5 Side Hustles To Help You Get Out Of Debt
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5 Side Hustles To Help You Get Out Of Debt
If you find yourself struggling with debt, you are not alone. Many people face financial challenges, but there are ways to overcome them. One effective strategy is to find a side hustle to bring in extra income and pay off your debts faster. In this article, we will explore five side hustles that can help you get out of debt and achieve financial freedom.
1. Freelancing
Freelancing is a popular side hustle for those with professional skills. If you have expertise in areas like design, engineering, writing, marketing, or any other field, you can offer your services on a freelance basis. Websites like Upwork, Fiverr, and Freelancer can connect you with clients who are looking for your skills. By leveraging your professional background, you can earn a significant income that can help you pay off your debts quickly.
2. Driving for Ride-Hailing Apps
Driving for ride-hailing apps like Uber and Lyft is a flexible and lucrative side hustle that can help you earn extra cash. You can work whenever you have free time and choose your own hours. While there are expenses associated with this side hustle, such as gas and maintenance costs, the potential to earn a good income is high. Make sure to factor in these expenses when calculating your overall earnings.
3. Reselling
Reselling items online can be a profitable side hustle for those who have a knack for finding valuable items at thrift stores, garage sales, or flea markets. By purchasing items at a low cost and reselling them at a higher price online, you can make a significant profit. Websites like eBay, Poshmark, and Etsy are popular platforms for reselling items. Research popular trends and niche markets to maximize your profits.
4. Pet Sitting and Dog Walking
If you love animals, pet sitting and dog walking can be a rewarding side hustle that can also be financially lucrative. Many pet owners are willing to pay for reliable and trustworthy individuals to care for their pets while they are away. Websites like Rover and Wag connect pet owners with pet sitters and dog walkers, allowing you to earn money by providing pet care services. This side hustle can be particularly beneficial if you live in a pet-friendly area with a high demand for these services.
5. Handyman Services
If you are skilled in home repairs, maintenance, or landscaping, offering handyman services can be a profitable side hustle. Many homeowners are looking for reliable individuals to help them with various tasks around their homes. By marketing your services locally or online, you can attract clients who need assistance with projects such as painting, plumbing, gardening, or general handyman work. Providing quality services and building a positive reputation can lead to repeat business and referrals.
In summary, finding a side hustle that aligns with your skills and interests can help you generate additional income, pay off your debts, and achieve financial stability. By exploring different opportunities and being proactive in seeking out new sources of income, you can take control of your finances and work towards a debt-free future.
Definitions:
Side Hustle: A secondary job or income source in addition to a person’s primary job.
Debt: Money owed to a person, organization, or entity, typically as a result of borrowing funds.
source
Comments (28)
@matthewlynaugh5797says:
March 15, 2024 at 12:53 amThe gig economy is going down hill!
@jarvisr6571says:
March 15, 2024 at 12:53 amThe side hustle/second job I do is refereeing. Can't make a ton of money (only so many games) but I make about $80 an hour and games are on the weekends
@ludicrousspeeds4938says:
March 15, 2024 at 12:53 amOnly problem now, is that side hustles for the sake of side hustles are now illegal. All side jobs will now have to be considered employment to be considered legal starting this month. Employers will also be audited to see if their employees have side jobs. If a large portion of their employees have more than one job, the company can be fined and forced to increase its salary.
Thank you Biden. You now just made the life of 80 million people harder.
@passionfruitpassionfruit2034says:
March 15, 2024 at 12:53 amThe only jobs paying is drug dealing n human trafficking
@passionfruitpassionfruit2034says:
March 15, 2024 at 12:53 amSad to say Americans r leaving the country in droves corporate greed is not sustainable. It’s not cuz people r buying stuff they can’t afford its basic necessities u can’t afford housing food utiltlires folks being forced to use credit cards cuz the jobs r not paying don’t u guys get this stop blaming the average joe when it’s the companies stealing our wages
@passionfruitpassionfruit2034says:
March 15, 2024 at 12:53 amThe problem is even with college degrees none of the jobs r paying liveable wages. Wage theft for last 50 years. Side hustles not enough. If your not a doctor or lawyer u r working for free if your a landlord the tenants r bad to deal with. Only the criminal gigs r paying lots of drug dealing going on in the high schools teacher jobs not paying hell if the teachers r selling drugs to make ends meet
@phillipdencklau1485says:
March 15, 2024 at 12:53 amI started my side hustle 7 years ago on Amazon selling used books. Still selling today and wholesale as well.
@erinadams2968says:
March 15, 2024 at 12:53 amI’m good, individuals can pay me for time wasted. The fact that individuals want to make this public for a story is THE MOST IMMATURE thing ever! Especially when they threw me out of my own apartment, and college on purpose.
@BirdDogey1says:
March 15, 2024 at 12:53 amKen Coleman’s experience?
@theresakiddsays:
March 15, 2024 at 12:53 amGrocery delivery. Everyone needs groceries. No one wants to go to Walmart. People think it’s a better investment to tip a grocery delivery driver than it is to tip a pizza delivery driver. This past Saturday, in a small town, made $350.
@wobbuffetbuffetsays:
March 15, 2024 at 12:53 amDON'T DO RESELLING. Reselling was great. 3 years ago. But now with the flooding of resellers marketplaces are clamping down and being more restrictive on who can sell. More importantly the flood of resellers dramatically drove up the prices at Goodwill and other thrift stores.
Lots of people have tried it as a get rich. They rack up credit card debt buying stuff they hope to flip for a profit. After merchant fees, storage, interest and the cost of their own time cleaning/photographing/writing listings profit is much harder to achieve than many people think. That and marketplaces have become weary of new resellers because of the flood of garbage ones and fraud so they are more selective about who can open up shop.
Better profit right now is dog poop pickup if you live somewhere where there was snow. Lots of people will pay good $$ to not have to clean up all that winter poop build up.
@GeorgeC2024says:
March 15, 2024 at 12:53 amHello and good afternoon. I hope that you are well. Does this really work, and can I take your email ? I am really trying to make some money to support living and costs and help me pay for the dentist. I would be very grateful for some help honestly. George.
@user-wx2li1jc9rsays:
March 15, 2024 at 12:53 amThere is a guy I use maybe once or twice a year who cleans our cans out. I mean it's like maybe $10 a can, but he has a big water tank, a custom rig he built to hold the cans during cleaning, and afterwards they're clean enough to eat out of. Great side hustle for him and such a great service to offer.
@glory3670says:
March 15, 2024 at 12:53 amHow do you get started in pressure washing? I have no issue doing this and have a really nice pressure washer.
@mac5856says:
March 15, 2024 at 12:53 amI wouldn't pay anyone to power wash my garbage can and I have never seen it ever in any neighborhood ever.
@mac5856says:
March 15, 2024 at 12:53 amI'm going to assume they will say get a side hustle for everyone who has a full time over 50 hours a week salary job for people who can't invest for retirement?
@The_GreatEscape91says:
March 15, 2024 at 12:53 amYou can make it its possible its just going to take alot of work just keep grinding man there aint no excuse just keep grinding create a system it aint over till you six feet under you either fix your situation or dont thats on you!!
@ultrasophisticate_says:
March 15, 2024 at 12:53 amRich people don't become rich overnight. What most people see at a glance wealth, a great career purpose is the result of hard work and hustle over time. I pray that anyone who reads this, will have a successful growth
@mediocreleagueplays5218says:
March 15, 2024 at 12:53 am1500 for a square space site is criminal. It makes it hard for web devs who build good, custom, working sites to charge a fair price.
@user-bg3gp9mi7usays:
March 15, 2024 at 12:53 amHustle “culture” assisted in killing the American dream of a standard workweek to live moderately by buying into having to work extra to get by.
@jbcunn15says:
March 15, 2024 at 12:53 amSome of these don’t take into consideration that some people live in very poor areas.
@Mayor1248says:
March 15, 2024 at 12:53 amI keep loosing in real trade but win in Demo.
Should I give up on Trade?
What should I do?
How may I do better?
What I'm I doing incorrectly?
@brad8710says:
March 15, 2024 at 12:53 amSTOP SAYING UBER AND ALL THE OTHER GIG APPS ARE A “SIDE HUSTLE” it’s our FULL TIME JOB !! So annoying it’s like me telling a doctor that what he’s doing is a “SIDEHUSTLE” .. so hurtful man to say man. Smh 🤦♂️
@donaldgrafton9921says:
March 15, 2024 at 12:53 amRefereeing! I started with no experience except playing and coaching soccer and made about $6000 in the first year. I had to invest about $300 for the class, uniform, etc. The best thing about it is that I get to set the schedule. For high school games, it pays almost $1/min! Some folks do multiple sports.
@ProPatto16says:
March 15, 2024 at 12:53 amThe fact such side hussles even exist today tells you money is easier to come by now than 30-40 years ago. If you’re paying for your garbage bins to be cleaned, your dog to be walked or your car to be cleaned, you can’t complain about cost of living.
@notabannedaccount8362says:
March 15, 2024 at 12:53 am7. Organ Black Market
@r.g.5922says:
March 15, 2024 at 12:53 amCareful now days everyone can sue just about for anything 😏😒
@supersport6987says:
March 15, 2024 at 12:53 amOne thing that I would like to point out, because I see a lot of comments about how people are unable to get by anymore on 1 income and that people are expected to have more than one job, or demand that companies pay more.. when I look around at the people in my life who are struggling almost every single one of them have horrendous financial discipline. With the amount of stuff you can by on Amazon, the cost of door dash, and all this shit that Americans frequently spend money on its no wonder they can’t support themselves but they are blaming it on inflation. Ramsays show tells us how to get out of debt but not many people want to hear that they are spending too much money because they are addicted to spending it. I know inflation has gotten bad but you can’t expect to spend money the same way as you were if you know money is getting tight. Just my two cents.