Why are more people looking to make money from home?

In a lockdown, many people had to work from home due to social distancing rules. We worked in our bedrooms, living rooms, and even the hallway in some cases. Many people began to enjoy the benefits of working remotely and preferred it to office work. 

Without a daily commute, there is much more time for your hobbies, family, and household chores. You can fit in a workout before work and spend time with your family at lunch. Many businesses adopted a flexible approach as offices began to reopen this summer. Employees could divide their time between remote and office work. 

Within the UK, thousands of small businesses were launched in lockdown. Remote working provides more time for side hustles and an extra income stream. One in four people have or are planning to start a side hustle soon to make some extra money. The working world transformed in lockdown, and it’s not uncommon to have two jobs these days. Your full-time job pays the bills, and your side hustle explores your personal interests. 

So, what are the most common side hustles in the UK?

Forex trading is a popular side hustle these days. You can access the platform on your mobile device and trade while you are at home on the sofa. You can make considerable profits and slowly refine your skills. You don’t need a large amount of money to start with either – you can build your funds and profits as you go.

Online tutoring is a popular side hustle for those currently studying at university or with an academic background. You can tutor students from all over the UK and choose what subjects and levels you teach. The most popular subject to teach online is English to non-native students. Completing a regulated TEFL course will provide you with opportunities to teach anywhere in the world or online. Other popular side hustles include personal training, social media management, freelancing and taxi driving. 

You can earn up to a couple of thousand pounds from a side hustle. You can add this on top of your annual salary at your full-time job. You could either invest your profits and launch a small business or enjoy a luxury holiday.

What are the downsides?

Hustle culture can push you towards bigger and better things. However, it can also take a toll on your mental health, energy, and body. Remember to set boundaries with yourself, so you don’t burn out in the process of running your empire.

Start a side hustle and learn all about a different industry. Online tutoring is a popular side hustle for those currently studying at university or with an academic background. You can tutor students from all over the UK and choose what subjects and levels you teach. The most popular subject to teach online is English to non-native students. Completing a regulated TEFL course will provide you with opportunities to teach anywhere in the world or online. Other popular side hustles include personal training, social media management, freelancing and taxi driving.  

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