What are some good side hustles for a 20 year old?

As a 20 year old the world is your oyster.

This is true in many aspects of life, but few more so than in your ability to make money online.

As a 20 year old you have an immense degree of freedom. A degree that you’re likely to only fully grasp once it’s no longer there.

I would say that for anyone, when choosing a side hustle it’s best to think what is the best thing for YOU rather than “a 20 year old”.

First, ask yourself- do you have any exceptional skills? Examples of this would be programming, web design, SEO, etc.

The truth is that at your age, even if you don’t have a skill like that it’ll probably be relatively easy for you to learn.

If you do have a skill like that, utilising it would be a great place to start.

There are also other types of hustles that don’t require specialised skills.

If you want to make money fast, one of the fastest growing and most profitable hustles is flipping products. This is where you buy an item at a local store and then sell it online.

I’ve seen many people make profits flipping from day one, but it’s very labour intensive.

There are other types of ecom side hustles like dropshipping or print on demand (which is what I do), those are less labour intensive than flipping but require a large degree of trial and error.

Then you have affiliate marketing, which is many people’s “gateway drug” to making money online. This is where you sell other people’s products and make a commission for it.

That requires a degree of speciality, though I’ve seen people make money very quickly, but it can turn to almost passive income if you do it right.

Your opportunities are endless. The one thing you MUST beat into your head is that rich & easy does not exist. Whatever you choose, it’s going to require work and dedication.

Hope that helps

Jon

Published by Jon Kahn

Accountant and financial mentor based in Swansea, Wales. A contrarian who believes you should try to achieve your dreams by taking control of your life rather than reacting to them. Financial diets rarely work, so we believe in doing things differently.

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