We could all do with a little bit of extra money now and again, either to top up your weekly spends or to put away for something special like a holiday or Christmas presents. Whatever the reason, there are ways to make more money and having a side hustle is becoming a very popular way to do it. So what are the best side hustles and which one would suit your lifestyle?
Rent Out Self Storage
There is a lot of money to be made in storage, and although the costs of building a storage facility may be high initially, the regular income stream from your tenants make it an attractive and low maintenance business opportunity.
Being a virtual assistant is a great way to earn some extra pocket money from the comfort of your own home. You need to be organised, good at multitasking and flexible, but there is plenty of opportunities as more and more people are looking for people to assist them with various administration and data entry work so that they can get on with running their business.
Do you have a spare room or a holiday home? Airbnb is a great way to make some extra cash. In areas such as Sydney or Melbourne, you could make a decent amount of cash; your home doesn’t have to be brand new either, just somewhere for people to stay. Just make sure you get the right insurance so that you’re covered should you have any issues with your guests.
Starting a YouTube channel might seem like an oversaturated market at the minute, however if you are an expert in something and have a niche then there are still plenty of opportunities to make extra money. You need to provide meaningful content to engage people, but get it right and it’s something you could enjoy and one day turn into a full-time job.
Enjoy shopping? Why not make yourself some extra cash by mystery shopping? Some retail companies hire people to enter their stores and go about their normal buying experience. You will then need to evaluate the quality of their store experience. This can be in a variety of different stores such as restaurants, department stores, and many more. Whilst this is often just a part-time job, there are plenty of people who turn this side gig into a full-time job.
Did you know that you could be getting paid to browse websites? Take a look at UserTesting.com which pays everyday people to review all kinds of websites, each review takes around 20 minutes, and you can earn about $12 via Paypal, which all adds up.
For a really good side job, if you have a bicycle, motorbike or car, then you could be a driver or a delivery driver/rider. Sign up to delivery companies like Deliveroo who are always on the hunt for new people to deliver for them, and they allow you the flexibility to work when you want, delivering food from restaurants to the customers’ door and you can make quite a bit per hour as well as tips too.
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Vinh Van Lam & Stuart Horrex
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