Turn your side hustles into an extra $3,500 a month – here’s how

Join the 36% of Australians earning up to $3,500 extra each month.

With the cost of living and inflation rising fast you might be looking for ways to make some extra money. That has led to many Australians to get a side hustle.

Data from Finder’s Consumer Sentiment Tracker, which surveys 3,465 people, shows that 36 per cent of Australians have a side hustle to pay their bills and reduce debt.

The most common side hustles include being an Airbnb host, where you can either rent out just a single room or your entire house if you’re away. Airbnb hosts can earn up to $3,000 per month, with the average annual income being $5,600.

Finder data also shows that if someone worked as an Uber driver in Sydney for 38 hours a week they could make $41.71 per hour or $82,435.42 annually. In Canberra they’d make $25 which equates to an annual income of $49,400. These figures are before Uber takes its 27.5 per cent cut.

If you don’t want to drive people around, then you can also consider renting out your car when you’re not using it.

Car Next Door is a peer-to-peer car sharing platform that has enabled people to offset the cost of their car. One user, Rob, has a fleet of cars that can make him up to $3,500 per month (before costs).

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During the quieter months he still does okay and makes around $1,500. The reason he’s been able to make it a success is because he has always approached it as a business and doesn’t get attached to his cars.

Do you have a driveway or garage? If so then you can rent it out if it’s unused. Website, Spacer is a platform that allows you to rent out your space. It’s even more worthwhile if you live near a train station.

If you’re happy to lend a helping hand for some extra cash, Airtasker users post and bid on tasks and extra income ranges from $135 for a pick up and delivery job to $676 for a painting job. This is based on posts running at the time of writing.

Other popular options on the website are removalists ($167), residential cleaning ($181), handyperson ($346), gardening/lawnmowing ($195), furniture assembly ($182), pick up and delivery ($135), waste disposal collection ($165), mechanic ($251) and plumber ($284).

Those with other skills like writing or graphic design could also use Airtasker where you can make anywhere from $5 to $8,000 per job, depending on the specifications. Airtasker also takes a cut of your earnings. They will take between 15 and 20 per cent, so if the job was worth $100 then you would be paid $80 to $85.

If you’re a people person and you have a skill then you can advertise tutoring services on a website like Gumtree, or if you’re a cook then offer cooking classes or online tutorials from the comfort of your own home.

Animal lovers can go through platforms like Mad Paws which will help you find pet sitting services in Australia.

Then there are more traditional ways to generate some extra income like babysitting. You’ll require a Working With Children check and a First Aid Certificate before you can start. You can also offload your old clothes or furniture at markets or on Facebook Marketplace or Gumtree.


Source: https://reallysimplemoney.com.au/making-it/best-side-hustle-sites/?utm_source=rss&utm_medium=rss&utm_campaign=best-side-hustle-sites