Whether you’re wanting to save more money to meet your financial goals, you’re wanting to pay off debts more quickly or you’re wanting to start financial planning for your retirement, then looking into side hustles to earn extra cash this year is a great idea. We’re here to introduce some of the side hustles that are the highest paying yet will help you to meet realistic financial goals, that you can easily fit around your current job when you have the time. Whether you want to learn new skills or make the most of your existing skills, we’ve got you covered. 

Tutoring

First up, one of the highest paying side hustles is tutoring. Depending on what you’re tutoring, you can earn around £15 to £23 an hour and you can so easily fit it into your current routine, whether you do an hour an evening a few times a week or do the majority of the day on the weekend. A few great examples of what you can tutor are maths and other school subjects, teaching languages, teaching people to play instruments and so much more. There are plenty of websites that connect tutors to students, so you can sign up and they’ll help to introduce you to people who would be interested in your services. If you have a skill you want to make the most of, then give tutoring a go. 

Affiliate Marketing

If you have a decent following on social media, then affiliate marketing can be a good choice. This involves you creating valuable and interesting content related to your audience, then directing them to websites with links that allow them to purchase the products you’ve been showcasing. Many businesses will provide you with affiliate links so that when someone clicks through that link and makes a purchase, you get a percentage of the purchase. If you have social media skills, know how to create engaging content and are willing to learn how to get affiliate links, then this can be a really viable side hustle. 

Party Planning

For people who are creative, good at budgeting, organised and have a good eye for detail, then party planning can be a really great side hustle. This is a slightly longer one to get started but can be worth it! We’d recommend starting by doing a couple of events for free for friends and family to build your portfolio, then through word of mouth go from there. Set up social profiles to show your work, then you can start to build your visibility. You can choose how many events or parties you are planning, so it can easily be tailored to your schedule! Perhaps see if you can find a party planner to shadow to learn a bit about how everything works. 

Read: Where To Start When Considering Investing In Property

Driving For Uber

Do you love driving and have a car that is in a good and safe condition? Well, driving for Uber as a side hustle can be a great option. You can literally go out whenever you have spare time, whether it’s an hour or a whole day, and you can make a good amount of money doing it. Hourly pay usually is around £15 an hour. However, you’ve got to take into account petrol and car maintenance costs, although some of these things can be deducted from your taxable income, so you need to look into all of this properly. 

Dog Walking

If you love animals, then dog walking can be a great side hustle. It’s a great way to make money, get extra exercise and spend time with dogs at the same time! As this is a very localised side hustle, it’s best to try and get the word out through word of mouth, so let all your family and friends know and then also potentially do some leafleting or posting in local social media groups. If you have your own dog as well (as long as they very easily get on with other dogs) you can kill two birds with one stone and make money whilst you’re walking your own dog! When you work from home this is especially easy as you could pop out during your lunch hour, or straight after work, and make the most of the hours where people will need dog walkers most. 

Thrifting

Last but not least, if you love clothes, then thrifting clothes and accessories and then reselling them can make you a good amount of money. When you know what to look for in charity shops, on marketplaces and in vintage shops, then you can find pieces to sell for quite a bit of money. Even if you’re not wanting to take it that seriously, you could simply resell your own old clothes and then use the money to fund your own clothes collection, from wedding guest dresses to your latest accessories. Whether you want to go out of your way to make money doing this or make the most of what you already have, this is a good way to make some extra money.