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Best Side Hustle Ideas for 2023

April 19, 2024 By Peter



Are you in need of additional money on the side, looking to increase your earnings for necessary expenses or aiming to save for a luxury item by the end of the month? In these situations and others, you may require knowledge on quickly generating income without having to wait for a conventional pay cycle.

There are fortunately numerous ways in which you can utilize your talents to quickly earn some extra money.

Online and In-Person Research Studies

There are a few online research companies that everyone should enlist in.

User Interviews is a valuable platform for engaging in remote consumer research studies. Up till now, I have earned $105 within approximately ninety minutes.

Respondent is among the top-paying online survey companies that I have come across. Typically, the surveys involve one-on-one interviews conducted in person, over the phone, or via video chat, and they offer an average hourly payment of $140.

Rare Patient Voice offers patients and caregivers $120 per hour to participate in medical research. On their website, you can find a comprehensive list of studies that mostly involve phone or webcam interviews.

If you have any type of medical condition (even if it is not extremely uncommon), it would be beneficial for you to consider this.

Residents of the United States, Canada, the United Kingdom, Italy, Spain, France, Germany, Australia, and New Zealand are invited to access the site.

Playing Online Games

Rewarded Play (Android)

The app called Rewarded Play is free, legitimate, and enjoyable. It has a 4.3-star rating in the Google Play store and has received over 170,000 reviews. Additionally, it falls under the category of apps that allow you to earn money by playing games.

Get your gift cards within 48 hours by playing casual games like Solitaire, Mahjong, Wheel of Fortune, Yahtzee, and more on the one-stop app called Rewarded Play. Select your rewards as you play.

Bingo Cash

By transforming traditional bingo into a fast-paced and skill-based challenge, the widely popular Bingo Cash app changes the nature of the game. It is worth noting that each game has a short duration of approximately 2 minutes, offering participants the opportunity to win actual rewards and cash prizes. However, it is important to mention that residents of AR, IA, LA, SC, and WA are not eligible for these prizes.

At the time of publication, the iOS App Store shows that the app has received a rating of 4.7 stars from over 97,000 reviews. Players have described it as genuine, enjoyable, and addictive.

In the same way as all gaming apps, it is advisable to practice for free initially. Afterwards, it is crucial not to risk more money than you can comfortably afford to lose.

Sell your things on eBay, Craigslist or Facebook Marketplace

If you are looking to earn money fast, one of the most effective methods is to sell the possessions you already own. Are you keeping old clothes, electronics, books, and miscellaneous items cluttering your garage?

You could consider organizing a yard sale or garage sale in order to declutter your storage space, but nowadays, thanks to the internet, you have the option to swiftly sell those items online through platforms such as eBay, Poshmark, Craigslist, Etsy, or Facebook Marketplace.

On every platform, you have the ability to create a listing for the items you wish to sell within your vicinity. If the items are of value or in a satisfactory condition, you will receive offers for them within a few days. At this point, you can choose to accept these offers or continue searching for more favorable ones.

Selling items like cars, clothes, and more through online platforms is an excellent method to dispose of your belongings.

When considering the process, it is important to bear in mind that at times you must deliver or ship the items to the purchasers. These shipping expenses can impact the total profit earned from your sales. An instance of this can be seen in the scenario where you sell an item on eBay and are obligated to pay shipping fees for its delivery to the buyer.

Rental Properties

Rental real estate has been considered one of the oldest side hustles for a long time and continues to remain a viable option even today.

If the prices in your local market are too high, consider checking out Arrived, an online marketplace designed for busy investors. With as little as $100, you can purchase shares of rental properties that generate consistent income.

Commercial Real Estate

I’ve been a Fundrise investor for years, and they consistently pay quarterly dividends within the yield range of 5-10%. This allows you to invest in a portfolio of commercial properties nationwide.

Virtual Bookkeeping

Remote bookkeepers have the potential to earn $20-70 or even more per hour for their services, making it an excellent opportunity for individuals who have accounting experience either from their educational background or their current employment.

Start an Amazon dropshipping business

A dropshipping business consists of forming partnerships with product manufacturers, wholesalers, shipping companies, or fulfillment specialists.

First, as a dropshipper, you establish a brand website in order to promote the products available for purchase. Afterward, when a product is sold, you submit the corresponding order to your fulfillment partner, who then acquires the product from the manufacturer and delivers it to the end customer.

Starting an online dropshipping business allows you to circumvent the typical requirements of infrastructure and funding necessary for a traditional retail business, making it a cost-effective and attainable means to pursue your entrepreneurial aspirations.

You have the option to begin your dropshipping business directly on Amazon. Amazon serves as an excellent platform for this endeavor because it is a centralized marketplace offering a diverse range of products that you can sell once you establish partnerships with suitable manufacturers.

Although you may earn some money quickly, you will not generate as much income until your brand gains a reputation and receives numerous outstanding reviews for its services and products.

Start affiliate marketing

Affiliate marketing is a distinct form of online marketing where as an affiliate marketer and blogger, you promote your partners’ products and services via your blog or other ecommerce content. Consequently, if a customer clicks on any of the links to those products or services and completes a purchase, you receive a portion of the profits your partner generated.

If you already have a blog, affiliate marketing can be a great way to quickly earn money. You can participate in affiliate programs offered by popular brands, some of which are affiliated with Amazon. Create a blog post that showcases the top products within a specific niche or industry and include affiliate links to each product.

If you already have a blog and readership, you have the potential to earn affiliate profits quickly. Nevertheless, if you do not currently possess a blog and readership, it may require more time to establish and initiate this method of making money.

Online Tutoring

The tutoring and test prep industry generates over a billion dollars annually. If you were a decent student or have expertise in a subject, you can start your own tutoring business to earn extra money while assisting students.

Wyzant is a well-known platform for online and in-person tutoring that enables you to connect with students across various subjects and grade levels.

When you work as a tutor, you have the flexibility to decide your own schedule and determine your own rates. For instance, I came across a number of math tutors on Wyzant who were asking for $40 to $60 per hour during my search for nearby tutors.


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Filed Under: Features, Side Hustles and Part-Time Jobs

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