Super Strategy! Use these best side hustle ideas to create passive income in 2021 with these income ideas 💰 Watch this next
We all need to make extra cash now and then but most side hustle ideas you see on YouTube are…well, just aren’t going to make money. They range from the spammy to the waste of time or you make less than minimum wage!
That’s why I wanted to share my seven favorite and LEGIT side hustle ways to make money fast. Not only will these side hustles help you make extra cash but I’ll also show you how to use them to create passive income with three strategies towards the end of the video.
First though, we need a definition of what makes a good side hustle job because I feel like that’s where most of these videos go wrong. I’m not talking about the minimum wage, manual labor jobs. You don’t need me to tell you to go mow lawns for money.
I’m also not talking about the work from home jobs that take years to set up or need experience to start. You need to make money now and can’t wait for these business ideas.
In this video, I’m talking about the side hustle ideas you can start right now and be making money on within a week. These income streams require no special knowledge or experience and you can do most online right from home.
I’ll show you each of these side hustle jobs, how to set it up and exactly how much money you can make. I’ll reveal the pros and cons of each and help you decide which to choose.
Then I’m going to share a strategy to use these side hustles to create online income you can count on, even when you stop working!
0:49 What is a Good Side Hustle Job?
2:15 Best Side Hustle Ideas to Start
14:26 How to Use Side Hustle Ideas to Create Passive Income
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.