For a scenic farm wedding venue in Nashville, visit L&L Farm today!
Side-Gig Tips That Will Help You Save Money For Your Wedding
Paying for a wedding can be a stressful undertaking, especially once you begin planning the reception and honeymoon. As costs add up, many people turn to a side gig to help them earn some extra money for the big day, and these days there are several simple options to choose from. Some jobs can even be done from the comfort of your own home!
Start by thinking about what skills you already possess, how much time you can afford to put into it, and whether you’ll want to turn it into a full-time job down the road. To help, here are a few tips on how to find the perfect side gig so you can start saving up for your dream wedding, courtesy of L&L Farm.
Start Your Own Business
Gone are the days when starting a business required tons of capital and years of planning; nowadays, anyone with a great idea can utilize online platforms and services to build something of their own within weeks or even days. Start by doing some research into your competition; for instance, if you want to start selling custom-made cupcakes, check out both local bakeries and other small business owners in your city by searching social media.
Once you’ve done your homework, come up with a great name and make sure it’s not already taken. You’ll also need to choose a structure for your business. A limited liability company is a popular choice because it offers certain legal protections and tax benefits that a sole proprietorship does not. Even better, an online formation service that’s already familiar with your local regulations can help you learn how to form your own Tennessee LLC with ZenBusiness in minutes!
Put Your Existing Skills to Use
If starting a full-blown business requires more time and effort than you have to give at the moment, there are still plenty of ways to earn money doing something you enjoy. Have teaching experience? Start giving tutoring lessons a few days a week. You can do this in-person or online if you have the right tools.
Know your way around the city? Consider becoming a delivery driver and make great tips. Or if you’re an expert at green cleaning solutions, promote your chemical-free products and clean people’s homes! Think about where your skills lie and how you can put them to good use; many businesses are in dire need of reliable workers at the moment, so a quick online search should bring up several options.
Create a Space for Your Business
Running a business out of your home requires some space. Don’t spend a fortune here since your goal is to save money for your wedding, but be strategic about how you modify your space to meet your new business’s needs. Any small updates you make to the kitchen or a dedicated office space can increase your home’s value, too, which can make it a good investment in the long run.
Sell Your Belongings
Another great way to earn extra money is by selling off things you no longer want or need. This can be done in addition to a regular side-gig or on its own if you have the right tools. Go through the basement, attic, garage, and closets in your home and pull out anything that might be of interest to buyers.
You might have a garage sale, or post items that are in great shape on social media marketplaces. You can also download apps like Poshmark or Vinted, which allow you to sell gently used clothing, accessories, handbags, and shoes hassle-free. Have a good eye for vintage pieces? From Pennies To Plenty suggests shopping at thrift or antique stores to score great finds and resell them.
Keep it Legal
Whether you choose to start a business of your own or find a side-gig, it’s essential to make sure you comply with the tax laws in your state. The IRS requires you to file income taxes if you make more than $600 within a year, and you’ll be responsible for this paperwork since you won’t have an employer to take that money out of your check. Read up on both the federal and state tax laws that apply to where you live; you might need to apply for a small business license in some cases, which, as GoShare points out, will help you keep track of your tax responsibilities.
Put Your Wedding Finances into Perspective
Finding and starting a side gig while planning a wedding can be stressful, so practice self-care when possible and remember, you don’t have to hold onto the job forever. Set a few money goals and keep track of them as you go so you can see the progress you’re making with saving, as this can be helpful motivation.