💰 Side Hustles to Make Money Fast

🔍 Deep Dive: Side Hustles On a Spectrum

Most side hustles that generate a significant amount of money take time to build. And most you can start earning from today…don’t.

Think about side hustles like this:

If you need quick cash, a low-effort, low time commitment side hustle makes sense. But if you want to earn a decent amount of money, it’s worth building something that’ll make you more.

Low Effort, Quick Start (<$500/month)

These options need minimal setup time and can generate income within days or weeks. That said, they typically don’t earn you much.

Delivery and Gig Work

• Examples: DoorDash, Uber Eats, Instacart, Amazon Flex

• Setup Time: Hours to days

• Income Potential: $15-$25/hour

• Cons: Vehicle wear, gas costs, inconsistent hours can make it an unreliable source of income

• Best For: Immediate income, scheduling around main job

Here’s some advice for making more on DoorDash.

Selling Unused Items

• Examples: Facebook Marketplace, OfferUp, Poshmark or Curtsy for clothing

• Setup Time: Immediate

• Income Potential: $100-$500 one time, depending on what you own

• Cons: Limited to what you already own, can take time to sell things

• Best For: Decluttering while making some cash, one-time income boost

Here’s how to write your listing descriptions to make more.

Pet Sitting

• Examples: Rover, Wag!

• Setup Time: Hours to days

• Income Potential: $17/hour for walking, $35-$75/night for overnight boarding

• Cons: Can take a bit to get your first client, platform takes commissions

• Best For: Pet lovers who want a flexible side hustle

Here are some tips for getting started on Rover.

Moderate Effort, Skill Building (<$1,000/month)

You’ll need some skill and a decent amount of consistent effort to make money off these side hustles.

Content Creation

• Examples: YouTube channels, TikTok Shop

• Setup Time: 3-6 months to build an audience

• Income Potential: $500-$2,000/month once established

• Cons: Requires a smartphone with a good camera, consistent effort, and a desire to improve your content until it performs

• Best For: People comfortable on camera who can commit to regular content creation

Here’s a tutorial for making money on TikTok Shop.

Etsy Templates or Designs

• Examples: Print-on-demand t-shirts, digital posters, downloadable art

• Setup Time: 1-2 months to build a store, 3-6 months to earn more

• Income Potential: $2,000/month, depending on the product you sell

• Cons: Requires an eye for design and knowledge of or the desire to learn SEO

• Best For: Creative people who are open to learning SEO to make their shop searchable

Here’s a business owner making a full-time income from Etsy.

High Effort, High Skill ($5,000+/month)

These side hustles take a while to get up and running. But if you’re willing to put in the work, they can make you quite a bit of money.

Freelance Professional Services

• Examples: Graphic design, copywriting, consulting, web development

• Setup Time: 3-6 months to build a portfolio and client base

• Income Potential: $30-$150/hour based on expertise and clients

• Cons: Income can come and go quickly, you’ll need to keep hustling for clients, and you’ll have to handle all the business aspects (taxes, client management, etc.)

• Best For: People who already have a skill they can offer clients and are willing to run a small business

Here’s a beginner’s guide to freelancing.

Course Creation and Digital Products

• Examples: Online courses, e-books, membership communities

• Setup Time: 6-12 months to create, launch, and market

• Income Potential: $1,000-$10,000/month

• Cons: Most digital products take significant expertise, marketing skills, and persistence.

• Best For: Experts in specific fields who can teach a topic and market a product.

Here’s a beginner’s guide to selling digital products.

Real Estate Investing

• Examples: Renting out a room in your house, house hacking a duplex, buying a property to rent out

• Setup Time: 3-6 months to find, purchase, and rent out a property

• Income Potential: $500-$10,000+/month

• Cons: Takes significant research and being a landlord

• Best For: People who are comfortable with a bit of risk and want to be a landlord

Here are 5 ways to dip your toes into real estate investing.

Put It Into Practice

Challenge a friend to see who can make more side cash this week. Use the strategies shared in this newsletter to give you a head start, and see how much you can earn by the end of the week.

💵 Budget Breakdown: Moving in with In-Laws

Sidney moved in with her in-laws to save money while her husband works and she finishes up her degree online. They hope to use the rent-free season to save money for their future home.

But she’s missing the privacy that comes with living…without your parents in close quarters. (Like being able to make a sandwich without unsolicited advice 😅)

Living with family can help save money, but is the lack of privacy worth it?

🔗 Quick Links

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