Are you looking for ways to make extra money on the side while maintaining your day job? Are you looking for ways to save up more money for an emergency fund or to have a little more money in your pocket? Look no further; there are many opportunities available to help you supplement your income.
This article discusses various ways you can make extra money on the side, the purpose of side hustles, and the types of side hustles.
What is a side hustle?
A side hustle is a small business you can start alongside another, usually more stable, job. Note, that starting a business of any type requires a certain amount of dedication, business know-how, and motivation. If you’re like many people looking for a side hustle, perhaps you’re searching for something flexible you can do around other obligations, want to make more money, or feel the drive to bring a passion into your career trajectory. If you have entrepreneurial aspirations, you can even plant the seeds for a future full-time business by launching a side hustle first. Maintaining a steady job during this transition can offer financial security as you explore what it’s like to become a small business owner.
What is the purpose of starting a side hustle?
Note that it is very important to know that before starting your side hustle, you need to identify your “why.” This intangible element can help guide you in choosing what you’ll do, motivate you throughout the process, and ensure your side hustle aligns with your goals. The following are the examples of achievements that you may look into:
To earn more money.
For express creativity
To have more fun
Easy participation in a community
To learn more about running a business
Help to create a Launchpad for full-time self-employment.
What are the types of side hustle?
Once you have clarity on your goal, it’s time to find your idea. With your objective in mind, read through the ideas below and notice if anything interests you.
Also, be sure to keep your skill set in mind. A side hustle is a great place to use hard skills you already possess to guide you toward your goals and a mechanism to practice skills you develop further.
What is the best side hustle?
The following are the best side hustles:
. Freelancing.
Freelancing is among the best side hustles, according to job site Indeed. However, like any other job, what’s “best” for you is subjective. Ultimately, you want something that will help you reach your goals, fit into your available schedule, and use your skills and talents in ways you find enjoyable.
. Digital Creation
Freelancer as a digital creator allows you to earn more money using your professional and creative skills. You can help create websites and other digital design projects or post on social media accounts. Some examples of digital creation side hustle include social media management, digital marketing, and website development.
1. Social media management
Here, the average hourly rate payment is
$31.00
Social media managers help businesses create and manage their social media presence. You might engage in tasks like developing strategy, creating content calendars, copywriting, and more. Social media can be a crucial part of a business’s marketing strategy, and they’re often willing to pay for expertise.
2. Digital marketing
The average hourly pay rate for a digital marketing is $25.00.
Digital marketers help businesses create and manage their online presence. You may be responsible for tasks like building Google or facebook ads, creating SEO content, or developing email marketing campaigns
3. Website design
The average hourly pay rate of a website design is $35.00.
Web designers are responsible for a website’s aesthetic appeal and usability. In addition to the technical skills required to update a website, you’ll typically need a background in design, user experience (UX), or user interface (UI).
4. Website development
Note, the average hourly pay rate of a website development is $45.00
If you are talented at the technical skills aspects of building and maintaining a website, you may want to consider a side hustle as a web developer. As a web developer, you will code and configure websites on the backend and develop functionality on the front end. After building the site, clients may maintain a contract with you to cover site maintenance.
Professional services: Side hustles from home
If you have the right skill set, you can launch many of the listed side hustles right from home. Note, that here no formal office is needed. In many cases, if you have an internet connection, that’s all you need to begin. A few options include accounting, tutoring, proofreading or copyediting, transcription services, virtual assistant, or audiobook narration.
5. Bookkeeping
The average hourly pay rate of a bookkeeping is $24.00.
Bookkeeping involves balancing checkbooks and reconciling budgets for businesses. It doesn’t require formal education, though you’ll want to be comfortable with basic math and know how to use bookkeeping software.
6. Proofreading or copyediting
The average hourly pay rate of proofreading or copyediting is $29.00
As a freelance proofreader or copyediting, you can work on a per-project basis to review written projects for errors and mistakes. You may find long-term projects and continue with one client, or you may take smaller projects and work with many different types of clients.
7. Transcription service
The average hourly pay rate of a transcription service is $20.00
As a transcriptionist, you can provide clients with a clean document created from an audio file. You can work with platforms online like TranscribeMe or Rev.com and offer transcription in your spare time, or you can start a side hustle as a medical transcriptionist.
8. Virtual assistant
The average hourly pay rate of a virtual assistant is $24.00
As a virtual assistant, you can help clients with administrative tasks remotely, such as scheduling meetings, making phone calls, or managing email accounts. While you may not be able to set your own hours as a virtual assistant, you will be able to work from home.
9. Audiobook narrator
The average hourly pay rate of audiobook is $20.00
In this side hustle, you will use your voice to bring stories and other writing to life in audiobooks. Depending on the type of audiobooks you create, you may use different voices for various characters or incorporate voice acting to add suspense, gravitas, humor, or other emotions.
10. Affiliate marketing
The average hourly pay rate of affiliate marketing is $23.00
Affiliate marketing is where a third party advertises products on behalf of a company, receiving a small commission when they refer a customer or when a customer makes a purchase. You can choose the products you market, and you may be able to find affiliate marketing in nearly any industry you’re interested in.
11. Tutoring
The average hourly pay rate of a tutoring is $35.00.
If you enjoy working with kids or teens and enjoy learning, you may like tutoring. You can personalize your services in many ways, including focusing on a specific subject or age group or offering virtual or in-person tutoring
Side hustle jobs that get you out of your home
In some cases, you can use your professional skills to work a side hustle that gets you out of your house and working in another location. For example, you could consider babysitting, dog walking, junk hauling, or party entertaining.
12. Babysitting
The average hourly pay rate of a babysitting is $18.00
Consider babysitting if you’d prefer to play with kids rather than teach them. You may also want to look into part-time nannying to find a babysitting job with more consistent hours. For this side hustle, you may want to bolster your credentials (and emergency preparedness) by getting certified in first aid and CPR.
13. Dog walking and pet sitting
The average hourly pay rate of a dog walking and pet sitting is $17.00
Dog walking offers a way to profit while taking a daily walk in or around your neighborhood. Plus, when your regular clients go out of town, you may have a built-in opportunity to boost your earnings by pet sitting for extended periods.
14. Junk hauling
The average hourly pay rate of junk hauling is $15.00
Use your physical strength to help people get rid of things they no longer want. If you know how to navigate your city’s waste and disposal procedures—and have an adequate mode of transportation—a junk hauling service may be the right side hustle for you.
15. Party entertainer
The average hourly pay rate of party entertainer is $17.00
People hire party entertainers to do magic, dress in costume, or perform at parties—often children’s birthday parties. If you do well with a crowd or have a slew of party tricks up your sleeve, you may be a natural entertainer.
Artistic and creative side hustles
If you have a creative passion, you may be able to translate it into a side hustle. Many people start a side hustle to monetize a hobby or add that specialized skill set to their resume in a more formal capacity.
To make these side hustles financially worthwhile, you’ll likely want to factor upfront costs for materials and the time you spend creating into the overall cost you’ll charge for your products. If creativity is a priority for you, consider options like crafting, flipping furniture, photography, graphic design, content creation, or baking.
16. Crafting
The average hourly pay rate of a crafting is $19.00
Sites like Etsy and Shopify make it easy for casual crafters to turn their hobby into a business. Whether you make jewelry, pottery, cards, or anything else, you could set yourself up with an online shop. You could also rent space at a craft show or farmer’s market to showcase your handmade goods.
17. Flipping furniture
The average hourly pay rate of a flipping furniture is $21.00
If you prefer large-scale projects, you might make a business out of repurposing second-hand furniture. With this side hustle, you purchase used furniture needing repair or attention and refurbish it into a ready-to-use product. You can then sell that piece at a profit because of the work and value you’ve added to it.
18. Photography
The average hourly pay rate of a photography is $63.00
Since many people schedule weddings and birthday parties on weekends, you could run a part-time photography business while maintaining a full-time job on weekdays. You could also sell prints and digital copies of your photos that customers can order printed on canvas or goods like mugs and t-shirts.
19. Graphic design
The average hourly pay rate of a graphic design is $27.00
If you are skilled in digital design, consider a side hustle as a graphic designer. You can find gigs on websites like Fiverr or Upwork or have your designs printed on apparel, stickers, and other products and sent directly to customers using services such as Redbubble. You can learn graphic design fundamentals through the graphic design specialization.
20. Content creation
The average hourly pay rate of a content creator is $56.00
Consider becoming a content creator if you like the idea of building a community. It can take a bit of time before your audience is large enough to monetize, but the payoff for creating a successful podcast, YouTube channel, or Instagram account can be huge.
21. Baking
The average hourly pay rate of a baker is $15.00
You may need to navigate state laws regarding the sale of food, but if you enjoy baking, it may be worth bringing your kitchen up to code to start this side hustle. You’ll want to research cottage food laws in your area. These laws determine what and how you can sell home-baked goods made in an unregulated kitchen.
Sales side hustles
You can start a side hustle selling or reselling items online or in person. For example, you could resell vintage clothing, overstock pallet goods, or start a dropshipping business.
22. Reselling vintage clothing
The average hourly pay rate of reselling vintage clothing $16.00
You can turn shopping into a side hustle by reselling the clothes and accessories you find while browsing your local thrift shops. To reach a wider audience, some people with an eye for fashion will open online vintage shops through sites like Instagram, Etsy, Depop, or Shopify.
23. Reselling overstock pallets
The average hourly pay rate of a reselling overstock pallets is $33.00
Also known as pallet flipping, you can purchase pallets of unclaimed mail, items returned to stores, or overstock goods to resell. With this side hustle, you can control your risk by purchasing from trusted sources and focusing on items you know you can resell. For example, you might feel confident reselling electronics and decide to look for pallets containing that type of merchandise.
24. Dropshipping
The average hourly pay rate of dropshipping is $20.00
Here, dropshipping offers a way to create an online retail store while outsourcing many of the operations a traditional retail store must manage. You can focus on creating and marketing a storefront and let others handle warehousing inventory or managing shipping when customers make a purchase.
Fitness side hustles
If you enjoy physical movement or want a side hustle that helps others get some exercise, you could consider working as a fitness instructor, a referee, a local coach, or lawn care.
25. Fitness instructor
The average hourly pay rate of fitness instructor is $26.00
In becoming a fitness instructor, you’ll find a wide range of niches you can pursue, from yoga to spin to strength training. However, you will likely need to attain specific certifications or complete training programs to begin this side hustle.
26. Referee or coach for local sports
The average hourly pay rate of a referee or coach for local sports is $21.00
If you played a sport in high school or college, you might be able to pass down your love of the game as a referee or coach for your local sports teams. Check with your town’s parks and recreation department to learn about opportunities.
27. Lawn care
The average hourly pay rate of a lawn care is $17.00
You may enjoy mowing lawns if you prefer a more methodical side hustle. One benefit of this side hustle is that people with lawns tend to need them cared for fairly regularly, so you’ll only need a couple of clients to fill up your part-time schedule