September 28, 2024

31 Side Hustles That Pay $7k/Month and Only Require You to Work 20 Hours A Week – The Aesthetic Abode

The idea of earning a high income while maintaining a work-life balance is enticing for many. Whether you’re looking to escape the 9-to-5 grind, pay off debt, save for retirement, or simply enjoy more free time, a side hustle can be your ticket to financial freedom. If you’re seeking opportunities that allow you to earn a significant income — around $7,000 per month — with a commitment of only 20 hours a week, you’re in the right place.

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Here’s a list of 31 side hustles that can help you reach this financial milestone without taking up all of your time.

1. Freelance Copywriting

Freelance copywriting involves creating compelling written content for websites, advertisements, blogs, and more. With the right clients, experienced copywriters can charge up to $350 per hour. Landing just a few high-paying clients can easily bring in $7,000 a month.

2. Online Course Creation

If you’re an expert in a particular field, creating and selling online courses can generate a consistent revenue stream. Popular platforms like Udemy or Teachable allow you to upload your course and earn passive income with minimal ongoing effort.

3. SEO Consultant

Businesses are always looking to improve their search engine rankings. If you understand the intricacies of SEO, you can work as a consultant to help clients optimize their websites. You can charge up to $250 per hour and only need a handful of clients to meet your income goals.

4. Digital Marketing

Digital marketing is in high demand as companies constantly seek help with paid advertising, email campaigns, and social media management. With experience, you can charge $100 to $200 per hour, allowing you to hit $7,000 a month in just 20 hours a week.

5. Etsy Shop Owner

Creating unique, handmade items or digital products to sell on Etsy can be lucrative. With the right niche and a bit of marketing, successful shop owners can make thousands of dollars per month in just a few hours of work each week.

6. Stock Photography

If you have a talent for photography, you can sell your photos on stock photo websites like Shutterstock or Adobe Stock. After the initial effort of uploading, your photos can sell repeatedly, generating passive income.

7. Freelance Graphic Design

Graphic designers can earn anywhere from $50 to $150 per hour depending on their expertise. With platforms like Fiverr or Upwork, finding clients can be streamlined, and you only need to book a few to reach your monthly goal.

8. Affiliate Marketing

Promoting products for companies through affiliate marketing allows you to earn a commission on every sale made through your referral links. If done well, especially in profitable niches, it can easily bring in $7,000 per month with relatively minimal effort.

The best part about affiliate marketing is that you can start an affiliate site at just $2.95 per month and make thousands of dollars within a month with the right marketing strategy.

9. Web Development

Experienced web developers are always in demand. Charging $100 or more per hour for website design or development projects means you only need a couple of clients to meet your income target each month.

10. Airbnb Hosting

If you have extra property or even a spare room, renting it out on Airbnb can bring in a significant income. Depending on your location, a well-located property can earn you $7,000 per month with minimal effort required beyond managing bookings.

11. Social Media Management

Many businesses are looking to increase their online presence but don’t have time to manage their social media accounts. By offering social media management services, you can charge between $500 and $2,000 per client and easily manage multiple clients in 20 hours a week.

12. YouTube Content Creation

Creating videos for YouTube can eventually turn into a lucrative side hustle. Once you build an audience, you can monetize your content through ads, sponsorships, and affiliate marketing. Successful YouTubers often make well over $7,000 a month.

13. Amazon FBA (Fulfillment by Amazon)

With Amazon FBA, you can sell products on Amazon while Amazon handles shipping, customer service, and returns. Once your business is set up, you can generate a significant income by sourcing profitable products to sell.

14. Dropshipping

Dropshipping allows you to sell products online without holding inventory. By partnering with suppliers, you can set up an online store, market the products, and earn money from the difference between the wholesale price and retail price.

Dropshippers around the world have been earning millions of dollars by selling cheap items bought from China to high-income countries like US, UK, Canada and Australia. Starting a dropshipping store is certainly the most lucrative side hustle as shopify offers a free trial followed by a $1 fee for the first month to run your store.

15. Consulting in Your Area of Expertise

Whether it’s business consulting, health coaching, or career coaching, people are willing to pay top dollar for advice from experts. Charging between $200 to $500 per session can allow you to earn $7,000 with just a few clients each month.

16. Freelance Video Editing

With the rise of video content across social media and marketing campaigns, video editing skills are in demand. Charging $50 to $200 per hour for your editing services can quickly add up to your target income.

17. Voiceover Artist

If you have a good voice, you can offer voiceover services for advertisements, audiobooks, or animations. Professional voiceover artists can earn hundreds per hour, making it possible to hit your monthly target with just a few gigs.

18. Real Estate Investing

By investing in rental properties or flipping houses, you can earn a significant passive income. With the right investments, real estate can bring in over $7,000 a month, especially if you manage properties efficiently.

19. Online Tutoring

Tutoring students in subjects like math, science, or languages can be profitable, especially if you’re catering to advanced or niche topics. With rates around $50 to $100 per hour, tutoring a handful of students can meet your income goal.

20. eBook Publishing

If you’re knowledgeable about a topic or have a passion for writing, self-publishing eBooks on Amazon or other platforms can provide passive income. Once your book is written and uploaded, it can generate continuous revenue with little ongoing work.

21. Private Chef or Caterer

If you enjoy cooking, you can offer private chef or catering services for small events, parties, or meal prep. Charging a premium for your culinary skills allows you to meet your financial goals without a full-time commitment.

22. Personal Fitness Trainer

By offering personal training services, either in-person or virtually, you can charge premium rates for one-on-one or group sessions. Many personal trainers charge $100 or more per hour, allowing you to make $7,000 a month with a few consistent clients.

23. Event Planning

Event planners are needed for everything from weddings to corporate events. With the right contacts and expertise, you can charge $2,000 to $10,000 per event, requiring only a few clients to hit your income goal.

24. Podcasting

If you can build a dedicated following for your podcast, you can monetize it through sponsorships, ads, and listener support. While building an audience takes time, successful podcasters can easily surpass $7,000 per month with just a few episodes a week.

25. Renting Out Equipment

Whether it’s cameras, drones, or tools, renting out high-demand equipment can generate a steady stream of income. Once you acquire the equipment, this side hustle can become mostly passive and still bring in consistent earnings.

26. Online Arbitrage

Online arbitrage involves buying products at a lower price from one platform and selling them for a profit on another. With the right strategy, you can scale this business and hit your income target without needing a full-time effort.

27. Graphic T-Shirt Business

Platforms like Redbubble or Teespring allow you to upload your own designs and sell custom t-shirts. Once you’ve uploaded your designs, the platforms handle the fulfillment, leaving you to collect your share of the profits.

28. Freelance Software Developer

Software developers are in high demand, and freelance developers can charge a premium for their expertise. If you’re skilled in coding, you can earn $100 to $200 per hour, making it possible to earn $7,000 with just a few projects.

29. Translation Services

If you’re bilingual or multilingual, offering translation services can be highly profitable. Translators charge by the word or by the hour, and demand is high in areas like legal, medical, and technical translations.

30. Email Marketing Specialist

Email marketing is a crucial part of many businesses’ marketing strategies. If you can create effective email campaigns, you can charge $100 to $250 per hour, allowing you to meet your financial goal with just a few clients.

31. Investing in Stocks or Cryptocurrency

While not exactly a “side hustle,” investing in the stock market or cryptocurrency can yield significant returns. With the right strategies and research, you can grow your investments to generate $7,000 or more per month in profits.

Final Thoughts

Earning $7,000 a month while working only 20 hours a week is entirely possible with the right side hustle. Whether you’re leveraging existing skills, investing, or creating passive income streams, these side hustles can help you achieve financial success without sacrificing your time. The key to success is consistency, persistence, and finding a side hustle that aligns with your strengths and interests. Start exploring one or more of these ideas and take the first step toward reaching your income goals today!

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