49 Best Side Hustle Ideas to Make $5,000+ Per Month
If you have good knowledge about a subject or two that you can teach students in your free time, consider becoming a part-time tutor.
Concerned parents are always looking for good tutors for their kids for mostly all subjects such as math, science, foreign language, music, or even coaching for SATs and ACTs.
And moreover, the pay rate for private tutors is quite high ($30 to $60 an hour), and this rate goes as high as $45 to $100 an hour if you’re in the SAT/ACT prep business.
15. Start an eCommerce store
Income Potential: Undefined
You may or may have noticed that a lot of YouTubers promote their personal merchandise brand on YouTube by mentioning an online store link in their video description.
But have you ever wondered how much money they make from those online eCommerce stores selling their products?
It varies from a few hundred per month and goes as far as millions. Seriously!
You can even start your own online store if you don’t even have any products to sell right now!
For example, you can provide a few good-looking designs or logos to a T-shirt printing company (such as Teespring) and can sell them in your store at your own price.
Online stores nowadays have a larger potential in terms of making money compared to any other type of store because of various factors such as the convenience to order from home, wide variety to choose from, and home delivery.
How Much Money Does It Make?
There is not a definite range on how much money you can earn, you could be making anywhere from $500 a month to literally millions a month by selling products online.
Fun Fact: Kylie Jenner got her “Youngest Billionaire” status by selling makeup products online (KylieCosmetics.com).
So I guess you realize the value of building a successful online store. And you’ll be making money even when you sleep if you are able to get consistent traffic.
Websites such as BigCommerce and Shopify offer you a platform to build your own eCommerce store. You’ll even get a free trial (no credit card required) before you can commit.
16. Walk dogs or pet sit
Income Potential: $15 to $18/hr
Do you love being around those little bundles of joy, called “Dogs”? If yes, then it is right up your alley! Moreover, if you’re fond of dogs, this kind of side hustle doesn’t feel like work anymore.
How to get started?
You can sign up with services like Rover, which helps people like yourself find clients in your area.
How much does it pay to walk/sit dogs?
According to care.com, depending on your state, you can earn anywhere from $15 to $18 an hour.
17. Teach English online with VIPKid
Income Potential: $14 to $18/hr
Teaching English online? How does it work?
When it comes to adapting, certain traditional ways need to change to adapt, teaching is no exception here.
Since there is a growing demand for online education solutions, some platforms like VIPKID and K12 have taken the initiative to implement changes.
So, If you are a teacher and have a license to teach, you can now start teaching classes from home. Classes are usually taught via Skype or pre-recorded video sessions as per requirements.
How to Find Work-From-Home Jobs for Online Tutors & Teachers?
Since the internet, like most “work from home” professions, teaching, and tutoring professions might as well need to update their ways to avail of the “work from home” facilities.
For example, one of the most popular work-from-home jobs out there right now for online tutors is teaching children English through the platform VIPKID.
The service is super flexible, you get to set your own hours. VIPKIDprovides the lesson plans and communicates with the parents, all you need is a computer with a webcam and that’s it.
K12 is a similar platform for online teaching and you have to go through the interviews and background checking for the hiring process.
18. Part-Time Remote Work
Income Potential: Depends
Part-time remote jobs are one of the great options as a side hustle that will not demand any form of a commute from you.
Sites like Flexjobs offer an array of remote part-time jobs in domains such as writing, accounting, sales, retail, customer services, data entry, content creation, and so many more. There are around 50 job categories to choose from according to your preferences.
The only downside is, there is a monthly fee you have to pay to be a member of Flexjobs which is probably worth it considering the number of opportunities you’ll be getting.
19. Amazon FBA
Income Potential: A few hundred to over $100,000 monthly
FBA means: Fulfilled By Amazon.
Meaning, you sell products on Amazon, and Amazon ships them, as simple as that!
Fulfillment By Amazon (FBA) is a service provided by Amazon that allows sellers more flexibility in their selling. The service provides storage, packaging, and shipping facilities, significantly reducing the work of the seller.
The program allows sellers to ship their products to an Amazon fulfillment center, where items are stored in warehouses until they are sold.
When an order is placed, Amazon employees physically prepare, pack, and ship the product(s) to the customer.
How To Start an Amazon FBA Business From Home?
Amazon FBA is a very lucrative business once you get the hang of it. So, to get started with this business the right way, it is better to learn it from the pros.
Jessica, of The Selling Family, perfectly elaborates how selling on Amazon may bring side income for you.
In the first year that her family ran their Amazon business together while working 20 hours or less a week, they made over a whopping $100,000 profit.
Jessica also has a FREE 7-day course that will teach the things necessary to start the Amazon Business. Sign up now if you think this is something you can pull off
20. Facebook ad manager
Income Potential: A few thousands monthly
What Do Exactly Facebook Marketers do?
Do you know that Facebook is one of the largest platforms preferred by advertisers?
With over 2.42 Billion monthly active users Facebook is a goldmine for businesses.
Moreover, Facebook’s high-tech ad systems provide a very sophisticated and efficient ad experience that keeps them coming for more.
But the problems arise for businesses that don’t know how to reach their potential customers via Facebook ads and don’t even know that this kind of ad facility even exists.
That’s where Facebook marketers come to help! Facebook marketers help such businesses get more customers and sales.
How to Become an Advanced Facebook Marketer?
The FB Side Hustle Course, created by Bobby Hoyt and Mike Yanda, two world-class Facebook marketers, created this course to teach you everything you need to know about Facebook marketing for businesses.
This course helps you quickly master your work-from-home Facebook ads business and will teach you:
- Know how to set up a Facebook ad for a local business
- How to find businesses that pay you for this service
- How to convert those businesses into recurring client
- Scale the revenue
21. Flea Market Flipping
Income Potential: $40,000 to over $100,000 Yearly
Fliping is the term used to describe when someone buys a product from a certain place at a much lower cost and sells it for a much higher cost, making them a good profit.
Do you often visit flea markets, garage sales, or antique shops? Well, you might want to, because these are a few of the places where you can find those hidden gems which you can sell at a much higher price.
Flea marketing flipping is a great way to make huge profits selling products.
How to get started?
To get started you can visit the nearest flea markets, garage sales, etc, and look for yourself. And if you have no idea what to look for you can visit Flea Market Flipper, where Rob and Melissa teach people how to bag huge profits flipping.
The couple made over $42,000 in 2015 and more than $133,000 in 2016 flipping.
How much money can you make?
The money largely depends on various factors:
- The type of items you can find
- How much do they cost
- At which cost you can sell them
- How often do you sell items etc?
So you see, there is no definite income range you can expect. It can be $100 a month or $133,000 a year.
22. Data Entry Jobs
Income Potential: $15 to $22/hr
I know, I know, this is not something that you can refer to as a “Fun job” but it pays for doing mindless tasks. Data entry is actually one of the most popular remote part-time jobs out there.
Not only zero to minimal credentials are required to get these jobs but they are available throughout the year.
How to get started?
If you want to know more about how to apply and where to find these jobs, I have compiled a list of the best data entry jobs out there in this blog, click here to check it out.
How much does it pay?
According to the Bureau of Labor Statistics, data entry workers make an average hourly wage of nearly $15.64, which goes up to $22.24 an hour for a more experienced worker employed by a generous company.
23. Stock Trading
Income Potential: Undefined
Stock trading can be very profitable but the only thing that keeps people from ever buying stocks is the risks that are involved.
But do you know that investing can have a very high return rate, a lot more than any bank can provide?
For example, $10,000 invested in AAPL (Apple) in 2016 would’ve yielded you over $40,000 in 2020. That’s 4x the principal value.
Let’s take another example, $10,000 invested in TSLA (Tesla) in 2016 would be worth over $121,000 in 2020. 12x growth!
M1 Finance is a service that offers free stock trading options. It is absolutely beginner-friendly (tried and tested by yours truly) where you can practice trading in real-time with a feature called paper trading for free.
24. Rent out your free space with Airbnb
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