5 Types of Side Hustles to Make You More Money
If you’re looking for a way to make money outside of your everyday job, getting started with a side hustle is an obvious first step. But the decision of what your side hustle could be may not be so obvious to you. From using your professional skills, to just helping out around the neighborhood, the options available to increase your income are limitless!
Use the skills in your professional repertoire and work doing UI/UX design, writing, developing various sorts of web pages or apps, all types of creative work (photography, voice acting, animation or illustration, video editing/production), data mining, and consulting for multiple business needs (HR, legal, finance, internet security). Or if you have a great idea and an entrepreneurial spirit, creating your own startup company.
If you’re a pro at makeup, cooking and baking, music, or have any hobby you could make into a lucrative business, you can use that skill to make money while having fun at the same time. Successful YouTube personalities can become millionaires, and just about any hobby can be shared via online content. Sell baked goods or handmade products at local farmers markets, craft fairs or online. With the right mindset, you can make any hobby a profitable side project.
Lawn care businesses aren’t just for kids. Find jobs that you can do around your neighborhood. Yard work, gutter cleaning and interior work like house cleaning or holiday decorating, even moving services and odd jobs like baby/pet/house sitting are all options.
If you aren’t afraid to take risks and are good with money and numbers, investing might be for you. Getting involved with real estate, penny stocks, peer to peer lending or even using an investment app like Robinhood, Betterment, or Ellevest (specifically for women) can all be used to make money by trading, buying and selling.
Renting/ Sharing Economy
The sharing economy has started to take over as a means to make money, especially in the millennial demographic. Uber, Lyft, and Airbnb really kickstarted the movement, but now you can rent out other belongings including your camera, bike, car or even boats. Keep your eyes open for sharing resources that work for you!