😎 Make your side hustle “official”

When you can do this, you’ve made it. # In This Email - This Week’s Money Moves: ⚬ [Earn money]( sitting at home ⚬ [Beef up]( your bank account ⚬ [Stack side hustles]( - Newsworthy: ⚬ When should you make your side hustle “official”? - Income Builders: ⚬ Make your money [work for you]( This Week’s Money Moves [Earn Money Sitting at Home]( Learn 9 easy ways to earn money without leaving the house. [Read more »]( [Beef Up Your Bank Account]( Escape the paycheck-to-paycheck life and flex on your haters. [Read more »]( [💪 Stack Side Hustles]( Think you can stack side hustles — and earn $100 per day? You’ll never know if you don’t try. [Read more »]( Newsworthy When should you go “official” with your side hustle … and open an LLC? [Open For Business](#) Let’s say you and your side hustle have been going strong for a while. It’s growing … and it’s starting to become a cash cow. 💰🐮 Now, it could be time to open an LLC (Limited Liability Corporation.) Sounds fancy, eh? Maybe even a little bit intimidating. But it’s not as big of a deal as you might think. Here are three major benefits of opening an LLC: 1. You can open a business bank account Tracking down your business expenses in a personal bank account can get just plain confusing. It’s easy to forget what’s a business expense and what’s not when you’re sorting through your statements. But when you open an LLC, you can track all of your expenses in your own business bank account. Then, it’ll be easier to keep track of how your business is doing. [Need a Business Bank Account? Read This First](. 2. Write off your business expenses more easily Once you have all your transactions in one place, it’s much easier to write off the day-to-day expenses that keep your side hustle afloat — and you’re much less likely to miss any. This will come in handy come tax time. You could get more deductions … and potentially reduce the amount you owe! It’s all pretty confusing at first. But this [Ultimate Guide to Side Hustle Taxes]( explains it pretty simply. 😉 3. You could get legal protection for your business Without an LLC, you could be personally liable for any debts or damages incurred by your business. That’s scary to think about! But with an LLC, you’ll get a bit of peace of mind knowing your personal assets are protected in case you get sued. Yes, it seems a bit scary. But opening an LLC could protect you from financial ruin just in case things go horribly wrong. Learn more benefits of LLCs here: [What are the Benefits of an LLC (and Should You Form One?)]( Income Builders Learn [6 super stealthy wealth secrets]( of millionaires. Chill on the couch and [make these super lazy money moves](. Try [these 6 weird and wacky ways]( to save money on groceries Get your side hustle on and make up to $1000 per month. [FIND YOUR MATCH →]( [Money Bags]( Snippets - Did you know you could earn some sweet, sweet scrilla by telling big companies what you think about them? [Get paid to be honest](. - Whether you want to make money from home, make money online, or get out of the house to earn your extra cash, we've got you covered with [this mega list of easy money-making ideas](. Make Moves with Your Personal Finances Credit Cards Insurance Make Money Manage Money Investing Loans Banking Debt Help Recent Stories … [Don’t Make These 7 Side Hustle Mistakes]( 5 minute read | March 22, 2022 [5 Credit Cards for LLC Owners]( 7 minute read | August 8, 2022 [Your Guide for Choosing the Proper Business Structure]( 9 minute read | August 8, 2022 [5 Business Credit Cards for Startups]( 7 minute read | August 4, 2022 [How to Start a Mobile Detailing Business]( 8 minute read | March 15, 2022 [Facebook]( [Youtube]( [Instagram]( [Twitter]( [Flipboard]( [FinanceBuzz]( [Unsubscribe]( © 2022 FinanceBuzz 111 E. Atlantic Ave., Suite 200, Delray Beach, FL 33444 FinanceBuzz is an informational website that provides tips, advice, and recommendations to help you make financial decisions. We strive to provide up-to-date information, but make no warranties regarding the accuracy of our information. Ultimately, you are responsible for your financial decisions. FinanceBuzz is not a financial institution and does not provide credit cards or any other financial products. FinanceBuzz.com does not make any credit decisions. FinanceBuzz is reader-supported. We may receive compensation from the products and services mentioned in this email.