meta_pixel
Tapesearch Logo
Log in
Side Hustle School

#1761 - Q&A: Should I use an emergency savings fund for my side hustle?

Side Hustle School

Chris Guillebeau

Side Hustle, Careers, Entrepreneurship, Entrepreneurship,, Small Business, Business

4.73.3K Ratings

🗓️ 27 October 2021

⏱️ ? minutes

🧾️ Download transcript

Summary

The headline says it all: should you use an emergency savings fund for a side hustle? Get ready for a personal finance cage fight!

Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Twitter: @chrisguillebeau

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Many of us are already planning our New Year's resolutions to work out more in 2023.

0:04.4

But let's face it, they rarely stick.

0:06.6

Well, Peloton's got a gift for you.

0:08.6

Get up to $200 off accessories, like non-slip-grip dumbbells, cycling shoes,

0:13.1

heart remonitors, and more, with the purchase of a Peloton bike, bike plus, or tread.

0:17.3

Don't wait. Get this offer before it ends on December 25th.

0:20.7

Visit 1Peloton.com. All Access Membership Separate Offer ends December 25th.

0:25.6

Cannot be combined with other offers. See additional terms at 1Peloton.com.

0:34.9

Hey, what's up? Let's get real today. Today's topic can be expressed in a single sentence.

0:40.6

Should I use an emergency savings fund for my side hustle?

0:44.8

It's really excited to get this question because I was like, wow,

0:47.3

anybody who hears that question already has an opinion about it.

0:50.1

And they probably have a strong opinion.

0:51.7

You know, should you use your savings fund for your side hustle?

0:53.9

So in this ongoing dialogue, what we're doing with these questions and answers throughout the week,

0:59.2

I try to provide my answer as well as, perhaps, pose any further questions or some insight that

1:04.4

might be helpful. So it's not just about answering one question for one listener,

1:08.4

but try to look at issues that lots of people who are trying to create additional sources of income

1:14.0

might be experiencing or might experience at some point.

1:17.2

So that's what we're going to talk about. This controversial topic.

1:19.4

Should I use my emergency savings fund for my side hustle?

1:21.7

Before I do that, I want to give a quick shout out for a new book that just came out.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Chris Guillebeau, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Chris Guillebeau and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.