7 sideline jobs that make $ 1,000 a month
An easy way to improve your financial situation is to increase your income. You can pay off debts faster, recover more relaxed with a well-resourced emergency fund, top up your retirement account – the possibilities are endless.
While you can ask for a raise or change jobs to make more money, these options aren’t always available. A good side hustle can fill the void here. But not all sideline jobs are created equal.
Any extra income is great, but if you sacrifice your precious free time, your bank account should get a decent boost. The following seven jobs all have the potential to generate $ 1,000 or more in side income. And chances are you’ve already developed the skills or hobbies required.
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1. Tutor or advisor
If you have a useful skill in hand, you can probably monetize it. Whether you’re an ace at algebra, can play a mean tambourine, or boost a company’s bottom line, someone out there can likely benefit from your experience.
How much you can earn for tutoring or counseling depends on a number of factors, including the rarity of your skills or experience. If you’re teaching young students, expect prices between $ 15 and $ 25 an hour. At more advanced levels, tutors can easily charge $ 30 to $ 50 an hour. And a top-level consultant can bring in $ 100 an hour or more, depending on the industry.
2. Virtual assistant
Most of us lead busy lives, but some are better at it than others. If organization is your skill, then you should become a virtual assistant to someone in need of help keeping on track. Virtual assistants handle everything from keeping schedules and sending out errands to planning business meetings and trips abroad. The amount you earn generally depends on the hours you work and the complexity of the tasks you perform, but $ 15-25 an hour is common.
3. Freelance writer
Anyone who can handle words can work as a freelance writer. It helps when you have both a good grasp of grammar and a strong knowledge of a particular subject. Experts in niche markets will make the most money.
Even if you are not the best of writers, you can use your research skills to create listicles for popular websites. And people with a knack for concise social media posts can offer their skills to companies looking to expand their reach.
Authors are paid in a number of ways, including by word, project, or hour. Prices at the bottom of the ladder aren’t great, but those with some experience can easily make $ 15-25 an hour for basic posts and $ 75 an hour or more for expert-level work.
4. Delivery driver
The options for delivery trips increased even before the pandemic drove us all indoors, but now they’re massive. You can get a delivery order that has everything from pizza to recipes transported by bike, scooter, or car – and often while you set your own opening times. What you earn depends on when and where you work, who you work for and what you do. (Luck can also play a role in tipping.)
5. Online shopkeeper
People will buy almost anything. And that applies twice to online shopping. If you have it, chances are you can sell it online. This can be anything from your carefully worn clothing to your handcrafted polyhedral cubes. You can create your own website and save or work through a third party marketplace like Etsy or eBay. What you earn depends on both what you have to sell and how well you market it.
6. Affiliate Marketers
One of the most popular ways to make money online is through affiliate marketing as it can be done by anyone who can build a decent audience. Through affiliate marketing, you talk – or post, blog, podcast, or vlog – about a specific product and then instruct your audience to make a purchase using a specific web link (or sometimes with a special code). You will receive a small commission for every purchase made through your affiliate link.
How much you earn with each lead depends a lot on the type of product. In general, digital products like e-books have a higher affiliate rate than physical products. And the bigger your audience, the more power you have to negotiate higher prices.
7. Participate in market research
If you’ve ever dreamed of getting paid for criticism, market research could be your alley. Many companies pay a pretty penny to get real, honest feedback from prospects. This could mean spending half an hour reviewing a product or spending a couple of hours filling out surveys. Prices vary based on project size and industry, but it’s possible to make $ 25 an hour or more by giving your opinion.
Regardless of your skills or experience, you likely have something to market – even if it’s only worth your two pennies. With a solid sideline, you can bring in $ 1,000 a month or more to keep your personal finances at ease.