Top 5 Profitable Side Hustles To Start In 2021

Read on to find out the Top 5 profitable side hustles, and what are some ways to make extra money without budgeting and sacrifice.

11 min read

If you’re sick and tired of:

  • Stressing about paying off your debt;
  • Sacrificing your favourite Starbucks latte just to save-up for a rainy day;
  • And budgeting your daily life away,

This blog post is for you. Read on to find out the Top 5 profitable side hustles, and what are some ways to make extra money without budgeting and sacrifice. 

A Little Extra Cash Can Go A Long Way 

Shopping addictions, credit cards debts, and Ugh! those student loans that never seem to go away - money troubles are such a headache! Getting your financial life together can be a real nightmare if you’re forced to live pay-check-to-pay-check. Moreover, the income from your 9-to-5 job is no longer keeping up with the inflation and the cost of living expenses. 

As a result, more and more millennials are joining the Freelance world, looking for ways to make extra money. An annual study in America found that already 50 percent of the millennial American workforce is looking for ways to make extra money through freelancing. 

Thanks to the conveniences of the Internet, to access the global marketplace at our fingertips, the journey to your financial freedom is no longer a never-ending struggle. No matter where you’re from or what you do for a living, today you can easily make an extra $1000 a month by having a side hustle. Back in the day side hustles were only some ways to make extra money outside of your day job, but nowadays side-husting is a way of life for many.

Working as a Data Entry Clerk I, like many others, was struggling to make the ends meet each month. My primary income wasn’t enough to afford a comfortable living. That’s when I started looking for a side hustle and ways to make extra money. I signed up on Upwork as a freelance copywriter, and that has brought a big difference to both, my wallet and my life.

Despite achieving a greater financial freedom, having a side hustle has helped me boost my confidence about my skills, become more self-aware, and meet so many new people.

Your 9-to-5 job might be enough to provide for the essentials, rent, food, bills, but a profitable side hustle is the Game Changer that will make the difference in your wallet. Having a profitable side hustle will lower your financial worries and it’ll give you the freedom to pursue your passions in life. 

In this post, I’m going to share with you the Top 5 Profitable Side Hustles, that will help you conquer your debts, build your savings and accomplish your goals.

Oh and, you can do them all from the comfort of your couch.  Let’s take a look!

Top 5 Profitable Side Hustles To Start In 2021
Photo by Justin Veenema on Unsplash

Top 5 Side Hustles You Can Start Earning With Right Now

  1. Create & Sell Printables On Etsy 

Etsy is the global marketplace for unique and creative goods. Founded back in 2005, Etsy has become the go-to marketplace for all things crafty. In 2018 Etsy hit over $3.9 billion in annual merchandise sales from over 33 million buyers. 

What most people don’t know is that millions of those sales come from printables and digital downloads. Products like planners, calendars, wall art and stickers, are just a small sample of printables you can sell on Etsy.
And you know what’s the best part of the job? Since you’re selling a digital file, all you have to do is create the product once, and then you can sell unlimited copies, with no additional overhead cost. You don’t have to spend hours crafting product after product.
Selling printables on Etsy is one of the easiest ways to make extra money. So get your creative juices flowing, draft a few ideas, and start earning! 

  1. Invest $5 In Tesla, Amazon, Apple, And Other Companies

You don’t have to be the Wolf of Wall Street to start investing. Even if you’re more of a mouse of Main Street, you can still earn from investing in the stock market.
Nowadays, the Internet has made it easy for people to start investing with as little as $5. The ability to invest in companies with fractional shares is a complete game changer with investing. Instead of buying a full share, you can buy a fraction of a share in companies like Apple, Amazon, Google, and many more.
For example, If you’d like to invest in a high-priced stock like Apple, you can do so for a few dollars, instead of paying for the full share, which as I write, is around $400.
Investing small amounts can still reap big rewards, and which makes investing into the stock market a highly-profitable side hustle. 

Disclaimer: Invest Responsibly.
Before you decide to jump into the exciting world of the stock market, you wanna make sure that you perform an in-depth research to find the best tools and information needed to make the wisest decision when investing your money. 

  1. Begin Working As A Freelancer 

If you’re even a little tech savvy, or have any writing skills, working as a freelancer is a great side hustle to start.
Now that more and more companies are outsourcing to freelancers, there are so many ways to make extra money from online freelancing. Some areas that are easy to get started with are online transcription work, virtual assistant services, and social media management.
Working as a freelancer is a legitimate side hustle that gives you the ability to travel whenever you want, and work on your own schedule. Depending on the side gigs you take on and the platform you use, you could make anywhere from $50 to $2000 a month as a freelancer.

Working as an online freelancer offers many ways to make extra money by enabling you to tap into your potential and capacity to attract wealth and freedom. 

  1. Create An Online Course To Sell 

If there is something that you’re really good at, and you can teach others, creating an online  course about it and selling it, is a great side hustle idea. 

Maybe you’re an awesome graphic designer, a smart programmer, a great dancer or an amazing piano player. You can leverage those talents, or any other skill you have, to create an online course and secure a healthy income. Simply make a script of the sections you’ll be teaching, grab your camera, and record yourself teaching. It’s really that easy.
The best part of the job? You don’t have to deal with angry parents and school politics.
Check out online course platforms like Thinkific and Teachable, to get an idea of the types of course available out there, and what knowledge you can share with the world.

  1. Start A Dropshipping Business 

Dropshipping is definitely one of the best side hustle jobs you can start because it doesn’t need a big start up budget. It is an unique, online business model where a third party manufactures and ships existing products for you. All you have to do is set up your store, price your products, and market your business. 

Starting a dropshipping business allows you to be the owner of your very own business. With dropshipping you can start a business within any of your favourite passions. From gardening equipment to make up and beauty products, almost any niche can be pursued with dropshipping. Therefore a dropshipping business gives you so many ways to make extra money.

Starting a dropshipping business is a low-risk opportunity because products are only shipped when they are purchased, which leaves plenty of room for profit.

Achieving Success With Your Side Hustle

Top 5 Profitable Side Hustles To Start In 2021
Photo by Nicola Styles on Unsplash

The best time to start a side hustle was 10 years ago. The second best time is Today. 

Starting a side hustle is not only one of the ways to make extra money, but it is also a course of action which allows you to tap into your creativity, increase your skill set, and expand your network. However, it’s important to point out that side hustles are not some get-rich-quick schemes. They require a lot of hard work and dedication. But one thing that’s certain is, having a side hustle always pays off. 

If you need some inspiration, motivation, and education on some ways to make extra money, our selection of the top 5 profitable side hustle ideas will serve you well. They are worth anywhere from $50 to $50,000 in a month, and it all depends on your execution.
So roll up your sleeves BossGirls, tie up your hairs, and get to work, because a side hustle is your best opportunity to live life on your terms! 

Summary: The Top 5 Side Hustles You Can Start Earning With Right Now

  1. Create & Sell Printables On Etsy 
  2. Invest As Little As $5 Dollars In Companies With Fractional Shares 
  3. Start Working As a Freelancer 
  4. Create An Online Course To Sell 
  5. Start A Dropshipping Business

Which side hustle appeals to you the most? Do you have a great side hustle that pays well?
Let me know in the comments below! 

Feel free to share this article with anyone who would benefit from reading this at this time in their journey.
For more motivational content that will get you through your daily setbacks, visit our Instagram Page @Bossgirlsnow 

I hope you have an amazing and productive day.

Go on girl, do your thing and be the boss. Xx