Top 5 side hustles
If you’re someone who is interested in making extra money outside of your full-time job, then a side hustle could be perfect for you. It’s important to pick a side hustle that aligns with your own personal goals and interests. However, with so many side hustles out there and avenues to go down, it can be very difficult to pinpoint which side hustle is for you. This article is here to give some ideas and put forward what we believe to be the top 5 side hustles out there. Hopefully, one of these articles interests you, and you will be able to begin your side hustle journey today.
What is a side hustle
A side hustle is typically an additional source of income outside of your full-time job; however, unlike a part-time job, you have much more freedom over what you do and the hours you commit. Side hustles usually involve a passion or hobby but can sometimes simply be another form of activity in order to make a secondary income.
Benefits of a side hustle
There are many benefits to having a side hustle, including the ability to increase your financial security. Even if you’re not earning a lot from your side hustle, any extra money can be very useful for saving or just having more money to do the things you enjoy outside of work.
Another benefit to having a side hustle is the flexibility. You have total control over your own hours. Let’s say you have had a busy day at work; then, you can decide you give yourself time off from your side hustle and vice versa. If you have lots of spare time, then you can dedicate more time towards your side hustle to try and earn more money.
Finally, side hustles can also provide you with a way of working on your passion. Side hustles could allow you to work on something you’re passionate about without giving up the stability of a full-time job. You could gig on the weekend, start a youtube channel or sell artwork on retail sites such as Etsy for example if any of those tie into your interests. And if your side hustles garner a large following or are lucrative enough, you could even one day make it your full-time profession.
Freelancing
Freelancing is the classic side hustle that people have been using for many years now. Freelancing includes delivering on a project basis for one or more clients. You can schedule your freelance work in your spare time and can choose how many projects, if any, you take on. Freelancing primarily takes a skill you have already developed and takes on external work. For example, freelance work could include graphic design, writing, editing, website development, mechanics, interior decorators and many, many more.
You can attract clients through a work email and social media page, or you can sign up for third-party freelance sites such as Fiverr, Upwork and freelancer.com. These websites will handle all the project management and payment for you. Learning marketing skills can be incredibly beneficial, though, as it can help attract more clients and potentially turn your side hustle into a full-time business.
Online courses and coaching
Online courses and coaching is another way for you to make extra money off of a skill or expert knowledge you may have. Online course platforms such as Udemy, Thinkific and Podia can help you create your own high-quality custom courses. You can also use website development tools to help create a website to host your online courses.
Alternatively, you could use your knowledge to tutor in person or online. You can tutor school subjects, instruments or even skills such as graphic design and web development. Simply create a social media account to attract clients, and you can decide how many clients you take on board as you have full control over your hours.
Social media creator
Creating content online can be a fun, low-cost method of making extra money in your spare time. Using apps such as Tik Tok, Youtube, Facebook, podcast channels and more, you can create whatever content you want in an attempt to build an online brand. To make money off of these sites, you have to earn a high volume of views, so money is not guaranteed. However, it can be an extremely fun passion project that could even become full-time if done successfully.
E-commerce
Many people around the world have successful side hustles dealing with E-commerce. E-commerce is a broad term and can include the reselling of goods or the selling of your own products. Reselling includes a more upfront investment compared to that of other side hustles; however, it can be incredibly lucrative once a foundation of customers has been created.
The other avenue includes selling your own products. If you enjoy woodworking, painting, knitting or any other creative hobby, then you can use this creativity to produce products and sell them for a profit on sites such as Etsy or your own E-commerce sites and social media accounts. This is a great way to carry on with a hobby and earn a little extra cash.
Sell print-on-demand products
If you enjoy illustration, photography and design, then POD products could be for you. Print on demand includes developing designs and uploading them to POD sites. When a customer purchases a product, the printing company creates and ships the product, and you will receive a royalty.
You can create illustrations for books or even clothing. If enough people like your designs, you can even expand and create your own website and E-commerce sites to make more money and even start your own business one day.
Summary
Side hustles are a great way to earn a little extra money while still having control over how much spare time you give yourself. You can work on passion projects or take a pre-existing skill and try to profit off of it. We have provided you with what we think are the top 5 side hustles that you can do today. So what are you waiting for? Pick up one of these side hustles and start earning extra money today!