A new year always brings with it fresh optimism and hopes of doing better.
Despite salary increases generally not keeping up with inflation, there is yet hope that for consumers drowning in debt that it is not yet over – with 11 months of the new years still to go.
The general advice from personal finance experts is to cut back on spending in order to be able to pay off debt. But what about those of us who have cut back as far as we can?
Finding ways to make extra money through side-hustles or side-gigs is a possible solution. However, if overworking yourself means less time with loved ones, more stress and more burnout, then now is probably the time to consider ways to earn passive income.