The Side Hustle Trend in Malaysia: Beyond Your Main Job, Build Multiple Income Streams!
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Diversify Income: Boost earnings, increase financial security.
Monetize Passions: Turn hobbies or talents into cash.
Skill Development: Explore new areas, prep for future careers.
Flexible Work: Gig economy and remote work make it easier.
Online Teaching/Consulting: Share expertise on online platforms (languages, coding, tutoring).
Content Creation/Social Media: Start a blog, YouTube channel, Xiaohongshu, or freelance writing.
E-commerce/Personal Shopper: Sell products on Shopee/Lazada, or offer shopping services.
Freelance Services: Offer design, web development, translation, copywriting, video editing.
Gig Economy: Drive for Grab, deliver food, or rent out spare property.
Set Boundaries: Dedicate specific hours to your side hustle, avoid overlap with your main job.
Plan Smart: Use time management tools; optimize fragmented time.
Avoid Conflicts: Ensure your side hustle doesn't violate company policy or create conflicts of interest.
Tax Declaration: Declare all side hustle income to LHDN annually; keep meticulous records.
Business Registration: Consider registering with SSM if your side hustle grows stable.
Contracts & IP: Use clear contracts for services; protect your intellectual property for content creation.
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