Side Hustle To Pay Off Debt: 7 Hustles You Can Start Today

If you’re struggling with debt, you’re not alone. Many people are in the same boat and are looking for ways to pay off their debt as quickly as possible.

One option that has become increasingly popular in recent years is starting a side hustle. A side hustle is a way to earn extra income outside of your regular job, and it can be a great way to pay off debt faster.

There are many different types of side hustles you can pursue, depending on your skills and interests. For example, you could start freelancing, sell items online, or offer your services as a consultant.

The key is to find something that you enjoy and that can earn you extra money. By doing so, you can use the additional income to pay off your debt faster and achieve your financial goals more quickly.

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Why You Need a Side Hustle

If you’re struggling with debt repayment or looking to boost your cash flow, a side hustle can be a great way to earn extra money and pay off your debts faster.

Side hustle to Pay off debt

A side hustle is a flexible part-time job that you can do alongside your regular job to earn additional money. In this section, we’ll explore the benefits of having a side hustle and why it can be a great way to pay off your debts.

Extra Income

One of the top benefits of starting a side gig is the ability to earn extra income. With 44% of Americans engaging in side hustles, it’s clear that many people see the value in supplementing their primary income.

And it’s obvious that this trend won’t stop any time soon given that 40% of US homes have a side business. A successful side business might be helpful if you’re trying to pay off debt, put more money down for a significant purchase, or simply have some additional money on hand.

Starting a side hustle doesn’t have to take up all your free time either – even just dedicating a few hours per week can add up to significant extra income over time.

Accelerating Debt Repayment

Accelerating debt repayment is an essential benefit of engaging in a side hustle. With the extra income generated from tasks such as freelance work, online tutoring, or pet-sitting, you can allocate additional funds toward paying off your debts more quickly.

This approach not only helps to reduce the overall interest accrued but also offers financial freedom at a faster pace.

Moreover, focusing on debts with the highest interest rates first is a strategic move that can save you money in the long run. By prioritizing these loans and credit card balances when allocating your side job earnings towards debt repayment, you will be actively addressing high-interest obligations head-on and significantly reducing their impact on your personal finance journey.

Building New Skills And Experiences

Embarking on a side hustle to pay off debt also offers the added benefit of acquiring new skills and gaining valuable experiences. As you venture into different businesses, you’ll develop competencies in areas such as time management, marketing, customer service, and sales.

These newfound abilities can prove beneficial both personally and professionally. They can enhance your personal finance knowledge while potentially making you more marketable in the job market for future opportunities.

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Top 7 Side Hustles To Pay Off Debt

In this section, we will highlight the top 7 side hustles to pay off debt, including freelance work, pet-sitting and dog walking, selling unused items online, virtual bookkeeping, delivery services, social media management, and online tutoring.

Freelance Work

Freelance work is a popular and flexible side hustle that allows individuals to earn money at their own convenience. Freelancers can offer services such as writing blog posts, web design, social media management, or even consulting in areas of subject matter expertise.

Job boards like Upwork or Fiverr offer a range of opportunities to find freelance work that matches your skill set and interests. For example, one freelance writer was able to pay off $20K debt in just six months by freelancing part-time while working her full-time job.

Pet-sitting And Dog Walking

Pet-sitting and dog walking are excellent side hustles for animal lovers looking to make some extra cash. With more people working longer hours and traveling further distances, pet owners often need help caring for their furry friends.

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You can earn anywhere from $15-$50 per walk depending on the length of the walk and your geographical location. Similarly, you can charge between $20-$75 a day depending on whether you offer overnight stays or just drop-in visits when pet owners are away from home.

Sites like and Wag! offer platforms to showcase your services, with opportunities to build loyalty with repeat customers.

Selling Unused Items Online

Selling unused items online is a great side gig for paying off debt and creating more cash flow. With the rise of online marketplaces like Facebook Marketplace, eBay, and letgo, it’s now easier than ever to sell stuff that you don’t need for some extra money.

From clothes to electronics, there is always someone out there looking to buy something second-hand.

Not only does selling unused items create extra income to put towards debt repayment, but it also helps declutter your home and simplify your life.

Virtual Bookkeeping

Virtual bookkeeping is great for individuals who have accounting expertise. Bookkeepers are responsible for managing financial records, tracking expenses, and preparing invoices.

With the rise of online businesses, demand for virtual bookkeeping services has increased significantly. This is an excellent opportunity to leverage your skills and earn extra money on your own schedule. Virtual bookkeepers can find work through job boards like Indeed or by advertising their services on social media platforms like LinkedIn.

One example of someone who paid off debt through virtual bookkeeping is Ben Parker, who was able to pay off $20,000 in credit card debt within six months while working his full-time job as a web developer.

He leveraged his skills in accounting to start his own side hustle offering virtual bookkeeping services to small business owners all over the country.

Delivery Services

Delivery services have become increasingly popular thanks to the rise of food delivery apps and online shopping. This side business requires a car or bike and a smartphone, making it accessible for many people.

Companies like Postmates, Uber Eats, DoorDash, Instacart, and Amazon Flex offer opportunities to deliver food and groceries or complete various tasks for customers. Drivers can earn good money for their efforts while choosing their own schedules.

Some drivers report earning up to $25 per hour with these companies.

Virtual Assistant

Virtual assisting is a great side hustle, especially if you have excellent organizational and administrative skills.

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As a virtual assistant, you can provide administrative support to clients remotely. This can include tasks like managing emails, scheduling appointments, and social media management.

This is also an excellent choice for those who are experienced in social media management or copywriting. One significant advantage of virtual assisting as your side gig is the low startup costs involved. All you need is a laptop computer, good internet connection and some standard office software tools.

You can find virtual assistant opportunities on sites like Zirtual, Time Etc, and Fancy Hands. The pay can vary depending on the client and the tasks you perform, but you can expect to earn between $15 to $25 per hour.

Online Tutoring

Online tutoring is another viable option for those looking to pay off debt through a side gig. With the rise of virtual learning, there has been an increasing demand for online tutors in various subjects ranging from math to languages.

Online tutoring allows you to use your subject matter expertise and knowledge while setting your own schedule and working from home. Websites like TutorMe and Chegg allow you to sign up as a tutor and connect with students in need of help, with some companies paying up to $20 per hour.

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Other Side Hustle Ideas For Paying Off Debt

This section explores additional side hustles for paying off debt, including photography and videography, renting out space or assets, creating and selling digital products, running errands for others, and Focus groups.

Photography And Videography

Photography and videography can be a lucrative side business for those interested in visual arts. Services may include capturing events, creating promotional content, or taking portraits.

With the increasing demand for high-quality visuals on social media platforms and websites, photographers and videographers are always needed. It’s possible to start with just a smartphone camera and gradually invest in more sophisticated gear as the business grows.

Additionally, sites like Shutterstock allow individuals to sell their photos online to clients all over the world.

One photographer who started doing photography as a side hustle paid off her $40k student loan debt within six months by shooting weddings and launching an online course on how to create your own presets.

Renting Out Space Or Assets

Another great side job for paying off debt is renting out space or assets that you own. This can include renting out a spare bedroom on Airbnb, renting your car on Turo, or even renting out equipment such as tools or camera gear to others in need.

One example of success with this side hustle is David Weliver, who paid off $80,000 in debt by renting out his spare room and using the extra income to pay down his loans.

By offering up items or space in your own home, you can earn some extra cash without having to put in much additional effort.

Creating And Selling Digital Products

If you have a talent for creating digital products like eBooks, printables, or courses, you can sell them on sites like Etsy, Gumroad, or Teachable.

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You can sell non-physical assets like digital goods over the internet frequently without having to replenish your stock. We’re talking about items like software, eBooks, stock images, films, plans, Documents, and subscription/membership websites.

There are extremely low overhead costs, which is a fantastic perk of running a side business selling digital goods. An eBook only needs to be written once, but you may sell it a thousand times without incurring additional production costs.

Unlike selling physical goods, you don’t need to have a stock of digital goods, therefore there is no requirement for physical locations or warehouses to hold them. It is much more flexible as a result. In addition, the income potential can be high, depending on the product and the demand for it.

Running Errands For Others

Another side job that can help individuals pay off debt is running errands for others. With busy schedules and limited time, many people are willing to pay for someone else to handle their tasks and errands.

This can include grocery shopping, picking up dry cleaning, or dropping off packages at the post office. By offering these services on a part-time basis, individuals can earn extra cash while helping others save time.

One example of this type of side hustle is TaskRabbit, an online platform that connects “taskers” with people in need of assistance with everything from organizing closets to assembling furniture.

Focus groups

Many businesses want input on their products or services, and they frequently hold focus groups to get this feedback.

Find a focus group first by looking for market research firms online or by registering with websites that connect you to focus groups. Some of my personal favorites include User Interviews, FocusGroup, and Respondent.

You’ll be invited to express your ideas and opinions in a focus group about a certain item or service. Depending on the length of the session and the kind of product or service being reviewed, the amount you make for your time might range from $50 to $300.

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Tips to Making the Most of Your Side Hustle

When it comes to paying off debt, every little bit helps. A side gig can be a great way to earn some extra cash and speed up the process. However, not all side hustles are created equal. To make the most of your side hustle, you need to be strategic.

Maximizing Earnings

The most lucrative way to make money with a side gig is to find a high-paying gig. Companies like Uber, Lyft, and DoorDash offer flexible schedules and decent pay. You can also consider freelance work, such as writing, graphic design, or web development. These gigs can pay well, but they require more skill and experience.

Another way to maximize your earnings is to focus on your strengths. If you’re good at something, like photography or social media management, offer your services to others. You can also monetize your hobbies. For example, if you love crafting, you can sell your creations on Etsy or at local craft fairs.

Managing Your Time Effectively

Managing your time effectively is crucial when it comes to having a successful side business while still working a full-time job. One way to do this is by creating a schedule and sticking to it. Determine how much time you can realistically devote to your side business each day or week, and then prioritize your tasks accordingly.

Another tip for managing your time effectively is to use productivity tools such as apps or timers that can help you stay focused and on task. For example, if you’re completing freelance work, try using project management software like Asana or Trello to keep track of deadlines and assignments.

By managing your time efficiently, you’ll be able to balance your regular job with your side hustle without sacrificing important aspects of either one.

Advertising And Marketing Your Services

It’s important to advertise and market your services effectively. Utilizing social media platforms, creating flyers or business cards, and leveraging word-of-mouth referrals are all ways to get the word out about your side job.

You can also join online job boards and freelance websites to find potential clients. It’s essential to have a clear understanding of your target audience and tailor your marketing efforts accordingly.

For example, if you’re offering pet-sitting services, consider posting flyers at local dog parks or advertising on neighborhood Facebook groups. And don’t forget about the power of personal branding – make sure that your website or social media profiles reflect your subject matter expertise and highlight what makes you unique compared to competitors in the same niche.

Staying Motivated

Finally, it’s important to stay motivated when you’re working on a side gig. It can be easy to get discouraged or lose interest over time. To stay motivated, set realistic goals and track your progress. Celebrate your successes and learn from your failures.

It’s also important to have fun with your side business. Choose something that you enjoy and find fulfilling. This will make it easier to stay motivated and stick with it over the long haul.

In conclusion, a side job can be a great way to pay off debt. To make the most of it, focus on maximizing your earnings, managing your time, and staying motivated. With the right strategy and mindset, you can turn your side job into a fun and profitable venture.


In conclusion, starting a side hustle to pay off debt is an excellent way to boost your income and accelerate your debt repayment. The top seven side hustles we have outlined here are just a few of the many options available to you.

With the right focus, determination, and effort, you can find the perfect side hustle that fits into your schedule and helps you achieve your financial goals faster.

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:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

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David Fortune has been the editor 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.

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