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Let’s face it: with the current state of the economy, we’ve had no choice but to tighten our belts and reign in the spending. But doing this can be hard, and giving up some favorite luxuries is even harder. But it doesn’t have to be.
Starting a side hustle is easy and a great way to supplement your income. You may find that these 12 side hustles can make you six figures.
Become a Blogger
Becoming a blogger has never been easier or more lucrative than now, and the best thing about it? It’s super easy. Thanks to free-to-use sites like Wix or WordPress, you don’t need to be a tech genius to set up your own blog.
All you need to do is find something you are passionate about and write about it. To ensure your blog starts generating money, consider using SEO best practices.
Become a Third-Party Seller on Amazon
Becoming a third-party seller on Amazon is a good way to earn six figures (eventually). Yahoo Finance reported what Founder and CEO of RebateKey, Ian Sells said, “When I saw the potential of Amazon, I decided that it could be a good side hustle.” Now Sells is making sales figures in the millions.
Do all your research on the products you want to sell and choose ones that will bring you at least 30% in return.
Offer Freelance Consulting
Is there something that you’re particularly good at or are trained in that you feel could help others? You should consider freelance consulting. Whether it’s things like law consulting, financial advisor or real estate, you can make some decent money from it.
Currently, the average salary for a freelance consultant is around $125,902 per year. For example, a freelance business consultant in the U.S. earns around $47.73 per hour.
Consider Content Creation
If you’re a creative person, content creation could be the side hustle for you. The great thing about content creation is that it’s so broad. From Instagram to YouTube and even TikTok, there are plenty of options, and they’re free!
On TikTok, you can earn 2 to 4 cents per 1,000 views, so a video with 1 million views can earn you around $20-$40 dollars. If you combine this money with money earned from Instagram and YouTube, you could find yourself earning six figures.
Affiliate Marketing
If you’re considering content creation, why not consider affiliate marketing? If you have a large following on your online social media accounts, companies can sponsor your products, which you advertise on behalf of them.
It works because consumers will purchase the product via the link and code you provided. Each sale you bring in will earn you a small commission. To get started, you should join an affiliate network like Commission Factory.
Offer Virtual Assistant Services
Do you love administration tasks or have experience working as a virtual assistant? This side hustle is a great opportunity to make money online, and all you need is a cell phone, a stable internet connection and a PC/laptop.
According to Glassdoor, the average yearly salary of a virtual assistant is between $40 and $64k. The amount of money will depend on the hours worked and your tasks.
Print on Demand
Printing on demand is a great side hustle for those who are creative and have dabbled in graphic design. You can design custom merchandise for things like bachelorette parties and birthdays.
Sell your merchandise on print-on-demand services like Printify.
Software Development
Developing and selling your own software and applications is a highly lucrative side hustle if you get your niche right. According to Fueled, the top 200 apps in the world make a whopping $82,500 daily and with the average adult spending 3 hours a day consuming digital media, making an app can be a very good side hustle.
Mow Lawns
This one may surprise you but mowing lawns can actually be quite rewarding side hustle, especially if you enjoy working outdoors. According to Yahoo Finance, some lawn care vendors can make up to $55 per hour mowing the lawn.
Consider joining GreenPal and building a steady stream of clients to see the money streaming in.
Start a Podcast
It seems like everyone has a podcast these days for a good reason. Depending on how many streams you get, the average podcaster can earn anywhere between $700 a month to $13,000.
To set up a successful podcast, you need to pick a topic you love and feel knowledgeable talking about, while making sure it’s something that people will want to listen to. Having good sound and recording equipment is key.
Start a Lead Generating Website
Did you know you can earn money on websites through lead generation, where you can turn visitors into potential customers? You can do this by including plenty of CTAs (calls to action), offering limited deals, having forms that can be filled in, and providing incentives to encourage spending.
Handyman Work
The last side hustle on this list that can make you six figures is being a handyman or tradesman during your spare time. The latest data from ZipRecruiter shows that handymen make an average of $25.49 an hour. However, some handymen can see salaries of up to $36.30 per hour.
You can offer services from drywalling to tiling and gutter cleaning to furniture assembly. Pick a service that you are skilled in or where there is a shortage.
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Busy modern lifestyles require flexibility and stable earning potential. However, not everyone can make a good living while managing the responsibilities of being a remote worker. It takes discipline, time management skills, and integrity to be successful. Whether you’re a stay-at-home parent, a student, or just looking for an extra source of income, these jobs might be the perfect solution for you. Thanks to the internet, there are plenty of opportunities to work from home and earn at least $25 an hour. Now, it’s just a matter of determining which job is the best fit for your skills and lifestyle.
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