To claim this period that started more than a year ago has been challenging is an understatement. If Covid has taught us anything about money, it’s that, as valuable as a three- to six-month emergency fund is, it’s not always enough. We now need several skill sets and income sources to be financially self-sufficient. That brings us to the significance of side jobs.
Start a product website as a second side hustle. Almost every product sold today pays a fee to bloggers when their website produces a profit. A blogger, for example, can build an affiliate connection to virtually any product on Amazon. If you send a visitor to Amazon via an affiliate connection, you’ll get paid a commission if they purchase anything.
Today, building a website is amazingly simple. WordPress powers the bulk of blogs and also several corporate websites. What’s great it’s that it is free and easy to set up. You can choose something you’re passionate about with a product website. Anything from cooking to mountain climbing may be the topic of a lucrative blog that teaches and sells related equipment.
A product-focused website is similar to an educational website. The difference is that a knowledge website isn’t designed to sell physical goods. The website focuses on providing information to assist people in making the best use of their resources. The topics covered include everything from how to invest to how to boost your credit score to the online banks providing the best rates. An information-based website can be started on almost any subject, just like a product website. Health, wellness, and efficiency, in addition to finance, are some of the most lucrative topics.
Trading has become a more trusted and reliable source of income (usually passive) over the past year. Forex trade is a great way to get into investing since it’s an internet-based trading market, and you can trade from anywhere in the world. As long as you make time to sit and research about it, including licensed and certified brokerages, you are good to go. It takes time to learn, but it can bring you a hefty income if you are serious about it.
The following online side hustle is a book review website, which we’ll name as a successful example. This one is on our list primarily to give you an idea of the various ways you can make money online as a side hustle. Brain Pickings is an excellent example of this sort of website.
Long story short, Maria Popova started her blog in 2006 and turned it into what I’m sure is a full-time job reading books and sharing her thoughts on them. Calling her site a “book review” website is, honestly, disrespectful. She draws many more profound conclusions about life and living than just a study. However, she receives money from many outlets, including donations and Amazon affiliate links to the books she discusses.
Finally, you can build and sell your own product as a side hustle. Many bloggers have made millions of dollars by selling online courses and eBooks that help people learn new skills.
Prepare to roll up your sleeves and focus on the idea you try. Any of the above suggestions might work, but you’ll have to learn a lot along the way. It isn’t a get-rich-quick scheme. They’re more along the lines of “work harder than you thought,” “create a steady stream of profits,” and “achieve financial independence over time” schemes.
It was 20 years ago that the perfect time to start a side hustle was. Today is the second-best time. Be aware you will need to put in a lot of effort at first with nothing to show for it. If you stick to your commitment, it could change your life in no time.