Side hustles have become quite popular since the pandemic. And while this could be due to the sudden increase in job loss and unemployment, it might also be due to more professionals realizing the power of a successful side hustle.
Not only are side hustles a great way to generate a bit of extra income, but they’re also a fantastic way to capitalize on a hobby or interest.
So, whether you’re hoping to make some extra money to put towards annual vacations or you’re hoping to get more out of your hobbies, we’ve listed the most profitable side hustles in 2022.
Selling Photo and Video Content
In today’s digital day and age, anyone can be a photographer and videographer with the right equipment and enough passion. There are also quite a few effective ways to successfully generate profit in this regard, from starting a YouTube channel to selling stock photos.
Should you opt for the former, you’ll need to devote some time to creating a channel that’s capable of generating profit. There are a few relatively straightforward steps involved in creating a successful YouTube channel, like using a YouTube banner template, licensing your content, activating ads, and getting enough followers to join the YouTube Partner Program and start earning.
For the latter option of selling stock photographs and video clips, there are tons of places to sell your content, like Adobe Stock, Shutterstock, and Alamy, to mention only a few.
Another side hustle that’s quickly gaining traction is selling children’s literature and early learning books. This particular genre seems popular merely because it’s on the easier-to-do spectrum of writing. Even so, you can also sell eBooks of virtually every other kind with the help of self-publishing platforms.
Amazon is a particularly common option for authors looking to sell their creations. When selling your books through this mega-brand, you’ll maintain ownership of your work, and you can also upload your book in a few minutes.
The world of homemade goods is taking off as well. And this is likely due to the fact that the Internet of Things makes it easy for anyone to open a virtual marketplace.
Selling crafts online can be profitable, and you also don’t have to build your own e-commerce website either. There are virtual marketplaces out there like Amazon and several others that will let you sell your goods.
The world of freelancing is enormous and growing larger by the day. Freelancing offers professionals the opportunity to take on small projects and temporary contracts with flexibility. This means you won’t need to quit your regular job to be a freelancer.
The most popular industries for freelancers are accounting, customer service, digital marketing, therapy, and computers and IT.
There are so many ways to generate a second or extra income in today’s tech-savvy world that the options listed above barely scratch the surface of what’s really out there. But even so, before you choose a side hustle, be sure to weigh out the pros and cons of each opportunity, as there might be some initial investment and time requirements to turn your interest into monthly profits.