Are you stuck in a 9 to 5 job with an unattractive income? Do you wish you had the means to make some extra money? Don’t worry! A lot of you may desire it especially when you have a mundane job with little social security. But, thanks to side hustles, you can pocket more. So let’s explore some side hustles that you can pursue.
What is a side hustle?
A side hustle is a part-time job that people pursue during their spare time. The stint allows individuals to earn an additional income so that they can pay bills more comfortably or even save up for a good vacation. Here are some interesting options that can be considered.
1. Social media management
Social media handling is one of the easiest ways to earn extra money. A new company is launched everyday and there is a lot of demand for people who can post content on their social media handles. You can easily pick up the required skills for this job by picking the relevant tools, scheduling content, and monitoring it regularly.
2. YouTube videos
Every day, millions of people scroll through YouTube for educational and entertaining content. If you can create relevant and high quality content and use the right keywords to promote it, you can attract the audience. Consistency is key to make your videos more shareable.
3. Affiliate marketing
Image credit: Carlos Muza, Unsplash
Affiliate marketing is the process of promoting third-party products on your website or social media channel. In return, the third-party pays you a commission. So you do not have to invest time and energy to do this. A basic idea about marketing concepts is sufficient to showcase products and increase visibility.
4. Fiverr gigs
Fiverr is a platform where various services ranging from writing, marketing, design to website development, can be availed of. So if you have any technical or non-technical skills, you can create a gig on Fiverr to attract customers. On completion of providing the service, you can ask customers to rate you. Needless to say, good ratings can fetch more clients and increase your earnings.
5. Rent out space
If you have extra space in your house, you can rent it out as a homestay or hotel on Airbnb. There is immense demand for safe accommodation in the travel sector. And, providing a comfortable place to stay is one of the best and easiest ways to garner more money.
6. Freelance writing
Content writing has become one of the most sought-after skills in today’s time. Sites like Freelancer and Upwork offer many content writing jobs with good payouts.
7. Online tutoring
If you are passionate about teaching, you can curate online sessions or children in subjects like mathematics, music, coding and more.
8. Cab driving
With the advent of cab aggregators like Ola and Uber, driving has become a lucrative job. If you have a flair for taking to the road, you can register with them. The best part is that you can provide your service even if you have a full time job.
9. Sell and resell stuff
Image credit: Karolina Grabowska, Pexels
Many sites like eBay and Amazon allow you to sell things and also resell used commodities. So, if you have a flair for buying and selling goods, this hustle is a good fit for you.
10. Teach a language
If you know numerous foreign or Indian languages, you can get associated with digital platforms and teach people to speak, write and read in those languages.
How to figure out the right fit
If you want to identify the right hustle to go after, the first step is to make a list of your interests. Try answering the question - what interests you and where can you apply your skills? Because unless you are passionate about something, you cannot devote time to it. You also need to understand your financial goals - the objective, timeline, etc.
Once you choose the right stint, ensure that you set aside a certain time to work on it. Consistency and dedication is a must to attain success. At the same time, it is important to not lose focus on your regular or full time job. It is all about creating and finding the right balance between the two.
Edited by Roshni Shroff
Illustration by Jyothi Syam
Some resources to help you get a better idea of side hustles: