6 Easy Side Hustles to Make an Extra $1000 a Month Online

Having a side hustle became a necessity for some people. Especially after everything that happened in the last two years. Many people lost their jobs. And many of them don’t want to be fully dependent on their 9 to 5 anymore. It turned out not to be as stable and secure. Some people started working remotely. Some companies offer their employees to continue working from home. But many of them don’t. 

People don’t want to take risks anymore. They’ve realized the importance of having more streams of income. And now, more and more people are looking to start a side hustle. Some of them even decide to quit their job after making a decent amount of money on the side. Their side hustles started making more money than their job. But even if your only goal is to make an extra $1000 a month, having a side hustle is always a good idea. 

Forex Trading

Forex is a digital currency exchange. You can bet on currencies going up or down. It’s very similar to investing in stocks, but the difference is that you don’t own them. This is great in a way because you won’t lose anything if the stock price goes down. You can even earn money if it happens. If you follow both local and global events, it’s not hard to do it. You can pretty much guess where the prices are going.

You don’t have to go to college to understand forex and finance. You can learn a lot from books and online courses. There are many great resources online. And most of them are free. There are YouTube channels that specialize in Forex education. But if you can, you should always invest in a good mentor. Having a mentor can help you get better results faster. Especially if you’re interested in doing this full-time.

There’s nothing wrong if you only do forex to make money. But have realistic expectations. Don’t expect to make thousands of dollars and drive a Lamborghini by the end of the year. Your goal was to make an extra $1000 a month anyway. But there’s nothing wrong if you want to make a career out of it, either. And if it turns out this isn’t for you, there are still great ways to make money with it. There are many forex robot services and traders on demand. They will take your money and trade it for you. They usually keep 50% of the profit, but they do all the work for you. This is great because you won’t have to do anything. But keep in mind that you need to invest at least $5k to have a $1000 profit.

Affiliate Marketing

Affiliate marketing is indeed one of the best ways to make money on the side. Especially if you know how to make content. Your only investment is time. And if you don’t have time but you have money to invest, that’s even better. You only need to have a business plan and take control of the people you hire to do the work for you.

There are many different ways to do affiliate marketing. Some people create websites on a specific topic and upload content every day. The website is optimized for search engines so that you can have more visitors. To do that correctly, you need some basic SEO and copywriting skills. So you should get a few courses before you start. 

Another way is to start a YouTube channel and upload video content. Most people choose this option because it’s free. You can find all the software you need for free and do the work in your free time. Some people already have a YouTube channel, and they use it to promote certain products. They get a commission each time someone buys the product over their link. And if they promote software or a subscription, they get a small commission every month. So there are many different ways to do it.

If you don’t have a YouTube channel, consider starting one today. The best part about doing affiliate marketing on YouTube is that you don’t have to show your face. Unless you want to, of course, you can stay anonymous and still make a lot of money. Find a niche that you understand and know a lot about, and start making videos. But first of all, research what products you can sell. There’s no point working on a specific niche if there are no ways to make money.

Amazon Affiliate

One of the best ways to make money with affiliate marketing is to become an Amazon affiliate. Amazon has a great affiliate program and requires little to no money to start. You can do it both on your website and your YouTube channel. Whatever suits you the best. All you have to do is to register on Amazon and create affiliate links for the products you’re selling.

The percentage you earn when someone buys the product is usually not big. This is the main reason many people don’t do affiliate marketing on Amazon. You can’t earn more than 5% of the original price. While other websites offer up to 75% off every sale. So it depends on what you do. If your content is about computers and gadgets, Amazon is a great choice. But if you talk about relationships, it’s not such a good idea. But the good thing about Amazon is that your link is valid for 24 hours. You get a commission out of everything they buy in the next 24 hours. And they don’t even have to buy the product you suggested. So, it’s not that bad. Some people are making more than $10k a month doing this, and they only do it part-time. And our goal was only to find a side hustle to make an extra $1000 a month.

YouTube

We were talking about making money doing affiliate marketing on YouTube. But there are even more ways to make money while you’re there. There is a popular business model called YouTube Automation. This includes hiring people to create content for you. You would hire scriptwriters, video editors, narrators, and others. Whatever you need. And some people like to do everything by themselves, which is ok if that’s something you like doing and you’re good at it.

If you’re consistent and you create high-quality content, you’ll get monetized very fast. You can earn an extra $2000 a month only with AdSense. It takes some time until your channel starts getting viewers, but it’s very profitable. If you’re patient and you don’t need money tomorrow morning, it’s a great opportunity. More and more high-quality content is uploaded every day. Many people, especially children, watch YouTube content more than they watch TV. Sometimes, even more than Netflix.

Print on Demand

Print-on-demand is of the common sources of income for YouTubers. But it can be done by anyone. You don’t need to have a YouTube channel. It certainly helps, but it’s not mandatory. You do need to find a way to get to people. But there are many ways to do it. So you should focus on platforms that you understand. Create high-quality content and post consistently.

The good thing about print-on-demand is that you only need to have a good design. There’s an entire team that will do the rest for you. Some employees are doing high-quality print on your merchandise. Others do the packaging and shipping. And they only take a small percentage of every sale. You don’t need to invest anything but your time. That’s one of the main reasons people choose to do it. It’s very profitable. 

Also, make sure to find a reliable company. Some of the most popular companies that offer this kind of service are Spring and Printify. There are many others as well. Research and find the one that fits your needs. The next step is to do a high-quality design. And you don’t need to pay a designer or buy expensive software. You can use Canva, which is a free online software for graphic design. And they offer a pro version for free first 30 days. You can use the pro version to create your designs in high resolution and export them to your computer. There are many templates, and it’s very simple to use. 

Email Marketing

Email marketing is one of the simplest areas of marketing on the internet. It’s also the most affordable one. And the funny thing is, it’s the one that will bring you the most sales. You don’t have to pay for emails, and you don’t have to worry about the algorithm. Because, unlike social media, everyone receives your email. Some e-commerce brands revealed that more than 60% of their sales came over email. And that happened in the last few years. People are using email more than you think. It’s not a thing of the past as many people seem to think. 

Email marketing principles are very simple and easy to understand. You can find great email marketing courses online and learn the skill very fast. Then, you can go to Google and find e-commerce brands that you can work with. Reach out to them and offer to run their email marketing campaigns for them. If they can’t afford it, you can do it for a commission on every sale that comes over email. They won’t lose anything, and you both gain a lot.