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The Retirement Newsletter: Hobbies v. Side-hustles
Welcome
Welcome to issue -97: hobbies versus side-hustles.
Last week, in Issue -98: Balancing the books — other income streams, I wrote about balancing the books and other income streams. And, I mentioned side-hustles as a way of balancing the books. But, what is a side-hustle? Is it a hobby?
OK, look at the wonderful photo by Margarida Afonso at the top of this post. It makes you think of knitting. Is knitting a hobby or a side-hustle? Is taking that photo a side-hustle or a hobby? To me, the answer can be yes to all those questions.
For me, side-hustles and hobbies are what keep me sane — a little something on top of my day job that I do for enjoyment and pleasure. Whether it is a side-hustle depends on whether I am losing money or making money.
Side-hustles and hobbies
I read somewhere that the average retiree needs at least three hobbies to fill their time. I have no idea whether that is true or not. Let me know what you think below.
As I said above, side-hustles and hobbies are essential as they keep me sane. And when I retire, I am expecting my side-hustles and hobbies to…
