Our generation is getting hungrier. Here are 10 of the most rewarding side hustles to make it happen in 2021!
So you’ve learned about creating multiple streams of income for yourself, or you’re simply looking to make a little more money on the side. One thing is certain, your side hustle(s) might just be the initial step towards building financial wealth. Lets begin.
#1 – Airbnb
Airbnb is a sharing service that offers opportunity for travelers to get cost-efficient accommodation wherever they travel to. This side hustle allows you to earn money for essentially renting out your property to people looking to opt out of high hotel rates. If you aren’t a property owner yet be sure to keep this in your radar!
#2 – DoorDash
DoorDash is a courier company that offers service on demand. Dashers deliver food from all type of restaurants. The flexibility to choose when you deliver allows you to accommodate your schedule accordingly. This is perfect if you’re looking for a part time or weekend hustle.
#3 – Mobile Car Wash / Detailing
Mobile car detailing services are becoming a little more common. This gig requires a van or truck to move your equipment and get the job done. Although this hustle is mainly seasonal, creating relationships and building the proper clientele can secure your side hustle year round.
#4 – Turn Your Hobby into a Business
Whether it’s dancing, singing, producing, painting, climbing, collecting, restoring, you name it! You can monetize your content on YouTube through vlogs, DIY, and tutorial videos. If you’re a recording artist get your music distributed and get paid from streams! Find a way to make money doing what you love.
#5 – Buy at Wholesale Cost, Sell Below Retail Market Value
This is similar to flipping except you don’t need to add value to an item. You purchase items at a wholesale cost so you can retail them and make a profit margin. It’s wise to look at the current retail value of what you’re selling and price it just below the market while still profiting from the cost of your initial purchase. You can use websites such as Amazon, eBay, Facebook Market & Craigslist to sell.
#6 – Babysit
If you love children and have a knack for taking care of children, babysitting can be a very rewarding side hustle. Plan your availability in accordance to your schedule. When you tend to help people, the reward seems to be greater for some reason. There’s just something amazing about the integrity involved with such a responsibility.
#7 – Work a Part-Time Job
If you’re a teacher already working part-time, find another teaching job to get the most out of your career. If you’re in the medical & healthcare industry working part-time, find that second part-time to increase your income and experience in the field. A part-time job or hustle (if you’re already working full-time) will increase your income, no questions asked.
Fiverr is a great way to teach online making it the perfect side hustle for millennials.
#8 – Rideshare Service
Companies like Uber and Lyft allow you to earn money by transporting people to their destination in the comfort of your own vehicle making it a perfect side hustle. Get paid to drive while potentially saving the lives of others by prohibiting them from driving under the influence.
#9 – Party Planner
Party planners take control of the design and presentation of a celebration in order to create an awesome experience that will always be remembered. Note down all the exciting details for every project. Discuss budget and come up with a fixed dollar amount to make this happen. Sell it and over-deliver. Budget on the price negotiated with the client and the profit is yours.
#10 – Store and List Your Space
Neighbor.com allows you to list your drive space, garage, attic, or basement to store your fellow neighbors belongings. You essentially rent out space you don’t use to people that need it. It’s another great way your property can generate an income for you.
#11 – Instruct or Teach Online With Fiverr
Fiverr allows you to instruct or teach just about anything online. Millennials are teaching people how to speak another language, they’re writing as freelancers, and teaching digital services. People are making anywhere from $10-$800 on services!