Whether you’re paying off debt, saving for a downpayment on a home, or looking to throw more into your investment account, every penny counts. It’s all part of the wealth-building process. One of the best ways to increase your wealth-building potential is to pick up a side hustle. A consistent side hustle can add hundreds of dollars to your monthly budget.
In this article, we’ll explore 3 flexible side hustles almost anyone can do today.
Side Hustle Idea #1: Become a Delivery Driver
Over the last few years, many new companies have been created around the idea of delivering all kinds of things to people’s doorsteps. These companies have decided to offer flexible, pick up schedules to contractors to carry out these deliveries as opposed to hiring a team of full-time employees to handle the deliveries. That’s where you come in!
Working as a delivery driver is one of the most flexible side gigs out there. As long as you have a working vehicle and car insurance this idea can work for you. Depending on your willingness and availability you can even stack these gigs together to maximize your earning potential. Many people work independently as delivery drivers using this method.
So who can you work for? We’ll focus on national companies, but do your own local research to see what other options you have in your area. To learn more about each of these companies, click on their link, and check out their website.
Side Hustle Idea #2: Become a Freelancer
Take your full-time job and leverage it as a freelancer.
Whether you’re a carpenter or a database programmer, someone out there is looking for someone with your skills to help them with a project. Even if you’re relatively inexperienced, there’s often someone willing to pay a fair price looking to offload some grunt work to a novice. You could be landing jobs by the end of the day as all of these websites offer simple, quick, and easy profile creation processes.
Able to work remotely?
If your work is technology-based, and you’re able to do it remotely, we suggest you check our websites like Upwork & Fiverr. Both of these sites work to bring freelancers and those people & companies with needs together. But each of them approaches that process differently.
Upwork serves as a platform where potential clients post their job complete with a description, expected timeframe for completion, and usually a budget. This allows you, as the freelancer, to decide whether or not a job fits within your schedule before you apply. Companies can search the website for freelancers, but most often freelancers search for clients using their very thorough search feature.
Upwork also serves as a go-between for payment, offering protections for both the freelancer and the hiring client. Anyone who has worked as a freelancer knows how frustrating it can be to complete a job and to be told they will be paid “soon.” With Upwork, once a milestone is reached, or hours are submitted, Upwork handles the rest – ensuring clients pay for your work.
Of course, this process comes with fees which the freelancer pays. These fees are a percentage of the overall project. The exact percentage depends on how frequently you do business with a client. The more you work with a client through Upwork, the lower the percentage becomes.
Learn more about Upwork and get started here.
While Upwork is primarily focused on presenting potential jobs to freelancers, Fiverr presents potential freelancers to clients. On Fiverr, freelancers list out a number of packages they offer for a variety of prices. Clients then search Fiverr, looking for packages from freelancers that fit their needs. Having a complete and professional package, priced competitively is the best way to stand out on Fiverr.
Like Upwork, Fiverr will also handle all of the financial aspects for both the client and the freelancer. However, unlike Upwork, Fiverr charges the freelancer a fixed rate of 20% of the total price of the package. There is no scaling rate on Fiverr.
The nice thing about Fiverr is that once you do the hard work of building out high-quality packages, clients approach YOU with work. If you don’t want to spend any time submitting proposals and chasing down leads, Fiverr might be the better option for you.
To learn more about Fiverr and to get started, check out their website.
Are you more hands-on?
If you’re more of a hands-on person, don’t worry there are websites that can help you find your groove too!
TaskRabbit is the most popular website of its kind. On TaskRabbit, people in your community can upload jobs ranging from cleaning someone’s kitchen to complex plumbing jobs. So whether you’re relatively new to your trade, or an expert with years of experience, there are jobs waiting for your expertise.
Ask a “Tasker” (the name given to freelancers on TaskRabbit) you get to set your hourly rate. Just like the other two services mentioned in this article, TaskRabbit will take a percentage of your fees as commission for matching you with a client in need of your services. That being said, TaskRabbit has a great reputation and many handy people use the service as their full-time income source.
Learn more about TaskRabbit on their website and get started today.
Ask Friends and Family
There’s no shame in the hustle! Be sure to let friends and family know you’re offering your services. You never know who might need a hand at home or in their office. People really prefer to work with freelancers and handymen & women they know and the best clients come from word of mouth marketing!
Side Hustle Idea #3: Become a Content Creator
Get paid to create content about the things you enjoy most!
While this side hustle doesn’t come with an immediate payoff, the idea is that over the long haul being a content creator can generate passive income from your library of pre-existing content. And while the pay may not be great at first, the sky is the limit to your potential earned income.
Whether you create video content on YouTube or Twitch, start a blog on WordPress, or work to become an influence on social media channels like Twitter, Facebook, or Instagram the opportunity is out there if you’re willing to put in the work. Thousands of people make a full-time living talking about and sharing their favorite things. Why not join them?
No Excuses – Start Today!
So there you have it! Regardless of your area of expertise or skill level, you could be making $200-$300 extra this month. Who knows, you might even replace your current job with the job of your dreams, working for yourself. The sky really is the limit if you’re willing to learn and put in the work.
Of these three side hustles, which one is your favorite?
Do you have any experience working with any of these companies?
If so, let us know on social. We’d love to know how much you’ve made and how that’s helped you accomplish your money goals!