3 Best Side Hustles To Make Extra Money

The gig economy is flourishing in places like India as it has helped so many people make enough money to raise out of their economic class.

Are you looking to do the same? With the right idea, you may not only make some extra money to help you out financially, but you may also even stumble upon a way to make a very good full-time income no matter what country you live in.

Whether you are a man or woman, young or old, you can use this guide to find the side hustle that is right for you and your skills to be able to make a tidy income in your spare time.

Read on for the guide to see which one makes sense for you.

1 – Peer to Peer lending

Instead of putting your extra money in a savings account that earns a paltry interest rate, you should think about putting some of it to invest.

If regular investing seems complicated and expensive, well, it definitely can be. These days there are a lot of different ways to invest. One of the easiest is to lend money on a P2P lending platform. The way it works is that you create an account on one of the many websites that offer this type of loan. Then pick a person on there that has a good rating and needs a short term loan.

There is some risk involved, but it is not as high as some other forms of investing. And you can go for less risky borrowers and just make less interest. One of the safest ways to do this is a P2P lending site on the blockchain. These use Bitcoin which is much safer than cash. There are many places where to buy Bitcoin in Saudi Arabia so load up with some cryptocurrency and start lending.

2 – Virtual Assistant

If you are proficient in English and highly organized, you can find clients online who need a virtual assistant.

The type of jobs you would be expected to do range from uploading blog content to managing a virtual office of other freelancers and employees. You may be asked to be a Jack or Jill of all trades and do a little of everything. It all depends on your skillset and what your clients need.

This can be part-time or full time and the pay varies depending on what it is you need to do.

3 – Blogging

If you have more time than money to invest and are very patient, then you can make a nice living off of blogging. Your blog can be in any language that you want, so you are not limited to an English language blog.

Pick a topic for your blog that either has a lot of products associated with it that you can promote for commissions or that will bring in a lot of traffic for ad revenue.

It can take well over a year of consistent work before you see any results, however, so you really need to be patient.