Everyone can use more money, whether it is for a down payment, a wedding, student loans, paying a debt, or rainy day savings. A day job pays for essentials, but a little extra cash can go a long way. A side hustle from home makes a difference while giving some freedom. Here are some of the best side hustles to help make money.
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What is a Side Hustle?
A side hustle is a way to make money outside of a 9-5 job. People who have side hustles have the freedom to pursue passions, buy more things they need or want, and lower financial worries. Most 9-5 jobs don’t pay the bills, especially for those just starting out in a career, what with the cost of rent, food, and transportation. A lot of people don’t have anything left over.
Financial growth is always capped. For example, getting a bonus of a few hundred dollars a year with a 1% salary increase on a $30,000 salary is hardly enough to life the dream life. Starting a side hustle helps make a couple extra hundred or thousand a month. A side hustle can help make more money today, tomorrow, or five years from now, and can change a $0 bank statement into something greater.
These are the best side hustle ideas to help make more money while working from home.
How to Develop a Successful Side Hustle
Many people do not know where to start when thinking of a side hustle. Fortunately, here are a list of steps to develop a successful side hustle right away.
- Make a list of what you’re interested in
A side hustle will be done on each person’s own time and outside of office hours, and will take a lot of motivation and energy, so it must be loved. Brainstorm side hustle ideas around interests, hobbies, and skills to discover the best business to start.
- Decide early if you will invest money
While they shouldn’t cost too much money, side hustles may require some investment upfront for things like hosting, branding, tools, and advertising. Be aware of what will be spent before it’s spent, and plan accordingly.
- Make sure there are no conflicts of interest
A day job or a connection could lead to a conflict of interest with a side hustle, in which case it is best not to continue with it. Try something else or shelve the idea for another time.
- Schedule time for your side hustle
Side hustles take time out of a day, so ensure everything is going right and set aside time regularly for it. Outline actionable goals. For those who have day jobs, aim to give three or four evenings a week and perhaps some hours on weekends to the side hustle.
- Don’t forget about your day job
Remember to put 100% into the day job, as this is where most of the money is coming from to pay bills. Trying to juggle a day job and a side hustle within the 9-5 hours can lead to disaster.
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10 Best Side Hustle Ideas That Will Make You Money
1. Start a Dropshipping Business
Dropshipping is one of the best side hustle job ideas, as it allows entrepreneurs to sell a product directly to a customer without buying any inventory. There’s no need to invest any money to buy products, which make it low risk. The manufacturer carries the inventory and ships it to the customer. The entrepreneur’s main focus then is marketing and customer service. This is a great side hustle for those with a strong marketing background.
Dropshipping allows people to start a business within any of their passions. Home decoraters can sell home décor products. Fashion lovers can sell clothing. Beauty gurus can sell makeup and other beauty products, and build a following with tutorials. Almost any niche is possible with dropshipping. Creative types can run wild with their ideas, as they are the owner of the business and have the final say.
Dropshippers can make a couple thousand extra dollars or higher, depending on how much effort is put into the business and marketing.
A great way to start a dropshipping business is the sign up for Oberlo on Shopify. Users can choose from millions of products to start selling. It also automates several parts of the business process. Add products with a simple one click and process orders with the same action.
2. Begin Freelance Writing
Freelance writers can make money from home by trading their time for money, which caps how much they can make. Still, freelance writing is a side hustle that allows writers to predict how much money they can make. Set up a contract with a client or two to know exactly how much money can be made. Make sure to charge based on the value brought, as most freelance writers undercharge, resulting in a fast burnout with little payoff.
Freelance writers can make an extra $500 – $3,000 a month, depending on article rate and how many articles can be produced in their spare time.
Freelance Writing Tip: the best freelance writing opportunities are on ProBlogger. For freelances just starting out, some good sites to focus on building a portfolio and skillsets are Fiverr, Craigslist, or Upwork. It’s easier to land the first few clients on those websites.
3. Become an Affiliate Marketer
Affiliate marketing can either make a lot of money or nothing, as it’s not just about finding the right product to
How much money this side hustle can make depends on what product is being sold and what affiliate network is used. An affiliate marketer for Shopify could potentially make an extra $2,000 for every referred merchant.
Affiliate Marketing Tip: ask the affiliate program or content creator for assets to help market, such as lead magnets or free tools to help incentivize people to purchase. These tools can help ease a potential customer from a cold lead to a warm one.
4. Be part of the Gig Economy
For those whose 9-5 job pay fluctuates and who don’t have a predictable income, side gigs are a good choice. Gigs can be created on Fiverr or Upwork. Types of products can vary, which is great for those who love the variety and switching things up. Depending on the gig and what platform is used,
Gig Economy Tips: since platforms like Fiverr are dependent on reviews, for those starting out, pay a friend to buy a gig and review it after completion. This allows giggers to have a high star rating and get customers. Without ratings it can be hard for clients to trust first time giggers.
5. Start Blogging
Blogging is a great side hustle to do from home or anywhere else in the world, as it allows bloggers to build a personal brand while owning their own asset. A singular niche to write about such as yoga, beauty, business, or cars allows bloggers to build an audiene who share the same interest. Monetize the blog through affiliate links, sponsored posts, or adding a shopping link to a dropshipping store. Bloggers make nothing in the morning, but bloggers who stick to it past the first few years often make enough money to quit their jobs and do it full time.
Blogging Tip: for those passionate about blogging, create an online store that can be monetized and add a blog onto it in order to start monetizing the asset before building an audience. The combination of content and commerce is powerful. As the blog grows, use retargeting ads to monetize blog traffic and land more sales. Getting out regular, quality content can bring a lot of traffic that will be easier to monetize.
6. Sell Information Products
Selling information products requires some research, invested time, and marketing skills in order to flourish. For those who know a lot about popular topics, they can be monetized by creating content around it. Publish books on Amazon or sell courses on Udemy. How much money can be made depends on the niche, marketing execution, and a variety of other factors; but a side hustle like this can bring in a few thousand dollars each month. Most often though sellers have created several different pieces of content.
Selling Information Product Tip: focus on niches where people have big problems they need solved. For example, with a fitness niche, create fitness workout courses or diet plans with a recipe ebook. Provide value by helping people solve problems with content that guides them towards a solution. Make money while helping people!
7. Become an Instagram Influencer
Many people dream of becoming famous, but not everyone can sing or act. Fortunately, individuals can build a personal brand around what they can do, such as having great fashion sense or baking delicious treats. Anyone can start a side hustle by being an influencer on Instagram. For those who don’t like being in the spotlight, they can build a following around their dog or their photography. Monetize the Instagram account through sponsored posts, Instagram takeovers, or selling a product. The average influencer charges between $200-$400 per post, but this varies based on audience size.
Instagram Influencer Tip: Be consistent in the type of content posted, frequency of posts, and when to post. Instagrammers gain followers when people know what they can expect from a page. It will not be possible to monetize right away, so invest time into growing followers by posting several times a day, every day.
8. Become a Virtual Assistant
Virtual assistants work in remote locations, as opposed to a company’s office, and help with tasks like administration, social media, bookkeeping, and more. The demand for virtual assistants has been growing as business owners need help on various projects. A virtual assistant can specialize in countless areas, and there are countless businesses around the world who rely on virtual assistants for growth and maintenance of brands. Most virtual assistants trade time for money, so they could be a cap based on number of hours or work done each week. Set a total monthly earning or get paid by the hour. Some assistants make minimum wage while others may make $35/hour depending on skills and experience.
Becoming a Virtual Assistant Tip: when starting out, find clients on popular websites like Upwork. For better results, however, branch out as an independent contractor. Join popular Facebook groups for businesses or online retailers to offer services.
9. Sell Your Photography
For those with a camera and some basic Photoshop skills, photography can be a good side hustle. Pictures of a city can be sold to local publications such as a city newspaper or blog, and sites like Foap allow users to sell phone pictures. Money can also be made by adding photography to products like canvases, t-shirts, and phone cases. Other avenues are wedding, pet, or product photography. Selling pictures online can make a couple extra hundred or thousand dollars a month, and wedding photography can make a couple thousand or more per event.
Photography Tip: when selling photography on a stock photo site, the more pictures taken and uploaded, the better the chance of being found. Use the right tags so people can easily find photos.
10. Get a Part-Time Job
A part-time job is good for those who would like to trade time for money. These include dog walking, babysitting, waiting tables, receptionist, administrative assistant, or barista. Part-time jobs can also be found within a current industry. For example, a full-time marketer can take on a social media gig. The only trouble to part-time jobs is that a lot of time must be invested for money, and total earnings get capped. Most part-time jobs pay around minimum wage, though there are some that pay on the higher side.
Part-Time Job Tip: Browse job sites to find side jobs to do on evenings or weekends. Be sure to pick a job with a flexible schedule to avoid burnout, as most people are tired after a full work day.
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A side hustle can help make extra money each month and can help develop new skills, build a personal brand or portfolio, and help achieve more freedom. Take a risk and start a business, or pursue a hobby. Side hustles are the best way to set the terms for living life. A little extra money can make dreams come true.