Top 10 Side Gig Ideas for Extra Income in 2023
Pick your poison, as they say.
We live in an era of contrast flux and change where a lifetime career is not always guaranteed. One way to help buffer your budget in the face of potential layoffs or to just boost your income is to, well, get that gig. Side gigs, often referred to as freelance work or part-time jobs, offer a flexible and valuable way to boost your income. They are becoming increasingly common as 53% of Gen Z and 50% of millennials reported having a side gig in a recent Bankrate survey. Personally, when I was laid off at the drop of a dime by my company in March of 2020, I thought to myself, “Why am I putting all my eggs in this one basket?” Your primary job is essentially just your biggest client, but a diversity of income strings keeps you resilient.
In this blog post, we'll explore the top 10 side gig ideas that can help you generate extra income in 2023. Whether you're looking to pay off debt, save for a vacation, or simply improve your financial situation, these side gigs can make a significant impact on your personal finances. Whatever gig you end up working, just remember, A bag is a bag.
Now, don’t get me wrong. I’m not a huge fan of hustle culture. I wish people were better compensated and did not have to pick up these extra jobs to make ends meet. However, there’s no denying that they can be helpful in a pinch or rather a helpful way to boost your income potential. We can only save so much, but when it comes to earning…the sky is the limit.
Before diving into the top-side gig ideas, it's important to consider your personal circumstances and preferences. Here are some key criteria to keep in mind when choosing a side gig:
Skills and Interests: Look for gigs that align with your skills, knowledge, and passions. Doing what you love can make the work more enjoyable.
Time Commitment: Assess how much time you can realistically dedicate to your side gig. Some gigs require a significant time investment, while others can be done in your spare moments.
Income Potential: Research the earning potential of different gigs. Some may offer higher pay rates than others.
Top 10 side gig ideas for 2023:
1. Freelance Writing: The demand for quality content continues to grow. If you have a knack for writing, consider freelancing as a content creator. You can find opportunities on platforms like Upwork and Fiverr. Start by building a portfolio and gradually increase your rates as you gain experience.
2. Remote Graphic Design: Graphic designers can find remote work in various industries. Create a stunning portfolio showcasing your design skills, and explore job listings on websites like Behance and Dribbble. You can also offer custom products on Etsy.
3. E-commerce and Dropshipping: Launch your online store and sell products through dropshipping. Platforms like Shopify and WooCommerce make it easy to start your e-commerce business without the need for a physical inventory. In general, any business that requires manufacturing physical products will hit bottlenecks and tend to have lower margins.
4. Virtual Assistance: Become a virtual assistant and provide administrative support to busy professionals. Tasks may include email management, appointment scheduling, and data entry.
5. Online Tutoring: Online tutoring has seen a surge in demand. If you excel in a particular subject, share your knowledge and help students succeed. Websites like Chegg Tutors and Wyzant connect tutors with students. If you are an undergrad student, then consider tutoring in your chosen major.
6. Food Delivery and Rideshare Services: Join food delivery services like UberEats or DoorDash or become a rideshare driver with platforms like Uber or Lyft. These gigs offer flexibility in scheduling. Just be sure the wear and tear on your car is worth the quick cash.
7. Pet Sitting and Dog Walking: Pet lovers can start a pet-sitting or dog-walking business. Platforms like Rover and Wag! connect pet owners with caregivers.
8. Content Creation (YouTube, Podcasting, Blogging): Hey look, it’s my side gig (the media empire that is Dragon Money.) Turn your passion into profit by creating content on platforms like YouTube, podcasting, or blogging. Monetize your content through ads, sponsorships, and affiliate marketing. Want to earn me a couple extra bucks? Click that ad on the page.
9. Online Surveys and Market Research: Participate in online surveys and market research studies to earn extra income. Websites like Swagbucks and Survey Junkie offer opportunities to share your opinions. Some research studies pay better than others, so keep your eyes out if you live near a university.
10. Freelance Photography: If you have a talent for photography, consider offering your services as a freelance photographer. Capture special moments for clients, such as weddings, events, and portraits. If you have a way with people, you’ll naturally attract clients through referrals.
Tips for Success:
Manage your time effectively to balance your side gig with your primary job and personal life.
Network and build relationships within your chosen gig industry.
Continuously improve your skills and stay updated with industry trends.
While side gigs offer numerous benefits, they can also present challenges such as irregular income and work-life balance issues. To overcome these challenges, create a budget, set financial goals, and establish a clear work schedule.
Side gigs are more than just a trend; they are a valuable resource for achieving your financial goals and increasing your income in 2023. The key is to choose a gig that aligns with your skills and interests, manage your time wisely, and stay committed to your financial success. Whether you're saving for a rainy day, paying off debt, or simply looking to improve your financial situation, the opportunities in the gig economy are waiting for you.
If this article was helpful to you, then please consider supporting my Patreon, it’s the most reliable way to support this blog. This is my side gig after all, and I’m working every day to make it more profitable.
