Are you looking to earn extra money on the side to meet your financial goals? If so, there are plenty of things you can do. Whether you’re an introvert or extrovert, prefer working online or outside, or have plenty of time or no time to spare, this post is all about the best side hustles for millennials.
What side hustles pay the most?
Looking for the best side jobs for millennials?
There are many different high-paying side hustles that you can try. But usually, service side hustles pay the most for the least investment.
For example, apps like DoorDash note that their drivers can make upwards of $25 an hour, and you could earn more if you have your own side business, like tutoring or sitting. You’d be able to charge what you want and keep more money.
If you’re looking to make $10,000 a month, you’d need to earn $61.54 an hour (at 40 hours per week). If you’re already making a decent income from your day job, you’ll want to factor in how much you need to earn from your side hustle.
Also, it’s important to keep in mind that $10k a month isn’t really $10k. After taxes, you’re looking at more around $6k-$7k. And remember that you DO have to pay taxes on side hustle income!
How can I make an extra $1000 a month?
In order to earn $1000 a month, you’d need to make an extra $250 a week. You can do this with one (or more) of the side hustles we’ve listed below. You can also earn money via passive income or by starting your own side business if the ideas below don’t work for you.
If you were to earn $250 extra a week, you’d want to work at least 10 hours extra at around $25 an hour. The more you charge, the less you have to work! And the less you make, the longer you have to work to reach that goal. So keep that in mind when you’re thinking about what to charge (and which are truly the best side jobs for millennials).
How can I make $2000 extra a month?
I once heard a millionaire say, “If you can earn $1,000 a month, you can earn a million dollars a month.”
Frankly, I used to think that statement was idiotic. I mean…what if you didn’t have any more hours in a day? What if you earned that at a rate of just $10 an hour? You couldn’t possibly ramp that up into a million bucks!
Today though…I understand. I fully believe that if you can earn $1000 a month with side hustles, you can certainly earn $2000 a month with side hustles.
Well, you could double your efforts…Or, you could expand your team. If you want to earn way more, you’ll build your team.
Think about it. You can mow 50 yards at $20 an hour and earn $1,000. To earn $2,000, you’ll need to mow 100 yards.
Instead, why not hire two other guys at $10 an hour, mow 150 yards total, and you pocket $2,000!
What are some passive income ideas?
If you’re looking to side hustle upfront and earn passive income for months and years to come, there are many different options that you can try.
A few pass income ideas include…
- Investing in dividend stocks
- Creating a course
- Writing ebooks
- Creating an app
- Taking and selling photos/videos
- Affiliate marketing with a blog
Of course, there are many other ways to earn passive income. But these top choices are easier to start and build.
10 Side Hustles For Millennials
Want side hustles that are worth it? Here they are.
Let’s talk about the top 10 side hustles for millennials and how you can get started right now.
Ecommerce sites are only going to grow as time goes on. And many people (especially millennials) prefer shopping online for their needs and wants.
There are many things that you can sell, including homemade, vintage, or specialty items.
Just for example, here are 10 things you can start selling right now!
- Vintage clothing (thrifted and in good shape)
- Baked and canned goods (including jams and pickles!)
- Hair and body accessories
- Customized wigs
- Used electronics (video games, consoles, computer parts)
- Handmade items like jewelry, decor, or clothing
- Digital goods (like printables, spreadsheets, and graphic design templates)
- Pet essentials (like collars, bandanas, and food bowls)
- Collectibles (like stamps or coins)
Of course, almost anything can be sold online if you find the right audience for it. But these popular ideas can help you get started.
2) House Sit
Do you want to travel and make money at the same time? If so, try house-sitting! There are many legit websites that you can use, but a popular one is Trusted House Sitters. To get started, you need to put in your availability and where you can go to sit.
Luckily, you can also charge what you want based on your skills, reviews, and what you offer. And not only do you get a free place to stay, but you could earn upwards of $75 a night just for chilling at the house. It’s a win-win.
If you love pets, you can also pet sit while you house sit, have dogs or cats in your own home, or walk pets for an hourly wage. Sites like Rover make it easy to list the different services you offer and charge your own price, with many pet sitters and walkers making upwards of $40 an hour.
Keep in mind that certain sites may need you to submit a background check, which can cost about $50 to go through their system. These are to ensure that you can keep pets safe and aren’t a threat to clients. But, you should ensure the site is legit before submitting any personal information.
Is there a subject that you know really well? Or maybe you have a teaching degree or certification and need to make money in your spare time. If that’s the case, you can tutor or teach for upwards of $50 an hour.
If you want to work with a company, sites like VIPKid pay you to teach kids in China, but it does require you to be up early in the morning (usually). Or you could teach kids on your own time with sites like Outschool.
You can still tutor if you don’t have a teaching degree or certificate! Sites like Skooli allow you to make up your own schedule and tutor in the subjects you’re best at.
Related: 9 Best Side Hustles For Teachers
Yes, the blog market can be oversaturated. But, new blogs are started and make money every day. And the blogging world isn’t going anywhere anytime soon. So why not make money with what you want to talk about?
It’s easy to start a blog, but it will take time and effort to turn it into a money-maker. But there are many ways to do that, including affiliate marketing and sponsored posts.
You could also add in a video element and make even more money via your channel. This brings me to our next option.
Related: How to Start a Blog
6) Start A YouTube Channel
You don’t need to have hundreds of thousands of subscribers to make a decent income with YouTube. In fact, many channels note that they can make upwards of $500-$1,000 a month with less than 10,000 subscribers.
Even if your YouTube channel is your main side hustle, $500 a month is a great side income. But mixing it with a website or other side hustles can earn you even more.
7) Work Outside
Do you prefer being outside? If so, there are many side hustles you can try and make money with.
First, you could detail cars. All you need is a detail kit, which can be bought on Amazon. And top detailers can make upwards of $75 an hour, but of course, you’ll have to work your way up to that. Word of mouth and even a simple website with scheduling capabilities can help you manage your schedule and make consistent money.
Some other options include…
- window washing,
- pressure washing,
- lawn care,
- car repairs,
- and tree removal.
Yes, these side hustles will require some upfront cash or products, but they can easily make thousands each month!
Do you enjoy reading? If so, get paid to write book reviews! Authors, especially self-published authors, love getting reviews for their books to boost sales, and companies will pay you for those reviews.
For some sites, you’ll need to provide a resume, writing samples, and reviewing experience. But others are great for beginners, too, so don’t let that scare you. Sites like Online Book Club and Booklist pay upward of $60 per review, plus you get a free book!
9) Write Resumes/Cover Letters
Writing resumes as a side hustle can earn you upwards of $25 an hour. If you’ve been able to land your own jobs and jobs for others with a resume and have the skills to get people results, this is a great side hustle to have. And if you have experience in recruiting and HR, you can also utilize those skills.
You can set your own price and get started on a site like Fiverr or Upwork. You can also start with your own website if you want to look and feel more professional.
To get referrals or testimonials, start with friends or family members that are graduating from university first. They can help talk about your business for you and get you in the door faster with other people.
You don’t have to be a personal trainer to make money in the fitness world. Many people are looking to work out in the comfort of their own homes and have various interests.
If you like…
- or any other fitness activity…
…you can teach classes online, record videos, and charge people to access them or a library.
You can also add videos to YouTube, but this would mean offering free content before you can make money as a YouTube partner. But this is also a great way to introduce your side hustle to people and funnel them into your paid offers.
Side Hustles For Millennials – Bottom Line
There are many side hustles for millennials that are easy to start and make hundreds or thousands each month. You just need to find which of the side hustles will work best for you, your skills, and your schedule!
Of the options above, which do you think are the best side hustles for millennials? Tell us in the comments below!
AUTHOR Kimberly Studdard
Kim Studdard is a project manager for online entrepreneurs and small businesses. When she isn't spending time with her daughter and husband, or reading her growing pile of horror books, you'll find her working on her HR degree and working towards FIRE.