taye2) 10 best side hustles to make extra money
10 best side hustles to make extra money
Nearly everyone could stand to benefit from a little extra income, but sometimes saving extra money and having a full-time job aren't enough. Good side hustles build recurring revenue streams that go a long way in earning extra income.
Side hustlers come from diverse backgrounds and sell a wide range of products. They're scrappy, experimental, and view resource constraints as a thrilling challenge, not as a sign to give up.
If you're looking to make extra income, here are a few side hustle ideas:
1: Participate in paid online surveys
There are countless companies and market researchers that want to know what people think of their products and services. Websites like Branded Surveys, Swagbucks, and Survey Junkie have a ton of surveys you can get paid to take. Filling out surveys probably won’t pay your bills, but it can pad your pocket with extra money for the weekend.
2: Get paid to test apps and websites
Nothing will halt business faster than a website riddled with issues or an app that doesn’t work. So developers get testers to go in and push all the links and play with all the buttons to make sure things work before they go live. Guess what? You can get paid for that.
Matchmaking sites like UserTesting, UTest, Userlytics, UserCrowd, and Enroll can connect you with a ton of website- and app-testing gigs. Some competitive gigs even offer $100 for a 60-minute test, so there is money to be made here.
3: Deliver food
As with grocery delivery, food delivery has become increasingly popular over the past couple of years. Food delivery is an easy-to-start side hustle, with a ton of apps like UberEats, DoorDash, Grubhub, Postmates, SkipTheDishes (Canada only), and Menulog (Australia and New Zealand only) where you can sign up to become a driver.
4: Become an affiliate marketer
Affiliate marketing is when you advertise someone else’s products or services on your platform and get a commission from any sale that comes from your referral (usually through a unique link or code). This is a great way to combine side hustles.
If you have a podcast, are an influencer, or have a store of your own, get into affiliate marketing. It’s a great way to gain some passive income while you’re either working on a different side hustle or working on your passions.
To get started, go to an affiliate marketplace like Leadpages, ConvertKit, ClickBank, or ShareASale and find the right products for you. And if you’re a content creator, course educator, or influencer working in the world of ecommerce, the Shopify Affiliate Program might be a great side hustle.
5: Tutor online
Teaching is one of the most rewarding opportunities, and with online platforms like Cambly, TutorOcean, Preply, and Learn to Be, it’s easy for anyone to tutor students online. Some young entrepreneurs even start freelancing while in school. Services like tutoring and exam prep are so popular in universities among student freelancers that the test-prep market is expected to grow at a rate of 6% annually until 2027.
6. Walk dogs and pet-sit
These days, people treat their pets as members of the family—so there’s a growing demand for reliable people to take care of their furry loved ones. In the past, finding clients was the hardest part of becoming a dog walker or pet sitter, but with apps like Rover, Wag!, PetSitter.com, and PetBacker, it’s easier than ever to find good clients in need of a hand.
7: Start a blog on Substack
Blogging has long been a popular side-hustle, but monetization can prove challenging. That’s why more and more bloggers are turning to Substack, a platform where independent writers can publish their work directly to their audience and get paid through the use of recurring subscriptions.
This allows bloggers to build an audience over time and maintain a regular stream of monthly income, without having to rely on intrusive ads, sponsorships, or finding freelance writing gigs.
8: Start a podcast
Podcasting, like social media and blogging, has become a staple of the broader world of online content. In fact, podcasts have been growing more popular each year since their creation.
Podcasting is comparatively cheap, too. A decent USB microphone (many of which are sold specifically for podcasting) can be purchased for less than $100, and recording platforms like Audacity are free and easy to use.
9: Start a dropshipping business
If you like the automated aspects of print on demand but are more interested in marketing and operations over creating custom designs, consider starting a dropshipping business.
Dropshipping is another online business model where a third party manufactures and ships existing products for you. All you have to do is set up your store, price your products, and market the business.
Dropshipping is also a low-risk opportunity because, again, products are only shipped when they’re purchased, which leaves plenty of room for profit, so long as your marketing expenses are reasonable. You can also dropship on marketplaces like Amazon and eBay to reach more customers.
10: Start a YouTube channel
YouTube has more than two billion users who watch 250 million hours of videos every single day. Building an audience big enough to profit from YouTube ads takes a lot of time, which is why it’s better to find a more direct connection to revenue than to wait for ads to become viable. Luckily, there are a ton of ways to make money on YouTube that go beyond paid ads.
Thank you for exploring the ten best side hustles to make extra money with us today! We hope this comprehensive list has provided you with valuable insights and inspired you to take action towards achieving your financial goals. If you found this information helpful, don't forget to like this video and subscribe to our channel for more content on personal finance, entrepreneurship, and self-improvement.
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