Long gone are the days where we simply work 9 till 5 and go home to chill. These days, side hustles are more popular than ever. This is because people want to expand their knowledge, and get involved with other industries where they can. Sometimes, working a full-time job isn’t enough stimulation for people to think they’re doing what they can for the world. Plus, side hustles are a great way to top up your income and earn more money. Thus, you can save this money and eventually even reach financial independence.
If you’ve never considered starting a side hustle before, you may have no idea where to start. That’s where this guide comes in. We’re going to put forward four easy side hustles you should try, and that can earn you a lot of money if done right. These side hustles might even become your full-time income if you play your cards right.
Start a Blog
Blogging has been popular for a number of years, and while most of the time it’s done for fun, it is also possible to make money, and allow it to be your side hustle on top of your full-time income. You can make money from blogging by monetising your website, using affiliate links (to sell products or services), and even doing sponsored posts on your website too. While blogging isn’t seen as a reliable income, it can be a nice extra bit of cash every month to buy luxuries. Who knows? If you’re blogging about a certain brand and they see your post loving their products, you may even end up on their PR list.
If you are going to start a blog, we would recommend going self-hosted though, stay away from WordPress, Squarespace and Wix; why? Simply because if you want to make money, you’re limited on these platforms, but you’re not if your blog is self-hosted. Plus, there isn’t much of a price difference either.
Try Freelance Designing or Writing
Do you have a skill that others would pay you for? Designing and writing are two great skills that so many people lack, and therefore hire others to help them. Try freelancing in your spare time, and you will see the amount of money you can actually make. In your first few months you may have to work for a little less money, but over time, this can increase into something great. Plus, you can use any extra money you earn to book a fancy getaway with your partner or something to treat yourself with.
Sign up to any freelancing platform to get started and let employers/clients know that you’re available right now.
Invest in Property
Do you have some capital sitting in a bank account collecting dust? If so, investing in property may be a side hustle you want to consider. Property investment is reliable and one of the safest investment options. Rather than the risk that stocks and shares pose to your finances, you can treat investing in property as a side project that you can make returns on. There are so many people out there who choose property as their side hustle because of the sheer amount they can make from it.
Before investing, consult property experts such as RWinvest to ask more about investing and to assess whether it’s the right decision for you. Speaking with a professional will give you more of an idea whether it’s a good idea to invest or if you should hold up a little longer. After all, investing is a decision you shouldn’t consider lightly.
Create an eCommerce Store
Online stores get an insane amount of traffic, and this is one of the main reasons that people choose to sell things online. Opening and creating your own eCommerce store in 2020 is easier than ever. Simply use a platform like Shopify, design your website and decide on products you’re going to sell. After you’ve done this, you’re ready to open up! While it seems complicated initially, setting up an eCommerce store has never been easier. Be sure, before you do put any of your hard-earned cash into the store though, you do your research.