In American society, the word side hustle is becoming more and more acceptable than before. Back in the day, people treated a person as lazy if they had a side hustle instead of taking on overtime in the company. But as time goes on, many people are turning to side hustles more instead of working overtimes.
These days, some people have grown their side hustles into multimillion-dollar companies. The beauty of turning a side hustle into your full-time income is that you will never feel like you have worked a day in your life because, after all, your side hustle is more likely something to be your hubby. However, hobbies are not what we are going to focus on in this article. Instead, we will focus on side hustles that you can start today and make at least $100 a day on top of your regular 9 to 5 job.
Who wouldn't want an extra $100 a day or $3,000 monthly? However, you might ask yourself, what is a side hustle? A side hustle is a project or a job you do outside of your regular job to make some extra cash. Most people start a side business to pay their debts, save, invest in the stock market, Cryptocurrency, or other types of investments.
Most people toast the word "Side Hustle" like it is simple to do. However, it takes discipline and a lot of commitment. For a person to start a successful side hustle, he needs to have an apparent reason why he wants to start making money outside of his regular job. If you create a side business without a goal in mind, you are doomed to fail. In this article, I am going to give you 11 best side hustles anyone can start now for as little as zero dollars and make $100 extra per day,
Invest your spare change
Would you believe me If I told you that you could invest in the stock market and bitcoin using spare change? I didn’t believe it until I started investing with the Acorns. Acorns let people invest their spare change by rounding up purchases with their linked debts and credit cards. I’ve been using acorn for my retirement for the past 2 years. For instance, let’s say you buy food for $11.93. Acorn will round up your purchase to $12, which means that it will take 7cents and invest it for you. Acorns have different types of portfolios. It invests the spare change based on your age and risk tolerance. The good thing about investing the spare change through Acorns, your money will be invested in Stocks and Bitcoin. So, if you want to get exposed to Bitcoin, Investing with Acorn will be the best way and less risky since your money will be invested in different ETFs and bitcoin.
How much you need to Start: According to Acorn, you need at least $5 to start investing.
How Easy to make $100: Acorns’ investment is long-term because you need to have a big chunk of money invested to make $100 a day. If you keep investing the spare change and add more money to it for an extended time, you can make more than $100 a day, and use it to retire early since you will be making money in bitcoin, and Stock dividends.
Pros: You get exposed to both stocks and bitcoin, you invest spare change, don’t need a lot of money to open an account, you can open retirement account (401K or Roth IRA), you can invest in Early account for your children, and you can use Acorns’ visa card to shop, pay bills and get rewards from cash rewards from hundreds of brands that you are already using.
Cons: Fees are $3 to $5 (Fees can Change) per month; spare change might take a while before you can see significant returns, and you cannot invest in individual stocks.
Click here to learn more about Acorns.
2 . Coaching
Coaching is one of the side hustles that many people overlook when they think about making an extra income. However, people don't realize that you can almost coach anything without a license. If you have a license, it helps because people will trust you more.
· How much To Start: You can start a Coaching business with as little as zero dollars. For instance, if you go to the gym every day, you can become a lifestyle coach where you can advise people on what to do to lose or gain weight.
· How Easy to make a $100 daily: it would be very easy to make $100 per day because all you need is at least five clients and charge them at least $20 per session. It will get easier and easier as time goes on because your clientele list will grow so is the revenue. If coaching as a side hustle is well-executed, it can become your full-time income as your clientele grows.
· Pros: You don't need a lot of money to start a coaching side hustle. But it would help if you had some equipment, a phone, and internet to reach your clients.
· Cons: You have to find clients on your own or pay someone to do it.
3. Become a Rideshare driver
Becoming a rideshare driver for companies like LYFT, Uber, Doordash, and others can be an easy side hustle, especially in the United States. I know some Lyft and Uber drivers who make more than $100,000 a year.
Many rideshare drivers use both Lyft and Uber driver apps. It helps them stay busy; if they don't get a rider from one of the rideshare apps, they will get it on the other one. They stay busy since they are juggling both apps back and forth.
· How Much you need to Start: You don't need money to start driving for LYFT or uber. All you need is to meet the requirements age, have a four-door car at least ten years younger, car insurance, and pass a background check.
· How Easy To make $100 daily: It is easy to make $100 a day, especially if you live in the major cities like Denver, Los Angeles, New York, Huston, and more. For instance, uber drivers in Denver, Colorado, make an overage of $32 per hour. So, if you drive in the morning or evening rush hours, you can make $100 easy. Another good thing about driving for Rideshare companies is that you get many tips, especially on the Airports rides.
· Pros: work on your term, you keep all your tips, and you can Claim all your expenses on the tax return. However, if you have a driver's license but don't have a car, you can rent one through Uber or Lyft.
· Cons: You use your car and gas, require physical presents, Trade time for money, can only work 16 hours a day (limit to how many hours you can work per day), and it's not passive.
Drive for Lyft using this link to earn $3100 guarantee after your first 160 rides:
Drive for Uber using this link to get $700 guarantee after Completing 50 trips:
4. Become an influencer
Becoming an influencer is easy compared to the other side hustle because it doesn't require much to start. For most of the part, all you need is a computer and a good phone with a good camera and internet. If this side hustle is well-executed, it can become an empire in a short amount of time.
· How much you need to Start: To start a side hustle as an influencer, you need a social media account, a phone or camera that can record and take good pictures or videos.
· How hard it is to make $100 a day: It can be hard to start making $100 daily because you need a fan base to sell your products or service to. Creating an influencer business as a side hustle is more of a long-term play than a short term. However, once you have an audience, you can make more than $100 per day because companies pay a lot to advertise their services.
· Pros: The business requires little to nothing to start, and when it comes to social media, you can post at least once a week, depending on your viability.
· Cons: The downside of starting an influence side hustle business is that you need to build your audience from scratch. But, once you have massive followers, you can make more than $100 per day. According to Vox, an influencer with between 10,000 and 50,000 followers makes $40k to $100K a year. So, it is possible to make more than six figures a year if you execute this influencing side hustle well.
5. Become an Affiliate Marketer
An affiliated market is when you promote someone's product, and you get some percentage every time client makes a purchase using your link. In other words, an affiliate marketer is a salesperson. Some affiliate marketers created multimillion-dollar companies around the affiliate market programs.
For instance, if you have 100k followers on TikTok or Instagram and 10% of them (around 10K buyers) use your affiliate link to buy the product, that costs $100. For the sake of this article, let's say your commission is 10% (which is $10 commission per referral)
So, 10,000 buyers times $10 is $100,000. That's an example, but if you can grow a massive loyal social media follower, you can easily start a million-dollar company by referring people to your referral links.
· How Much to Start: It costs zero dollars to become an affiliate marketer. All you need is to sign up with affiliate market programs like amazon affiliate programs and others. There are many different affiliate programs that you can apply for. Just make sure you refer people to the affiliate program you have used yourself. Remember that it takes many years to build a good reputation, but one second to destroy it. So don't just go for the money. Always refer to something you have experienced because you want your customers or audience to keep coming back.
· How Hard it is to make $100 a day: Making $100 a day doing affiliated marketing can be easy if you have an extensive social media fan base. However, if you play it right, you can make hundreds of thousands a month in the long run.
· Pros: Easy to start, don't need upfront money to sign up for an affiliate program, and it's a passive income once everything is in place. If you place a link on your social media, blog, or YouTube, you always get your commission even in your sleep every time somebody uses your link to purchase a service or product.
· Cons: The downside of starting an affiliated program is to build a loyal fan base to refer your products to. You cannot be a successful affiliate marketer without authority in your niche. You can create a dedicated community by having a massive social media presence and followers or starting a blog or a YouTube Channel. Those are just a few ways people use to start a community. However, you can find more way to build an online audience that might be interested in your online affiliated links.
6. Start a YouTube channel
Starting a YouTube channel is one of the easiest side hustles. It is free to create a YouTube channel. However, it would be best to have a good camera or a phone to record a good quality voice and video. a YouTube channel is more of a long-term side hustle that can be worth a while in you executes it well. If you grow your YouTube channel to like 10k plus subscribers, businesses will pay money to mention them for 5 to 10 seconds in the video. In the long run, your YouTube channel can be your biggest source of income since those subscribers are real human beings. Subscribe to our channel Bako Invest - YouTube and learn more about making money, personal finance, and self-improvement.
· How much to start a YouTube channel: It's free to open a YouTube channel account even though you would need a camera with a good microphone and some editing software. If you don't know how to edit your videos yourself, you can always hire someone on Upwork or Fiverr for as little as $5.
· How Hard it is to make $100: It can be hard to make $100 on YouTube since it is so competitive. But in the long run, you can make it easy.
· Pros: it's free to open a YouTube account. Once your video is posted, you don't have to do much, and it can make passive income from affiliate links and google ads if you are qualified for monetization. A Youtube channel might help you make good friends from places you never thought existed from your home or office table.
· Cons: You must buy a camera and microphone; you might have to do everything by yourself if you don't have money to outsource some of your jobs; you need 1000 subscribers and 4000 hours of watch time before you can put ads on your videos. Worst of all, you can make enemies along the way because not everyone will agree with your point of view and beliefs.
7. Start a blog
A blog website is a place where you document your thoughts and experience on the internet. People underestimate how much a blog can do. Look it this way. Starting a blog is like building digital a real estate company. In real Estate, people start building one house at a time and eventually will have a real estate empire if they keep producing new buildings.
So, when you start a blog, you are building a real estate company. Every blog you post will make you money in many ways once your audience grows up. Most blog posts take between 3 to 8 months before it starts attracting healthy traffic from good. Make sure that you create evergreen content to keep making money on your blog posts for years to come. Here is a list of ways you make money blogging
Affiliate Program: The affiliate market is a profitable business for YouTubers, bloggers, and other social media influencers. When an influencer directs a fan or a customer to a link of a service they believe in, every time that customer makes a purchase or opens an account using that affiliate link, the influencer makes a small percentage with no additional costs for the customer. There are different affiliate programs. But the most common program among the influencer communities is the amazon affiliate program. Some people make millions of dollars per year by referring a product to a customer.
Advertising: Ads are one of the best ways for a blog post to make money. The niche mainly influences the money you make from the advertisement on a blog post. Personal Finance, credit cards, and technology make more money because advertisers are willing to pay more to have their ads on those blog posts.
Loyalty and Brands deals: You can make as much as you want from loyalties and brand deals because the amount is negotiable. Companies from your niche might start coming to you for sponsorship after you have more than 30,000 monthly visitors to your page. Some people make more than $100k just from mentioning a company in one post.
· Information Products: If you have a skill or knowledge that you think might help people, start a course, or write a book about it. Once you have that information product uploaded on the internet, you will make a passive income on them for as long as they are still on the internet and has valuable information.
· How hard it is to start: The cost of starting a blog can depend on your end goal. Are you blogging as a hobby? Are you trying to make money on your blog? Those are a few of many questions you have to ask yourself before signup on any blog Webhosting.
For instance, I use Wix as my blog host. When I started, I had their cheapest version and upgraded to premium because I wanted to be serious about blogging. If you are providing variable information online, you might as well make something out of it. In other words, blogging as a business, you need to spend some money before you can make money.
How hard is it to make $100 a day: Making passive or direct money from blogging takes time. It takes up to 8 months before a blog article can rank on the number one page on google. However, if you write enough articles and add good affiliate links, you can passively make more than $100 a day.
Pros: Easy to start, can make passive income for every article you write as long as you have good traffic to your site, can apply for affiliate programs, can put ads on articles, requires less work as you have a decent number of blog articles, you only update your articles every once in a while. The income is unlimited because you can make as much as you want as long as you are willing to put in the work.
Cons: It takes a while to have an extensive loyal audience, you have to keep updating your articles to stay up today, you can't make money right away, it requires to sit down and write a few hours a week, and some people will disagree with your opinion, and more
8. Invest in Cryptocurrency
Investing in Cryptocurrency can come with high risk and reward simultaneously. The crypto market can be a good idea for a side hustle because it has very high volatility. It can be very profitable if you learn how to day trade or swing trade it. If you are not a cryptocurrency savvy investor, choose cryptos you like the most, put them on auto investing, and wait for the bull market. By the time you sell, you are more likely to make more than $100 a day on average.
· How much is to start: You can start with as little as $1 to start trading cryptocurrencies like Bitcoin, Cosmos, Ethereum, etc. The entry barrier for trading cryptos is low. Although, you need to invest more than $1 if you want to see significant profits.
· How hard it is to make $100 a day: Making $100 a day can be easy because the market moves up and down fast if you are a good day trader. So, if you can catch those movements, you can make more than $100 per day trading Crypto. Also, if you have a lot of money, you can stake your cryptos and own a passive income from staking them. Many crypto exchanges like Coinbase, Crypto.com, Binance, and others offer a staking program.
· Pros: Low fees and short settlement time, no bank fees, no government involvement, easy to convert one Cryptocurrency to another, significant returns, Inflation Hedge, staking rewards, Security, and more.
· Cons: high volatility, can lose money fast, no government involvement, a lot of scammers and crypto theft, and more
· Crypto Security Tips: make sure you turn on your Google or Microsoft authentication (2FA). It will help to prevent data breaches.
Use this link to Start Investing in cryptocurrency market and get free fractional bitcoin:
The stock market is more like investing in Cryptocurrency but less risky. However, you have to remember that your return is more likely to be small if your risks are low. When you invest in a company that trades on the New York Stock Exchange or any other stock exchange, you are buying a piece of that company. For instance, let's say you purchased $100 worth of Apple shares at the New York Stock Exchange. That means you are one of the owners of Apple. Your $100 has no considerable influence on the direction or the future of Apple as a company. But you get profit when Apple Shares increase in the price, and your $100 reduces when Apple shares decrease in the price action. However, if you keep buying an ETF or individual stocks regardless of when it is going up or down, you can get to the point where you can make a massive amount of money per day, but that takes time and patients.
The best thing about investing in the stock market is that you don't have to be an expert in the financial industry. If you hate staring at the computer screen or hate stock graphs, you can buy ETFs like S&P500, VOO, and other ETFs that might come to your liking.
Investing in the stock market helped me realize that there are many ways to make money. I started trading stocks in 2018 after my professor from Metropolitan State University of Denver introduced the stock market to the class. I went home and did my due diligence and started investing. Then, on February 21st of, 2021, I was able to quit my job because I was making enough money to support my lifestyle.
· How much is to start: investing in the stock market is very easy, especially if you have a job because you need an income or cash to begin investing. You can open an account for free and start investing when you get the money. Don't let the idea of not having money get in your way because you can start investing in the stock market with as little as $1. Investing in the stock market as a side hustle can be one of many ways you can reach your financial freedom or retire early.
· How hard it is to make $100: making $100 a day in the stock market is possible. I've done it myself. However, you have to remember that you have to have at least somewhere above $5,000 invested to make that much money, based on my experience.
· Pros: Investing is hands-free, makes money 24/7, can make a massive gain in less than a day if there's company news, make money from capital gain, dividend payment for swing and long-term investors, and more
· Cons: You have no control over the company, can lose your money if you are a day trader, pay taxes on capital gain and dividends, etc.
Use this link to start investing in the stock market and up to 12 free stocks:
Do you have a skill that you can turn into a cash cow? Service-related side hustles are one of the most straightforward side hustles you can start, especially in this internet age. When you say service business, people tend to think that you have to start the next Facebook (which is meta now), the next eBay and amazon, etc. However, people tend to forget that even washing cars and cleaning houses can become a side hustle that can potentially become a million-dollar company.
Our favorite place to start a side hustle places that you can do from your couch is Upwork and Fiverr. If you have a skill or skills, you can upload them on the Fiverr or Upwork, then companies and individuals can book your services right there. The most common services that people sell on Upwork and Fiverr are YouTube video editing, blog writing, translation, App building, and more. If you have a skill that might be helpful, use the following links and become a freelancer on Both Fiverr and Upwork. I use people from Fiverr for my YouTube Channel, and I love their services. You can check out our YouTube channel at Bako Invest - YouTube.
· How Much to start: To become a freelancer on Upwork or Fiverr costs you zero dollars. You need to open an account and add a photo of yourself, your title, work history, and at least one skill tag. Once you sign up, people can book your service right after your account is approved.
· How hard it is to make 100 a day: Making $100 a day can be very easy on Upwork or Fiverr as long as you meet the clients' needs. If your client like you, there's a chance they might keep coming back to you every time they need that same service. For instance, I use Fiverr, especially for my YouTube video channel. I have one person that I keep going back to for more assistance. I get her at least one job a week, ad sometimes, I give her more jobs in one week. So, to answer your question about how hard it is to make $100 a day on Upwork and Fiverr, I will say it depends on your clientele, experience, and the kind of service you provide. So, if your goal is $100 a day, then offer a service that charges $100 or more per service and will need only one job a day to meet your goal.
· Pros: free to signup, no need for an office, do your work wherever you want, people come to you through Upwork or Fiverr, etc.
· Cons: You don't have control of where your clients come from; you have to make clients happy so they can come back; some clients might make you redo the whole work or make changes if they don't like what you delivered; it's hard to make people happy.
11. Drop Shipping business
Drop shipping is one of the most profitable side hustles anyone can start. For example, I met a lady in Denver, Colorado, who started a drop shipping business in 2016 as a side hustle. Her footwear for women's businesses brings in more than $400k a month as of today. It was like a joke to her when she started because she wanted extra money to pay off some of her debts. There are so many platforms that you can use to open an online store. Wix Ecommerce, Shopify, Big-commerce, Square Space, Bubble, and more are the most famous ones. Starting a Drop Shipping business as a side hustle can be very good because you can grow it to a full-time job if you make it a priority.
How much to Start: The best answer for this question depends on which e-commerce platform you use. However, most eCommerce platforms charge around $3 to $15 a month plus the transaction fee.
How hard it is to make $100 a day: Making $100 a day on online drop shipping can be very easy if you put in the time and money. It doesn't have to be a lot of money to start, but you need to invest some money to make money. You need to have a marketing strategy to survive this kind of business. Once you have a system in place that works for you, $100 per day can be the past story because you would be making more money than that.
Pros: Less time consuming once the business is up and running, you make money while you are asleep, you don't deal with shipping, you check the progress of your company on your phone, and you can hire employees who live out the country since you don't have a physical store, you don't pay rent for your business, and more
Cons: You don't see your products, warehouses might ship a broken or wrong product, deal with customer complaints, etc.
In conclusion
It is hard to live on one source of income because you might lose your job one day. What would you do if you lost your job? It is always better to have more than one income stream because if income stops, another one can help you survive.
Starting a side hustle and growing it to where it can make a passive income is one of the most incredible feelings anyone can have. Financial freedom doesn't come cheap because you have to sacrifice something to become free. You can offer your time, sleep, and other things to ensure that you will live the life you want down the road when your side hustle is generating enough income.
Do you have a side hustle that you are working on right now?
Let me know in the comment, and don't forget to subscribe to our mailing list so you can get our weekly blog posts! Also, click here to learn how to create a generation wealth that you can pass on to your loved ones.
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