4 of the Best Side Hustles to Make Extra Money in 2020

By admin / December 27, 2019

There has never been a better time than now to embark on your side hustle.

Whether you’re looking for a way to bring in some extra bucks or you’re seeking a full-time gig, we’ve got you covered. From the tried-and-true to the truly innovative, here’s a comprehensive look at how you can pad your bank account without sacrificing your morality.

1. ONLINE SURVEYS AND APPS

No proper list of money-making ideas would be complete without the old standby: online surveys.

While the hourly rate may not leave you breathless, the potential is endless. You can rack in the gift cards, cash, and other rewards by filling out surveys, playing video games, watching videos, and shopping online using some of these handy services.

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Swagbucks

Swagbucks is arguably the most popular and reputable online survey site available. You’ll earn “Swagbucks” by filling out surveys, watching videos, and shopping online.

Respondent

Boasting an average hourly rate of nearly $140, Respondent is certainly a heavyweight among online surveyers. By participating in one-on-one interviews in-person or via video chat, the dollars quickly add up.

Pinecone Research

With an A+ rating on BBB, Pinecone Research is a top choice among survey takers. Most surveys pay $3 per pop, which you can cash out via PayPal or check, or you can trade in for gift cards.

2. START YOUR OWN BUSINESS

While you could sign on as an employee and work the 9-to-5, being a business owner is so much more gratifying. Not only do you enjoy immense freedom and flexibility, you also get to set the rules (including how much money you’ll make).

Here are some business models to consider:

Membership Businesses

Membership businesses allow you to leverage your expertise or passion with the masses. With the right systems in place, you can expect to earn $10k or more every month from monthly client fees.

Selling High-Quality Products

It used to be that people would ask, “Is Amway a scam?” whenever considering a career with this in-demand direct sales company. Not anymore. Offering some of the highest potential for earnings and tremendous support, Amway is the go-to business option for anyone who genuinely wants to deliver exceptional products to others while exploring entrepreneurship and setting their own hours.

3. RENT OUT YOUR BELONGINGS

Chances are, you have something other people want and are willing to pay good money to obtain. From your house to your hoodie, there’s likely an app for that.

Airbnb

Whether you have an old room sitting unoccupied or an entire house ready to be filled, consider renting your space for days, weeks, or even months at a time. It’s worry-free, as they have insurance that covers the entire rental, and the gig can prove quite lucrative.

Fat Llama

Face it: You’ve got stuff collecting dust. Have a 500-watt sound system that might liven up someone’s house party? Rent it out for some extra cash. Storing an electric scooter for a non-rainy day? You can rent that out, too. And don’t forget that old DSLR that someone’s hankering to get their hands on. With Fat Llama, you can rent (almost) anything.

4. GET BEHIND THE WHEEL

Oh, how people love convenience. No longer do we want to trudge to the grocery store or restaurant for a bite to eat — we want it delivered to our door. Forget hauling the kids to the mall to shop for toys; now we just order online and watch as someone brings it to us within the day.

This new lifestyle makes for a robust economy among anyone willing to make the drive. If that describes you, consider these delivery options:

Lyft and Uber

No doubt you’ve heard of these “drive for dollars” outlets. Consider signing up to earn some quick cash.

Postmates

As a delivery person for Postmates, you’ll bring food to hungry tummies. You can earn around $25 per hour using your bike, scooter, or car to quickly alleviate hunger pains.

No doubt, the list of quick-cash options is lengthy. However, here’s a peak at several that meet our high standards for earning money in a legit way.

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