Side Hustle Time to Goal Calculator

Calculate how long your side hustle will take to reach your financial goal. Plan your path to $10K, $50K, or more with our free calculator.

Your Goal

$

Your financial goal

$

Amount you've already saved toward this goal

Progress0.0%

$10,000 remaining

Side Hustle Details

hours

Time you can dedicate weekly

$

Your current effective hourly rate

5%
0%20%

Expected monthly rate increase

10%
0%50%

% going to taxes and expenses

Your Timeline

Time to Goal

9 months

Target Date

September 2026

Total Hours

390

hours of work

Avg Monthly

$1,194

net earnings

Milestones

25% - $2,500

Month 3 (March 2026)

50% - $5,000

Month 5 (May 2026)

75% - $7,500

Month 7 (July 2026)

100% - $10,000

Month 9 (September 2026)

Monthly Projection (First Year)

Month 1$974 ($974 total)
Month 2$1,023 ($1,997 total)
Month 3$1,074 ($3,071 total)
Month 4$1,128 ($4,199 total)
Month 5$1,184 ($5,383 total)
Month 6$1,243 ($6,627 total)
Month 7$1,306 ($7,932 total)
Month 8$1,371 ($9,303 total)
Month 9$1,439 ($10,000 total)

Summary

Starting Rate$25/hr
Final Rate$39/hr
Total Earned$10,743
Effective Hourly$28/hr
Tips to reach your goal faster:
  • Increase your hourly rate by adding skills
  • Find ways to add 2-3 more hours per week
  • Reduce expenses to keep more earnings
  • Consider productizing your services

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Frequently Asked Questions

How much can I realistically make from a side hustle?

This varies widely based on your skills and time investment. Freelancers typically earn $25-100+/hour depending on expertise. With 10 hours per week at $25/hour after expenses, you could save around $800-1000/month. Skilled professionals in tech or finance can earn significantly more.

How do I calculate my side hustle hourly rate?

Track your total earnings and divide by hours worked, including admin time. For project-based work, estimate hours per project. Remember to subtract expenses and set aside 20-30% for taxes to get your true net hourly rate.

Should I reinvest side hustle income back into the business?

It depends on your goals. Early on, reinvesting in tools, training, and marketing can accelerate growth. Once established, you might save more toward your goal. A common approach is to reinvest 10-20% while saving the rest.

What's a realistic growth rate for a side hustle?

Most side hustles can grow 3-10% monthly through rate increases and efficiency gains. Exceptional growth (15%+) is possible but usually requires significant time investment or a scalable business model. Be conservative in your projections.

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