How to know when to start a side hustle [infographic]

Did you know that nearly 4 in 10 Americans have a side hustle? Millennials are more likely to pick up a side hustle than any other age group. The shackling student debt (more than 70 percent of side hustlers cite this as the reason they start one) and decreased job security are driving factors in the decision to start a side hustle.

Furthermore, side gigs provide more creative freedom than a typical 9 a.m. to 5 p.m. job.

5 examples of side hustles

Here are five good examples of a side hustle.

1. Start a blog

If you have access to a computer and Internet, you can start this hustle without any risk. As your content gains traction, you can earn money through advertising.

2. Drive for a ride-sharing service

Believe it or not, you don’t even need a car. Lyft and Uber provide rentals and allow you to work to pay the fee.

3. Create a catering company

If cooking is your thing, find a way to monetize it. Start small by catering family events or work parties.

4. Start a dog walking company

Many people can’t walk their dogs during the day. You can use one of the many websites and apps to start your dog-walking gig.

5. Food delivery service

Use apps like Favor Delivery or UberEATS to facilitate this side hustle. If you don’t have a car, you can serve the local area and ride a bike.

More side hustle ideas

Hungry for more side hustle suggestions? These are only the first 5 out of 51 of Self Lender’s extensive list of side hustle ideas. Check out the infographic below to determine if you should start a side hustle and how to find a side hustle that works for you.

Start A Side Hustle Infographic compressed

This infographic is created by Self Lender.