Side Hustle Jobs: You want to earn some extra money on the side in 2024 but may not know where to begin. There are many side hustle jobs that pay well in the UK if you have the right skills or are willing to learn. Whether you have a few spare hours a week or want to work full-time hours, opportunities exist that align with your interests or experience.
As you seek your next side gig, consider positions like rideshare driving, freelance writing, virtual assisting, or pet sitting. With a bit of research and dedication, you can find a fulfilling and lucrative side hustle that fits your lifestyle in the UK this coming year and start earning more money.
Introduction to Side Hustles in the UK
A side hustle refers to a part-time job or money-making venture outside of one’s primary job. Side hustles have become increasingly popular in the UK, as they provide an opportunity to generate extra income and gain valuable experience. The income from a side hustle can help supplement your primary income or even evolve into a full-time job.
Top 8 Highest Paying Side Hustles in the UK for 2024
As the cost of living continues to rise in the UK, many individuals are turning to side hustles to generate extra income. A side hustle is a part-time job or other money-making endeavor in addition to one’s primary occupation. The following side hustles are projected to be among the highest paying opportunities in 2024:
1. Online Tutoring
Online tutoring allows you to help students learn various school subjects remotely. Tutors can make between £14 to £22 per hour, depending on experience and qualifications. The subjects most in demand are mathematics, sciences, English, and modern foreign languages.
2. Driving for a Ridesharing Company
Driving for companies like Uber and Lyft in your spare time can generate £10 to £15 per hour. The more you drive, the more you can make. You will need a reliable vehicle, a valid driver’s license, and auto insurance to get started.
3. Website or Graphic Design
If you have skills in web development, graphic design, or multimedia design, you can find freelance work creating websites, logos, marketing materials, and more for small businesses. Experienced freelance designers typically charge between £25 to £50 per hour. You will need a portfolio of your work and possibly web design certifications to attract high-paying clients.
4. Online Surveys
Completing online surveys in your spare time can generate £5 to £15 per hour. Look for market research companies that offer surveys for consumer opinions and product feedback. The more surveys you complete, the more you can earn. Many survey sites also offer sweepstakes entries, gift cards, and other incentives for participation.
5. Transcription
Transcribing audio into text is a flexible side hustle that can pay £10 to £20 per hour. Look for companies that hire freelance transcribers to convert recordings of speeches, focus groups, podcasts, and other audio sources into written documents. You will typically need a computer, headphones, and a high degree of accuracy and typing speed. Experience with transcription software may also be required.
6. Freelancing
Freelancing involves working as an independent contractor, providing services to clients. Popular freelance jobs include writing, programming, graphic design, and consulting. Freelancing allows you to leverage your skills and expertise to generate income on your own schedule.
7. Retail work
Working part-time in retail, like in a shop or restaurant, is a classic side hustle option. Retail jobs typically have flexible scheduling which allows you to work around your primary job. While the pay may be relatively low, retail work can provide an opportunity for additional income and valuable experience.
8. Start an online business
If you have a skill or expertise in a particular area, consider starting an online business. You can sell products or services through your own website, online marketplaces like Etsy, or by dropshipping. While launching an online business does require time and effort, it has the potential to become a significant source of income. With hard work and persistence, an online side hustle could even turn into a full-time job.
READ ALSO: The Top Highest Paying Jobs for Teens in the US in 2024
FAQs
What qualifications or skills are required for these side hustles?
The side hustles outlined do not necessarily require formal qualifications or certifications to get started. However, certain skills, experiences, and attributes can be beneficial for specific roles. For example, tutoring or online teaching may require proficiency in certain subjects or areas of expertise. Freelance writing or virtual assistance can benefit from strong communication and organizational skills. In some cases, a degree or background in a particular field, such as health, finance or technology may be preferred. Overall, motivation, time-management, self-discipline and a willingness to learn are useful skills for any side hustle.
How much can I earn from these side hustles?
Earnings potential for the top side hustles in the UK can vary significantly based on factors like hours worked, experience, qualifications, and job type. According to recent surveys, individuals can earn between £30 to over £100 per hour for roles like online tutoring, freelance writing, and virtual assistance. Freelance work in areas like programming, graphic design, and consulting can earn upwards of £50,000 per year. The key is to set competitive rates, build your experience and client base over time.
How do I get started with a side hustle?
The first step to starting a side hustle is to identify opportunities that match your interests, skills, and goals. Then, you need to set up the logistics to get your business off the ground. This includes creating a professional profile or website to help you find clients, determining your service offerings and pricing, promoting your services, and managing administrative needs like contracts, invoicing, and accounting. It is also important to start small, gain experience, build your portfolio and online reviews to help generate more interest over time. With hard work and persistence, the top side hustles in the UK can become very lucrative.