I’ve always wanted to make an extra buck, especially since a recent layoff forced me to rethink how I earn a living. Yet working for one check wasn’t appealing anymore. Between the long hours and multitasking ad nauseam as an editor, <em>I was tired of being tired</em>.
Instead, I found multiple side gigs writing and editing. And guess what? I’m not the only one cashing in on the gig economy. An October 2017 survey for GoDaddy found that 50 percent of millennials and 25 percent of boomers have a side hustle. Think you might want to join us? Follow these insights from some side hustling sisters and never be cash-strapped again.
<strong>Do you want a fast buck and flexibility? </strong>Pick up digitally-dispatched gigs via a mobile platform like Fiverr, Care, Task Rabbit and Upwork.
“I always walked my German Shepherd mix along bike trails and through parks,” says Esther Cunningham, 64, of Sacramento, Calif. “When my daughter suggested I could make money at Rover walking other people’s dogs, I jumped at the chance.”
While you don’t have to hunt for customers, expect the platform to take a cut. “I see it as covering administrative costs,” says Cunningham, who will make around $17,000 dog walking this year.
Another flexible way to make quick cash: Sell products online via your own website or a site such as Etsy.com. “You can make money in your sleep,” says makeup artist Dena Williams, 34, of Atlanta, who created her own cosmetics line Lure Cosmetics and offers the products on her website.
<strong>Do you want to get paid for your know-how?</strong> Start charging people for what you currently do for free.
“If people are always coming to you for advice in a particular subject, ask yourself if teaching the subject matter could become a stream of revenue,” says Genevieve Ascencio, 38, a career consultant in New York. After accepting invites from college students and career-switchers to pick her brain on how to get ahead at work, the vice president at a global communications company launched her side hustle this spring. “I conduct webinars three to four times a year and work with about six clients a month,” says Ascencio, who also sells career toolkits for $39. Her sideline income fluctuates between $250 and $700 per month.