As Americans take on multiple jobs to make ends meet, one financial expert discussed how you can seamlessly expand your income.
Founder and CEO of SideHusl.com Kathy Kristof shared some of this year's savviest side hustles on FOX Business' "Varney & Co." Thursday.
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Kristof's company, SideHusl.com, looks at ways an individual can supplement their income through flexible, modern-day side gigs. The site lays out the different methods consumers can acquire new income with, including working an "odd job," selling a service, renting a service, and nearly everything in between.
"There is actually limitless opportunities. There are the old side hustles. Our website actually researches, reviews and rates more than 450 ways you can make money with flexible part-time gigs. So we do the old ones, we do the new ones. But yeah, some of the new ones have much more promise, and you earn a lot more money," Kristof told host Stuart Varney.
According to Kristof, some of this year's top side hustles include online tutoring, medical care, website consulting, marketing, and information technology.
When Varney asked whether the job industries listed in this year's top side hustles list will continue to expand, Kristof argued that the pandemic has thrust an unprecedented financial advantage to professional side jobs.
"The interesting thing is, the side hustle world has been going on for a while. As you know, there are all these online platforms that promise that they'll help you market your services as an independent contractor. And those have been going on for a while. But the big change, particularly since the pandemic, is that the big growth is in professional side hustles, where you can make hundreds of dollars an hour," Kristof explained.
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"If you have great experience as a consultant, or you just have deep experience in logistics or, tech – or any specific thing – in law. You can sign on with one of these consulting platforms, and you can really set your own rates, but you can make a six-figure income -- no problem," she concluded.
