Profitable Ideas to Make Extra Money on The Side
Side hustles are one of the best ways to increase your income and pay off debts. This way, you will reduce the financial stress and afford a new expensive toy you’ve always wanted. It provides you with financial freedom and an opportunity to retire sooner. Working from home has created the perfect environment to earn extra money on the side. Working in your pajamas on your favorite sofa is the best feeling in the world. Therefore, if you are considering taking on a side hustle, below are some of the best side hustle ideas that can supplement your income and some of the popular ways people have generated significant revenue. Check the list below to learn more about a side gig that suits your needs and skills.
Starting a blog is a lucrative side hustle that might take some time until you can make a lot of money. Some of the most paid blogs earn more than $10,000 per month on affiliate marketing and advertising. Visitors to your blog can click on affiliate links and you will be paid for advertising the brand’s products. And if you are a person who loves to write and has excellent writing skills, it can be a good start to start blogging. And since most bloggers do not start blogging just for money but out of joy and satisfaction, while writing, you will be set up for success if you have great writing skills. Over time, your blog will grow and you can turn it into a great side hustle.
The virtual assistant has become one of the most demanding side gigs. It’s extremely profitable and very popular in the digital world. You can work from anywhere as long as you have a stable internet connection and a laptop. This is the perfect profession for digital nomads and full-time travelers. And with the tendency of more and more people launching a digital business, virtual assistants are in high demand for people who can help them manage the business and take care of the tasks. Some of your tasks might include writing content for the social media platforms, organizing their schedule, data entry, or even graphic design if you have the skills.
Fiverr/UpWork is the perfect platform for freelancers and anybody who is looking for a short-term or a long-term project. Freelancing is a great side hustle and it’s a place where you can find clients, sign up for gigs, and get paid for your work. It’s extremely flexible and you can find all types of side gigs, from writing to data entry and graphic design. The best part is you get to set your working hours. However, you need to remember that you’ll be competing with all of the freelancers around the world since you are biding for the projects and if you get chosen, it’s your time to shine and get the job done
As a graphic designer, you will be able to find a lot of side gigs. Since many businesses focus on their marketing, having nice and clean websites and social media graphics, a graphic designer is a profession in demand. Startup companies and small businesses usually look for freelance graphic designers and if you have the chance of working with different clients on different projects, you’ll enrich your portfolio and gain more experience.
Teaching Engish online is a great side hustle. If you are a native English speaker or your level of English is advanced, this is your chance to earn more! English is one of the most widely spoken languages worldwide, so teaching it gives you in-demand skills. You can teach kids and adults in Asian countries on different platforms. The classes can be one-on-one or in a group. You can set your hours and you will teach kids or adults from around the world. You’ll have the chance to interact with people from many cultures and you will learn about them.
Setting up a Digital Marketing Campaign
There are two ways of setting up a digital marketing campaign, either working as a Facebook Ads Specialist or an SEO Consultant. As a Facebook Ads Specialist, your main tasks will be to reach out to small businesses in your local community and set up successful Facebook campaigns. It’s a high in-demand hustle since you will be looking for ways to generate leads and boost sales. And once you find the strategy that works, you will get paid for maintenance afterward.
As an SEO Consultant, you need to build a referral network and generate new clients. Your tasks will include planning, implementing, and managing a client’s overall SEO strategy. This usually involves web marketing, web analytics, content strategy planning, keyword strategy, and link building.