Are you tired of living paycheck to paycheck? Do you wish you had a little extra cash to pad your bank account? You’re not alone. According to a recent survey, nearly 44% of Americans have a side hustle to supplement their income. And with the rise of the gig economy and online platforms, it’s easier than ever to make some extra money on the side.
In this article, we’ll explore nine lesser-known online side hustles that you can start today but before that, let’s read some common questions:
|What is a side hustle?||A way to earn extra money outside of your primary job or source of income.|
|Why should I consider starting a side hustle?||Ability to earn extra income, gain new skills and experiences, and potentially turn it into a full-time business.|
|What are some popular side hustles?||Freelance writing, graphic design, social media management, tutoring, transcription work, etc.|
|How much money can I expect to make from a side hustle?||The amount will depend on the type of work, time invested, and experience. Potential earnings can range from a few hundred to several thousand dollars per month.|
|Do I need any special skills or qualifications to start a side hustle?||Depends on the type of side hustle, but many can be started with minimal experience or training.|
|How much time do I need to invest in a side hustle?||The amount of time will depend on the opportunity and personal goals. Some can be done in a few hours per week, while others may require more time and effort.|
|Are there any risks associated with starting a side hustle?||Yes, there are potential risks such as financial risk, time commitment, and burnout or stress. However, many side hustles can be started with minimal investment and can be done in your spare time, minimizing the potential for risk.|
|How can I market my side hustle and find new clients?||Social media, networking events, online marketplaces, word of mouth referrals, etc.|
|Can I turn my side hustle into a full-time business?||Yes, many successful businesses have started as side hustles. It’s important to have a solid business plan and be willing to invest time, energy, and resources into growing your venture.|
|Where can I find more information about starting a side hustle?||There are many resources available online, including blogs, online courses, and podcasts. Additionally, speaking with other entrepreneurs and business owners can be helpful.|
That’s it, now you know the basics of side hustles, let’s read the main topic now:
1. Virtual bookkeeping
If you’re good with numbers, consider becoming a virtual bookkeeper. You can work from anywhere and set your own hours. According to the Bureau of Labor Statistics, bookkeeping, accounting, and auditing clerks earned a median annual wage of $42,410. To get started, you’ll need a basic understanding of accounting principles and some experience with accounting software like QuickBooks or Xero.
2. Website or app testing
Companies are always looking for feedback on their websites and apps. As a website or app tester, you’ll be paid to try out new products and provide your opinion. According to UserTesting.com, the average pay for a website tester is $10 per test, which typically takes around 20 minutes to complete. To get started, sign up for a platform like UserTesting, TryMyUI, or Userlytics.
3. Online tutoring
If you’re knowledgeable in a certain subject, you can make money by tutoring others online. According to ZipRecruiter, online tutors earn an average of $30 per hour. To get started, sign up for a platform like TutorMe, Chegg, or Skooli.
4. Social media management
If you’re a social media whiz, you can make money managing social media accounts for businesses. According to PayScale, social media managers earn an average salary of $50,067 per year. To get started, reach out to small businesses in your area and offer your services.
5. Graphic design
If you have an eye for design, you can make money creating logos, graphics, and other visuals for businesses. According to the Bureau of Labor Statistics, graphic designers earn a median annual wage of $52,110. To get started, create a portfolio of your work and reach out to businesses in need of design services.
6. Online transcription
If you’re a fast typist, you can make money transcribing audio or video files. According to the Bureau of Labor Statistics, transcriptionists earn a median hourly wage of $18.63. To get started, sign up for a platform like Rev or TranscribeMe.
7. Virtual event planning
If you have experience planning events, you can make money as a virtual event planner. According to PayScale, event planners earn an average salary of $48,271 per year. To get started, create a website showcasing your services and reach out to potential clients.
8. Online survey taking
If you have some free time, you can make money by taking online surveys. According to Survey Junkie, the average payout for an online survey is $1 to $3. To get started, sign up for a platform like Survey Junkie, Swagbucks, or Vindale Research.
9. Content writing
If you have a way with words, you can make money as a content writer. According to PayScale, content writers earn an average salary of $47,858 per year. To get started, create a portfolio of your work and reach out to businesses in need of content or start with freelance marketplaces such as Fiverr, Upwork, Guru, etc.
So, what’s your best side hustle to earn some extra money online?
There are plenty of online side hustles you can start today to earn some extra cash. Whether you’re a numbers person or a creative type, there’s a side hustle out there for you.
Don’t let financial stress hold you back. Start exploring these side hustles and understand how they work, you can watch youtube videos and read relevant blog posts to understand them better.
Keep rocking, and keep earning more!