DEVELOPING A 'SIDE HUSTLE' INTO A SECOND INCOME

[geek84]

Good Morning Folks
I have recently developed a liking to dealing with numbers/figures and general arithmetic (multiplying, dividing, percentages, ratios etc).
Is there any way I can develop this 'hobby' into a second income?
Thank You

 

[fisicx]

Become a maths tutor.

 

[AllUpHere]

Become a maths tutor.

Do you actually need to be good at maths to be a maths tutor (genuine question)? Surely if you are tutoring GCSE students as an example, skills in motivation and teaching are a lot more important. The actual maths involved in GCSE's shouldn't tax an average adult.

 

[fisicx]

Sort of agree. Most of the tutoring is nurturing. But when the student throws a curveball having a toolbox full of maths techniques helps. I had one student who loved astronomy so we sidetracked to talk about the seed of light and parsecs which we then used to learn about SI units, large numbers, estimation and rounding.

 

[Deleted member 335660]

Good Morning Folks
I have recently developed a liking to dealing with numbers/figures and general arithmetic (multiplying, dividing, percentages, ratios etc).
Is there any way I can develop this 'hobby' into a second income?
Thank You

Yes I won the school Maths prize and quite good with numbers. I trade on the stock market, so you could try that. Made 10% on my modest capital this past year.

 

[mattk]

I was going to say trade ******.

 

[AllUpHere]

Sort of agree. Most of the tutoring is nurturing. But when the student throws a curveball having a toolbox full of maths techniques helps. I had one student who loved astronomy so we sidetracked to talk about the seed of light and parsecs which we then used to learn about SI units, large numbers, estimation and rounding.

Yes, you are quite right; I was looking at it from the wrong angle. I presumed that parents employing tutors probably had under-performing kids who just needed to be dragged up to the minimum requirement to pass an exam. I hadn't considered kids who were already doing well, benefiting from extra tuition. Daft really, I did my GCSE'S early and then did AS level statistics in the 5th year.

 

[geek84]

Thanks for your relies.

I was a maths tutor but lost most of my students due to the change in exam dates etc.

I was also thinking of trading on the stock market and/or ******, but it is easy to lose money !

 

[fisicx]

I was also thinking of trading on the stock market and/or ******, but it is easy to lose money !

Yes it is. And you don't need any maths skills to lose money on ******.

 

[Alan]

liking to dealing with numbers/figures and general arithmetic (multiplying, dividing, percentages, ratios etc).

Become an accountant. As far as I understand you don't actually need any qualifications to be an accountant. They are many different forms, management accounting, tax accounting etc. Maybe start as taking on some bookkeeping. I think you need anti-money laundering 'supervision' if you publicly offer book keeping services but that is fairly straight forward.

Become a quantity & cost surveyor / estimator for building work. Builders need people to calculate the material costs etc for input into estimates.

 

[Mr D]

Good Morning Folks
I have recently developed a liking to dealing with numbers/figures and general arithmetic (multiplying, dividing, percentages, ratios etc).
Is there any way I can develop this 'hobby' into a second income?
Thank You

Do the math side of report writing.

 

[ecommerce84]

Rachel Riley is pregnant again - offer up your services to Channel 4 for to cover her maternity on Countdown.

 

[MarkOnline]

Good Morning Folks
I have recently developed a liking to dealing with numbers/figures and general arithmetic (multiplying, dividing, percentages, ratios etc).
Is there any way I can develop this 'hobby' into a second income?
Thank You

The skills you describe sound as though they would come in useful running a business. All you need to do is find a suitable business then you can add and subtract away with your new found passion.

 

[IanSuth]

Become an accountant. As far as I understand you don't actually need any qualifications to be an accountant. They are many different forms, management accounting, tax accounting etc. Maybe start as taking on some bookkeeping. I think you need anti-money laundering 'supervision' if you publicly offer book keeping services but that is fairly straight forward.

Become a quantity & cost surveyor / estimator for building work. Builders need people to calculate the material costs etc for input into estimates.

Don't become an accountant - worst mistake i ever made waas to listen to a school careers teacher who told me doing Maths, Further Maths, Chemistry and Geography Alevels I should "do an accountancy degree as it is vocational maths" It is more about learning the rules and laws and applying them, the software does the maths. Maybe a financial analyst but not an accountant.

Quantity Surveyor or estimator appears to be more real world use of maths - or look at pharm companies/market research/pollsters, they have to do a huge amount of number crunching and actually need people with a mind for maths particularly stats

 

[Interestedobserver]

Thanks for your relies.

I was a maths tutor but lost most of my students due to the change in exam dates etc.

I was also thinking of trading on the stock market and/or ******, but it is easy to lose money !

I would put your efforts into becoming a maths tutor again and getting some new clients. Maybe limit it to zoom now that people are so used to using it

****** or stock market trading is more like gambling IMO

 

[John Hemming]

****** or stock market trading is more like gambling IMO

****** is really odd.I am not sure it as risk free as Aintree.

Investing (on the stock market) is what a lot of people do either directly or indirectly. You do really need to understand commerce to make a success of it, but it is not the same as "gambling".

 

[XombiCreative]

I had to close down my business late last year. This year, I started a new boat building business and due to limited workspace around the house, I had to adapt and build the boats in my loft. So far, it's been quite a lucrative venture, as this year alone, my sails have been through the roof.