As we enter a new year, many of us are looking for ways to make some extra money. Whether you’re looking to supplement your income or start a new business, there are a number of easy side hustles you can start in 2023 to make $5,000 per month.
1. Start a blog
If you’re passionate about a particular topic, starting a blog is a great way to share your knowledge and reach a large audience. While it takes some time and effort to grow a successful blog, it can be a very lucrative side hustle.
There are a number of ways to monetize your blog, such as selling products, affiliate marketing, and advertising. If you’re able to drive significant traffic to your site, you could easily make $5,000 or more per month from your blog.
2. Start an e-commerce store
With the rise of e-commerce, it’s easier than ever to start your own online store. There are numerous platforms you can use to set up your store, such as Shopify and WooCommerce. You’ll need to invest some time and money into creating and promoting your store, but it can be a great way to make passive income.
3. Create an online course
If you have expertise in a particular subject matter, you can create an online course and sell it for profit. This is a great option if you enjoy teaching and helping others learn new skills. There’s a wide range of platforms you can use to host your course, such as Udemy and Skillshare.
4. Invest in real estate crowdfunding
Real estate crowdfunding is becoming increasingly popular as an investment option. This type of investing allows you to pool your money with other investors to buy properties outright or provide loans for projects. With the right platform and strategy, you could earn healthy returns on your investment and reach your $5,000 per month goal. Some popular platforms for real estate crowdfunding include RealtyShares and EquityMultiple.
