10 Of The Most Profitable Side Hustles You Can Start With Little Or No Money

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A side hustle is anything you perform in addition to your regular work. Sure. You can make some more income if you want to. However, you normally do something because you're passionate about it.

So, what's stopping you?

Being pressed for time is, after all, a reasonable cause. But, if you think it's because it's expensive, you're completely mistaken. Indeed, there are numerous side hustles that may be started with little or no money. You can also make a lot of money doing it.

Do you have any doubts? Here are ten of the most lucrative side hustles you can start with very little money.

1. Provide advice and instruction.

Your most significant assets are what you already know and can do. So, why not put your existing knowledge or talents to good use?

There's money to be made here whether you're a math prodigy, a grammar master, a singer, or an environmental consultant. According to ZipRecruiter, the average annual income for a Freelance Business Consultant in the United States is $69,814 as of April 2022.

Furthermore, if you're a qualified and experienced teacher, you might earn up to $100 per hour. Even online instruction through services like as Chegg begins at roughly $20 per hour. When you first start out, giving lessons in your house, such as guitar or piano, can earn you $15 to $30 per hour.

You already have the necessary tools to get started, lowering your startup costs. However, you'll eventually want to spend a few money advertising your services in order to gain experience and attract new clients. As a result, you'll be able to charge significantly more.

2. Carpooling. 

At some point, most of us have used ridesharing services instead of traditional taxi services. Drivers for Uber and Lyft can earn a lot of money if they don't mind driving and meeting new people. You can also find specialist solutions like ZIRO or Wingz, which provide airport shuttle services.

The procedure for getting started is rather straightforward. To apply, you must complete a few simple steps online, possess a valid driver's license, and own a reliable vehicle. You're on your way to a potentially lucrative side hustle if you pass the background check and complete out the paperwork.

How much money can you make if you rideshare? This is dependent on your location, approach, and time commitment. However, if everything goes according to plan, you can make $500 each day with Uber. Uber drivers, on average, appear to be paid roughly $9-10 per hour. The average wage for a driver working 20 hours per week is little around $200.

You should also consider the costs of becoming a driver, which include gas, maintenance, tolls, car washes, and self-employment taxes. You'd work for Uber and Lyft as an independent contractor. That means you're in charge of everything.

3. Put your house on the market.

If you have a spare room in your home, renting it out can be an excellent option. Aside from the fact that you can make a lot of money, renting your extra room on Airbnb has two key benefits:

Without you needing to spend any money on promotion, Airbnb will add your location to its home page as soon as someone looks for a place nearby.

You are under no obligation to sell anything.

Airbnb hosts make an average of $924 per month. Of course, your earnings will vary substantially based on where you reside, the quality of your home, and the amenities you provide.

You might be possible to join the Airbnb bandwagon even if you don't own a property. You may, for example, be a co-host who confirms reservations, inspects the property, and communicates with guests. You might also work as a copywriter or photographer for Airbnb.

4. Deliver groceries and food.

It's never been easier to have groceries or food delivered to your door. There's an app for that, whether you want a meal from your favorite restaurant or fewer trips to the grocery.

Indeed, as a result of the COVID-19 outbreak, sales of grocery delivery and pick-up have increased dramatically. In August of this year, revenues totaled 1.2 billion dollars. According to Statista, that figure has climbed to four billion dollars in March 2020. That's a whopping 233 percent gain.

The same considerations apply to food and grocery delivery drivers in terms of expenses and taxes as they do to rideshare drivers.

Print-on-demand is the fifth option.

For side hustlers, the rise of print-on-demand has been a benefit. It's simple to find websites where you may make one-of-a-kind items, such as t-shirts or coffee mugs, using original or customized images.

You can pick a website design template to utilize for your print-on-demand online store and add free plugins to make the page look more professional. You won't have to print shipping labels or ship the packages because they'll be placed straight through a vendor. And, what's more, you won't need any money to get started.

6. Babysit, pet-sit, or house-sit.

The number of travelers traveling through one of the TSA's checkpoints last year had more than doubled by the end of 2021, according to the TSA. As a result, when people go on vacation, they will need house-sitters.

House sitting, on the other hand, may be a very personal experience. You might be asked to come by once or twice a week to pick up the mail and water the plants. Others may ask you to stay on the premises, care after the pets, perform some light housekeeping, and drive their vehicles on occasion. You should determine what you're comfortable with and how much time you have available to properly care for someone else's property.

There are sites like TrustedHousesitters that assist you find home sitters in addition to Craigslist and Facebook. You can utilize Care or Rover for babysitting or dogsitting. Both parties will be able to discover the ideal mate utilizing these sites without having to worry about scammers.

Just keep in mind that the potential for growth isn't as high as with other side hustles. However, this could be a rather simple way to earn an extra $500 per month.

7. Make a garage conversion.

Garage flipping is the process of purchasing low-cost items and reselling them for a larger profit. "Okay, I know this isn't a novel idea," says Jeff Rose, CFP and founder of Good Financial Cents. "But you have to be motivated by the folks who have the guts to dig in and make an idea like this work for themselves." "People have been exploring flea markets and garage sales for antiques, gadgets, and home appliances for years." Items can also be sold via thrift stores, liquidation sales, and online marketplaces such as Craigslist, eBay, OfferUp, and Facebook Marketplace.

You can make a lot of money with this side business, not only because it is flexible and fun if you enjoy looking for bargains. Rob and Melissa Stephenson of The Flea Market Flipper, for example, have made over six figures by flipping garages. Here are some other options for making money online that are similar to these!

Manager of social media.

Whether we like it or not, social media has become an integral part of our lives. In October 2021, 13 new people joined social media every second, according to Kepios. With new social media networks appearing on a regular basis, this figure is unlikely to diminish.

When it comes to maintaining social media accounts, it's normal to have a variety of tasks. You might be in charge of everything from someone's Instagram account to the entire company's social media strategy as a social media manager. Every social media manager should stay up to date on current trends and understand how social media algorithms work.

You must gain business and/or followers as a social media manager. After all, it is why you are being compensated. A social media manager can earn anywhere from $24,468 and $214,095 each year.

9. Freelancing. 

Related: Employers Pay Freelancers a Lot of Money for These 25 In-Demand Skills

The rise of websites like Upwork and Freelancer has changed the way people and businesses complete assignments all across the world.

Specialists in web development, programming, and graphic design are always in high demand. Small firms are particularly interested in hiring freelancers to perform projects at a reasonable cost. As a freelancer, you may capitalize on these demands while also generating additional revenue. Freelancers on Upwork, for example, earn an average of $17.96 per hour. You can, however, choose your own wage.

You don't need technical abilities to work as a freelancer; your creativity can be used as well.

You could, for example, use your writing or photography abilities. There are plenty of clients looking for competent freelancers to help them create content for their blogs or social media channels. Editing and proofreading services are also required by clients. It's also feasible to find people who are looking for artists to help them turn their ideas into reality.

Also, don't neglect the possibility of working as a virtual assistant. As a VA, some persons have been able to earn as much as $10,000 per month.

You'll quickly notice that you can use your abilities and talents in a variety of ways if you explore freelance markets. There are no limits to what you can do. Furthermore, you may practically begin right now with only the skills and resources you now have.

Starting a blog is a great way to get your name out there.

My final recommendation for a low-cost side hustle is to create a blog. I'm not sure why I saved the finest for last.

A blog can help you increase your revenues no matter what side business you do. Having a blog provides credibility and allows you to show off your work, whether you're designing WordPress websites, taking images of property rentals, managing social media for local businesses, or freelance writing.

Aside from that, having a mechanism for people to find you will help your side business develop.

Additionally, if your blog provides value to an audience, you might earn a significant amount of money as a blogger. In their first year, a blogger who consistently produces good content earns $500 to $2000 each month.

The benefit of blogging is that it does not necessitate daily attention. You'll need a few hours every week to research, develop, and deliver exceptional content. You'll be fine if you post on a regular basis.

The following are some of the ways to make money blogging on WordPress:

Affiliate marketing, Google AdSense, or selling sponsored blog articles are all options for monetizing blog material.

Website with a membership fee.

Webinars and online courses are available for a fee.

The WooCommerce plugin allows you to quickly add an e-commerce store to your WordPress site.

What's the best part? For little to nothing, anyone can start a blog.

Beware of Side Hustlers

Related: How to Start a Side Hustle in 5 Easy Steps

Avoid jobs in highly regulated industries, such as health care, because the rules might be difficult to comprehend. You also don't want to put your main source of income in jeopardy. You may need to work a full-time job at first to make ends meet.

The most important thing is to not devote all of your focus to your side hustle and simply go through the motions at your day job. In addition, double-check your contract. You don't want to start your new business only to find out that you signed a noncompete agreement with your current employer.

There's one more thing.

While it is crucial to keep overhead costs low, there are several areas where you should not cut shortcuts. Even if you're starting a business based on your existing skills, such as babysitting, petsitting, hair cutting, or baking, it's critical to follow industry standards. If you plan to conduct your business from your house, you should review your homeowner's insurance policy to discover which accidents are covered and which aren't, and purchase riders appropriately. If you rideshare or deliver food, the same is true for your auto insurance.

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