Inflation-Proof Yourself with a Side Hustle: Combat Rising Costs with These Lucrative Opportunities

Considering looking for a second job or side hustle to supplement your income? Check out these options that can help pad your bank account.

Most Americans Could Use Extra Money

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If you’re finding yourself in need of some extra cash to make ends meet, you’re not alone. Two-thirds of Americans are living paycheck to paycheck and could use a financial boost.

Side-Hustles Can Supplement Income With Less Commitment 

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These jobs could be great options for you if you’re not ready for the commitment of a second full-time job. Many of them can be done remotely and some are even entry-level.

#1. Adjunct Professor

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If you have a master’s degree and are interested in teaching, you might consider becoming an adjunct professor. These educators work part-time in colleges and universities to teach courses in their subject, usually to undergrads. 

#2. Bookkeeper

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Bookkeeping can be done from the comfort of your own home with little more than a computer, calculator, and bookkeeping software.

Bookkeepers take care of the finance side of things for businesses, and many small businesses don’t see a need to keep a full-timer on staff.

That’s where you come in – you can work on a part-time basis to provide businesses with the financial organization they need.

#3. Customer Service Specialist

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Many companies hire part-time, remote workers to handle incoming customer service calls.

If you’re good on the phone and have a quiet place in your home where you can regularly take calls for your assigned shifts, this could be a great way to earn a few extra bucks.

#4. Consultant

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The great thing about consulting is that it can be done in just about any field, from just about anywhere. Is there an industry or topic you know a lot about and have plenty of professional experience in?

You might find that offering your services as a consultant could bring in big bucks just by sharing what you know.

#5. Freelance Content Writer

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If you enjoy writing, why not try to get paid for it? Many companies hire freelance content writers to create content for their blogs and websites.

You could find a niche you’re passionate about and write about the things you love.

#6. Copy Editor

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Copy editors focus on proofreading content that other people write, so this is a good option for detail-oriented people with a sharp eye and a good understanding of the English language and its rules.

#7. Event Planner

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Do you love the excitement of party planning but lack many good reasons to throw events yourself?

If you’re organized, punctual, and quick on your feet, event planning might be a fun way to make extra money and exercise your skills.

Event planners handle everything from weddings to professional events, and no two days are the same.

#8. Graphic Designer

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Graphic design is an area that isn’t for everyone – you’ll need to have some artistic ability and technical skills with computer software meant for design.

But if that sounds like you, graphic design can combine your talents with money-making opportunities.

#9. Human Resources Representative

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Often, companies outsource their human resources needs in an attempt to save money.

If you have the experience and knowledge required, you could consider freelancing as an HR expert to help companies stay on track while also keeping a flexible schedule.

#10. Transcriptionist 

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Transcriptionists are given audio or video files to type up in written versions. This can include legal proceedings, medical information, news and current events, and much more.

#11. Captionist 

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Captioning is kind of like transcription, but instead of typing up documents, you’d be creating closed captions for videos.

This involves a little more multi-tasking as you listen and watch for cues to know when to place captions.

#12. Market Researcher

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Companies hire market researchers to find out information about consumers through data analytics. This is done with surveys, among other methods, to find out what kinds of products consumers need.

#13. Medical Coder

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Anyone can do medical coding, which is easy to do from home and requires little training or experience. In this job, you’d be assigning medical codes to the corresponding services, and this helps with medical billing and research.

#14. Photographer

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This is another job that requires some artistic skill and talent, but if you’ve got a great camera and a good eye, photography can be a lucrative side hustle.

You’ll need some experience with editing software and people skills since this job often requires interacting with human subjects. 

#15. Recruiter

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Another human resources role, recruiting, involves finding people who are great fits for roles that companies are trying to fill.

You might be asked to interview candidates and walk them through the entire onboarding process. Recruiters often work hours outside of normal business hours to accommodate candidates’ schedules.

#16. Software Developer

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If you’re technologically inclined, software development is a high-demand position that could earn you a significant secondary income.

You’ll need experience or education in software and IT, but this is a great role for people who have the skills and know-how. 

Finding the Right Fit

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Take stock of your interests and skills to figure out what kind of side hustle might work best for you. There are plenty of ways to earn extra cash if you know how to monetize your abilities.

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The post Inflation-Proof Yourself with a Side Hustle: Combat Rising Costs with These Lucrative Opportunities first appeared on From Frugal to Free.

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The content of this article is for informational purposes only and does not constitute or replace professional financial advice.

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