A few extra bucks in one’s account, always helps. And thanks to the presence of the Internet, earning them is no longer difficult. Whether you are saving for a home, or for a trip that has been on your mind since long, a side hustle gives you the much-needed support that goes a long way in fulfilling life’s crucial needs and wants.
A side hustle allows you to make more money than your regular job and also pursue your passion at the same time, contributing towards reducing your financial burden. Here’s a list of the top side hustles that can be done to support your wallet.
If writing is your thing, and if you can put anything under the sun to words, blogging is a fun way to earn. When done right, blogging hardly involves any additional expense and goes a long way in creating a new source of income. On having a large follower base, one could also collaborate with different relevant companies thereby upping your game.
Offering your services to complete writing assignments for companies or individuals, freelancing, just like blogging, involves hardly any expenditure. The client sends details of articles needed and you get paid on completing them.
Renting am extra room, in or outside your house on sites like Airbnb, is a quick way to earn extra bucks. In fact, some do this as their primary source of income. It hardly involves any effort or any extra costs on your part.
4. Affiliate Marketing
This side hustle, when done correctly, rewards with a considerable inflow of income. Affiliate with reputed companies that have a sound payment process and also determine commission rates that suit your needs. Consistency is key in affiliate marketing. However, if done wrongly, it involves faster burnout due to considerable struggle.
5. Create a course online
Whether you have specialized knowledge, or know any particular art or skill in good depth, creating an online course in the same and selling to potential individuals on sites like Udemy or SkillShare, is a great source of passive income. Also, one course can be sold to multiple users, thereby making cost recovery easier, though this method hardly involves any investment.
One of the best ways to side hustle, this method involves selling products to the customers directly, without actually buying any inventory. Shipping is done by the manufacturer. One of the easier ways to become an entrepreneur, dropshipping allows you to pursue the business you really have passion for. For example, if you love shopping, you can sell clothes online.
7. Take part in Focus Group Discussions
A lot of marketing companies hold focus group discussions to understand consumer behavior and draw inferences. Participating in such dialogues help understand a lot of marketing perspectives and help the participants earn some passive money.
8. Offer Virtual assistance
If you are organized and can afford to spend more time on your side hustle, try becoming a virtual assistant. Its basically a personal assistant working from home. They are asked to conduct a range of activities like managing diaries, social media accounts, administration etc. The income earned here is more than decent albeit it depends on which company hires you.
9. Become a Mystery Shopper
This involves shopping secretly and detailing experiences with the seller. It can be done physically in a shop or even online.
10. Social media Management for small businesses
Every business needs a social media presence. Without it, a business usually is out of sight, especially newer and smaller businesses. Involving social media marketers seem to be the thing these days. This helps earning some good amount of cash and also does not involve any major expense.
Apart from the ones listed here, there are a lot of other ways that can support your existing income. For example, selling items online, tutoring, writing an e-book, developing an audiobook, learn and teach a new language etc. Some involve a good investment, while some take time to start earning from it. So depending on one’s position and economic availability, one can easily juggle between two or sometimes even three jobs.