It feels like everyone is taking on a ‘side hustle’ at the moment in a bid to supplement their income. It’s a great way of saving money, clearing debt or just building a nest egg in the background. In fact, many Millenials are now using side hustles as a way to save for their retirement.
Most likely, you are already familiar with the term ‘side hustle’ and you may even have one on the go already. The biggest problem with side hustles is that they don’t pay a lot or they take too long to build before you can make any real money.
In this article, we explore 3 side hustles that are quick to start and earn.
1. Online Teaching
If you are a native English speaker you are in luck. The online English teaching industry is booming! Many companies in China are desperately looking to hire online English teachers right now. All you need is a degree (in any field) and a TEFL certificate that you can buy and complete online cheaply and quickly.
Once you have the TEFL certificate you can apply to companies such as VIP Kidz, Whales English or DadaABC which all offer their teachers anything from $18-30 per hour. This rate depends on your performance in the interview and mock class plus any existing experience you may have.
You can be up and running as an online English teacher in a matter of weeks. Weekly hours are flexible usually with a minimum of 8-10 hours per week.
2. Become a Notary
The real estate industry has many opportunities for people to make some extra cash. The best opportunity by far is to become a notary. Your purpose as a notary is quite simple, to ‘attest to the authenticity of a document and to verify the identity of those signing it.’
Essentially, when you notarize a document, it is then valid by law. It’s not difficult to become a notary or expensive. Notarizing a document isn’t difficult either and you can make anything from $75-$200 per appointment, depending on where you are located.
One way to become a notary is to speak to real estate agents or property management companies for the details of their title company, attorney or escrow office. Alternatively, you could get listed on 123notary.
If you have a car and plenty of time in the evening or at weekends then why not rideshare? Become an Uber or Lyft driver and earn up to $1000 a month driving people around your hometown.
Ridesharing is one of the best side hustles due to its flexibility. You can pick anyplace and anytime to complete jobs and earn extra cash quickly. Some people hate the idea of driving around other people but for some, it can be a lot of fun. You get to meet new people, listen to music and get to know your area like the back of your hand.