10 Best Side Hustles for Making Money

A side hustle can considerably increase your monthly revenue and in today's living only on a salary basis is as good as nothing. There's a saying " Having only a single income stream is like going to a war with a single bullet in your pistol."

Everyone's not born with a silver spoon or can have an enormous business up their sleeves but everyone can make a little more money with a little effort. A single source of income can be secure but indeed it won,t help with the skyrocketing inflation rates.

Here are some side hustles that are easy and generate a solid recurring monthly income if done correctly.

1. Coaching and Consulting People Online

You might make good money online coaching or counseling individuals if you have knowledge or experience in a certain field.

What's interesting, according to Meredyth Mustafa-Julock, CEO of Coach Jennie, her wife's coaching and consulting business, is that you can use the abilities you already have to coach others. With the help of her experience, Mustafa-Julock created a new income stream for the company dubbed "Borrow My CEO," which brings in between $30,000 and $40,000 a year.

You may share your knowledge and experiences or get certified, she explains. Online tutoring may be fantastic if you like solving issues and interacting with others. Running a side business as an online coach has no expense, and you can charge by the hour or the month to generate regular income.

2. Help People Move their Suff

According to a statistics analysis from HireAHelper, a moving services platform for both movers and customers planning for their next move, moving services require minimum licensure in the majority of states, and independently-owned moving firms make between $75 and $128 per hour.

According to Ryan Charles, GM of Managed Moving Services at HireAHelper, "it's shockingly easy to create a labor-only moving firm." "Over the weekend, there is a spike in demand for moving services, making this a lucrative side business for people who work during the week. For a person who is physically fit and doesn't mind lifting and carrying large goods, starting a moving firm is a wonderful side business. You might form a partnership, get some basic tools like a moving dolly, name your business, and advertise your services online. Charles advises setting your pricing competitively low to gain positive consumer feedback, then gradually raising them as your reputation grows.

3. Offer Services that can't be Automated

Consider the care of pets. According to statistics from the data analysis firm Grand View Research, pet sitting is a multi-billion dollar industry. simple-to-use applications like Rover and Wag! allow you to register as a pet care provider, conduct on-demand dog walking services, and start making money.

According to Djemilah Birnie, a creative consultant who joined up to walk dogs as a side gig through Rover, "I started dog sitting six months ago." "I made a few hundred dollars more the first month and soon reached $1,000 to $1,500 more each month." Birnie currently anticipates that this side business will bring in $36,000 this year.

4. Start a Youtube Channel

A side business idea that has the potential to give you extra monthly revenue on social media is starting a YouTube channel. You may produce response videos, blog your life, or record and distribute videos that instruct people on a certain subject.

If having a creative outlet appeals to you, think about producing a video and sharing it on websites like YouTube, TikTok, or Instagram to build a following and eventually seek additional revenue streams. Online marketplaces may be a fantastic method to generate extra income and reduce financial pressure.

5. Do Freelance Work

Here are a few instances of freelance work:

1. Writing blogs, newsletters, social media posts, articles, etc.

2. On behalf of your client, manage their social media pages, email databases, digital marketing campaigns, and/or websites.

3. Being available for inquiries and help all throughout the month in a remote, "fractional" job at a corporation where you are not an employee.

4. Becoming a virtual assistant and working for your client on a per-hour basis.

5. Consider forming a business structure if you intend to pitch business owners or organizations. 

Even though it's just you, this will enable you to conduct business as a corporation, granting you tax advantages and allowing you to keep more of your additional revenue in your bank account at the end of the year.

6.  Tutor College or High School Students

As a senior studying mathematics at the University of North Carolina, Aidan Seidman explains, "I tutor in my spare time since it is the most flexible way for me to make money without making my daily schedule too demanding." Seidman claims that in order to attract both short-term and long-term clientele, he employs a variety of tactics.

"I get long-term clients using online outlets like NextDoor, Facebook pages for the school, and advertising on Instagram," he says. "They usually work with me consistently throughout the semester." But I make care to find out when each calculus class's tests are so I can put up a sign outside the door at the appropriate time. The majority of my clients only come to me once or twice to study for an exam. Depending on whether an exam is approaching, Seidman spends one to ten hours every week at a rate of $50.

7. Start Volume Photography

A side business as a wedding or brand photographer is pretty typical if you're competent with a camera and have an eye for composition.

Another strategy to think about is volume photography, which entails showing up on location and shooting pictures of several individuals in one environment, such as when taking pictures for a school district's yearbook or for an event. With a little setup, volume photography can help you earn money, but managing all the photographs on the back end can rapidly become stressful.

8. Offer a Service on Fiverr

If you want to offer a specific skill with a specific skill set and requirements, fiverr can be a very good option for you.

On fiverr you can work remotely and offer physical or online skills both. You just have to create a gig of a skill that you are good at and those who want that service will contact you by themselves.\

9. Curate a Popular Playlist

Do you have good musical taste? If the answer is true, you may be earning some extra cash.

On Spotify, Robin Young has a well-liked rock music playlist. He evaluates songs from emerging musicians on platforms like SubmitHub and Playlist Push before adding them to his playlist.

The problem? The hardest step, according to Young, is getting at least 1,000 followers for your playlist. To surpass the initial 1,000-follower threshold, the musician spent around $400 on Facebook and Instagram advertisements to promote his playlist.

Young now charges $6.25 on average for each music evaluation, which only takes a few minutes.

10. Offer Ghostwriting Services

Are you good with words? if yes then this particular skill can make you a fortune.

Dakota Robertson, a 24-year-old full-time Twitter ghostwriter, claims to have stumbled into the role.

formerly an electrician, the entrepreneur was able to leverage his English coursework to start and grow his presence on Twitter, attracting Robertson to make nearly $200,000 in 2022 ghostwriting for others, according to documents reviewed by NextAdvisor.

social media ghostwriting is a side hustle that you can scale up or down as much as you like, depending on the amount of time you have available.