Whether you're looking to pay off debt, save for a big purchase, or simply add financial security, a high-paying side hustle can be a game-changer. The good news? There are plenty of opportunities that not only pay well but also fit seamlessly into your schedule.
From leveraging skills you already have to exploring entirely new fields, side hustles that pay well are a versatile way to earn extra cash. But which gigs are worth your time and effort?
This article will explore the world of the highest-paying side hustles, offering insights into what they are, why they matter, and how you can start one today.
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What is a side hustle?
A side hustle is any job or gig that you do outside your main source of income. Unlike traditional part-time work, side hustles are often flexible and can be tailored to your interests and skills. They’re a great way to explore new passions or make use of underutilized talents while earning extra money.
Side hustles have grown increasingly popular as people look for ways to combat rising living costs or achieve financial goals faster. Thanks to technology and the gig economy, opportunities are more accessible than ever, allowing you to start small and scale up over time.
Best-paying side hustles: 10 ideas to consider
If you're looking to maximize your earnings, not all side hustles are created equal. Some offer flexibility but limited income, while others have the potential to bring in substantial extra cash. Let’s explore some of the top-paying side hustles with salary information from the Bureau of Labor Statistics (BLS) and reports from Forbes and Statista.
1. Freelancing in tech
Average hour salary: $50-$100+
For many, being a freelancer in the tech field is considered the best-paying side hustle, especially in areas like web development, data analysis, or UX design. These gigs require specialized skills, which makes them highly valued.
How to get started: Platforms like Upwork and Toptal connect you with clients seeking experts for short-term projects. Upskilling through certifications in coding or data visualization can also enhance your profile.
2. Online tutoring or teaching
Average hour salary: $30-$100
Tutors in subjects like math, science, or even test prep are also side hustles that pay well. English as a second language (ESL) online is another lucrative option. Most ESL platforms require a bachelor’s degree and sometimes a TEFL certification, but these requirements are easy to fulfill for those passionate about education.
How to get started: Websites like VIPKid or Wyzant let you market your teaching skills and connect with students.
3. Virtual assistant
Average hour salary: $25-$60
One of the best high-paying remote side hustles is being a virtual assistant (VA), helping businesses with administrative tasks, social media management, or customer service.
How to get started: Build a portfolio showcasing your organizational skills and market yourself on platforms like Fiverr or LinkedIn.
4. Delivery driving
Average hour salary: $15-$25 + tips
Delivery driving is one of the most accessible side hustles, offering flexibility for those with a reliable vehicle and some spare time. Companies like DoorDash, Uber Eats, and Instacart offer flexible schedules and the potential to make money and tips. Some platforms also provide incentives for completing a certain number of deliveries, further increasing your income.
How to get started: Signing up is simple—just meet the platform’s vehicle and age requirements, and you’re good to start.
5. Selling artisan products and handmade goods
Average salary: Variable
Unique, handmade items like jewelry, artwork, or personalized gifts can command high prices. Turning your creativity into a profitable venture is easier than ever with platforms and local craft fairs. Marketing your products on social media and offering customization options can also help attract more customers.
How to get started: Platforms like Etsy or Shopify allow you to showcase and sell your creations to a global audience.
6. Content creation
Average salary: Variable
If you’re looking for side hustles that pay well from home, this is one of them. Successful bloggers, YouTubers, and podcasters can earn through sponsorships, ads, and affiliate marketing.
How to get started: Pick a niche you’re passionate about and start creating high-quality content. Platforms like YouTube and WordPress are great for beginners.
7. Flipping items
Average salary: $20-$50+ per flip
Buying items at a low cost and reselling them for profit can bring in some money as well. Popular items include furniture, electronics, and vintage clothing.
How to get started: Search for deals at thrift stores or online marketplaces, then resell on platforms like eBay or Facebook Marketplace.
8. Social media management
Average hour salary: $30-$75
Businesses often pay for freelancers to manage their social media presence and create engaging content. Freelancers in this space handle tasks like crafting posts, engaging with followers, and running ad campaigns for businesses aiming to grow their online presence.
How to get started: Build your expertise with free or affordable courses on platforms like Coursera. Then pitch your services to small businesses.
9. Real estate investing
Average salary: Variable
Investing in properties to flip or rent out can lead to substantial returns. Even platforms like Fundrise allow you to invest in real estate with small amounts of money. Whether you’re flipping properties for quick profits or renting them out for ongoing passive income, this field requires some upfront investment and knowledge of the market
How to get started: Research market trends and consider taking a course in real estate basics.
10. Photographer
Average salary: $100-$300 per session
Professional photographers can sell stock photos online for passive income. To succeed, invest in a quality camera and editing software, and focus on building a strong portfolio to showcase your work.
How to get started: Invest in a quality camera and create a portfolio. Market yourself through social media or photography websites.
How to choose the right-good-paying side hustles
Choosing good-paying side hustles is key to maximizing your income and ensuring a positive experience. Here are some important factors to consider.
- Time commitment: Select a gig that fits seamlessly into your schedule, balancing well with your primary job or other responsibilities.
- Initial investment: Consider the upfront costs. Some side hustles, like real estate or photography, require significant investments, while others, like freelancing, have minimal starting expenses.
- Skills and interests: Leverage your existing talents or explore areas you’re passionate about to make the work enjoyable and sustainable.
Once you've chosen the right hustle, follow these tips for long-term success.
- Define what you want to achieve, whether it’s paying off debt, saving for a major purchase, or building an emergency fund.
- Set aside dedicated time each week to grow your side hustle. Regular effort is crucial.
- Spread the word about your services through social media, local communities, or industry events.
- Stay competitive by upskilling and adapting to new trends in your chosen field.
By carefully choosing your side hustle and applying these strategies, you’ll be well on your way to earning extra income and achieving your financial goals.