Are you tired of living paycheck to paycheck? Do you want to have extra cash for savings, debt payments, or just some splurging? Well, a side hustle may be the answer to your financial goals as you can make up to $2000 a month!
With the rise of remote work and digital platforms, making an extra $2,000 a month is now more achievable than ever.
Whether it’s freelance writing, virtual assistance services or dropshipping – there are endless possibilities for creating a profitable side gig. In this blog post, we’ve compiled some of the best ideas and strategies for anyone looking to add some money to their bank accounts. So let’s dive in!
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Side Hustle To Make $2000 Per Month
Top Side Hustle Ideas To Make $2000 A Month
There are a multitude of side hustle ideas that can help you make $2,000 a month. That adds up to $24,000 a year in income, isn’t too bad for a side hustle.
You just need to find a side hustle that earns you around $66 per day to achieve that. There are ways you can realistically earn $2,000 a month.
The good thing is that you can aggregate more than one side hustle if you have the time and resources which enables you to hit the target even faster.
Here are some realistic side hustle ideas worth looking into if you are targeting $2,000 per month:
Freelance writing is a great side hustle idea to make $2000 a month. Writing for blogs, websites, and social media platforms can earn you anywhere from $50-$500 per article.
The beauty of becoming a freelance writer is that you can do it from anywhere with an internet connection.
All you need is your laptop, strong writing skills, and a portfolio of work samples. Many writers get started by pitching their services to businesses in their niche or by creating profiles on freelancer websites like Upwork or Fiverr (read this UpWork cover letter guide if you need help applying for jobs on UpWork).
With some persistence and hard work, freelance writing has the potential to turn into a full-time career.
Copywriting involves writing persuasive content that promotes a product or service, and it can pay up to $1000 per project.
Just like freelance writing you can do it from anywhere with an internet connection with a computer and strong writing skills.
Copywriting requires excellent communication skills and marketing knowledge. By understanding consumer psychology and crafting effective messages, you can create compelling content that drives sales.
If you’re just starting out as a copywriter, there are many online courses available that can teach you the necessary skills to succeed in this field.
Virtual Assistant Services
Becoming a virtual assistant is one of the most popular side hustle ideas and one that can make you up to $2,000 a month. A virtual assistant provides administrative and technical support services to businesses or individuals from remote locations.
This type of work involves tasks such as email management, data entry, customer service support, social media management, content creation and many more.
Virtual assistants typically charge an hourly rate between $15-$50 per hour depending on their skills and experience.
Besides offering good money, becoming a virtual assistant also allows you to have your own business while working from home with flexible hours.
It has become an attractive option for stay-at-home parents or those looking for additional income without leaving their full-time jobs.
According to recent studies, the demand for qualified virtual assistants is rapidly increasing due to the growth in online businesses and entrepreneurs who need help managing their day-to-day operations.
Dropshipping is a popular side hustle that requires lower startup costs than starting a brick and mortar store and can potentially generate significant profits.
In this business model, the seller does not keep the inventory in stock but instead purchases items from a third-party supplier who ships them directly to the customer. Thus, dropshippers don’t have to worry about managing a physical storefront or handling shipping logistics themselves.
To succeed in dropshipping, you need to find reliable suppliers who offer quality products at competitive prices.
Some popular platforms for finding suppliers include AliExpress and Oberlo.
Additionally, you should focus on marketing your products effectively by creating engaging product listings and utilizing social media advertising campaigns.
Overall, with hard work and dedication, dropshipping can be an excellent source of extra income if you are willing to put in the effort.
Online tutoring is a great side hustle if you have expertise in certain subjects. With the rise of online learning, there is high demand for virtual tutors who can help students in various fields such as math, science and language studies.
Many online platforms offer opportunities for tutors to earn decent money with hourly rates starting from $20 per hour.
One of the benefits of online tutoring is that it offers flexibility to set your own schedule and work from anywhere.
This makes it an ideal option for people with day jobs or stay-at-home parents who need to juggle their responsibilities while earning extra income.
Additionally, online tutoring can provide a passive income stream, as you can pre-record video lessons and sell them through online marketplaces like Udemy or Coursera.
Social Media Management
Social media management is a popular and lucrative side hustle option if you enjoy spending time on social media platforms.
As more businesses move online, the demand for competent social media managers has increased. By managing social media accounts for small businesses or individuals, you can earn an average of $20-$50 per hour.
To be successful in this field, it’s essential to stay up-to-date with the latest trends and algorithm changes across various social media platforms. It’s also important to have strong communication skills and excellent customer service abilities since you’ll be interacting with clients regularly.
Being knowledgeable about digital marketing tools such as Hootsuite, Canva, and Buffer can increase your chances of landing high-paying clients.
Additionally, having a portfolio showcasing your previous work experience can make it easier to find potential clients interested in hiring you for their social media needs.
Invest in Stocks
If you have sufficient capital and a sound investment strategy, you can make $2000 a month if not more as an investor in the stock market.
There are websites that provide you with tips and stock research if you need help because you may have to analyze the market if you want to be a trader.
Alternatively, you can invest in a market fund, index fund, ETF or any other basket of securities that aggregates many investments thus spreading the risk. Passive investing has been outperforming active management too.
However, don’t forget that with the stock market, you should pay attention to the existing conditions of the market to know when there is a recession or a boom. Also, take some courses to understand the jargon and how the markets work.
Rent out a spare room with Airbnb
Airbnb rentals have become profitable again now that pandemic restrictions have been lifted. Renting space is particularly popular in the world of travel and tourism.
There is an emerging trend where more and more tourists prefer Airbnb and other rental alternatives over hotels. This means that you can rent out a room or an entire apartment that you don’t use as an Airbnb.
Set your rates depending on the type of accommodation you offer and the location of your apartment. To find out how much you should charge, research how other hotels and Airbnb properties in your region are charging.
Offer Transcription Services
When you offer transcription services, your job is to listen to audio files and transcribe the spoken content into written form.
You can transcribe videos, meetings, phone calls, and such. You need good listening skills and fast typing speed. There are freelancing websites where you can find work such as GoTranscript and TranscribeMe.
Work as a Graphic Designer
As businesses go online, graphic designers are in high demand. Your job as a graphic designer is to create eye-catching marketing material.
If you have an eye for graphic design and the skills needed, you can start offering your services at a fee. You can find jobs on freelancing sites or by approaching prospective clients directly.
When you work as a graphic designer you should have a design portfolio where you showcase past projects to demonstrate your skills and expertise. Potential clients will want to see if you are capable of delivering what they want.
A nice way to showcase your designs is to create your a website where clients can easily browse your portfolio.
A graphic designer earns anywhere from $11 up to $19 per hour, and this rises depending on your skill level.
Test apps and websites
Did you know that you can get paid testing apps and websites? A beta tester earns $46,000 per year on average and $18,000 on the lower side.
Companies often hire beta testers to ensure the smooth operation of their products. They test their websites and apps before they release them for public use.
Take paid online surveys
Many companies prefer to take surveys to know what consumers think of their products and services.
There are aggregator websites like Survey Junkie where you can find numerous surveys that you can get paid to complete. Surveys are a good side hustle because chances are you will not earn enough money to replace your full-time job.
Provide Proofreading Services
If you have good grammar and an understanding of the language, proofreading is among the most lucrative side hustles you can partake.
Proofreading is a job you can do remotely from anywhere in the world and at your convenience if you have a computer and internet access. To find clients, you can join websites like UpWork, Fiverr, and other freelance platforms.
As you start, you may not make a lot of money but as you gather experience, you can charge more money. You can earn up to $30 per hour proofreading once you get some experience and build your portfolio, which will help you hit your $2000 a month target.
Blogging and Affiliate Marketing
While creating a blog that makes money takes time, you can make up to $10,000 per month from your blog once you have it set up.
With your blog, you can engage in affiliate marketing where you advertise products on your website and insert affiliate links. When a visitor clicks on your link, you earn a commission if they buy the product.
The tricky part is growing your blog and attracting visitors. For that, you need to write content regularly, which should not be a problem if you find something you love to write about and build your blog around that.
Strategies For Success In Side Hustling
To succeed in side hustling, it’s essential to set specific and achievable goals, build a strong online presence and network, continuously improve your skills, be disciplined with time management, and track income and expenses.
Also bear in mind that not all side hustles will work out. You may have to break a few eggs.
Let’s take a closer look at each of these strategies:
Set Specific, Achievable Goals
Setting specific, achievable goals is key to succeeding in any side hustle. It’s important to know exactly what you want to achieve and create a plan to get there.
For example, if you want to earn an extra $2000 per month through freelance writing, set a goal of securing two clients who will pay you $1000 each per month for your services. Once you have this goal in mind, create actionable steps that will lead you towards achieving it.
Additionally, it’s crucial to make sure the goals are achievable. You don’t want to set unrealistic expectations as this can lead to disappointment and discouragement.
Be honest with yourself about how much time and effort you’re willing and able to put into your side hustle. Take into account any other commitments or obligations like a full-time job or family responsibilities when setting your goals.
Remember, setting specific and achievable goals is just the first step towards success in side hustling. Consistency and hard work are also required but having clear objectives can help keep you motivated along the way.
Build A Strong Online Presence And Network
Building a strong online presence is essential for the success of any side hustle. This means creating an attractive and professional website or social media profiles that showcase your skills, services, and experience.
You should include relevant keywords in your content to improve search engine optimization and make it easier for potential clients to find you.
Additionally, networking with other professionals, joining online communities and groups related to your field can help you expand your reach and gain new clients.
Growing your network is another crucial aspect of building a successful side hustle. Attending networking events or conferences can provide endless opportunities for meeting potential clients or collaborators.
Strategic partnerships with other businesses or individuals in complementary fields can also lead to more referrals and increased revenue streams.
In short, building a strong online presence and network are two key ingredients needed for turning a side hustle into a profitable full-time business venture while bringing in extra income each month!
Continuously Improve Your Skills
Improving your skills is a crucial aspect of running a successful side hustle. To earn $2000 or more each month, you need to consistently offer services that provide value to your clients.
Taking courses and attending workshops related to your niche can help you stay current and competitive in the market. Combining new knowledge with practical experience can also give you an edge over competitors.
In addition to formal education and training, networking is another way to improve skills in a side hustle. Joining online groups or local meetups with like-minded individuals can help build relationships and gain insights into industry trends.
Collaborating with others who have complementary skills may open up profitable business opportunities as well. Continuous improvement not only benefits your clients but also enhances your own growth as an entrepreneur.
Overall, investing time and money in improving your skills will pay off long-term dividends for both yourself and potential clients alike.
By staying informed on the latest techniques, enhancing existing abilities, and building positive relationships within communities related to your field; you’re able to establish yourself among other professionals successfully while maximizing income potential through quality work output which translates into higher paying gigs down the line!
Be Disciplined And Manage Your Time Effectively
Discipline and efficient time management are crucial for the success of any side hustle. With a full-time job or other commitments, it’s important to prioritize your work and create a schedule that works for you.
Set specific goals and deadlines to keep yourself on track and motivated.
Managing your time effectively also means setting boundaries with clients or customers. Don’t sacrifice your personal life or health for the sake of making extra money.
It’s important to balance work with self-care and relaxation time. And remember, taking breaks can actually increase productivity in the long run!
Track Your Income And Expenses
One of the most important things you should do when starting a side hustle to make $2000 a month is to track your income and expenses.
This will help you understand how much money you’re earning, as well as where your money is going. It’s essential to have accurate records so that you can see if you are achieving your financial goals.
By keeping track of what comes in and out of your bank account, you can identify areas for improvement or potential problems before they become serious issues.
Plus, it allows you to set up budgets and stick to them while adjusting as needed. You might also find some tax deductions come tax season! Therefore, always keep an eye on how much profit or loss each job produces.
Remember: it’s super important that every penny earned be recorded in order not only to ensure more effective spending but also give precise information about which project brings the most revenue over time!
Tailoring Side Hustle Ideas To Your Situation
This section will provide specific side hustle ideas for stay-at-home parents, college students, and those in need of extra income or with a full-time job.
Side Hustles For Stay-at-home Parents Or Caregivers
Stay-at-home parents or caregivers often have unique circumstances that require flexibility in their side hustles.
One option is to offer pet sitting services, which can provide a steady flow of income for animal lovers. Another option is to become an online tutor, offering your expertise in a specific subject and scheduling virtual sessions during nap times or quiet time.
With the rise of e-commerce, running an online retail business can also be a viable option for stay-at-home parents who want more control over their schedules and workload.
It’s important for stay-at-home parents or caregivers to prioritize self-care and balance daily responsibilities with side hustle commitments. This means setting realistic expectations and boundaries with clients and choosing side hustles that don’t interfere with parental duties.
Additionally, social media management services may appeal to this demographic as they can be done remotely during free time and offer flexible hours. Overall, finding the right side hustle requires evaluating both personal needs and skills while considering what works best within individual lifestyles.
Side Hustles For College Students
College students often struggle to make ends meet and may need extra cash for tuition or living expenses. Fortunately, there are numerous side hustle opportunities available to them.
For example, tutoring is a great option as college students can offer their expertise in a particular subject for an hourly rate of $15-$20. This can add up to $2,000 in no time.
Another side hustle idea for college students is freelancing. They can use their skills such as writing, graphic design or social media management to earn good money on the side while honing their craft.
Freelancing also allows them to work from home or anywhere they choose, making it flexible enough even with a busy college schedule.
Side Hustles For Those In Need Of Extra Income
If you’re in need of some extra cash, there are plenty of side hustles to consider. One option is becoming a pet sitter or dog walker, which can earn you $15-20 per hour.
Another idea is participating in online focus groups, which can pay anywhere from $50-200 per session.
For those with particular skills such as graphic design or web development, offering freelance services can be a profitable way to make extra income on the side. Freelance writers also have the opportunity to earn decent money by writing blog posts for companies and websites.
Regardless of what type of side hustle you choose, it’s important to set specific goals and manage your time effectively. Keep track of your income and expenses so that you are aware of how much profit you’re making each month. With hard work and dedication, anyone can successfully supplement their income with a side hustle.
Side Hustles For Those With A Full-time Job
If you’re already working a 9-5 job, it can be challenging to find time for a side hustle. However, there are plenty of options available that can fit into your schedule.
For example, you could offer freelance writing or social media management services during your lunch break or after work hours. These types of side hustles allow you to work remotely and manage your own schedule.
Another option is to start an online retail business that can operate mainly on weekends or evenings. You could also consider using storage space in your home to provide additional income by renting it out through websites such as Neighbor.com. The key is finding something that aligns with your skills and passions and doesn’t interfere too much with your day job.
Common Mistakes To Avoid In Side Hustling
It’s important to avoid common mistakes when side hustling, such as failing to price your services correctly or underestimating expenses. Read on to discover other pitfalls you should be wary off to make sure you’re on the right track to earning that extra $2000 a month.
Failure To Price Services Correctly
One of the most common mistakes people make when starting a side hustle is failing to price their services correctly. It’s important to do your research and figure out what others in your field are charging for similar work.
Don’t undervalue yourself, but also don’t overcharge and scare away potential clients.
Pricing too low can lead to burnout as you take on more work than necessary just to make ends meet. On the other hand, pricing too high may result in few or no clients at all. Aim for a fair price that reflects your skills and experience while still being competitive in the market.
Remember, it’s important to adjust your rates as you gain experience and build a strong reputation. Always be open to negotiation with clients, but know your worth and stand firm on your rates when necessary.
Overworking And Burnout
One common mistake people make when side hustling is overworking and experiencing burnout. It’s important to remember that while the extra income may be helpful, it shouldn’t come at the cost of your mental or physical health. Take breaks and prioritize self-care to avoid burnout.
Another way to prevent overworking is by setting boundaries with clients or customers. Establish clear communication about your availability and expectations, so you don’t end up working more than you can handle.
Remember, a successful side hustle should enhance your life instead of causing unnecessary stress.
Overall, finding balance between work and personal life is key in avoiding burnout as a side hustler. Be realistic about how much time and energy you have to devote to your hustle, and don’t hesitate to adjust or scale back if needed for your own well-being.
Underestimating expenses is one of the common mistakes people make when starting a side hustle.
It’s important to consider all the costs that come with running your business, including equipment, software subscriptions, marketing expenses and taxes. Failing to budget for these expenses can quickly eat into your profits and leave you discouraged.
To avoid underestimating expenses, it’s essential to keep track of every penny spent on your side hustle. This allows you to see where money is going and identify areas where you can cut back. You may also want to set aside a portion of your earnings each month specifically for covering business-related costs.
Remember that some side hustles will require more investment upfront than others. For example, if you’re dropshipping products, you’ll need to purchase inventory before making any sales.
Make sure you do thorough research on the costs associated with your chosen side hustle so that there are no surprises later on.
Failing To Set Boundaries With Clients
One of the biggest mistakes that those new to side hustles tend to make is failing to set boundaries with clients. It’s easy to get caught up in trying to please everyone and take on more work than you can handle. However, this can quickly lead to burnout and negatively affect your performance.
Setting clear boundaries with clients from the start is crucial for success in any side hustle. This includes being upfront about your availability, how many projects you can handle at once, and when you will be able to communicate with them. By setting these expectations early on, both you and your client will have a better understanding of what is feasible and achievable within the scope of work.
In conclusion, making an extra $2000 a month through side hustle is not only possible, but very achievable. With the numerous options available such as freelance writing, virtual assistant services, and online tutoring just to name a few – there’s no reason why you can’t start earning that money online.
However, it’s important to keep in mind that success doesn’t come overnight and requires discipline, time management and continuous improvement of skills. We hope that you will find some of your best side hustle ideas from this piece.
So whether you’re looking for a side hustle to supplement your day-job or wanting to become your own boss – take the leap and start exploring the many possibilities of making good money on the side!
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
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David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.