We could all use a little extra income every now and then. One way to potentially give yourself a boost financially is to pick up a side hustle. Due to these rising in popularity in recent times especially, we are going to go over side hustles, specifically in the gig economy. We will explain what the gig economy is, the benefits of a side hustle, as well as some examples of side hustles in the gig economy you could pick up.
What is a Side Hustle
A side hustle is an alternative form of making money outside of one’s full-time employment. Side hustles can include anything from gig work, starting a business, pursuing creative endeavors and more. To find out more about side hustles and how you can take advantage visit ProfitDuel. In this article, however, we are going to take a closer look at side hustles in the gig economy.
What is the Gig Economy
The gig economy is a term which describes various side hustles that are done on a contract basis rather than being hired by a company. This can include temporary freelance roles and independent contractor roles.
Gig Economy Side Hustles
In this section, we are going to take a look at some gig economy side hustle options for you in your venture for a side hustle of your own.
House Sitting
Some people like to have someone stay in their homes when they go on extended trips. This can make the house look occupied and ensure the plants and animals are looked after if they have any. It’s possible to make money and have a free place to stay if you’re willing to live in someone’s home for a few days, weeks or potentially months.
Freelancing
There are various freelance career options, including web design, writing, software development, coding, graphic design, and social media management. If you have talents in any of these content creation and development areas, then why not try picking up one of these side hustles for yourself?
Lawn Care
This has been a simple but effective side hustle for generations. Lawn care revolves around being paid for mowing an individual’s lawn and overall yard work to ensure their outdoor space looks good. You could also offer snow removal in the winter months if this is something that heavily hits your area.
Tutoring
If you have extensive knowledge of a particular subject or skill, then you can use this and tutor people. For example, if you have extensive knowledge in a particular academic subject, you can teach students to help them pass upcoming tests. If you are particularly good at a particular skill, you could also give lessons to those looking to learn the same skill.
Wellness Services
With a bit of training – and proper certification, you could offer wellness services such as manicures, massaging, hairstyling or personal training. This seems to be a sector that consistently has demand, therefore, if you can offer the supply, it could be a good side hustle option.
Sell Handmade Products
If you are talented at sewing, woodworking, crochet, or some other craft, you could sell products online. There are many websites, such as Etsy, Shopify and more, which allow you to set up digital stores and sell your goods to a wide array of people.
Benefits of Side Hustles
There are many benefits to having side hustles, which we will look at in closer detail next:
Supplemental Income
A side hustle can provide extra income, which is a benefit on its own. These are often additional streams on the side of primary salaries from jobs, diversifying your income as a whole. Relying solely on one income source could be risky and by adding taking on a side hustle, it allows you some additional financial security should any unexpected events occur.
Skill Development
Side hustles often require you to acquire new skills or hone existing ones. Whether it’s learning a new programming language, improving your writing, or mastering a craft, these skills can enhance your resume and make you more marketable in your primary career. By identifying any pre-existing strong suits you may already have, this could allow you to refine these and apply them for side hustles.
Pursuing Passions
Side hustles can be an opportunity to follow your passions and interests. You can turn hobbies or personal interests into income-generating activities, making work more enjoyable and fulfilling. For example, you could start a YouTube channel, perform live music and so on. Although these side hustles may not be as profitable, they are much more enjoyable and fulfilling which is a key thing that should be considered.
Flexibility
Many side hustles offer flexible work arrangements, allowing you to choose when and where you work. This flexibility can be particularly beneficial if you have other commitments, such as a full-time job or family responsibilities.
Transition Opportunities
Some people use side hustles as a stepping stone to transition into a new career or pursue a different path. It can be a way to test the waters before making a major career change. It also allows you to potentially work up to a livable wage without quitting your full-time employment and subsequently receiving a major pay decrease.
Summary
The gig economy has revolutionized the way people work, offering opportunities for individuals to supplement their income through side hustles. We hope this article has explored the dynamic world of side gigs, highlighting the benefits of them as well as some gig economy side hustle options available to you today. All the information we have presented could be used to start a side hustle of your own.
