A side hustle is something you do to make extra cash while still working on your main job. This can be a new business that you launch or a side gig to help you make more money than your regular job provides.
Why do you need a side hustle?
With the current cost of living getting higher every day, it only makes sense to find ways to make more money. A lot of people’s main income just doesn’t suffice anymore. So, getting a second job or starting a side hustle becomes a somewhat necessary thing to do. Like it or not, in order to be more financially stable you need to be able to make more money. Of course, it’s also very important to learn how to better manage your finances. However, the first step to becoming financially free is making sure you make enough money.
Another reason, you might want to start a side hustle is the fact that your side hustle can potentially become your main source of income. If you like the flexibility of choosing your own hours and becoming your own boss, this is something to consider. Becoming your own boss can also help you stay closer to your family and enjoy precious family time with your loved ones.
If you’re worried that you will have to invest a lot of money to get started, think again. It is possible to start your side hustle for close to nothing. It all depends on the type of side hustle you are looking to start and how big you’re willing to go at first. So, here are 10 side hustles you can start this week for free or close to nothing.
1. Rent out your unused space
A lot of us have a bigger space in our house or apartment than we have use for. Do you have an extra room you barely use? If you do, you can make money renting it out and you don’t even have to rent it out for the whole month. You can choose to rent your room short term to make money. You can list your room on Airbnb and choose the days you are comfortable sharing your space. By listing your room on Airbnb you will reach people from all over the world. If you’d like to learn about the pros and cons associated with listing your room on Airbnb, this is a great article that explains everything in detail.
If you prefer renting out your room locally, you can list it on Kijiji, craigslist or Facebook Marketplace. Always make sure to screen people the best way you can continue getting the benefits of renting out your space and making extra cash.
2. Sell homemade Food
Food is a big part of our life. You can rarely go wrong with selling food if you know what you’re doing. If you love to cook and have had compliments about the food you make, you can make great money selling your creations. You can start your food business from the comfort of your home and advertise your menu to friends and family and on social media. This side hustle doesn’t require a lot of capital to get started. All you need are the ingredients necessary to make the food you sell. Make sure you learn about your province’s regulations. In some provinces in Canada, if you are preparing food to be sold to the public, you need a license in order to get started in the business.
3. Cleaning Service
Although this is not a very glamorous side hustle, you can make very good money starting a business like this. If you enjoy cleaning, this side hustle is perfect for you. You don’t need to invest tons of money to start a cleaning business. All you need to get started are some cleaning supplies. Advertise your service online or hand out flyers to start getting clients.
4. Child care
Child care is another easy way to start a side hustle. Parents will always need someone to look after their children while they go to work, run errands or enjoy a date night with their partner. If you love kids, this can be a really lucrative side hustle. You will make more money if you can offer to babysit during the evening or at night. As you can imagine, some parents work during the night and can sometimes have a hard time finding child care during that time.
This side hustle requires absolutely no investment on your part. You can find babysitting gigs online at any time and you can also list your services on social media. If you have kids of your own, you can offer to accept kids in your house to babysit them. Not only will your kids love making new friends but you will also make money in the process.
5. Sell or flip second hand items
There is a good chance you currently own some unused items around your house. You can resell these items to make extra money. While you will eventually run out of things to sell from around your house, you can start making a decent amount of money from things you already have in your house that you have no use for.
Plus, if you’d like to keep selling and enjoy it you can also find items for free or very cheap and resell them for a great profit margin. You can find these items on Facebook marketplace, kijiji or garage sales. As long as the items are in decent condition you can flip them and make decent money. You can list your items on eBay, kijiji, Craigslist or Facebook marketplace right away and start making money. You can start this side hustle this week and you will need very little investment to get started.
6. Personal training
This is a very lucrative business you can start at any time. People are always looking to be fit and want someone to train them and help them reach their goal. If you are somewhat knowledgeable in this field, start searching online for a clientele to service.
7. Moving service
There is a lot of money to be made helping other people move. A lot of people don’t like the moving process and the physical effort that goes along with it. Because of this, a lot of people prefer to pay for someone to handle it for them. If you have a pickup truck, you can help people move by carrying boxes and furniture for a fraction of the cost professional moving services would charge. If you don’t have a pickup truck, the person moving will rent a truck and you can offer your muscles to carry boxes and furniture. This side hustle can also be started for nothing and is perfect for you if you don’t mind a physically demanding job.
8. Care giving
There is a lot of satisfaction in making other people’s lives easier. A lot of seniors live in their home instead of the nursing home and they need assistance with their daily living. Depending on the case, you might help prepare food for them, clean their house, help with their daily hygiene routine, etc. Some of them are just lonely and want company or assistance running errands. This side hustle is perfect for you if you love helping others and can make someone’s life easier by helping them stay comfortable in their own home. You don’t need any money to get started on this side hustle.
9. Interior decorating
If you love to decorate and have had compliments about your decorating skills, you should consider starting this side hustle. You can make flyers and create posts online containing pictures of decorations you’ve made. People like to have visuals of past works that you have done or can accomplish for them. You can start this side hustle this week and don’t need any investment to get started.
10. House sitting
Some people prefer to have someone stay in their house when they are away so there’s someone close by in case of an emergency. You can find house sitting jobs online on sites like Craigslist or Kijiji or advertise your services on those sites. You don’t need any investment to get started on this side hustle.
Bottom line
In order to get ahead financially, you need to find ways to make more money. Having a side hustle helps you not only make extra cash but it’s also another stream of income you can count on in the unfortunate event that you lose your main income. If people are willing to pay for a service, why not create a business that offers that service and make money? Start your side hustle this week to start building a strong financial future.
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