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Top Side Hustles of 2020

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If you’re trying to figure out how to make extra money to make ends meet, have a dream vacation you want to make a reality, or save up for a big purchase, a side gig can be just what you need. Finding the right side hustle becomes the challenge, especially because you want to be sure the amount you’re earning is worth your time and that you actually like what you do.

We’re here to help with a list of the best side hustles out there. Check out some of the things you could be doing in your spare time to get closer to your financial goals.

Best Overall
postmates logo
  • Get paid to go shopping and make deliveries
  • Be your own boss and set your own hours
  • Get paid weekly
2
doordash logo
  • Be your own boss and set your own hours
  • Keep 100% of the delivery fee plus any tips or boosts
  • Dashers earn an average of $15-25 an hour
3
  • Make your own schedule and work when you want
  • Get paid within an hour through instant cash out
  • Choose between just shopping or shopping and delivering
4
  • New projects posted every two seconds
  • Decide when, where and how you want to work
  • Free to join
  • Over 100 million projects started
5
  • Make money in your spare time
  • Get paid instantly via PayPal for filling out surveys and surfing the web
  • Join over 6 million members

How to pick the best side hustle for you

A good side hustle fits easily into your life and provides the money you’re looking to make. Exactly what that looks like will be different from person to person. Some people need to figure out how to make $1,000 a day; others are aiming to make that amount in a week or a month.

Here are some things to consider when you start looking into the best side hustles for you:

  • How much time will I have to commit to earn enough money? A low time-to-money ratio is always a good thing. Earning more in less time makes sense for just about everybody. That said, some side hustles that take more time could make more sense if you’re considering the long-term picture.
  • Do you need money to do the job? For example, you can’t earn money with a rideshare company if you don’t have a car that meets its standards. If you have to invest a lot of money into your side hustle to get started, that may be a barrier that won’t make that particular gig worth the effort. Take stock of what you have to offer and start with the path of least resistance.
  • When can you work? Full-time jobs, family, and other commitments may keep you on a strict schedule. A good fit for a side hustle will allow you to keep your priorities and earn some extra cash during your naturally available time.

Still trying to figure out which side hustle is right for you? There are a few more things to think about that may help you narrow down the field.

What is your existing skill set?

By tapping into the things you like and the things you’re good at, you can land a side hustle that delivers both money and fulfillment. Are you a good writer? Then blogging or freelance writing might be a good fit.

Maybe you’re a bookkeeper by day and love working with numbers. You could offer part-time services online or to local companies. Love animals? Pet sitting and dog walking through Rover could be a great match.

Combining a few of your existing skills could be just the answer you need for how to make $10,000 a month.

What resources do you have on hand?

There are lots of ways to make money using the resources you already have. If you have a car you don’t drive often, you could rent it out through a peer-to-peer service such as Getaround or Turo. Do you have a collection of designer shoes and bags in good condition? Turn your old stuff into extra cash through resale sites such as Poshmark or thredUP.

What sounds fun?

Making money is much more enjoyable if it doesn’t feel like work. So when you’re looking for a side hustle, make sure you like what you’ll be doing.

Want to make money from home? Look for online or remote opportunities such as answering surveys or freelancing. Not a big fan of people? Don’t worry — there are plenty of money-making side hustle for introverts. If you choose a side hustle that you actually like, sticking with it until you meet your financial goals becomes much easier.

How much money do you need and how much time do you have?

A great side hustle allows you to make the most money for the least amount of time. If you’re also working full time, the time you have for extra work may be limited. Consider how much time you can commit to a side hustle and how much you can make with a particular job within that time frame.

For example, you could make $2,000 a month as a part-time reseller. If it’s not enough to reach your financial goals, look for something else.

Do you want to turn this into a full-time job someday?

Lots of people find that working a side hustle can be more satisfying or lucrative than their day job. Others use side hustles to get their feet wet in a new industry. If these are part of your moonlighting goals, then look for opportunities that get you closer to achieving them.

Pick a side hustle that allows you to learn and practice new things so you can earn some extra cash while mastering your new skill.

Don’t worry if you don’t get it right the first time

Sometimes it takes a few tries to find the right side hustle. Or maybe you’re the kind of person who likes juggling several jobs. Trying one or more opportunities can be a good strategy for finding a good fit or keeping a stream of income flowing at any given time. This can also keep you from getting bored with doing the same thing day after day.

Thankfully, the list of side hustles available in the world is a long one.

Frequently asked questions about side hustles

Should you have a side hustle?

Only you can answer that question. A side hustle may fit well into one person’s lifestyle, but not so much in another’s. It depends on your goals and priorities, as well as what you are willing to do to reach them.

Many side hustles are easy, enjoyable, and fit well into a full-time schedule. Others require more of a commitment of time and resources. The key is to find what works best for you.

How do I make an extra $1,000 a month?

You can do this with one or more side hustles, depending on what you want to do. There are active options that require you to spend your time working. These include partnering with rideshare companies, delivering food with services such as Postmates, or helping out on home projects through Thumbtack.

You could also explore ways to earn passive income, such as renting a room in your home, sharing your car through a peer-to-peer service, and selling clothes or items you own that you don’t need anymore. Whatever you choose, your goal should be to earn at least $250 a week if you want to make $1,000 extra each month.

How can I make extra money while working full time?

First, make sure your full-time employer is OK with you moonlighting. Some companies have policies about employees working after hours. Second, look for a side gig that fits with your regular work schedule. Something that can be done on evenings and weekends might be a great option if you work a nine-to-five day.

Blogging and freelancing are great options that can monetize your passions and talents. More passive side gigs that don’t require much time or effort are also good choices. Look into how to sell items on Amazon or how to start an Etsy shop.

How can I make some extra money fast?

If you want to make extra money fast, look for side gigs that pay immediately or at least weekly, and that don’t take long to get into the swing of things.

If you have clothes, furniture, or other items you don’t use anymore, list them for sale online. Sign up to be a rideshare driver or work with a shopping/delivery service. Many of these services pay weekly. Working with kids and animals as a sitter or walker can also pay quickly.

You could even add some money-saving apps to your phone, such as Fetch Rewards or Shopkick, that give you gift cards or cash rewards for shopping.

How do you start a side hustle?

Looking is the first step. Do your research and learn about what money-making opportunities are available in your area. Then, evaluate which are worth your time and fit your lifestyle. Once you settle on one or more options, create a plan for how you will work with those companies to earn what you need. Finally, contact the company or companies you want to work with and throw your hat into the ring!

Best Overall
postmates logo
  • Get paid to go shopping and make deliveries
  • Be your own boss and set your own hours
  • Get paid weekly