Instead of a regular conventional 9-5 or even less conventional [non 9-5] jobs, I partake in a handful of side hustles and am growing them every day.
There are SO MANY THINGS things out there that a person can do to make money. Honestly, there’s more things than there are time. These are the ones that I currently participate in:
- Sell clothes online – I sell used clothing items on eBay and Poshmark. And would you believe it – people buy it (and pay their own shipping). The name of the game is buy low and sell high. When I first got into reselling, I had no idea what people would pay for used clothing on the internet!
Flip items online – I also participate in flipping items (pretty much anything but clothes) on Amazon through the FBA program.I no longer sell on Amazon, but I leave it in the list because I’ve tried it.
- Invest in dividend stocks – I consider my investment portfolio to essentially be a high interest savings account. Yes, it can go down but it will probably go up. Overall the market typically returns 7% on your investment as a whole, if not more. It’s more of a long game strategy – if you’re trying to turn and burn, you might be in for some heartache.
I buy dividend aristocrat and dividend king stocks to minimize my risk. All that really means is that I limit my buys to companies that have been around for many years and show no signs of going away any time soon. Dividend investing is a passive income stream I’m building and will hopefully be paying hundreds of dollars of my living expenses eventually.
- Deliver food – for Doordash, Grub Hub,
and Uber Eats– it is what it sounds like, you pick up food and deliver it to people who do not want to leave their office or their house to go get it themselves.
- Blogging – I’m hoping to eventually be able to say that I make enough money to pay for my crafting habits or treat my dogs to new outfits eventually 😉
My overall goal is to net $100 per day, for approximately $3000 each month. This is a bit trickier than it sounds, since you do have to pay higher taxes on dollars you earn as an independent contractor or freelancer.
For me, I’ve trial-ed and error-ed this lifestyle for about a year. I personally need gigs like the food delivery to see that I have made x amount of dollars on this day. It’s something that I can participate in as much or as little as I feel like doing, but it is definite. For some of the other gigs (like eBay and Poshmark), what you do now is what you will yield next week or next month or possibly later down the road. It requires consistency (adding new items every day) and does not necessarily equal y amount of dollars each day. Sales do roll in at random when the right buyer connects with the my items and add to the count when I’m out delivering food or while I’m sleeping. When that happens, it’s the BEST.
I’ll keep adding as I add new things in, if you know of anything I should try, please let me know in the comments.