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We all dream of quitting our jobs and doing something easy that makes a lot of money.
But not many of us have an idea of what we could do that makes big bucks.
Sure, side hustles can earn you $100 extra in spending cash, but what if you want more?
As in, you want to make millions from side hustles.
The good news is some options may require less work than you think.
Here are 12 ideas to get you started.
#1. Renting Out Your Car
Did you know you can rent out your car?
There are apps like Turo where you can list your car, and people can rent it.
This works great if you are near a larger metropolitan area, as you have more potential customers.
But renting out your car won’t make you millions.
What does is what many people are doing.
They rent out their car, reinvest the money and buy a second car to rent out.
Rinse and repeat.
In a few years, they have a fleet of rentals, earning them well over six figures a year.
And if you want to think outside the box, consider buying a high-end sports car.
Many people would love to drive one for a weekend, making it an ideal option for you to make money.
#2. Scrap Metal
When you think of scrap metal, you probably think of a man with dirty hands driving an old pickup truck.
You might even think he is barely getting by financially.
But the truth is, he is probably making loads of money.
Most people have no clue how much scrap metal is worth.
And the guy picking it up isn’t dressed nice and has a beater car because he doesn’t want to damage his nicer vehicle.
With so many people listing free stuff on Craigslist, you will never run out of metal to scrap.
#3. Social Media Marketing
If you enjoy being on social media, this might be your dream job.
Businesses will pay you to post content on their social channels.
Some may be interested in paid advertising too, so think Facebook ads.
Your success is determined by how much engagement posts get and how much traffic comes back to the website.
How much money can you many with this hustle? Many people charge between $200 and $800 a month just to manage a Pinterest account.
You can offer package deals for other social platforms and make around $1,000 monthly per client.
With ten clients, you are making $10K a month or $120K a year.
#4. Selling Your Body
You can make money with your body in many ways, and I’m not talking about adult-related ideas here.
For example, if you recently had a child and have too much breast milk, people will pay you for it.
Or they will pay you to have a child for them.
There are many ideas for men too.
Depending on what you are selling, the income you make will vary.
But there is no reason why you can’t make close to six figures a year.
#5. Fashion Consultant
Do you love fashion and being at the forefront of new trends?
Some people out there will pay you to help them be stylish all the time.
The job requirements will vary by person; some will want ideas, while others will want you to shop for them.
You could make a few thousand up to $50,000 a year, depending on your services.
There are many options out there if you want to be a reseller.
For starters, you can go to yard sales or estate sales and find valuable items you can flip for a profit.
Or you can shop in retail stores for clearance items and resell them.
The key is finding the right products and getting them in front of the most people possible.
This is where Amazon FBA comes in.
You can list items on Amazon for a small fee and make serious money.
When I was doing Amazon retail arbitrage a few hours a month, I was making $500.
I knew of a few people who were making five figures a month.
It’s all about creating and scaling a system, which isn’t as difficult as it sounds.
#7. Rent Your House
While you could go the Airbnb route, this idea is slightly different.
Did you know you can rent your house for commercial or movie shoots?
Doing this could net you between $2,000 and $4,000.
All you have to do is list your home on sites like LocationsHub and Set Scouter.
What skills do you have that you could have others pay you for?
You may be an accountant and can help small businesses with their books.
Or you might be knowledgeable about investing, so financial planning firms might want to hire you to write articles for their website.
The idea here is to use your knowledge to help businesses and make money in the process.
The amount of money you make will vary, but starting, you can charge $1,000 to $2,000 for your services.
#9. Selling Photos of Your Feet
Did you know people pay money for pictures of feet?
There are millions of people out there with a foot fetish who want to see images of feet.
This could be feet with their nails painted, in shoes, or more.
As you can see, it doesn’t have to be graphic, just pics of feet.
Depending on how you price your services, you could make five figures or more monthly doing this easy job.
#10. Narrate Books
People love audiobooks, and because of this, there is a need for people to narrate them.
This is where you come in.
You register for an account on ACX.com, which is Audible by Amazon.
There you can find work as a narrator.
But it doesn’t stop there.
Some businesses need voiceover work for their YouTube videos, and brands might need a fresh new voice.
There are endless options here, and all of them pay good money.
#11. Facebook Ads
I mentioned social media earlier, but this one is a little different.
All it entails is knowing Facebook Ads inside and out.
Once you do this, you go around to local businesses and offer to promote their business using these ads.
They cover the price of the ads and pay you for your service.
Once they agree, you set up the ads, monitor them, and send a monthly report.
You might charge $500 for your services when you are first getting started.
But once you have proof you know what you are doing, you can charge $1,000 or more per client.
#12. Invest in Dividend Stocks
This has to be the laziest side hustle out there.
It requires you to pick 5-10 high-quality, dividend-paying stocks.
To make this easier, find a list of Dividend Aristocrats.
These companies have not only paid a dividend every year for 25 consecutive years but also raised the amount annually.
Once you have your list, open up a brokerage account (I like M1 because it’s free to trade) and start investing.
Make it a point to invest as much as you can every month through their automated investment option, even if this is $25.
Try to increase this amount every year as well.
Finally, make sure you reinvest the dividends you are paid.
Then, sit back and let compound interest work its magic.
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I have over 15 years experience in the financial services industry and 20 years investing in the stock market. I have both my undergrad and graduate degrees in Finance, and am FINRA Series 65 licensed and have a Certificate in Financial Planning.
Visit my About Me page to learn more about me and why I am your trusted personal finance expert.