With the rising cost of living and piling financial obligations, the earning from your main job may not be sufficient to take care of your living expenses and build your wealth as fast as you would like.
So you need to find an additional income stream to supplement what you already earn from your formal employment. (See Salary Site). You can start a side hustle without quitting your day job to help you weather the tough economic times and earn you some extra income. Here are some easy side hustles you can pick up to supplement your main income.
There are innumerable opportunities online for those with a passion for writing. You can become a content writer, blogger or academic writer.
Starting your own blog is simple but you will have to consistently post great content in order to build up your audience before you can monetize the blog. If that seem like too much work for you, you can sign up on any of the many freelancing sites and bid for writing jobs as your schedule allows.
Depending on the site, you will earn a few dollars per article in the first few months as you build your reputation and your ratings before you can get higher paying clients.
Social media marketing
You monetize the hours you spend on social media in many ways. First, if you have thousands of followers you can become an influencer where businesses pay you to promote and advertise their products and services to your huge social media following.
The second way is to become a social media manager for a business. All you need is to understand how social media advertising works and make engaging posts on the company’s social channels as well as a bit of customer service.
These are jobs you can do anywhere as long you have a smartphone. Better yet, with automation tools like Hootsuite you can schedule posts and go about your main job without much loss of focus.
You can make money as an online tutor if you are smart and proficient in certain subjects. There are students willing to pay decent money to taught subjects they are struggling in. This can be language lessons or more complex subjects like computer science.
You can be offering YouTube tutorials and leverage on your viewership to earn money or teach a course on a platform like Udemy.
Offer a service
Like online writing, you can sell your skills to people who need them. There several individuals and companies who need to be offered service on the short term but don’t want to incur the overhead costs that come with having an employee on a permanent contract. These are your target market.
Depending on your expertise, you can offer web development, graphic design, editing and proofreading services and so much more.
Participate in online surveys
Although most survey sites don’t pay much, you can spare a few minutes every so often to give your opinions on certain matters and get paid for it.
In addition to that, there are companies that look for people to give positive reviews on their products in order to attract more customers.