A side hustle used to be a handy way to earn some additional income, perhaps save up some money for a car or vacation. Unfortunately, today it is a must for many younger people, thanks to the joys of trickle-down economics and other wonders of modern Republican economic policies. According to a study done by the Federal Reserve, 31% of all Americans had a side gig in 2017. When it comes to the Millennials, the percentage is even bigger, with 41% of them having at least one short-term contracts.
The ever-growing gig economy hasn’t passed unnoticed by the investors and there are many businesses relying on this part-time workforce. We have all heard of Uber, but they aren’t the only option out there if you have some skills and are ready to invest your time. Here are a few more options.
Airbnb has been around for a long time and has provided a steady income stream for many of its hosts. Whether you have a whole house at your disposal or just a couch in your living room, there are people willing to pay for using it for a few nights, just to save up on accommodations fees and stay away from overpriced hotels.
Recently, Airbnb has added an option called Airbnb experience, which allows people who don’t have a spare room to make some extra cash. For the most part, they are offering guided tours of local museums and galleries, but it can be everything you come up with, from showing local pubs and bars to revealing hidden spots worth visiting in your city to tourists.
This is a great option for all people dreaming of becoming new Gordon Ramsey, but can’t afford to open their own restaurant. An app called Feastly allows you to create your menu, upload it with picture and offer it to the world. You will have to have an appropriate space to serve your guests, but you can use your apartment. This is intended for people looking for a more intimate dining experience and are ready to take chances on new chefs. Feastly will take 12% of what you charge your customers for their service, but that is only to be expected.
From a children’s past time, gaming has grown into a serious industry, worth billions of dollars. Many of us have grown up playing games and some have become very good at it and if you are good at something, never do it for free, as a wise man once said. The options are endless, from making YouTube videos to streaming on Twitch to writing tutorials. If video games aren’t your thing, perhaps you can try your luck with online slot games.There are professional players out there who make quite a decent living playing them. If you are willing to spend some time learning the system and knowing which games to play, maybe you can be one of them.
Driving has become an important source of income for many young adults willing to use their cars driving people around. Uber was the first company to offer the service and people have really taken to it. Some drivers go an extra mile to ensure their customers remember them and use them again, like setting up charging stations for them at the back or even installing video game consoles. Uber isn’t the only company looking for part-time drivers though and there are many other options today, some of them not including driving people at all if your social anxiety prevents you from doing it. You can deliver food or other goods, like Starbucks or dry cleaning. Even Amazon is opening up to part-time drivers, with their Flex program, promising $18 to 25 an hour.
Dropshipping is a growing field of digital commerce and shops are springing left and right. It accounts for some 33% of all e-commerce field. Dropshipping is a very convenient way of making a start in commerce since it doesn’t require large initial investments in stock, premises or even employees. All you need is a site and a few hours daily to deal with orders that come directly from the distributor to your customers. Most of your time will be devoted to marketing and customer relationship, so if those are your strong suits, dropshipping may be ideal for you. As with almost any other Internet-related activity, the best policy is to stick with what you know and find your niche. It doesn’t matter if it is home decorating, power tools or hobby supplies, as long as you know it intimately and are willing to invest time in developing a relationship with your customers, there is money to be made in dropshipping.
Freelancing can be a dedicated career, but it can also offer some additional income as a side gig. You also don’t have to have any special skills or education, there is plenty of work on Fiverr that doesn’t require them. Another platform that offers similar work is Mechanical Turk, but it is geared towards people with limited time. More traditional sites include Freelancer and Odesk, both offering a variety of jobs in every imaginable category.
No, this one isn’t about Minecraft. If you have a talent for designing and making handy items, you can sell them on Etsy. There are people who have made a career out of it. Some are selling trinkets, but others are creating veritable pieces of art, so you can find a market for everything. It does require some legwork for marketing purposes, and people usually start by selling their craft to friends and family and expanding later. Your Facebook and Instagram accounts can be used for advertising purposes at the beginning.
Teaching English online is a great little hustle that can earn you some extra income if you have a Bachelor or Master degree. You don’t even have to an English major, as long as English is your native tongue, there are companies out there that will hire you to teach it to children and teenagers online, mostly from Asian countries. All it requires is a stable Internet connection, a cam, and a microphone. In order to be successful, you need to be patient with your students and be prepared to deal with all levels of knowledge, from people who are only looking for someone to help them polish their accent to young kids that can’t speak a word of English.
More and more kids need help with their math or science classes these days and if that is your field, you can turn a handy profit from it. Offer your services through Craigslist or social media and help children deal with their homework and assignments. Some tutors insist on online classes, while others are happy to make house calls and you can decide for yourself what works best for you. It won’t make you rich, but it can go a long way helping with the rent and bills.
There is always a demand for good writers, whether just creating content for various platforms or writing for an established outlet. Writing requires passion and dedication, but skill as well. You won’t make much money in the beginning, not until you have learned the craft and become proficient enough to create a quality article in minimum time, which allows you to take on more clients and more work. There is also an option of writing and self-publishing your e-book. It doesn’t have to a great novel, there is a large market for self-help books on Amazon. After all, what else are you going to do with that English major anyway?
Have a green thumb and enjoy messing with dirt and plants? Why not make some cash while doing it? Most people can’t afford a professional gardening service but are more than happy to outsource the basic yard work for the right price. For the most part, this entails the basic tasks, like mowing a lawn or watering plants, but you can upgrade your service by offering some basic landscaping and gardening. The work is mostly seasonal, but if you don’t mind some manual labor, you can always throw in snow cleaning as an option to your regular customers. If shoveling seems too hard, you can always invest in a small snowblower that can fit in the trunk of your car.
This list is by no means extensive and there are plenty more options of earning some additional income. The ones we listed here are just some of the most common ones and easiest to perform. The sad reality is that for most young adults, a side hustle is a must in order to make ends meet, but on the bright side, it will help you improve your skill and provide you with valuable experience, especially if your 9 to 5 job is in a different field. Some of the gigs we listed can be hard or easy, depending on your skill set, but each one has a potential to provide you with an income that can provide you with a little extra freedom and comfort in your life. All you have to lose is your time.