5 Side Hustles For Anyone Over Age 40 (Keep Your 9 to 5 Job). Here are 5 side hustles to make $500 per day, if you want to still keep your job.
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***Time Stamps***
00:00 introduction
00:52 1st side hustle for anyone
02:44 Why this video is targeted to people over age 40
04:39 2nd side hustle for anyone
05:12 How to identify your gift, talent, and skills
07:45 3rd side hustle for anyone
10:05 4th side hustle for anyone
10:53 5th side hustle for anyone
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– My 7 Streams of Income After Age 40: https://youtu.be/W28zHCK8W00
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– If You Want To Be Rich, Act Poor: https://youtu.be/9QWdH-t38F4
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– 4 Signs You Are Richer Than You Think: https://youtu.be/z7Uebb1UjoI
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Side hustles are a popular way for people over the age of 40 to earn extra income while still maintaining their 9 to 5 jobs. In this article, we will explore five side hustles that can help you make $500 per day without having to quit your full-time job.
1. **1 on 1 Financial Coaching and Mentoring**
Financial coaching and mentoring can be a lucrative side hustle for anyone with expertise in managing money. You can offer personalized financial advice and guidance to individuals seeking help with their finances. Platforms like Teachable and YouTube can help you market your services and reach a wider audience. Consider creating digital products like e-books or online courses to further monetize your knowledge.
2. **Monetizing Your Skills**
Identifying your unique talents, skills, and gifts can open up opportunities for coaching, teaching, or consulting services. Platforms like Fiverr, Udemy, and ConvertKit can help you market and sell your services to a wider audience. Polling friends and family, reflecting on past jobs, and identifying your natural abilities can help you pinpoint your marketable skills. Practice, perfect, and monetize your talents to generate additional income.
3. **Selling Digital Products**
Digital products, such as e-books, cheat sheets, online courses, and graphic art, offer a scalable source of passive income. Platforms like Canva, Microsoft Publisher, and Audacity can help you create digital products easily. Websites like Teachable and Fiverr can help you market and sell your digital products to a larger audience. Take advantage of the growing demand for digital products and start creating and selling your own today.
4. **Selling on Amazon or eBay**
Selling merchandise on popular online platforms like Amazon and eBay can be a profitable side hustle. Research popular trends and invest in products that you can sell at a markup to earn a profit. Start by selling items from around your home before expanding into other product categories. Consider drop shipping as a low-cost way to start selling online without holding inventory.
5. **Renting or Leasing**
Renting out items or spaces you own, such as cars, equipment, or property, can generate passive income. Utilize platforms like Turo, Airbnb, or RentWorks to advertise and manage your rental listings. Make sure to research local laws and regulations regarding rentals and property management before getting started. Keep detailed records and consult with a CPA to ensure that you are reporting rental income accurately for tax purposes.
In conclusion, side hustles offer a flexible way for individuals over the age of 40 to supplement their income without giving up their 9 to 5 jobs. By leveraging your skills, expertise, and assets, you can create additional streams of income and work towards financial stability. Remember to stay consistent, adapt to market trends, and always prioritize proper tax reporting to ensure future success in your side hustle endeavors.
Definitions:
Side Hustle – An additional job or income source taken on outside of one’s regular employment.
Passive Income – Income received on a regular basis that requires minimal effort to maintain.
source
Comments (21)
@SmartMoneyBrosays:
March 16, 2024 at 9:24 amWhat's YOUR side hustle? Comment below. Are you over 40 with nothing saved? Click here ↔️ https://youtu.be/BiSTCNHt9ts
@demarcussmith3218says:
March 16, 2024 at 9:24 amMy side hustle is Doordash
@josephbailey7408says:
March 16, 2024 at 9:24 amCurrently Pressure washing side hustle.
@hickmanrealtyhumbsays:
March 16, 2024 at 9:24 amI work for a real estate agent during the day and it's a wonderful job! I LOVE to travel….so my side job is a hotel front desk clerk a few evening a week. Of course the extra money is good but so are the employee rate perks 🙂
@cas818028says:
March 16, 2024 at 9:24 amI started an Etsy store, POD created 113 products. No sales 🙁
@billmatthews1293says:
March 16, 2024 at 9:24 amBuy something for a dollar…sell it for two. Repeat.
@backaholic6304says:
March 16, 2024 at 9:24 amHey, I have an app that I have made that is actually on google and Apple, I would love to sell it to a company for some money and couple of points, are you interested in assisting me with getting my app sold?
@juanitapayne3031says:
March 16, 2024 at 9:24 amJust found you on YouTube and subscribed too. Great information!!
@michealsteele3725says:
March 16, 2024 at 9:24 amHey bro, you made a statement about being "comfortable" in positions. Let me retort….I like my job and what I do, but true COMFORT to me is being able to NOT go to work and spend my TIME instead of my money….doing things I WANT instead of what I NEED to do….feel me?
@p.a.a123says:
March 16, 2024 at 9:24 amNo not starting a youtube channel
@john.johnb_online1438says:
March 16, 2024 at 9:24 amThank you , I just now subscribed. I’m now 59. My 12 year old passed 2/23/24 , 3 days before my berth day. I feel so lost, empty . I love what you’re saying.
Thank you.
@tonyslaughter8954says:
March 16, 2024 at 9:24 amBecome a gigolo!
@radhaharilall1555says:
March 16, 2024 at 9:24 amI need to do envelope job.
@johnrubio330says:
March 16, 2024 at 9:24 amGood job buddy!!!
Yes, you have a new subscriber.
@fordgalaxie395says:
March 16, 2024 at 9:24 amHey good morning great video just stumbled on this before work one of the best side hustle videos I've seen straight direct honest to the point awesome job have a great one thank you
@R1ch4rd74says:
March 16, 2024 at 9:24 amYouTube huh? hmm interesting.
@alant383says:
March 16, 2024 at 9:24 amI am an engineer (aerospace) way over 60 with (almost) nothing saved. My only options for retirement are to move to SE Asia and set up other income streams (to supplement a meager pension) like a YT channel but am reluctant to start something because there are so many things, some would take too long to gain traction like offering aircraft structural repairs like i used to do for the Canadian military. I don't know how to start this, maybe YT is not the right media but could be a good advertising beginning. Other stuff is like making up your own ebikes from scratch using Ali Express components as I have done.
Any ideas?
@alzeemhamilton6876says:
March 16, 2024 at 9:24 amProperty inspections
@hedmistensays:
March 16, 2024 at 9:24 amPassion. Purpose. This man loves Jesus and I’m here for it, brother! Let’s go!
@ginadavis2434says:
March 16, 2024 at 9:24 amNew subscriber here – this is an awesome informative video ! Just great, honest content. Not to mention motivational. Thank you for this!
@joe946says:
March 16, 2024 at 9:24 amSports refreee. Fun and make an extra 10k a year.