Side Hustles For Dummies by Alan R. Simon

Author:Alan R. Simon [Simon, Alan]
Language: eng
Format: epub, pdf
ISBN: 9781119870159
Publisher: Wiley
Published: 2022-04-07T00:00:00+00:00

Suppose your side hustle is writing books, doing online video courses, and otherwise creating content that people pay for. When you get your accounts set up with your publisher or literary agent, or with a learning platform such as Udemy, you’ll provide your business checking account number and routing number to the place that will periodically send you money. When payment time arrives — presto! — your royalties or other payments travel electronically into your bank account. All done!

Make sure that for cash apps such as PayPal and Venmo, you use their business versions for your side hustle rather than their personal versions such as PayPal Friends and Family. PayPal, for example, offers PayPal Purchase Protection to protect buyers and sellers in the case of disputes.

Even if someone pays you by an old-fashioned physical check, you can still automate the deposit process a great deal. Most large and even midsize banks and credit unions offer mobile deposits via your phone, so you can sort-of-automate the check-deposit process without having to run to the bank.

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