8 Side-Hustles to Help You Build Wealth
Nov 17, 2022 · 2 mins read
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Today, there are countless ways to earn some extra cash or generate passive revenue. Now side hustles are more popular than ever, and according to a poll commissioned by Zapier, one in three Americans has a side hustle. Here are 8 that could add 10% to 30% to your income.
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1. Rent out your car
If you own a vehicle that doesn't see much use, why not rent it out for some more moolah? There are Apps that work like Airbnn for your car: Turo, HyreCar, and Hagerty DriveShare will enable you to list your car for rent in select cities.
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2. Offer In-Person Services
For those of you with extra time on your hands, this is a great and often enjoyable way to add to the piggy bank. Who, for example, doesn't like walking dogs? Pet care, housesitting and babysitting are easy and viable ways to earn with your feet up!
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3. Start a YouTube channel
Admittedly, this can be hard to get off the ground. However, if you're creative and passionate about content creation, a successful YouTube channel will pay you back for your hard work—with interest! There are many useful guides online to get you going.
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4. Make your pet famous!
Social media has given everyone endless opportunities. Once you have a certain amount of followers, you can get paid to advertise products on your account. All it takes is one viral reel and your cute little dachshund could be the next hot thing!
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5. Utilize Airbnb
In recent years, people have been choosing Airbnb over hotels, and there is a huge market you can easily tap into. So, if you're going to be away for a few weeks or have a property that's unused, consider listing your house or room on the rental service.
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6. Freelance work
If you have a salaried job and energy to spare, you could leverage your skillsets on a freelance basis to supplement your income. This might be blogs, social media management, being a consultant for a business, or becoming a VA (virtual assistant).
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7. Affiliate Marketing
A side hustle idea that doesn’t require you to deliver a product or service is affiliate links promoting other brands. An example of how one piece of content can generate multiple streams of revenue is a YouTube video or podcast containing said links.
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8. Help others with odd jobs
Taskrabbit is a US gig economy platform that allows locals to hire you for help with odd jobs around the house. The average "Tasker" makes $48 an hour and commonly booked jobs include cleaning, yard removal, errands, delivery, and helping moving.
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Conclusion
This is just a cursory look at the multiple methods used to make more money in the modern age. But don't feel bogged down by others' success or the fact you may not be able to manage some of these. Just do what you can to ensure you can create the wealth you deserve.
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