Hey Middle Child Money Crew! Looking to earn some extra cash on the side in 2024? A side hustle could be the perfect solution. With the gig economy booming, there are countless opportunities to make money beyond your regular 9-to-5 job.
What exactly is a side hustle? It’s any type of part-time work, freelance gig, or money-making business you do in addition to your main job or source of income. The beauty of side hustles is the flexibility and variety – you can find something that fits your skills, interests and schedule.
In this blog post, we’ll explore 15 of the hottest side hustles for 2024 that anyone can try. Let’s dive in!
1. Freelance Work
Freelancing is one of the most popular and lucrative side hustles out there. If you have marketable skills like writing, graphic design, web development, digital marketing, etc., you can offer your services to clients on a project basis.
Platforms like Upwork , Fiverr, and Freelancer make it easy to find freelance gigs and get hired by businesses worldwide. You set your own rates and can work as little or as much as you want.
2. Online Tutoring
With online learning exploding in popularity, tutoring students virtually has become a very lucrative side gig. If you’re knowledgeable in academic subjects like math, science, English, etc., you can get paid to tutor kids or adults online.
Sites like Chegg Tutors, Varsity Tutors, and TutorMe allow you to set your own hours and rates. Having a teaching background helps, but isn’t always required.
3. Selling Products Online
The e-commerce boom has opened up tons of side hustle opportunities for selling products online. You can create your own merchandise like handmade crafts, art, apparel, etc. and sell it on sites like Etsy, Redbubble, or your own e-commerce store.
Dropshipping is another popular option where you sell products shipped directly from the supplier. Or you can buy affordable products in bulk and resell them for a profit on Amazon, eBay, Facebook Marketplace, etc.
4. Blogging
If you have a passion, hobby or area of expertise, you can start a blog and monetize it as a side hustle. Once you build an audience, there are multiple income streams like affiliate marketing, sponsored content, display ads, selling digital products, etc.
It takes time and effort to grow a successful blog. But with patience and consistency, blogging can become a very lucrative side business. There are a few blogs out there that actual post income status updates, and explain some of the intricacies of how to build and grow a blogging community.
5. Social Media Influencer
Speaking of building an audience, you can also leverage social media platforms like Instagram, TikTok and YouTube to become an influencer and get paid by brands for sponsored content. The key is creating high-quality, engaging content that attracts a loyal following in your niche.
While influencer marketing is highly competitive, those who succeed can earn significant income from sponsorships, affiliate marketing, merchandise sales and more. It’s a modern side hustle with huge potential.
6. Rideshare Driving
One of the most flexible side hustles is driving for rideshare companies like Uber, Lyft, DoorDash, Instacart, etc. You can work as little or as much as you want, making your own schedule each week.
The main requirements are a valid driver’s license, insurance, and a reliable vehicle. While the pay can vary, many drivers earn $15-$25 per hour before expenses. It’s a great way to earn extra cash in your spare time.
7. Rent Out a Room/Space
If you have extra space in your home or apartment, you can make passive income by renting it out on sites like Airbnb, Vrbo, or Neighbor. Renting out a spare room, basement, or even a parking space can generate hundreds of dollars per month.
Just be sure to check your local laws and regulations regarding short-term rentals. And you’ll need to keep the space clean and maintained for guests. But it’s a relatively easy side hustle with big income potential.
8. Freelance Writing
For those with strong writing skills, freelance writing is an excellent remote side hustle option. There’s huge demand for all types of content – articles, blog posts, marketing copy, technical writing, and more.
You can find freelance writing jobs on job boards like ProBlogger, BloggingPro, and FreelanceWritingGigs. Or pitch your services directly to businesses and publications. Writers can earn $100-$500+ per article depending on their experience.
9. Virtual Assistant
Another remote side gig is working as a virtual assistant (VA) providing administrative support to businesses and entrepreneurs. Common VA tasks include email management, scheduling, data entry, customer service, and more.
No special certifications are required – just strong organizational and communication skills. You can find VA jobs on sites like Belay, Fancy Hands, and the Virtual Assistant Jobs board. Experienced VAs can earn $25-$50+ per hour.
10. Bookkeeping
If you’re skilled with numbers and accounting, freelance bookkeeping could be the perfect side hustle for you. Bookkeepers manage financial records, process payroll, prepare tax returns, and provide other accounting services for small businesses.
While bookkeeping does require some training, it’s a very flexible job you can do remotely on your own schedule. The average bookkeeper earns around $20 per hour, with experienced pros making $30+ per hour. Check out Upwork, Belay, and Accounting Department for bookkeeping gigs.
11. Online Surveys
For a side hustle that requires very little effort, paid online surveys are an option worth considering. While the income potential is relatively low, you can earn some easy extra cash in your spare time from home.
Top survey sites to check out include Swagbucks, Survey Junkie, InboxDollars. Most surveys pay between $0.50 to $5 each and only take 5-25 minutes to complete.
13. Reselling Items
One person’s trash is another’s treasure – and a money-making opportunity for you! Reselling unwanted items from thrift stores, garage sales, online marketplaces, etc. can become a very profitable side hustle.
Look for undervalued items you can buy at a deep discount and flip for a profit. Popular items to resell include clothing, electronics, furniture, collectibles, and more. You can sell on platforms like eBay, Facebook Marketplace, Craigslist, OfferUp and others.
14. Voiceover Work
If you have a clear, pleasant speaking voice, you can make money recording voiceovers for videos, audiobooks, podcasts, apps, and other media projects. No fancy recording studio is required – just a decent microphone and audio editing software.
Sites like Voices.com, Voice123, and BunnyStudio connect voiceover artists with clients. Beginner voice actors can earn $50-$150 per hour-long project, while experienced pros make $200-$500+ per hour.
15. Rent Out Your Vehicle
Have a car, truck or van that sits idle for long periods? Consider renting it out to others through car-sharing services like Turo, HyreCar, or Getaround. It’s an easy way to earn passive income from your vehicle.
The amount you can earn depends on factors like your vehicle’s type, age, location, and rental demand. But owners can potentially make $500-$1,000+ per month by renting out their car when not using it.
Conclusion
The gig economy shows no signs of slowing down, making 2024 an excellent year to start a side hustle. With so many options available, you’re bound to find something that fits your skills, interests and schedule. Whether it’s freelance work, e-commerce, tutoring, or one of the many other lucrative side gigs discussed, taking that first step can open up new income streams.
If you need help getting started or want to learn more about managing multiple income sources, be sure to check out the other articles on MiddleChildMoney.com.
Ultimately, a side hustle allows you to pursue your passions, increase your earnings, and gain more financial freedom and security. In today’s economy, having multiple income sources is practically essential. So don’t wait – use this guide to find the perfect 2024 side hustle for you and start hustling! Taking that leap can pay off tremendously.
Disclaimer
The content provided on Middle Child Money is for informational and entertainment purposes only. We are not licensed financial advisors, and the information shared on this blog should not be considered professional financial advice. We encourage all readers to consult with a licensed financial professional to discuss their individual financial situations and needs. The opinions expressed on this blog are solely those of the author, Nate Bradley, and do not reflect the views of any affiliated organizations. Middle Child Money cannot be held liable for any actions taken based on the information provided on this site.