Do you remember the days when you spent your summers selling lemonade or babysitting your neighbor’s kids? Wasn’t it so gratifying earning that extra cash? As it turns out, you don’t have to give up on your entrepreneurial dreams as an adult. You can still have your lemonade stand and an adult career too. How? Enter the side-hustle.
Side-hustles are any project or job you do to earn money outside of your traditional job, usually temporarily or for a limited timeframe. The extra cash in your pocket as well as the flexibility and independence to pursue job opportunities on your own terms makes it a pretty attractive gig, especially for young people in the on-demand economy. In fact, a recent Bankrate survey shows almost half of working Americans report having a side-hustle outside of their primary job.
Just how lucrative are these gigs? The average monthly earnings for millennials with side-hustles is almost $580, with 15% of side-hustling millennials taking in more than $1,000 per month! Not only can this extra money help cover your debt and allow you to feel more financially secure but side-hustles can also help you boost your resume It’s a win-win!
So where do you start? The good news is there are plenty of ways you can start earning cash on the side. Here are six side-hustles you can easily start this summer!
Make Marie Kondo Proud
A great way to earn some money quickly is by selling clothes you no longer wear or furniture that isn’t being used. Look through your closet and household items to see what you can do without. You might be surprised at just how many items you can clear out. Hint hint — you probably don’t need all of those old Halloween costumes from years ago.
Once you’ve gathered all the items you want to sell, start taking high-quality photos of everything and then you’re ready to go! First, try selling your items to your inner circle of friends and family and then expand to broader audiences. There are plenty of second-hand online stores you can use to sell your items. Depop, Poshmark, and ThredUp are some popular options if you’re looking to sell clothes specifically. For any other belongings, you’re ready to part with, try posting on Facebook Marketplace, Ebay or Craigslist.
Take a Paid Staycation
If you’re still saving up for a trip to the Amalfi coast don’t worry you can still have a relaxing vacation close to home instead. Have your own little adventure by house sitting for someone through websites like HouseSitter! Since summer is a peak time to travel, especially for families, house sitters are in demand this time of year. You’ll be able to not only avoid the heat by staying indoors and continuing to binge shows but now you’re getting paid to do it in someone else’s home!
Tap into Your Creativity
Side-hustles are a great way to finally spend time on the creative passions that you keep putting off. You can make the time to paint beautiful landscapes or shoot photos and be rewarded for it by monetizing these hobbies. Thanks to the internet, it’s never been easier to get compensated for your crafts through websites like Etsy, which is one of the largest marketplaces for selling handmade goods on the internet. Time to add professional photographer to your resume.
Take Walks with Furry Friends
If you believe dog is man’s best friend, this gig is perfect for you! Apps like Wag or Rover let you walk other people’s dogs around the neighborhood and get paid for it. These apps easily match you with people seeking dog walkers in your area and allow you to walk dogs on your own schedule. Rover also has dog sitting opportunities in case you want to spend more time with your new furry friend and earn more too! Rover’s director of operations Kristen Forecki says sitters that treat Rover like a part-time job and take two or three dogs for two weeks out of the month can earn an average of $1,000 per month.
Freelance Doesn’t Mean “For Free”
Freelancing is a common side-hustle that allows you to work for yourself and showcase your talents.. But how do you find clients looking for these skills? Check out Fiverr, a marketplace for freelancers and those looking to hire. Whether you’re a writer, developer or video editor, your skills are valued and someone will pay you for the work you put in. There are all kinds of freelancing opportunities out there from showcasing your celebrity impersonations to creating meal plans for others, there’s no limit to the possibilities for skills you can offer.
Share Your Talents with the World
Teaching a language, skill or academic subject is a popular and steady gig. Your students will be recurring customers who will likely work with you for longer periods of time as they continue to learn and develop their new skills. And your group of students does not have to be limited to your immediate neighborhood. With apps like Skype, you can tutor students across the country or even the world. Plus the added bonus of this side-hustle is that it can also be extremely rewarding to see students’ continual progress as a result of your work.
Side-hustles aren’t always easy but when you find the right one for you, the benefits can outweigh the challenges. You can learn something about yourself, feel pride in truly owning your work, and reduce your debt. Have you tried any of these side-hustles before? Or is there one that sounds the most appealing to you? Tell us in the comments and on social with #RealMoneyTalk!