Is your budget a wreck and your net worth stagnant? You’re not alone! In fact, you might join 16.6 million U.S. households that have a negative net worth.
So how can you get back on track? My favorite method is by making more money. And while it’s not always as simple as it looks, there are some ways you can grow your income with just a few hours each week. So how can you get back on track? My favorite method is by making more money. And while it’s not always as simple as it looks, there are some ways you can grow your income. One well-known hustle is by placing bets after going here to check odd and find a bookie. Another example is selling a company’s products for commission. However, there are some other simple hustles that require just a few hours each week and for the most part allow you to be your own boss.
Let’s explore some of my favorite side hustles for anyone to increase their income and fix their budget!
Freelancing is one of the quickest and easiest ways to increase your income depending on your skills. If you have a marketable skill like writing or coding, you can offer your services to companies in need of them who aren’t ready to commit to a full-time employee.
Freelancing can be done through various skills including writing, editing, coding, designing, and translation. To find these jobs, you can browse various freelance websites like Upwork or Fiverr.
Food Delivery Driver
If you have a vehicle and some free time, driving for food delivery apps can be an excellent way to make money and increase your income. With rising demand and the ability to earn tips for your service, working as a food delivery driver is the perfect side hustle for just about anyone. Some of the top food delivery services include Doordash, Postmates, Grubhub, and UberEats.
If you’re looking to maximize your earnings, registering to drive with multiple services will ensure you can optimize your workload.
Flipping can be a great way for people to make money because you don’t need a certain skill set to get started and there are many options. For example, you could start by flipping furniture but you may prefer flipping domains. You can also opt to flip items by utilizing retail arbitrage in which you find products being sold highly discounted at a local retailer and selling it online for a profit.
To become a successful flipper, you’ll need to have a good eye for finding items that can be flipped.
Start a Blog
While starting a blog won’t yield immediate results, it can be a great way to boost your income over time and can even become a full-time business. As you grow your blog, you can start making money while you sleep via passive income. Because there is a niche for almost any interest, there’s sure to be a topic that suits you.
To get started, you’ll first need to decide on a topic to write about. Then you’ll need to choose a domain name for your blog. Next, it’s time to install a CMS like WordPress to manage your content. Finally, it’s time to start creating content and promoting your work.
One of the most difficult pieces of growing a blog is marketing it to get more readers. There are a few main traffic sources you can focus on — search engines and Pinterest. These sources offer the most opportunity at the least cost. But it will take some time to grow your audience.
Once you’ve cultivated an audience, you can place display ads on your site to start making money. You can also use affiliate marketing to give your income a boost. When learning how to make your money work for you, blogging can be an excellent option because of how quickly results can compound. You can also learn something like design or coding for extra income.
Another great reason to start a blog — it’s perfect for people of any age.
Dog walking can be a great way to make some extra money while improving your heart health. No, you won’t get rich quickly by walking dogs but it could give your budget just the boost it needs. It’s possible to make an extra $200+ per month just by spending a few hours each week walking.
Washing & Detailing Cars
Car washing and detailing has become more and more popular over the past decade and vehicle owners are willing to pay top dollar if you can give their car a shine.
This side hustle requires a few pieces of small equipment to get started, much of which you might currently own. You can ask friends and family if they know anyone looking or post an ad on social media to attract new clients.
How much money can you make?
It’s possible to charge upwards of $100 per vehicle depending on where you are located and the complexity of your service. By washing a few cars per week, you could make over $800 per month.
There are many professionals who could use help crafting their resumes or cover letter to get their next job. You can help these people by writing them for them. You can charge anywhere from $25 to over $100 per resume, making it quite a lucrative side hustle. You can find jobs on websites like Upwork or Fiverr.
Boosting your income isn’t always easy, but it can certainly fix your broken budget. If your budget is broken, it’s best to first take a look at your expenses and see if you can lower them. For example, decreasing your food costs is one great way to save money each month.
Once you’ve analyzed your expenses, it’s a good idea to look at ways to increase your income. By choosing one of the side hustles I’ve explored, you’re sure to start making money and balancing your budget.
Do you have a favorite side hustle? Comment below!