I’m sure you’ve recently heard a lot about people creating side hustles to make extra money besides their regular income. Creating several extra sources of income is an empowering way to create financial security. Furthermore, it gives you more freedom, as well as boosting your self-esteem and savings. There are countless extra sources of income that you can create for yourself with a little research, imagination, and courage to get started.
Moreover, it will give you a greater sense of freedom than relying solely on one source of income. Remember, no job is 100% secure (you could be sacked, made redundant, or fall ill and be unable to perform your duties). Therefore, having backup sources of income is important.
Therefore, creating side hustles will…
- Give you financial security
- Make you less stressed about money
- Boost your income and your savings
- Give you more financial freedom to do whatever you want
- Boost your self-worth, self-esteem, and confidence
- Give you more focus and goals in life
- Give you a backup if you lose your main source of income
- Build new skills
- Make you more creative
- Increase your problem-solving skills
Create Your Side Hustles
Creating several different sources of income is becoming more common. Therefore, it’s important to have backup income in case something comes up in your job. You never know when you might be sacked, made redundant, or become ill and can’t work for a while.
You can create numerous side hustles to make money online, as well as in person… the possibilities are endless. Therefore, start by grabbing yourself a pen, your journal, or a piece of paper. Next, brainstorm anything and everything that comes to your mind as possible things you can do on the side to make a little extra cash.
Next, ask yourself these journaling questions to help you clarify areas or side hustles that suit your skills, personality, and circumstances…
- What am I good at?
- Which skills do I have?
- What am I interested in?
- How could I help others?
- What are my hobbies?
These questions should start giving you ideas about possible side hustles that interest you. Therefore, use your interests, qualities, and skills to research these areas online and how to get started.
I started creating extra sources of income for myself by selling products on Etsy, and now I have started this blog. I enjoy helping others, writing, and being creative. So, these all fit in perfectly with my character and skills. Therefore, it’s important to find things that interest you because it’s more fulfilling and rewarding to pursue side hustles that you enjoy. Moreover, it will keep you motivated to branch out and create even more sources of income.
Side Hustle Ideas
Here are just a few examples of ways that you can create extra sources of income for yourself…
- Make money on Instagram (paid partnerships, affiliate marketing, selling your products like cupcakes, jewellery, or headbands, etc)
- Sell on Etsy (are you creative and can make your own products? Then, sell them on Etsy worldwide)
- Blogging (it can take a while to make money through blogging. However, it’s possible to create your own shop or make money through affiliate marketing, advertisements, and selling your services on your blog)
- Babysit (if you have family members, friends, acquaintances, or people you know who have children, you could offer to babysit for them. Therefore, start building up a positive reputation in your area. It’s free to get started, and you can make decent money looking after people’s children.)
- Dog walking (if you love dogs and have the extra time, why not offer your dog walking services around your local area?)
- Start your own business (follow a passion or dream and set up your own business doing what you love. You could set up an online business, fitness classes, café, pet grooming, etc)
- Sell your services (there are loads of freelance websites where you can sell your expertise to people in need. For example, web design, photography, proofreading, and financial advice are just a few)
- Become a tutor (can you speak a different language fluently, can you play a musical instrument, are you a qualified yoga or Pilates teacher, etc? Use your skills and teach others in the evenings or on weekends to make some extra cash)
- Start investing (research how to invest in stocks for beginners, or ask someone you know who already has some experience in this area, and start building your money)
- Create a YouTube channel (if you have a skill you can teach others or are great at entertaining, motivating, or inspiring others, why not create content for YouTube?)
- Take part in paid surveys (a quick Google search will produce numerous results for making money through taking quick surveys online; get paid to give your opinion online)
- Sell your old things (you can make some extra cash by selling things you don’t use anymore on loads of different websites and apps; eBay and Vinted are just a couple of options)
- Start a podcast (get creative and express yourself through an interesting podcast. You could get sponsors from companies and products that are related to your podcast topic)
- Become a human billboard (companies will pay you to advertise their business by holding a sign, wearing fancy dress, or handing out flyers to create extra business for them)
- Write an eBook (if you’re an amazing writer, why not create an eBook and sell it online? You could write a book or course and make some extra cash doing what you love)
- Offer your web design services (if you’re great with computers, you could offer your skills to help out people you know or new businesses who wouldn’t be able to create their own website)
- Be a TV extra (why not do something fun and research how to become a TV extra in your area?)
- Try mystery shopping (Google mystery shopping opportunities near you and get paid to shop or dine out, what’s not to love!?)
- Become a pet sitter (offer your pet sitting services in your local area and make a bit of extra cash looking after people’s pets when they’re out of town)
- Start a photography service (if you’re interested in photography, you could set up your own photography website or Instagram and start selling your services for functions and events once you’ve built your portfolio)
- Become a freelance writer (if you’re interested in writing, proofreading, or editing; there are opportunities to sell your skills online if you do a little research)
“Become so financially secure that you forget that it’s payday.”– Unknown
Summary
Creating an extra source of income will give you more financial freedom and stability. Additionally, it will help you to pursue your passions and dreams. Therefore, find what interests you and spend some time researching and playing around with possible things you could do to create more money and security in your life.
Moreover, it’s great to have extra money to put away for a rainy day, and you never know where your side hustle will lead you. Many people start a side business doing what they love and can make a substantial extra income. Therefore, there’s no reason why you can’t create several different sources of income for yourself. So, why not push yourself and follow your passions!?
“There are no downsides to a side hustle, there are only benefits to building more than one source of income.”– Forbes
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