With the cost of everything going up at the minute, with very little change to wages, it’s no surprise that many people are looking for ways to make some extra money on the side.
But, of course, having a side hustle is nothing new, and the good news is that in the gig economy, there are lots of different options for you to consider depending on your skills, interests, and the amount of time you have.
Whether you just want to boost your income so that you can save up more for a rainy day or are looking to supplement your income to cover the rising cost of living, here are some options to consider.
Dropshipping is an ideal option for setting up an eCommerce site without all the overheads of buying inventory and storing it ready for sale. With dropshipping, you will list the products for sale on your site but do not hold them in stock. In addition, Dropshipping has a low financial barrier to entry as when an order is placed, the drop shipper will be notified and take care of all packaging and delivery on your behalf.
2. Food Delivery
If you own a car or bike, are insured, and have a good knowledge of your local area, then you can sign up to become a food delivery driver, working on a self-employed basis. This is a good side hustle option as you are in control of when and where you work, so you can choose to work evenings or weekends when you don’t have any other work commitments and when online food delivery orders are likely to be at their highest.
Companies like Uber Eats, Deliveroo, or Just Eat work with self-employed drivers – all you need to do is apply through the app to be taken through the sign-up process.
If you’re artistic or enjoy a craft as a hobby, then it might be worth looking into turning it into a side hustle. But be careful with this, as many people who try to make an income from their hobbies find that it makes it less enjoyable for them over time.
However, if you can sew, draw, or make handmade items that people might like to buy, it may be worth considering starting your own eCommerce website or setting up an Etsy shop.
4. Online Service
If you are good at writing, graphic design, web design, or something else that you can do online, then you may want to consider offering an online service as a freelancer to make an additional income.
You can do this by setting up your own portfolio website and marketing your services on LinkedIn or relevant forums or using a freelance marketplace such as Upwork, PeoplePerHour, Freelancer, and Fiverr.
So whether you’re writing website content for business owners or designing logos, there’s plenty of work to go around.
5. Task Rabbit
If you are quite a handy person, are good at cleaning, or have a large vehicle that you can use to help people do removals or clearances, then you might be on to something.
Apps like Task Rabbit are ideal for side hustles, as you can be connected with people who are looking for somebody to do all kinds of services for them. Services hired include flat pack furniture assembly, house clearances and cleaning, basic decorating, and much more. If you have a skill, you can get paid for it.
If you want to maximize your income to deal with the rising cost of living, then it’s worth considering starting a flexible side hustle that suits your schedule.