Pay For Your Wedding With These Effective Side Gig Tips
Sheila Olson of fitsheila.com | info@fitsheila.com on 6th Mar 2023
Pay for Your Wedding With These Effective Side Gig Tips
Paying for a wedding is no easy feat, and even if you have savings or help from family members it can be stressful. Turning to a side gig to earn extra money can be enormously helpful, however, as it allows you to set some cash aside on your own terms while working around your planning schedule. Start by thinking about exactly what you need to pay for, from catering to entertainment, and create a list complete with price quotes.
When you’re ready to look for a gig, think about what your marketable skills are and how much time you can dedicate to it while keeping up with your day job and wedding planning.
What are you good at?
When it comes to finding the right job, it’s important to think about where your skills lie and how you can make the most of a talent or passion you already have. Turning a hobby into a business is much easier than it used to be due to all the online resources that are now available, so if you’re creative, look for an ecommerce site that will allow you to set up your business and start selling right away. If you have experience with a particular skill, such as accounting, you might start freelancing. Consider how you’ll market your services to draw in the most customers in the shortest amount of time; social media is perfect for this.
Get legit
Starting a business now can potentially turn into a profitable venture that sticks even after the wedding, so if you’re interested in building something that lasts, consider forming an LLC to add some legitimacy to your company name. This is also a great way to take advantage of tax benefits and protect your personal assets. Just make sure you read up on the regulations for limited liability companies in your state, as they differ according to the area you live in. Rather than paying an attorney to file the paperwork, hire a formation service to handle LLC Georgia formation.
Turn to the web
Not ready to start a business? Turn to the web to find an existing gig on job sites, or utilize social media platforms like LinkedIn to help you get started. Just keep in mind that whether you start a business, work as a freelancer, or secure a part-time job as a delivery driver, you’ll need to work out your tax responsibilities. The last thing you want to worry about when you’re planning a wedding is whether you’ll have to deal with the IRS down the road, so hit the web and read up on the rules in your city and state for paying income tax. Some areas require you to obtain a small business license if you’re a freelancer, which is connected to your local tax responsibilities, so it’s a good idea to do some research and make sure you meet those requirements.
Make sure you can commit
No matter how you choose to earn extra money, it’s essential to consider whether you’ll be able to commit to the gig without placing added stress on your shoulders. Planning a wedding can be time-consuming, so creating a schedule for yourself that’s realistic is important, and utilize a few apps to manage your time wisely. If you’re unsure of how long you want to keep working, look for a gig with no strings attached so you won’t feel pressured to keep up with it if things become overwhelming.
Earning extra money is much simpler these days than it used to be, but it can still be stressful if you don’t plan ahead. Get organized with your preparations and spending, choose a business structure, create a realistic routine, and remember that it’s only temporary so that once the big day arrives, you’ll be able to enjoy it.
Planning your wedding? Make an appointment with bridals by lori for gowns, tuxedo, accessories and more!
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