More Americans are turning to freelancing, with 38% engaging in freelance work in 2023, according to Upwork’s 2023 Freelance Forward survey. Many people pursue freelancing as a side hustle alongside their full-time jobs. If you are considering a side gig, there are numerous opportunities available, such as writing video game profiles, pretending to be someone on dating profiles, or standing in line for people. When deciding on a side hustle, it is important to consider your unique qualities and skills that could be valuable in the freelancing market.
Two high-paying and in-demand side hustles to consider are SEO consulting and cybersecurity. SEO consulting involves helping websites attract more traffic by optimizing content for popular search keywords. According to experts, there is a significant demand for individuals who understand SEO techniques. Online courses and tutorials are available for those interested in learning SEO. Cybersecurity is also a lucrative field, as the increased reliance on digital technology has led to growing threats online. Companies like Google, IBM, and Apple offer affordable or free courses in cybersecurity, and various certifications are available for those looking to enter the field.
Coding is another high-paying side hustle option, especially with the demand for training AI platforms. While many coding professionals have degrees in computer science, it is not a strict requirement to enter the field. Online coding boot camps and university courses can provide the necessary skills to get started. Sites like Data Annotation Tech offer coding opportunities through assessments and guarantee work for participants. Freelancers can also use platforms like LinkedIn to find coding jobs, with some individuals earning up to $50 per hour through freelance work. Coding experts on sites like Upwork are charging as much as $200 per hour for their services.
For individuals looking to make extra money outside of their day job, there are numerous opportunities to earn passive income online. CNBC offers an online course on how to earn passive income online, covering common streams of passive income, tips for getting started, and real-life success stories. Making passive income can provide financial security and flexibility, allowing individuals to pursue their entrepreneurial ambitions. Signing up for CNBC’s Make It newsletter can also provide tips and tricks for success in work, money, and life, helping individuals achieve their goals and aspirations.
