We’ll examine how these 20 Lucrative Side Gigs can help someone make an extra $500 per week in this post. According to LendingClub research, prices are rising everywhere, leaving roughly 66% of Americans dependent on their paychecks. As a result, according to LendingTree, 44% of people have taken up a side gig—a 13% increase since 2020.
Regardless of income level, Anuj Nayar, LendingClub’s financial health officer, emphasizes the significance of supplemental income for financial security. One must take into account their preferences, goals, time commitment, work-life balance, and level of involvement in order to decide if a side gig is good for them. A few hours a week even goes a long way toward earning several hundred dollars a month, which might help with rent increases and other expenses.
They provide chances to test out business ideas, follow passions, and supplement income without having to leave a primary employment. Side projects can lead to personal fulfillment, skill development, and financial flexibility. Dedication, time management, and market demand are just a few of the elements that affect success. For those who are prepared to put in the work, side gigs can lead to extra revenue streams, job development, or even full-time self-employment, but they do demand effort and perseverance. See The 15 Best Side Hustles From Home for more information about side gigs.
How Can I Earn An Additional $500 Per Week?
Using websites such as Airbnb Inc (NASDAQ:ABNB) is a good method to make an extra $500 every week. You can post your additional space on Airbnb for short-term rentals if you have an extra room, apartment, or even a vacation house. Through the optimization of your listing with eye-catching photographs, reasonable pricing, and well-considered amenities, you may draw in visitors and make steady revenue. It’s among the greatest techniques to generate $500 per week in passive income.
Think about using smart hosting techniques to increase your earnings by $500 with Airbnb Inc. throughout the Christmas season. First, make the most of listing visibility by improving photographs, updating descriptions, and establishing competitive pricing. Profit from seasonal demand by providing packages or amenities with a festive theme.
Additionally, think about focusing on specialized markets or meeting certain needs of travelers, such offering family- or pet-friendly hotels. Providing extra services like dinner packages, guided tours, and airport pickups can increase revenue even further. Positive evaluations and repeat business are also encouraged by being accommodating with booking policies and quickly attending to any questions or issues raised by visitors. With the right occupancy rates and great hospitality, hosts can easily reach the $500 threshold during the busiest holiday seasons.
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Here’s a story to help illustrate how profitable it may be to make money with Airbnb Inc. Jamie Stark Inlow started a new journey in 2019 when she moved to a small farm in Scottsville, Virginia, and quit her 9 to 5 career. With perseverance, she launched her property management company, Be Still Getaways, by turning a neighbor’s empty flat into an Airbnb Inc listing.
By 2022, Be Still Getaways had made slightly less than $2 million, and by 2023, earnings were expected to reach $3 million! But there were obstacles in Inlow’s way; at first, she had to work three jobs and put all of her earnings back into her business. Nevertheless, her planned scaling and unwavering persistence paid off, allowing her to leave her other professions and dedicate herself entirely to her growing business. You can do it too, if she can! See The Best Ways to Generate Passive money for Beginners for more ideas on how to generate passive money.
Top Earning Side gigs for 2024
In 2023, the top global job marketplace, Upwork Inc., released a list of the most sought-after skills in several industries. Businesses are depending more and more on independent contractors due to the persistent lack of skilled workers. Furthermore, 60 million Americans worked as independent contractors in 2017, accounting for 39% of all workers—a record number. See the Most In Demand abilities for Freelancers to learn more about in-demand abilities for freelancers.
Notably, there was a significant increase in sales and business development, bookkeeping, data entry, and 3D animation from year to year. According to the Upwork Inc research, the freelance sector presents a promising future for professionals in the face of economic uncertainty by providing opportunities for income diversification and skill acquisition. As a result, a lot of the typical side gigs in 2024 will be remote jobs.
Additionally, Upwork Inc. provides a platform for freelancers to interact with clients worldwide and display their expertise. From writing and programming to design and marketing, freelancers can locate opportunities that are specific to their areas of expertise in a wide range of categories.
The platform streamlines the freelance process by facilitating payment processing, project management, and communication. Nonetheless, there can be fierce competition, so independent contractors must set themselves apart with superior customer relations and high-caliber work. To earn continuous tasks and great ratings, success on Upwork Inc frequently depends on developing a strong profile, producing outstanding outcomes, and maintaining positive client connections.
20 Side Gigs to Make $500 Weekly
20. Cleaning and organizing
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In major cities like New York City, San Francisco, and Washington, D.C., housekeepers often make more money—up to $500 per week on occasion. Because living expenses are higher and there is a greater need for home services in these areas, wages are rising.
19. Website Tester
Website testing is a profitable side business that those looking to increase their income might pursue. Projects paying up to $55 per hour are available from companies like TestingTime, and funds are transferred straight into PayPal or bank accounts within ten days. It’s an adaptable and convenient option to supplement your income.
18. Stock Photo Sales
Photographers who want to make good money from stock photography need to concentrate on three things: quality, market demand, and strategic investment. Photographers can draw in more customers by creating excellent shots that fit in with trending topics. Diana Mironenko, who may make up to $700 every picture, is an example of someone who has achieved success by specializing on a certain area and working consistently.
17. Petsitting
Pet sitting has become into a lucrative summertime gig, paying up to $40 per hour. Pet owners want dependable care for their dogs as the number of trips increases. Care.com and Rover are two platforms that can connect people, however there are costs involved.
16. Instant Mystery Shopping
Mystery shopping is the practice of employing individuals, also known as “mystery shoppers,” to covertly gauge and record customer satisfaction levels, rule compliance, and general service quality provided by businesses.
Mystery shopping services are provided by Service Evaluation Concepts for well-known companies like Aveda, Cartier, and Macy’s. With advanced training, certified brand agents are eligible for VIP assignments and have the potential to earn between $10 and $50 per hour.
15. Writing a Resume
Create a decent website to start building your internet profile before taking on resume writing as a side gig. Even if you’re just getting started, you can command reasonable prices at first, like $150 per hour, and then raise them step by step as you develop experience and demand increases. Make the most of your experience and background to set yourself apart, and make a consistent effort to grow your skill set by pursuing certifications and educational possibilities. One can easily make $500 a week from home with this side business with very little effort.
14. Hauling Junk
The removal of undesired objects, rubbish, or debris from a specific location—typically a residential or business property—is referred to as junk hauling. This can contain various random objects that the owner no longer needs or wants, such as appliances, furniture, yard debris, and construction materials.
According to our research, the average cost of rubbish removal services is between $150 and $350, with most jobs lying between $70 and $570. The average cost is about $1.50 per square foot when expressed as square footage.
13. Proofreading and Editing
The price of proofreading varies according on the market and skill level. Although they may charge more, seasoned proofreaders provide faster, more specialized, and better work. In order to attract clients, inexperienced proofreaders might offer lower fees. Depending on competence, charges on sites like Upwork Inc range from $20 to $60 per hour. It’s also among the Senior Low-Stress Jobs.
With this side project, one may easily make an extra $500 each week without spending any money.
12. Online Marketing
Internet advertising has evolved from a risk to becoming a vital component of many businesses’ marketing plans. Digital advertising in the US has been growing at a double-digit rate every year, and in 2022, total spending on the medium will be $209.7 billion, up 10.8% from the year before.
With a development potential as great as this industry, one may definitely use these internet side gigs to make an extra $500 each week.
11. Video Editing
The typical yearly compensation for editors of films and videos was $63,520 in 2021. The majority of them work in offices or studios, while those in the film business occasionally struggle to find work. It usually requires a bachelor’s degree in broadcasting or film, as well as competence with digital cameras and editing software. It is projected that between 2016 and 2026, there will be a 13% rise in jobs in this industry. Without experience, it’s one of the jobs that pays $500 each week.
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10. Voice Over
As Alice Everdeen’s experience shows, doing voiceover work as a side gig could be profitable. Through her work on Fiverr and other sites, Alice made around $200,000 in less than two years, with the possibility of earning $15,000 a month. Her friendly voice brought in a lot of business, even though she had only planned on small profits at first. In a matter of months, her full-time salary was matched.
9. Bookkeeping
One can handle money for freelancers or small businesses using software and rudimentary accounting knowledge, working from home and earning additional cash while offering crucial services that are vital to the financial stability of organizations.In the US, a bookkeeper makes, on average, $21.85 per hour.
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8. Internet Assistant
Virtual assistants in North America with over 1,000 hours of experience and a 90% success rate often get paid at varying rates depending on their level of skill on Upwork Inc (NASDAQ:UPWK). While marketing/customer service/accounting support VAs make $20–35+ per hour, administrative/data entry VAs make $12–20+ per hour. VAs with advanced, executive, or consulting experience make more money per hour—between $38 and $50+. It is among the simplest side gigs to earn $500 each week.
7. Graphic design
The average fee for graphic designers on Upwork Inc (NASDAQ:UPWK) is $25. Prices could change according to reputation, experience, and level of skill. For quicker, more valuable work, seasoned designers could charge more.
6. Local Guide on Tour
People are actively seeking out vacation and leisure opportunities despite a general trend of “lockdown backlash,” despite an 87% recovery in worldwide tourism recorded between January and September 2023. Local specialists might benefit from this surge in demand by, for example, providing customized tours on websites like Viator or ToursByLocals. There is a market for a variety of experiences, such as a crime tour of Los Angeles or a craft beer tour in Denver that starts at $58.
5. Tutoring online
It fits different obligations and lives because you may work from anywhere with an internet connection and set your own hours. Furthermore, there is a growing need for online tuition, which can accommodate a broad range of age groups and subjects. This side project can also be developed into a full-time company.
Teacher Jade Weatherington, for instance, turned her side gig of online instruction into a successful content company that brings in $10,000 per month. She started off as an individual tutor before starting Ashantae Academy on Outschool in 2020, when she made $42,000 during the epidemic. She added seven instructors by April 2022 and had 60 courses available.
4. Affiliate marketing
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Taking into account affiliate marketing as a side business provides a profitable way to make the most of social media presence. Using affiliate links, showcasing adored products on sites like YouTube, TikTok, and Instagram can result in earnings. With the exception of time and creativity, this side project requires little capital and offers flexibility and scalability. Through the strategic alignment with affiliate opportunities found on well-known platforms like Amazon and Target, people can create lucrative side gigs by generating passive income streams from their hobbies.
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3. The practice of dropshipping
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Dropshipping is a fantastic side business that has many benefits, especially for people looking for little initial investment. You may launch an online business via dropshipping without having to set aside money for inventory. You may create an online brand presence and curate products by using platforms like Spocket and Ali Express. Your chances of success are increased by researching best-selling products on Amazon with the aid of programs like AMZ Insight or Jungle Scout. Notably, in 2021, one business owner used dropshipping to generate over $1.7 million in income.
2. Audio transcription
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Strong keyboarders can make at least $20 per hour transcribing audio; those with legal or medical backgrounds may be able to make more. Using platforms such as TranscribeMe, one can monetize this expertise and have workload freedom.
1. Copy wiritng
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Copywriting may be a very lucrative side gig on Upwork or other platforms, especially when you take into account all the different elements that influence prices. Copywriters can charge anywhere from $50 to $10,000 per job, depending on the project’s complexity and area of expertise. This is the maximum potential income. Furthermore, the freedom to select clients and projects fits nicely with a side gig’s requirements. There are lots of opportunities, such as creating blog entries, sales landing pages, and PPC ads. It is the most lucrative side gig, earning $500 per week.
