Here’s How to Supplement Your Income: 9 Great Tips

They say that everyone should have three hobbies: one to express their creativity, another to stay fit, and yet another to make money. If you’re feeling a little lost on what to do for your third hobby, don’t fret. We’ve put together several creative ideas for your next side gig so you know how to supplement your income and take advantage of extra pocket money.

1. Rent out your space on Peerspace and start earning cash

One of the quickest and easiest ways to make some extra cash with minimal effort is to rent out your space on Peerspace. Guests are always looking for cool and unique spaces where they can host their next big event, photoshoot, or video shoot. That’s where you come in. 

You can rent out your home, photo studio, cafe, art gallery, production location, backyard, or any other type of space that you own and others can benefit from. Then, create a Peerspace listing page that shares lots of high-quality photos of your space, your hourly rate, the rules your renters must follow, and more.

When you rent out your space on Peerspace, you can choose what kind of events you want to host, be it parties or meetings. After you get your first renters, they will be prompted to leave reviews about your space and your job as host, which can be a positive learning experience in its own right. You’ll soon see that you can make hundreds or even thousands of dollars every month just by renting your space part-time.

To get started, examine some existing Peerspace listings in your city to see typical hourly rates, what other hosts offer, how they market their spaces, and what reviewers think. Then, check out Peerspace’s host guide to start the hosting process to supplement your income today. 

2. Join the rideshare revolution and transform your car into a taxi service 

If you’ve got a trusty car and a love for the open road, then freelancing for a rideshare service is an excellent way to supplement your income. Companies like Uber or Lyft allow you to set your own hours and choose the area you’ll serve. You can work as much or as little as you like whenever you feel like it. The longer the trip, the bigger your payday. Most rideshare companies even provide customers with the option to tip via their apps, so you can pick up extra extra cash! 

Got that entrepreneurial spirit? Then learn how to start a venue rental business that earns you cash and creative freedom!

3. Share your thoughts by becoming a blogger

If you’ve got a lot on your mind, then why not start up a blog where you can share your unique perspective with the world? Blogging is an excellent opportunity to supplement your income and have fun doing it. Plenty of well-known celebs and full-time authors got their start by running hobby blogs. You can add your name to the ranks by starting your own website and carving out a niche, all while being your own boss.

What should you blog about? Whatever you know well! If you’ve got experience, expertise, or a whacky sense of humor, the internet definitely needs to hear from you.

4. Turn your grammar obsession into profit by becoming a proofreader

Do you know the difference between “there,” “their,” and “they’re” like the back of your hand? Does a missing Oxford comma make your eyebrow twitch? Put those eagle eyes to good use by becoming a part-time proofreader! Freelance writers and authors are always looking for an extra set of eyes to point out grammatical errors or typos in their work. You could pick up freelance jobs over the weekends and get paid to read interesting articles and books. It’s an excellent way for literary junkies to supplement their income. 

5. Sell handmade crafts on the weekends

If you’re good with your hands and love to make homemade crafts, then you can combine your creative hobby with a paying side hustle! Sell your adorable creations on internet markets like Etsy or Facebook marketplace for a purely digital experience. Or if you want to get out of the house, set up a booth at local craft fairs on the weekends. Going to craft fairs is an excellent way to get some fresh air, make new friends, and supplement your income all at once! 

6. Put your design skills to the test by flipping furniture

Do you spend your weekends doing the local flea market crawl? If you’ve got an excellent eye for picking out hidden treasures, try fixing up furniture and selling it at a profit. Just like selling handmade crafts, it’s a great way to work with your hands and exercise your creativity.

Break out the paint, glue, saws, and power tools, and give your item a makeover. Once you’ve finished giving your pieces new life, take them back to the flea market and haggle with customers over a fair price. If you love the thrill of wheeling and dealing, this is definitely the side hustle for you!

7. Head back to the classroom by becoming an online teacher

If you’ve got a passion for teaching but don’t have the energy to teach in a classroom full-time, you could enter the digital age and create your own online courses. There are plenty of online learning marketplaces where you can sell pre-packaged online courses at your own price. You could teach art, music, math, language, or any other skill that you’re good at. Because it’s all online, you don’t have to worry about renting a classroom or interrupting your day job.

Here are some of our favorite suggestions for earning money from your space (without lifting a finger). Check them out!

8. Put your culinary skills to work by selling homemade treats

There’s nothing like a good home-cooked meal to make a day truly special. If you’re a whiz in the kitchen, you can put that culinary passion to work by baking yummy treats for special occasions. You’ll need a “cottage food license” from your local government to get started, but once you’ve got the necessary paperwork in place, it’s smooth sailing. 

Decorate cupcakes for birthday parties, or make surprise cakes filled with pink or blue candies for a baby shower. If sweets aren’t your thing, you could start a “paper bag” service making healthy lunches for people who don’t have time to cook. You can really be creative here and put your mark on the culinary world! And since you’ll be working freelance, you can pick and choose jobs that suit your schedule.

9. Become a social media influencer

Got an eye for style and a penchant for capturing perfect shots? Starting up an Instagram account is a hobby that can turn into major cash flow over time. As you build a steady following and start amassing loyal fans, other up-and-coming business brands may want to work with you to advertise their products.

And if you need ideas on where to shoot your winning pics and vids, then check out Peerspace to find beautiful photoshoot venues in your city!

How to supplement your income: conclusion

As you can see, there are plenty of ways to supplement your income. All you need to do is decide which of the ideas we suggested above best matches your skills and passion.

We may be a bit partial, but we think listing your space on Peerspace is the best way to go! You’re renting your venue to a fellow creative who can then create their own project on your premises which may earn them money. Being a Peerspace host provides you with the perfect balance of income, creativity, and community. And what can top that?

Find unique venues on Peerspace