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Need a Second Job? Try These Lucrative Side-Hustles

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We all want some extra income to help us settle student loans, boost our savings, plan for retirement, and even embark on our most-anticipated trip! Side-hustles are very likely the answer.

A side-hustle is an approach to earning more money outside of your regular job. In some instances, with a side-hustle you may be able to double your income (or more!) to achieve more financial stability, or jest some cash in the bank. 

There are thousands of lucrative side hustles that you could even give up for a full-time job. Some require an investment of capital to start while others only need what you already have – an internet connection and smart device! So, here are the best side hustles to consider right now.

Copyright: Photo by Andrea Piacquadio on Pexels

Why a Side-Hustle? 

The truth is, most 9 to 5 jobs have been dwarfed by the huge monthly bills many of us are faced with. For instance, as someone who is just kicking out in his/her career, the cost of food, accommodation, transportation, electricity, and other bills can be overwhelming and difficult to keep pace with. Not to talk of people who have loans that are gulping down a huge chunk of their earnings.

A side hustle can help you meet up with family bills. In fact, some side jobs are more profitable than regular jobs, and you can combine two or three if you can handle them effectively. There are side jobs that would pay you up to $20 per hour, and thousands of dollars in a month! It all depends on you, and how determined you are!

A 2019  Bankrate survey shows that about half of American employees keep side hustles to supplement their revenue. And there are a few reasons why side hustles are very crucial.

  • Side hustles generate side income which can help to ease financial stress
  • They help to bolster your skills in a certain field, especially a creative outlet
  • They can also help kickstart a new passion or skill that will not interfere with your main job.
  • Side hustles allow you to explore a particular field
  • With an employment or skill gap, having a side hustle can enrich your resume

1. Monetize Your Creativity on OnlyFans 

In the past, many only associated explicit content with OnlyFans; however, today, creators of all topics and niches are churning out massive incomes on the platform. Regardless of what your regular job is, OnlyFans has a lot of lucrative spots to keep that extra revenue rolling in.

OnlyFans is a platform that allows creative individuals and virtually anyone with something to offer, to sell their content. In fact, the top Only Fans accounts are also content creators and influencers on popular social media platforms. 

There are several ways to make money with your account on this platform, however, some of the popular ways include building brands and connecting to other users, teaching courses, selling digital products, serving as a video instructor, and selling photography.

2. Transcribing Audio or Video Content

Robots are not doing great jobs in this area, so there is still a hot demand for human transcribers. Big companies are constantly outsourcing transcription jobs because of the high level of attention-to-details required.

There are also some online platforms that anyone gets started from any part of the globe. Some of the platforms to check out include Scribie, TranscribeMe, Speechpad, and Go Transcript. These platforms will offer between $5 and $25 per hour, depending on the kind of job you’ll be handling.

Copyright; Photo by Peter Olexa on Pexels

3. Become A Social Media Manager

Social media has become a major part of business success and many private individuals and business owners are constantly on the lookout for people who can help them handle their social media platforms effectively while also keeping their audiences engaged, and growing the pages.

Managing social media accounts could mean uploading videos and photo designs daily on Instagram. It could also mean promoting engaging posts to grow a Facebook page. However, it depends on what the client wants. To get started, it is important to have a good knowledge of current trends and how social media algorithms work 

4. Complete Daily Tasks On TaskRabbit

TaskRabbit is a service platform that connects you with people who are too busy and are looking for skilled taskers to help them with domestic chores like cleaning, running errands, furniture assembly, and home repairs.

Get started by simply opting on the platform and selecting tasks that you can do well. After picking a task, you’ll see the hourly rates for top-qualified taskers. You can set your price and get paid after completing tasks. Payment can be up to $70 for demanding jobs.

5. Become a Freelance Writer

There is a huge demand for professional writers globally. From creating web copies, blogs, and ad copies, to social media posts, you’ll likely find opportunities if you are skilled with communicating in writing. In 2020, the US Bureau of Labor Statistics affirmed that about 70% of writers were freelancers who earned over $78,000 on average salary annually, which is projected to be on a steady rise in the next decade.

Online Platforms like Contently, Fiverr, Freelancer, and Glass Door offer lots of writing opportunities for writers. You can also showcase your writing skills by starting a blog and monetizing it with advertising networks like Google AdSense.

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