Everything You Need to Know About Your Next Side Hustle

Everything You Need to Know About Your Next Side Hustle

Photo: Viktoriia Hnatiuk (Shutterstock) In our capitalist society, there’s constant pressure to turn every free moment into a money-making opportunity. But I’m not here to dwell on capitalism. I’m here to talk about the popularity of side hustles, and all the ways you can get in on the action.

In addition to my role as a staff writer at Lifehacker, I can usually depend on a few extra hundred dollars every year from one-off gigs like humor writing, voice-over work, and copy editing. What’s notable is how I can do all these odd jobs from the same work desk (OK, you caught me: work bed).

According to Side Hustle Nation , the most popular ways to make money on the side are often all done online—a fact that only became increasingly true over the pandemic. In fact, a study from popular freelance job platform Upwork found that during the pandemic, 12% of the U.S. workforce tried freelancing for the first time.

However, it’s difficult to gauge how much extra income you can actually earn from a side hustle, since payment varies wildly depending on your expertise, location, and amount of time you have. Below we’ll go through some of the most popular types of side hustles to kickstart or supplement your income.

Note: All the average hourly pay estimates come from Payscale ; you can read more about how they crowdsource and validate salary data here . Online part-time gigs

Examples: Virtual assistant, customer service representative, online tutor.

What you put into it: You could work up to 20 hours a week for some roles. Varying levels of expertise is required; virtual assistants might not need any educational requirements, but an SAT tutor needs some additional qualifications.

What you can get out of it: Moderate flexibility (your hours might depend on your client), ability to work from anywhere, average $15 per hour.

Tip: Network to find jobs. Reach out to people who you know have had success freelancing to hear their advice, ask for referrals from past clients, and join industry-specific Facebook groups to stay up-to-date on freelance opportunities. Online microjobs (aka “odd jobs”)

Examples: Graphic design, resume editing, data entry, transcribing audio and video , voice-over artist, dating app ghostwriter .

What you put into it: Basic tech savvy, usually one-three hours per gig (but this can vary greatly), specific skills for projects involving design or programming.

What you can get out of it: Can charge a higher rate depending on your skill level; transcribing averages at about $15 per hour, online tutors average around $20 per hour, and experienced graphic designers can set rates at several hundred dollars per project.

Tip: Create a profile that showcases your specialities and browse freelance gig sites like Editorr , FlexJobs , and Upwork . In-person microjobs

Examples: Dog walking, house sitting, moving furniture, cleaning, notary services, personal training, etc.

What you put into it: Physical travel, usually one- to two-hour tasks, specific expertise depending on the project.

What you can get out of it: Depends on the task at hand and your personal rates; some—like walking dogs—can earn around $15 per hour.

Tip: Get creative with the sort of services you can provide. I’ve heard of people making a quick buck from knife-sharpening, pet waste removal, and cleaning car interiors. E-commerce

Examples: Selling homemade goods on Etsy, re-selling clothes on apps like Depop , getting rid of your old crap on eBay/Craigslist/Facebook Marketplace.

What you put into it: Several hours doing market research, taking good photos and writing descriptions for items, handling buyer interactions, and then physically packaging and shipping items to buyers. What you can get out of it: Income varies depending on item; you have tons of flexibility in terms of what, how much, and when you sell. Tip: Good customer service can turn you into a top seller; conversely, one negative review can have a (potentially unfair) negative impact on your sales. Here are some of the best sites to sell all your old stuff . Rideshare gigs Examples: Lyft, DoorDash, Instacart, etc. What you put into it: Your own car, potentially high-pressure shifts that last anywhere from one to 12 hours. What you can get out of it: Flexibility setting your own hours. Sources on hourly pay range from $8-20 per hour, averaging around $14 per hour (plus customer tips). Tip: If you like working rideshare gigs, don’t feel the need to be loyal to one corporation over another—drive for multiple companies at once to maximize your profits. […]

source Everything You Need to Know About Your Next Side Hustle

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