2023 Top 5 Side Hustles to Start w/ Little to No Cash

What’s up Bros Nation. It’s Stevie Bee and welcome to another episode of Money Talk Sundayz. This episode is all about side hustles and some of the best side hustles you can do in 2023 with little to no startup costs. In this day and age you're going to need at least one side hustle to help offset the rising costs of inflation. Have you seen the prices of eggs lately? It seems insane but it's not really that insane to actually have a side hustle. Back in 2020 a study showed that 45% of Americans had a side hustle with the percentage increasing every single year. One out of every 10 people that had a side hustle profited over one thousand dollars per month. That is pretty good that one out of every 10 people Americans had a side hustle that made over a thousand dollars a month. How could an extra grand a month help you? Keep it locked on Money Talk Sundayz for more.
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Welcome to Money Talk Sundayz. I'm your host Stevie Bee. For those tuning in via your favorite streaming platform hit that like and share button. You can also subscribe to the Money Talk Sundayz podcast. The link will be in the description box. For those viewing on YouTube, like, share, and subscribe. You can even hit the notification bell to receive the alerts of new videos dropping. Now let’s get into it.
Add up to $300 a month in passive income storing other people's stuff
Do you have extra space around the house and want to make money off it? Perhaps you have an unused driveway, garage, basement, shed, or parking spot. If it’s just sitting there wasting away, you could turn that unused space into passive income every single month… without ever lifting a finger. All you have to do is go to neighbor.com and sign up to be a host. It’s like an AirBNB of storage.
Neighbor is a website that lets you rent out your unused space to make extra money on autopilot. You can turn your garage, spare room, or even closet into a profitable side hustle that earns several hundred dollars a month. Seriously. You just sign up on their site, list what space you have available, and people in your city can rent out your unused space to store their stuff, while paying you a premium for the storage.
The entire process works seamlessly and money is deposited into your account automatically. You don’t even need to move anything — your renters will move their stuff in (and out) on their own, while you collect a sweet paycheck month after month. Neighbor takes the work out of collecting payments from your renter! Oh, and you’re protected by up to $1 million in liability insurance too. Sign up today to see how much you could earn.
Being a Virtual Assistant
As companies grow in size, it becomes increasingly difficult to stay on top of the daily tasks necessary to keep the business running. When employees wear many hats in a fast-paced environment, it can be tricky keeping operations and administrative needs running smoothly. But hiring full-time, on site support staff isn’t always an option, either – and that’s where your services can come in.
Thanks to the disruptive force of the Coronavirus pandemic, remote work has been normalized and in many cases preferred to the traditional brick and mortar ways of yesterday. Business Wire estimates that virtual assistants’ market size alone will reach $25.6 billion by 2025.
You can work as a virtual assistant from anywhere in the world on a laptop, making it a good side hustle for digital nomads or full-time travelers. As more people are launching digital businesses, there is an incredible demand for people to help run them.
There are no set tasks that virtual assistants perform, and assignments can vary depending on the employer. Some of the most common tasks given to virtual assistants include the following: administrative work, ie. scheduling meetings and booking travel etc., bookkeeping, customer service, data entry, personal assistant, social media production and more. If you are proficient in any of these areas, you could essentially loan out your skills as a virtual assistant. A sub-genre of that would be IT support services. I personally offer my IT services outside of my day job as well as a side hustle.
Lost Luggage Delivery Services
Side hustle number three is actually a delivery service but it’s not what you think. When you hear delivery service Uber Eats, DoorDash and the like immediately come to mind. Don’t worry though. This is not that. Right now, the travelling season is about to start kicking off again A lot of people are going to start flying. Now this service right here delivers lost luggage to Travelers. This could be very lucrative. There's been articles of people making a thousand dollars every single day from delivering lost luggage. I don't know personally if you can make that amount still but it is way better than being an Uber driver and transporting strangers and food inside your car if you’re not comfortable with it. This is better option than being an Uber Eats or a DoorDash person where you have food inside of your car making your car smell or better than being an Instacart person where you're picking up groceries at the grocery store. Again you have food in your car just smelling away.
Now you’re just picking up luggage that you can put inside your trunk or inside your back seat and deliver it from the airport over to the travelers’ hotels. You can get started and make a profit right away. You can sign up at grabmybag.com. This is where you can sign up for that delivery service. You get the book now and you can ship your own bags that way or you could become a grabber by clicking Be a GRAB-ber Nationwide and once you click on that you can sign up to be a part of them. That's just like applying to be an Uber driver, a Lyft driver, Instacart shopper and other delivery services. I would love for you guys to try this out and let me know how much you're making down in the description if you're already doing this. I want to see if there are people still making upwards to a thousand dollars a week or a thousand dollars per day like they were in the past.
Grab my bag is awesome for people that live near airports that have a major airline like Delta, JetBlue, Frontier, Spirit Airlines and American Airlines. If you live inside a big city that has multiple airports or if you live inside a city that has one big airport this could be a very cool side hustle for you. I'm sorry for the people that stay out in the country that don't have airports but everyone that does live inside the city, this could be an awesome side hustle for you if you don't like having strangers inside your car being an Uber or a Lyft driver.
Freelancer
Being a freelancer actually runs pretty closely to the Virtual Assistant side gig but with a bit more of a flair of creativity and way more control of your own time and what you do with it. When it comes to freelance work, you can do just about anything there is a demand for. Platforms like Fiverr make it easier to find odd jobs and get paid, allowing you to focus on growing your freelance practice and making even more money.
Freelancing is the perfect side hustle for flexibility. You get to set your own hours and rates but remember that you will be competing with other freelancers from all over the world. In any case, this means that you can easily keep your day job while joining other side hustlers in the gig economy.
Graphic design, editing, and virtual assisting are some of the most popular freelancing gigs on Fiverr, but the possibilities are endless. This actually is a great segue to our fifth side hustle.
Social Media Marketing Consultant
There are many different avenues you can take here from SEO Consultant to Google Ads and Facebook Ads. In either case, you stand to make some good money but of course you will have to build up your portfolio as well as your client base.
Running search and social campaigns is a major deal with everyone being on social media. Everyone is competing for your screen time. You can get started by reaching out to small businesses in your community and offering your services. Make sure to have something to show them because the devil is in the details. Seeing is believing and you’re going to want to start with your own personal or mock social media accounts to provide results of the growth using your expertise. You never know. The business owner might in fact be in the market for a part-time social media manager. My brother is currently doing social media content work for the City of Homestead which has him brushing shoulders with the local business owners and staying in the know of what is going on in the city.
Now before we tap out for the day on this episode of Money Talk Sundayz I want to leave you with some things to do before embarking on your side hustle journey.
Figure out what you want to do. Because you’re your own boss, you can test out a lot of different ideas to find the one you really love and/or that makes you the most money. That’s the beauty of side hustling – you aren’t stuck with any one idea. That being said, it’s best to start off with one side hustle, a niche that you can work in. Don’t spread yourself too thin doing too many things at once. Use every opportunity to learn, build new skills (I’m always taking online courses whether it is Coursera, Linkedin Learning, etc). And always be open to making new connections. Your net worth is directly tied to your network.
Open a high-yield savings account. Beginning with every penny earned, your side hustle money needs to be stored in a safe place earning as much interest as possible, even as you sleep. That’s just one example of passive income. An alternative to a high-yield savings account, or in addition to it, would be investing in stocks with a high dividend payout. Again, you want your money to continue making money even while you’re off the clock.
Finally, keep track of your net worth. Manage your finances and keep track of your side hustle money in one place. Do that while tracking your progress towards your financial goals and then I’m sure ultimately, retiring early. One free tool you can find online is Personal Capital.
Not all side hustles are created equal. The best side hustle is something you love that has loads of profit and growth potential. If you just want to fill some extra spare time, try making food deliveries or taking online surveys. Understand that you can make a ton of money in your spare time. Having the right mindset and strategy as you evaluate your side hustle ideas will help maximize the return on your time.