Making a Difference With Your Side Hustle
In unconventional times, many people are looking for ways to build a side hustle. At the same time, as baby boomers get older and need care and companionship, some people are realizing that many seniors are feeling even more isolated due to the pandemic. For those who've become senior caregivers, there are great ways to add a side hustle to your current work. It all adds up to making a difference on top of extra income.
Best Side Hustles for Senior Caregivers
If you're someone who enjoys spending time with seniors and currently work as a senior caregiver, several fantastic side hustles could be great for you. Perhaps you could combine your love for caring for a senior with a dog walking service or as an advocate for senior rights. You could also build a blog or start a podcast to inform people about the stressors seniors face in these challenging times. There are a plethora of free tools online that can help you get these projects started, including free website builders that allow you to easily put together your own website.
In short, you can combine your job as a senior caregiver with another way to earn money and make a difference at the same time with minimal investment.
Forming an LLC
If you're considering becoming a senior caregiver who also has a side hustle, you'll want to start by forming a limited liability company (LLC). Setting up an LLC in your state protects you from personal liability for business activity. Every state has different rules when it comes to forming an LLC, so look into those rules ahead of time. To learn more about registering your LLC, check out a formation service like LegalZoom or Rocket Lawyer.
Why It Matters and Where to Start
Your decision to become a senior caregiver was likely, in part, because you wanted to make a difference. Maybe you know it can be difficult to find trustworthy people to take care of an aging parent or loved one. Your work now helps to alleviate pressure on your client's family. Perhaps you started by researching online agencies and platforms that match you with seniors looking for help. You can do the same now with your side hustle.
It's a good idea to start with a general goal or purpose you feel passionate about. Think of the things you enjoy most outside of your work as a senior caregiver. If it's art, for example, there's no reason you can't put those same skills to use to begin an online art store business. To make it feel as important as your work with seniors, consider ways you can use your side hustle to raise money or benefit the community.
As you plot out your side hustle, it’s crucial to keep a few things in mind. Aside from a business plan and entity, it helps to have a great website and to put a little effort into social media marketing. You can always take payments via Venmo or Paypal, but another option is to add a payment feature to your website. This makes it easy for clients or customers to quickly remit payment. And when you use a third-party API to verify income source information, you can ensure your customers’ data stays protected.
Making a Difference
At the end of the day, becoming a senior caregiver was a fantastic way to give back to the community while looking out for your own financial needs. In taking the time to research how you can expand your goals into a new side hustle, you'll be well on your way to two streams of income which will in return build a better future.
Thank you Mary Shannon for contributing this article.
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