Money. Who wouldn’t benefit from a little more of it? A little extra money can go a long way, whether you’re saving for a down payment, planning a wedding, trying to pay off debt – ugh, will those student loans ever go away? – or putting money aside for a rainy day.
Your daily work may be able to help you in meeting your financial commitments. A side hustle from home, on the other hand, is the game-changer that will put money in your pocket while providing you with the independence you’ve always desired.
Every side hustle begins with an idea.
Because a lack of good ideas is a common excuse I hear from readers and listeners, I created this comprehensive list of side hustle ideas to help you get your juices going.
The beauty of these side hustle ideas is that they don’t always need a big initial investment or even a highly specialized skill set. Not all of these are “business ideas,” but they all have the potential to make you money in your free time.
Five Side Hustle Ideas To Earn Some Extra Money
All of these Side Hustle ideas can earn you anywhere from $50 to $50,000 per month, depending on how well you implement them. So, here are some of the top sides hustles to help you earn extra money.
#1. Being As An Affiliate Marketer
Affiliate marketing is one of those long-term side jobs that pays nicely. However, before you can start generating money with affiliate marketing, you’ll need to go through a learning curve. It’s not just about finding the appropriate product to sell; it’s also about partnering with the right brand.
Your commission will certainly be lower if you choose to be an affiliate marketer for eCommerce businesses rather than dropshipping them yourself. On the other hand, some tech companies are willing to offer a high commission to affiliates who bring them, new customers.
How Much Money Can You Make With This Side Hustle?
It is dependent on the product you are selling and the affiliate network you are using. For example, if you’re an affiliate marketer for a tech company like Shopify, each customer you referred could earn you an additional $Five8. With just 20 referrals, you could earn more than $1000. Superb!
#2. Start Blogging
Blogging is a great side hustle business that you can pursue from home. It allows you to create your own unique brand while also owning an asset. You can even write about your hobbies and interests. Starting a blog in a niche you’re familiar with helps you connect with people who have the same interests as you.
Popular niches for establishing a part-time blog include tech, politics, yoga, business, beauty, and sports. Adding affiliate links to your blogs or linking to your online store where you sell dropshipping products are two methods to make money from blogging. Alternatively, you can use Ads on your blog from large Ad Networks like Google AdSense.
How Much Money Can You Make With This Side Hustle?
You’ll make nothing in the beginning. However, some bloggers who persist over the first few years have generated enough money to quit their day jobs and devote their time to blogging full-time.
#3. Become a Virtual Assistant
A virtual assistant is a person who works from home rather than at a company’s office. They can help with administrative work, social media management, accounting, and other tasks. Virtual assistants are in high demand among business owners who want assistance with various tasks. You may specialize in a variety of fields as a virtual assistant.
Virtual assistants can be hired for any type of work, and numerous other businesses all over the world rely on them to expand and maintain their businesses.
How Much Money Can You Make With This Side Hustle?
Because most virtual assistants sell their time for money, you may be limited in the amount of hours you may work each week. You have the option of setting a monthly income threshold or being paid by the hour. Depending on their skills and experience, some earn minimum wage while others earn up to $35 per hour.
#4. Start a Dropshipping Business
One of the finest side hustle work ideas is dropshipping. It lets you sell a product to a customer directly without having to purchase inventories. You don’t need a large initial investment to keep your risk to a minimum. The manufacturer keeps the inventory on hand and sends it directly to the customer on your behalf.
Your primary focus should be on marketing and customer service, as they are the soul of any company. This is the side hustle for you if you have a solid marketing background and want to play to your strengths. It’s one of the few side hustles that lets you satisfy your actual entrepreneurial desires. You will have the opportunity to run your own company.
How Much Money Can You Make With This Side Hustle?
That is dependent on the amount of time and attention you put into your company and marketing. You may make a couple of thousands of dollars or more.
#5. Begin Freelancing
Does the income at your 9-to-5 work fluctuate? If you don’t have a solid income, you may require more money in certain months and less in others. If this describes you, you might want to consider working as a freelancer. These might be gigs you make on Fiverr or the occasional Upwork freelancing contract.
One week, you might be creating website mockups for a customer, and the next, you might be assisting someone in growing their social media following. The projects you work on might be very different. However, if you enjoy variety and changing things up, this side hustle can be ideal for you.
How Much Money Can You Make With This Side Hustle?
Depending on the side gigs you take on and the platform you choose, you might make anywhere from $50 to $2,000 each month. If you want to make an extra $1,000 per month, for example, freelance writing is a side hustle that may help you achieve your second income aim.
The key to becoming a successful freelancer is to charge clients according to the quality you’ll deliver. The majority of freelancers undercharge, resulting in rapid burnout and little income.
Conclusion
Your side hustle can help you earn money online and add to your monthly income. It may, however, aid in the development of new skills, the creation of your brand or portfolio, and the achievement of greater freedom.
So, have a good time with it! Start a company or explore a new activity you’ve always been interested in. A side hustle is an ideal way to live your life on your terms. And with a little extra cash in your pocket, nothing can stop you from achieving your dreams.
