There’s never enough money that will satisfy from working a full time job. Let’s be honest, earning a few extra bucks than what you already make can cover up for the expenses that you sacrifice for the sake of saving. Alternatively, they can keep you from being completely broke at the end of the month.
Below are a list of side hustles that help you diversify your stream of income, and multiply your wealth.
Driving Rideshare
If you commute to work by car, then this means you have a well functioning mode of transport that you are failing to utilise. Having a personal car means that you have access to rideshare services, such as Uber, along with delivery services, such as the ones Amazon provides. You are just a browse away from putting your driving skills to productive use.
Airbnb hosting
Airbnb hosting may be the easiest side hustle that you opt, however, it requires you to have an extra space in your residence to host tourists. Airbnb is an online portal that allows you to rent out your room to travelers that are looking for cheap and temporary living arrangements. This is an exciting side hustle because you get to host and meet new people.
Blogging
If you are an aspiring writer, and love to write in your free time away from work, then you can turn your passion into a profitable blog. Websites like word press and other social media applications allow you to make your own blog and earn. Therefore, it’s time you start looking at a niche and begin your online writing side hustle.
Freelance
If you have any skill that is even slightly marketable, then you can register on any online marketplace and put your service up for bids. Websites such as Fiver are incredible platforms where you can market your skill and reach wide range of interested buyers from around the world.
Photography
Many people take photography lightly, and do not consider it a viable skill. Fortunately, the resolution smart phone cameras, along with amazing filters, offer you the opportunity to capture moments that sell. In the age of the internet, all you need is a good mobile phone camera, and a few tips on how to capture photos like a professional, to earn money as a photographer.
Private tutoring
There are few more satisfying jobs than spreading knowledge and tutoring. Amidst the Coronavirus pandemic, and the lockdowns of schools, the demand for online tutoring, and private tutoring is on the rise. Skype and Zoom are applications that allow you to teach others regardless of where you are in the world.
Dropshipping
Dropshipping is a way of running an e-commerce business, without having to invest too much. In this, you can sell a product to a customer without having to buy an inventory; this ultimately mitigates the risks and keeps you from the hefty investment of starting a business.
How does it do that? Well, you connect the manufacturer with the client that you hunt down, and the manufacturer delivers the product to the customer. Moreover, the manufacturer also handles the inventory, while you run the face of the company. Dropshipping also allows you to run a company in a completely different county from where you are located.
Petsitting
Do you love dogs? Then you would believe how much some dog owners are willing to pay you just to look after their dogs for a certain time. For many dog lovers, they would gladly do this dream job for much less.
Babysitting
Babysitting is an amazing side hustle for individuals that have the gentle care and touch of a mother. There is a huge market and demand for babysitters and parents will pay big money to spend some time out without having to worry about their little one. You can register yourself as a babysitter at online markets such as Craigslist if you think this side hustle is for you.
Day Trading
You have some spare money to invest. Why not become a part of a trading market. Whether it is stocks, foreign exchange, or even Cryptocurrency, you can find plenty of circulating money in these spaces that is up for grabs.
To Conclude
Side hustles are the best thing you can do with your time. Indulging in them does not only mean that you will earn more, but it will also teach you how to value your time.
Felix is the co-founder of GrowthBoost, an online journal covering the latest software and marketing tips for entrepreneurs. Alongside digital journalism, Felix recently graduated from university with a finance degree and enjoys helping students and other young founders grow their projects.