![]() ![]() ![]() According to a Mastercard report, global gig-economy transactions are set to grow 17 percent each year to $455 billion by 2023. As many as 55 million people in the US, or 34 percent of the workforce, were classified as gig workers in 2017, according to the International Labor Organization. Gig economy work has been on the rise since the 2008 economic crisis, creating a need to take on multiple piecemeal jobs. You may decide that there are additional skills you’d like to develop to achieve your goals. These categories can help determine what kind of side job suits your current needs. These side jobs are often remote, so you can do them from home or anywhere with an internet connection. This type of work tends to be on a freelance or contractual basis. Remote freelance work is providing a service for a client that tends to include industry-specific skills. This may also involve transforming a hobby into a service or form of entertainment. Part-time work is completing shifts assigned weekly or with a fixed schedule, typically less than 40 hours per week. Just sign up for the app, log in, and request to be assigned a task. Gig economy work is performing a series of tasks, usually through an app or website, in which you create your own hours. Here are three types of side jobs to choose from: Your reason, as well as your availability in terms of time, resources, and skill set, can help you decide what to pursue. When it comes to choosing the right job for you, think about why you want (or need) to work. Whether you want to get started today or make a plan to monetize a hobby, you have plenty of options to consider. This article offers a list of 15 side jobs to help you make extra money. Nearly one in three people with side jobs needed the extra income, and almost half of working Americans (45 percent) reported having a side job. ![]() In the United States, side jobs gained popularity because of low wage growth and wage stagnation, as cost of living and inflation (up 7 percent in the last year as of October 2022) continue to rise. More ambitious individuals may want to strengthen a skill in hopes of turning it into a side hustle or even start a small business. Others may want to pay off student loans or credit card debt more quickly, save up for a house or another big purchase, or have extra funds to travel frequently. They may feel that they aren’t earning enough in their day job. People who want a side job tend to be motivated by earning extra money. Taking on a side job is, well, extra work-so it requires plenty of motivation and time management skills. Side jobs can vary greatly, from gig economy work that provides cash in a pinch to remote jobs with flexible hours. A side job is work that a person pursues alongside another, usually more structured or stable, job or degree program. ![]()
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