11 Side Hustles To Try in 2022
As more and more people become internet savvy, they are understanding that there is money to be made online. Having online and offline side hustles allows you to be in control of your own time, which means that you don't have to be tied to a 9-5. You can choose to work your own hours, and how much you get paid is a direct result of how much effort you are willing to put in.
As a result of this, more and more people are turning to websites and online resources to figure out how they can make money online to grow their wealth. Our team has time and time again made money from the internet. Over the years, these can vary from large sums of money to smaller chunks of payments received for simple tasks. We've put together a list of our favourites to help you get started on this journey. Read on!
1: Buy and Sell Domains
Earning Potential: $500+
Have you ever heard about the concept of flipping? You might have heard about flips where people buy houses for cheap, renovate them and sell them at a higher price, banking a small (or big) profit in the process. The concept of flipping, in theory, is quite simple. Much like house flipping, it follows the usual principle of "buy, improve, sell". People flip all kinds of things, from houses to old furniture that they found on the side of a street.
In the digital age, this flipping process extends beyond physical assets to websites and domains. If you have a knack for naming things, you could be quite good and domain flipping. Domain flipping is the process of buying domains that you think could be worth more than their current value and then selling them for a profit.
Not sure where to start? We've written a complete guide to help you get started!
Jonah Livingswood
2: Test Apps, Websites and Other Digital Products
Earning Potential: $200+
Testing websites and apps is a great way to make some extra money, especially if you need the money now. You can get paid quickly and don't need any investment to get started. The best part is, anyone with a WiFi connection and a laptop or a mobile can get started, and now! Using their web platform or mobile app, you interact with the digital product that you are testing. Testing digital products is fun! All you need to do is think out loud and answer a few guided questions.
Websites like UserTesting, Enroll and TestingTime make it easy for you to get started in no time.
Alya George Kapoor
3: Sell Merchandise with Print on Demand
Earning Potential: $200+
Print-on-demand is a great way to get into the e-commerce space without needed much inventory or capital. It is similar to dropshipping, but where dropshipping loses with long shipping times and larger up-front capital requirements, POD shines through. This is because with POD you are basically only responsible for designing your merchandise.
Once you have an artwork in place, you can then send it to an external agency which then prints it on mugs, magnets, stickers, clothes, you name it! They also take care of the logistics of shipping and payments!
You can either choose to go through a platform like Redbubble which serves as a large online store where both consumers and buyers sell and buy merchandise, or you can choose to have your own Print-on-demand Shopify store which links with an external logistics partner like Printify.
There are pros and cons to both approaches. While there are relatively no costs associated with getting started on Redbubble, the space is quite crowded and you might have a hard time getting your designs noticed. On the other hand, having your own store allows you to have more control and market to the consumers of your choice, therefore building a brand and an audience, but you do need more capital to get started.
Ari Gomez
4: Get Paid to Take Surveys
Earning Potential: less than $200
Taking paid surveys is probably the easiest way to make some starter money online, and you can do it with just a mobile device and an internet connection! We have tested many websites to get started, and all the websites were free to use and required no special knowledge.
Bear in mind, that taking paid surveys will definitely not earn you enough money to quit your job or be able to afford to pay rent, but it's a good place to start in your journey to making money online. Some websites to get started are SwagBucks and Survey Junkie.
5: Offer Transcription Services
Earning Potential: $500+
Are you a fast typer who can listen to and transcribe audio pretty quickly? If the answer is yes, then you might just excel at being a transcriptionist.
Transcriptionists are tasked with listening to recorded audio and then tying it out into formal text for clients. As with most industries, the riches are in the niches and transcribing complex text such as for the legal and medical professions can pay more than usual.
For beginners, you can expect to earn anywhere from $15 to 30 dollars for every hour of audio transcribed, and these rates can go up as you become more experienced. The learning curve is not very steep, and you can get started within a week on the right platform. Most platforms require new transcribers to take a test before you can start, but this generally requires minimal preparation. Some good places to start looking for your first transcription jobs are Rev and TranscribeMe.
6: Rent Out a Room in Your House
Earning Potential: $1000+
Do you have a spare room in your house that you're not using? You could be looking at an investment space begging to be monetized. On websites like Airbnb, it is possible to list not just entire houses and flats, but also a single room in your house - and we know plenty of people making a side income doing just that!
Making a killing on Airbnb is very much a real possibility. Airbnb hosting is a fun and lucrative opportunity, but you must bear in mind the rules and laws associated with letting out your property, especially if you are renting! It's also a great way to slowly pay off your mortgage without digging too much into your regular income.
If you don't have a spare bedroom to let, get creative. We've heard of people who moved in with friends for the weekend so they could sublet their homes or rooms, and then split the profit!
7: Teach English Online (Or Anything Else!)
Earning Potential: $1000+
There are two obvious ways of making money online by teaching. The first one, which we will cover now is by using an external app or platform to tutors kids and adults on topics in which you have subject matter expertise.
Teaching online is a high paying gig, with some experienced teachers making upwards of $50/hour. There's plenty of different ways to get started. First, you will need to figure out what you are good at teaching. Then, you must find an audience (or a level) that you are comfortable teaching (beginner, intermediate or advanced!). Based on these factors, you will be able to find a platform that suits your needs.
One of the most popular places to get started is to teach English to Chinese students on a platform called VIPKid. Italki is great for teaching other languages if you are bilingual. If languages are not your strong suit, Outschool is another alternative that lets you teach just about anything. You can share your knowledge about Yoga or even Pokemon!
8: Create an Online Course
Earning Potential: $2000+
The other way is to create and market your own online course. Having your own online course can be a bit harder to start with, but the potential returns are far greater than teaching on an online portal. However, starting on a secondary platform can be a great way to network and build your audience so that when you launch your course, you already have students willing to pay you because they trust you!
If you have an audience and want to go the independent route, there are plenty of options to help you get started. Teachable lets you create online courses or host online coaching and earn a full-time income on the platform. Udemy is another extremely popular option!
9: Flip Furniture
Earning Potential: $1000+
It might sound complicated, but flipping old and unused furniture for money is a rather straightforward process. It can be done by anyone, irrespective of age or profession and flipped pieces can earn as much as 1000 dollars per sale! All you need is a little bit of space in your home, some equipment and the ability to get your hands dirty!
People on our own team have successfully managed to flip furniture for a neat little profit. In fact, one of our team members regularly refurbishes items of furniture they find for free on the street and sells them for upwards of $300 per piece! That's a very neat and high-profit margin! Sometimes, all you need to make a tiny profit is some furniture paint a tiny idea of what might look good.
You can also pick up pieces worth saving from garage sales and flea markets. You will need some experience with identifying things like the quality of wood and figure out how you will sell and deliver. You can start by contacting people in your local community or advertising your piece on Craigslist in the US and Preloved and Gumtree in the UK.
10: Invest in Dividend Paying Stocks
Earning Potential: Varies by capital ($200+)
Investing in the stock market may seem like a risky endeavour, but some old profitable companies pay out a monthly dividend to their shareholders that can help offset the risk associated with the fluctuating prices of the share itself.
What even are dividends? Companies pay out a portion of their profit to shareholders in the form of dividends. Generally, these dividends are paid out every three months. The problem with this is that the more money you invest, the more money you will earn in the form of dividend payouts.
11: Delivery Gigs
Earning Potential: $500+
A great way to make an extra income, especially if you are already on the road and like to drive or bike around your neighbourhood. Might as well get paid for it, right? This mode of income generation is quite popular, especially with University students looking to make some beer money!
People can pay you to deliver food and packages within your city. In the US, Postmates is the most popular app for freelance deliveries. The best part about working with Postmates is that they don't deduct any fees and you don't have a time commitment. You get to keep 100% of your earnings, including all tips and can cash out whenever you want!
DoorDash is another option and is far more widely available, across 4000+ cities in the USA, Australia and Canada. DoorDash allows their delivery partners - what they call Dashers - to be their own bosses. Much like Postmates, you will have the flexibility of choosing when, where, and how much you earn.