With the year underway, and economy still struggling, having a side hustle that serves as an extra income source is imperative to stay afloat.
To this end, here are five side hustles you could consider exploring to augment your income in 2024:
1. Tutorial and Coaching
Tutoring and coaching can be a lucrative side gig if you have a passion for teaching and understanding ofa specific subject.
Offering private lessons in areas such as mathematics, languages, and test preparation, whether in person or online, can help you earn a good living.
2. Residential or Commercial Cleaning
Commercial cleaning is extremely lucrative, and every business needs a commercial cleaner to help clean their premises. And the best part is, you can do this as a side hustle, as the cleaning happens after hours.
How Money Works: Teach Your Kids About Finance
To get started, decide what you want to do, put your offer together and start distributing flyers, call some companies and tell those that you know that you have started a cleaning company.
3. Freelance Writing
With the expansion of online platforms and the demand for high-quality written material, freelance writing is a feasible side hustle option. Whether it’s producing blog posts, essays, or website content, creative writers can find plenty of ways to earn a consistent income by demonstrating their writing abilities.
4. Fitness Training
Fitness instruction has gotten more and more common as well-being.
Assisting individuals in reaching their fitness objectives may be rewarding and financially rewarding, regardless of your area of expertise—personal training, group exercise programs, or online coaching.
5. Home Baking
Nigerians love food, so baking at home might be a lucrative side business.
You can capitalize on the celebration culture and accommodate birthdays, marriages, and other special occasions by providing personalized cakes, pastries, or snacks.
6. e-Commerce
The growth of internet purchasing has created opportunities for prospective entrepreneurs to launch their own online business. Individuals can sell things and earn a consistent income by recognizing niche markets.