12 Self-Employment Ideas to Help Supplement Your Income
Need some extra cash but don’t want to get a job at the mall? Read on to check out 12 self-employment ideas to help supplement your income.
Making ends meet can be tough.
Especially as the cost of living continues to rise in many areas.
If your job doesn’t seem to be making bridging the gap between rising costs and your regular salary, it may be time to try something else.
Whether you’re crunched for cash or not, making a little extra money or taking the leap to self-employment is a dream many would love to realize.
If your life could use a cash infusion, keep reading for a closer look at 12 self-employment ideas to help supplement your income.
Uber or Lyft Driver
If you’ve got a car, one of the simplest ways to make a little extra cash is to drive for Uber or Lyft.
Ride-sharing services have surged in popularity recently, creating a convenient, economical form of transportation and a great way for people to make money on a full or part-time basis.
Your compensation and availability of work will vary depending on your location, but most urban areas in the US provide fairly strong compensation.
As our society grows in complexity, so do the things we own. But as complex as things are, most people have no desire to fix them when they break.
If you’re handy, know your way around appliances, or can fix other things like electronics or computers, picking up some extra work repairing other people’s broken stuff can make a great side gig.
If you do any kind of specialized work, odds are pretty good that someone is in need of your skills.
Having experience with marketing, software development, e-commerce, or other similar fields are just a few options for fields where consulting work can be found.
Consulting work offers a fair amount of flexibility, making it a good way to supplement your regular income.
If you’re willing to do a little research and can write reasonably well blogging is one of those self-employment ideas that has worked well for many.
To make this one work for you financially, you’ll need to pick a specific topic to focus your blogging around. You’ll also need to accept the fact that you’ll probably need to blog for a while before making much if any, money.
If you have a knack for finding deals and don’t mind doing a little haggling, buying and reselling used or new goods is an easy, low-entry way to start making some extra money.
Of all the self-employment ideas out there, reselling items requires some of the least experience, costs very little to get started and you can start making money right away.
Check your local Craigslist or Facebook Marketplace and find an item or two that are priced low and see what you can do with them.
Have some expertise in an academic subject area?
Tutoring students is another area where your extra money can be made. Most tutors have few credentials beyond the knowledge of a subject are like math or English.
If you like working with kids or young people and can be available at set hours in the afternoon or evening, tutoring kids at all grade levels–including college–is a reliable way to make extra money.
Another of the best self-employment ideas available today is to find work as a freelance writer.
The internet is built on words and somebody has to write them. Many blogs, businesses, and marketing agencies regularly hire writers to write everything from blog posts to website content.
If you can turn a phrase and are willing to put in a little work to break into the industry, freelance writing can really pay off.
Turn your musical skills into some extra cash.
If you can play a guitar, piano or another instrument, you may want to consider sharing that knowledge with others.
You don’t have to be an expert. In many cases you’ll be working with beginners, so knowing enough to get them playing is more than enough.
Childcare costs have skyrocketed, making it tough for many parents to find affordable help. And with both parents often working fulltime, juggling kids can be a major hurdle for many couples.
If you’re responsible, have experience with kids and truly want to work with them, offering child care services is another good way to make extra money.
Just make sure you understand the local laws and regulations regarding childcare. While working as a babysitter is virtually unregulated, watching several kids at a time or offering daycare type services is often governed by local regulations.
Teach English as a Second Language
Over 60 million people in the US now speak a language other than English at home. While many of those do speak English also, many do not or are simply struggling to learn. Learning a language from a one-on-one tutor often makes the process easier.
If you want to help non-English speakers or those who only know some of the language improve their lives, teaching English as a second language is a great way to help and make some extra money at the same time.
Here’s a self-employment idea you may not have thought of: owning or leasing vending machines.
Typically, you’ll need to work with a vendor, like Healthy You Vending, to get machines set up and come up with product for the machines, but operating a few vending machines can provide a reliable stream of passive income. All you need to do is check on the machines and restock them from time to time.
One of the Best Self-Employment Ideas–Sell Your Skills
The internet and the connectivity that has come with it have opened many opportunities. Gone are the days of needing a team of employees in the office. Work can be done remotely and often on a contract basis.
From writing code to marketing work, businesses are hiring more and more work out to freelancers and contract workers.
Working for yourself doesn’t mean you have to quit your day job. Try one (or a few) of these self-employment ideas to bring the entrepreneur in you to life.
Want to learn more about starting a business? We can help.