Side Income Impact Calculator

See how a side gig, freelance work, or extra income could crush your debt.

Your debt

The debt you want to attack with side income

$
%
$

Your side income

How much extra could you earn? (All goes to debt)

Side gig / Freelance
$

= /month

Selling items
$
Expected windfalls
$
$

Applied as lump sums to your debt

Total extra toward debt:

Plus in windfalls spread over first year

Side income accelerates your payoff by

Without side income

With side income

Interest saved

Is the side gig worth it?

Hours invested (until debt-free)
Interest saved
Effective hourly value

Your side hustle payoff

Debt-free date

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Side income ideas by hourly rate

$15-25/hr

  • • Rideshare driving
  • • Food delivery
  • • Retail / Warehouse
  • • Pet sitting

$25-50/hr

  • • Tutoring
  • • Freelance writing
  • • Virtual assistant
  • • Photography

$50-100+/hr

  • • Consulting
  • • Web development
  • • Graphic design
  • • Bookkeeping