Side hustles are something that everybody should consider if they want to earn extra cash. You could use this money to put towards a house deposit, a new car or just some extra clothes for your wardrobe.
Side hustles are very common now as they are easy to do. Modern technology and the internet make earning extra cash even simpler. If you are someone who wants to earn more money each month, you must consider a side hustle and are so many things to do for all different skill sets. Let’s look at six of the highest-paying side hustles in 2024.
Content Writer
Content writers are very much in demand due to everyone needing a website that owns a business. Content is essential for describing products and services. Content writers can also rekindle news stories for other news/ blog sites.
One of the best parts about being a content writer is that there is no set time you need to do this during the day. You can write content whenever you have the time which is why it is so good.
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Content writers also receive good pay, averaging £10 an hour. Plus, there are many websites which require regular content writers. If you wish to increase your monthly income and are capable of writing long and short-form content, this is the perfect job for you.
House Sitting
House sitters are something else that people want, especially when they are leaving their homes for a long period of time. The reason why people want their house sitting is because they have a pet that needs looking after so if you are good with pets, this could be the perfect side hustle for you.
Again, house sitters can earn good money. Earning up to £50 a night and if it is for a long-period of time, it can be even more. Sometimes, the house owner will have food in their home for you so you don’t need to spend money on food bills. In fact, some people who house sit so they don’t need to pay for their own food bill at the weekend.
There are many different websites which you can use to find people who need their house sitting. The most common are Mind My House or Trusted House Sitters. Additionally, you could try local Facebook groups and offer your service to people.
Completing Surveys
Another side hustle is survey completion and this earns less than the others for the time it takes, it can make great money. There isn’t much skill required to fill out a survey. You just need to make sure you answer the questions so it provides useful information for the company.
As mentioned above, filling out surveys doesn’t take up much time for the money you earn. It can take anywhere between 15 minutes to half an hour, depending on the survey. Usually, companies will ask people to fill out surveys to improve their operations.
You can make around £3-£5 per survey, helping you earn around £12-£15 an hour. Again, this is a great bit of extra cash and doesn’t require any qualifications or experience.
Airbnb Hosting
AirBnB hosting is another great option to earn additional money. If you have an outhouse, this is the perfect place for AirBnB hosting, especially if you are in a good location for tourism or near a city centre.
The average person who rents out a room usually earns around £8,100 per year when they rent out their room. In some cases, people will consider this a full-time job, especially those who have retired.
If you do have a spare room that is not in use, there is no reason why you shouldn’t consider this side hustle. It can make you a lot of money. All you need to do is research your area to see what the average price is for renting out a room on Airbnb.
Be A Virtual Assistant
Up next is another on-trend side hustle which is a virtual assistant. Virtual assistants are essentially the same job as an assistant. It means you will manage emails, create schedules, provide customer service and complete other day-to-day tasks.
A virtual assistant is a great job because you can do everything on your computer. Another positive to this side hustle is you can do it outside of work hours and it pays well. The average virtual assistant is expected to make £14.77. If you have spare time, roughly 5 hours a week, this will be a great side hustle for you.
Investing
Investing is another method for earning extra income, especially if you understand business figures, earning reports and candlesticks. It doesn’t take that long to learn one of those either, especially with the number of online courses which are free to teach you about active trading methods.
Learning how to invest can be a great side income when investing in stocks that offer dividends. However, one of the main reasons people don’t invest is because they think they need a lot of money to invest but that isn’t the case. You can start low and then gradually increase it.
When investing, you always have to be cautious of online trading scams. You should always invest with a regulated stock broker instead of investing with random people who reach out to you via social media.
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- Side Hustles – How to Weigh Up Their Profitability Short & Long Term
- 6 Simple Ways to Earn Extra Money from Home
Author bio
Amy Jones is a freelance writer from Manchester and has written for many different business publications. With a range of knowledge in the business and investing sector, she is an avid researcher and writer in the field. Having worked closely with a number of different businesses, Amy is now looking to specialize in workplace health and disputes and is currently researching and working closely with different health brands for this.
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