55 Best Side Hustles for Accountants
As an accountant, you have valuable skills that can help you earn extra income and provide financial stability through side hustles.
Whether you are looking to pay off debt, save for a down payment on a home, or build your retirement fund, there are numerous side hustle opportunities available to you.
In this guide, we have compiled a list of the 55 best side hustles for accountants to consider.
Why Consider a Side Hustle as an Accountant?
As an accountant, you may be wondering why you should consider a side hustle. After all, you already have a full-time job that keeps you busy. However, there are several compelling reasons why having a side hustle as an accountant can be beneficial.
“Having a side hustle can provide additional income streams, help diversify your skills, and create opportunities for career growth.”
First and foremost, a side hustle can provide you with extra income. Whether you're saving for a big purchase, trying to pay off debt, or just looking to boost your savings, a side hustle can help you achieve your financial goals. Additionally, having multiple streams of income can provide you with greater financial stability.
A side hustle can also help you diversify your skills. As an accountant, you may have a specific set of skills that you use in your day job. However, by pursuing a side hustle, you can develop new skills and gain experience in areas that you may not have otherwise explored.
Finally, a side hustle can create opportunities for career growth. By pursuing a side hustle, you may be able to develop relationships with new clients or customers, which can lead to new job opportunities or even the development of your own business down the line.
The flexibility and freedom that a side hustle provides can also be a major benefit. Rather than having to adhere to a strict schedule or follow someone else's rules, you can work on your own terms and pursue projects that truly interest you.
Side Hustles with Accounting Skills
Accountants have a unique set of skills that can be applied to a variety of side hustles. Here are a few options that specifically require accounting skills:
Freelance accounting services: Many small businesses and startups need accounting help but don't have the resources to hire a full-time accountant. By offering your accounting services on a freelance basis, you can help fill this need and earn extra income.
Bookkeeping for small businesses: If you have experience with bookkeeping, you can offer your services to small businesses in need of help with their financial records. This is a great way to earn extra income on the side.
Tax preparation: During tax season, many people are in need of help with their taxes. If you have experience with tax preparation, you can offer your services to individuals or small businesses in need of help.
Financial consulting: Use your expertise to offer financial consulting services. This could include helping individuals with personal finance management or working with small businesses on financial planning and strategy.
These side hustles are just a few examples of how you can use your accounting skills to earn extra income on the side. Consider which option aligns with your interests and expertise to find your perfect side gig!
Online Side Hustles for Accountants
Thanks to the internet, accountants now have more opportunities to earn extra income through online side hustles. Here are some side hustle ideas that accountants can pursue online:
Virtual Accounting: Offer bookkeeping and accounting services to clients remotely. This is a great way to build a flexible and profitable practice as a freelance accountant.
Online Tutoring: Use your accounting skills to teach others online. Consider creating courses on platforms like Udemy or Skillshare.
Financial Courses: Create online courses on financial topics like budgeting, investing, or accounting software.
Financial Coaching Services: Offer financial coaching services to individuals or small businesses through digital platforms like Skype or Zoom.
“One thing I love about online side hustles is the flexibility they provide. I can work from anywhere and at any time that suits me. It's a great way to earn extra income while still having time for my family and hobbies.” - Jane, Accountant and Online Bookkeeper
These online side hustles not only offer the flexibility to work from home, but they also provide the opportunity to grow a global business with potentially unlimited earning potential.
Side Hustle Ideas Outside of Accounting
While having accounting skills can open up a world of side hustle opportunities, it's important to remember that there are also profitable ventures outside of the accounting field. Here are some side hustle ideas that accountants can consider:
Freelance Writing: If you have a talent for writing, freelancing as a writer can earn you a substantial income. There are numerous writing opportunities, ranging from copywriting to content creation, that you can take advantage of.
Photography: If you have an eye for taking great photos, consider starting a photography side hustle. You can take photos of people, events, or even landscapes and sell them online.
Graphic Design: If you have a background in design, you can easily create logos, banners, and flyers for businesses or individuals. Graphic design is a lucrative side hustle that can earn you a good income.
Real Estate Investing: Real estate investing can provide substantial financial returns. You can invest in rental properties or flip houses for profit.
Online E-Commerce Ventures: With the rise of e-commerce, starting an online store has never been easier. You can sell physical products or digital goods like e-books, courses, and templates.
"Side hustles can offer accountants an opportunity to diversify their skills and create multiple income streams. Don't limit yourself to just accounting-related side hustles; explore your interests and passions, and find opportunities that align with them."
Capitalizing on Accounting Expertise
As an accountant, you possess a unique set of skills and expertise that you can leverage to create profitable side hustles. Here are some ways to put your accounting knowledge to work:
Offer Financial Consulting: Use your expertise to provide financial consulting services to individuals or small businesses. You can offer advice on budgeting, investment strategies, and tax planning.
Become a Personal Finance Blogger: Share your financial insights and tips by starting a personal finance blog. You can monetize your blog through ads, sponsorships, and affiliate marketing.
Develop Accounting-Related Software or Apps: Create software or apps that help individuals or businesses manage their finances more effectively. There is a growing demand for innovative accounting software and apps in the market.
By capitalizing on your accounting expertise, you can create side hustles that provide significant income streams and opportunities for career growth.
Networking for Side Hustle Opportunities
Networking is crucial for accountants who want to find side hustle opportunities. Meeting potential clients, joining professional organizations, and leveraging social media platforms are all effective ways to expand your side hustle business.
One effective strategy for networking is attending local accounting events and conferences. This gives accountants the opportunity to meet other professionals in the field and potentially acquire new clients or partnerships.
"Attending a professional event was the turning point for my side hustle. I was able to connect with other accountants and small business owners and start building my client base. It has made a huge difference in my extra income."
Joining online professional networks, such as LinkedIn groups, can also lead to potential side hustle opportunities. Accountants can showcase their skills and services on their profiles and connect with potential clients or collaborators.
Lastly, leveraging social media platforms like Twitter and Instagram can help accountants connect with a wider audience. By sharing industry insights and promoting their services, accountants can attract clients and establish themselves as experts in their field.
Balancing Your Side Hustle and Full-Time Job
As an accountant looking to start a side hustle, it's important to remember that balancing your side hustle with your full-time job can be challenging. However, with proper planning and time management, it's definitely doable! Here are some tips to help you navigate this balancing act:
Schedule your time wisely: Set aside dedicated time each day or week for your side hustle. Whether it's early in the morning, after work, or on the weekends, make sure you have a consistent schedule that works for you.
Prioritize your tasks: When it comes to balancing your full-time job and side hustle, it's important to prioritize your tasks. Make a list of what needs to be done for each and determine which tasks are most important.
Learn to say no: It's okay to say no to certain opportunities or requests if they don't align with your priorities. Don't overcommit yourself and risk burnout.
Communicate with your employer: Be upfront with your employer about your side hustle and make sure it doesn't interfere with your duties at your full-time job.
Take care of yourself: Make sure to take breaks and take care of yourself both physically and mentally. Avoid burnout by taking time to recharge and prioritize your well-being.
By following these tips, you can successfully balance your side hustle and full-time job as an accountant. Remember, it's all about proper time management, prioritization, and self-care.
Marketing and Promoting Your Side Hustle
Successful side hustles require effective marketing and promotion strategies to attract clients and customers. Here are some tips to help you get started:
Define your brand: Establish a brand identity that accurately reflects your side hustle. Create a logo, tagline, and mission statement that convey your unique value proposition.
Create an online presence: Build a professional website or social media profile that showcases your services and expertise. Use relevant keywords and search engine optimization techniques to improve your visibility.
Build a portfolio: Develop a portfolio of your work to showcase your skills and experience. Use case studies, testimonials, and before-and-after examples to demonstrate your value to potential clients.
Network: Attend industry events, join professional organizations, and connect with potential clients and collaborators on social media platforms. Use these opportunities to showcase your expertise and build relationships.
Offer promotions: Provide promotional offers or discounts to attract new clients and incentivize repeat business. Consider running referral programs to encourage satisfied clients to refer new business to you.
Leverage social media: Use social media platforms to promote your services and engage with potential clients. Share informative content, respond to inquiries promptly, and build a community around your brand.
"Marketing and promotion are essential components of a successful side hustle. Use these tips to establish your brand, build an online presence, and attract clients and customers."
Financial Considerations for Side Hustles
When it comes to side hustles, managing your finances is just as important as finding clients and customers. Here are some tips to help you stay financially stable while pursuing your side hustle.
Set competitive rates: Do some research to determine the going rate for your services or products. Make sure your rates are competitive and reflect the value you provide.
Budget for taxes: Remember that the income you earn from your side hustle is subject to taxes. Budget accordingly and consider consulting with a tax professional to ensure you are properly prepared.
Manage invoices and payments: Keep track of your invoices and follow up with clients who are late on payments. Consider using invoicing software to help streamline the process.
Seek professional advice: If you have any questions or concerns about the financial aspect of your side hustle, don't hesitate to seek advice from a financial professional.
By staying on top of your finances, you can ensure that your side hustle remains profitable and financially sustainable in the long run.
Building Skills and Knowledge for Side Hustles
As an accountant, continuous learning and skill development are crucial to staying competitive in the field and building a successful side hustle. Fortunately, there are many resources available to help you enhance your skills and knowledge.
One great way to stay up-to-date is by attending webinars. Many organizations offer webinars on various accounting topics, providing insights and best practices from experts in the field. Some even offer continuing education credits, which can count towards maintaining your CPA license.
Obtaining certifications is another way to demonstrate your expertise and credibility as an accountant. Consider earning certifications in relevant areas such as taxation, financial planning, or forensic accounting. These can set you apart from competitors and give clients confidence in your abilities.
Joining professional associations can also help you stay informed and connected with others in the industry. These associations often offer networking events, conferences, and educational resources to keep members up-to-date on the latest developments in accounting.
Lastly, consider seeking out mentorship or coaching from experienced accountants. This can provide invaluable guidance and advice as you navigate your side hustle and build your career.
Taking Your Side Hustle to the Next Level
Congratulations! You have successfully started your side hustle and are now earning extra income. But have you considered taking it to the next level? Turning your side hustle into a full-fledged business can be challenging, but it's certainly possible. Here are some tips to help you get started:
Assess your goals: Determine what you want to achieve with your side hustle. Do you want to expand your services, hire employees, or open a storefront? Be clear about your goals and develop a plan to achieve them.
Create a business plan: Develop a detailed business plan that outlines your services, target market, competition, marketing strategies, and financial goals. This will serve as a roadmap for your business and help you stay on track.
Build your team: Consider hiring employees or subcontractors to help you manage your workload and expand your services. Look for individuals who share your vision and can bring valuable skills to the table.
Invest in marketing: As your business grows, invest in marketing to reach a wider audience. Develop a strong brand and online presence, and consider advertising on social media, search engines, or print media.
Manage your finances: As your business expands, it's important to keep a close eye on your finances. Develop a budget, manage your cash flow, and seek professional advice when needed.
Stay focused: Remember why you started your side hustle in the first place. Stay true to your vision and remain focused on your goals. Don't get distracted by shiny new opportunities that don't align with your business plan.
Turning your side hustle into a successful business takes time, dedication, and hard work. But if you're passionate about your work and committed to your goals, the sky's the limit for your potential success. Keep pushing forward and never give up on your dreams.
Success Stories and Inspirational Accounts
Accountants have found great success and fulfillment through their side hustles. These stories of financial prosperity and independence are meant to inspire and motivate readers to explore their own side hustle opportunities.
"Starting my own accounting consulting business on the side was a game-changer. Not only did it provide me with extra income, but it also allowed me to work with clients that I truly enjoyed helping." - Sarah, 36, California
Sarah's experience is a testament to the benefits of side hustles. By pursuing something she was passionate about, she was able to increase her income and find satisfaction in her work.
Another accountant, Mark, found great success as a freelance tax preparer. He was able to offer his services to a variety of clients, from individuals to small businesses, and even landed a few high-profile clients.
"I never thought I would enjoy helping people with their taxes, but it turns out that I really do. And the extra income doesn't hurt either." - Mark, 42, New York
Mark's story shows that a side hustle can provide not just financial gain but also a newfound passion for one's work.
Finally, there's Rachel, who found success with her side hustle as an online financial coach. Through her website and social media presence, she was able to reach a wide audience and help people with their personal finances.
"I never would have guessed that my accounting skills would come in handy for coaching people on their finances. But it turns out that the skills are very transferable, and I love being able to help people in this way." - Rachel, 29, Texas
Rachel's story demonstrates how a side hustle can allow an accountant to explore new passions and skills, leading to a more fulfilling career.
These are just a few examples of the many success stories of accountants who have found financial prosperity and career fulfillment through their side hustles. With the right opportunity and mindset, a side hustle can be the key to a better financial future.
Here is a list of 55 Side Hustles for Accountants
Virtual Fractional Bookkeeping
Getting Started: Highlight your bookkeeping experience on your resume. Seek virtual bookkeeping opportunities on platforms like Upwork and Craigslist. Build an online presence to showcase your expertise.
Potential Earnings: The average rate for virtual bookkeepers is around $19 per hour.
Additional Tips: Expanding your services to include accounting and tax work can lead to higher-paying opportunities.
Virtual Fractional Accounting
Getting Started: Similar to bookkeeping, update your resume and seek prospects online. Accounting services involve presenting financial data to business owners and investors.
Potential Earnings: The average rate for virtual accountants is about $24 per hour.
Additional Tips: Offering a broader range of financial services can lead to more clients and increased income.
Virtual Fractional CFO Services
Getting Started: Leverage your accounting background to offer CFO services to small businesses. Gradually build experience and a portfolio to attract higher-paying clients.
Potential Earnings: CFOs for larger companies can earn over $200,000 annually.
Additional Tips: Networking and building trust are essential for securing fractional CFO roles.
eBook Writing on Accounting and Tax Topics
Getting Started: Choose a topic aligned with your expertise. Write or hire a freelancer to create the eBook. Publish and market it on platforms like Kindle Direct Publishing.
Potential Earnings: Earnings vary, with potential for a few hundred dollars per month.
Additional Tips: Promote your eBook on your blog or other channels to attract readers.
Business Plan Consulting
Getting Started: Create a website showcasing your ability to review financial aspects of business plans. Offer your services to current clients and seek referrals.
Potential Earnings: Fees for reviewing business plans can range around $2,000.
Additional Tips: Focus on highlighting your experience in financial plan review.
Online Teaching (Accounting & Tax)
Getting Started: Develop an online accounting course. Choose a platform like Teachable or Thinkific to publish and market your course.
Potential Earnings: Successful courses can yield $1,000 to $10,000 monthly.
Additional Tips: Invest in learning how to effectively market your online course.
CPA Exam Tutoring
Getting Started: Obtain CPA certification. Apply for tutoring positions or promote your services through platforms like Craigslist. Consider platforms like Outschool for online tutoring.
Potential Earnings: Specialized tutoring like CPA exam prep can earn around $70 per hour.
Additional Tips: Stay updated on changes in the CPA exam to provide valuable assistance.
Getting Started: Consider earning tutoring certification. Find tutoring opportunities with job openings or create your own services. Utilize platforms like Outschool for online tutoring.
Potential Earnings: Tutoring rates vary, with an average of $55 per hour.
Additional Tips: Tailor your rates to different tutoring services and client needs.
Create a YouTube Channel
Getting Started: Choose an accounting-related topic for your channel. Invest in basic recording equipment. Plan, record, and publish your episodes. Monetize through ad revenue, sales, donations, and sponsorships.
Potential Earnings: Earnings depend on channel popularity and views.
Additional Tips: Use the channel to promote affiliate products for extra income.
Freelance Tax Preparation
Getting Started: Obtain CPA certification if not already done. Create a website and profiles on platforms like Upwork and Fiverr. Offer tax preparation services to clients.
Potential Earnings: Fees range from $150 to $350 per tax return.
Additional Tips: Consider combining tax prep with freelance bookkeeping for added income.
Submit Guest Blogs
Getting Started: Contact popular accounting and finance websites for guest posting opportunities. Pitch relevant ideas based on your expertise.
Potential Earnings: Compensation varies, typically ranging from $50 to $500 per post.
Additional Tips: Use guest blogs to promote your own services and products.
Financial Planning for Small Companies
Getting Started: Create a website promoting your financial planning services. Reach out to local businesses and offer assistance in making future financial decisions.
Potential Earnings: Charge between $50 to $200 per hour for financial planning.
Additional Tips: Leverage your existing clients to find new financial planning clients.
Freelance Proofreading (Accounting, Tax and Finance)
Getting Started: Create profiles on freelance platforms. Emphasize your attention to detail as an accountant. Offer proofreading and editing services.
Potential Earnings: Freelance proofreaders charge $25 to $45 per hour.
Additional Tips: Market your services to your accounting and bookkeeping clients.
Guest Lectures and Seminars (Accounting, Tax and Finance)
Getting Started: Identify relevant topics for talks. Contact local institutions to offer your services as a guest lecturer. Use your expertise to deliver valuable seminars.
Potential Earnings: Seminars at libraries or colleges may pay around $200.
Additional Tips: Use seminars to promote your other services and products.
Bookkeeping App Design
Getting Started: Learn app development or partner with a developer. Create a profile on freelance platforms. Offer app design services for bookkeeping and accounting tools.
Potential Earnings: Freelance app developers earn $60 to $80 per hour.
Additional Tips: Consider creating your own app to aid your accounting work.
Bookkeeping and Accounting Services Web Design
Getting Started: Polish your own website to showcase your design skills. Offer web design services to colleagues and clients. Create profiles on freelance platforms.
Potential Earnings: Web designers charge an average of $75 per hour.
Additional Tips: Combine web design with content creation for added value.
Guest Podcast Appearances
Getting Started: Reach out to relevant podcasts for guest appearances. Present your expertise and contribute valuable insights.
Potential Earnings: Podcasts don't usually pay guests; instead, focus on promoting your services.
Additional Tips: Explore podcasts outside your industry for wider exposure.
Online Focus Groups
Getting Started: Sign up for online focus group platforms. Participate in relevant focus groups to share your opinions.
Potential Earnings: Earnings vary depending on the focus group's complexity.
Additional Tips: Focus on online focus groups for introverts.
Teaching Accounting Software
Getting Started: Utilize your software expertise to teach others. Create online courses and offer them on platforms like Teachable. Consider certifications for specific software.
Potential Earnings: Rates for teaching software align with tutoring rates.
Additional Tips: Specialize in software used widely in the accounting industry.
Getting Started: Create profiles on freelance platforms. Highlight your attention to detail as an accountant. Offer editing and proofreading services.
Potential Earnings: Freelance editors earn $25 to $45 per hour.
Additional Tips: Focus on math-related content to leverage your expertise.
Personal Budgeting Services
Getting Started: Highlight your skills in creating personal budgets. Offer your services through a website and word-of-mouth referrals.
Potential Earnings: Charge $50 to $200 per client for budget creation.
Additional Tips: Target college students in need of budgeting help.
Getting Started: Approach local businesses and organizations to offer financial forecasting services. Use success stories to attract more clients.
Potential Earnings: Charge $50 to $100 per hour for financial forecasting.
Additional Tips: Upsell additional accounting services to your clients.
Sell Digital Templates (Printables)
Getting Started: Design financial templates and sell them as digital products on platforms like Etsy.
Potential Earnings: Templates can sell for $5 to $10 each.
Additional Tips: Create unique and visually appealing templates.
Getting Started: Create profiles on freelance platforms. Showcase your research skills gained from your accounting background.
Potential Earnings: Freelance researchers earn $20 to $40 per hour.
Additional Tips: Focus on researching financial topics to attract clients.
Investing in the Stock Market
Getting Started: Open a brokerage account, research investments, and invest wisely for potential long-term gains.
Potential Earnings: Earnings vary based on investments and market performance.
Additional Tips: Only invest what you can afford to lose and consider long-term goals.
Real Estate Investment
Initial Steps: If direct real estate investment isn't feasible, explore alternatives like real estate investment trusts (REITs) or crowdfunding platforms. Research potential investments carefully for safety.
Earnings Potential: Similar to stock market investment, returns can vary. Consider areas undergoing positive transformations for potential gains.
Additional Insights: Join investment groups to discuss strategies and ideas.
Initial Steps: Select an affiliate marketing niche aligned with your expertise. Research affiliate networks such as AmazonAssociates, ClickBank, and ShareASale. Develop a platform, create valuable content, and incorporate affiliate links.
Earnings Potential: Affiliate marketers earn commissions from sales generated through their links. Average full-time earnings are around $60,000 annually.
Additional Insights: Clearly disclose affiliate links in your content.
Initial Steps: Register on paid survey platforms like Branded Surveys, Survey Junkie, and Inbox Dollars. Participate in surveys you qualify for.
Earnings Potential: Online surveys offer small monetary rewards or gift cards, not substantial income.
Additional Insights: Online surveys suit those who prefer introverted tasks.
Monetize Your Creativity
Initial Steps: If you engage in crafts or creative work, consider selling items you make. Create a product line, take photos, determine pricing, and sell through local stores, events, or online platforms like Etsy.
Earnings Potential: Earnings vary based on product type, effort, and marketing. A solid business approach can yield a few thousand dollars annually.
Additional Insights: Teaching your craft can be an additional revenue stream.
Blogging (Accounting or Tax)
Initial Steps: Leverage your accounting knowledge to create valuable blog content. Use platforms like WordPress or Wix to publish articles. Monetize through ad revenue or platforms like Mediavine.
Earnings Potential: Full-time bloggers earn approximately $45,000 annually, but significant income growth is possible.
Additional Insights: Blogs can also promote your accounting services and other offerings.
Selling Not needed Items
Initial Steps: List items you no longer need and could sell. Photograph items, set prices, and choose a selling platform like Craigslist or Facebook Marketplace.
Earnings Potential: This provides one-time earnings, not consistent income.
Additional Insights: Promote your items through social media and other platforms.
Initial Steps: Register on platforms like Trusted House Sitters or House Carers. Look for local house sitting opportunities.
Earnings Potential: House sitting fees range around $25 per hour, potentially more with added services like pet sitting.
Additional Insights: Suitable for remote workers who can work from the house.
Credit Card Rewards
Initial Steps: Research and apply for credit cards with cashback rewards. Use these cards responsibly to earn cashback rewards on purchases.
Earnings Potential: While not a primary income source, prudent credit card use can yield a decent amount annually.
Additional Insights: Some stores offer credit cards with rewards.
Substitute Teaching in Math
Initial Steps: Apply to local school districts as a substitute math teacher. Accept assignments when regular teachers are absent.
Earnings Potential: Daily pay for substitute teachers averages between $80 and $180.
Additional Insights: Substitute teaching can help market your tutoring services.
Initial Steps: Develop sample resumes and create profiles on platforms like Upwork and Fiverr. Market your services to clients.
Earnings Potential: Professional resume writers charge an average of $200 per resume.
Additional Insights: College students often need resume help.
Initial Steps: Join platforms like UserTesting or BzzAgent. Test products and provide feedback.
Earnings Potential: Product testers earn modest payments or gift cards.
Additional Insights: Some products can be resold for additional earnings.
Gaming for Rewards
Initial Steps: Sign up for apps like Mistplay or Rewarded Play. Play games to earn reward points.
Earnings Potential: Earnings are minimal and often come in the form of gift cards.
Additional Insights: Play games while doing other activities.
Social Media Marketing
Initial Steps: Leverage your social media expertise to offer marketing services. Create profiles on platforms like Upwork and Fiverr.
Earnings Potential: Freelance social media marketers earn between $15 and $35 per hour.
Additional Insights: Offer your services to your existing clients.
Renting Out Property or Items
Initial Steps: List items or properties you can rent out. Utilize platforms like Airbnb, Getaround, or SpotHero for short-term rentals.
Earnings Potential: Rental income varies based on what you offer.
Additional Insights: High-quality images can attract renters.
Initial Steps: Use your organizational skills to offer home or office organizing services. Build your clientele through networking and online presence.
Earnings Potential: Professional organizers charge between $30 and $130 per hour.
Additional Insights: Promote your services to local businesses as well.
Initial Steps: Create a voiceover portfolio. Register on platforms like Upwork, Fiverr, or Voices.com.
Earnings Potential: Earnings depend on project length and type.
Additional Insights: Ideal for introverts, consider investing in quality recording equipment.
Initial Steps: Choose a transcription software. Consider getting certified. Register on platforms like Upwork and Fiverr.
Earnings Potential: Transcriptionists earn between $0.75 and $1.50 per audio minute.
Additional Insights: Your accounting knowledge can be beneficial for industry-specific transcription.
Lesson Plan Writing
Initial Steps: Develop lesson plans for subjects like accounting and math. Sell on platforms like Teachers Pay Teachers.
Earnings Potential: Earnings vary based on plan complexity and sales.
Additional Insights: Network with teachers for custom plan requests.
Initial Steps: Research exam proctoring requirements in your area. Apply for proctoring jobs.
Earnings Potential: Proctoring roles pay around $15 to $20 per hour.
Additional Insights: Your accounting background could be useful for CPA exam proctoring.
Online Test Grading
Initial Steps: Apply for online test grading positions through platforms like Pearson or ETS.
Earnings Potential: Earnings are around $10 to $13 per hour.
Additional Insights: Highlight your accounting and bookkeeping background for relevant roles.
Mobile Notary Services
Initial Steps: Follow state requirements to become a notary public. Purchase necessary tools. Offer your services for real estate transactions.
Earnings Potential: Notary fees range from $75 to $200 per signing.
Additional Insights: High-quality tools enhance professionalism.
Initial Steps: Specialize in a consumer niche, create a website, and market personal shopping services.
Earnings Potential: Personal shoppers earn around $15 per hour.
Additional Insights: Certification can add credibility to your services.
Initial Steps: Learn popular carpentry items, buy necessary tools, and create items to sell through platforms like Etsy.
Earnings Potential: Earnings vary based on item type and effort.
Additional Insights: Offer custom products for increased earnings.
Participate in Studies
Initial Steps: Register on platforms like User Interviews to participate in research studies.
Earnings Potential: Compensation varies; some studies pay a few hundred dollars.
Additional Insights: Let researchers know you're open to more opportunities.
Reselling Old Books
Initial Steps: Gather old books, purchase books at library sales, and sell through platforms like PangoBooks.
Earnings Potential: Earnings range from $2 to $3 per book.
Additional Insights: Online platforms make reselling convenient.
Start a Handyman Service
Initial Steps: Establish a credible business through an LLC, insurance, and compliance. Market services online and locally.
Earnings Potential: Handyman services average between $60 and $75 per hour.
Additional Insights: Offer your services to both residential and commercial clients.
Remember, these side hustles can offer various levels of income based on effort, skill, and market demand. Choose those that align with your expertise and goals for optimal results.
As an accountant, having a side hustle can provide a multitude of benefits, from boosting your income to diversifying your skills and creating opportunities for career growth. Throughout this guide, we have explored numerous side hustle options, both accounting-specific and outside of the field, that you can pursue to achieve financial success and fulfillment.
Networking, marketing, and balancing your side hustle with your full-time job can present challenges, but with the right strategies and mindset, you can overcome them and thrive. Remember to continuously build your skills and knowledge, seek professional advice, and never stop exploring ways to enhance and expand your side hustle.
Hopefully, the success stories and inspirational accounts we've shared have motivated and inspired you to take action and embark on your own side hustle journey. Don't wait - start exploring your side hustle options today and experience the benefits and rewards for yourself.