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Home Financial Planning

10 Profitable Side Hustle Ideas to Find Financial Bliss

Susan by Susan
August 19, 2021
in Financial Planning
Reading Time: 5 mins read
1
people working on laptops at cafe

A side hustle could be what you need if you’re seeking a means to augment your current income. Side hustles are jobs you conduct on the side to supplement your income. Maybe you want to save money for a particular occasion or vacation, raise cash for a new work adventure, or put a down payment on a significant purchase or the side hustle is something you would like to do on a full scale if you earn enough money to quit your current work. This article will broaden your horizons about what you can do on the side to supplement your income.

 

  • Carpooling

Carpooling is one of the few occupations that you can do any time, from anywhere, and on your terms, if you don’t mind having people in your car. You may get started quickly by using platforms such as Uber and Lyft.

 

  • Food and Groceries Delivery

Aside from carpooling, delivering food, groceries, and other handy products is a trend growing everywhere and is a great means of extra income, especially when you don’t fancy having strangers in your car. To start, check out Instacart, Postmates, UberEats, DoorDash Etc., they are platforms where you can offer different delivery services.

 

  • Dropshipping

When you sell things on a website but don’t have any inventory, you’re said to be dropshipping. The benefit of this is that you don’t have to invest in owning or renting a physical space to store products, and you don’t need to be super skilled; basic internet knowledge is enough. You can also leverage social media if you have a good following to find clients that might need your products. Forbes says dropshipping is expected to have a global worth of over 500 billion US dollars by 2025, which means it can be a long-term job aside from being a hustle on the side.

 

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  • Create a Blog

Blogging is one side hustle to get started with if you have a way with words and a subject you’re enthusiastic about. Writing and website development are both required talents. You can begin blogging with a platform such as WordPress or Squarespace, and entries can be written utilising SEO techniques and shared on social media. It takes time to start and maintain a blog, but there is a huge prospect of earning up to a thousand US dollars monthly if done regularly, say three to five times every week. A blog practically has endless potential to grow, so it’s a good long-term side hustle!

 

  • Start Online Tutoring

If you can provide knowledge in a subject area that frequently requires tutoring, this might be a lucrative side hustle. Teaching the English Language to kids in other countries is one of the biggest increasing demand services. One of the advantages is the local time differences, which makes this a great idea for someone searching for something they can do at home, on their computer, late at night.

VIPKid, gogoKid, TutorMe, Tutor.com, Preply, and Wyzant are all wonderful places to start; however, these platforms want you to be a teacher or have a bachelor’s degree. Furthermore, you must be okay with teaching through a webcam, which means you’ll need adequate lighting and a clear camera for good visual output, and a microphone, as well as some high-tech digital prowess. According to PayScale, tutors can earn up to 40 US dollars every hour, but the average wage is around 18 US dollars every hour.

 

  • Work as an online freelancer

There are many ways to generate money freelancing online. You can make extra income from freelancing online if you can read and write articles, write codes, make 3D animation videos or are willing to learn a range of talents. You may even handle bookkeeping for other businesses from the comfort of your own home! Online transcription jobs (find podcasts that may need this), virtual assistant services, and even management of social media pages are all easy to get started with. The basic idea is that if you have prowess with tech or writing, the possibilities are endless. Proofread Anywhere and Transcribe Anywhere are wonderful platforms to get started.

 

  • Rent a car and put your house on the market

Renting out your car is one of the new ways to get extra money. You can rent out your car to others if you don’t use it very often or because you’re working from home. Turo, Getaround, Maven are platforms that enable you to rent your car on your terms. You determine the pricing and availability, so there is no need to worry about when you’ll need it. They also include insurance coverage. You can also list your house, room, garage, or any other area you have and can accommodate a visitor in the same way you can list your car. You only need to make your home or space inviting to possible guests, while these online platforms can do everything else online; Airbnb and Booking.com.

 

  • Babysitting or Dog Walking

Do you have a soft spot for children or dogs? Would you like to supplement your income by babysitting or dog-walking in your leisure time? What if you don’t know anyone who would be willing to pay you?

There are now apps that connect you with people that need your services. This Apps make it easier to find you and also adds to the trust factor. Care and Rover are two sites where you can acquire good leads. If you have the time and desire to do these jobs, they usually pay well for the required labor.

 

  • Participate in Online Surveys

Although the money from this is somewhat minimal, it may be used as a side hustle and can be done when you are less busy and in the comfort of your own home without the need for any sophisticated skills. Swagbucks Surveys and Survey Junkie are online platforms to take surveys and earn something.

 

  • Create your own YouTube channel

Forbes just produced a list of the highest-paid YouTubers for the year 2020. Although the chances of earning millions of dollars via YouTube are limited, many individuals supplement their income by creating videos about different things from arts to sports to fashion or even the latest gist. With just a high-tech phone, you can create your channel and start making videos. You may monetize your channel with Google Adsense once you have one thousand subscribers and four thousand hours of watch time. You can also earn money by including relevant sponsored content in your video descriptions.

 

Photo by Nikita Vantorin on Unsplash

Susan

Susan

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Comments 1

  1. kathleen Stagney says:
    4 years ago

    very informative.

    Reply

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