How to Boost Your Income If You Want to Spend Lavishly on Your Wedding Day

How to Boost Your Income If You Want to Spend Lavishly on Your Wedding Day

Start Pet Sitting

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Pet sitting is an excellent example of a side hustle if you don’t want to take on too much before your wedding day. Moreover, if you’re good with animals, taking good care of someone else’s pets when they’re not around may not even feel like work as you play with them and keep an eye on them until their owners return. 

Rent Out a Portion of Your Home as an Airbnb

 Again, this is a straightforward way to generate extra income as you don’t have to do much work at all aside from renting out any spare space you may have on your property already. Furthermore, sprucing up the area with a few unique decor touches might help distract you from any nervous wedding jitters you may be experiencing as the big day draws closer. 

Try Your Hand at Freelancing

With remote work looking like it’s here to stay, there are more than enough opportunities to earn money online if you have a specialized skill set. For example, if you are adept at graphic design or writing, you could probably find work online as these two job types are high in demand. However, there are also many other jobs, so it’s all about discovering where your strengths lie and marketing yourself in these areas as best as possible. 

How to Know What You’re Good At

As far as finding your perfect side hustle, there may be plenty of opportunities available, but how do you know which ones are right for you? Indeed, having a passion for what you do is essential. But, it is also about discovering your talents and abilities to ensure that they align with what you think you’re meant to do. If you’re somewhat in the discovering phase, you could look at personality or aptitude tests to help point you in the right direction. 

Open Up Your Own Business

Suppose your side hustle has taken off to the point that you’re seriously considering going into it full time after the wedding has come and gone. Then one of the first things you’ll need to think about is what structure your business will have, as this will play a role in what sort of tax implications you’re likely to encounter later. Of course, you’ll have to look into the five most common business structures to see the tax implications for each one to make the best decision for you and your business at the end of the day.

If tax considerations are a big deal for you, then you could opt to start an LLC, as you are sure to reap certain tax benefits from choosing this popular business structure. Apart from tax benefits, an LLC comes with a whole range of other benefits too that include greater flexibility, less paperwork to go through, and limited liability to ensure your personal assets are protected at all times. Moreover, you could save quite a bit if you file your business yourself or use a formation service rather than roping in a lawyer to do the same for you. Be sure to check the different filing regulations for your state (as these can sometimes differ) before proceeding.  

Promote Yourself

Whether you are just pursuing extra money for your wedding or you turn this side project into a significant hustle, you need to be able to promote yourself. Business cards are a quick and inexpensive way to share what you do and help people to get in touch with you easily. Plus, it’s easy to learn how to make a business card using a free online tool. Then, just get them printed and start handing them out!

Find Your Funding Options

Weddings can be expensive, but taking on a side hustle can help alleviate some of the cash shortfalls you’re likely to experience along the way. Moreover, you could even end up discovering a golden opportunity that could cover your wedding expenses and beyond!