7 Best Side Hustles for Students in 2024 ($10K+ Monthly)

Are you a student with the mindset to earn money through side hustles? And have you realized the importance of supplementing your income with side hustles?

In this modern digital era, students can leverage their skills, and passions into profitable ventures. Side hustles are one of the lucrative ventures that are perfect for students.

You can set your hours, work from anywhere with an internet connection, and most importantly, easily manage your academic schedule.

As we dive into 2024, new technologies and online platforms are opening up even more exciting possibilities for student side hustles. In this blog, we will explore the top 7 legit, emerging side hustles that can earn you a good amount of money online.

From creating engaging short-form content to exploring the world of AI animation, there’s something for everyone on this list. So, let’s get started.

Faceless Short-Form Content Creation

Being on camera, and creating content may not be that much easy for everyone! But what if I tell you that you can create faceless short-form content, and earn more than showing your face? Yes, it is possible! You just need a smartphone and an internet connection.

You as a student can create bite-sized, engaging videos for platforms like YouTube Shorts, TikTok, Instagram Reels, Snapchat, and Facebook Reels.

Depending on your niche, you can create engaging short-form content such as interesting facts, funny skits, eye-catching animations, educational tutorials, and so on. All you can do these without needing to be in front of the camera.

ALSO READ: How to start a Faceless YouTube Channel?

This side hustle is all about unleashing your creativity. You’ll need a knack for coming up with captivating ideas, a basic understanding of video editing, and a keen eye for what’s trending online. The best part? As your audience grows, you can explore potential income streams like brand sponsorships or affiliate marketing.

FULL AFFILIATE MARKETING GUIDE HERE: How to start an affiliate marketing as a beginner? (6 Easy Steps)

Here are some tips for crafting engaging short-form content without showing face.

• Leverage Creative Visuals with animations, graphics, and text overlays.
• It will be best if you focus on storytelling.
• Experiment with different formats.
• Use Voiceovers or Audio narration.
• Engage with your audience by responding to comments, asking questions, and encouraging interaction.

As you continue to grow your short-form content and receive a good amount of views, you can earn more than $10,000 a month from display ads, brand sponsorships, and affiliate marketing.

Online Coaching

Online Coaching could be a perfect side hustle for those students who have gained a particular skill, mastered a subject, or developed a unique talent. The demand for online coaching services is increasing rapidly, and students who have the qualifications to offer the service can earn good money by sharing their expertise, knowledge, and skills with a global audience.

There is no limit or bar on offering online coaching services because the key feature of this side hustle is its versatility. You could coach on anything from academic subjects like math or science to practical skills like coding or graphic design. Perhaps you have a talent for playing a musical instrument, creating stunning visuals, or mastering a specific game – all of these can be transformed into valuable coaching opportunities.

To get started with online coaching, you need to first identify your passion and expertise in a certain niche or subject matter. Once you finalize your niche, you can conduct market research to identify the demand for coaching services.

If you are good to go with your subject, you can start offering online coaching services to clients or other students through digital platforms like video calls, messaging apps, or dedicated online coaching websites.

Some important platforms for online coaching are listed below.

1. Video conferencing platforms: Zoom, Skype, or Google Meet to conduct one-on-one coaching sessions or group workshops.
2. Online course platforms: Create and sell online courses or coaching programs on platforms such as Udemy, Teachable, or Skillshare to reach a broader audience.
3. Social media and websites: Leverage social media channels, personal websites, or blogs to promote your coaching services, share valuable content, and engage with potential clients.

Dollar-cost averaging (DCA) on Stocks

Ever heard the saying “Don’t put all your eggs in one basket“? This applies perfectly to investing in the stock market. But what if you’re a student with limited funds and the stock market seems like a confusing, high-stakes game? Enter Dollar-Cost Averaging (DCA), a strategy that makes investing in your future accessible and less intimidating.

DCA enables you to invest a fixed amount of money at regular intervals irrespective of the current stock price, and market fluctuations. The main principle of this model is you as an investor are allowed to purchase more shares when prices are low, and fewer shares when prices are high hence, averaging out the cost per share over time.

With this, you can minimize the impact of short-term volatility, and benefit from the long-term growth potential of the stock market.

Before initiating this DCA model, you can analyze the benefits, and risks listed in the table below.

Dollar-cost averaging (DCA) eliminates the uncertainty in the stock market, enabling you to concentrate on the enduring strategy of wealth accumulation.

Numerous online resources and student investment clubs offer valuable insights into responsible stock market investing through DCA. Therefore, why not seize control of your financial future and begin investing small amounts each month?

Discord Building

Have you heard about Discord? If not, it is a communication platform that allows you to build, and manage vibrant online communities. Not only that, it can convert your community-building skills into a lucrative side hustle.

In recent times, Discord has emerged from a simple chat platform for gamers to a vibrant community hub covering a variety of niches, hobbies, and interests.

You as a student can create, grow, and monetize thriving communities depending on your interests or niches through Discord. To get started, you need to become a Discord builder and create a server tailored to a specific interest which includes setting up channels for discussions, voice chats, and file sharing.

Once you complete setting up a server, you can then flourish the community by boosting engagement, moderating discussions, and keeping the virtual space organized. Now, you must be wondering how can we make money with Discord.

Well, there are some ways to generate revenue from Discord including subscriptions, partnerships, and donations.

You can offer subscription-based services on Discord by offering exclusive content, perks, or roles within the server for a monthly fee. Likewise, you can collaborate with brands or creators relevant to your community for sponsored events or promotions. On the other hand, there is a possibility of receiving voluntary donations from the members.

Other sources of income with Discord include sponsored content, merchandise sales, paid events, workshops, and affiliate marketing.

If you have or want to learn skills in community management, and online marketing, you can build a vibrant community on Discord, and turn your passion into a source of income.

AI Animation

AI is everywhere now! And the world of animation is moving to the next level with the entry of Artificial Intelligence (AI). The way animations are generated has been completely revolutionized by AI creating exciting opportunities for students to explore AI Animation as a lucrative side hustle.

AI animation refers to using advanced algorithms and machine learning techniques to automate the animation process, making it faster, more efficient, and accessible to creators with varying levels of expertise.

You as a student can learn the use of AI technologies to create, enhance, or manipulate animation content such as character animations, motion graphics, visual effects, 2D, and 3D animations. Once you master these skills, you can create visually appealing content for a range of industries including digital marketing, advertising, entertainment, education, and gaming.

How students can make money with AI Animation?

• Execute Freelance Animation Projects: You can offer AI Animation services to clients or businesses requiring it for marketing campaigns, educational videos, social media content, or product demos.
• Sell your work on Marketplaces: You can see your AI-generated animations on various online platforms like Adobe Stock, Pond5, and Shutterstock.
• Collaborations: You can collaborate with potential clients to offer services including personalized animations, animated characters, or motion graphics.

Online Writing

Blogging, Freelance Writing, Content Creation, and Copywriting are some of the popular categories for online writing. Students can leverage these opportunities to earn income from anywhere with an internet connection.

If you have a passion for online writing, it can become a flexible, and rewarding side hustle. Use your writing skills for crafting blog posts, articles, website content, copywriting, product descriptions, social media content, and more.

With businesses, publications, and online platforms constantly in need of high-quality written content, freelance writing offers students the flexibility to choose their projects, set their rates, and work on a schedule that suits their lifestyle.

Various types of Online Writing Opportunities

• Blogging: Writing engaging, and informative articles for your blog, or offering services for other websites, and publications.
• Content Writing: Offer services such as writing SEO-optimized content, articles, and guides to businesses, companies, e-commerce sites, and online publications.
• Copywriting: Create appealing copy for advertisements, marketing materials, landing pages, email campaigns, and sales pages to enhance conversion, and boost sales.
• Social Media Writing: Create engaging posts, captions, and content calendars for brands, businesses, and influencers to enhance their online presence, and engagement.

Platforms for Content Writing

1. Freelance marketplaces: Sign up for freelance platforms like Upwork, Freelancer, Fiverr, or PeoplePerHour to browse writing gigs, submit proposals, and connect with clients seeking freelance writers.
2. Content mills: Explore content mill websites such as Textbroker, iWriter, or ContentFly, where you can write articles and content on a wide range of topics for a fixed fee or pay-per-word rate.
3. Job boards and writing communities: Join online writing communities, forums, and job boards like ProBlogger, BloggingPro, or Mediabistro to find writing opportunities, job listings, and networking opportunities in your niche.
4. Academic Writing: Offer your assistance to fellow students by providing editing, proofreading, or even research and writing services.

The Earning Potential: While it’s difficult to pinpoint exact figures, experienced freelance writers can earn anywhere from $25 to $50 per hour, and even more for highly specialized content. Focus on building a strong portfolio, refining your writing skills, and securing good clients to maximize your earning potential

Just remember, doing well in online writing means always making good stuff, getting your work done on time, and talking well with clients. So, practice your writing, try out different topics, and make yourself known online as a reliable and good writer.

Want to start a successful blog, and make money? Read our detailed guide here: How to start a blog, and start making money online?

Reselling Luxury Items

Reselling Luxury Items, and making side income looks pretty confusing however, it is one of the enticing opportunities to turn your passion for luxury into a profitable side hustle.

With the growing popularity of online marketplaces and increasing demand for pre-owned luxury goods, students can earn extra money by offering reselling services to a global audience of fashion lovers.

This venture capitalizes on the ever-growing trend of sustainable fashion and the desire for high-quality, pre-loved goods. By reselling luxury clothing, handbags, accessories, or even vintage finds, you can turn your pre-loved treasures into profit while giving them a second life.

How to get started with Reselling Luxury Items?

First of all, identify profitable luxury items for resale by exploring thrift stores, consignment shops, and vintage boutiques. There you can find hidden gems, rare products, and discounted luxury items.

Likewise, you can scan through platforms like eBay, Poshmark, The RealReal, and Vestiaire Collective for limited editions, discontinued styles, and authentic designer pieces.

Another strategy is to attend estate sales, flea markets, and garage sales to find timeless classics, unique products, and one-of-a-kind luxury items that are available at bargain prices.

As you finalize luxury items for resale, you can opt for various platforms including:

• Dedicated Luxury Resale Platforms: The RealReal, Tradesy, and Vestiaire Collective.
• Online Marketplaces: Poshmark, eBay, Depop, and Mercari.
• Social Media, and Personal Websites: Facebook Marketplace, Instagram, Pinterest Shop, own website/blog, influencer collaborations, and social media ads.

Here are some tips to maximize your reselling success:

• Accurately research, and Authenticate products.
• Showcase your luxury items with high-quality photos, and detailed descriptions.
• Research Similar Listings to set a competitive price.
• Focus on enhancing excellent customer service.

Conclusion

From the captivating world of faceless short-form content creation to the lucrative option of reselling luxury items, we explore 7 exciting opportunities for students to earn a good amount of money with side hustles in 2024.

With these 7 awesome side hustles, students can not only supplement their income but also gain valuable experience, develop new skills, and cultivate a sense of independence, and entrepreneurship.

Whether it’s building communities on Discord, investing in stocks through dollar-cost averaging, or curating luxury items for resale, each side hustle offers its unique set of challenges and rewards, empowering students to take control of their financial future and pursue their passions with confidence.

Remember, earning money is not an overnight target as it requires patience, dedication, discipline, and a willingness to adapt to changing market trends, and opportunites.