Are you looking for a side hustle to generate extra income in 2024?
Here are five ideas for lucrative jobs you can do online, part-time to make more money on a monthly basis.
The best part? If you don’t have them already, you can learn the skills you need for all these options by yourself, online, mostly for free.
Web Design
To start with, one of the most lucrative online side hustles is web design.
In 2024, every business needs a website to succeed. Statistics show that the vast majority of customers check out businesses online before visiting physical stores. Plus, a study by Stanford University revealed that 75% of consumers assess the credibility of a business based on their web design.
The bottom line? There’s a high demand for web designers.
And thanks to content management systems such as WordPress, and intuitive drag-and-drop website builders like Elementor, Gutenberg, and Divi, you no longer have to be a coding whiz to design a visually appealing website.
The best way to go is to brush up your skills by following some of the many exhaustive YouTube tutorials and getting started by building a few sample websites for your portfolio. Then, you can launch your side hustle and start generating an actual income.
Bookkeeping
Another online side hustle with a massive earnings potential is bookkeeping. While it may sound less glamorous, freelance bookkeepers are in high demand.
If you’ve got a knack for math, juggling numbers, and organizing figures, bookkeeping may be the perfect side hustle for you. Many businesses need help tracking their invoices and expenses, and balancing their various accounts.
Plus, you don’t need formal qualifications to launch your bookkeeping business. While some bookkeepers have a specialized degree, many start their career with a high school diploma or some trade school classes. If you want to polish your skills, you can consider taking an online bookkeeping course before getting started.
Ben Robinson, CEO of Bookkeepers.com, which offers bookkeeping masterclasses, says: “There’s no denying you can achieve a lot with this career path, and you can learn how to become a bookkeeper through training courses. You don’t even need related work experience to qualify for bookkeeping training. And, you don’t have to be a Certified Public Accountant (CPA). If you have no previous experience in the accounting industry, this means you need to pick your bookkeeping courses wisely. They should cover all the essentials you need to learn to be a competent and capable bookkeeper.”
Video Editing
Is your hobby making fancams for X? Running a YouTube channel? Or uploading edits of your favorite shows and movies?
Then becoming a freelance video editor is a fantastic way to make some extra money online. With the surge in video marketing content – especially short-form, vertical clips for TikTok, Shorts, and Reels – many businesses are looking for editors.
Skill-wise, you’ll need to have a solid grasp on editing software like Premiere Pro, Final Cut, or DaVinci Resolve. And you’ll have to be a pro at selecting the right cuts, effects, and animations to produce a captivating clip that fits the brand voice of your client.
The good news? Many hobby editors have found that the transition to being a well-paid pro is fairly smooth. In fact, most video marketing clients are less demanding than YouTube’s comment section.
Social Media Management
Are you hooked on social media? Completely in tune with the conversation on X? Up-to-date with the latest TikTok trends?
Then you’ve got a great shot a launching a lucrative career in social media management. Like having a website, maintaining a presence on social media is a key element in establishing a business’ online presence. Still, many marketers struggle to get their brand voice right and become part of the conversation without seeming artificial.
That’s where social media managers come in. You’ll need to pinpoint how to best reach a business’ target audience – which platform and content type to leverage to generate the most engagement. And you’ll need to create content, from TikTok videos to Facebook posts, that is custom-tailored to resonate with that audience.
If you’re a social media junkie with multiple viral posts under your belt, then this should be a breeze for you. Especially if you also study up on social media strategy by following some of the many specialists out there who’re sharing their knowledge on their own accounts.
Search Engine Optimization
Finally, another lucrative side hustle idea is search engine optimization (SEO). SEO describes a set of practices that help websites rank in the top spots on Google.
A large part of SEO is doing research on what search terms people use to look for products or services – and then writing custom-tailored website copy and blog posts to target these keywords. Another part of it is making sure that your customers’ websites are fast enough, and that other sites link back to it (“backlink building”).
Sounds complicated? With a little practice, it’s really not. If you’ve got some experience as a writer and some time to study up on SEO best-practices, you’ll be all set to start looking for your first clients.
Plus, there are countless free online resources to stay up to date with the latest SEO trends and learn from the best.
The Bottom Line
Launching a side hustle can seem daunting, even if it’s tempting to make an extra income in 2024.
Ultimately, the key is to pick a side hustle that builds on your strengths, and involves tasks that you genuinely enjoy – from writing SEO-optimized texts to editing videos that are perfectly on-beat.
Go through the list above, assess your own strengths, and launch yourself into your side-hustle adventure!
Source: Lucrative Ideas for Online Side Hustles to Make More Money in 2024
