Why do you need a side hustle?
Having a side hustle is the best way to boost your income stream. Most of them believe that earning passive income can change their life. This is absolutely true!!! You can pay off debt, save money for a vacation, help to reach retirement quickly and more. People can earn passive income in many ways.
But the saddest part is, not everyone runs a side hustle and some people are unable to find ways to make money. Few people think earning money from side hustle ideas is impossible.
Well, it might be a daunting task at initial days but once you plan accordingly, you can make passive income and change your life. Whether you’ve one free hour every day or you are willing to work a minimum of 50 to 60 hours every week, there are multiple options to make extra income with the highest paying side hustles.
Nowadays, having an extra source of income is important. The key reason to choose a side hustle is, many people are facing problems with their day job, whether it’s shifting the job or due to lack of experience. Rescue yourself with a side hustle. Making money with the highest paying side hustles is now the latest trend. Also, everyone is showing attention to it. No matter whether you’re planning to buy a new house or want to save money for a vacation, considering the highest paying side hustle is a great option for you.
If you’re new to the side hustle world and wondering what are the highest paying side hustles available in the market. This article is just for you. Pay attention to the end. You don’t need to quit a traditional job to run a side hustle. These jobs can be done during your spare time or weekends.
Highest paying side hustles
The below mentioned side hustles are “Tried and True”. Skyrocket your income with these highest-paying side hustles. The side job will allow you to follow your passion or hobby and turn it into income. No matter whether you’re good at teaching or a professional content writer, you can boost your earnings while pursuing passion and interest.
Income – Upto $25 per hour
Start a blog and be your own boss. Blogging can be a fulfilling passion or hobby. It’s an excellent way to express interest and passion towards a particular subject (marketing, fashion, education, beauty, etc). Many people believe that starting a blog is an excellent way to earn passive income. For most of them, blogging was a side gig that has turned into primary source income. In fact, you can work in your spare time and earn more money than your full-time job.
If you have a passion for blogging and love helping people then this is an excellent opportunity for you. All you need to have excellent writing skills to pitch decent blogs. Whether you’re interested in a business blog or a fashion blog, you can drive good income from it. Thousands of bloggers are earning money whenever a reader reads the article.
Selling ad space on your blog is the money-making tip for you. The choice is yours!!! You can sell the ad space according to your interest. Also, there is no limit on the number of ads you can run on your blog.
Becoming an affiliate partner is another way to make money, promote other company products or services on your blog to make extra income. On the other hand, you can sell your own products or services on your blogs.
Sell your own merchandise on the blog. Add the shop page, list your products and other customized goods on the page. This is an amazing way to make money through your blog.
Sell templates, this is another popular way to drive income. People always look for good templates to save time and effort. Offering quality templates can drive additional income for you.
2. Freelance writing
Income – Upto $24,000 per month
If you have a doubt or are preparing for your examination, you often search or read the content on the internet. Google is the best friend for everyone. People can find content for almost everything. This content is written by someone. Writers often write the content as their passion or hobby and make a good income.
If you don’t want to start a blog but love to write content, becoming a freelance writer is the better option for you. This is the perfect side hustle, you can work anytime and anywhere. Whether you write good content on finance, art history, cryptocurrency or cooking, there are few platforms such as Upwork that are looking for freelance content writers. Also, you can write content for newsletters, magazines and technical manuals. If you want to earn more, you can write white papers and website copy.
If you can write technical content, treat yourself. Combine your technical knowledge with excellent writing skills. Conduct research, generate ideas and pitch engaging content for business or sites.
How to make money as a freelance writer?
- Define what you’re an expert at, whether you’re good at technical writing or controversial stuff.
- Create your account at freelancing websites i.e Upwork, Freelancer.com and more. Set up a profile, showcase your portfolio, skills, experience and charges.
- Find a project according to your interest. There are thousands of projects posted every day. Pick the project that meets your needs and requirements.
- It’s time to work on the project. This could be a difficult and rewarding step for you. Spend time and create quality and engaging content to impress the client. When you offer quality service, the client may offer another chance for you.
- Get paid once you submit the work. You can get paid through PayPal or direct deposit. Also, request feedback to improve your skills.
3. Influencer marketing
Income – Upto $65,000 per month
It’s a universal fact that influencers can make money from their social media accounts, website and blogs. It’s just a passion or hobby for influencers, but an excellent way to drive a primary source of income. It’s like a traditional job for them.
Whether you’ve 10k followers or 1M followers, you can earn a good income through influencer marketing. Before getting into the brief of how to earn money as an influencer, let’s discuss a few important things.
Create high-quality content, it is important for every influence to make a first and long-lasting impression. When companies look for influencers, they often look at their content and engagement rate. So, you need to create high-quality content to make money.
Invest time and money in creating quality images. A picture is worth a thousand words. Don’t just write, write and post the content. Adding a picture to the content is important to drive attention.
Engage with your audience, this is another crucial thing to consider as an influencer. Instead of simply posting the content, you need to concentrate on user engagement.
How to make money as an influencer?
It’s no surprise sponsored post is an excellent way to earn money on the blog or social media accounts. It’s when companies pay good amounts of money when you promote their brand products or services in the post. You can create the post according to your choice. Many influencers create informationally and review posts. Top influencers are earning $150 per sponsored post.
Become a brand ambassador
Becoming a brand ambassador or representative is another way to make a good income. You can extend the contract for one month or several years. When you become a brand ambassador, you can get free products. Also, few companies will pay extra money when you promote their products or services.
Sell your own products
Whether you sell merchandise or customize items, sell them on your site or social media accounts and make money without hassles. Keep a note, you need to make an initial investment.
Income – Upto $70,000 per year
Capturing memories has become a hobby for many people. Capturing pictures is a personal choice, you don’t need a bachelor degree to become a take picture. All you need is a camera and creativity skills. Every day you can learn new things with photography. You can have fun and enjoy every day at work. Many professional photographers are earning more than $500 every month. Yes, you’ve heard it right. If you want to earn handsome money, becoming a photographer is an excellent side hustle idea for you.
Photography is a crowded space. There are thousands of photographers offering services. However, with excellent skills, you can stand out from the crowd. Create a photography portfolio on job platforms, promote your skills and attract customers.
There are multiple ways to earn money as a photographer.
- Teaching photography is one of the popular ways to earn money. Decide your fee and teach photography online for interested people.
- Sell your digital copies at Shutterstock and Freepik to make a good income. Upload high-quality digital copies and earn money on every download.
- Run a photography blog and earn money on every click.
- Conducting workshops is a legit way to make money. You can join tourist groups and travel agencies to reach more people.
- Selling your photos to popular magazines is the recommended way to reach more clients and customers.
Income – $50 to $150 per task
Is there anybody who’s unaware of the term “microtask or micro job”? Of Course no one. These are excellent options while running out of money. The tasks are simple, you can complete the task in less than an hour just by sitting at home. Unlike freelancing writing, you don’t need skills, knowledge to become a micro tasker. These are the flexible and home-based jobs that need a mobile phone or desktop.
There are several micro task job sites available online – Amazon’s Mechanical Turk, Taskrabbit, Appen and more. Subscribe to these platforms and earn additional income in no time. Earning money whenever you get free time. Complete the micro job on desktop or mobile phone with the microtask job websites. They will assign tasks, you need to complete the task and get paid. The payments are generated automatically once you complete the task. A payment gateway can be PayPal or direct deposit.
Most of the tasks are
- Completing the survey
- Social media evaluation
- Image annotation
- Answer questions
- Influence brands
- Web investigation
- Data labelling
Get paid on every completed task, this is the best option for employees, students, housewives and more. Whether you’re good at reviewing the product or testing the website, you can find the best task for you with respect to your skillset. Most of the taskers are earning between $50 to $150 per task.
6. Sell things online
Income – Depending on the product
Making passive money can sound like a daunting task. Most people rely on freelance service and delivering groceries to customers. The good news is here!!! You don’t need to have a skill set to make passive money. Sell things and make money without hassles. Whether you’re running a small enterprise or a housewife, e-commerce is an excellent way to earn money just by selling things. There are multiple ways to sell things online. Let’s explore them
Create an online store
Open an e-commerce website for either free or invest a few bucks. There are few platforms such as Facebook Marketplace, you can sell things for free. Create your own site, list out your products or services and earn money.
Become a seller on Amazon, eBay, Flipkart
Whether you’re running your own local store or own an online store, you can become a seller on popular sites such as Amazon, eBay and Flipkart. Ger registered, list your products or services. Don’t forget to write a detailed description and price. Keep a note, you need to pay commission on every sold-out product. However, you’re selling products for a massive customer base, a small commission doesn’t matter for you.
As mentioned earlier, affiliate marketing is an easy way to earn side income. However, you need a website to become an affiliate marketer. Instead of selling your things, promote other products and earn additional money.
Selling things online is the best side hustle for the one who loves shopping. Join Amazon’s FBA program and earn side income. Find good discounts on local stores. Sell them on Amazon at high prices. Meanwhile, you can turn this into a full-time job. It’s easy to earn money by selling stuff such as customized items, books, study materials and more. Utilize platforms such as Facebook Marketplace, Twitter, Instagram, etc to reach more people.
7. Real estate
Income – $70,000 – $124,000
People say “You can make a lot of income in real estate”. This is absolutely true. There are two ways to make side income in real estate – buying and holding.
Real estate has proved as the highest paying side hustle than other niches. At the initial stage, you need money to earn income in real estate. It might be overwhelming to invest a few bucks on the property. But, you’ll be happy to invest in real estate. It is a good investment, this is the best source that has generated more wealth from the past few decades.
The property value gradually increases every day. On the other hand, investors are earning rental income. Investing in real estate is an excellent way to earn money. As the property value increases, you can earn good profits by selling them. Location is key while investing in real estate. Buying the property in a prime location is appreciated. Because the property value will increase in quick time. You can earn money by renting your property for commercial or companies.
How to make income in real estate?
- Long-term residential or commercial rentals is one of the top-most ways to earn income. Many people leverage on rentals. If your property is situated at a prime location, you can earn enough money.
- A lease option is another way to make money through real estate. Simply put, you can buy property at a cost-effective price.
- A vacation rental can generate good profits for any investors. If your property is at a tourist spot, you can make a good income by renting them to tourists.
- Commercial property is a proven way to increase earnings. Many local businesses often look for property to run their stores. The commercial property can drive a good income.
Real estate is an excellent option to make side income as an investor. Simply put, real estate will produce outstanding returns in the long run. Also, real estate has tax benefits and can add value to the property. It is said that real estate has set tons of people on the path to freedom and flexibility.
Income – $1000 – $10,000 per month
Every day, more than 1 billion videos are watched on YouTube. People spend maximum time watching videos. On the other hand, small businesses, musicians and other people are promoting their brands on YouTube channel. Creating an account is free and earning money doesn’t need any initial investment.
Earning a passive income without leaving the house is simple and easy with YouTube. Create a YouTube channel and upload videos every day. The more views you get, the more money you can make. Sounds simple right? Yes!!! YouTube is the second most-visited platform in the world. It’s just the go-to source for any information. Whether you’re looking for the latest mobile phone review or learn the latest technology, YouTube is the one-stop destination for you.
Becoming a YouTube expert can sound interesting and fun, but you need to spend time and effort at the beginning. There is no guarantee that you will become a millionaire. But with constant effort, you can make a good income with your YouTube channel.
Let’s discuss how to make money on YouTube
If you’re planning to make money on YouTube, you need to subscribe to the “YouTube Partner Program”. After a subscription, you can find multiple ways to make money on YouTube. You need to follow a few requirements while uploading the video on YouTube
- Your video content needs to meet advertising guidelines.
- Your account must have at least 1000 subscribers.
- Link Good AdSense account.
- You must be located in an eligible area.
Upload more and more videos on your channel, the more videos people watch, the more money you can make. As a YouTube partner, you can make money through advertisements, features such as Super Chat.
Sell products or services
If you’re running a local store or online website, you can sell your products or services to a wide range of audience. People will be aware of your products or services and purchase from you. It is said that YouTube is the best platform to promote your products or services without spending a single penny.
Creating sponsored content is another way to make money on YouTube channels. If you’ve a large audience base, promoting other products or services is the legit way to generate money. Quality is key, when you’re promoting other products or services, you need to sponsor quality ones. Also, be transparent about the brand to help your audience.
9. Online tutor
Income – Upto $60,000 per year
Want to make money during your free time? Online tutoring is the best option for you. Become an online tutor and increase your side income. As the side gig is offering flexible hours, you can take care of dear ones. The online tutor job is an excellent opportunity for stay at home parents and students. On the other hand, you can teach online classes remotely, this way you can have better control over your lives.
Many students are looking for online tutors for their education. If you’re an expert at academics, helping the students and making money easily. You and the student don’t need to meet in real-time, you can teach them remotely. Small and large organizations are looking for tutors who have advanced skills. Online tutors are earning more than $60,000 per year.
- Internet connection
- Headset and
The popular online tutoring websites are TutorABC, GoFLUENT, TutorVista and Tutor.com. These are the popular online tutorial platforms that help to get connected with the right students and tutors. If you’ve good academic knowledge and love teaching, this is the amazing side hustle gig for you. You don’t need to travel from one location to another, you can teach anywhere at any time. You can earn upto $50 per hour and more, it depends on the subject or skill you teach.
In a nutshell
Who says “NO” to extra money? Of Course nobody. Everyone looks to earn extra income. But earning $2,000 per month is what actually matters. Earning $2000 every month is possible with the highest paying side hustles. All you need to have the excellent skill, promoting, time, dedication and elbow grease. Hurray!!! You can earn $2000 every month at a side gig. Hope the above mentioned highest-paying side hustles are useful for you. Apart from these side hustle, our team also suggests you with other side hustle jobs where you can make $25 every hour. This means you can easily earn $1000 every month. Depending on your skillset and experience, choose the perfect side hustle gig for you.
What are you waiting for? Start highest paying side hustle right away.