If you’re all about getting your coin, then you should already know that having multiple streams of income is the easiest and fastest way to do so. You don’t always need to invest or have your own business, sometimes it just comes down to having a solid side hustle that’ll give you the extra financial cushion you need. Here are 5 side hustles to start right now in 2020.
Beauty Service Provider
The beauty industry is valued at billions of dollars is not by accident. Makeup, skin and hair care, waxes, nails, eyebrows, and the like all cost money to be correctly done and maintained.
If you’re willing to take the time out your day to get it done, why not take the time to learn how to do it? Not only will learning a new skill in the beauty industry benefit your pockets, but it’ll even save you a little money in the long run if you know how to do all of these things yourself. If you’re considering utilizing some of your current knowledge or even learning something new, here are a few skills that can be easily monetized:
- Hair braiding and twisting
- Weaves and hair extensions
- Lash extensions
- Eyebrow waxing, threading, and microblading
- Nail tech and art
- Facials and massages
- Wig customization
- Natural hair specialist
- Beauty product sales
- Makeup artistry
- Beauty advisor
- Body waxing
Airbnb Rental, Sublet, and Experience
Airbnb is the go-to spot when searching for safe, clean, and affordable lodging. It’s actually perfect for those of us who don’t really like hotels and want to feel like we’re at home, even when we’re away. If you’ve never used it before, know that the process is simple.
All you have to do is type in the city you’ll be visiting, how long you’ll be staying for, number of guests tagging along, what accommodations you need, and you’re suddenly matched with hundreds of homes and apartments that are perfect for you. It’s an easy way for folks to make some serious cash—which means it’s a side hustle worth consider.
Become an Airbnb host by going through their process and listing your house or apartment on the website. Looking for a roommate for up to 6 months? They’ll allow you to sublet your place through their extended stay feature. Even if you don’t have a place to offer up, Airbnb Experience lets you host your own class, share a hobby, lead an adventure, or volunteer opportunity in your city. Get approved and you’re immediately ready to start making money.
Someone once said, “if you have a skill, you’ll never be broke” and in my experience, this is true. Making money is all about meeting the peoples’ needs and what does that better than an online tutorial? Go on YouTube right now and just take a look at all the beauty gurus, digital artists, musicians, and gamers getting thousands—and sometimes millions—of views simply because they show us how to do what they’ve already mastered.
And it doesn’t have to be some incredibly advanced skills like graphic designing or doing a dope eyeshadow cut crease, it can be something easy for you like teaching non-English speakers the basics of the language, resume editing or jewelry-making.
Whatever it is that you may be good at, pick a platform, write up a post or make a video, and get to teaching. If you don’t know where to start, try Skillshare—an online community where you can share your skills in the form of educational videos and classes.
Work For Uber, Lyft, and Delivery Apps (Even If You Don’t Have A Car)
Apps like Uber, Lyft, and DoorDash are probably the first thing many of us think about when we consider picking up a side hustle for a little extra money. If you have a car, you need to jump on this opportunity ASAP! Now if you don’t have a car, today is your lucky day because both Uber and Lyft have programs where you can rent a car and pay for it with your first few daily rides. You just have to meet the driver requirements and/or live in a participating city.
DoorDash is also a great option if you don’t have any wheels because they give you the option to walk, bike, or ride a scooter if your city is the right fit for it. However, you may still need a valid driver’s license (just in case!) when you sign up to be a dasher.
Being a bartender or server in a restaurant is the best side hustle there is simply because tips will typically keep a little money in your pocket at the end of the day. If you really want to make some money, there a few things you should consider:
- Applying to restaurants that are popular or usually busy throughout the week increases your chances of getting more tips and overall better work experience.
- Working for a high-end restaurant or bar is ideal for bigger tips. Plus, they may hold more weight on a resume if you ever decide to get a similar job with a different business.
- Bartending and service work will always require you to interact with different people every day—some will be pleasant and others won’t. Make sure your personality and level of professionalism align with this type of job.
The financial Leadership Center
By far one of the best investments I made last year was with FLC (Financial Leadership Center). This is a membership organization that teaches people how to manage their money through a variety of financial classes. (investing, personal finance, finance for Gen Z and more)
But there is more to it! They have an interest savings program that allows members to earn recurring income for every member that signs up.
Oh, wait there is more!
They have a robust real estate portfolio and as a member, you get exclusive access to earning income through wholesale deals, managing properties or just plain investing. To unlock the Real Estate portion you have to become a level 2 membership. Read more about them here.
What side hustles do you have planned for 2020?