The art of the "side hustle" is growing more popular in the wake of a down economy. Many people are supplementing their workweek income by using their talents to pick up extra work. Others are monetizing their hobbies.
A side hustle can be done on the nights, weekends or another time that fits your schedule. Such ventures can add some extra oomph to your saving power.
Here are some of my favorite side hustle ideas.
Start a blog. Not all blogs rake in the dough. But with the right strategy, even a simple blog can start bringing in traffic and, thus, revenue. Signing up for ads that pay per impression or per click is a great way to earn anywhere from a few dollars to more substantial amounts of money each month. It's also a great way to advertise your skills if you're looking for work.
Open an online shop if you craft. Etsy, eBay and other online stores make it easy to start an online store without having a website. And the low startup cost lowers the obstacles to starting. Another idea for crafters is to sell sewing patterns, craft kits or project ideas that can be shipped or printed online.
Act as a guest speaker or teacher. Local colleges, community centers and cultural centers are always looking for guest speakers and teachers. Certification is not always required. With the right background and expertise, you can earn cash by putting together weekend workshops that teach people to set up websites, do their taxes or learn home repairs.
Sell stuff. If you've already purged your home of any old DVDs, books and collectibles you no longer need, offer your clutter-busting services to others. Either volunteer as a home organizer or help people sell their stuff online for a commission.
Become a pet sitter. Housing your pet during a trip or vacation can not only be expensive, but also traumatic. Pet-sitting has no startup costs and simply requires some word-of-mouth advertising to drum up business. Pet owners would love to cut costs and send Fido or Fifi to someone they can trust. If you tend to stay home for the holidays, it can be a great way to add some extra income.