There’s just never enough money to pay all your bills, is there? No matter how carefully you budget and sale shop, your paycheck just never stretches as far as it needs to. Maybe that’s why up to 44 million Americans have a side hustle. You might be in school to get on a new career track, or maybe you’re just paying your dues at your dream job waiting for a promotion. Whatever the reasons you need more money, the gig economy may offer you a perfect chance to bring in some extra cash quickly.
Regardless of your reasons for looking for a second income source, when it comes to working a full time job and taking on a side gig, it’s important that you find something that pays enough to make it worth your while. These three side hustles are a great starting point for people who need to make serious money in their spare time.
Short Term Rentals
Do you know someone who’s been making a fortune renting out a spare room on Airbnb? It’s true that this is a side gig that requires some time investment in keeping your place spotless. And naturally you’ll have to be flexible to accommodate guests with crazy requests and schedules, but short term rentals can very quickly bring in some extra cash, provided you have a spare room. Some people with great local friend and family networks even couch surf while renting out their whole place for even more dough.
Rideshare
This side gig does require that you own your own newer model car. If you already have a new model car, this may be a great option for you—and a great way to justify your car payments! Lyft and Uber have been around for a while in the passenger transportation marketplace, so they’re a little less risky than some side gig startups. Rideshare drivers get to set their own hours, so it’s the perfect side hustle for someone with a difficult schedule. Compensation usually equates to well above minimum wage, plus there are occasional tips.
Food and Grocery Delivery
Like rideshare, delivery services for groceries and food ask that you have your own newer model vehicle. Companies like Postmates and Instacart offer excellent door-to-door service to their customers for everyday food delivery, and they are always in need of new, reliable drivers like you. Grocery delivery services often ask you to do the actual shopping, pulling things off shelves, along with the driving and delivery. There is money to be made with these services, however, and generally you will receive tips.
Whether you’re searching for a side hustle to turn a few hours a week into serious money, or you need a 20 hour part time job, these gig economy opportunities may be just the thing for you!
