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Side hustles for mums: How to increase your income
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By MyBudget Editor

More and more mums are looking for side hustles as a way to bring in extra money -- a 2017 research found that 80% of Australians are turning to a side hustle for a greater sense of fulfilment and satisfaction in their lives. The great thing about a side gig is that it doesn't always require a massive upfront investment, and with technology at our fingertips, there are more ways than ever to find a side hustle that works for your lifestyle.

The only question is, where do you start? In this article, we’ve compiled some ideas on ways to increase your income that you can do from the comfort of your own home:

Capitalise on what you have

Rent out your spare room

A spare room or granny flat in your home can be used to generate income. With services like Airbnb, Flipkey and Homeaway around, it’s easier than ever to rent out. 

Rent out your clothing

If your clothing range changes as fast as the seasons go by, why not rent out your dresses and outfits that you no longer use on platforms like Outdress, Designerex or GlamCorner.

Rent out your car for cash

Did you know that it’s possible to earn extra money from your car when you’re not using it? If you feel that you don’t drive your car often enough, then you may as well join the private car rental revolution. Check out services like DriveMyCar, Car Next Door, and Private Fleet.

Rent out your shed space

Imagine people willing to pay to use your spare shed or garage space -- it might be a crazy thought, but affordable storage space is in high demand, and to compete against large commercial storage facilities, community-based services like Spacer helps connect people with the supply and demand of storage space that is localised and budget-friendly. 

Rent out your car park

Do you have a spare car space in your driveway, or live car-free in a city apartment with an unused carpark allocated to you? Services like Parkhound connects drivers looking for parking with local residents and businesses who have spare parking spaces. Imagine putting this extra income into your mortgage!

Run a good ol’ garage sale

You don’t have to go full Marie Kondo on all your belongings, but there’s always opportunity to declutter your life. You can sell clothes and toys that your kids have outgrown, books, plants, and knick knacks in a garage sale at your home, or online via Gumtree and Facebook Marketplace. 

Start your own business

Become a tutor

Does teaching excite you? What are some skills, qualifications and work experience knowledge that you have the passion to share? You can look into tutoring at home or through online platforms such as Tutorly. 

Design and sell your artwork on RedBubble

Do you have a flair for designing artwork? Imagine your designs on t-shirts, stickers, phone cases, and more. But does the thought of creating your own website, advertising, finding a reliable printer, packaging and shipping  your items go under the ‘too hard basket’ category? Services like RedBubble does all the hard work for you, giving you more time to focus on creating great art and design. Easy peasy!

Sell crafts on Etsy

Turn your knack for crafting into a cool, creative side hustle. Etsy is a fantastic platform for selling your unique handmade arts and crafts, with a great community to boot.

Love pets? Offer to pet-sit, dog walk, or grooming services

Get paid to play with cute pets all day? Count me in! Turn your love for furbabies into an outlet for some extra income by offering services such as grooming, pet-sitting, arranging doggy play dates, and dog walking.

Write an eBook and sell it on Amazon

You can write eBooks about anything your heart desires, and it doesn’t cost you a cent to publish your eBook through Amazon’s Kindle Direct Publishing, so it’s definitely worth a try!

Create your own subscription box service

Create a subscription box service based on your niche -- your interest, skills, and experience in a specific market. For example, you can focus on organic body care products, fitness products, or beauty and makeup products. Check out commerce platforms such as Cratejoy to start launching your own line of exciting subscription boxes.

Work as a Freelancer

Community-based freelancing services platforms such as Airtasker and Fiverr are getting increasingly popular with both people who require jobs done, and skilled people offering their services. A wide variety of tasks are frequently requested and readily on offer on these sites, including lawn mowing, carpet cleaning, house painting, gardening, graphic design, voice overs, website building, digital animations, and so much more.

Here are some more ideas on what you can offer as a freelancer:

  • Offer resume help
  • Become a translator
  • Transcribe audio into writing
  • Proofread documents
  • Become a Virtual Assistant

Improve your current contracts

Bills:

If you haven’t reviewed your gas and electricity plan since the last financial year, now is the best time to do it. The Australian Government offers a price and plan comparison website here, so you know that it’s an unbiased service to find the best rate for you.

Current job:

Ask for a raise

Develop a plan that demonstrates to your employer on why you’re worth more. Compare your current income to the market by looking at job ads—is your income lagging behind the market average? Do you have skills that other candidates don’t?

Ask for more hours

If you’re a casual or contract employee, make it clear to your supervisor that you want and appreciate more hours. Ask them to call you first when shifts become available and to consider you last when hours are reduced.

Develop your skills

The best way to get started is to begin investing in yourself. Look for self-learning or training opportunities to gain extra skills. Offer to take on further duties or projects. Ask to be mentored by senior colleagues or people you admire and respect. Volunteer outside of work in capacities that will build up your curriculum vitae.

Increasing your income may take time and effort, but the pay-offs for your financial future are generally excellent. Ready to start budgeting for your own side hustle? MyBudget can help you design a free customised budget plan that shows exactly what you can achieve with your money over the next 12 months and beyond. Contact us today at 1300 300 922 or enquire online to find out more.

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