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How much can you make with a side hustle? & Top 5 ideas

The amount you make will largely depend upon your time commitment and your amount of hustle. It can range from $100-$1,000 or even more per month.

  1. Start a vending machine empire

Perfect for: Anyone with a little bit of up-front capital

ABF media

While owning a vending machine may not be the most exciting venture – it consists of buying and stocking goods, such as snacks – if you are looking for steady, profitable and largely passive side hustle income, this is a great option.

Did you know that an average vending machine in the US brings in about $300 a month, or $3,600 a year?

  1. Think of product ideas

Perfect for: Idea people

Are you an idea person? If so, you can be paid to invent products using crowdfunding websites such as Quirky.

The accepted ideas are further developed and sold. The person who came up with the original idea – plus anyone who contributes along the way – then receives a royalty for every item sold.

  1. Talk for money

ABF media

Perfect for: Extroverts with expertise

Speaking is a coveted and paid skill. There are many ways to make money from it, whether it is speaking at events, hosting events, or coaching others how to do so.

Many people have parlayed their public speaking skills into a side hustle profit.

  1. Transcribe audio into text

If you have a computer, headphones, and an ability to type efficiently, you have everything you need to earn extra money transcribing audio into text, using services such as Crowdsurf and Rev.

You can make $10-14 per hour, though advanced transcriptionists earn around $25 to $30 per hour. With this rate, you can earn $1,500 every month if you work 2.5 hours per day for less than 30 days.

  1. Rent out anything

Australia Asia Forum

With platforms such as Rent4me and Ruckify, you can rent out every items, from clothing to entertainment and earn a profit. The best part? It is all with virtually no effort.

By Lucy Ng, SBC Writer

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