your time. So I think I'm at

22:56

like 15 bucks an hour. Yeah,

22:58

my work there so far. So like, okay,

23:01

it's legit. They are going to pay out based on

23:03

that or maybe there's some minimum threshold I got to

23:05

hit. But I was like, for a while, nothing showed

23:07

up in my dashboard. You're like, am

23:09

I getting paid? Is this still unpaid training? But like, okay,

23:11

like, so I did see some money. Yeah, added to it.

23:14

There was another one that aside

23:16

hustle show guest pointed me to

23:18

was called task verse, which

23:21

I'm still on the waiting list for.

23:23

And this one was for speaking, it

23:25

was basically like reading reading

23:27

sentences to help AI get better at

23:29

voice recognition was maybe my understanding of

23:32

it. I'll have to test that

23:34

one out and see if let me know.

23:36

And if you see that, too, I would

23:38

love to test that one. That sounds right

23:40

up my alley. I love speaking. So all

23:42

right, we have data annotation tech, we have

23:44

remote tasks and task verse. So

23:46

they may be inundated with inbound worker applications

23:49

at this point, anything else

23:51

on the short list of side hustles

23:53

that you do again or that you plan to continue

23:55

to do? Often on I

23:57

will continue to do reselling of

23:59

clothes. just because that's an easy thing to

24:01

do once a season, at least for a girl like

24:03

me. I've always got some clothes that I could get rid

24:06

of. But what I found, partially because

24:08

in college I was selling on Depop when that

24:10

like 2018, 2019

24:12

Depop was rising and there was a whole

24:15

kind of like stream of girls and sellers

24:17

who were buying things from Goodwill, selling them

24:19

for a higher price, stuff like that. I

24:21

couldn't get into that and I think that

24:24

I was just not built that way. So I don't

24:26

think that it's something I'll do consistently, but I will

24:28

try to do that. And I like getting money for

24:30

stuff I would have otherwise just thrown

24:32

away or whatever. But when people ask me about

24:34

doing that as a side hustle, I hesitate to

24:37

say that it's something you can do long term

24:39

without putting a lot of investment in. And you

24:41

have to be very careful that you're not going,

24:43

you're not tipping over to actually being under in

24:46

terms of profit. For me, that would be very

24:48

hard to track. So I stick to selling my

24:50

closet and selling some furniture every once in a

24:52

while. And it is part of my challenge for

24:54

sure. But it's not something that I'm earning

24:56

like a ton of money on, I don't think. We

24:59

just had a full episode on furniture flipping. Oh, yeah,

25:01

it was really interesting because my interpretation

25:04

of furniture flipping was like, like, I'm gonna buy this old

25:06

beat up dresser and I'm gonna sand it and paint

25:09

it and make it look all nice again. She's like,

25:11

if it takes more than five minutes of cleaning, like

25:13

I'm not touching it. Straight

25:16

up by low sell high. I thought that was

25:18

really interesting. I feel like I've given myself

25:21

a kind of unspoken rule that I will not

25:23

put in a lot of money for a hustle.

25:25

So I think what happens is that I want

25:27

to stick to side hustles that are either very

25:29

low cost or free to start up. I'll call

25:31

clothes I already own free because I bought them

25:34

years ago. Right. But in terms of like you're

25:36

saying, slipping, that's an investment to start out. And

25:38

right now for the stage of life I'm in

25:40

and for how much I want to track stuff

25:42

like that, I just don't want to mess with

25:44

that, in my opinion. But I know a lot

25:47

of people do successfully, but I don't think it's

25:49

for me. Yeah, there are people who go big

25:51

on Poshmark and they build

25:53

the systems around consistently sourcing and

25:55

got the lighting set up where

25:57

they can quickly photograph this piece.

26:00

on the mannequin and ship it out. But

26:02

it's definitely a grind, especially in kind of

26:04

low-ish ticket clothing items where like, okay, maybe

26:06

my profit on this is 10, 15 bucks.

26:08

And I had to source it and

26:10

I had to photograph it and I had to list it and I had

26:12

to ship it, where we've seen people

26:14

have the most success in flipping

26:16

businesses is where there's enough margin. And

26:19

people have given the threshold like, I want to make

26:21

at least $100 on this because realistically, it

26:24

takes the same amount of effort to sell the $100 profit item

26:26

as it did to sell the $10 profit item

26:28

and I got to do less volume to

26:30

clear a much greater profit number. So that's

26:33

where I would look at the reselling. But it's

26:35

an important reminder to say, well, the stuff that

26:37

I bought, like, yeah, I had this purchase price,

26:39

but it also has this resale value. And that's

26:42

something that I use in my

26:44

mind to justify some purchases like,

26:46

well, if I want to buy this, I could

26:48

have pair of skis like, okay, yeah, it's this

26:50

much amount today. But if I use it for

26:52

five years, and then like, okay,

26:54

whether or not actually materializes,

26:57

but I totally do that. You are getting into

26:59

girl math territory. I don't know if you know

27:01

you are, but that's exactly what girl math

27:03

is founded on. So you really had it

27:05

in that direction. I support it. All

27:08

right, I'll take that off. So

27:10

that's the reselling side of things or just clearing out the

27:12

closet, 100% recommended as

27:14

declutter, add some to

27:16

your wallet at the same time, more with Jackie in

27:18

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for sponsoring the show. What

29:49

else for you got? What other side hustles did you test out? Side

29:51

hustles that I didn't love were mTurk. First

29:53

of all, I don't know if you've talked

29:55

about mTurk ever, but I think it's short

29:57

for mechanical Turk. It's a subset of Amazon.

30:00

Yeah, Amazon's Mechanical Turk. Yeah, yes.

30:02

I didn't think they paid enough, honestly. I

30:05

seem to not be the only one. So

30:07

at least in my experience and the experience

30:09

of some others on some forums, I read

30:11

when compared to sites like Prolific, they just

30:13

really didn't stand the chance in terms of

30:15

hourly pay. So I tried them and gave

30:17

up on that pretty quickly. Yeah,

30:19

mostly overseas workers is my

30:21

understanding of Mechanical Turk. I

30:23

used it as a customer

30:26

early on where I had basically

30:28

a data entry project. Copy

30:31

this SKU into this website

30:33

and copy the product title

30:35

back. Really tedious stuff. And

30:38

we had a guy who wrote the Mechanical Turk

30:40

review for the Sine Hustle Nation blog. And

30:42

his story was like, well, I had a newborn

30:44

on the way. I was staring down the barrel

30:47

of Hanford diapers and daycare and everything else.

30:49

And hey, this is backed by Amazon. This is a legit

30:51

company. And he ended up making $50,000

30:54

over the course of several years

30:56

doing this site, but really tedious

30:59

stuff. You're making 25 cents

31:01

a task. And you think about it in

31:03

terms of your hourly rate, something you can

31:05

do sitting on the couch, kind of relatively

31:07

brainless, but your time may be

31:10

better spent elsewhere. Think about the opportunity cost on

31:12

that stuff. For sure. Another one

31:14

that I didn't like and that I

31:16

won't maybe recommend are two

31:18

cashback apps that I'll group into the

31:21

same category, which would be Fetch and

31:23

Ibotta. These are cashback and earnings apps

31:25

for groceries. So if you scan different

31:27

items in the store, or if you

31:30

buy certain items rather than buying

31:32

a name brand, you get cashback. But a lot

31:34

of people in my comments saying they were earning

31:36

hundreds of dollars, $1,000 a year off

31:39

of Fetch or off of Ibotta. And I

31:41

was really surprised by that. And I think what it came

31:43

down to for me was just that I do not shop

31:46

a lot. My husband and I keep us under $80

31:48

a week for all of our groceries per week.

31:51

So I think that paired with us

31:53

really basically thrifting everything else in our

31:55

life just kind of created this perfect

31:57

storm of I'm not Ibotta. I'm not such

32:00

as ideal customer and I think that's okay with me, but it

32:02

just didn't work for me. I know a lot

32:04

of people with larger families tend to lean towards

32:06

that and I think that's great for them. It

32:08

just isn't maybe as obtainable if you are a

32:11

low spender and maybe you're a household of one or

32:13

two, I think. Yeah, not necessarily a

32:15

side hustle. I mean, I still use these apps

32:17

and maybe combined they're 25, 50 bucks a year.

32:20

Like I'm not making a thousand bucks a year

32:22

off of these, but it's like, you're

32:24

gonna give me money for taking pictures of

32:26

the receipts? Like fine, I'll take your free

32:29

money. It takes three seconds to do it,

32:31

but it's a lifestyle changer, absolutely not. Besides

32:33

that, the only other one I was going

32:35

to try was Instant Cart, but I don't

32:38

know if you've tried anything like that. For

32:40

me, the market was so oversaturated that as

32:42

soon as something popped up, people were

32:44

snatching it right away. And I just

32:46

was not committed enough to maybe like

32:48

sit there on my phone and just

32:50

stare waiting for like the millisecond that

32:52

a $7 order popped up. I don't know if

32:54

it was just come on then. Interesting, so people are like, you gotta

32:57

claim it like right away. Oh yeah. So

32:59

it's like college town and people are like. I don't know, that's

33:01

a great question. Columbus is growing pretty rapidly.

33:03

We were recently named like the third fastest

33:05

growing housing market, something like that, like the

33:07

fastest housing market right behind Cincinnati. And then

33:10

we were at one point the fastest growing

33:12

city in America. So I do wonder if

33:14

like somehow really it is just kind of

33:16

like the season of the

33:19

city that I'm in, but it was

33:21

just absurdly fast. And I just was not as

33:23

committed to doing that, but I do love grocery

33:25

shopping. So I'm willing to give it another chance

33:27

because I do love highlights like therapeutic to me.

33:30

I love grocery shopping. Go give it a try.

33:32

And you have the pie chart breakdown of what

33:34

ended up being the out of the $10,000, like

33:36

what ended up being the

33:38

biggest piece of the pie? Definitely data annotation for

33:40

me was a large portion of the pie.

33:43

And then something we haven't really talked about

33:45

yet, I won't maybe classify it as a

33:47

side hustle anymore. I don't know is

33:50

earnings from either TikTok's creativity program

33:52

or doing UGC work or brand

33:55

deals. These are three things that I was only

33:57

able to do because I started this challenge and

33:59

gained. Kind of like attraction

34:01

and a following so those

34:04

things ended up being a pretty big portion

34:06

of my revenue as well which i was

34:08

super surprised about. Give an estimate

34:10

of the hourly rate overall and it's

34:12

hard to say why played monopoly go

34:15

for six hours but because

34:17

you're already working full time. You

34:19

know it's now i gotta come home and i gotta

34:21

do this i gotta figure out a way to make

34:23

my hundred bucks my followers are expecting it and i

34:25

gotta edit the video and i do all the other

34:27

behind the scenes that goes into it. Like

34:29

to sleep during this i did yeah

34:31

to begin with it took me. In

34:34

the start probably four hours a day of

34:36

active work and then at the beginning i

34:38

was editing my videos and doing my voice

34:40

overs for like an hour now i've got

34:42

that down to like maybe twenty minutes okay

34:45

okay i at least have that down a little

34:47

bit with repetition with yeah you just kind of get used

34:49

to it you get less. Scared of your

34:51

own voice like the first couple of voice overs you

34:53

do you're like i found insane and then you post

34:55

it and you're like no everyone sounds normal you just

34:57

are critical of yourself. So in the

35:00

beginning probably like a combined five hours of

35:02

extra work a day to me that was

35:04

pretty normal because i just in this past

35:06

year at january twenty twenty three i stopped

35:08

my evening job i was working as a

35:10

server at a wagoo steakhouse. So working

35:12

two jobs back to back was pretty normal for me and

35:14

i don't know the fact that i could do it in

35:17

the comfort of my own home rather than working. In

35:19

a kitchen and walking around at my feet for

35:21

another six hours a night i was honestly a

35:24

perk for me that wasn't too bad towards the

35:26

end of the challenge anywhere from two to three

35:28

hours a day. Just because

35:30

i had the opportunity to work with

35:32

some great brand ugc work pays really

35:34

well so that was a blessing and

35:36

i was earning money passively anywhere from

35:38

like five to twenty five dollars a

35:40

day off tiktok's creativity program pretty consistently

35:42

which was amazing. This would

35:44

be similar to. What like

35:46

youtube ads like it's just add revenue

35:49

based on your view count or yes

35:51

exactly what it is so they will pay

35:53

you per a thousand views and i think

35:55

it's anywhere from like a dollar forty two

35:57

a dollar seventy per a thousand years. Over

36:00

the break, I had some absolutely ridiculous numbers,

36:02

partially because I ended my challenge so my

36:05

day 100 got a significant amount of

36:07

views and then I did a series recap that got a

36:09

lot of views. And that was

36:11

my first taste of like, I had

36:13

had some videos go viral like early on and I

36:15

wasn't in the creativity program at the time, I think

36:17

you have to have like 10,000 followers.

36:20

So the first few videos that went viral, I had

36:22

no idea what you can make off of ad revenue

36:24

for that. But then just this

36:26

past couple weeks, I've kind of had a

36:29

taste of what large creators are getting paid,

36:31

which is insane. So if you can

36:34

find a niche create consistent content,

36:36

I think there's huge money to be

36:38

made in tiktok's creativity program beta, but

36:40

it's all for one minute or longer

36:42

videos. That's kind of like their criteria. Oh,

36:45

interesting. Okay, so just the nature of the

36:47

everyday challenge, like you got people hooked, got

36:49

people following along, I want to get the

36:51

next update and it makes a lot of

36:53

sense. But I will say this, like you

36:55

have mastered short form like that is awesome.

36:59

But if you can translate that same content over

37:01

to YouTube, because the CPMs are way higher

37:03

in this niche. Wow. So

37:06

even if it's the same stuff review content,

37:08

like you're the side hustles that I tried.

37:10

Like if you want to play the ad

37:12

revenue game, YouTube is a better place for

37:14

that long for our horizontal content. Good to

37:16

know. Good to know. There was

37:18

an Amazon storefront element. These are like

37:21

my top product picks with this influencer

37:23

program. This is like something separate. Yeah,

37:26

that's their influencer program, something I put a

37:28

little bit of time into. So I mostly

37:30

called that passive income when that rolled in,

37:32

I probably put about five hours of work

37:35

into it total, and then just kind of

37:37

let it sit there. And still, it's sat

37:39

there since maybe October. Didn't make

37:41

anything too crazy off of that. I was happy

37:43

with it. I mean, for five hours of work,

37:45

I think total, maybe I made a couple hundred

37:47

dollars by the end of the challenge. And I'm

37:50

still making per week, maybe $30 for maybe

37:52

a one time or a couple times a year

37:54

investment. I think it's worth it if you have

37:56

the criteria to meet to get into that program.

38:00

Or are you creating, you sending your followers to

38:02

this storefront or this is like when I

38:04

was doing Amazon influencer, I still am. This

38:06

is one of my favorite side hustles of

38:08

the last 12 months is like create these

38:10

little product review videos. Oh, yeah,

38:12

not a lot of production quality. And

38:14

then you don't have to do anything to drive traffic.

38:17

Like just throw them up on the product page. Hey,

38:19

if you help us close the sale, somebody watches your

38:21

video and buys the thing will sprinkle a couple percentages

38:23

your way. Yeah, I have heard of that.

38:25

I haven't done that yet. This is kind of similar,

38:27

but it's a storefront where you can link whatever products

38:29

you want. So for me, I started out just by

38:31

linking products people were asking me about I have a

38:33

heated blanket I was always turning on each night and

38:35

part of my videos and people were like, where can

38:37

I buy that? Done you can actually got

38:39

your storefront, my espresso machine stuff like

38:41

that. And then I did a couple gift guides like

38:44

frugal gift guides gift guides for $15 and under

38:46

$30 and under

38:48

$50 and under and I just left those up.

38:50

So maybe I made two or three tech talk videos

38:52

on those and then just had everything linked in

38:55

different categories on my Amazon storefront. Gotcha.

38:58

Gotcha. Okay, nice. Yeah,

39:00

different ways to go about it. But you can

39:02

create something once create that storefront or create those

39:04

review videos once and get paid for

39:06

them over and over again. So growing

39:09

the passive income section of that $100 a

39:11

day pie and hopefully growing the size of

39:13

the pie as well. I

39:15

wanted to ask about the UGC

39:17

the user generated content side of

39:19

things because this is I'm

39:22

an elder millennial. This is like new territory for

39:24

me. How does this all work? So

39:26

user generated content is kind of

39:28

exactly what it sounds like. Brands

39:31

are paying people to create different

39:33

videos or static posts images about

39:35

either their brand, their product on

39:37

their platform, anything like that just

39:40

in order to kind of

39:42

drive sales in a way that someone talking from

39:44

the brand would not be able to do. Do

39:47

you know what I mean? Like if you get

39:49

a review ad on your page and it's someone

39:51

who works for that company, you're

39:53

like, well, why would I trust that it's actually

39:55

a good product? But if it's someone that looks

39:58

like you And there's just some. Girl

40:00

in Columbus, Ohio or whatever and they're like I

40:02

really like this products and it works for me.

40:04

Okay, well that seems a little. Bit more trustworthy

40:06

and I think that has started this shows. That

40:08

that is the case. So there's a lot

40:10

of companies right now that are looking to

40:12

hire you to see workers. As seen a

40:14

lot of people create portfolios and start from

40:16

scratch and kind of pitch themselves to brands.

40:18

Much I think is great. There's a lot

40:20

a great great you D C content creators

40:22

on here. I've been following one for years.

40:25

Her. Name is us to do any that were

40:27

where the brand's reaching out to you. This

40:29

is inbound for me, which is kind as

40:31

why I accept that in a separate category

40:33

when I calculated it because. That. Lease

40:36

I am this time because again thought was something

40:38

that I didn't seek out. That kind of an

40:40

opportunity that came to me but I have again

40:42

seen a lot of. On tic

40:44

toc. Pretty. Consistently making content

40:46

and then pitching and brands like here

40:48

is kind of what nice I can

40:51

offer. I'm a lifestyle creator, you know,

40:53

wellness creator. Here's an example of some

40:55

product reviews I've done in the past

40:57

year, so. Much my rates are would you like

41:00

to work with me. And. Brands can be

41:02

like yeah, sure, why not? Yeah. What's

41:04

typical legacy? comfortable sharing, changes,

41:06

A lot. I think when I

41:08

started I was doing it. Like.

41:10

A hundred or two hundred dollars each you

41:12

see videos. There's a difference between a dedicated

41:14

tic Toc in an integrated tic. Toc integrated

41:16

being kind of like an ad read in

41:19

the middle of a you tube video versus

41:21

a dedicated tic. Toc is like this is

41:23

only about. This. Product and this is

41:25

the whole point of that video. So those

41:27

are two different rates said a kid being

41:29

higher. I think at the start I charged

41:31

like one hundred dollars for an integrated two

41:34

hundred dollars for dedicated and. And there's also

41:36

the videos that you upload. You do see

41:38

videos that you upload and say will post

41:40

on their social media and I is usually

41:42

what I heard the lowest for because it

41:44

was. Not. Cluttering my seat,

41:47

So. His last like kind of i don't know.

41:50

Risk. If that makes sense for me

41:52

so that. I probably charged seventy five dollars to

41:54

begin with. There's. a lot of people to

41:56

charge a lot of different rates depends on your portfolio

41:58

how long you been doing it If you're

42:00

posting a dedicated or integrated TikTok on your own

42:02

feed, it depends on how many followers you have.

42:04

Right now, I'm in contract with a brand for

42:06

$2,000 for one, which is insane to me. But

42:12

now I have 110,000 followers, which is

42:15

very different than when I was doing UGC work

42:17

for brands when I had 10,000. So

42:20

it's crazy. Isn't that crazy? Could you

42:22

imagine, like, compared to where it was three or four months ago? No,

42:24

I mean, yeah. It's just been a lot. Now we've

42:26

got 100,000 people paying attention to this stuff? It's been

42:28

absurd. I can't really like it's almost

42:30

one of those things where like the

42:32

human brain has trouble seeing exponential growth.

42:34

I think genuinely, I think

42:37

there's been studies on like how people

42:39

just truly cannot understand like what a

42:41

billion dollars versus a million dollars is.

42:43

It's so hard for people to grasp like exponential

42:45

growth. Like that's been true with me. Like I

42:47

can't even I can't even comprehend

42:49

how many people that is. It's absurd.

42:52

Well, you're in Columbus, that's like the entire horseshoe. It's like 100,000

42:54

people, right? It's bigger. Yeah,

42:57

that's crazy. It's crazy. That's

42:59

probably a good transition point to the

43:01

content creator side of things. And

43:04

maybe that's kind of where the future

43:06

of this goes, like focusing less

43:08

on the hours for dollars side

43:11

hustles, and more on like, how

43:13

do I get more views? So I can

43:15

get creator program revenue, how can I drive

43:17

more Amazon affiliate sales? How can I get

43:19

more user generated contracts with bigger and bigger

43:22

brands? Where do you see this thing

43:24

going for the next 12 months? It's a really

43:26

tough question. I think what I am struggling

43:28

to kind of come to terms with right

43:30

now is that there's a really fine balance

43:32

between wanting to hit goals like that and

43:34

wanting to stay true to why people followed

43:37

me in the first place. So

43:39

I have a year long challenge right now that I

43:41

started on January 1st, how much extra income I can

43:43

make in a year. I didn't give myself a daily

43:45

goal. Right now we're moving house. So I'm averaging

43:47

like 30 to $50 a day, something low. But

43:50

what I want to show people is that

43:52

little bits consistently over time make a big

43:54

difference. So I'm documenting 366 because it's the leap year days

43:56

of... earning

44:00

this year, could I

44:02

say I'm getting to

44:04

the point where I'm earning thousands of dollars or whatever

44:07

on ad revenue and brands

44:09

UGC work, I could. But

44:12

there comes a point and I've seen this happen

44:14

to a lot of creators for years when I

44:16

followed creators, I would see them kind of a

44:18

trope of like influencers becoming out of touch. I

44:20

think there's a fine line to be walked to

44:22

not kind of lose why people followed you to

44:24

begin with. So I owe it to my audience.

44:27

They're like, I would say like 90% women and

44:29

they're from 18 to 35 years old. So I

44:31

owe it to those girls who are just like

44:33

me and a year ago were in my shoes,

44:35

you know, wanted to make a little bit of

44:37

extra cash to save up for a home. I

44:39

owe it to people to show them ways that

44:42

don't cost money to start up or you don't have to

44:44

have a following to start up. So I'm

44:46

going to continue to do that. But I will

44:48

post transparency videos. Each Sunday I post

44:50

how much I made on TikTok's creativity program

44:52

and from any other like passive income,

44:54

as I would call it. I

44:57

think it's super compelling. And it just

44:59

goes to show this consistent effort really

45:01

stacks up and kind of mean

45:04

I'm hearing echoes of well, saw

45:06

this information was in the early days where it's like I

45:09

want to be the guinea pig for this stuff. This was

45:11

one of my like early hypotheses for the site. I want

45:13

to test out selling on Amazon

45:15

selling on eBay driving for Lyft and

45:17

selling on Fiverr and doing freelancing and

45:20

all this different stuff. I'm going to report

45:22

back and the results what I like what I didn't like, and

45:24

hopefully not going to have lost touch because

45:27

I think the curiosity like still fuels so

45:29

much of it. But going out and

45:31

finding other people to tell those stories, if it's a

45:33

side hustle that I don't have the expertise to do

45:35

or have the time to go do, I will

45:38

find somebody to tell that story, but you're doing

45:40

it in a really compelling way. And I think

45:42

it's something that obviously resonated with

45:45

this audience early on. And it's clearly

45:47

resonated with your audience so far. So

45:49

make sure to follow along at Jaclyn

45:51

Mitchell on TikTok. We'll link that up

45:54

in the show notes in case there's

45:56

any trouble spelling. But that's the one

45:58

year of extra income challenge,

46:00

like you said, you get an extra day this

46:02

year, leap year, 366 days of extra income. I'm

46:06

really excited to see what the total comes out to

46:09

be because I imagine it's gonna be big and we're

46:11

gonna have to do a follow up for you from

46:13

now to see what you hit. So again, thanks so

46:15

much for joining me. Let's wrap this thing up with

46:18

your number one tip for side hustle nation. Do your

46:20

taxes. It's my number one tip. Make sure

46:22

that you are tracking your taxes and make

46:24

sure that you keep an accurate idea of

46:27

how much you owe because you don't want

46:29

to get so disillusioned with how much money

46:31

you're making on side hustles that you forget

46:33

to save the money that you owe come

46:36

March. So that's my tip. That's right.

46:38

Yeah, take whatever the top line was, take

46:40

25% of that and you mark that away

46:42

and maybe more depending on state taxes. Do

46:44

you get those questions like, is this taxable?

46:47

Is this prolific taxable? I do, all the

46:49

time. And what I tell people is, absolutely

46:51

it is. If the government knows you're doing it, you're

46:53

gonna get taxed on it. They want their money and

46:55

they want it now, which is, you know, that's

46:58

fine. But I have a spreadsheet in my

47:00

bio on my TikTok for free that kind

47:02

of breaks down if anyone wants to do one

47:04

year of extra income challenge with me. And it

47:07

takes that total and then it breaks down automatically

47:09

at 27% set aside for taxes. And

47:12

what I recommend is that people throw that when they're

47:14

getting paid weekly or whatever, throw that

47:16

amount into a high yield savings account and let that

47:18

build interest in the meantime. Yeah, yeah.

47:21

Throw it in that high yield account, make

47:23

those estimated tax payments. There's no surprise come

47:25

next year. And here's the other

47:27

cool thing. If you're gonna be getting 1099, you're

47:30

an independent contractor, all of a sudden

47:32

hashtag disclaimer, not an accountant. But as

47:34

a business owner, whether you're freelancing and

47:36

if you're getting 1099, the government considers

47:39

you an independent contractor slash freelancer, you

47:41

can write off more stuff than you would be able to as

47:43

just a W2 earner. Make sure

47:46

you take advantage of the deductions that come along the

47:48

way. But I take that all the time. Is this

47:50

taxable? Yeah, it's gonna be taxable, but like,

47:52

well, it's not worth it then. There's

47:54

no such thing as a 110% marginal tax rate. Like

47:57

it's still better off than it was before. The

47:59

misconception of, well, what if this raises me a

48:01

tax bracket? Well, it wouldn't raise you to

48:03

100% tax bracket. So you're still

48:05

making money. You're good. You're still better off. Yeah. Yeah,

48:08

absolutely. Well, super cool. Again, at

48:10

Jacqueline Mitchell, we'll link that up really

48:12

inspiring stuff. Just a couple quick notes

48:14

takeaways, like the little wins add up.

48:16

I mean, you set out with kind of a big goal of $100 a

48:18

day added up to over $10,000. Even $10 a day would still be 3500.

48:21

At the

48:25

end of the year, it's not you think about

48:27

what that would afford in terms of a savings

48:30

cushion in terms of a nice

48:32

vacation in terms of whatever it may

48:34

be, those little wins really start to

48:36

compound. And the other thing

48:38

that we've seen kind of a somewhat

48:40

common theme here is working in public

48:42

or documenting the process because people love

48:45

that behind the scenes is like

48:47

the unboxing videos of making extra

48:49

income. I think it's really, really

48:51

compelling. And as that has unlocked

48:53

the UGC stuff, the

48:55

affiliate stuff, the ad income earning

48:57

side of things, and I'm

48:59

excited to see what the following looks like

49:02

a year from now. So whether you're a

49:04

first time side hustle show listener, or a

49:06

longtime fan, I really appreciate you spending some

49:08

time with Jackie and me in your earbuds

49:11

today. If you're looking for what

49:13

to listen to next, I've got

49:15

over 600 or almost 600 of these episodes

49:17

to choose from, you take your pick. But

49:19

if you don't have that kind of time,

49:22

I also understand. So what you could do

49:24

instead is take a more curated approach by

49:26

going to hustle.show and answering a few short

49:29

multiple choice questions. And I'll build you a

49:31

personalized playlist based on your answers. These are

49:33

the eight to 10 episodes

49:35

on a specific topic deep dive

49:37

on a more specific topic, the

49:40

more curated angle for you totally

49:42

free hustle.show. And I'll get that sent

49:44

over to you. Big thanks to Jackie for

49:46

sharing her insight, super inspiring stuff. We'll

49:48

have links to all the resources she

49:50

mentioned in the show notes at side

49:53

hustle nation.com/Jackie, you can also hit up

49:55

side hustle nation.com/deals for all the latest

49:57

offers from our sponsors in one portion.

50:00

And big thanks to you for supporting

50:02

the advertisers that support the show. That really does

50:04

make a difference. That is it for me. Thank

50:06

you so much for tuning in. If you find

50:08

new value in the show, the greatest compliment is

50:10

to share it with a friend. Until next time,

50:12

let's go out there and make something happen. And

50:14

I'll catch you in the next edition of The

50:16

Science Hustle Show. Hustle on.

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