6 Wildly Lucrative Side Hustles You Can Start Today 2024

Are you looking to earn some extra cash on the side? In this blog post, we will explore six wildly lucrative side hustles that you can start today.

Matt By Matt
8 Min Read

Are you looking to earn some extra cash on the side? In this blog post, we will explore six wildly lucrative side hustles that you can start today.

Whether you’re an activist, creator, influencer, or student, these opportunities are perfect for anyone looking to make some additional income. So, let’s dive in and discover these exciting side hustles that can help you achieve your financial goals.

Let’s Start with a Definition of ‘side hustle’

A side hustle is any way of earning extra income on top of your regular 9-5 job or primary career.

Some view it as optional “bonus revenue.” But for the truly ambitious, that extra hustle income becomes the vehicle for achieving life’s biggest goals.

Quitting your unfulfilling day job.

Making a difference in local communities.

Paying down debt rapidly.

Saving up for that first property investment.

Building a runway to start your own business finally.

The best modern side hustles have a few things in common:

  • Low barrier to entry and startup costs
  • Ability to start ultra small and scale over time
  • Leverage skills you already have in a new way
  • Can eventually create passive or recurring income

Ready to join those hustling harder towards their dreams?

Here are 6 Side Hustles to Make Money

The fastest path to meaningful side income? Provide a skill or service to those willing to pay handsomely for it.

Take a hard look at what comes naturally to you that others find difficult. Then, package and sell it on an on-demand basis.

  1. Provide a Service
    Based on Your Existing Skills from freelance writing to virtual assistance to niche affiliate marketing sites, the fastest income lies in packaging up your current talents for others willing to pay.
  2. Create and Sell Digital Products
    The profit margins are unbeatable when you make and own digital goods like ebooks, courses, templates and more. Unlimited scale, passive income upside.
  3. Launch a Creator Platform
    Twitch streamers can start gaming advice newsletters. DIYers can build woodworking YouTube channels. Busy execs can teach paid negotiation classes. Find your niche!
  4. Build Affiliate Marketing Funnels
    Drive free opt-ins and create email sequences with automated webinar sales pipelines. Then, earn lucrative recurring commissions on other companies’ products.
  5. Optimise Your Own Product Suite
    In addition to affiliate offers, develop your own suite of premium digital products, courses, coaching—and earn 100% of revenue.
  6. Start a Paid Newsletter
    Curate your unique expertise and ideas into a newsletter valued so highly that subscribers happily pay you each month. Recurring income and fast growth are possible.

Other Side Hustles to Consider

  • Freelance writing, editing and copywriting
  • Flipping physical products on eBay or Facebook
  • Tutoring and online teaching

When hustling with your existing skills, you can start making money immediately by marketing yourself on freelance sites like Fiverr and Upwork.

 

What are the Best, Most Lucrative Side Hustles

If you’re looking to level up and earn lucrative side hustle income seriously, here are three ultra-high-income potential options:

Build your own Affiliate Marketing Funnels

Create free lead magnets, email funnels and automated webinar sales processes. Then earn recurring commissions on other companies’ hot offers.

Create your own Digital Products

Digital courses, ebooks, templates, coaching programs, masterminds, Lightroom Presets —the lucrative possibilities are endless when you create and own the intellectual property.

Start a paid newsletter – Building an engaged subscriber base allows you to earn recurring revenue on your ideas and expertise in a highly profitable way.

Let’s dive into that last one a bit more, because paid newsletters represent a perfect storm for the modern side hustler.

Start a Paid Newsletter

I touched upon this idea earlier – but it’s well worth a deeper dive.

When choosing the perfect side hustle for consistent recurring revenue, starting a paid newsletter ticks every box:

  • Ultra low startup costs (just a newsletter tool like Beehiiv or Convertkit)
  • Do it all from home—no inventory or operations hassle
  • Play to your strengths by teaching what you already know
  • Build a passionate subscriber base as a valuable asset that can benefit you in the long term
  • Create passive-like income through subscriptions

To get started, first validate your paid newsletter’s focus by speaking to potential subscribers about what they’re struggling with and would pay to solve.

Once you have a niche and content direction, simply start sharing free, valuable content in your newsletter to build initial traction and leads.

From there, package up your best insights into a premium paid offering, delivering immense value to your most loyal subscribers each month.

Promote your paid newsletter everywhere you already show up—social media, guest posts on other sites, networking, etc. Leverage the internet’s scale!

Don’t sleep on the paid newsletter opportunity as a potentially life-changing side hustle. Start building your recurring revenue stream today.

Over the years I’ve tried many email marketing tools. I’ve now settled on the free versions of both Beehiiv and Convertkit.

Read our recent guide on this topic – Can I Quit My Job to Start a Paid Newsletter? Here’s How to Make Your First £10K

Passive Side Hustles

Ever wished you had a semi-passive income stream dribbling cash into your account each month? There isn’t really a sustainable income stream that is 100% passive.

Yes you guessed it – a paid newsletter could be the ideal modern “set it and forget it” side hustle for earning recurring revenue with limited ongoing effort.

 

Here’s why – the upfront work of cultivating your initial paid subscriber base is intense. But once you’ve put in the required reps, you get paid on a monthly basis simply for batting out a weekly newsletter issue your audience craves.

For example, let’s say you grow a paid newsletter to 2,000 passionate subscribers at £10/month.

That’s £20,000 in recurring revenue every 30 days by simply delivering value to your dedicated niche audience.

Not passive, but pretty close!

Work from Home Side Hustles

In today’s remote work environment and the popularisation of AI, “home hustle” possibilities have exploded.

While you could start a traditional side hustle operating a home business (catering, Airbnb hosting, freelancing on Fiverr, etc.)—the real future lies in lucrative online opportunities like:

  • Monetising your audience through a paid newsletter or other creator platform.
  • Becoming a freelance digital marketer or growth consultant.
  • Buying and selling lucrative digital assets and websites.
  • Creating and selling digital info products like ebooks or courses.

All can provide low-cost, high-upside work from-home side hustle income.

Don’t just dream of that meaningful side income. With the right modern hustle approach, you can start stacking recurring revenue today.

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By Matt
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I'm the Creative Director at Bona Parle. I'm also a freelance portrait and headshot photographer, award-winning filmmaker, film Colourist and a multi-award winning LGBTQ+ human rights campaigner. For part of my week I lead a successful UK-based charity that brings families closer to together.