If you are concerned about money in 2021, you might be thinking of strategies to turn your struggle into hustle. The coronavirus crisis has affected many people’s financial situations in a seriously negative way, with job losses and medical bills causing havoc around the world.
When you think about starting a side hustle, you might feel pessimistic about the whole thing. You may assume that it won’t be as lucrative as you expect; that it might take years to actually make any money; or that it’ll go wrong somehow. It’s easy to feel down about your creative ideas, but this negativity will curb your ability to start something amazing!
Here are 3 side hustles to consider starting in 2021!
1. The minimalist revolution: Make money off your unwanted assets!
One way to make money quickly as a side hustle is to turn your decluttering project into a business. If your home is full of junk that could be useful in someone else’s home, now is the time to kill two birds with one stone: you can clear out your home while also starting your side hustle.
How can you do this? Firstly, you need to sort through your items, deciding which you can sell, and which aren’t in good enough condition for sale.
Once you have established which items you want to sell, it’s time to start shopping around. Look at similar makes/models of this item online, and assess how much they are being sold for. This will give you a rough idea of how much money you could make.
Finally, it’s time to set up shop. You could do this via eBay, Gumtree or Depop – any site that is a reputable selling platform. Alternatively, you can auction your more valuable items, from unwanted jewellery to an old van you don’t need anymore. You can click here if you have any old vehicles you want to auction off, as these can make you a lot of money relatively quickly.
2. Trading: What’s it about?
Next on the list is trading. Trading online might seem daunting if you have never tried it, but with enough careful research and practicing with negligible amounts of money, you can turn trading into a supplementary income in a short amount of time.
How do you learn the art of trading online? Firstly, it’s about using established channels such as swyftx au to ensure that your money is being protected at all times. Secondly, you can learn to trade online by watching tutorials and other helpful videos by full-time traders who can teach you, well, the tricks of the trade!
Some people make upwards of $1000 per month trading online. While this takes a long time to build up, your side hustle could be more lucrative than you thought!
3. Teaching your valuable skills
If you have a career that has taught you many things over the years, you could make money passing on your wisdom to others. Particularly if your specialism is a school subject, such as maths, English or science, tutoring privately can give you a flexible job that helps you pass your skills onto another person.
Final thoughts
While a side hustle can be time-consuming occasionally, these three ideas can be tried out by just about anybody! Is 2021 the year of your side hustle?