As we start off the New Year, many people would be on a ‘zero’ financially after spending all of their finances over the festive period. As such, to get back on one’s feet, it’s important that one finds a way to complement his or her income. In this article, we are going to share with you the different side hustles that you can engage in, in the quest to increase your income.
Online Gambling
Online gambling is arguably one of the most effective side hustles one can engage in this year. The beauty of online gambling is that you can do it in the comfort of your own home and you can choose the ‘service’ that you are most comfortable with. There are three services to choose from i.e. playing casino games, placing sports bets or placing novelty bets. When it comes to playing casino games, players can opt to settle for luck based games or for skill-based games. Luck based games include video poker and online slots. If fond of luck based games, have a spin on NetBet. For skill-based games, players can opt for table and card games such as blackjack and poker. Apart from playing casino games, players can also place sports bets on different sports. In addition, players can also place novelty bets. Novelty bets are bets that allow bettors to bet on stuff such as politics (the outcome of elections), economics (the outcome of mergers and entertainment stuff (gender of a celebrity couple’s next child) etc.
Online Trading
Online trading is also another lucrative side hustle to engage in. unlike online gambling, one needs to learn more about online trading before starting his online trading adventure. However, thanks to the internet, it’s not difficult to learn all the tips and tricks concerning online trading as there are literally hundreds of self-help online trading books and video tutorials available freely online. When it comes to online trading, it does have its own ‘services’. The services include stock trading, forex trading and cryptocurrency trading. Basically, all of these services are highly profitable hence it is up to you to choose which service you want to settle for.
Sharing Economy
In recent times, the sharing economy model has been gaining momentum and it is one of the most sought after side hustle. You too can become part of the sharing economy model by sharing what is rightfully yours with those in need. If you have a car, you can become an Uber or Lyft driver and earn some extra cash. If you have a home, you can also share your home with visitors to your city via the Airbnb platform.
Taking Part in Paid Surveys Online
In your free time, you can also partake in paid surveys online. There are many sites such as Inbox Dollars, Survey Junkie, and Swag Bucks that offer paid surveys online hence you can create an account and give your opinion on certain products and services in exchange for cash!