Top 5 Side Hustles for Those on a Budget to Get Started!
So, you want to adopt a side hustle and start breaking away from the day-to-day grind of a 9-to-5? Don’t have a ton of cash to get started?
There are tons of side hustles you can launch with lessthan $100 in your bank account. Some can even be started with little to no capital, if you have the right skill set and a few basic everyday items.
Let’s look at five of the best budget-friendly side hustles you can use to get started as an entrepreneur.
1. Tech Flipping
Tech plays an important role in just about everyone's life. From video game consoles to computers, tech is part of everything. However, tech products are also very often in need of repair.
If you are a tech-savvy person, you can use that to make quite a bit of extra income, and you won’t even have to pay much to get started.
Take a look at eBay or other secondhand online markets, and search for “for parts” electronics. This means that the products listed in the search results aren’t working items.
These are heavily discounted, and a lot of the time, the electronics won't work due to minor issues. If you can reliably fix the most common issues with electronics, you can purchase the item "for parts", fix them, and then sell them at a profit.
2. Tech Support
Again, tech is everywhere. However, some people don’t list their broken stuff for parts; instead they try to get them fixed. With the same skills needed for flipping broken electronics, you can offer repair services and get paid; all without wondering about how you’ll offload the product once it’s fixed up.
Unlike tech flipping, you will need to market your service since the business model requires people to come to you.
If you want to make getting paid easier, try AtomPay. It’s quick, easy, and can be used with any platform.
If you’ve been on YouTube, you’ve seen thousands of these. Some are successful, some aren’t. You need to be consistent, have a unique personality, and a topic you can speak about with expertise.
Food reviews, cooking tutorials, travel vlogs, and all kinds of other topics are highly popular. Find a topic that suits your lifestyle you already and you can likely launch with a phone and laptop you own. Once your channel gets off the ground you can upgrade your tools and equipment.
If you’re a talented wordsmith or storyteller, it might be a good idea to put those skills to use writing a book.
It has never been easier to publish a piece of creative writing. Moreover, there are tons of materials available to help you increase the quality of your work without paying a ton of money.
You will have to create a proper cover and may have to hire someone to edit/market your work professionally but social media and a variety of online tools make that a fairly cheap endeavor.
This is primarily for those who have already had lengthy careers or tons of experience in a specific field. But if you do, consulting can be highly profitable.
If you’re an expert at something, you can help others navigate the difficult processes attached to it without leaving your house.
This can require a lot of marketing and one may need to generate content that establishes their authority on the topic. But once you start pulling in clients, you’ll be surprised by how fruitful and satisfying it can be to mentor another through a process you already know well.
Use Your Skills
These are just five examples. If you have a skill or are willing to dedicate yourself to learning one, you can build a side hustle around it. So, think outside the box, bet on yourself and put those skills of yours to good use!