The start of a new decade serves as the best reason to make your financial goals a reality. When your part-time or full-time job isn’t cutting it, turning to a side gig is a surefire way to ensure you’re able to access the cashflow you desire while doing the things that you love.
Using this guide, we’ll give you the lowdown on six exciting (and rewarding) side gigs that will make you money and speak to your passions.
1. Virtual Assistant
Got a way with numbers? A keen understanding of people? An eye for organization? Those saddled up with all three may be the perfect candidates for a virtual assistant side gig. So long as there are companies and business with executives who need an extra helping hand, there will always be demand for virtual assistants. What’s more, one of the best parts about the job is that it exists in just about every industry—marketing, engineering, hospitality, and more.
As a virtual assistant, your responsibilities will range from typical office admin work and paperwork organization to meeting scheduling and beyond. All of these tasks can be completed from the comfort of your own home office.
2. Fix and Flipper
Fixing and flipping homes has blossomed into one of the hottest ways for ambitious real-estate lovers with an eye for aesthetic to turn their dreams into sellable realities. Transforming disaster properties into market-hot homes takes a lot of careful planning and plenty of time, but it can be one of the most lucrative ways to cash out on a side gig.
Pro-tip for beginners: Because most traditional banks refuse to finance fix-and-flip loans, you may have to opt for a different type of lender. Hard money loans are specially designed to expedite the lending process, making them perfect for short-term projects. Whether you’re looking for hard money lenders in California or in New Hampshire, be sure to do your research and choose the lender with the best rates and conditions.
3. Dog Walker
Pet ownership is at an all-time high, which means the demand for pet care is also at an all-time high. Get in on the action by signing up for a dog-walking service that connects you to pet owners in need of regular walks and sits for Fido. An easy extra $100 a week for hanging out with cute puppies? A total no-brainer for all animal-lovers looking to increase their cash flow.
Whether you are an artist on Photoshop or a wizard with the written word, freelancing your services is a great side hustle worth pursuing in 2020. Online platforms like Upwork or Fiverr are among the many sites supremely designed to connect your skills with professionals in need of your unique expertise.
Not sure if your talents and skills are valuable online? Anyone with a background in the following will do well in the online freelance marketplace:
- Content creation
- Logo design
- Voice over
- Social media
- Graphic design
5. Online Surveying
Believe it or not, you can actually make money by completing online surveys. Businesses dependent on customer satisfaction turn to online surveys to gain the insight they need from everyday consumers like you. Between your regular job and everything else crowding your schedule, squeezing in time to take a few online surveys can put a little extra coin in your wallet! The payoff?Some surveys pay as little as $0.50 and some pay $5.00, so the more you’re able to complete, the better!
6. Airbnb Host
Airbnb has become the most popular alternatives to traditional hotel lodging—and for good reason! Airbnbs are much cozier and leave plenty of the aesthetic desire in the hands of the traveler. And because business is booming for Airbnb, business is equally flourishing for hosts. Depending on your property’s geographical location, you could make over $70,000 a year by simply renting out your space.
Do you live in a hot city for Airbnbs? You could be earning thousands starting today. Check out the list below:
- Los Angeles
- New York City
- San Diego
- Las Vegas
Which of these side gigs are you going to try this year? Let us know which ones inspired you in the comments below!