Nothing quite prepares you for the real world like student loans, rent, insurance, and taxes do. Getting a hold of your finances seems to be tougher than ever before, especially with the record-breaking amount of debt setting back the vast majority of millennials aged between 23 and 28. A full-time job may offer steady income and a valuable sense of financial stability, but many find themselves scrambling to balance a comfortable lifestyle when the bills need paying.
Instead of living paycheck to paycheck, having extra monthly cash flow could be the game-changer that makes your lifestyle truly livable. These profitable side hustles just might be your answer to your financial woes!
Love writing? Turn your love for the written word into a lucrative side hustle by starting a blog. Before tackling web design and web page creation, figure out what you’re passionate about. Take the time to sit and jot down a few options. Maybe you want to cover a few topics, or maybe you want to hone in on one niche market. Whether it’s sports cars, traveling the world, high street fashion, or glamping outdoors, choose something that will never feel like a chore to write about. Once the affiliate income starts pouring in, you could end up earning more per month than your full-time job pays you!
Renting your space out
Maybe your full-time job has you out on the road for days or weeks at a time. That means your home is empty and a perfect candidate for AirBnb or VRBO for temporary renters. Depending on your location, you may be able to make a good chunk of money from renting your house or apartment for a few days or weeks out of the month. The hotter the city and closer to tourist attractions you are, the more money you’re able to charge per night! Know who you’re renting to by using tenant screening services by SmartMove so you won’t worry about the credibility of the person occupying your home while you’re gone!
Sell your yummy goods
Have one of those renowned recipes that all of your friends and family members fawn over anytime you make it? Make a profit off of it by selling to local restaurants or wedding parties. You’d be surprised how much people will spend on delicious food— so use that to your advantage! Bonus points if cooking/baking brings you some much-needed relaxation. Now that’s what we call work-life balance.
Start an Etsy shop
Artists, we’re talking to you! It’s difficult to make a career out of creating art, but it’s never been easier to make a side hustle out of it. Whether your artistic expertise lies in jewelry making or watercolor prints, Etsy is the perfect place to put your talents on display. People all over the World Wide Web will be able to order your unique pieces and you have total freedom over your charging price! Your creative juices can pay the bills, and you’ll have the best outlet for any residual stress from your 40-hour work week.
It seems like everyone is a pet owner these days. Dog parks are always filled and once 5:30 rolls around, you see everyone out with their dogs for their evening walks. Get in on the action by signing up for Wag or Rover— two apps that connect dog walkers with dogs that need walking. An extra $100 a week for a few evening dog walks could be the extra cash you need to feel more on top of your bills every month. You may even find that the dogs you walk become the highlight of your day!
Maybe you’ve always been passionate about design or you never got to pursue your passion for search engine optimization. Fiverr is one of the best platforms out there for freelancers. Covering everything from digital marketing and programming to graphics and animation, Fiverr connects professionals in need of short-term gigs with freelancers in need of quick cash. Anyone with a background in the following niches will do well in their marketplace:
- Logo design
- Social media
- Voice over
- Data entry
Making a little extra cash while already working 40 hour work weeks may seem impossible— especially when you’re ready to pass out the moment you arrive home— but it doesn’t have to be. These side hustles take a little of your time and can make you a lot of money if you play your cards right!