Ultimate Side Hustles to Boost Your Income
Looking for a way to earn some extra cash? A side hustle might just be the answer!
With the rise of the gig economy, there are now more options than ever to turn your free time into income. Here are some popular side hustles that you could consider:
Dog walking: If you enjoy being outdoors and spending time with dogs, consider becoming a dog walker. This side hustle can be done early in the morning or in the evening, making it a flexible option. You can charge around $25-$30 per dog per hour, and if you can walk multiple dogs at once, you can earn up to $150 per hour.
House sitting: House sitting can be an excellent way to save on rent and earn some extra money. You can find paid or unpaid house-sitting jobs that involve tasks like watering plants, taking care of pets, and basic household chores. You could charge around $50-$90 per night for more complex jobs.
Even if you only have a few hours a week there are now more options than ever to turn your free time into income.
Delivery services: If you have a car or a bike, you can make some extra cash by delivering food or driving for ride-sharing services like Uber. The average hourly rate for Uber drivers is $20-$50, and food delivery services pay similarly.
Freelancing: If you have a skill that's in demand, you can offer your services as a freelancer. Freelancing jobs can range from writing and editing to graphic design and web development. You can find work on websites like Upwork, Freelancer, or Fiverr. Hourly rates for freelancers can range from $20-$300, depending on the type of work you specialise in.
Renting out your space: If you have extra space in your home, you can rent it out on platforms like Airbnb. You can rent out a spare room, a guest house, or your entire home. The earning potential will depend on where you live and how much space you have available.
Car rental: If you have a spare car, you could occasionally rent it out to earn extra income on the side. Uber Carshare and DriveMyCar are popular car rental platforms in Australia.
Parking or storage space rental: Renting out an unused parking space or storage space can also be an easy side income stream. Apps and websites like Parkhound and Spacer can help you find interested renters.
Cleaner: Offering cleaning services could be an excellent side hustle. Many businesses require cleaning services outside regular office hours, so it may be something you can fit in alongside your regular job. You can charge around $25-$35 per hour.
Trading your free time for extra cash through side hustles is an effective way to help boost your deposit savings. If you need further financial advice, consider reaching out to our in-house financial advice experts.