8 Lucrative Side Hustles That Can Net You Serious Money

The Money Manual
November 27, 2018
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More and more people are supplementing their income by taking on side hustles for some extra cash. Not all side gigs are created equal, though. Some are easier to do from the comfort of your couch than others, for instance. Others are optimal for earning as much money as possible in the shortest amount of time.

Whatever your side hustle criteria is, we’ve got you covered. Here are our all-time favorite side hustles for pretty much every type of job seeker.

1. Become a dog walker in your spare time

If you love dogs, you have probably thought to yourself that you only wish you could make money spending time with these adorable creatures. Rover makes it so easy, helping people find a steady stream of dog-sitting jobs, which is the hardest part.

The amount of money you can make all depends on how much time you have. According to Rover, people who are working as sitters for Rover part-time and taking two or three dogs for two weeks out of the month on average earn $1,000 a month. People working for the full month and taking two or three dogs at a time will earn on average $3,300 per month.

Earn an average of $3,300 a month working for Rover and hanging out with dogs all day

2. Shop for other people and earn cash on the side

If earning money shopping for other people sounds too good to be true, think again. Instacart, an on-demand delivery service, has job opportunities that are exactly that. Instacart offers two roles for shoppers: As a “Full Service Shopper” select your own hours and shop and deliver orders for customers (you need a car to be able to do this). As an “In Store Shopper” you are assigned a shift to shop for orders in a single store (you don’t need a car for this).

It takes five minutes to apply online! During busy shifts, shoppers can earn between $11 and up to $28 an hour according to testimonials.

Make up to $28 an hour grocery shopping by signing-up for Instacart

3. Teach English to people all around the world from the comfort of home

Want a rewarding side gig that you can do from the comfort of your own home? Consider teaching English remotely. With VIP Kid you can earn between $14 and $22 teaching English online, and the best part is that you can pick your own hours!

VIP Kid does all of the work of communicating with parents and providing lesson plans, and all you need is a computer and a passion for teaching!

This side gig even has the confidence of Forbes! It was voted the number one FlexJob in Forbes’ 2018 “Top 100 Remote Work Companies Report.”

4. Turn stock picking from hobby to lucrative side hustle

Sometimes it can seem like everyone is making big money off of the stock market but you. It’s a complete myth that you have to have a ton of money to get started as an investor, too, anyone can do it.

Start investing in the stock market with as little as $5 thanks to Stash, which allows you to buy fractional shares of stocks and exchange-traded funds (ETFs).

Only invest what you can afford to start, but before you know it, you’ll be growing your portfolio. The best part? You can do it completely in your spare time!

Start investing in the stock market with as little as $5 with Stash

5. Start renting out your car when you don’t need it

A side hustle that requires zero work is our kind of side hustle, which is why we are such big fans of Turo, which let’s you rent your car out on the days that you don’t need it.

The app set’s your car’s rental price based on how much your car is worth, where you are located, the time of year it is, and other factors (if you prefer, you can also set your own daily price).

Say you want to rent your car for four days a month (one day per weekend, per month) and your car is worth $20,000? Per Turo you can earn a whopping $2,261 dollars per year.

It’s totally free to list your car on Turo, so you have nothing to lose!

Sign-up for Turo today and if your car is worth $20,000 you’ll earn an average of $2,261 a year

6. Start renting out your home (or even just a spare bedroom)

You’re likely well aware of how much AirBNB has changed how people travel, but did you know just how big of a moneymaker it is for people renting out their homes or spare rooms? According to Priceonomics, hosts on Airbnb are earning more than anyone else in the gig economy and are raking in an average of $924 a month. Now, you’re probably thinking, there is no such thing as easy money, especially an easy $924 a month, but AirBNB makes it so darn easy to get started.

They help you calculate how much you should be charging, for instance, so you can optimize how much you make. They also hold your hand through the process of creating an attractive description for your listing.

Sign-up to be an AirBNB host, who on average make $924 a month

7. Become a Lyft driver in your spare time

Whether you are looking to bring in extra income while you’re in school, or want a job with a lot of flexibility, you should consider becoming a Lyft driver. The only criteria is that you are over 21 and own your own car!

According to Lyft’s website, drivers can earn up to $800 working just Friday nights and weekends – not bad for an easy side hustle!

To get an overview of how much you can make, just enter your driving hours and location on their website and you’ll get an immediate summary.

Make up to $800 a week driving for Lyft

8. Deliver food in your spare time (you don’t even need a car)

Looking for a side gig that doesn’t require that you have a new car or even a car at all? Consider becoming at UberEATS delivery partner, delivering food order from local restaurants.

This side gig comes with a ton of great benefits: Flexible hours and most important lenient vehicle requirements (unlike when you sign up to be a driver for a ridesharing service) and you can even deliver on a bike or scooter.

UberEATS drivers earn between $8 to $12 an hour after accounting for vehicle expenses. Another perk? Customers of UberEATS also have the ability to leave tips, which go 100% to the delivery person.

Make up to $12 becoming an UberEATS driver in your spare time

Feature Image: The Money Manual

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