Blogging is a great side hustle because you can do it at your own pace anywhere you want. It's not a quick and easy way to make money, but there are a lot of ways to make money side hustling while blogging. You can sell advertising, become an affiliate for other people's products, sell your own online product, and more. It does take time to build up an audience to be able to make a decent amount of money, but once you have a large following, you could earn over $15,000 per month or more (we do).
College can be a great time to learn the ins and outs of investing so you can become a smarter investor when you begin earning a full-time paycheck. If you don’t have the time to learn about investing, but want to get a head start on building a nest egg so you can retire early, Betterment is a hands-free way to earn regular dividends that can turn a $100 investment into $1 million during your lifetime.
Continuing on the trend of selling stuff from your body, did you know that you can sell your hair? People actually will pay money for your hair – long hair, short hair, even men's beards. BuyandSellHair.com is the largest online hair marketplace, where you can post a listing of your hair and other people around the world will contact you regarding your listing.
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One of the best ways to get started investing in real estate is to buy a house in college and rent out the other rooms to roommates. One of my best friends did this – he bought a 4 bedroom house his freshman year and rented out 3 of the rooms. The rent from the roommates covered the rent and all the expenses, and he was able to pocket a small profit each month. By the time he graduated college, he had two rentals and a house for himself.
Being a Loan Signing Agent is a great side hustle because you can make $75 to $200 per hour-long appointment working for yourself on your own schedule. Retired people, working professionals, and students can be signing agents and earn extra cash when they want. The best part is you need nothing more than a notary commission (which can often be attained by simply filling out an application)!
Similar to investing, peer-to-peer lending is where you loan money to someone else, and they pay you back with interest. The great thing about peer-to-peer lending is that you can lend as little as $25, and your loan will get bundled into a bigger loan for the borrower. Each month, they'll pay you back principal and interest. You can snowball this initial investment into many investments because you get your principal back as well each month. Many lenders earn over 5%-7% on their investments. Check out Lending Club to get started.
Barter your services with friends. Do you spend more than you'd like getting your hair and nails done each month? Do you have a friend who can't resist the pastries at the coffee shop or who pays for a personal trainer? Think about what both you and your friends spend money on, and then see if there's a way for you to barter and trade services with each other in order to save money.