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45 Side Hustle Ideas to Boost Your Income in 2020

45 Side Hustle Ideas to Boost Your Income

The Modest Wallet is a free digital publication delivering its readers simple personal finance solutions. We regularly partner with brands that have products and services that will help our readers. Some of the links in this post are from our partners. How we make money.

Most people are looking for ways to boost their income — whether they’re saving up for a growing family, saving up to start a new business, saving for retirement, or just trying to make ends meet. While some people are lucky enough to have jobs with pay that scales with the effort they put in, many are in salaried or hourly positions with limited opportunities for overtime. This is where side hustles come in.

If your options to earn more money at your job are limited, how realistic is it to earn extra income on the side? Very! And in some cases, it can be easier than you might think. Continue reading below to learn about side gigs and why you need one, plus our favorite side hustle ideas to start earning extra money immediately.

What is a Side Hustle?

A side hustle is any job you take  “on the side” to earn extra money and supplement your main income. Side hustles can get you anything from a few dollars a week to thousands of dollars per month. They sometimes even wind up replacing your nine-to-five job if they’re successful enough. (At that point, though, they’re no longer side hustles.)

Most side hustles involve some entrepreneurial activity and ingenuity. Because you’ll need to work around what’s probably already a packed schedule, you’ll have to be clever about how you fit your side hustle into your life.

See Also: 40 Proven and Legitimate Ways to Make Money Fast

45 Best Side Hustle Ideas for 2020

Our favorite side hustle ideas combine a few characteristics. They have relatively low barriers to entry. They have good income potential. And they’re easy to start.

1. Start a Blog

Starting a blog can be one of the best decisions you’ve ever made. A blog in a profitable niche can earn thousands of dollars per month (of mostly passive income) with few overhead expenses. It’s also a great way to earn money writing about topics you’re excited about. Simply choose an interest or hobby that you’d like to write about every day, and get going!

Barriers to Entry/Requirements

  • A computer with an internet connection
  • A few dollars per month for web hosting

Income Potential/Scalability

  • Unlimited

How to Get Started

Getting started is the hardest part of running a successful blog. That’s why we recommend the Pro Blogger Bundle collection of courses to get you up and running. Instead of struggling at the beginning of your blogging career, you’ll be able to hit the ground running and start making money almost immediately.

2. Facebook Ad Specialist

Businesses all over the world struggle to properly advertise on social media. Facebook, with its seemingly endless list of targeting and customization options for Facebook advertising, is a powerful but poorly understood tool for most small- and medium-sized businesses.

You can run the Facebook advertising accounts for those businesses with just a little bit of education and know-how of the Facebook Ads platform.

Barriers to Entry/Requirements

  • A computer with an internet connection
  • A Facebook account

Income Potential/Scalability

  • Unlimited

How to Get Started

We strongly recommend taking a look at Laptop Empires’ FB Side Hustle course. It’s a no-nonsense guide to getting started as a Facebook Ads consultant. In no time, you’ll be helping businesses in your area and on the internet maximize their ad revenue and improve their bottom lines, all while making a fantastic income.

Facebook Side Hustle Course

This video course will teach how to earn an extra $1,000 to $2,000 per month running Facebook ads for local businesses, without prior experience.

See Also: 90 Legit Ways to Make Extra Money on The Side

3. Freelance Writer

Companies and individuals all over the internet and in traditional print publications need content. That’s where freelance writers come in. Freelance writers offer quality written content to any outlet that needs quality content. Blogs are in especially serious need of good prose because quality blogs require steady updates. 

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • Very High

How to Get Started

We have to admit, we cheated a bit when we got started. We got a huge head start on our writing competitors when we took the Earn More Writing course. It gave us the skills we needed to hit the ground running and helped us avoid the common mistakes many writers make when they’re getting started.

4. Proofreader

Proofreading is a fantastic side hustle. It requires a rarified skill set possessed by very few people. It’s in high demand.  While you probably won’t make as much as you would writing, it actually combines very well with other editing/writing side hustles.

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • High

How to Get Started

As we’ve already mentioned, proofreading involves an uncommon set of skills. To learn these skills, you’ll need a bit of help. The Proofread Anywhere course provides just the kind of assistance you require. It gets right to the point and not only shows you how to perform the practical tasks involved in proofreading but also how to run your own small business.

5. Social Media Manager

 A social media presence is a practical necessity for many modern businesses, but most of them have no idea how to properly maintain and manage social media accounts.

Social media management is a fantastic side hustle that lets you step into a role that’s part marketing, part communications, and part customer service. You’ll manage the Facebook, Twitter, Insta, Pinterest, and Reddit accounts of a wide variety of small- and medium-sized businesses in order to increase foot traffic and online visibility.

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • Unlimited

How to Get Started

Because the world of social media can get so complicated,  we urge you to try out the Complete Social Media Manager Bootcamp available on Udemy. It’ll teach you the ins and outs of running social media accounts for businesses of all kinds.

6. Virtual Assistant

For every professional who’s trying to get through the day without dropping the ball, there’s an assistant keeping his or her life manageable. The demand for these assistants is high — especially as the requirements placed on professionals have increased. 

Many virtual assistants now work online from home, since their physical presence isn’t required. Technology allows virtual assistants to remotely manage their bosses’ schedules, inboxes, and appointments.

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • Moderate

How to Get Started

There’s a lot to learn if you want to be an effective virtual assistant. The Horkey Handbook’s 30 Days to Virtual Assistant Success course is an amazing and lightning-fast way to learn all of these skills. In just one month, you’ll be ready to start marketing your skills as an elite virtual assistant ready to unlock your clients’ productivity potential.

Side Hustle Handbook
Side Hustle Handbook
How to Multiply Your Income Sources

Free eBook

7. Flip Websites for Profit

Like any income-earning asset, websites can be flipped for profit by those with the right industry and technical knowledge. The key is in identifying under-valued prospects that would be attractive to the right buyer. And yes, you can make good money flipping websites online.

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • Unlimited

How to Get Started

As we indicated above, you’ll need the right industry and technical knowledge to know when you’ve found a good opportunity for a flip. The Blog Flipping Masterclass is, well, a masterclass in how to successfully turn an opportunity into money in your pocket.

8. Teach English Online

Teaching English online is a great way to make a decent income on the side. Those with a teaching background or who enjoy tutoring children will be especially well-suited to take advantage of this opportunity. VIPKid, an online tutoring service, removes all the administrative work from teaching English online by taking care of the marketing and bill collection.

Barriers to Entry/Requirements

  • A computer with an internet connection
  • A bachelor’s degree
  • Qualification to work in the US or Canada
  • 1 year of teaching/tutoring/mentoring life experience

Income Potential/Scalability

  • Moderate

How to Get Started

VIPKid lets qualified English-speaking individuals connect directly with kids in Asia who seek to learn English as a second language. As long as you meet the criteria above and can pass an interview with the VIPKid professionals you can start teaching kids on your own time.

9. Dog Walker and Pet Sitter

Millions of people around the US have pets that they need to take care of. You can help them by logging onto a site called Rover and connecting with pet owners in your area. You can walk dogs, pet sit for cats, and even feed fish on this site.

Barriers to Entry/Requirements

  • Be 18 years old
  • Complete an accepted profile
  • Pass a background check

Income Potential/Scalability

  • Moderate

How to Get Started

To get started, simply log on to the Rover website on your smartphone or computer and create a profile. Once your profile has been accepted and you’ve passed a background check, you can start pet sitting or walking dogs in your neighborhood.

How Rover Works

See Also: 30 Best Gig Economy Jobs That Pay Well

10. Become a Tutor

Chegg Tutors connects willing and qualified mentors with students seeking to learn a variety of subjects. Similar to VIPKid, all that’s required (beyond the requirements listed below) is a desire to teach on a subject of your choosing, and an internet connection.

Barriers to Entry/Requirements

  • Teaching/tutoring/mentoring life experience
  • Have graduated from a four-year degree program

Income Potential/Scalability

  • Moderate

How to Get Started

Just log onto the Chegg Tutors website and sign up to be a tutor. If you meet their criteria and pass an interview/background check, you’ll be teaching in no time.

11. Babysitter and Senior Care 

Care.com provides caregiving services for people. Become a babysitter or senior care professional by creating a profile on the website and applying to jobs posted by other Care users. You’ll need to pass a background check to be approved.

Barriers to Entry/Requirements

  • Have an approved profile
  • Submit a photo
  • Pass a background check
  • Have a smartphone

Income Potential/Scalability

  • Moderate

How to Get Started

You’ll need to meet the criteria listed above and be selected by a client who posts a job on Care.com in order to earn money on the site. Once you’ve begun, you need to ensure you provide good client service and carefully manage your reviews and reputation. If you provide quality care, you’ll be in demand. 

12. Dropshipping Store

Dropshipping is one of the latest new side hustle trends to hit the internet. The principle is simple. You select, curate, and post items for sale on your website or blog. If and when people buy them, you rely on a dropshipping arrangement with a supplier to ship the item directly to your customers, bypassing you entirely.

Barriers to Entry/Requirements

  • An online audience
  • A computer with an internet connection

Income Potential/Scalability

  • Unlimited

How to Get Started

To get started, you’ll need to gather an online audience and build some trust with them so they want to buy the items you’re recommending for sale. Beyond that, you’ll need to actually learn the business of dropshipping. The best way to do that is to sign up for the amazing eCommerce Blueprint course.

This straightforward and right-to-business course cuts out the fluff and gives you concrete strategies and practical advice on how to run a dropshipping side hustle.  No muss, no fuss — just highly usable eCommerce information delivered incredibly inexpensively. We highly recommend it.

eCom Blueprint 2.0

A case study based course in which Gabriel reveals three of his dropshipping stores — one generated over $1 million revenue in 5 month (approx. 20% profit).

See Also: 30 Best Online Jobs That Are Legitimate and Actually Pay Well

13. Create and Sell Online Courses

Creating and selling online courses is one of the best ways to monetize a growing blog or website. All you need is industry-specific knowledge and an audience who’s hungry for the skills you can teach.

Barriers to Entry/Requirements

  • A computer with an internet connection
  • Sought-after knowledge you can convert into a course

Income Potential/Scalability

  • Unlimited

How to Get Started

There’s an amazing website called Podia that combines all of the tools you need to create an online course in a single software package. You can create a storefront, an online course, an email marketing list, webinars, website messaging, and more, all with Podia’s service. It’s a great turnkey solution for anyone looking to monetize their online presence.

14. Etsy Business

Etsy has democratized the market for makers of unique crafts and products. It connects creatives who make and design all kinds of products with customers and clients looking for never-seen-before items.

Barriers to Entry/Requirements

  • A computer with an internet connection
  • A handful of good ideas

Income Potential/Scalability

  • High

How to Get Started

If you want to become a product creator on Etsy, but you have no idea where to begin, we strongly recommend the Etsy Printables Course offered by Gold City Ventures. This course will teach you how to make super-simple printable digital products to sell to customers on Etsy and get your digital store going.

15. Web Developer

Developing web properties is a highly lucrative profession. From in-browser games to static blog pages, web developers create internet websites and other web aspects as we know them from scratch, using a combination of code, ingenuity, hard work, and creativity.

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • Very High

How to Get Started

You can learn how to become a web developer using an incredible course from Udemy called the Web Developer Bootcamp. Full of practical strategies for people just starting out in their web development career, the Web Developer Bootcamp will have you reading and writing code in no time.

16. Online Surveys

If you’ve got a few hours to kill, or even just a few minutes at the end of a long day that you’d otherwise spend watching Netflix or YouTube, why not make some extra money filling out paid online surveys about your consumer habits?

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • Low

How to Get Started

There’s a whole whack (or a whole lot) of sites that offer real money in exchange for your answers to surveys, including InboxDollars, Swagbucks, and Survey Junkie. Some of these sites also offer other ways to make a buck by (for example) watching videos or using a proprietary search bar. You won’t make a killing on any of these sites, but it’s definitely more profitable than sitting around and doing nothing.

Swagbucks

An online platform that offers cash back rewards when you answer surveys, shop online, purchase gift cards, watch videos and more.

See Also: 20 Best Places to Sell Used Furniture for Cash ‘Online & Locally'

17. Rent out Your Car

A handful of apps will allow you to safely rent out your car to strangers.  Turo and GetAround both let you list your relatively new model car on their apps and earn money from your car when you’re not using it. Think of it as the Airbnb of vehicles.

Barriers to Entry/Requirements

  • A vehicle
  • A smartphone

Income Potential/Scalability

  • Low

How to Get Started

All you need to do to get started is to download the Turo or GetAround app and start the process of signing up. These apps will walk you through all the necessary steps.

Note: We’ve identified the income potential as low for this suggestion because you’ll need to take into account all of the vehicle maintenance and mileage costs associated with allowing others to drive your car. After you’ve included that info in your P&L statements, you’ll see your profits adjusted

18. Rent Out Your Home ‘or Part of It'

Everyone’s heard of Airbnb. You sign up on the site to offer a room in your home, an apartment, or an entire house for short-term rental to people on the internet who are looking for an alternative to hotel rooms.

Barriers to Entry/Requirements

  • Real estate you can legally rent
  • A computer or smartphone with an internet connection

Income Potential/Scalability

  • High

How to Get Started

To get started you’ll just need to go to the Airbnb website and sign up. The app or webpage will take you through the rest.

Before you log on, though, you should double-check the rules, regulations, bylaws, and laws governing your municipality, town, and state. Some areas restrict or prohibit short-term rentals.

19. Flip Furniture

People all over the country regularly throw out or give away perfectly good and restorable furniture. You can make a significant amount of money by spotting finds that can be returned to their former glory and selling the finished product for a hefty profit. Yes! flipping furniture is a thing and you can make good money from it.

Barriers to Entry/Requirements

  • Access to used furniture
  • Some negotiation and marketing skills

Income Potential/Scalability

  • Medium

How to Get Started

There’s really nothing special you need to do to get started. All you’ll need is some basic restoration knowledge you can get from YouTube, a handful of tools (we recommend not investing in any expensive tools if you’re just getting started), and a source of gently-used furniture. Once you have what you need,  get out there and find your first piece!

Pro Tip: If you're looking to learn more about how to turn this side hustle into a full-blown business, we highly recommend you to take a look at the Flipping University course by Rob and Melissa over at Flea Market Flipper. The first year flipping full time, they were able to make over $133,000 in sales.
Author

Flipper University

Flipper University teaches you how to transform your bargain-hunting passion into a way to generate extra income — even if you have no experience!

Promotion: 3 Bonuses Included

See Also: 15 Best Places to Sell a Wedding Dress Online and Locally

20. Drive People Around

Ridesharing programs are now as familiar as taxicabs and buses. All you need is a vehicle and a smartphone, and you can get started making money on the side by giving rides to people in your town or city.

Barriers to Entry/Requirements

  • A vehicle
  • A smartphone with a data connection

Income Potential/Scalability

  • Medium

How to Get Started

To get started, you just need to head over to Uber or Lyft’s website and click on the Sign-Up button(s). Once you’ve passed their background checks and other processes, you’ll be good to go. As with Airbnb, check your local regulations, bylaws, and rules around rideshare programs to make sure you’re allowed to offer the service legally.

21. Deliver Food for People

People everywhere are looking to get out of their annoying weekly trips to the grocery store. A service called Instacart allows you to shop for, and deliver groceries to clients in your town. You can either sign up as an in-store shopper or a full-service delivery person who takes the groceries all the way to people’s front doors.

Barriers to Entry/Requirements

  • A vehicle
  • A smartphone with an internet connection

Income Potential/Scalability

  • Low

How to Get Started

To get started, just go to Instacart’s website and click the Sign-Up button. Once you pass their background checks and confirm that you meet their minimum requirements, you’ll be good to start serving customers and making money.

22. Deliver Packages for People

Paying a little bit more than services like Instacart, AmazonFlex allows you to deliver Amazon packages for online shoppers in your area. You’ll need a vehicle (at least as big as a 4-door sedan) and a smartphone. You’ll also need a few spare hours every week for your package delivery shifts.

Barriers to Entry/Requirements

  • A vehicle
  • A smartphone
  • Meet minimum lifting requirements

Income Potential/Scalability

  • Medium

How to Get Started

To get started, just head over to the AmazonFlex website and sign up. You’ll need to pass a few background checks and confirm that you meet the necessary minimum criteria, but when you do, you can start signing up for shifts immediately.

23. Transcription Services

In industries where people rely on video and audio recordings, you’ll find transcriptionists reducing those recordings to text for the convenience and ease of use of professionals. From medical practitioners to lawyers, working professionals rely on transcripts to do their jobs.

As a transcriptionist, you’ll watch and listen to audio and video recordings and create text transcripts based on conventions and rules that differ depending on the nature of the recording.

Barriers to Entry/Requirements

  • A computer with an internet connection
  • Excellent typing skills

Income Potential/Scalability

  • Medium

How to Get Started

Because transcription involves a lot of customs, rules, and conventions, we strongly recommend taking the Transcribe Anywhere course before you get started. This course will get you up to speed on the different kinds of transcription and how you can excel at your new transcription career.

Transcribe Anywhere

If you want to learn how to work from home as a general transcriptionist, this all-inclusive course is for you. From what equipment you need to how to find work.

See Also: 26 Best Selling Apps to Sell Your Stuff Fast ‘Online or Locally'

24. Start a YouTube Channel

Highly successful YouTube channels can earn millions of dollars per year for their creators. It’s important to note that there is a caveat with this statement — because YouTube channels that earn millions actually earn that money through multiple streams, such as merchandise, brand deals, and speaking engagements. Whatever your goals are if you’re interested in this side hustle, be sure to consider how much you want to earn and how much effort you’re willing to put into your channel. With that said, there are multiple ways you can monetize on YouTube (and reach its massive audience), so there’s no shortage of options and strategies for starting and growing a YouTube channel.

Barriers to Entry/Requirements

  • A webcam
  • A computer with an internet connection

Income Potential/Scalability

  • Unlimited

How to Get Started

You’ll want to consider some of the same things you’d think about when beginning a blog. Think carefully about the niche you want to serve and the audience you want to cater to., Then, after you’ve decided on your niche, focus on how best to create your content. Make sure it’s good quality, and offer people something new to watch on a regular basis. 

25. Cook for Other People

Like Airbnb hosts who try to offer an authentic local experience for travelers, cooks on Eat With offer what they hope is an authentic culinary experience for locals and travelers curious about the food offered by different cultures and groups.

Barriers to Entry/Requirements

  • Cooking chops
  • A smartphone with an internet connection

Income Potential/Scalability

  • Medium

How to Get Started

To get started on Eat With, simply go to their website and sign up. If you qualify, you’ll be ready to start cooking for other people. If you have skills in the kitchen and you have experience preparing cuisine from different cultures (for example, Greek or Jewish),  then get ready to make some money.

26. Video Editor

Every hour, hundreds of thousands of gigabytes of video is uploaded to sites like YouTube and individual blogs and pages. Someone has to edit all of that content. That’s where video editors come in. Turning raw footage into attractive and shareable content, video editors make the moving pictures we see on the internet every day worth watching.

Barriers to Entry/Requirements

  • Technical skills
  • A high-end computer with a decent Graphics Processing Unit (GPU)
  • An internet connection
  • Video-editing software

Income Potential/Scalability

  • Very High

How to Get Started

To get started, just go online and find a course on video editing that speaks to you. We strongly recommend dipping your toe into learning about the subject before you invest the money you’ll need to buy a high-end graphics processing machine and expensive editing software. (If you think this could become a career for you, keep in mind that this is a line of work that usually requires an education and/or experience to really get going.)

27. Complete Micro Tasks

There’s no limit to the kinds of services people need performed for them on a regular basis. From housecleaning to laundry to basic carpentry, people love to hire out the more mundane and/or time-consuming tasks in life. Enter TaskRabbit, a service that connects clients seeking help with skilled and unskilled laborers who can meet their needs.

Barriers to Entry/Requirements

  • A smartphone with an internet connection

Income Potential/Scalability

  • Medium

How to Get Started

To get started, go to TaskRabbit’s website and fill out an application. Once your application is accepted and you’ve confirmed the type of jobs that you’re looking for,  you’re ready to start taking jobs and making money.

Just make sure you do what you promise! Bad ratings pile up quickly, and you’ll find it impossible to get work through the service if you don’t have a good profile.

How TaskRabbit Works

See Also: Free PayPal Money: 20 Legit Ways to Earn PayPal Cash Now

28. Start an SEO Agency

Search engine optimization, or SEO for short, has been a necessary component of internet search since the birth of the commercial Web and search engine competition. SEO practitioners help businesses with web presences climb the Google ranks to reach the all-important first page of organic search results

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • Very High

How to Get Started

If you’re a complete newbie to the field, there is a wide range of online courses to help you get started. Don’t worry — the skills required for SEO are not outrageously difficult to obtain. You’ll only need some basic tech skills and shouldn’t require any HTML or coding abilities.

29. Flip Items on eBay

There’s a world of items available on eBay, and for every bargain, there’s a potential opportunity for profit. You can flip items on eBay whenever you spot an undervalued item.

Barriers to Entry/Requirements

  • A computer with an internet connection
  • An eBay account in good standing

Income Potential/Scalability

  • Medium

How to Get Started

You’ll need to learn the ins and outs of the eBay platform, as well as eBay-specific skills (like auction “sniping”) in order to do well at this gig. You should also focus on a niche that you know well, because your specialized knowledge will help you spot bargains and profit opportunities.

30. Bookkeeper

Becoming a bookkeeper puts you in a rarified class of people able to organize and keep the books of small- and medium-sized businesses all over the United States and Canada. While the skills involved are complex and highly specialized, the barriers to entry are what make the field so lucrative.

Barriers to Entry/Requirements

  • A computer with an internet connection
  • Bookkeeping software skills
  • Accounting/bookkeeping skills (although you don’t have to be an accountant)

Income Potential/Scalability

  • Very High

How to Get Started

The online course offered at Bookkeepers.com is the best way that we’ve found to get quickly up to speed on the discipline of bookkeeping. This course simplifies the teaching of the ins and outs of an otherwise difficult subject to master. We highly recommend it.

31. Become a Handyman

Remember how, when you were growing up, there was always one person in the neighborhood who seemed to be able to fix anything? Well, the good people of the internet have found a way to help people monetize that ability.

At Handy, people with handyman or handywoman chops can be matched with clients who need some basic repair work done around the house.

Barriers to Entry/Requirements

  • Be handy
  • A smartphone with an internet connection

Income Potential/Scalability

  • Medium

How to Get Started

Just log on to Handy and create an account. Once you’re approved, you can start helping people with their small jobs. You should know the deeper and broader your skillset, and the more tools you have available, the more money you’ll likely earn on the service.

32. Test Products for Companies

Companies that make apps, websites, and other digital products are constantly on the prowl for real users to test their creations. At UserTesting, product testers are matched with product creators, and perform live user tests that provide real-time feedback to creators.

Barriers to Entry/Requirements

  • Fluency in English
  • An account at usertesting.com

Income Potential/Scalability

  • Medium

How to Get Started

To get started, just head over to UserTesting and set up an account. You’ll go through their onboarding process, and if you qualify, you can start testing products almost immediately.  Be sure you can provide detailed, actionable feedback as you use the products. Your skills as a tester are rated by the client.

How UserTesting Works

See Also: 25 Creative and Legit Ways to Make Money as a Teenager

33. Sell Digital Products

Selling a digital product can be a fantastic way to earn passive income. And there are few digital products more lucrative than a popular eBook. Pick a niche that you’re highly knowledgeable in and people want to learn about. Then, write an eBook on the topic of your choice. If you’re successful, you’ll be amazed at how much money you’ll bring in.

Barriers to Entry/Requirements

  • Writing skills
  • A computer with an internet connection
  • An account with an online publisher

Income Potential/Scalability

  • Unlimited

How to Get Started

To get started, just start writing! You’ll also need to create an account with an online publisher of your choice, like Amazon or Google.

34. Online Data Entry Jobs

Online data entry jobs are some of the best side gigs for people with limited marketable skills. These gigs have virtually no barriers to entry and can be performed by almost anyone with a computer. They involve entering data (usually in a spreadsheet or word processing document) from another source.

Barriers to Entry/Requirements

  • A computer with an internet connection

Income Potential/Scalability

  • Medium

How to Get Started

Freelancing platforms like Upwork or Fiverr are a great place to find your first online data entry job. Just create an account with one of them and search for the phrase “data entry.” You’ll find more opportunities than you can count.

35. Start a Podcast

A successful podcast is similar to a successful online blog. It needs a large online audience’s attention to achieve monetization in a variety of forms. Ads, subscription fees, and sponsorships are all ways that you can turn an audience into cash in your pocket.

Podcasts, like blogs, are all about trust and authority. In other words, if you have authority on a subject, and your audience trusts you, you can be successful in podcasting.

Barriers to Entry/Requirements

  • Good audio production equipment
  • A computer with an internet connection

Income Potential/Scalability

  • Unlimited

How to Get Started

To get started with podcasting, you’ll need to pick a niche in which you’re an authority. You can then log on to one of the many online courses that teach you how to get started in this world, and you’ll need a podcast hosting service. (Several of them are affordable.) From there, it’s just a matter of building your audience.

36. Graphic Designer

Like writing, graphic design is experiencing a renaissance as more and more companies and individuals seek to create attractive web properties. If you have a talent for graphic design, particularly commercially-oriented art, you’ll find no shortage of job opportunities online at a site called 99designs.

Barriers to Entry/Requirements

  • A 99designs account
  • A computer with an internet connection

Income Potential/Scalability

  • Very High

How to Get Started

Simply log on to 99designs, connect your payment information, and get started. Depending on your experience, credentials, and skills, you may find that your side hustle quickly surpasses your nine-to-five.

37. Invest in Crowdfunded Real Estate

Investing in real estate used to be reserved for sophisticated investors with large pools of capital, but not anymore. A site called Fundrise allows you to buy fractional shares of real estate developments (commercial and residential). Now non-accredited investors can invest in real estate with only $500.

Barriers to Entry/Requirements

  • A Fundrise account
  • US bank accounts
  • Knowledge of the commercial real estate market

Income Potential/Scalability

  • Unlimited

How to Get Started

Go to Fundrise and follow the prompts to get started. You’ll want to be careful before you invest any money, however. The prospectuses and disclosures sometimes include a lot of financial jargon and terminology that you’ll want to be familiar with before you risk your hard-earned dollars.

Fundrise

An online platform that allows you to invest in real estate with as little as $500. Fundrise is making it possible for everyone to become a real estate investor.

See Also: 33 Best Money Making Apps: Cash at Your Fingertips

38. Buy a Rental Property

Rental properties can be fantastic streams of largely passive income. With the right property manager and location, rental properties can sometimes be wise investments for people from all income brackets.

A site called Roofstock allows you to buy income properties that already have tenants living in them. This allows you to avoid the hassle of finding a new tenant for your new property.

Barriers to Entry/Requirements

  • A Roofstock account
  • A computer with an internet connection

Income Potential/Scalability

  • High

How to Get Started

Simply go to Roofstock, create an account, and see what properties are available. Keep in mind that it can be best to buy properties in your own area or in the area of a property manager you know and trust. Managing a property from afar can be difficult. 

39. Become a Peer-to-Peer Lender

At Lending Club, you can lend money to people who need funds for a wide variety of purposes: loan consolidation, credit card repayment, even school. Lending Club partitions the loans into different levels of risk and assigns different rates based on that level.

Barriers to Entry/Requirements

  • Sufficient disposable capital
  • A Lending Club account
  • A computer with an internet connection

Income Potential/Scalability

  • Unlimited

How to Get Started

Simply go to Lending Club and create an account. As with many of the financial services on this list, you’ll need to be an American citizen to qualify for an account.

40. Sell Vacation Experiences 

While Airbnb is best known for allowing people to rent out their homes (or a room in their homes), you can also sell vacation experiences. For example, if you’re an accomplished amateur photographer, you could lead guests on a neighborhood photography tour in Manhattan. Or, if you’re a talented DJ, you could host an afternoon showing people how to spin records in downtown Chicago.

Barriers to Entry/Requirements

  • A unique talent or obscure knowledge
  • A smartphone with an internet connection
  • An Airbnb account

Income Potential/Scalability

  • High

How to Get Started

Simply go to the Airbnb Host Experiences website and apply. If your activity is approved, you could start hosting guests before you know it!

Airbnb Experiences Host

See Also: 15 Legit Ways to Get Paid to Walk, Fast and Easy

41. Clean Houses

People often overlook the less complicated ways of making money. Every homeowner wants a clean house, and you can make that happen for them with little in the way of startup capital or niche knowledge.

Barriers to Entry/Requirements

  • None

Income Potential/Scalability

  • Medium

How to Get Started

There’s not much involved in getting started in this industry. After you decide what kind of cleaning service you’d like to provide, and you’ve determined your target customer, all you need are some cleaning supplies and your first client. Try printing up some business cards and going door-to-door to sell your services.

42. Personal Shopper

Some people just don’t have the time to shop for themselves. Between family, work, volunteerism, and other activities, some people would rather pay someone else to shop. So, give them a hand!

Barriers to Entry/Requirements

  • A vehicle

Income Potential/Scalability

  • Medium

How to Get Started

Becoming a personal shopper is as easy as finding your first client. Post a Facebook Ad, put up a flyer, or ask around. If you’re professional and persistent, you’ll find someone before you know it.

43. Become a Hairstylist

Hairstyling is the perfect side hustle for those with the requisite skills. It’s a task that people won’t or can’t perform themselves (and that very few people can do competently). Plus, the better you are, the faster your business will grow by word of mouth.

Barriers to Entry/Requirements

  • Cosmetology school degree and state license
  • A suitable location
  • Required tools

Income Potential/Scalability

  • High

How to Get Started

Have you always wanted to start a home-based hairstyling business? Before you start cutting hair out of your own place, you’ll need to graduate from cosmetology school and get the appropriate state license. You’ll then need to check your local regulations and bylaws about home-based businesses. Once everything’s in place, you can start marketing your services and booking appointments. 

44. Event Planner

Planning events is one of those tasks that most people hate doing (and some people are very, very good at). If you happen to be the latter, there’s tons of money to be made in event planning. Particularly weddings, which involve a lot of interconnected details, can provide significant commissions and, more importantly, plenty of word-of-mouth business growth.

Barriers to Entry/Requirements

  • None

Income Potential/Scalability

  • Very High

How to Get Started

There are no real formal requirements to getting started. It’s all about finding that first client!

45. Tour Guide

If you know an area well, it may be time to become a tour guide. Particular areas are heavily trafficked by tourists, and competent, friendly, and knowledgeable tour guides are always highly sought after.

Barriers to Entry/Requirements

  • Knowledge of your local area

Income Potential/Scalability

  • Medium

How to Get Started

It can be tough to get a tourist-based business up and running. There’s very little repeat business, and none of your clientele is in your area. Therefore, you may wish to consider online advertising on travel-related websites.

See Also: 23 Best Work from Home Jobs: Start a Career from Your Couch

Why Do I Need a Side Hustle?

Side hustles come with myriad benefits besides increasing your income. From reducing financial risk to increasing the possibilities of your lifestyle, side hustles can create interesting opportunities you wouldn’t have otherwise. 

Diversifying your Sources of Income

You’ve probably heard about diversifying your portfolio, but have you heard of diversifying your sources of income? Whenever you rely on a single source of income, you leave your life open to disruptions if that income source is interrupted or, even worse, eliminated. You can reduce the risk to yourself by bringing in money from multiple sources. That way, if one income stream is reduced or goes away, you still have money coming in from elsewhere to cushion the blow.

Increase your Savings

Increasing your savings is always a good idea. Employing a side hustle is a great way to set money aside.  In the right financial circumstances, you can always designate money from a particular source to go towards your savings account. It’s an easy way to budget for the future.

Create an Emergency Fund

Side hustles are also an amazing way to create a substantial emergency fund. If you designate all of your side hustle income to go towards your new emergency fund, you’ll quickly have a sizable cushion against unexpected contingencies. 

Accelerate your Debt Repayment

If there’s one thing that you absolutely must do to ensure a successful financial future, it’s paying down your debt. Especially consumer debt with high-interest rates. Side hustles let you easily accelerate your debt repayment plans and be out of the hole much faster.

Save to Invest and Retire

Responsible investing is what sets the wealthy apart from working stiffs. And there’s no better way to make a little bit extra to turn into the beginnings of an investment fund than a side hustle.

This mindset becomes especially important as you begin to think about your retirement. So many Americans and people across the world have inadequately saved for their golden years. Don’t be one of them. Start a side hustle, invest your money, and enjoy your retirement.

Save to Start a Business

If you’ve ever wanted to go into business for yourself, a side hustle can be an amazing way to gather the capital necessary to start that business.

Save for a Vacation

Maybe you just want to enjoy yourself a little bit more. There’s nothing wrong with that. Side hustles can allow you to take an extra vacation every year without dipping into the savings you earned at your nine-to-five.

Help Others

Finally, many people want to be in a position to help family members, friends, or even strangers meet their needs. This is a laudable goal, and it’s one that a side hustle can go a long way toward realizing. Using the money from a side hustle to help others in need is a great way to make yourself feel good, and a great way to do good.

What Makes a Good Side Hustle?

You might have another idea for a side hustle that isn’t on this list. Just because you don’t find it above doesn’t mean that it’s not a good idea. But you may wonder what exactly makes for a good side hustle.

Scalability

Our favorite side hustles are highly scalable. In other words, it’s possible to grow them exponentially as you work at them. Scalable businesses create the potential for truly limitless income, and they can substitute or even improve your current nine-to-five job.

Passion

Side hustles are definitely a lot of work. As a result, you’ll want to do something that you find enjoyable and that you’re passionate about. This is the easiest way to ensure you don’t burn out or quit before you can realize your goals. After all, do you really want to start what amounts to a second job if you don’t like what you’re doing?

Final Thoughts

The working person’s economy has become more challenging over the last few decades. Good jobs are harder to find, and a steady income can be elusive. But a good side hustle can go a long way towards alleviating some of the stress that comes along with a working-class lifestyle. If you choose the right hustle, you can increase your income, expand your options, and improve your life.

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