20 profitable side hustles where you can earn extra income (2024)

If you're looking for a flexible side-hustle, consider being a virtual assistant. The role has been increasing in popularity especially after the pandemic, when many businesses are transitioning from brick and mortar to an online presence.

The term “virtual assistant” is a catch-all for various types of work, from answering emails to social media management, or even designing simple graphics. It's important, however, to make sure that you're organised and have good multitasking skills, as virtual assistants usually have to handle multiple tasks at once.

If you're not sure what you can offer to the table as a virtual assistant, head to sites like Fiverr and Upwork to see the different profiles out there as well as the services they offer before considering what kind of skills you have to offer yourself.

The tuition industry in Singapore is worth more than S$1 billion and growing, especially due to the pandemic.

Online tutoring gives you an opportunity to interact with students from all over the world. The good thing about online tutoring is that you schedule your classes based on youravailability.

Depending on your credentials, experience, and academic level you are teaching, you can earn anywhere from S$20 to S$70 per hour.

Ever wanted to be an entrepreneurial boss andown your own business?

E-commercehas been flooding the retail scene, with many businesses abandoning traditional brick-and-mortar stores in favour of online marketplaces.

Find goods you can sell online and design an online shop. Many e-commerce start-ups tend to adopt adropshipping model. Dropshipping involves you (the business owner) working with a third-party supplier to sell orders to consumers at a marked price and earn a profit.

Using your social media platform, market the shop and grow the traffic to your site. Plan the delivery of your products to avoid disappointing your customers. If successful, you can earn really an uncapped income from your e-commerce business. It all depends on how well your products sell.

As customer demand shifts, businesses have to design their processes to offer high-quality services. They have to invest in becoming more customer-centric.

Businesses can improve how they serve their customers by ensuring that their websites and apps are user-friendly. And that’s where you come in. You can get paid to test the usability of a website and apps. Website tests require you to browse through the site, checking the functionality of the buttons and menus and more.

You will need a stable internet connection, a laptop, and a microphone. For each completed test, you will earn S$10 or more.

Offeringtranslation serviceshas been known to bring in a decent income. The biggest incentive is the convenience and scheduling flexibility that translation affords. You can find translation jobs on websites likeLinkedin,Indeed,Jobstreet, and others. Translation projects are cited as one of the more popular jobs to earn a side income in Singapore.

Most websites that offer these jobs require you to take a skill assessment test before bidding for jobs. Translators earn around S$0.03 to S$0.08 per word.

You cansell high-quality photosand earn extra income. If you have high-quality images, you can sell them on websites likeShutterstockandGetty images, among others. The websites allow you to upload your photos, and they pay you when one of your photos is purchased.

Different photography websites have varying requirements, but they have one thing in common: they accept only high-quality photographs. You can earn a residual income from the websites.

The sites pay a percentage of what they receive from the buyers. For instance, if you qualify for Shutterstock, you can expect 15% to 40% of the purchase price for every download.

Singapore receives a high number of tourists every year. And especially since travel is opening up again, this is the perfect time to put yourtravel guide haton.

Test your geographical and trivia knowledge of Singapore by sharing about the city’s history and culture with curious foreigners. It’s a fair trade-off; they learn interesting tidbits about a foreign country and you earn some extra income on the side.

You can do this on your days off or after work. Come up with your itinerary, and submit it to a website such asAirbnbfor review and publishing. As a tour guide, you can earn fast cash in Singapore and incur no expenses.

Selling recipesis for those that love cooking and have mastered the art. If you have documented your cooking journey with photos and well-written recipes, you can make money out of it. You can sell your recipes on sites that pay for unique recipes. Websites pay from $50 per recipe or $1 per word.

Make sure they stand out by using unique ingredients and a brief introduction to your cooking services to sell your recipes. Look out for websites such asEatingWellthat buy recipes.

Aninformational websitehelps people make informed decisions about various issues by providing important information. You can start an informative website on finance, technology, health or fitness.

Make money bycollecting donationsorhaving adson your website. The website will require some work before you can start earning an income. You have to convince readers that you deserve their support.

Freelancingis one of the best ways to earn money online in Singapore. Web designers, accountants, and writers can earn extra income by starting a freelancing business.

You can make money if you have a flair for the written word. Create blogs, newspapers, and magazines for business and earn extra income. As a writer, you can earn up to S$500 for a 1,000 word article.

Freelance designers can charge S$5,000 or more to design a website for business. As the world embraces the internet of things more, there are more businesses that require web designers. You can set up your website to showcase your portfolio or visit sites likeUpworkand bid for work.

You can also earn extra income with one or two bookkeeping clients. With so many businesses setting up in Singapore, there is a demand for bookkeepers. If you have bookkeeping knowledge and skills, you can make over S$1,000 per month.

Livestreaming has become an in-thing over the years, with people signing to TikTok and BIGO LIVE. You can sell your products over livestream or advise your followers on products they can buy and earn at least S$50 every month. Livestreaming is an easy way to earn money online for those with talent.

Singaporeans can sign up forBIGO LIVEand start growing their followers. You will receive virtual diamonds, which you can exchange for $0.3474.

Affiliate marketingprovides you with an easy way to earn a passive income. You receive a commission for every sale you make from promoting commodities. The best way to start affiliate marketing is by using your social media platforms. Promote the products through your social media and encourage your followers to buy through your link to earn some commission.

The income you make from affiliate marketing depends on your products. Look out for fast-moving goods to earn you good commissions. You can invest in setting up a website to review products and give your followers more information on the products.

Pro-tip:Set up aLinktreeto consolidate all your social media and affiliate links in one accessible place.

Supplement your income by offeringbabysitting services. This opportunity is best for those with a certification in childcare and who love babies. Start by letting your family and friends know you are offering babysitting services. Indicate the hours you are available and the charges.

Before you set your prices, do some research on babysitting fees. Make sure you charge a reasonable amount. Have a separate price for ad hoc babysitting services. You can earn S$25 per hour from babysitting services.

Transcription services involve converting spoken language or audio recordings into written text, commonly used in various fields like business, legal, and medical.

To start, develop good listening, grammar, and typing skills, along with obtaining headphones and transcription software. Practice transcribing, adhere to style guidelines, and join online communities for learning.

You can clients on platforms like Upwork or through networking, and set competitive pricing based on complexity and industry standards. In Singapore, transcription rates can range from $1.50 to $5 or more per audio minute, depending on several factors.

Have a knack when it comes to picking up languages? Language tutoring rates in Singapore vary based on factors such as the language taught, tutor's experience, lesson format, and proficiency level targeted.

Commonly taught languages like English and Mandarin can range from $30 to $80+ per hour for private tutoring, while less commonly taught languages such as French or Korean can go from $50 to $150+ per hour.

Of course, your qualifications, lesson format (one-on-one or group), location, mode of teaching, and proficiency level also impact rates.

People who love animals can offerdog walkingandpet sitting services. When offering pet services, you will be expected to clean, walk and play with pets. You can also provide pet boarding services to make more money.

Pet sitters can earn S$10 to S$45 per hour in Singapore. If you offer walking services, you can make S$15 per walking session. If you have an affinity for animals and want to earn some fast cash in Singapore, start an animal care side hustle.

This article was first published on SingSaver.