150 ways to make money without having to get a traditional job

From Airbnb to Uber to eBay, these apps may help you earn some dough in the gig economy.

  • By Catey Hill,
  • MarketWatch
  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print

Working 9 to 5: What a way to make a living.

Or not.

Roughly one in four Americans now earns at least some of their income from the gig economy — be it driving an Uber or Lyft, selling goods online on a site like eBay or babysitting through Care.com — according to research published in 2018 by market research firm Edison Research. For 44% of gig workers, that side hustle is their primary source of income.

So what are these workers earning? It varies widely (though it’s important to point out that it’s often not enough, as 80% of gig-economy employees whose work is the primary source of income say that an unexpected expense of $1,000 would be difficult to pay, Edison found).

People who participate in the leasing gig economy (like renting a home on Airbnb) earn the most, at over $2,000 a month on average, according to data from JPMorgan Chase. But most others earn significantly less with the average across sectors only about $800 a month.

Despite sometimes low earnings, people choose gig work for a variety of reasons, including flexible scheduling and loss of a traditional job. And thanks to myriad apps and sites, they have a lot of options for side hustle work — as this fascinating graphic from lending company TitleMax shows.

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print
Copyright © 2019 Dow Jones & Company, Inc. All Rights Reserved.
Votes are submitted voluntarily by individuals and reflect their own opinion of the article's helpfulness. A percentage value for helpfulness will display once a sufficient number of votes have been submitted.
close
Please enter a valid e-mail address
Please enter a valid e-mail address
Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf.The subject line of the e-mail you send will be "Fidelity.com: "

Your e-mail has been sent.
close

Your e-mail has been sent.

You May Also Like...

What a Brexit deal would mean for investors

The tentative Brexit agreement reached this week still poses significant economic and political challenges that investors will find difficult to ignore.

Time to rethink your retirement savings allocation

Bonds are poised to cause more trouble than they're worth, and it may be time for investors with a 60/40 mix of stocks and bonds to replace them with other assets.

Employers match student loan payments with 401(k)

Many workers with student loans postpone saving for retirement. Now, a handful of companies are trying to prevent them from falling behind on retirement savings by matching their student-loan repayments with contributions to a 401(k) plan.