Risk: High

Starting a side hustle with Meta Ads can be risky for beginners with limited funds. There is a potential to lose money invested in ad campaigns that may not generate desired results. Beginners often struggle to understand the intricacies of ad targeting and optimization, leading to wasted time and energy. Some startup costs such as ad spend and tools may not immediately pay off, especially without prior experience. Online discussions mention beginners losing money due to ineffective strategies and lack of knowledge. I'd rate the risk a 1 out of 3 because beginners often face challenges in achieving profitable results and may end up losing money without proper guidance.