15 Side Hustle Ideas To Make You Extra Money in 2021

15 Side Hustle Ideas To Make You Extra Money in 2021

With today’s economy, having one source of income is scarcely enough to feed the whole family. Even if its sufficient, you might need an extra source of income as a supplement for other added expenses that you might want. For example, your main income might be enough for your monthly bills and expenses, but not enough if you’re a wanderlust traveller who loves travelling the world. Side hustles are a great way to give you extra income so that you can live more comfortably or do all the things that you love. For some people, side hustles are a must as their main income might not be sufficient. Today we will uncover a list of side hustles that you might be interested in, so that you can earn extra money.

Side Hustle Ideas to Make Extra Money

1. Help People with Odd Tasks

Platforms like Taskrabbit or Airtasker offers work to people for a bunch of reasons.

Advantages
  • Prices are negotiable.
  • You can select tasks that you want to do.
Disadvantages
  • Might require a lot of work.
  • Inconsistent work and cash load.

2. Local Service Provider

If you have a special skill to offer such as tutoring, caretaking etc, you can advertise it on sites like Craigslist or even Facebook. Facebook is a great way to get customers as its free advertisement. You might even find a Facebook Community with the type of niche you’re offering. For example, if you have experience as a certified math tutor, you can advertise it and find parents who are looking for a travelling tutor. You might have to negotiate and charge a little less at first. But once you’ve got a few clients and some recommendations, you can increase your price if necessary. It’s a great way to utilize your skill while making some extra income.

Advantages
  • Utilize your extra skillset while making extra income.
  • Develop your own brand locally.
  • Flexible work schedule as you set your own timings.
Disadvantages
  • You might have to get certified for some jobs, which requires some costs. You might also require some tools or transportation costs. You will have to your own feasibility study to see if its worth it.
  • Might take some time to get the ball rolling as you will need to gain the trust of a first few clients before having constant work.

3. Dropshipping – Online Businesses

The dropshipping business has boomed recently as people move away from the boring 9-5 routines to establish their own business. You can also do this as a side hustle. Many dropshippers begin this as a side hustle, and eventually quit their jobs to focus on running their business as soon as they see sustainable income.

The dropshipping business model is a simple business to run as it doesn’t require inventory, warehousing costs, etc. It also doesn’t require any large amounts of upfront costs that a physical business need. You’re essentially the middleman between supplier and customer. All you have to do is advertise your supplier’s products to get sales and facilitate the orders between supplier and customer. To start a dropshipping business, all you need is a laptop and a stable internet connection.

Nonetheless, your returns depend on how much time and money you invest. You will also learn a bunch of skills along the way as you will be working solo at the start. You can learn how to dropshipping here.

Advantages
  • No warehouse or inventory expenses. You won’t even have to physically see the stocks.
  • Minimum upfront costs. Most of the things you will need can be found for free on the internet.
  • Work from anywhere as long as you have a laptop and a stable internet connection.
  • Learn a list of skills as you go along.
  • Once you’re established, you can outsource some tasks, so you have more free time.
  • If your brand is successful, it can be converted into a long term business.
  • There are many available resources that can help you to start from scratch.
Disadvantages
  • It takes some time to learn the ropes and build your brand.
  • Requires a little more money and effort than other side hustles.
  • Most challenging of all the side hustles, so you will have to be mentally prepared to take on the challenge.

4. Online Chat Support

This is another side hustle that you can work from anywhere as long as you have a laptop and a stable internet connection. Many companies outsource their customer service to save cost and you can be doing this to earn $9 to $18 depending on your client.

Advantages
  • No upfront costs.
  • Flexible work schedule.
  • No special skill required.
Disadvantages
  • Customer service is no walk in the park, and you will have to deal with rude people as “Customer is King.”
  • Some companies might require to work at odd hours of the night depending on time zones.

5. Food Delivery (Ubereats)

The food delivery service has exploded over the years as numerous companies compete for efficient service. With this comes a whole list of job options. If you have a motorbike or just a bicycle, depending on the company’s needs, you got yourself a job.

Advantages
  • Flexible work hours.
  • No limit or target so you can work as much or as little as you like.
  • Instant payouts depending on different company policies.
  • Learn to sharpen your driving and navigation skills.
Disadvantages
  • Uber fee is taken off your salary.
  • Dealing with unreasonable customers.
  • Long waiting times at restaurants
  • Dealing with heavy traffic.
  • No tips allowed.
  • No compensation for gas money or maintenance of your vehicle.

6. Rent-a-friend

If you’re bubbly, outgoing, and love meeting new people, then this is the job for you! Companionship is very important and with hectic working hours, some people are left with no time for social events or making new friends. Hence, comes rentafriend.com. People can now hire you to accompany them to events or just hang out!

Advantages
  • Get to meet interesting people, and people from around the world.
  • Earn money while doing fun things and getting companionship. You will also be making someone happy by giving them companionship.
  • If you and your client hits it off, you can be friends for real!
Disadvantages
  • Safety is a main concern for these types of services due to stranger danger.

7. Flipping domains

You can flip anything for a profit these days. Flipping cars, furniture, or even houses are very common these days. But did you know that you can also flip domains? Although flipping domains might take some initial investment and some time to see results, its becoming increasingly popular. How it works is that you purchase a domain name, then resell it for profit. Some people are willing to pay high prices if it’s the domain name that they really want. However, this side hustle method requires some research skills and also some risks. You will also need to consider factors such as domain name, extension, age, and authority.

Advantages
  • Very low amount of skill required so a lot of people can start.
  • You can definately make decent amount of money
  • Very low amount of work required to put in.
Disadvantages
  • You will need some time to do your research before purchasing a domain. You might also have to sit on a domain for quite some time before someone would be interested to buy it.
  • Because it takes such a long time to see results, most people get discouraged along the way.
  • There are certain risks involved in domain flipping such as not knowing if the domain comes with bad back links or violates certain trademarks. It all comes down to trial and error and you will get the hang of it eventually and develop a strategy.
  • You will need to fork out some initial money to buy a domain, set up an email marketing tool or auto responder to promote your domain.
  • There’s plenty of room for mistakes with Domain Flipping especially if you have no experience. You might buy the wrong domain, or too many domains at a time and sell them at a cheaper rate than you deserve, and much more.

8. Pet Sitting

If you’ve always wanted to have a pet but couldn’t due to allergic housemates or strict parents, here’s your chance! Get paid to have one on one time with other people’s pets. You get to take care of other people’s pets while they’re on holiday.

Advantages
  • Flexible time as you can discuss it with your client.
  • You get a have a pet (occasionally) without the costs of taking care of your own, while earning income!
  • The pet gets to be at home and not in a kennel that might have diseases lurking.
Disadvantages
  • Since you will be going to someone’s home, make sure you or the company you’re working for does some background check beforehand.

9. Renting Your Car

Do you have an extra set of wheels at home that nobody uses? Why not let someone else use it and pay you! That way, you can also create some free space in your garage to put something else. Maybe a grill that you bought with your new side hustle? Turo is a great peer to peer service that you can use to list your car. You also set the amount to rent your car depending on its condition and duration of the rental. You will also have to ensure that it is kept clean and well maintained.

Advantages
  • Some services such as Turo provides insurance.
  • You get to choose the people you decide to rent your car to.
  • Make extra money with something that you weren’t using in the first place.
Disadvantages
  • Other people are driving your car and might not have the same TLC as you towards it.
  • There will be maintenance costs to repair and clean the car after each rental.

10. Flipping items on eBay

Like we previously explored on flipping domains, you can flip anything these days and make some money. Flipping items on eBay is a popular method for a side hustle. There are so many places that you can find items for cheap, flip them and list them on eBay. You can visit thrift stores, garage sales, or even Facebook marketplace for cheap items that you can find locally. You can also find a bunch of videos on YouTube on how to flip items. Not only will you learn some DIY skills, you will also learn how to calculate profit margins as you will need to calculate expenses etc. to ensure you’re making a profit. You can even start by looking around your house or storage unit for anything you haven’t used in awhile and flip it for money instead of having it lie around and take up space. Flipping items on eBay has been a side hustle that many people have counted on so you can be sure its safe.

Advantages
  • Easy to sign up. You can do it today and start selling items around your house.
  • Develop some business skills as you learn to calculate your expenses.
  • Lower fees.
  • If you’re an introvert then you’ll love this job as there is minimal contact with other people.
  • Learn new DIY skills.
  • Make some room by getting rid of items you don’t use at home.
Disadvantages
  • Each sale can take quite awhile from sourcing for items to flip, to flipping them, and waiting for someone to buy it on eBay.
  • You will need some time to learn and pick up some skills initially.
  • Dealing with people can be troublesome sometimes. There also might be scammers who receive your item and make false claims and receive a refund from PayPal.

11. Amazon Flex

Work with Amazon Flex as a delivery partner and make between $18 and $25 at your own flexibility. Its super simple to get started. All you need is a vehicle, and a smartphone so that you can install the Amazon Flex App.

Advantages
  • Work at your own flexibility
  • No startup costs
  • Learn to navigate around the area.
Disadvantages
  • You’ll have to bear maintenance costs for your vehicle.
  • You will be held accountable for the packages when you’re handling them.
  • Dealing with customers means that you might meet unreasonable or unruly customers that can claim that you’ve ruined their packages, etc.
  • You might have to deal with harsh weather conditions when on the road.

12. Charging Scooters

eScooters are the in thing nowadays. They’re so easy to use and very convenient especially in cities with busy streets and heavy traffic. They’re usually also super cheap and not to mention, lots of fun. Depending on where you live, this could be a side hustle option for you. Bird and Lime are currently the two most popular brands and Bird pays you based on when the scooter was last charged, and when it becomes usable again. You can earn between $3 to $30 per scooter with Bird, which is a lot! Lime will pay $5 per scooter which is also quite a lot considering the job load. If you live in a busy city then you’ll have a high chance of earning more. You can just collect them on your way home from work and charge them overnight and drop them off again on your way to work. All you need is a smartphone to install the app as it shows you available scooters in the area.

Advantages
  • Very flexible. Work as much as you like or as little as you like.
  • You won’t need to buy a special charger for the scooters as they can be interchangeable with laptop chargers.
  • Minimal costs as charging the scooters won’t make much a dent in your electricity bills.
  • Eco friendly scooters.
Disadvantages
  • Might cause wear and tear to your car to transport the scooters.
  • People might hoard and charge the scooters to make maximum profit.

13. Private Parking Space – Kerb

If you live in certain areas with minimum parking options and you have ample space on your lawn, then this is the side hustle for you. It’s super simple as you won’t have to do much! You’re basically charging people to park on your free space. This works if you live near airports, concert venues, etc as these places usually charge high parking fees. Some people might also want to leave their cars long term as they travel abroad etc. You can also do it through several rental agencies.

Advantages
  • No initial costs.
  • Make money for little effort.
  • Minimal intrusion. You can even arrange for the tenant to park his car when you’re not around.
  • You can set the cost of rental.
Disadvantages
  • Might have insurance or mortgage complications.
  • You might live in a low demand area or dangerous area that could be risky for tenants to park their cars.
  • Your lawn might not be suitable for parking.

14. Freelance

There are so many freelance platforms online such as Peopleperhour, Freelancer, etc. You just sign up and all you need is your laptop and a stable internet connection to complete your tasks. These sites are also mostly secured as everything is done via the platforms. If you love writing, coding, building websites, etc. then this is the job for you.

Advantages
  • Work from the comfort of your own home.
  • Do what you love while getting paid.
  • Variety of freelance opportunities available online.
Disadvantages
  • You need a find new work each time you complete one.
  • You can only work one at a time.
  • Clients might be unreasonable or not understanding.

15. Rent your place on Airbnb

Rent out your spare room or property to get extra income on Airbnb.

Advantages
  • Flexible and you get to choose who stays in your space.
  • Renting on Airbnb can earn you big bucks.
Disadvantages
  • You might not get tenants all the time.
  • If you’re renting out a room where you also live in, you won’t have privacy.
  • High initial costs as you will need to set up the space to make it nice and cosy.

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