Side Hustles That Are Expected to Boom in 2024
The rising cost of living and a shifting job market have made side hustles more popular than ever. Whether you’re looking to supplement your income, build financial security, or turn a passion into a business, having an extra source of money can make a huge difference. In 2023, a survey by Bankrate found that 44% of Americans had a side hustle, and this number is expected to grow even more in 2024.
With technology making it easier to start and scale a business, now is the perfect time to explore side hustles that offer flexibility and profitability. This article highlights the most promising side hustles for 2024, along with tips on how to get started.
1. AI-Powered Freelancing
AI is transforming industries, but instead of replacing jobs, it’s creating new opportunities. Businesses need people who can work with AI tools like ChatGPT, MidJourney, and Runway ML for content creation, graphic design, and video editing.
💡 How to start:
- If you have writing, coding, or design skills, learn how to integrate AI into your workflow.
- Offer AI-enhanced services on platforms like Fiverr, Upwork, or Freelancer.
- Market yourself as someone who can improve efficiency using AI tools.
🔹 Potential earnings: $25–$100 per hour, depending on experience.
2. Print-on-Demand (POD) Business
E-commerce continues to thrive, and print-on-demand (POD) makes it easy to sell custom T-shirts, mugs, phone cases, and more—without holding inventory. When a customer places an order, a supplier prints and ships the item for you.
💡 How to start:
- Use platforms like Printful, Redbubble, or TeeSpring to create and sell designs.
- Focus on niche markets like pet lovers, gamers, or fitness enthusiasts.
- Promote your products on social media or Etsy.
🔹 Potential earnings: $500–$5,000 per month, depending on marketing efforts.
3. TikTok and YouTube Content Creation
Short-form and long-form video content is exploding, and creators are making money through sponsorships, ads, and merchandise sales. Whether it’s educational videos, product reviews, or comedy skits, there’s an audience for almost everything.
💡 How to start:
- Pick a niche (tech, fitness, personal finance, DIY, etc.).
- Post consistently on TikTok, YouTube Shorts, or Instagram Reels.
- Monetize through YouTube Partner Program, brand deals, or affiliate marketing.
🔹 Potential earnings: $100–$50,000+ per month (top creators can earn six figures).
4. Digital Products and Courses
Selling digital products is one of the best passive income side hustles because you only create the product once and can sell it repeatedly. Popular digital products include e-books, templates, stock photos, and online courses.
💡 How to start:
- Identify a skill or topic you’re knowledgeable about.
- Use Gumroad, Teachable, or Etsy to sell digital items.
- Promote your products through blogs, YouTube, or TikTok.
🔹 Potential earnings: $500–$10,000 per month, depending on niche and marketing.
5. Remote Virtual Assistance
Businesses are outsourcing administrative tasks more than ever, making virtual assistance a lucrative side hustle. Tasks can include email management, social media scheduling, and customer support.
💡 How to start:
- Offer your services on Belay, Fancy Hands, or Upwork.
- Specialize in a niche (real estate, e-commerce, social media, etc.).
- Charge hourly or monthly retainer fees.
🔹 Potential earnings: $15–$50 per hour.
6. Selling Handmade Goods on Etsy
Handmade and custom products are in high demand. If you’re good at crafting, jewelry-making, or home decor, Etsy can be a great platform to sell your creations.
💡 How to start:
- Open an Etsy shop and create high-quality product listings.
- Use social media (Pinterest and Instagram work well) to drive traffic.
- Offer seasonal or personalized items for higher demand.
🔹 Potential earnings: $500–$10,000 per month, depending on demand and pricing.
7. Affiliate Marketing
Affiliate marketing involves promoting products and earning a commission for each sale made through your referral link. This side hustle is perfect for bloggers, content creators, or anyone with an audience.
💡 How to start:
- Sign up for Amazon Associates, ShareASale, or Impact to get affiliate links.
- Create product reviews or guides on a blog, YouTube, or TikTok.
- Focus on high-ticket affiliate programs for bigger commissions.
🔹 Potential earnings: $100–$10,000+ per month.
8. Renting Out Assets (Cars, Equipment, and Space)
If you own a car, camera gear, or even an extra room, renting it out can be an easy way to earn passive income.
💡 How to start:
- Rent out your car on Turo or equipment on Fat Llama.
- List a spare room on Airbnb or VRBO.
- Offer storage space on Neighbor.com.
🔹 Potential earnings: $200–$3,000 per month.
9. AI-Powered Resume Writing and Career Coaching
With job seekers looking for ways to stand out, career coaching and resume writing services are in high demand. AI tools can help speed up the process.
💡 How to start:
- Use ChatGPT or Canva to create polished resumes.
- Offer career coaching on LinkedIn or Fiverr.
- Create digital resume templates for passive income.
🔹 Potential earnings: $50–$500 per resume or coaching session.
10. Stock Photography and Video Licensing
If you enjoy photography or videography, you can make money by selling your work to stock websites. Companies, bloggers, and advertisers are constantly looking for high-quality visuals.
💡 How to start:
- Upload your work to Shutterstock, Adobe Stock, or Getty Images.
- Focus on trending content (business, fitness, remote work, etc.).
- Optimize descriptions and keywords for better discoverability.
🔹 Potential earnings: $100–$5,000 per month, depending on quality and quantity.
Getting Started With Your Side Hustle
The best side hustle is one that fits your skills, interests, and available time. Here’s how to get started:
- Pick One Hustle: Avoid trying multiple ideas at once. Focus on one side hustle and master it.
- Invest Time in Learning: Watch tutorials, take courses, or follow industry experts.
- Start Small: You don’t need a big budget. Many side hustles can be started with little to no upfront investment.
- Be Consistent: Success won’t happen overnight. Set goals and track progress.
- Scale Up: Once you start making money, reinvest into your side hustle to grow it into a full-time income stream.
Conclusion
Side hustles are no longer just a way to make extra money—they’re becoming essential for financial stability and career growth. With AI tools, digital platforms, and new market trends, 2024 offers more opportunities than ever to start and scale a profitable side hustle.
Whether you’re creating digital products, renting out assets, or offering freelance services, the key is to start small, stay consistent, and adapt to industry trends. The best time to start a side hustle is now—your future self will thank you.