Are you looking to earn some extra income in the New Year? Maybe you have some holiday bills to pay off or want to save up for a big vacation in 2023. Or perhaps you’re trying to send your kids to camp or pay for extracurriculars without breaking the bank.
No matter the case, a side hustle can be a great way to earn some extra money on the side to supplement your full-time income.
But not all side hustles are created equal. We’ve compiled a list of some great side hustles for women that are easy to get started which can be extremely profitable.
What Are The Most Profitable Side Hustles For Women?
When looking for a side gig, one of your first questions is likely around the potential to earn money. You may be surprised to learn that while women are more likely to have a side hustle than men (50% vs. 49%), men make more income from their side hustle, according to statistics collected by Incfile.
Here are a handful of the most profitable side hustles for everyone according to Shopify:
- Delivery drivers
- Virtual assistant
- Rideshare driver
- Graphic design/photography
- Affiliate marketing
- And more…
How profitable your side hustle can be depends on a lot of factors, like demand, time, and resources. As a woman, you’re likely juggling your time between your full-time job, family, friends, and other obligations. Plus, you’re working against the gender pay gap since women working full time in the U.S. are still paid just 83 cents to every dollar earned by men.
Finding the right side hustle that is both profitable and convenient is the key to success. You can set your own hours and your own prices to earn as much extra income as you want or need on your own schedule.
7 Side Hustle Ideas For Women
Luckily, we know about some easy side hustles for females that are also profitable (and fun!). In today’s gig economy, there are seemingly endless side hustles to choose from.
Here are a handful of the best side hustles for women you can try your hand at in the New Year.
1. Teach Courses Online
Many part-time jobs still require a physical presence (and dreaded commute) – but not this side hustle! Teaching online courses is a great opportunity to work from home and on your own hours.
As the experts at Boss Single Mama point out, you don’t need to be a “teacher” to make this type of money online. Online courses can include everything from yoga and fitness classes to tutoring or helping people learn another language (easy if you’re a native speaker).
2. Start a Blog
Do you have a knack for writing? Whether you’re an expert on a topic or want to share things like recipes, childcare tips, or more, you can find an audience online. After growing your blog, you can start earning money through sponsored posts and affiliate marketing.
While this side hustle can take a bit to gain traction, once it does you can start seeing your extra income rolling in. Just make sure you have the time and resources to market your blog to build an audience.
3. Be a Freelancer
While a freelancer may seem like a vague term, it’s one of the best side hustles for young women with some extra time trying to break into new industries.The best thing about being a freelancer is that your services are usually in demand in every industry. From content writing and managing social media accounts to graphic design and coding, you can offer your services and set your own prices for them.
As a freelancer, you can explore your passions while earning extra money. Plus, you can use handy websites that can help connect you with businesses or people seeking your services.
4. Become a Virtual Assistant
Put your organizational and customer service skills to work as a virtual assistant. Clever Girl Finance explains that virtual assistants provide services to individuals and businesses with all kinds of online tasks. This can be anything from responding to emails to scheduling meetings and anything in between all from the comfort of your home.
5. Try Your Hand at Transcription
If you enjoy typing (and can type quickly) your skills could come in handy as a transcriptionist. This side hustle has you listen to recordings or audio files and transcribe them to written content. All you need is strong typing skills and attention to detail to excel in this role.
The medical and legal fields are especially in need of transcriptionists, so if you have experience with their lingo you can have a leg up.
6. Proofread for Businesses
Another skill you can turn into extra income with a side hustle is becoming a proofreader. Businesses are always in need of professional editors who have a strong grasp of grammar and attention to detail.
As a proofreader, you can edit everything from web pages and blog content to legal documents and more. It’s easy to pop open your laptop once the kids are asleep to get to work on this side gig.
7. Run a Photo Booth Business
If you’re looking for the best side hustle that’s flexible, fun, and profitable, you can’t go wrong with a photo booth business. Whether you like photography or event planning, starting a photo booth side hustle is an easier and fun way to earn extra income.
Photo booths will always be in demand, and getting started with this side gig has low start up costs and a lot of flexibility. And, of course, we can’t forget to mention how profitable this side hustle for women can be. With an increase in demand, the photo booth industry is expected to double in size in the next few years.
Anyone can start a photo booth business, even women who feel like they have limited time.
Learn more about starting your own photo booth side hustle in 2023 by reaching out to the team at Photo Booth International today!