Do you have a side hustle?

[pineapplejuice22]

If so what it is and how much do you make pcm?

I have seen LOADS on my sm recently and I’m so curious about them.

I buy and sell antiques including jewellery
I sell clothes shoes and bags on eBay
Pre Covid used to make £5-6k per year

I teach English to Chinese students, although it's actually my main hustle! I only make about 500 pcm though.

I've written a few crochet patterns and they earn me a little bit of royalties cash on ravelry. It's more than I would earn by making and selling the item for sure. Plus completely effortless after the initial pattern writing and testing as the site manages it for you.

I'm quite good at spotting retro and kitsch things at carboot sales which I put on eBay.

I don't make loads of money as I don't put much effort in but it pays for a weekend away once in a while

Yes I run a gift box business in my spare time!

I work full time but have four books published and also write for journals. They don’t make a fortune, but are adding a few more feathers to the retirement nest.
I also offer executive coaching and do a set contract of bi-monthly zoom sessions and phone support over a year for a set price. Time limits the numbers I can do to six at any time. My husband does likewise.
We also rent out our cottage - one holiday let and one our previous house on long term let.

I buy and sell. Anything from cars and farm machinery to antiques.Covid has meant that I've had to pretty much stop for the last year though,as the places that I buy from weren't open. I also grow plants from seed and sell them, but that is very much seasonal. I have two 'proper' jobs too.

I do translation and proofreading work and earn about £200 a month. I enjoy it and gives me a break from my main part time job, which is boring and repetitive.

@Kona84 I’d be interested in seeing your shop

@Catswithflamingos

Matched betting

I've looked into this but find it a bit confusing. Do you make a lot doing it?

Nothing with the term side hustle

@speakout I realise you might not want to say what you make but that's an amazing rate for Etsy. I can make jewellery and I have a couple of artist friends who came off Etsy and told me not to bother with it.

I do very little of it at the moment so I get given supermarket vouchers in return. I was thinking of Etsy as part of our retirement plan but heard such negative things. Nothing like £36 an hour.

I do freelance and consultancy alongside my day job at £35/hr. The extra income is very handy and even better that it’s on my terms!

A year ago I'd have said no, but the pandemic scared the crap out of me in how much I relied on just one source of income so I've spent all my free time over the last year building some bits up. I don't think many of them have been mentioned so far but I do

Print on demand (Redbubble, Merch by Amazon and Etsy using printful integration all do really well. A few year's back I had a more traditional crafty side hussle doing sublimation products, but the production, packaging etc was taking hours each day so this works much better for me even if I make slightly less per item, I don't have to cap myself on how many I sell especially in busy periods like Christmas)

Youtube - 3 channels now, all non facing but I had to teach myself editing to deliver my main job in lockdown so I just kept playing about, 1 is monetised, 1 is very close and one is a long way off.

Amazon KDP - Mostly colouring books so far, a few planners, one niche book I've had up there for about 4 years

Social media templates - I use facebook ads a lot in my main job, so I use it to drum up people for these but I do them very niche specific

Fiverr - again mostly social media templates, but a few banners etc too. I don't love this work so I don't push it at all, but I know some people do very well from it.

Currently working on an online course but that's not released yet, and I'm toying with trying Amazon FBA but I need to do a lot more research on that one.

I'm not good at sticking to one thing as you can tell, but I tend to dip in and out and come back after a few weeks break plus I figure once it's out there given time I'll see what actually works for me and what doesn't. I've tried to set up as passively as I can because I hope at some point my main job is going to ramp up again.

No one I know who does these sorts of 'on the side' jobs declares their earnings for tax purposes.

I assume it's the same with people on here (I'm sure they'll all say not, of course) and the irony in that is how left-wing MN is with regard to entitlement to state support and the disdain for businesses perceived to not pay enough tax.

I have a online boutique which earns me £1500 roughly a month profit along side my full time job

I live stream. Nothing dirty. Just a mum thing. It makes a few hundred.

I also foster lol

@CirclesWithinCircles

They cannot preclude them. They might think they can, but they can't.

"They" being the Law Society, most certainly can. I don't fancy being up on a charge of bringing the profession into disrepute because I fancy doing a bit of chance-your-arm stuff in my spare time.

They can stop you working for a competitor and they can expect you not to have another job that leaves you too tired and risks your health and safety while working for them. And they can ask you to ask their permission, but their permission must not be unreasonably withheld.

A restrictive covenant in a contract refers to a future event and is an entirely different matter.

What you do in your non working time is, generally, not your employer's business.

Hmmn.

If you are a solicitor, the Law Society is not your employer. I is possible that you are actually an employee of the Law Society but in that case why would they say you were "bringing the profession into disrepute" rather than claiming breach of your employment terms?

It is possible....

Property.

Day to day I run a careers consultancy business and employ a team of five. But I was only able to build that up because I had invested in property. I’ve six rentals in various parts of the country and a home abroad, all of which are let. These pay all the monthly bills and then some. I’ve always loved houses.

@SofiaMichelle

No one I know who does these sorts of 'on the side' jobs declares their earnings for tax purposes.

I assume it's the same with people on here (I'm sure they'll all say not, of course) and the irony in that is how left-wing MN is with regard to entitlement to state support and the disdain for businesses perceived to not pay enough tax.

Of course tax is declared. It’s done through a limited company - well two - and audited accounts have to be submitted by our accountant. To not declare all earned and unearned income would be fraudulent. We’d both lose our main jobs if we were fell foul of HMRC.

I’m sure some people sell things for profit and don’t declare income just as some work for cash in hand, but I’m not sure it’s fair to assume that is true of everyone. There are, in truth, some advantages of using a company to contract for additional income streams, but that’s very different from tax evasion.

@SofiaMichelle with respect, you are talking out of your botty! Of course I bloody declare it in my accounts!

@CirclesWithinCircles

They cannot preclude them. They might think they can, but they can't.

"They" being the Law Society, most certainly can. I don't fancy being up on a charge of bringing the profession into disrepute because I fancy doing a bit of chance-your-arm stuff in my spare time.

They can stop you working for a competitor and they can expect you not to have another job that leaves you too tired and risks your health and safety while working for them. And they can ask you to ask their permission, but their permission must not be unreasonably withheld.

A restrictive covenant in a contract refers to a future event and is an entirely different matter.

What you do in your non working time is, generally, not your employer's business.

Hmmn.

I can see the law society can regulate your lawyering, but if you were to want to burn the midnight oil making knitted hats for gerbils to offload on eBay... I can’t see where the law allows them to stop you, even if they are big fat The Law Society.

@SofiaMichelle

No one I know who does these sorts of 'on the side' jobs declares their earnings for tax purposes.

I assume it's the same with people on here (I'm sure they'll all say not, of course) and the irony in that is how left-wing MN is with regard to entitlement to state support and the disdain for businesses perceived to not pay enough tax.

I have a Ltd company, and my accounts are done annually by a chartered accountant. You're welcome to dm me and I'll tell you the company name and you can look up the accounts which have been submitted every year for seven years.

What you have said there is pretty much defamation.

With respect, @VanGoghsDog , what you do would not be considered a 'side hustle' by the vast majority of people.

I sell vintage and crafted items on Etsy, Facebook and eBay. I don't make or sell anything that I'm not making at least £15 an hour on (once i've factored in my time/costs/packaging) and i declare all my earnings.

It's steady at around £300 a month, and ramps up to about 3 times that around Christmas, I sell a specific Christmas themed crafted item.

Oh I thought 'side hustle' was some sort of local dialect for a passage way at the side of a house.
I was going to say we have one and it's where we keep our wheelie bins...but it's not is it?
Alternatively I suppose it could have been a Victorian bustle that is worn on the side a to give an impression of child-bearing hips...but it's not that either is it?
I suppose I don't watch enough television to keep up with these fancy, modern terms that the youngsters have these days.