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Who couldn’t stand to earn extra cash each month? Problem is, you may have the desire but not the extra hours to take on time-consuming work. Fortunately, in this digital age, there are lots of side hustles and money-making strategies you can employ to make some extra cash each month. Here are experts’ suggestions on how to do just that.
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Become a Virtual Assistant
One of the easiest side hustles for the computer-savvy is to become a part-time virtual assistant, said John Li, co-founder and CTO of the lending company Fig Loans and a financial expert.
“The role can pay you as much as $25 per hour and you can sign up one client for a few extra hours and bump up your client roster if you want to take on more.”
Virtual assisting is especially good for stay-at-home parents and anyone who is short on extra time because you’ll have no commute. “Better yet, it doesn’t require highly-specialized skills, and as long as you have some basic computing skills, you’ll be ready to get started,” he said.
Due to the pandemic, many businesses are expanding their online presence right now, driving the demand for this role up significantly, he said. “Getting your foot in the door when demand is high and working based on your own availability makes starting this side hustle a breeze.”
Read: Best Side Hustles for People Over 50
If you have a skill that can be useful to others, from graphic design to SEO or IT skills, “[f]reelancing is the best option if you want to earn some extra money,” said Daniel Javor, founder and CEO of Step By Step Business, a site that helps companies get started. You can take your skills to sites like Upwork and Fiverr, where customers come seeking specific tasks and skill sets. Javor said you can often earn quite a bit more than $1,000 per month.
Marilyn Gaskell, founder and business leader of TruePeopleSearch, a U.S.-based tech company, pointed out, “In 2020, when the pandemic hit hard, many people lost their jobs and… switched their interests to freelancing, and now they are their own boss and earning a handsome amount monthly.”
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Create a Product To Sell
If you don’t have those skills, you can try creating a product to sell, Javor said. “A good example would be …….