Top 5 Highest Paying Online Side Hustles

We are living in the age of remote work and more people are going to online side hustles every day for some extra income. All you need for online work is a computer and a stable internet connection. Of course, you’ll also need some patience and determination, but it is possible to earn a decent income through online side hustles- and possibly even reach the point where you can replace your full-time job with an online one.

1. Online Coaching

If you are good at guiding people, online coaching may be a good option for you. There are no special skills needed- and it pays quite well. Simply figure out what you’re really good at and offer coaching in that area. If you’re not sure that it would work for you, consider hiring a coach to guide you through the process. You can learn more about it and figure out if it’s something that you’re truly interested in.

Average earnings: Around $57,000 per year.

2. Online Teaching

In the past few years, online learning has become the preferred method for most people because it offers flexibility. Students are not stuck on a specific schedule that they have to be in class at a certain time. Teachers are able to be more flexible as well and can schedule classes around their own schedule.

Average earnings: Around $47,000 per year.

3. Virtual Assistant

Many people are starting their own businesses and realize quickly that they don’t always have time for the “details” of the business. This is where they hire a VA to help them. The VA takes care of things like emails, scheduling meetings, and more so that the business owner is freed up to do other things.

Average earnings: Around $60,000 per year.

4. Freelancing

Being a freelancer is a lot like being in an office, but with much more flexibility. You can try new things and work with a variety of clients to find what you’re really good at. You are in charge of how much you earn. If a contract isn’t paying well enough, you can negotiate it to make more.

Average earnings: Around $45,000 per year- more if you have specialized skills such as web coding.

5. Dropshipping

This is a great option because it allows you to sell products without having to purchase inventory. This means that you can focus on your customer experience and marketing your products.

Average earnings: Around $50,000 per year.

Final Thoughts

As you can see, there are several side gigs that pay pretty good, if you’re willing to put in the effort to make them work. You can use this income as “extra” money to set aside for other things or you may even be able to replace your full-time income.