The Side Hustle Income Log

If you earn money outside your main job, you may have a vague sense of what comes in but not what you actually keep or how much your time is worth. This log helps you track a side hustle the way you would a small business.

You begin with an income stream setup page for each hustle. Each week, a log records the date, stream, hours worked, gross income, expenses and net, and works out your effective hourly rate. A two-page monthly summary breaks income down by stream and expenses by category, and quarterly business reviews ask which stream to build on and which to drop. An annual summary gathers the year's figures for tax preparation, and a mileage log at the back is useful if you drive for your hustle.

Sample pages show each layout filled in. Ask a tax professional how your records apply to your own situation.