With a recession potentially looming, preparing financially is essential. J.P. Morgan estimates a 60% chance of a recession by 2025, which may impact job stability and income. To mitigate financial strain, consider engaging in side hustles like freelance writing or reselling second-hand clothes. Freelance writers can earn a median income of $83,000, while savvy resellers like Kelsey Mikula pull in significant profits each month. These ventures can offer financial cushioning during uncertain economic times.
Freelance writers shockingly make a median of $83,000 a year, according to Glassdoor. Not too shabby for a job you can do in pajamas.
If you have a good eye for trends or spotting designer clothes in the bargain bin, you can use your fashion sense for cash by reselling secondhand clothes.
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