The 13 Best Side Hustle Ideas to Boost Income [2020]


Side Hustle Ideas- If you are looking to achieve financial security, a side hustle can make all the difference. Your day job may be enough to meet important expenses, but if you want to earn extra income and increase your savings, you can engage in a side hustle.

Many people are following their passion and earning a lot of money through side jobs. Here, you will learn about the best side hustle ideas that will allow you to make more money while doing what you love the most.

 

1. Ride-Sharing Service

Income Potential:  $8.55 – $11.77 per hour

Thanks to the sharing economy, a large number of people are earning extra money. Ride-sharing companies like Lyft and Uber have allowed everyone to become part of this revolution. You can be a part of the ride-sharing service to earn extra money during the weekends.

One of the best things about Uber and Lyft ride-sharing companies is that you have control over the work hours. You can make yourself easily available and unavailable through the network with just a simple click. It is a convenient side hustle idea as it allows you to make money during the time of the day or night that best suits your lifestyle needs.

Tips to Get Started

In order to become an Uber or Lyft driver, you have to meet their requirements. Drivers are required to hold a valid driving license and have three years of driving experience (if under 23 years of age). Additionally, you should meet the minimum age requirements for your car in the state you live in. Your car should also be insured and registered in the city where you intend to drive. It should have also passed the vehicle emission test at a DMV inspection facility.

Don’t have a vehicle that meets the requirements? No worries. Uber also provides an option for you to work with vehicle solution partners, such as Hertz, Avis, and Getaround.

A little known fact about making money through a ride-sharing service is that you can earn extra income through advertising. Vugo allows you to make money by setting up a tablet inside the car that shows ads to the passengers. This particular option is currently available in select markets and allows you to earn about $100 extra per month.

2. Sell items on Craigslist or eBay

Income Potential:  $1k – $20k/mo

Selling items on Craigslist and eBay is the surest way to make extra money. You can list any new and used item that is collecting dust in your house. From household appliances, electronic goods, furniture, collectibles, to consoles and more, the online platform allows you to sell a variety of items.

Tips to Get Started

You can sell your items or earn a commission by selling others’ stuff on these platforms. But remember to take good quality photos and add a small description of the items that you want to sell online. Also, declare any income from sales on Craigslist and eBay in your tax returns as ‘hobby income’.

3. Become a Blogger

Income Potential:  $1k – $100k/mo

Blog ideas

Blogging is another great side hustle idea that if done right could allow you to make thousands of dollars per month. You can make money through affiliate or advertising revenue. And the best thing about it is that you don’t have to spend a lot of time on this side hustle.

You can blog once a week – or even once a month – and earn money. Setting up a blog site is easy and takes just a few minutes. Make sure to do your research to determine what people read the most online.

You can adopt two strategies to make money through blogging. The first strategy is to create valuable content that most people are searching for online. You can use tools like Google Keyword Planner or Google Trends to know about the keywords and topics that are trending online.

The other option for making money through blogging is to create your brand. This is the route taken by most famous bloggers who earn outlandish income like Neil Patel, Seth Godin, Chris Borgan, David Risley, Katie Freiling, and others. The route will take more time to attract traffic. But if you consistently write good blogs, you will likely be able to make a lot of money using the influencer approach.

Tips to Get Started

The first thing you need to get started is to create a blog site. Purchase a domain name from GoDaddy or Namecheap. Make sure that you also opt for the SSL security feature otherwise; people will not trust and visit your website.

After purchasing a domain name from a web hosting service, upload the web pages using an FTP software.  An alternate option is to select a website builder platform, such as WordPress, Webs.com, or Wix.com, that lets you select and modify website templates. And that’s it. Just start blogging and earn income online.

want to start a Blog. read how to start a blog under 4 dollars a month

4. Freelancing

Income Potential:  $1k – $5k/mo

Freelancing is a great way to earn supplemental income during the weekend. You should look at freelancing gigs on sites such as Upwork, Fiverr, ProBlogger, and Freelancer. The freelancing jobs available on these sites include copywriting, accounting, website design, and programming.

Starting as a freelancer is not easy. You may have to offer your services at low-price points at the start. But when you are able to build your brand by delivering value, you can earn thousands of dollars per month using the strategy.

Tips to Get Started

Determine how you will charge your customers. You can charge by the project, hour, day, or a fixed fee. Make sure to get a deposit upfront before starting work on a project. A contract is also recommended to protect from legal issues in case of a disagreement.

You need to market yourself by convincing your clients that you are the best in your field. Demonstrate your expertise by sending sample work to the client. Getting recommendations from satisfied clients is also important to successfully make money online.

5. Social Media Manager for Small Businesses

Income Potential:  $1k – $5k/mo

Small business owners know the importance of having a strong presence on social media sites. But most don’t have the time – or expertise – to engage with online fans on social media platforms. They look for a social media manager to post on social media sites like Twitter, Facebook, Snapchat, and Instagram.

Tips to Get Started

Talk to your local business owners about managing social media sites for them. You can offer your services for a contracted monthly fee. The income from managing a social media site for a single business may be small. But you can earn thousands of dollars per month if you manage the social media sites of different business owners in your area.

6. Become a Social Media Influencer

Income Potential:  $1k – $50k/mo

Social media ideas

Social media presents an opportunity for anyone to become an influencer. All that it takes is talent to impress people. Don’t fancy being in the spotlight? No worries. You can build an online following of your pet or child.

You can monetize from social media in several ways, such as:

  • Selling your product
  • Sponsored posts
  • Online advertising

An average influencer charges up to $400 per post. The amount varies depending on the number of social media fans.

Tips to Get Started

You can’t monetize from social media right away.  You have to build your brand and gain followers by being consistent about the type and timing of your posts. It will take time to become a social influencer, but the effort is well worth it as you can earn a lot of money from the side hustle.

7. Create Online Courses

Income Potential:  $500 – $50k/mo

Creating online courses is another great money-making side hustle idea. If you are good at anything, you can leverage your skill to make income by creating a course. You can create courses and publish on online platforms like Udemy or Coursera.

Tips to Get Started

Create courses that will deliver tremendous value for your target audience. This requires you to do some research to find out which courses are in great demand. Monetize by creating courses around topics that are popular but the information is not available online.

Focus on niches that want to solve a problem. For instance, you can create a course that provides information about a high-protein vegetable diet for athletes or tips to repair electronic devices. If people are desperate about solving a problem, there is an opportunity for you to help them and make money.

8. Publish an eBook

Income Potential:  $100 – $100k/mo

Publishing a book is a great way to make passive income. After writing and publishing a book, you won’t have to do anything. Your bank account will start filling as people read your book.

Publishing a book online is often free. There are a lot of potential earnings from selling books online. The side hustle idea will allow you to earn anything from a few dollars to millions of dollars.

If you own a blog site, you already have the content that you can convert to an eBook. All you need to do is to organize the blogs into different chapters and add some details. Many bloggers use this tactic to earn extra income from their blogs. An example is Matt Kepnes who owns a travel blog site and has created guides on traveling. You can visit his site for inspiration to turning blog posts into an eBook.

Tips to Get Started

You can easily publish and sell your eBooks online using platforms such as Amazon KDP and CreateSpace, Barnes and Noble, and Waterstones,. You have to pay a percentage of the sales to the online publisher.

eBooks generally sell for between $1 and $19.99.  But you can sell your eBooks for any price you like. Consider altering the price to see the ideal price that most people will want to pay to read your book. The price you set for the eBook depends on the competition, content length, and reviews.

You can also use marketing tactics to promote your eBooks. Contact an online influencer to promote your website. You can also use online advertising media such as Google Adwords or Facebook Ads for marketing your book online.

9. Create and Sell Audio Books

Income Potential:  $1k – $10k/mo

audio books side hustle

Many people today prefer audio books since it allows them to listen to books while driving or carrying out other activities.

A study by Audio Publishers Association found that nearly 50 percent of Americans age 12 and above listen to audio books. The survey also showed that about 74 percent of consumers listened to audio books in their car.

If you any idea that you want to teach others, you can create an audio book and earn money from it. Audio books can be on any topic such as digital marketing, online business ideas, cooking, or others.

You can also get paid by being an audio book narrator. Audio narrators can charge a fixed or hourly fee for narrating other people’s books. You can earn through royalty shares but you will have to prove that you are an experienced narrator.

Tips to Get Started

Audio books can be published on platforms such as iTunes and Audible. Visit online platforms such as ACX to learn about tips for creating and selling audio books. With the right volume of audio books, you can earn thousands of dollars in passive income every month.

10. Become a Chef

Income Potential:  $5k – $10k/mo

If you love cooking, becoming a chef is a great side hustle idea to make extra money. You can prepare meals at home for other people. Additionally, you can become a cooking instructor. Average cooking instructors charge between $100 and $150 per class.

You can pick any area that you are experts in such as seafood, gourmet diet, pastries, and others. Having multiple culinary skills is a plus since you can teach different types of dishes and make more money.

Tips to Get Started

You can give cooking classes to a group of people at your own home or the client’s home. The fee for personal cooking should obviously be higher as compared to group cooking classes.

If you don’t fancy giving classes at home, you can consider online teaching classes. The benefit of online classes is that you don’t have to give classes to different people. Just create a cooking video and let your video earn money for you.

11. Sell Home Made Meals

Income Potential:  $1k – $5k/mo

Personal cooking classes can be too costly for some people. You should consider selling pre-made home meals. You don’t have to make dozens of meals every day. Cooking just three meals per day can be easy, and profitable.

The plus point of selling homemade meals is that you can cook large portions and serve delicious meals for yourself and the family every day. The side hustle will save you hundreds of dollars spent on dine-outs.

Tips to Get Started

You can cook meals for catering events during the weekend. This will allow you to earn extra income and also build a reputation as an expert cook. You can start by preparing meals for parties hosted by your friends and relatives.

You can charge a fixed fee for an event or by the plate. Once you have to build a reputation and gained cooking skills, you can set up an online cooking class discussed in the previous section.

12. Virtual Assistant

Income Potential:  $1k – $4k/mo

A virtual assistant works remotely as compared to working from an office. You can become a virtual assistant offering your services for tasks such as bookkeeping, social media, administration, and more. The demand for virtual assistants is increasing as it is a more cost-effective method for companies.

You can specialize in different areas by offering the services of virtual assistants. Many businesses around the world rely on a team of virtual assistants to perform back-office operations. The organizations are able to cut down costs and focus on growing their business by handing non-core tasks to virtual assistants.

Tips to Get Started

You can look for virtual assistant opportunities at Craigslist and freelance websites such as Upwork and Freelancer. Most virtual assistants charge by the hour while others charge a fixed fee for the virtual services.

When you have gained experience, you should consider branch out on your own by becoming an independent contractor. You can market your services online on social media or use Google Adwords to advertise your services. Setting up your website is also recommended when you have gained experience so that people can contact you online.

13. Develop YouTube Videos

Income Potential:  $1k – $500k/mo

YouTube side hustle

YouTube offers great opportunities to earn lots of money through your side hustle. While the platform may not be the quickest way to make money online, you can earn a significant income per month through the video-sharing platform.

You can make money by making entertaining or informative videos. Creating YouTube tutorials on popular is a great way to earn money. To attract a large number of online viewers, your videos should informative, entertaining, or engaging. You can sell and promote products or services in the free video tutorials.

Tips to Get Started

You can monetize from your YouTube channel by signing up for the YouTube Partner Program. You can become a partner if your video channel meets the following requirements.

  • Over 1,000 subscribers
  • More than 4,000 watch time over the last year
  • Videos don’t violate Youtube policies
  • Set an AdSense account

YouTube is able to pay you due to the income from its AdSense account. You can connect multiple video channels to a single AdSense account. The account can be created when signing up for the YouTube partner program.

Your application for the partner program will be evaluated to ensure that it meets the policies and guidelines of YouTube. Every application goes through the standard review process. Only channels that don’t violate the guidelines are accepted in the partner program.

Remember that the review process is not over once you get accepted into the program. Your account will be reviewed constantly to ensure that it meets the guidelines. This means that your account will be suspended if it found that you have created videos that violate the terms and agreements.

The guidelines are comprehensive since YouTube has to find the right balance between viewers, creators, and advertisers. It’s is strongly recommended that you read the online content to familiarize yourself with the content.

Apart from the YouTube partner program, you can also earn income in the following ways from your video channel.

  • Advertising Income –Earn ad income from overlay, display and video ads
  • Super Stickers –Your video fans can pay you to get their message displayed prominently in the chat stream.
  • Channel Memberships –Charge channel members recurring fees for special perks
  • Merchandise Income –Your channel members can browse and buy merchandise that is shown on the watch pages
  • YouTube Premium Revenue –You can be part of the Premium subscription fee when viewers watch your premium content

Final Remarks about Side Hustle Ideas

Side hustle idea

Most people are finding that the day job is not enough to attain financial goals. Side hustles can help you to boost your income to achieve financial security.

The most important thing is that you should let your passion decide which side hustles to select. If your heart is in the task, you will not hesitate to invest lots of time in making your side job a success. The more effort you put into the side jobs, the more money you will likely earn from the side hustle.

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