5 Side Hustle Ideas That Could Make A Fortune
If you are fed up with trying to scrape money together each month to pay your bills then you are not alone. With the cost of living crisis and prices constantly rising many people are turning to side hustles to cope with this.
A side hustle is something you do in your spare time that makes you some extra cash on the side. Something to remember is that your side hustle cash is taxable, so you can’t take all the money you earn.
One thing you could use to help you work out taxes and take-home pay is small business accounting software. This will help you gain a better understanding of your finances.
1. Pet Sitting
If you love animals then why not become a pet sitter? You can make a lot of money from this as many people own different kinds of pets.
They might need pet-sitting services while they are working during the day or even if they go away on holiday. You could be in charge of feeding the cats or walking the dogs for example.
If you have skills, qualifications, or experience in looking after animals then this will look even better when you apply for positions. You could make business cards or posters and put them up in your local area.
2. Tutoring
Have you got a background in teaching or childcare? If you do then you might be a great fit working as a tutor. Tutoring can bring in extra cash when you need it the most and a lot of tutors can make upwards of $25 an hour.
If you have special educational needs experience then you could earn more than that. Each child will be different and have a different learning style. Knowing these will ensure you give the child the best tutoring experience.
3. Deliveries
Another side hustle that you can do during the day if you are free is deliver people’s parcels.
If you have your own car then this can bring in some serious dollars.
You usually get paid per parcel rather than the hours you work; so the more parcels you deliver, the more money you make.
4. Photography
Photography is one side hustle that can be very niche. Not many people are capable of taking great photos so you have a skill that people will be needing and wanting.
This could be for anything from wedding photographs to a newborn photoshoot. If you already have a portfolio from other jobs you’ve done then get this out there on social media.
If you see individuals in need of photography or videography then you could offer your skills. You can earn quite a bit for photography so it is certainly something to look into.
5. Events Planner
Finally, do you love being in charge of planning events and parties? Then why not become a part time events planner in your free time.
This job can mostly be done from home while on video or voice chat to your clients. You will need to be a great communicator and haggler to ensure you get your clients the best prices. You could plan anything from christenings to wedding receptions.
This can be quite a lucrative side hustle as people will pay a small fortune to have somebody else organize their parties.