According to a recent Quicken survey, 43% of Americans with a side hustle work fewer hours and earn more money than a regular job.
The most popular side hustles for those who admitted to working less and making more are personal assistance (20%), cooking and baking (16%) and caregiving (16%).
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While many side gig options exist, they don’t all pay the same because some ventures could require significant effort upfront without guarantees of future returns.
The goal of this article is to examine these three unique side hustles to help you determine if one of them is right for you.
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Working as a personal assistant was rated the best side hustle for those who worked less and earned more. One possible reason is that the participants found highly-specialized work in this field.
Personal assistant work can range from being a virtual assistant online to an executive assistant for a high-level businessperson.
According to ZipRecruiter, the average hourly rate for a personal assistant is $23.17. However, the amount that you earn will depend on the type of role that you land.
The average hourly rate for a virtual assistant is $24 per hour, but an executive assistant can earn around $29 per hour.
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You’ll want to begin by deciding what kind of personal assistant services you’ll try to offer. Some of the options for work as a personal assistant include:
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Virtual assistant: This is a role that’s typically performed digitally, with a variety of duties. You could handle administrative tasks or complete specific tasks depending on the person hiring you.
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Executive assistant: This job may pay more since you would be a private assistant for an executive-level person who wants to hire someone to handle personal tasks.
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Personal concierge: As a concierge, you would perform odd jobs that could range from making restaurant reservations to random tasks around the house.
Cooking and baking are among the more popular side hustles, which could likely be attributed to the rise of food delivery apps or the different ways to monetize this skill.
You could sell cookies or baked goods on a platform like Cookin or prepare customized meals for local athletes.
According to ZipRecruiter, a baking pastry chef earns an average salary of $25 per hour. While this is a decent amount for a side hustle income, a private chef will earn an average of $43 per hour.
Source: 3 Side Gigs That Will Help You Work Less — And Earn More
