Finding the right side hustle can be a way to supplement your earnings or try out something new, all in what can loosely be described as your spare time. Whether you are looking to find clients, sell products or just try dog walking, any high-demand part-time day job can be a great way to earn money and passive income. Just ask any financial expert.
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In a Facebook post, Robert Kiyosaki, entrepreneur and author of “Rich Dad Poor Dad,” acknowledged the growing popularity of side gigs across multiple age groups. He suggested these five options that provide the flexibility to earn extra cash anywhere.
Even without a background in education, you could make money anywhere by tutoring students over video conference, audio call or online chat. This is a very flexible option since you can go the independent route and market yourself or sign up for a tutoring platform that helps potential students find you directly. Plus, you could offer help in a variety of subjects, such as business, languages, computer science, math and hobbies.
Requirements for online tutor gigs vary. Tutoring platforms may demand a degree or experience, and you could have less control over your hourly rate. You can get more freedom as an independent tutor since you can set your rate and leverage your experience and skills in the subject. While the subject, work arrangement and other factors affect the pay, Kiyosaki listed a range of $15 to $80 per hour.
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With good listening, computer and writing skills, you could take on a transcriptionist side gig. While watching videos or listening to audio files online, you’ll earn cash by typing exactly what is being said. This requires deep concentration to avoid missing small details and great language skills to make a clean transcript. You’ll need to have a headset, computer, word processing software and possibly transcription software for this work.
You can find some transcriptionist jobs without experience or formal education, though you may need a certification for legal or medical assignments. You can try searching freelance platforms and applying to transcriptionist companies. While transcription jobs often pay by the audio minute, Kiyosaki wrote you can expect around $10 to $30 hourly.
Offering in-demand products online could provide you with a side income. Kiyosaki described how a business was able to make $15,000 selling masks online during the pandemic. You can buy items to resell, create custom products or sell used items you no longer want. A few platforms include Etsy, eBay or your own online store. You can also consider dropshipping if you prefer not to store and ship products yourself.