5 Legitimate Side Hustles To Make Money Online

Whether you love or hate hustle culture, it is undoubtedly one of the fastest-growing trends in the world of work.

This phenomenon arises from various factors, including the rising cost of living, witnessing the successes of others, or a personal desire to blend passions with profits. 

Thanks to the online realms of the internet, thousands of us have been able to tap into our skills outside of working hours and begin earning extra income.

However, the world of side hustles can also be murky, with plenty of ‘too good to be true’ tales out there. That’s why we’ve curated some of the most legitimate and accessible side hustle ideas for you to start making money online!

Teaching English Online 

If you?re one of the 400 million-odd native English speakers around the world, teaching English is one of the most natural ways of making money online. Platforms such as Teams, Zoom, Skype, and Hangouts have helped make learning far more accessible and flexible than ever before for both students and teachers. 

Alongside being a native speaker, a TEFL certificate from a course provider such as The TEFL Academy is required to teach English. Being a tutor online allows you to set your own schedule, lesson plans, and pay rates. 

Platforms such as Preply, Cambly, and VIPKid are all legitimate marketplaces to kickstart your side hustle with teaching English to Chinese speakers, Japanese speakers, and Korean speakers being some of the most in-demand fields to find work in. 

Podcasting

Everywhere you look online these days, it seems there’s someone sitting at a table with a microphone in front of their face. Podcasting has become one of the hottest trends online over the past few years, and there’s still ample opportunity for you to carve out a slice of the pie for yourself. 

With next to no start-up cost attached to it, if there’s a subject or topic you are either an expert in or passionate about, you can start making money on platforms like Anchor, Buzzsprout, or Spotify. 

Once you’ve started generating a buzz and have a steady stream of visitors on your podcast, you can begin to monetize your efforts through paid promotions, affiliate marketing, and other sponsorship opportunities. Every smartphone, tablet, and laptop comes with recording software, making it hassle-free and cost-free to store all your content.

E-commerce Reselling

For those who think becoming the next Joe Rogan might veer a little too much into the realm of fantasy, one of the most scalable and proven online side hustles revolves around e-commerce reselling. Online reselling functions the same way as its alternatives, ‘IRL’, where you buy, stock, and sell items, flipping them for a higher price than what you bought them for. 

From Facebook to Vinted, there are dozens of legitimate online marketplaces that allow you to set your own prices, haggle with buyers, and gradually ramp up production as you grow. Compared to other side hustles, e-commerce reselling comes with more start-up costs (mainly around purchasing stock), and it’s important to keep track of other competitors’ pricing to ensure you’re not underselling your value or pricing out your customers.

Photographer

Being a photographer is another viable online side hustle that allows you to begin making money from something you’re both skilled at and passionate about. Unlike some of the other ideas on this list, this is a hybrid option, meaning your time will likely be split between working on your laptop/PC and at various locations. 

You can make money in photography through either commission for projects or through a percentage of sales for every purchase or download your work generates. Selling images to stock sites is one of the most accessible ways of getting your photography side hustle off the ground, with freelance photographers making $33 per hour on average. However, this is another side hustle that comes with a significant start-up cost. 

Employers and customers are only going to purchase top-grade material. This means you’ll likely have to invest in high-quality equipment, ranging from a camera to editing software, to elevate your work to standard.

Related: Small Budget Investing: A Few Strategies To Start Investing On A Small Budget

Online Survey Respondent

One of the most tried and tested ways to make money online is by responding to surveys. Companies and organizations use surveys as a means of identifying how their customers behave and where they need to improve, both in terms of feedback and acquisition. 

These companies are willing to compensate those who give up a few minutes of their time to respond to their survey questions. This side hustle doesn’t offer any routes to passively generate income, but it is one of the easiest ways to actively make money as it only requires you to fill in answers about yourself. 

Platforms like Swagbucks and iSay remain among the most reputable, with most surveys rewarding respondents with roughly $5 per completion.

Why Are Passive Income Sources Important? 

In today?s world, one thing that we are all missing a lot is time. We want to grow bigger, better, and quicker. As such, relying on a single source of income is not adequate. But as an explanation, this will not yield lucrative results. Your salary, or monthly paycheck, is able to take care of your everyday necessities. But when we see the bigger picture, it is not adequate. 

Passive income sources are likely to be generated on their own, which paves the way for focusing on other business areas. Not only are you expanding your money sources, but also getting diversified knowledge and experience. This contributes to your overall development and eventually helps you get rid of poverty and other economic problems. 

Final Words

If you still don?t work towards creating a passive income source for yourself, it?s high time to do so. It is a wonderful source to make your dreams come true. With all these tips sitting right next to you, there should not be any dependency left. 

Get the freedom to live life on your individual terms and say goodbye to all financial risks. With this, it?s the end of this comprehensive guide. Tell us what your secret is to passive income in the comment section below. Thank you for reading till the end.

I hope you liked the article. 

Read Also:

• How Do You Control Impulse Spending And Save Money?
• How Do Hard Money Loans Differ From Traditional Loans
• Money Market Funds: Types, Advantages, And Disadvantages