Having good financial health is always important for multiple reasons. It means you can steer away from unmanageable debt, maintain a good credit score, and save up for things that are important to you.
One way that people are boosting their financial health is with a side hustle to supplement their income. The great thing about side income is that if one income source falls through for whatever reason, you have something to fall back on.
So, here are some simple ways to make money from home:
Sell custom products
If you are crafty or keen to learn, selling custom products like jewelry, household décor, or even fashion items can be a great way to make money. The rise of Etsy stores has seen countless people open upside businesses selling pieces of jewelry, handmade gifts, customized picture frames, printed T-shirts, and much more.
The possibilities are endless when it comes to selling custom products. You could make your own unique products or even go into the print-on-demand business.
The latter is a much lower-risk, lower-investment route. This involves using a supplier to sell products with your designs. Look at websites like Redbubble which let you sell fun designs on a range of products from mugs to T-shirts to keyrings.
Make gift or subscription boxes
You can buy just about anything in a monthly subscription box these days. But don’t be deterred. Lots of competition isn’t always a bad thing, it just means there’s a demand.
You can find monthly subscription boxes for healthy snacks, chocolate, watches, perfume, pet treats, kids toys, and anything in between. If there’s something you think is missing in the market as a subscription box, why not fill that gap in the market yourself?
If you’d rather not get into that monthly subscription model, another route is to make handmade gift boxes or hampers. During the holiday period, and even throughout the year, gift hampers full of your favorite snacks or household items are always popular.
Most people don’t want to make their own so if you can gather everything together and present it well, it makes a perfect gift – and a great business to start on the side.
Become a content creator
While it’s certainly not an easy thing to break into, content creation has boomed over the past few years. YouTubers, bloggers, Twitch streamers, Instagram and TikTok stars all started somewhere.
If you are interested in content creation, there are tons of tutorials and tips online to get set up and start monetizing your content.
It’s a slow hill to climb but if you love creating content, have a strategy and determination, it could definitely pay off.
Become a freelancer
If you have a talent such as writing, graphic design, video, or audio editing, you could become a part-time freelancer as a way to make extra cash.
Many people get started on sites such as Fiverr or People Per Hour to find clients. But others prefer to go their own route with a website and self-promotion.
A good starting point is to reach out to your existing network to find those who might be in need of your skills. This will help get the ball rolling through recommendations and an enhanced portfolio.
With freelancing, there’s always the potential to turn it into a full-time business. In fact, increasing numbers of people are quitting their jobs in favor of flexible hours and a home office.
Offer dog walking or pet sitting services
As the travel industry is finally getting back on its feet, lots of people want to go on vacation. But they need someone to look after their furry friends. For those who would rather not put their pets in a cold, unfriendly kennel, pet sitting is a great alternative.
Pet sitting varies depending on the type of pets, but it usually involves giving them exercise, feeding them, grooming, providing play time, and ensuring they’re in overall good health. It’s a great side gig for animal lovers.
Sign up to a site like Pet Sitters or Trusted House sitters to post a profile. Simply set your rates, explain what you can offer and wait for people to book you. It helps if you have some experience so a good place to start is with your friends and family. Offer to pet sit or house sit the next time they’re on vacation.
The good thing about making money from home is that there’s endless potential. You can utilize an existing skill and provide services, you can produce products, or even become a content creator. Your most important tools are grit, determination, (and usually internet access) to get started.
Keeping track of your finances can be made easier by connecting your checking account to Thinkflow, a financial app that analyzes past transactions to help you identify spending habits. They will create a forecast of your cash flow by taking into account your income and spending patterns. Thinkflow also provides you with visual tools that will help you make adjustments to your finances and a list of side jobs to increase your income.
If you are still running short on cash this year and in need of a convenient online loan, apply with Jora today.