5 Side Hustles for Extra Income
There are plenty of side hustles you can take advantage of to maximize your earning power.
Whether it’s extra savings, getting out of debt or increasing your investments, there’s plenty of ways to put this extra income to work.
No matter the reason, here are five ways to make some extra cash:
Freelance writing or editing
If you have a knack for writing, you might be able to put your skills to work online. Depending on your experience, you can earn anywhere from $20 to $150 per hour. We recommend starting out with a large free lance provider like Fiver and testing out their established marketplace.
Tutoring
There’s no better way to take advantage of some academic expertise than private tutoring. Tutors can earn between $20-$50 per hour and there’s always a market for this type of work with high school and college students preparing for important exams each year.
Dog walking or pet sitting
Sometimes your opportunity for extra cash is right next door. People in your neighborhood will pay you to take their dogs on walks or “dog-sit” while they’re away from home. You can also sign up for a dog walking service like Wag or Rover to increase your network of potential customers.
Delivering food or groceries
If you have a car, you can deliver food or groceries with a number of delivery services like Instacart or Grubhub. You can make between $10-$20 per hour plus tips.
Rent out your car
Just like you can rent out apartments and homes with Airbnb, Turo and other similar services allow you to rent out your car while you’re not using it. You can earn up to $200 per day with exact rates depending on the length of the rental agreement.
One important thing to keep in mind for all these options is it can take time to establish yourself in a given field. Even though these jobs are just a source of extra cash for you, they still fulfill important needs for people using the service.
As such, quality work and credibility will be top of mind for potential customers. Build up a good reputation and you could soon start seeing significant income from these side hustles.
