Four part-time jobs, the income from which can replace your salary
'21.11.2023'
Alina Prikhodko
If your salary can't keep up with inflation and you need extra money, you've probably thought about a part-time job. A side hustle can help you pay bills, save for retirement, and travel. For those who cannot decide on all the possible options for earning money, Entrepreneur prepared recommendations.
From takeout delivery and dog walking to starting new businesses and consulting, Americans work hard outside of their day jobs. According to a new study Bankrate, two in five (39%) American adults have a side hustle.
A side hustle is a way for people to earn extra money on top of their regular income, and for many Americans, a side hustle isn't meant to be fun. With inflation and the growing likelihood of an economic downturn, people need extra income to pay everyday bills.
But if you can't decide on all your options, then it's time to think about where you can get the most financial reward for your skills and time and what could completely replace your regular income.
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Fortunately, experts Gigworker.com, which provides advice, information and gig economy opportunities, have compiled a list of the highest-income side hustles that will help you quickly fill your bank account and maybe even replace your current income.
Online teaching
Do you have a talent or skill you want to share with the world? Consider taking up a part-time job with virtual learning sites like Coursera or Khan Academy. Especially profitable, according to experts, are courses in information technology and computers.
Average earnings: $21-42 per hour
Taskrabbit
This type of part-time job allows you to set your own rate, which often means increased earnings as your skills and experience increase. “This type of side hustle is a fantastic way to earn extra money and can quickly become your main source of income if you work hard and set the right rates for each job,” experts say.
Average earnings: $40-55 per hour
airbnb
If you have a spare room or vacation property, you can rent it out to earn extra income. Experts admit that letting strangers into your home “can seem intimidating,” but damage protection and host liability insurance on Airbnb can't hurt.
Average income: $ 920 per month
Internet resale
From fashion-focused resale sites such as Poshmark и Of pop, to universal platforms like eBay и Facebook Marketplace, – in the digital world there is an audience for almost any worker who wants to sell things for extra money. According to experts, this type of activity remains one of the most popular, especially among people aged 18-25.
Average earnings: $23 to $50 per hour