Are you looking for profitable and easy cash side hustles? Look no further! These are a few cash side hustles worth investing time and money in.
In today’s economy, having a regular job is sometimes insufficient to cover all expenses.
Fortunately, there are ways to make extra money during your spare time!
Today, we give you some inspiration for cash side hustles to start from home. You may even find a business idea you’re passionate about.
Let’s dive in!
Do you have plenty of spare time and need side hustle ideas? Here are some of the best ways to earn extra income!
Before we start, here are some questions you may have about cash side hustles.
Cash side hustles are a type of business that you do on top of your original work.
They only take a couple of hours per day, which makes them great for earning extra money.
Examples of these include consultation businesses, freelancing, and online selling. Some are odd jobs, but many can help you get extra cash in your time of need.
The best part about cash side hustles is their potential to earn you passive income!
Cash side hustles are better than regular jobs because they offer flexibility and independence.
In short, you get full control of how you want to run your business.
You can start a cash side hustle even if you’re still in school or if you want to make a profit from your hobbies. They don’t take much time but have the potential to earn you a steady income.
According to Bankrate, Americans with side hustles make over $810 per month on average!
Here’s a glance at some of the best side hustles for earning extra cash.
According to Business Insider, the best cash side hustle is user-generated content. This is when you create photos and videos for brands.
Of course, any side hustle is good as long as it’s practical, flexible, affordable, and profitable.
It should be a job you’re passionate about, and it should earn you passive income.
Entrepreneur says the best way to make quick side hustle money is by selling on Facebook Marketplace.
Dropshipping or affiliate marketing are also great options to gain extra money.
You may look around your house and sell items of value and start a business by flipping your belongings!
Here are our top ten cash side hustles of 2024!
Taking online surveys is one of the easiest ways to make side hustle money.
This is because it’s hassle-free, and you can get immediate payouts.
To do it, all you have to do is answer online surveys during your spare time.
Each survey can take a few minutes to complete, and you receive a few cents in return.
There are no costs to get started with taking surveys. You can start after signing up, and you get to earn $150 to $300 of extra cash per month!
Because of this, taking surveys is a favorite side hustle among stay-at-home moms and students alike.
Before you begin taking surveys, ensure you go to a legitimate website. Beware of scammers that’ll take your personal information!
Branded Surveys, Survey Junkie, InboxDollars, and Swagbucks are some of our top websites for this side hustle.
Do you have gift cards that you’re not keen on using? It’s time to turn those unwanted gift cards into extra money!
Selling gift cards is a lucrative side hustle because it allows you to get cash rapidly.
Today, many shoppers look for gift cards before making a purchase. You can sell on dedicated sites and earn cash to buy products you love!
Depending on which site you choose, you may have to pay a commission fee for each gift card you sell.
Most platforms take 10% up to 30% off the selling price of your gift card.
On top of this, you must look out for fraudulent buyers who might take your card without paying!
Some of the best websites for selling gift cards are Gift Card Granny and Card Cash. These platforms protect your personal information and take low commissions.
Meanwhile, Raise is a user-friendly website for selling gift cards, and Coinstar offers the most convenience!
If you don’t mind getting into the service industry, mowing lawns may be the best cash side hustle.
It’s a straightforward gig. All you have to do is look for a potential customer near your neighborhood.
You don’t need special training, and you can earn $500 to $2,500 per month!
Do note that you must be physically fit to mow lawns and remove all the clippings from the property.
Demand may lower during the cold months.
You may need $300 to $1,000 of capital to start mowing lawns. This covers the cost of lawnmowers, clippers, and garbage bags.
Also, you should have extra space in your home to store your lawn-mowing tools.
You can find lawn mowing gigs on the Facebook marketplace! For this cash side hustle, it’s best you target your neighborhood through Facebook ads.
The closer you are to your customers, the less trouble you go through to get to their lawns!
Selling photographs on stock photography websites is a fun side hustle idea.
You get flexible hours, and at times you can travel to places with beautiful scenery!
Through this side gig, you may earn a passive income from your art and skill.
Depending on the quality, each stock photo is worth $20 to $500. Plus, you can charge more for commission work.
The startup costs for selling photos can get costly. You may spend $300 to $3,000 for a camera and photo editing programs.
In some cases, there’s a need for you to attend photography classes.
What’s more, competition is tough, and your income can fluctuate depending on the algorithm.
Still, selling photos is a profitable way to earn extra money!
Shutterstock and Getty Images are two of the most popular websites for selling photos.
Getty Images lets you keep the copyrights to photos you submit. You also receive up to 15% royalties on your images.
Meanwhile, in Shutterstock, you get 15% to 40% of the profits every time someone downloads your photos!
According to Fortune, freelance writers have one of the highest-paying side gigs.
It’s a perfect side hustle for introverts since you can do everything from home.
In freelance writing, you spend a couple of hours per day to create your piece, and you earn $1,500 to $3,000 per month!
It doesn’t cost much money to start freelance writing. In most cases, $50 to $200 is enough to get started.
If you have a laptop, you only need to account for the costs of having an internet connection and getting editing software.
You may also have to spend money to advertise your output on Facebook ads.
Note that it takes at least a month to write a book, so consider your time investment.
Kindle Direct Publishing is the best platform for freelance writers. It lets you post your work. When someone buys it, they’ll print the book on demand.
This means you earn a steady passive income as a writer.
If you have a talent for selling on online marketplaces, here are two freelance gigs for you.
An affiliate marketer is someone who promotes products from other companies.
Whenever a customer buys using their affiliate links, they get commissions.
Meanwhile, in a dropshipping business, you’re a business owner selling products from other brands.
Both can earn you up to $10,000 of passive income per month!
Affiliate marketing and drop shipping are low-cost since you don’t have to spend on the stocks.
You may spend $100 to $2,500 for creating your website or on advertising.
It takes time and effort to build a following that’ll buy the products you recommend.
Once you succeed, you can earn a passive income by posting links on videos or blogs!
Amazon and eBay are the most popular sites for affiliate marketers.
These platforms are also ideal for those with a dropshipping business.
Still, you may want to invest in SEO tools that’ll help you outrank your competitors, as these websites get crowded!
Being an independent contractor or a handyman is on our list of the best under-the-table jobs.
This is because you can cater to your neighbors, and it’s a profitable side hustle.
Handyman work is a job for people who love to fix objects or do heavy lifting.
In exchange, you can receive a small cash payment for a few hours of effort. You’ll earn $1,000 to $3,000 per month!
You may need some extra money if you’ll offer handyman services.
Materials and tools may cost you $500 to $1,000. These include screwdrivers, wrenches, drills, and safety gear.
If you want to receive formal training, expect to pay thousands more.
You can find handyman jobs at websites like ThumbTack or TaskRabbit. It’s also a good idea to use your community bulletin boards and neighborhood newsletters to find clients.
Facebook Marketplace may help you reach out to people in your area, but it may take some effort.
Freelance graphic design is when you create visual content for customers.
It’s the perfect business idea for those who want to use their creativity to earn a side hustle income!
In this line of work, you can work on projects that inspire you. It may be web, logo, or packaging design.
Depending on your following, you may earn $3,000 to $10,000 per month by creating custom art!
When you’re creating custom designs, you’ll need a few programs, such as Adobe Suite, Photoshop, or Canva. You may need to buy a laptop or drawing tablet in some cases.
These may cost anywhere from $200 to $2,000.
Fiverr and Upwork are two of the best websites where freelance graphic designers can find work!
On these platforms, you can search for projects and apply to ones that interest you.
A few are long-term jobs, while others are one-time gigs. You can control how much time to commit to the side hustle.
Driving for Uber and Lyft is one of the fastest ways to make extra money. All you need is a valid driver’s license, a car, and spare time.
Rideshare drivers give rides to people through apps and receive a decent fare.
According to Salary.com, Uber drivers earn $32,002 and $46,902 per year.
The best part about this job is the flexibility since you can control when you go on the road!
Entrepreneur says becoming a rideshare driver can cost you $10,000 to $50,000 in startup costs.
This high amount is because you may need to buy a car that meets standards.
Yet, if you already have a vehicle, it’s an affordable way to earn extra money!
Four of the best rideshare companies in 2024 are Uber, Lyft, Via, and Juno. These apps can connect you with riders in a few minutes.
They’re reliable and provide clear pricing details!
Voice acting isn’t merely for those who want to star in animated films.
It’s also for people who want to create audiobooks or podcasts. There’s a wide range of topics you can cover.
This is a profitable side hustle as you can make up to $100 per hour by reading books aloud.
Because of the high pay, even a college student can do voice acting as a part-time job!
You don’t need any capital to start in voice acting, but you must invest time into practicing.
Practicing for the role gives you a higher chance of getting accepted to the gig.
You can find voice-acting gigs on freelance websites like Upwork and Fiverr.
Some offer jobs to voiceover artists to record YouTube audio files. Others need them for projects in different languages!
How can you start a cash side hustle? These are five useful tips you may want to know about!
Before starting, you should figure out whether you can afford your side hustle.
If you lack funds, look at where you can cut back to get extra cash. There may be unnecessary purchases or services that you don’t need.
Also, consider whether you can use your property as an office or storage space for your business.
Everyone has a side hustle they can excel at. To figure out what it is, think about jobs that only you can do.
What is your work style, and what are your interests? Your side hustle should be unique to your skills. The more unique it is, the better!
Like all jobs, side hustles take time and effort. Still, some gigs are less time-consuming than others.
You should think about how much you’re willing to commit to your cash side hustle. Go for a part-time job that fits your busy schedule in the long run!
A business plan can save you from the obvious pitfalls of starting a side hustle!
Come up with a summary of your goals and identify your target market. You should also figure out the best location for your business and look at any competition you may have.
When you have an online side hustle, you’re at the mercy of the algorithm.
There are times when you’re at the top of searches. Yet, changes in your platform can put you at the bottom the next month.
To prevent this, you should learn about SEO and optimizations!
These are some frequently asked questions on cash side hustles.
Yes! According to USA Today, you’re responsible for paying taxes on side hustle earnings. This is applicable even if you only earn a few hundred dollars on the gig.
The IRS says you should file tax returns on side hustles with a net income of $400 or more. However, if it’s a hobby, you get exemptions.
Yes, depending on the type of side hustle, you can get paid daily. For instance, if you do affiliate marketing, you can earn a passive income.
This is because you get paid each time someone clicks on your link and buys the product!
To sum it up, cash side hustles give you passive income and improve your financial situation.
Taking surveys is the best overall side gig in 2023 because of its simplicity. Selling gift cards is the runner-up since you can earn quick money!
We hope you got some ideas from this post, and if you want to search for more profitable jobs you can check out our list of side hustles.
Do you want to learn about other ways to make side hustle money? Here are a few articles on side hustles for further reading!