3 lucrative online side hustles that can be started instantly and earn up to $200 per hour.

3 lucrative online side hustles that can be started instantly and earn up to $200 per hour.
3 lucrative online side hustles that can be started instantly and earn up to $200 per hour.

Over 50% of Americans have taken up side hustles in the past year to earn additional income, according to a February 2024 MarketWatch Guides survey of 2,000 Americans.

Kathy Kristof, founder and CEO of Sidehusl.com, suggests that if you're interested in building an extra income stream, there are numerous options to explore, such as walking dogs, doing social media marketing, or selling items online.

Numerous straightforward online side hustle options exist that you could dive into immediately. Here are three easy ones to consider.

Market research

Numerous businesses conduct online market research using platforms such as Respondent and User Interviews to gather feedback through compensated participant opinions.

The website offers online surveys tailored to specific groups of people based on their community, job experiences, hobbies, and other characteristics. Users can create an account and receive notifications for survey opportunities that match their profile. Surveys can range from 10 minutes to 30 minutes and offer pay ranging from $25 to $200, depending on the duration and complexity of the survey. Payment is processed through PayPal.

You can create a profile on User Interviews and either apply to studies or wait for the site to suggest studies that match your background. Studies are typically one-on-one interviews, with varying time and pay. Examples include a 30-minute interview testing an online banking experience for $75 and a 45-minute study for data scientists for $200.

According to Sidehusl.com, many User Interviews participants pay for their tests using gift cards to retailers such as Amazon and Target, in addition to PayPal.

Teaching a language

If you have an extra hour during the day and want to improve your English skills, consider using Cambly, an international platform that aims to help people master the language.

You will need to have your camera on the entire time.

If you want to teach another language, consider tutoring on sites like Wyzant or Varsity Tutors.

No experience is necessary, and the site offers a payment range of $10-$12 per hour.

Consulting

Online consulting can be a lucrative opportunity, especially in fields such as marketing and healthcare, according to Kristof.

Maven offers the chance to create a profile, set an hourly rate, and showcase areas of expertise. Users can browse open jobs or receive notifications about available positions. Current job listings include a restaurant menu optimization project and a litigation advice request.

According to Sidehusl.com, users report earning between $25 and over $500 per gig.

To find part-time consultant jobs, you can search for them on LinkedIn by typing "part-time consultant job" in the search tab and looking through people's posts. According to Daniella Flores, founder of side hustle blog I Like to Dabble, many freelance gigs are posted on people's pages rather than on the job search.

To secure your dream job, enroll in CNBC's online course "How to Ace Your Job Interview." This course will teach you what hiring managers truly look for, effective body language techniques, what to say and not to say, and the best way to discuss pay. Use the discount code NEWGRAD to receive a 50% discount from 5/1/24 to 6/30/24.

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How your side hustles could actually be hurting you
by Gili Malinsky

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