In 2024, a growing number of Americans are turning to side hustles as a way to supplement their income, with some opportunities offering impressive hourly earnings.
A Bankrate survey conducted in November 2023 revealed that alongside goals like debt repayment and emergency savings, many U.S. adults are keen on boosting their income through additional jobs or side ventures.
For those exploring extra income streams, aligning your personal interests or skills with the market demand can be a lucrative strategy.
Among the various options, four side hustles stand out for their potential profitability and demand in this year. CNBC reported on these emerging opportunities earlier this month.
House Helper Or Personal Assistant
One such role is that of a house helper or personal assistant, a category that has seen increased demand with more people returning to office work. This role encompasses a variety of tasks, from personal shopping to lawn mowing, and can pay between $15 and $30 per hour. Platforms like Nextdoor and Facebook community groups are popular for advertising these services.
Artificial Intelligence (AI) Consultant
The field of artificial intelligence (AI) is another area ripe with opportunity, especially following the surge in demand for AI consultants since the introduction of tools like ChatGPT. Freelancer sites such as Fiverr have witnessed a significant increase in searches for AI expertise, with specialists in this domain commanding rates up to $150 per hour.
Also Read: This Amazon Applicant’s Interview Answer Earned Her A Seat 3 Feet Away From Jeff Bezos
Tour Guide
Tourism, which has rebounded strongly post-pandemic, offers potential for those knowledgeable about their local areas. Becoming a tour guide and offering unique experiences through platforms like Viator and ToursByLocals can be profitable, with some tours starting at $58.
Sports Instructor
Lastly, the growing senior population has spurred demand for instructors in various sports. Platforms like TeachMe.To are connecting experienced instructors with learners in activities like pickleball, tennis and golf, where one can charge substantial fees for lessons.
This story is part of a series of features on the subject of success, Benzinga Inspire.
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