In today’s world, having a side hustle can provide you with that extra cash you need for various financial goals. Whether you want to save for a big purchase, pay off debt, or simply have more disposable income, a side hustle can help you achieve those objectives.
While the ideal scenario would be to have a passive income stream or turn your side hustle into a full-time career, even if you continue with your main job, a side hustle can be a great way to make money doing something you enjoy.
A side hustle is an additional job or gig that you do alongside your primary employment. The best side hustles are those that don’t require a significant time commitment, offer flexibility in terms of when you work, and have the potential to generate a decent income. Here are some top side hustle ideas to help you earn more:
1. Selling items in an online marketplace
Platforms like Poshmark can help you sell new or used fashion items for a higher price point, allowing you to earn more for your efforts.
You can also consider buying top items directly from clients to increase your profit margin. Make sure to take high-quality photos, write detailed descriptions, and price competitively to attract buyers.
2. Become a virtual assistant
If you have skills in administrative tasks like organizing files or managing calendars, you can offer your services as a virtual assistant on platforms like Fiverr or Upwork.
Virtual assistants can charge based on the complexity of the task and the amount of work involved, making it a flexible and potentially lucrative side hustle.
3. Speaking engagements
If you have expertise in a particular field, consider offering speaking engagements at conferences or events. Establishing authority in your niche and growing your audience can lead to paid opportunities to share your knowledge.
4. Tutoring
Use your knowledge to help others excel in subjects like standardized tests or academic exams. With the rise of online tutoring platforms, you can conduct sessions from the comfort of your home.
5. Freelance writing
Freelance writing in a specialized field can be a lucrative side hustle. Establish a reputation for quality work and scale up your services as demand grows.
6. Open a mobile business
Consider offering services like mobile window repair or car detailing that cater to customers’ convenience. You can schedule appointments outside of regular hours and expand your offerings over time.
7. Work as a ride-hail driver
Driving for ride-hailing services like Uber or Lyft can provide flexible earning opportunities, making it an attractive side hustle for those looking to supplement their income.
8. Move stuff
Help people with moving heavy items or storing belongings during relocation. Offering your services as a mover can be a physically demanding but rewarding side hustle.
9. Set up an online store
Launch an online store through platforms like Shopify to sell products and generate passive income. Building an online store requires time and effort but can be a profitable venture in the long run.
10. Dog walking
Walking dogs can be a profitable side hustle, especially in urban areas where pet owners may not have time to exercise their pets. You can scale the business by walking multiple dogs at once.
Whether you choose to walk dogs, offer virtual assistance, or sell items online, the key to a successful side hustle is consistency and reliability. Building a reputable brand and delivering quality service can help you grow your side gig into a sustainable source of income.
Remember, it may take time to see significant results, but with dedication and perseverance, your side hustle can evolve into a profitable venture.
Note: Bankrate’s Rachel Christian and Georgina Tzanetos contributed to an update of this story.