Making extra cash is a great way to reach some of your financial goals sooner than anticipated. One of the easiest ways to make more cash is to get a raise at your current job.
Unfortunately, convincing your boss to hand over more cash isn’t always a viable option – despite how awesome you are at work. So just in case you hit a roadblock with The Boss, your next best option is to pick up a side hustle to make extra income.
The best things about side hustles are that they can typically be started in a flash and they’re a great way to put money into your pocket, FAST. And, it’s not unheard of for a side hustle to turn into a full-time, entrepreneurial home business.
Now that we’ve established side hustles are an awesome way to earn extra income, let’s talk about what that extra income can do for you.
Here’s a quick list:
- Pay down your credit card debt
- Reduce your mortgage balance
- Pay down your student loans
- Save for your child’s college education
- Do a home renovation
- Take a fabulous vacation
But before accepting a position as a pizza delivery person, it’s vital that you decide on a side hustle that’s going to work for you and your life. The first thing you need to do is identify your talents and what you enjoy.
After all, if your side hustle is going to make you miserable, it’s not going to be worth the extra money.
So whether you’re looking for a side hustle that gets you outside of the house, or you’d prefer to work from home, there are plenty of options. So without further delay, let’s dive right in.
1. Teach English As A Second Language Online (TESOL)
If you enjoy teaching but aren’t actually a teacher – or even if you are – you can try your hand at teaching English online as a second language. Some programs require a quick certification while others only require English to be your native language.
If you want to give it a go, check out these sites to get started:
2. Teach Online Courses
Do you happen to hold a college degree that could be put to good use as a side hustle? If you have at least a bachelor’s degree, you have the required qualifications to land an online teaching job.
A simple search for online professor jobs (or something similar) will yield a plethora of sites with hundreds of listings. Most positions are adjunct and are paid per course/per semester. Average pay ranges anywhere from $2k – $5k, depending on your field and experience. That’s a pretty nice gig if you have some extra knowledge in your noggin’.
Check out the current listings here:
3. Take Online Surveys
Online surveys have become a wildly popular way of making extra income without having to leave the comfort of your own home. And if you do like leaving the comfort of your home, that’s cool – online surveys are great for people on the go, too.
All you need is an electronic device and access to the Internet.
So, whether you’re planning to complete surveys on your train commute or in your slippers sipping coffee, you can get excited knowing you can make an extra $500 or more per month. And, some sites even pay you just to sign up in the form of a registration bonus.
Popular online survey sites that are worth your time:
If you’re looking for even more survey sites to complete, take a look at this list of our best survey sites.
4. SAT Tutor/College Admissions Coach
Competition to gain admission to college is fierce these days. With the skyrocketing cost of tuition and the current student loan debt crisis, parents are more willing than ever to seek assistance with the entire process.
Whether that means hiring a tutor for their child to ensure they get the best possible scores on their entrance exams, or it means hiring someone to guide them through the admissions process, there is plenty of money on the table for someone who can do one or the other or even both.
Sound like it’s right up your alley? Post your qualifications on online bulletin boards or advertise your services through college recruitment sites. Also, check with local high schools, they can get you pointed in the right direction.
Tip: You’ll probably need to get child clearances if you’re working with students under the age of 18 years old. Don’t fret, this isn’t expensive or difficult.
5. Music Lessons
Do you happen to be a master pianist or love rocking out on the drums? If so, you could make quick money by teaching music lessons in your spare time…and in your own home.
Make your talents known through Facebook and by talking to parents in your circle. Word travels fast, and if you’re good, you’ll get a gig in no time. And those gigs pay anywhere from $15 to $40 for a 30-minute session.
6. Drive For Uber Or Lyft
Benefits include working when you want, as often as you want, and speedy payouts.
Before you can start, make certain you review and meet all the requirements for age, licensure, vehicle, and driving experience.
Here are the links:
7. Walk Dogs
Love pets of the canine persuasion? Good news – you don’t have to live in a city to be a dog walker – although that doesn’t hurt.
Lots of dogs sit at home all day while their human companions slave away at a job. And many of those dog owners feel bad that their beloved pet is sitting at home like a lump, or worse, gnawing their way through a dining table leg.
For peace of mind, plenty of owners would gladly pay to have Fido walked during business hours but they don’t trust to hire a business with a rotating staff. I mean let’s face it, dog walkers have access to your home. And that’s where you come in.
Build up your business through word of mouth, bulletin boards, and a dedicated Facebook page, and before you know it, you’ll have more inquiries than you can personally handle.
Obviously, the amount of money you can make varies by area and the number of dogs you can walk at one time. But, it’s not unheard of for dog walkers to make in the neighborhood of $20 per hour per dog.
And speaking of a neighborhood, you might want to start advertising your services right outside your front door.
8. Cakes & Cupcakes
Make sure you check the going rates in your area and don’t sell yourself short. Ask to be paid what you’re worth and, if your skills rock, your business will take off.
9. Freelance Writer
Seamlessly putting words together on a screen is a talent people are willing to pay a lot of money for. If you’re skilled in this area and you prefer the work-at-home kind of side hustle, becoming a freelance writer is as easy as creating an account and making yourself available for jobs.
According to Payscale, freelance writers make an average of about $25/hour. Not too shabby for being able to work from anywhere in the world.
Where to find work:
10. Deliver Pizzas
Remember at the start of this post I mentioned delivering pizzas as kind of a joke? Well, it wasn’t a joke. Delivering pizzas is an oldie but a goodie. And since there’s usually a pizza joint on every corner, finding a job shouldn’t prove too difficult.
This one is all about customer service. Treat the people who open the door like royalty and you’ll be raking in the tips. Treat those same people like they’re just a number, and you’ll barely make enough to cover gas money. The choice is yours.
11. Personal Trainer/Nutrition Coach
Do you love personal fitness or nutrition? If so, you could put your knowledge and skills to good use by coaching other people on how to achieve the physical results they desperately desire.
And what better time to start marketing your service than around the holidays? You’d be amazed at how many people are willing to shell out $50 – $100/hour for some personal attention and coaching for their physical appearance and well-being.
12. Rent Out A Room In Your House
If you’re a social butterfly and don’t mind sharing your space, renting out a room in your home could mean an extra $500 or more going towards your bottom line each month. List your pad on Airbnb, Craigslist, or local bulletin boards to find potential tenants.
Tip: Do your due diligence before opening up your home to a stranger. Consider paying a flat fee to a property manager for a thorough background check.
13. Start A Blog
This is the side hustle I personally chose. But I must warn you, although starting a blog is quick and easy, making money from a blog isn’t exactly fast. And it just might take more time than you’re willing to invest.
But if you’re not in a hurry to earn extra income, starting a blog might be just the ticket to satisfy your creative juices and simultaneously fatten your wallet.
In order to start a blog, you need to have a company host it and you need a theme. Depending on your goals, you can get both for free. But if you’re thinking about turning it into a money-money business, you’ll want to consider paying for a few things.
A few things you’ll need for your money-making blog:
- Bluehost – A top hosting service that will make sure your site is LIVE. This is what we use and it will cost you just under $50 per year with a FREE domain name your first year.
- DIY Theme – Choose from top themes for a professional look.
- ConvertKit – Email marketing service to reach your fans.
Which Side Hustle Is Right For You?
With all of the options available to earn additional income, finding the right side hustle for you shouldn’t be too hard. Just as I stated before, analyze your abilities and interests before diving into a side hustle that’s going to consume your valuable time.
It’s true, time is money, and money isn’t more important than your loved ones or your overall happiness. Choose wisely.
And as always, have a goal for your side hustle income. It’s not going to do you any good to make more money if you’re not going to tell that money where to go and make progress on your financial journey.
The last thing you want is to fritter away your extra cash in restaurants and on new clothes – unless, of course, that’s your goal. Happy frugaling.