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How To Know When To Quit A Side Hustle

30th April 2024

With a cost-of-living crisis and talk of a recession, many UK residents are considering adding a ‘side hustle’ alongside their 9-to-5 careers. This second job allows many to embrace a creative skill and supplement their income with extra cash.

But don’t assume that side hustles are all sunshine and roses. While they are great for some, they are not always as easy as influencers make them seem.

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WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

How much would you like to borrow:

£200
£750
How long would you like it for?
3 months
6 months
How often do you get paid?:
-- Please select --

Your monthly repayments are:

1
£
2
£
3
£
4
£
5
£
6
£
Total amount to be repaid:
£  
Annual percentage rate:
  % APR

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR


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