← Glossary/Finance
Upside
How big something could get if it goes well, rather than what it pays you right now.
Example
A Saturday shift pays $9 an hour this year and $9 an hour in three years. One phone-case design that people like can sell two hundred times while Nadia is asleep.
How it fits in
Upside is one of five things worth comparing before choosing how to earn, alongside who pays, the skill needed, the risk, and how long until the first payment arrives. High upside almost always comes with a longer wait and a bigger chance of earning nothing, and that trade is its honest cost. Routes with no upside are not bad routes. Steady money arriving next Friday is worth a great deal when you have none.
Where this is taught
Related terms
When the money you earn from saving starts earning its own money on top.
Interest paid only on the original amount, never on the interest you have already earned.
Needs are the things that keep you safe and well. Wants make life nicer. Mixing them up is what empties most budgets.
