With incomes rising more slowly than in prior decades, families are looking for ways to supplement their salaries and boost their budgets. Although wages aren’t growing as fast as many would like since the financial crisis of the last decade, the internet and other changes in the economy have made it easier than ever to have a “side income” – something else that you do to earn money and keep your family financially afloat. Many of these side hustles can net you between $2,000 and $10,000 per year, depending on your skills and how much of your free time you’re willing to invest.
But what side income opportunities are out there, and which should you choose?
Work As A Remote Admin Assistant
The so-called “boundaries” of companies are changing. Whereas once upon a time firms would have hired their own administrators to do tasks in-house, they now want people on an “on-demand” basis to perform admin functions for them.
While this might sound like a bad thing for workers, it’s actually perfect for people who want to earn a side hustle. Agencies will liaise with companies, ask them what admin work they want doing, and then forward tasks on to you to do in your own time. Many of these jobs have flexible hours, meaning that you can take the kids to school or prepare the dinner before having to get on with your tasks.
Complete Online Tasks
Companies need people who can perform tasks online for them, including things like fill out surveys, enter data, and write copy. Ideally, they’d like to avoid having to pay somebody to do these tasks full-time, and so they open the work up to the broader public, using the power of the internet.
Once the work is done, you’ll earn points, like those through the MyPoints scheme, which you can exchange for rewards, including cash vouchers. Payments in cash or in-kind can regularly exceed $2,000 per year if you stick with it consistently.
Start Testing Websites
Companies need people who can test their digital products, including their websites, to ensure that they are stable and work under load. Developers can pay up to $10 per gig, and usually, you’re done in around 40 minutes. You don’t need to be computer-savvy; just have a connection to the internet and the ability to record any issues you encounter.
Be A Pet Sitter
Do you love animals? If so, becoming a pet sitter might be the ideal side hustle for you. People need people to look after their pets when they go away on holiday or out in the evening. Sites like Wag and Rover connect pet owners with pet sitters, and provide a way for both to meet up, exchange animals, and take payment. These sites negate the need to post your own advertising, saving you both time and expense. What’s more, you can quickly connect with an entire community and get repeat business in the future if you do a good job and provide a stimulating environment.