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| 6 Best Online Side Hustle Ideas 2022 |
are you looking to earn some extra money
this year what if i told you that you
could earn an extra 200 or more per week
in your spare time whether you want to
turn your hobby into a side hustle or
monetize your spare bedroom there are
plenty of ways to make extra income in
2022. what's up winners my name is nam
if you're new here welcome here we talk
all things personal finance and credit
start now by subscribing so you don't
miss out on any future videos i would
like to thank ethos life for sponsoring
today's video but more on them later
today i want to talk about how to earn
extra money in your spare time some of
these ideas can start earning
immediately while others can take some
more time to get started so here are my
six favorite online side hustles for
2022. the first hot house that i want to
talk about is online advertising since
2015 the online advertising market has
been growing at a rate of 15.7 percent
per year and it shows no sign of slowing
down so why not get yourself a piece of
that pie now you may think that you have
to have a product or a service to
advertise but you don't instead you can
earn money by running ad campaigns for
small businesses do you have a friend
who's a pet groomer or someone who owns
a used car lot start asking about them
about advertising plans and to see if
they're interested in running online ads
once you've run a successful campaign or
two you can start growing your business
through referrals some people end up
quitting their day jobs and working this
full time as an advertising freelancer
that said you can get started with just
a few hours of work per week so for that
effort you'll earn a thousand dollars or
more from each client of course digital
advertising requires some skills first
off you're gonna need to be able to
create effective ads so if you're not
really into the whole salesman thing
then this idea may not be for you second
you're gonna need to have access to
different advertising platforms
different platforms have their own
strengths and weaknesses for example
google is a fantastic platform if you
want to advertise on a wider web but
with google you're dealing with clinical
interface and tons of complicated
features don't get me wrong this is
great if you're an experienced pro you
get detailed analytics with all the
information that you need to tweak and
test your ad campaign but if you are
just starting out you may want to start
on a platform that's more
beginner-friendly that's where
facebook's ad marketplace come in handy
unlike most other platforms facebook
makes things easy and accessible for
beginners despite this you're gonna have
some of the same powerful tools that you
get from other ad platforms probably the
most important feature is geo targeting
on facebook you can target your ads to
people in a specific geographic area
that way your local business ads can
actually get local customers you can
also filter by interests age and other
factors by targeting your ads your
campaigns will earn more money and your
clients will be happy the reason why
this particular side hustle is so
attractive is that it is still
relatively a new market not too long ago
only big businesses could truly leverage
the power of online advertising by
running ads on facebook marketplace you
can help smaller business reap the same
rewards since facebook also owns
instagram you can also run campaigns on
there there are plenty of free resources
online and on youtube that'll teach you
how to run online ads running facebook
ads require a knack for communication
but so does a second side hustle
proofreading and copywriting i put these
two things in the same category because
you really need the same set of skills
so what proofreading is is an art of
correcting written content before it is
publicized proofreaders can work for
bloggers professional writers webmasters
and everyone else that produces written
content even the best writers they
sometimes forget a comma flip an
apostrophe or type t-o when they meant
to type t-o-o that's where a proofreader
comes in proofreading requires attention
to detail and the ability to work
quickly you'll be paid by the word so
the faster you go the more money that
you'll get paid copywriting is similar
in that you typically be paid by the
word however instead of correcting
someone else's content you are creating
your own many blogs and certain outlets
are constantly looking for freelancers
to create fresh content and with
freelancing sites such as upwork it is
easy to find them if you're going to be
a proofreader or copywriter it's going
to help to have content of your own to
showcase as an example it helps a lot if
you have your own blog so you can show
potential clients what you're capable of
i know that we've been talking about
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clicking my link down below moving on to
our third side hustle which is blogging
having a blog can be fun because you can
write about pretty much anything if you
have a hobby or an interest there are
other people who have the same interest
so if you produce quality content some
of those people will read it prolific
writers can put out one or more posts
per day but if you're blogging in your
spare time one or two posts per week is
probably a more realistic goal from a
financial perspective blogging has some
major benefits and major drawbacks on
the upside you have the highest income
potential of any of today's six options
due to its scalability on the downside
you can also run a blog for years and
end up earning nothing in return this
depends not on how many views that you
get but also how you monetize your blog
so what are some ways that you can
monetize your blog the most obvious way
is to run ads with services like google
even small blogs can run third party ads
the downside with this approach is that
you won't earn that much at first on a
blog with less than a thousand visitors
per day you're gonna be earning pennies
for those ads so while you can
technically start running ads
immediately it will take some time for
you to earn any real money if you want
to start earning income from your blog
right away the better option is to join
an affiliate program affiliate programs
are offered by major retailers and even
some small ones here's how it works
first you join affiliate program like
sites like amazon and this site will
give you a special affiliate code to add
to your links next is to mention the
product into one of your blog posts this
should be ideally relevant to dimension
so it doesn't look like spam you provide
an affiliate link and some of your
readers will click through whenever
someone clicks on your link and makes a
purchase then you earn a percentage of
the proceeds affiliate income can
particularly be lucrative if you're
linking to high-end products with a
higher ticket price another useful
blogging tactic is to reach out to other
platforms and ask if they want to do an
exchange for a guest post this means
that you're writing a post for their
blog and they're writing a post for
yours this doesn't help you earn money
directly but it is a great way to gain
new readers and grow your audience if
there isn't enough interest in your
chosen topic you can even grow a blog
into an online course an online course
is an in-depth class which can be about
any topic the key is to find something
that resonates with your blog readers it
helps to think that your blog is a free
version of your product and the classes
are the paid version meanwhile a blog is
just text but people expect more of an
online course that they pay for consider
incorporating pictures or videos into
your course for a more robust user
experience another important thing to
remember is that you don't necessarily
want your online course to be cheap if
it's cheap people may think it's not
worth their time if you run a successful
blog this probably can be one of the
most passive streams of income that
anyone can get because once a post is
done as long as people read it and click
on your affiliate links then there's
really nothing else to it you may have
to update the post every now and then
then update your information or numbers
but generally blogs can be very passive
now this takes us on to our fourth side
hustle which is online tutoring tutoring
is kind of like an online course in a
sense that you need to be an expert at
something but instead of creating one
class for many people you're coaching
someone one-on-one in the past most
people did their tutoring in person but
during the pandemic online tutoring
started to become popular and it doesn't
show any signs of declining so ask
yourself what you're good at are you a
math quiz or an expert guitar player
maybe you could help a student learn one
of these skills tutoring isn't for
everybody but it has a couple important
benefits to begin with you get to set
your own schedule take one or two
students a week or book every free
minute that you have for another thing
you can start earning money right away
there's really no lead time like there
is with blogging some common websites
where you can tutor students is italki
tutor.com and brainfuse.com another way
to start making money right away is via
drop shipping which is the fifth side
hustle that i wanted to discuss drop
shipping is a fancy way of saying that
you're acting as a middleman in
traditional retail a retailer buy large
quantities of items from a wholesaler
the retailer then marks up the product
and sells it to the customers for a
profit a lot of online retailers work
the same way but drop shipping is a bit
different with traditional retail you
have to make a large upfront investment
in your product say that you found a
great wholesale electric razor in
germany and you wanted to sell it in the
u.s you would have to buy hundreds even
thousands of razors up front not only
that but you want to be guaranteed any
sales if razers didn't turn out to be
popular you'd be sitting with a bunch of
useless inventory with drop shipping you
said about online storefronts without
actually having any inventory when your
customer place orders you place an order
with your wholesaler on their behalf
then you keep the rest of their payment
as profit this allows everyday people to
set up an online store without having to
invest a lot of money into merchandise
how much you make will depend on your
sales volume as well as what you are
selling but after you finish your
initial website setup you can add more
products over time eventually this can
turn to a full-time job there are plenty
of online resources that teach you how
to go about doing this but plus there
seems like there's a lot of online
courses where gurus talk about drop
shipping but the premise of this
technique is very simple no matter what
you do you're gonna have to invest in
marketing even though you're just a
middleman trying to sell other companies
products you're still gonna have to
promote the product as it was yours
where i see the direction of drop
shipping rather than selling on facebook
or instagram i feel like most of the
eyeballs right now are on tick tock if
you're able to showcase a product and
make an interesting video about it i'm
pretty sure you can have great success
going this route i have seen many
creators make ads and sell products on
tiktok that are targeted towards a
younger generation and be quite
successful the six side hustle that i
wanted to talk about is renting out
things i probably can't make a whole
video about the side hustle there are
plenty of websites nowadays where you
can rent out items such as your clothes
camera equipment cars and pretty much
anything that you can think of in
exchange for money for instance you
probably heard of services like turo or
airbnb ferturo this is an online
platform where allows you to rent out
your car if you guys have been following
the economy and the car shortage rental
car prices have greatly increased ever
since if you are working from home and
really don't drive often why not make
extra money on turo the same concept
goes for your home if you have a spare
bedroom or even a couch depending on
your comfort level of renting out your
space you can make some extra side cash
from hosting visitors there are people
who make a full-time income having a
rental car business and airbnb rentals
so definitely this can be a stepping
stone into something much larger for me
i'm a creator so i need camera equipment
depending on the type of video that i'm
shooting so there are websites like kit
split and share grid that allows you to
rental high-end photography and film
equipment this really depends on where
you live if you live in a metro area you
may get more success since there is a
higher demand if you live in a smaller
town or a rural area in the u.s you may
not see any hits whatsoever so if you're
not a filmmaker or a photographer you
may be a parent there's a website called
baby quip which allows you to rent out
baby equipment the main premise is that
people who travel to different cities
and states may not bring all the
necessary items that they may need if
you are a parent or just have old baby
equipment laying around that's being
unused you can land out your items for a
price there has to be a big enough
demand for what you're offering another
thing to keep in mind with any type of
rental service is that it's going to
take a little bit more work and hustle
compared to other side hustles due to
the fact that you may have to meet with
the person drop it off pick it up plus
cleaning the rental additionally you may
have to think about customer service and
the possibility of your item being
damaged or stolen but luckily with most
of these websites some sort of insurance
does protect both parties that said i
can't tell you which one of these ideas
if any is right for you that's a
personal decision it really comes down
to how much time that you want to invest
and how long you are willing to wait to
start seeing any income but if you are
rather looking for a job in a side
hustle check out my videos over here
where i go over the best online jobs
that you can do right now
you