Live data from Hacker News

Ask HN: Do you have an unusual income source

news.ycombinator.com

1–10 of 46 posts

Ask HN: Do you have an unusual income source

#1
Most of use here are wage earners. I keep hearing of people making money with interesting side hustles. Like my neighbour rents graduation gowns for the local university. I'd love to find something like that but I need inspiration.

Re: Ask HN: Do you have an unusual income source

#2
I'd keep in mind that even though someone may find an activity profitable, it's often largely affected by the local laws and tax policies.

For example are a myriad of 10s-100s of bucks/month I could theoretically make that have demand and in many countries someone might do, but here it's

1) required to have a company

2) static taxes are several thousand/year

3) dealing with requisite liabilities and insurance lifts the monthly fees to some hundreds/month

So check those first before diving deep

Re: Ask HN: Do you have an unusual income source

#4
I somehow ended up on the government's poor people list despite being nowhere near poor, from my rural hometown, and I get enough money for a handful of AI subscriptions (to give you an idea) through the direct benefits program. I also get "for the family" notebooks and bags at the start of the school year, a phone every few years, a mixer-grinder now and then, sweets once a year, and more similar, all beautifully adorned with our chief ministers face. In practice I give the coupons and gifts away to one of the others in that rural area, and only keep for myself the box of sweets if I happen to be there - I live primarily in the city.

The local politicos know this mistake but weren't able to get anyone to fix it and remove me from the list. By now, they automatically know not to deliver the goodies to our address.

But as of the last couple of years, the money automatically shows up in my bank account, it's been digitized. So yeah it's an "income source" of around 13k INR a month. And I get credits back in the bank account as well for the cooking gas we consume, which is small since we don't live there much.

When I visit that bank next, I hope to get the whole damn thing cancelled. Hopefully the digitisation also means more quickly being able to cancel it.

Re: Ask HN: Do you have an unusual income source

#7

I somehow ended up on the government's poor people list despite being nowhere near poor, from my rural hometown, and I get enough money for a handful of AI subscriptions (to give you an idea) through the direct benefits program. I also get "for the family" notebooks and bags at the start of the school year, a phone every few years, a mixer-grinder now and then, sweets once a year, and more similar, all beautifully ad…

Which Indian state is this? I'm assuming something southern.

Re: Ask HN: Do you have an unusual income source

#8
For small and occasional activities it may be worth asking a tax professional how the local laws treat hobby income. In the past it has simplified my declaration of tax activity by avoiding business red tape for that class of income and I could declare expenses against it at small scale. It does have to be occasional or unserious enough to be classed as a hobby.

Re: Ask HN: Do you have an unusual income source

#9
I think stuff like this needs to grow organically from a combination of passion and (social) opportunity. You may want to look around where you live, for gatherings, events, markets, and take the time to see if something speaks to you?

Modern life for many is too fast. We can consciously slow down and feel and listen and explore, and if we practice enough we can do that without pressure or direct goal, and then when you don’t expect it something will show up that matches.

I doubt your neighbor started with the idea.

Re: Ask HN: Do you have an unusual income source

#10
post #7

I somehow ended up on the government's poor people list despite being nowhere near poor, from my rural hometown, and I get enough money for a handful of AI subscriptions (to give you an idea) through the direct benefits program. I also get "for the family" notebooks and bags at the start of the school year, a phone every few years, a mixer-grinder now and then, sweets once a year, and more similar, all beautifully ad…

Which Indian state is this? I'm assuming something southern.

My guess is Tamil Nadu ?
Post reply on HN