Hello and thank you for the great article. I have been reading where you can use side hustles to contribute to self-managed retirement plans (aka Self 401k). Many of these gigs seem cash based – anyone out there contributing to their own Self 401k/Sep/Easy accounts? If so, what documentation is required to support the connections between the side hustle and the contributions to the self managed retirement plan?

Most people, even those many won’t admit it, love moving their bodies. It's also a great workout. If at some point in your life, you had to hang your dancing shoes for a more sensible office job, there's nothing stopping you from earning money with this side business idea as a passion project around your day job. Part-time dance instructors get a fraction of the pie that their full-time peers enjoy, but it can add up to hundreds each week if you're consistent—making for a great side business idea to those with the skills and drive.
If you’re forced to disclose the fact, it might make your employer suspicious of your on-site activities and cause them to watch you more closely. On the other hand, it may make them see you in a new light and open opportunities for you with the company. Either way, you’ll have to carefully consider whether or not your employer has the right to know what you’re doing, and what, if anything, is at risk if you don’t tell.
Side hustles are my jam. Seriously, I wouldn’t be a millennial millionaire and have achieved financial independence at the age of 30 without side hustling. I’ve always been hustling. It’s in my blood. I can’t help it. Everything I look at in life I see a business opportunity. Sometimes it’s a blessing and sometimes it’s a…. well I guess it’s always a blessing. #gratitude
An acting classes business provides group or one-on-one classes in acting for adults or children. As the owner of an acting classes business, you’ll provide training, coaching and support to those who are considering getting into the acting business or those already in the business who would like to improve their chances of landing a role. Most business owners in this field will want to find a niche. For instance, you might work with children, or with a career-oriented adult audience interested in stage acting, film, commercials, voice-over work or other areas of specialization.
Your side hustle can help you make some extra money each month. But it can also help you develop new skills, build your personal brand or portfolio and help you achieve more freedom. So, have fun with it! Take a risk by starting a business or pursue a new hobby you’ve always been curious about. A side hustle is your best opportunity to live life on your own terms. And with some more money in your pocket, there’s nothing stopping you from making your dreams come true.
While the barriers to entry for a retail shop can be very high, one way to keep costs down and limit your time investment while you keep your full-time job, is to set up a weekend popup shop as a side business idea. More of whatever it is you’re selling—donuts, clothing, antique baseball cards, or anything else—will stay in your pockets instead of going to pay for operating expenses such as rent or utilities by choosing to pursue retail as a side business idea with a short-term rental. This guide from Shopify will give you a step-by-step process for getting your popup shop off the ground.
I didn’t launch Millennial Money to make money. I launched it because I really like thinking and writing about money. I also feel like it’s my personal mission to share sound financial advice and spread financial literacy. It just so happens that pretty much everything I get interested in turns into a business opportunity. The money from the blog is simply a by-product of my passion for writing. If you don’t enjoy writing then don’t start a blog – you really have to love writing.
If you know a thing or two about paid internet marketing and are comfortable with Google, a great way to make some extra income as a side business idea is to sign a freelance contract to manage a company’s Google Ad Campaigns, and gradually start bringing on more clients as your consulting business grows. Just be sure to brush up on all the right business slang and industry jargon that's pervasive in the online marketing world before you launch unprepared into this side business idea.
Live streaming business owners make money by broadcasting live video gaming footage on popular platforms while making use of ad revenue. Popular websites like Twitch.TV and Smashcast (formerly Azubu) create great platforms for gamers to share their content. By acquiring a large following, (500+ average for Twitch.TV) the player becomes qualified to become a partner for the live streaming site. The streaming site will pay based on the internet traffic for the individual’s channel. Live streaming channels also solicit donations from their fans.
In this economy, it’s more conceivable to develop multiple streams of income than it is to earn more money from a single job. Given the number of people losing their jobs, this may be a safer tactic as well and a side business can be a good way to do this. Whether you want to keep it simple as just a source of extra income, or develop it into a full-time business, the choice yours.

Stop driving for Uber and wasting your time. I’ve talked with too many people who tell me that they want to be career Uber drivers, despite that fact that Uber is clearly trying to replace all drivers with robots. Also, I see too many people trying to side hustle on Fiverr and websites where the only way they can compete is on price – essentially offering a commodity product. It is very hard to get ahead in life if you offer a commodity product at a low price.
According to FlexJobs, the top fields for at-home work are healthcare, customer service, sales, information technology, and education. By taking Glassdoor’s list of 2018’s top-paying jobs and comparing it to their list of remote jobs, FlexJobs was able to compile a database of the top-paying remote jobs of 2018. Here are six of 2018’s highest paying jobs that you can do from anywhere in the world.
There's a huge growing market for mobile phone accessories, and plenty of handmade sellers are raking in 6 and sometimes 7 figures from their phone case businesses. You can get your own phone case business up and running as a side business idea in a matter of days with turnkey solutions from Case Escape, my previous company, and you can now get ready-to-go kits that'll give you everything you need to start a phone case business. Once you're up and running, you can sell cases on Etsy, Amazon Handmade, and Fancy. During our first year of selling phone cases as a side business idea on our Etsy store, we made around $60,000 in revenue from that selling channel alone—not to mention additional sales from fairs, trade shows, promotional products vendors, parties, events and other online marketplaces. From there, the sales only continued growing and we graduated from side business idea to full-time company that I ran with my best friend for multiple years.
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Obviously, everyone has different things going on in life, so if you’re in a season where you can’t focus on your side hustle, it may not be a good time to start one. You could wait to start one until a better time for you (although I recommend putting a date on the calendar for this if there’s ever going to be a chance you follow through). If you’re just “busy” in life but it’s a normal season, they just go for it and give yourself a set schedule of when you’ll work on it every day.
It’s not the sort of side business idea that’s covered in glory, but someone needs to make sure all the numbers add up at the end of the year. Every business and most individuals need someone with the domain expertise to help prepare tax returns, especially time or resource-strapped small business owners. Majo Jacinto in his Udemy course provides an in-depth foundational understanding of how to prepare tax returns (and stay current with ever-changing laws) that'll certify you with tax prep skills in as little as a few hours of training and practice.  Then once tax season rolls around you'll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, according to CNBC.

So, I put together a free master course for you to take that spreads out all of the work involved in starting a blog, into a series of action-packed lessons. My free course breaks the entire process of starting a blog down into an incredibly simple 7-day process for going from 0 to publishing (and promoting) your first blog post in just 1 week. I can't recommend it enough.


I didn’t launch Millennial Money to make money. I launched it because I really like thinking and writing about money. I also feel like it’s my personal mission to share sound financial advice and spread financial literacy. It just so happens that pretty much everything I get interested in turns into a business opportunity. The money from the blog is simply a by-product of my passion for writing. If you don’t enjoy writing then don’t start a blog – you really have to love writing.
EatWith is a great way to test the waters as a chef for your side business idea, and if you have enough rave reviews you might be able to turn your knife skills into a full-time endeavor where you're leveraging your network to book catering events. This side business idea is built heavily upon getting happy referrals, so be sure to over-deliver for your first customers, and ask if they know anyone else who could be in need of your catering services.
50 Writing letters to magazines You can make between £10-£200 for a good letter or photograph to a weekly magazine such as Take a Break or Pick Me Up, suggests Birtles. "If you have a really juicy story you can make even more, and you don't even have to write it, she says. Women's magazines particularly are usually desperate for items for their letters' pages, and even quite tame stuff often gets in.
Additionally, business owners who start this type of business are in good company. Not only do many people have successful children’s book businesses today, but one of the most successful children’s authors in modern history began by self-publishing her work. Beatrix Potter funded the first runs of both Peter Rabbit and The Tailor of Gloucester. The two stories are popular even to this day.
Teaching and tutoring English as a second language is a great way to make a solid side business idea work, not to mention opening doors for you to travel the world if you'd like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to teach them English via Skype. Indeed, Learn4Good and Remote.co often have remote english tutoring jobs posted, check back frequently. Then once you land that remote job, you'll need somewhere more professional than your dining room table to meet with students—check out this post about how to find places to work remotely and you'll officially graduate this side business idea into a full-time endeavor for yourself.
Teaching and tutoring English as a second language is a great way to make a solid side business idea work, not to mention opening doors for you to travel the world if you'd like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to teach them English via Skype. Indeed, Learn4Good and Remote.co often have remote english tutoring jobs posted, check back frequently. Then once you land that remote job, you'll need somewhere more professional than your dining room table to meet with students—check out this post about how to find places to work remotely and you'll officially graduate this side business idea into a full-time endeavor for yourself.
Client-based: These photographers are hired by different clients and charge a certain rate per hour or per session. Their clients range from individuals, couples, families, advertisement companies, fashion brands, travel agencies, schools and corporations, etc. For instance, wedding, portrait, and headshot photography are all client-based business models.

Dogs are amazing. But, owners aren’t always at home to take them for a walk. If you’re a canine fan like I hope you are, this great side business idea can net you a regular profit by just taking some adorable pups for a stroll around the park. With pet-crazed, yet busy Americans having more pooches around, dog walking services have become a thriving industry in some U.S. cities. In fact, there’s already an app called Wag that links up dog walkers who want to exercise this business idea with the pet owners who need a helping hand.

Car flipping can be a fun way to turn your love for cars into a quick side business idea if you have the capital and a stomach for the inherent risk. Buying and selling cars is similar to other “buy low, sell high” business models, but the profit potential per hour invested can be very high. According to Jeremy Fisher at 3HourFlip.com, the trick is to learn how to make car deals come to you, so you can minimize your time invested and maximize your profit on each flip with this side business idea.
Job description: "Join a technology-first team dedicated to building the greatest recruiting software available. You'll enjoy working on the latest web technologies in our ever-evolving stack and have significant input into product direction, technology decisions and development priorities. You'll be adding features to our ATS product and growing our services, as well as helping to maintain our application, write automated tests, work with other developers remotely and deploy code to production regularly."

31 Online trading Sites such as eBay and Amazon make it easy for people to dabble in e-commerce. "Start with a clearout of your attic," suggests Dan Wilson, author of Make Serious Money on eBay. "If you start to sell other goods, focus on things you can get hold of easily, or are passionate about. And have an eye on the Christmas market: think about what will be selling well in a few months' time."
If you have experience with marketing, SEO or a knack for getting people excited about the products and services you use on a regular basis, think about refining your skills and putting them to work as a small business marketing consultant in your region—especially if you can become a local SEO expert and can help local clients rank higher in their search results as your side business idea. Businesses of all sizes are in constant need of bringing in more customers, which is where you come in with your business idea. Start by pitching some of these small business marketing ideas by Brian Downard and you'll be sure to impress the first set of clients you begin working with in your area.
Affiliate Marketing Tip: Ask the affiliate program or content creator for assets you can use to help you market their product. For example, there may be a lead magnet or free tool you can use to incentivize people to purchase the product. Often times, a piece of content can help ease a potential customer from a cold lead into a warm one. Thus, giving you a better chance of succeeding with this side hustle.
It’s not on this list but Brand Ambassador/Promo work is another very flexible, fun, and lucrative side hustle! Basically you promote your favorite brands at awesome events (e.g. handing out Red Bull or demoing new products at high foot traffic areas). I created an entire resource website on how to succeed in this industry called “Brand Ambassador World”. It has everything from resume designs, to super helpful tips and tricks, to where to find promo gigs, to a comprehensive list of agencies, etc.
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