Whether you’re looking to make extra money to pay down debt or to save for a wedding or a vacation, bringing in additional income is a great way to help meet your financial goals. There are only so many hours in the day, so the best side hustles are the ones you can do in the evenings or on the weekends when you are off from your 9-5 job.
Need a low commitment way to make a bunch of money, fast? Working as a server or a bartender is a great way to earn some extra cash. This job certainly isn’t for everyone, but if you’re looking to pick up some extra work around the holidays or over the summer, plenty of restaurants will be hiring. You could work for a few months at a restaurant and leave with no hard feelings after the busy season is over or once you’ve met your savings goal.
I’ve worked at a couple different restaurants over the years. One, when I was in graduate school, and another when I was trying to save for my wedding. On my best night, I made over $400 in tips in six hours of work. That was not typical, but it was such a rush.
Pet sitting and house sitting are great ways to earn some extra money or live rent free. I spent about two weeks pet/house sitting this summer and earned $1,100. During the day, I could do other work between stopping by to walk the dog and water the plants.
My friend lined up house sitting gigs for the whole summer and actually moved out of his apartment. He did not get paid for his work, but he was not paying rent all summer and lived in some pretty cool houses.
Pro tip: If you live near a college, professors are frequently looking for house sitters when they go on sabbatical and research trips.
Do you have a hobby or skill that you could turn into a business? One of my friends sells jewelry on Etsy and at local craft fairs.
You could also declutter your house and sell stuff you are getting rid of online. Decluttr, eBay, and Craigslist are great places to start.
Don’t want the hassle, put a couple signs up and set up a yard sale. My town does a community wide yard sale every year, so the customers are guaranteed. It’s just a matter of setting aside the things you want to sell and getting organized ahead of time.
Tutoring and Music Lessons
You could work as a tutor or give music lessons in your free time. Depending on the subject, tutors in my area can charge up to $100 an hour. Elementary tutors typically make between $25 and $50 an hour. This is a great side hustle for teachers.
If you play an instrument, you could give music lessons. Growing up, I took guitar lessons from a local musician. My mom used to teach piano to neighborhood kids.
Rent Out a Room
Do you have a spare bedroom in your house? You could make extra money by renting it out. Airbnb could be used to rent it out nightly, or you could use Craigslist, Realtor, or Trulia to find a longterm renter.
The Washington Post reported on a study that was conducted by the loan company Earnest (which analyzed thousands of loan applications). The study found that the median monthly earnings for Airbnb hosts is $440. That could put a significant dent in your monthly debt payment!
Start a Blog
So I’ve heard that blogging can be a great side hustle. I have to chuckle as I write this because I have not made a cent blogging, so far, but I’m in it for the long haul and remain optimistic.
Plenty of rockstar bloggers have written posts about how to start a blog and how to monetize your blog. Here are a few great resources to check out:
How to Start a WordPress Blog on Bluehost – Making Sense of Cents
How to Start a Blog (& Make Money) – Millennial Money
How to Start a WordPress Blog on Bluehost – Millennial Money Man
I did not have much technical know-how when I started blogging, so I found other bloggers’ how-to guides to be very helpful. Whether or not blogging becomes a lucrative side hustle, I am very much enjoying the process.
Here are some other ideas for how to make money outside of your day job:
Work as much or as little as you want!
Pizza Delivery Driver
Listen to podcasts as you work!
Mow a few lawns on the weekends and make a few extra bucks.
Got a pickup? Put a plow on it and charge $40+ per driveway.
Bookkeeping/Accounting for a Small Business
Great with numbers? See if a local business needs help doing the books.
When deciding what kind of side hustle to take on, think about how much time and effort you’re willing to put into a second (or third, or fourth) job. If your main job is stressful, you probably wouldn’t want to take on a second job that could add to your stress level.
I think that the best side hustles are jobs that you can come and go from without too much trouble, and ideally ones that you enjoy doing.
What’s your side hustle?
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