It’s one thing to work for your money and another when your money works for you.
While a majority know how to make money during the day, very few, however, can duplicate that when asleep.
Whether you’re looking for a way to make some extra cash or want to start your own business, these side hustles are sure to give you the boost you need.
Start a Youtube Channel/ monetize your social media channels: Initially, only Youtube used to pay for content online but nowadays, a majority of the platform gives you chance to make money directly or indirectly on their platforms.
If your videos are entertaining or educating, you’ll get organic traffic and followers that will generate income for you.
Start a Blog: People are always in need of information about different aspects of life such as travel, food, style & fashion, health among many others. Starting a blog to share quick updates, personal thoughts and important tips on a certain topic is one of the most popular side hustles in Kenya.
Sell digital assets: Digital assets are products or pieces of media that can be sold and distributed through the internet without resupplying inventory.
These are digital files, such as Courses, PDFs, videos, plug-ins, and templates that can be downloaded or streamed. Examples of digital assets include Books Music or art, Digital images or graphics, Stock photos or videos, Software etc.
Invest in the Stock Market: The stock market is a nice way to passively make money. Free stock trading apps have made it easy to invest in stocks and come out with something in the end.
Open a High-Yield Savings Account: Another way to make money you already have work for you is by putting it in a high-yield savings account or certificate of deposit (CD).
Build an App: If you have any coding knowledge, you can create a basic app to sell on app stores.
Affiliate marketing: This is a process where publishers earn a commission by promoting a product or service made by another retailer or advertiser.
Affiliate marketing is about delivering value. Of course, you can’t really become an affiliate marketer without reach or an audience to promote to. If you already have an email list, then this works great. If you don’t, you could opt to do Facebook Live trainings or use YouTube as a platform to reach people.