We are living in the age of remote work and more people are going to online side hustles every day for some extra income. All you need for online work is a computer and a stable internet connection. Of course, you’ll also need some patience and determination, but it is possible to earn a decent income through online side hustles- and possibly even reach the point where you can replace your full-time job with an online one. In this article, we’ll take a look at five of the highest paying online side hustles.
Online Coaching
If you are good a guiding people, online coaching may be a good option for you. There are no special skills needed- and it pays quite well. Simply figure out what you’re really good at and offer coaching in that area. If you’re not sure that it would work for you, consider hiring a coach to guide you through the process. You can learn more about it and figure out if it’s something that you’re truly interested in. Average earnings are around $57,000 per year.
Online Teaching
In the past few years, online learning has become the preferred method for most people because it offers flexibility. Students are not stuck on a specific schedule that they have to be in class at a certain time. Teachers are able to be more flexible as well and can schedule classes around their own schedule. Average earnings are around $47,000 per year.
Virtual Assistant
Many people are starting their own businesses and realize quickly that they don’t always have time for the “details” of the business. This is where they hire a VA to help them. The VA takes care of things like emails, scheduling meetings, and more so that they business owner is freed up to do other things. Average earnings are around $60,000 per year.
Freelancing
Being a freelancer is a lot like being in an office, but with much more flexibility. You can try new things and work with a variety of clients to find what you’re really good at. You are in charge of how much you earn. If a contract isn’t paying well enough, you can negotiate it to make more. Average earnings are around $45,000 per year- more if you have specialized skills such as web coding.
Dropshipping
This is a great option because it allows you to sell products without having to purchase inventory. This means that you can focus on your customer experience and marketing your products. Average earnings are around $50,000 per year.
As you can see, there are several side gig that pay pretty good, if you’re willing to put in the effort to make them work. You can use this income as “extra” money to set aside for other things or you may even be able to replace your full-time income.
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