Conversations about ways to make more money usually focus on one topic—how to ask for a raise—but that's just one small tactic to boost your income. According to millennial money expert Stefanie O'Connell, a host of out-of-hours side hustles might be the key to helping your bank balance grow. "Take a look at your skill set, see where you can uplevel and find other sources of income like a side hustle," she told MyDomaine. "It's just as important as curbing your spending."
New data from Earnest reveals how much money you could make per month by joining the share economy and offering an exchange of accommodation, products, or services. Its team mined information from some of the most popular platforms, like Airbnb, TaskRabbit, Uber, and Etsy, to reveal which ones are worth your time.
Here's exactly how much more money you could make per month by trying one of these side-hustles:
- Airbnb: Hosts make an average of $924 per month. This equates to $11,088 per year.
- TaskRabbit: $380 per month.
- Lyft: $377 per month.
- Uber: $364 per month.
- Doordash: $229 per month.
- Postmates: $174 per month.
- Etsy: $151 per month.
- Fiverr: $103 per month.
Have you tried one of these money-making platforms? Tell us which one you'd recommend.