Introduction
Some of the best online side hustles have become increasingly popular in recent years, as people look for ways to supplement their income or even turn their side gig into a full-time job. With the rise of the gig economy, there are now countless opportunities to make money online, from freelance writing and graphic design to virtual tutoring and pet-sitting.
In this article, we will explore some of the best online side hustles available in 2023. Whether you are looking to earn some extra cash in your spare time or start a new career, there are plenty of options to choose from. From selling items online to starting your own dropshipping business, we will provide you with all the information you need to get started on your side hustle journey.
What is a Side Hustle?
A side hustle is a term used to describe a way of making extra money outside of a salaried day job or part-time job. It has become a new way of life for many people. An online side hustle allows individuals to work from home, eliminating the need to commute. Depending on the chosen side hustle, all that is required is a working device and a reliable internet connection. This provides individuals with complete control over their time and schedule.
Why an Online Side Hustle?
Starting an online side hustle can provide multiple benefits. First of all, it can provide an additional source of income, which can be empowering and help you achieve your financial goals. Even if your day job provides enough money for your overhead expenses, having a side hustle can give you extra money to save or invest.
Another reason to start an online side hustle is to pay off debt. With one source of income, paying off debt may be very difficult, especially if you have a family to feed and a mortgage to pay for. However, with an online side hustle, you can make extra monthly money and make tremendous headway in cutting down your debt.
Building wealth is also a great reason to start an online side hustle. If you have no debt to pay off, or you have finished paying off your debt with your side hustle and now have expendable money, you can put your money to work for you and build wealth. This can mean building an emergency fund, boosting your savings account, or expanding your financial portfolio. With a side hustle, you can reach your financial goals much quicker if you stay disciplined.
Be Creative
Finally, having an online side hustle can give you a creative outlet. Regular day jobs are tedious and can be mundane. Finding a side hustle that lets you bring out your creative side while connecting with your passions and making money from it is an overall win. Some people even create a full-time career from their side hustles, driven by their love for what they do.
In summary, starting an online side hustle can provide multiple benefits, including extra income, debt payoff, wealth building, and creative outlet. With the right idea and execution, an online side hustle can be a great way to achieve financial freedom and personal fulfillment.
Take Online Surveys
One of the easiest side hustles to start is taking online surveys. This option offers flexibility in terms of when and how long to work, making it a popular choice for many. Although it’s not the highest paying option, it can still be a good source of extra income. Survey takers can earn anywhere between £1 to £20 per survey, depending on the length and complexity of the survey. Popular survey websites to check out include Survey Junkie, InboxDollars, and Swagbucks. It’s important to note that some surveys may have specific requirements, such as age limits or demographic restrictions.
Start a Blog
Starting a blog can be an excellent creative outlet for writers of all experience levels. Although most blogs do not generate significant income when they are being built, with consistency and dedication, bloggers have the potential to make thousands of pounds per month.
By adding affiliate marketing and advertisements, blogs can become a passive income opportunity. With an attractive website and valuable content, blogs can gain a lot of traffic, recognition, and extra income, especially if the blogger creates an online business for merchandise, following in the footsteps of prominent influencers.
Various platforms, such as Wix and Squarespace, make it easy to create a website and turn a spare time hobby into a lucrative side hustle.
Social media managers are also in high demand with the rise of social media platforms and the growing industry of interactive technologies. The job of a social media manager involves connecting a target audience with an organization.
Businesses hire social media managers to expand their online presence and brand awareness, increase sales and revenue, and attract business opportunities. Social media managers create content with heavy marketing strategies to attract potential customers and clients.
This profession can be handled strictly online as a full-time job or side hustle, depending on the social needs of a business.
Proofreading
Proofreading is a highly sought-after side hustle for those with strong grammar and language skills who enjoy freelance writing. It involves carefully reviewing a piece of content to identify and correct any grammar, spelling, or punctuation errors. Unlike editing, which focuses on other text elements, proofreading is a lighter task that is usually performed after editing.
With the increasing demand for quality content on websites, blogs, and social media, businesses are turning to freelance writers and proofreaders to ensure their online presence is up to par. Platforms like Upwork and Fiverr offer excellent opportunities for freelancers to find proofreading gigs and earn good money.
The best way to approach proofreading is to act as a second pair of eyes on a piece of content. Even though many websites offer automated proofreading tools, a human touch is still necessary to guarantee the quality of the content.
Start an e-commerce store
The e-commerce industry has been growing rapidly, and starting an e-commerce store can be a great side hustle. E-commerce stores offer many benefits, such as drop shipping, easy-to-use interfaces, digital payment acceptance, no retail storefronts, and 24/7 product availability. Platforms like Shopify, Amazon, Etsy, eBay, and WordPress provide online storefronts and educate entrepreneurs on how to open and manage their e-commerce stores, process transactions, build their brand, and more. Entrepreneurs can choose a platform that suits their niche market and start their e-commerce store with ease.
Become a Virtual Assistant
A virtual assistant is a remote worker who provides administrative, creative, or technical assistance to clients from a home office. Services provided by virtual assistants include scheduling appointments, making phone calls, responding to emails, coordinating travel arrangements, data entry, bookkeeping, social media management, and more. If you have good communication skills, customer service experience, and extra time to help new or busy business owners, becoming a virtual assistant can be an easy way to make extra money from home.
Create an Online Course
Creating an online course can be a lucrative way to earn extra money or even passive income. Online learning platforms such as Udemy, Coursera, and Teachable offer opportunities to teach a wide range of skills to a global audience. These platforms provide a sense of security to customers and also offer promotional opportunities to instructors.
Alternatively, instructors can choose to sell their courses independently through social media platforms. This allows them to sell their courses directly to their followers and potentially earn passive income by selling the course multiple times.
When creating an online course, it’s important to have a clear understanding of the subject matter and to structure the course in a way that is easy to follow. Instructors should also consider offering certification at the end of the course to increase its value. With the right approach, creating an online course can be a rewarding experience both financially and personally.
Online Tutoring and Teaching English
The pandemic provided opportunities for educators to earn money through online tutoring and teaching English. With students unable to attend in-person classes, licensed professionals were able to provide virtual assistance. One advantage of this side hustle is that it can be done by individuals from all over the world, in different time zones, enabling them to earn money at any time of day. Online tutoring is also an option for those with niche expertise who can help others practice English.
Also Noteworthy: Offline / In-person Side Hustles
Become an Instacart Shopper
One of the most popular meta-apps for grocery delivery, Instacart, offers an opportunity to earn a decent income by becoming an in-store shopper. This side hustle is flexible, easy, and can be pretty fun, with shoppers earning upwards of £50-£75 / hour by shopping and delivering groceries to customers’ homes. Instacart’s popularity continues to grow, making it a reliable source of income for those looking to make some extra cash offline.
The Bottom Line
Starting an online side hustle is a great way to earn extra income and expand your skillset. With so many opportunities available, it’s easy to find a niche that suits your interests and expertise. Whether it’s selling items online, freelance writing, or starting a blog, there are plenty of ways to make money from the comfort of your own home.
Frequently Asked Questions
What are some top online side hustles for making extra money?
There are many online side hustles that can help you earn extra money. Some of the top online side hustles include freelancing, online tutoring, virtual bookkeeping, and selling products online. Freelancing involves offering your services to clients online, such as writing, graphic design, or coding. Online tutoring is a great option if you have expertise in a particular subject. Virtual bookkeeping involves managing financial records for businesses remotely. Selling products online can be done through platforms like Etsy or Amazon.
What are the best paying online side hustles?
The best paying online side hustles are those that require specialised skills and expertise. Some of the highest paying online side hustles include software development, digital marketing, and consulting. These side hustles can pay anywhere from £50 to £200 per hour, depending on your level of expertise and experience.
What are some passive income side hustles that can be done from home?
Passive income side hustles are those that require little to no effort once you have set them up. Some examples of passive income side hustles that can be done from home include affiliate marketing, creating and selling digital products like e-books or courses, and renting out your property on Airbnb. These side hustles require some initial effort to set up, but once they are up and running, they can generate income without much additional effort.
What are some side hustles that require no experience?
There are many side hustles that require little to no experience. Some examples include pet-sitting, dog-walking, house-sitting, and babysitting. These side hustles typically involve providing services to individuals in your local area and do not require any specialised skills or experience.
How can I make £2000 per month through a side hustle?
Making £2000 per month through a side hustle requires dedication and effort. Some of the best ways to make £2000 per month through a side hustle include freelancing, teaching online, selling products online, and providing consulting services. To make this amount of money, you will need to be proactive and work hard to find clients or customers.
What are the best work from home side hustles for earning extra income?
The best work from home side hustles for earning extra income include freelancing, virtual bookkeeping, online tutoring, and selling products online. These side hustles can be done from the comfort of your own home and offer flexibility in terms of working hours. They also have the potential to generate a significant amount of income if you are willing to put in the effort.