The side hustle is quickly becoming a necessity among U.S. workers. Adding extra cash to the monthly budget is great for those looking to create a little more savings for their future home, the next vacation, or a special occasion. However, there are many families that rely on side hustles to get by. As a result, the cottage industry that propels these additional, and non-traditional working hours is seeing huge growth as a result of this need as well as among those who simply want to boost their overall take-home pay by a few bucks.
No matter your reason, with one of these four side hustle ideas, you can start drawing a second, substantial paycheck in no time.
1. Become A Delivery Driver
Anyone with a car and a healthy driving record can get into deliveries. Whether you’re looking into an opportunity to drive for GrubHub or you plan to approach your local pizza joint, the landscape for delivery drivers in the United States has changed significantly in the last few years, and consumers simply depend on these workers nowadays.
Delivery drivers—for Uber Eats, DoorDash, and GrubHub, to name a few—are particularly important during this time of public health crisis. The coronavirus pandemic has made interactions within the physical space of restaurants, grocery stores, and everywhere else a hazardous proposition. The independent contractors who bring deliveries straight to customers’ front doors are an essential class of pro workers in today’s world.
2. Try Your Hand At Tutoring
Anyone with teaching experience in their past can easily tack tutoring onto their daily schedule. A few short sessions in the afternoons can net a significant amount of extra cash, and it can bring you back into the fold of the profession that you took so much from while you were active in education.
Teaching in a traditional space is obviously a full-time position, but with tutoring, you can bring in the extra money that you’re looking for with a flexible schedule that fits in with your needs rather than the other way around.
3. Dog Sitting And Dog Walking Are A Staple Service
Just like with a tutoring side gig, dog walking or dog sitting gives you the opportunity to be your own boss while participating in an essential service that brings you closer to the furry friends that so many of us adore. Dog walking is crucial for millions of families, but with busy schedules and a hazardous environment continuing to persist in the public spaces in our communities, a pro dog walker is a great alternative.
This gives you the ability to get out into the open air on a daily basis and take in the sights and sounds of the park, city, or countryside while earning some extra cash at the same time.
4. Invest Your Stimulus Check
Investing can operate as a side hustle if you are looking to create a stream of dividend income to supplement your ongoing daily and monthly expenses. Many pro investors choose to purchase dividend-yielding stocks and growth assets that they can trade quickly in order to turn a profit. These can come to form a significant addition to your budget and cash flow in the short term.
Just like with any other side hustle, much of the work that you’ll need to put in to create a strong trading strategy can be undertaken with a flexible schedule that works around your other commitments, yet one of the only cons that is apparent here is in the opening hours of the stock market—weekdays from 9:30 to 4:30 EST. With the help of coronavirus stimulus cash, launching a new portfolio can be a quick way to immediately bring in new sources of extra cash.
Each of these side hustles offers the ability to be your own boss and work the hours that make sense for you and your other needs. Think about taking on one of these roles for greater financial freedom and flexibility.
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