Side hustles are jobs or hobbies that offer you the opportunity to make extra cash. Earning extra cash is excellent for your financial situation, no matter what it might be. The best side hustles are those that offer the flexibility of time, location, and ability to put your skills to work while bringing you good returns over time.

Here are the ten best side hustle jobs that can assist you with financial freedom.

Virtual assistant

A virtual assistant Is an assistant who performs administrative assistant duties from a remote location. These duties include administration, record keeping, and social media.

Being a virtual assistant is amongst the profitable and in-demand best side hustles in present times. It has a low barrier to entry and can be done from anywhere in the world as long as you have your laptop with you. As more people go into digital businesses, the demand for a virtual assistant who can help them run those businesses will increase. Skills such as being good with numbers, effective communicational skills, etc., would assist you in securing well-paying virtual assistant jobs. You need to brush up your skills and CV and set a strategy on how to apply for virtual assistant jobs from online jobs websites like Upwork, or you could start on your own as an independent contractor, although this could be harder at first. A virtual assistant can earn minimum wage or about $35 depending on skills and work experience.

Blogging

Blogging is one of the most profitable and best side hustles to do from a remote location. Blogging allows you to build a personal brand while making money from it. It enables you to write about things you are passionate about and connects you with other people interested in the same ideas as you. In popular niches like beauty, books, and literature, a yoga business allows you to connect with a large audience and make money. You can make money from blogging by adding affiliate links to your posts, advertising, or adding links to an online store where you sell other products. Successful bloggers make up to $10,000 per month from blogging.

Proofreading or copy editing

Writers and bloggers are all people or businesses in demand of a proofreader. Proofreading is also one of the jobs that you can do from anywhere in the world. Copy editors can also set their rates and bill per hour. Proofreading or copy editing has a high investment rate once you have the appropriate skills to put in the work.

In addition to being a proof r4eader, you could also build a business model where you get more clients and hire more people to write for you. This frees up your time, enables you to get more jobs, and makes you more money.

Transcribing

Transcribing audio or video files is one of the best side hustles. Businesses outsource transcription jobs because they need a great deal of attention to detail which can be daunting. To earn decently from transcribing depends on your skills, such as typing fast, being detail-oriented, etc. It also highly depends on how much your client is willing to pay. Editing a transcript for a court reporter, called scoping, involves turning shorthand from court reports into clear writing. You could earn up to $20-$30 per hour from scoping. Medical transcribing Is also an option, but it requires you to have an approved certificate by the association for healthcare documentation. The potential to earn more here is certain.

You can find transcription jobs on websites like “transcribe me,” which offers rates of $5-$22 depending on how fast you are. Another website, transcribe anywhere, is a platform to get transcription jobs and even learn how to do it. More options include a speech pad, Go transcript, etc.

Dropshipping and wholesale business

Dropshipping is one of the best side hustle jobs to get into. This business model allows you to sell your product directly to customers without buying an inventory. This means you don’t need a big amount of money to start. The manufacturer is in charge of carrying the inventory and also shipping directly to the customers. Your main focus would be marketing and customer satisfaction. With drop shipping, you can manage your business yourself and focus on any niche that interests you. It could be beauty products, kitchen utensils, etc. You can manage your business as you see fit, get creative with it and make money. all these make it a great side hustle to try out.

Starting an online store wholesale business is a great idea for a side hustle like drop shipping. This business model allows people who prefer to be more hands-on to purchase goods in bulk at a lower price and sell them at a higher price to the retailer. Since you are more hands-on, you can monitor the quality of your goods closely. In addition, you are in charge of the packaging and shipping and thus have the opportunity to satisfy your customers effectively. Although starting a wholesale business requires you to have quite a sum of upfront cash, unlike drop shipping, the business model allows you to buy products using net terms – this allows you to sell weeks or months before you pay for your products.

Freelancing

Freelancing gigs are excellent side hustles ideas. These could be gigs that you create on fiver or Upwork. Platforms like fiver or Upwork make it easier for you to find various jobs and get paid for them. Freelancing can make you a lot of money ranging from $50 to $2,000 a month, depending on your skills and choice of gigs you take on. It also offers flexibility as you can set your hours and rates. Freelance writers can write for websites, get gigs on an online marketplace and earn between $200-$300 for each write-up, depending on who you are writing for and how much your client is willing to pay. A great way for freelance writers to make good money is to write for consulting firms and law firms that put out” thought leadership” reports. If you are good at writing academic papers, you would be good at this too. You could get gigs on Craigslist or through networking at local corporate events.

As a freelancer, you should charge your client based on the value you offer to avoid you being underpaid, which could lead to burnout.

Tutoring

Highly educated professionals in a particular field can become tutors as a side hustle. You can especially be a work from home as teacher with the availability of online teaching platforms where you can find jobs. Platforms like Chegg, where you can tutor online via a video call on a wide range of subjects and earn about 20 dollars per hour. We also have a study pool that focuses on helping students with homework for a price. Studypool claims you could earn up to 7500 dollars on their website depending on skills and time devoted to work.

Podcast

The idea of a podcast as a side hustle is exhilarating, especially for people who have a lot of ideas they would like to share with a larger audience. But not only is it exhilarating, but it is also financially rewarding. Growing your listener base is required to witness a significant amount of money trickle in. As long as your partner enjoys it, you can get creative with your podcast, experiment, and make it what you want to be.

Podcasts have huge earning potential if they become popular and bring in substantial money. According to Bloomberg, the top podcasts bring in about $1000,000 per year in revenue.

Social media influencer

Since the advent of social media, we have seen more and more people become social media celebrities. These people make money off of the pictures they post alone. Influencing on social media requires you to grow your followership base. The more followers you have, the more money you are being paid. You can make $10 for every 1000 followers once you cross the 100,000 benchmarks. You could be an influencer on Instagram, TikTok, or YouTube, whichever you are comfortable with. You can also pick and focus on any niche you are interested in. It is important to know how social media work.

Consulting

Professionals with vast experience in a given field can make extra money from consulting as a side hustle. It can be very lucrative depending on the nature of the problem you solve and how complex it is. You set your hourly rates based on the value you offer. Marketing and business management are areas with high demand for consultants. To succeed and make money as a consultant, focus on areas that are experiencing growth and figure out how to add more value.

Conclusion

Side hustles are one of the effective ways to gain control of our financial situation- they provide us with more cash in hand. Profitable side hustles offer you great returns for your time and skills. They are easy to start but require hard work and consistency to bring you a steady, substantial income. I recommend that you start one side hustle today; don’t overthink it.