Popular Side Hustle Ideas for Extra Income - Money Tip Tuesday

Are you looking for ways to make more money and increase your revenue stream? Then starting a side hustle or several of them might be for you! Here are some great ways to make extra money on the side!   

Links:

• Freelancing: Upwork, Designhill, LinkedIn
• Pet Care: Wag, Rover
• Ridesharing: Uber, Lyft
• Delivery Service: DoorDash, UberEats, Instacart
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Transcript:

Welcome to Money Tip Tuesday from the Making Money Personal podcast.        

One nice thing about having a side hustle is choosing what interests you. It allows you to explore your interests and broaden your horizons while making some extra cash. Freelancing is an excellent example of this.    

Freelancing is when you work with a client on a one-off project. If the client likes your work, they may come back to you when they have another project. Freelancing can involve all sorts of different work, including writing, editing, graphic design, website design, etc.    

Are you unsure of where to get started freelancing? Don't worry because there are plenty of websites where you can find freelancing gigs. Upwork, Designhill, and LinkedIn are great places to start your side hustle!   

This next side hustle is great for animal lovers. Pet sitting and pet walking are great ways to make money on the side, and hanging out with animals is a bonus. To get started, ask your friends or family if they need someone to take care of their pets while they're away. Websites such as Wag and Rover let you find people who need their pets cared for while they are away.   

For these following side hustles, you will need a vehicle and a valid driver's license. The first one is ridesharing. If you are okay with driving a stranger in your car, ridesharing is a great way to make extra money. It works like a taxi service, but you use your car instead of working for a taxi company and driving a taxi. You can also pick when you want to work, which is great if you're looking for a side hustle with flexibility. Check out ride-share companies like Uber and Lyft; they're popular and well-recognized.   

The second one is to run a delivery service. If you'd prefer not to have a stranger in your car, you could use it to deliver food or groceries instead. Like ridesharing mentioned, delivery services offer flexible hours, where you get to work on your own time to deliver food or groceries to homes in your area. Popular delivery service companies are Doordash, Uber Eats, and Instacart.   

One thing to look out for when getting into side hustles is to avoid scams. As you explore side hustle, you might discover some multi-level marketing or pyramid schemes promising that you'll make tons of money, but that is rarely the case, and you'll most likely lose money instead of making any. Do some research beforehand, and don't let promises of making a lot of money quickly convince you to sign up for something that'll cost you more in the long run. Remember, if it's too good to be true, it probably is.  

This tip mentions just some of the side hustles out there, and there are plenty more to explore! To figure out what side hustle is right for you, start with your interests and what skills you want to expand on. Then, search the Internet and ask around to find out ways you can use those skills and interests to bring in some extra cash.   

If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.     

Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast.