10 Side Business Ideas to Earn Money and Pay Off Debt


You could do a lot of things in your free time to earn extra money. You can use the extra money you earn to pay off your debts on time or sooner than they are due and avoid unnecessary fees and penalties.

Unfortunately, most people don’t know about these hacks or are afraid to try them.

This article has lined up ten part-time jobs to help you raise extra cash to pay off your loan on time.

10 Side Business Ideas to Earn Money and Pay Off Debt

1. Start a blog

Starting a blog is one of the best ways to earn extra money. However, this is not an instant income generating niche – setting up a blog can take several months.

Although its growth process is slow and labor-intensive, the potential of a website is almost limitless – with top-notch quality and consistency, your blog will earn you at least $500 per month.

The beauty of blogging is that you can (and should) start one on a niche you love the most, so it will be easy to write about.

Starting a website is affordable. You will only have to spend on hosting plans, domain names, and design.

The budget can vary depending on your hosting company and web designer, but generally you can get one starting at $200. If you don’t have money, you can secure cash loans transferred in 1 hour of Viva Payday Loans.

2. Tutoring

This is the best scramble for teachers or people with amazing skills in a specific niche.

For example, there is a high demand for English language teaching services in non-English speaking countries. This could be your breakthrough if you are good at speaking and teaching English.

Another good thing about this company is the time zone difference. This will allow you to do the tutorials after your usual work and from the comfort of your home.

Starting a parallel tutorial is relatively cheap. All you need is a good lighting system, a camera and a microphone. You can also do manual tutorials in your locality.

3. Freelance work online

Freelancing offers many ways to earn money online. There are tons of skills you could provide and earn in return, including writing, reading, making videos, social media marketing, accounting for organizations, and more.

Easy and profitable areas that you can try as a freelancer are online transcription, virtual assistance, and social media management.

You can start by opening an account on any freelance website. Upwork, Fiverr, Flexjobs, Guru, among others. The potential of this space is limitless.

4. Rent your car

Car leasing is a great way to create passive income, which you could use to pay off your debts. If you do not use your vehicle often, if you work from home or if you prefer to use public means, you can rent it.

Some websites allow car owners to list their vehicles for rent. All you have to do is set your price and indicate the availability of your car, and interested customers will contact you directly. You can make a lot of profit every month.

5. Buy and resell stuff

Buying and reselling stuff is one of the most money-generating side businesses you can try. The most important thing is to research cheaper places to buy and potential customers to sell to. Moreover, you can do it online or offline.

Thanks to technology, buying and reselling things is now easier and more profitable than ever. You can easily buy items online at wholesale prices and resell them on online marketplaces such as Amazon or eBay and make a good profit.

6. Deliver food and groceries

Food and grocery delivery services are a rapidly growing trend in the United States, making it on the list of the best side businesses to venture into. It’s a lucrative field, especially if you plan to make money from your car but don’t want to transport people or rent it out.

The main downside to this business is that if you think of it as a part-time job, you might not make a lot of money: many customers order food and groceries between 11:00 a.m. and 1:00 p.m. and you would probably be at your workstation during this time. time.

7. Create stuff to sell

If you don’t like looking for items to sell and are good at crafting items you can sell, this might be an idea to pursue. From craft stationery and unique gifts to home products, paints and downloadable items, the possibilities for selling your crafts are endless. Moreover, you can market your items online and get customers.

8. Take Online Surveys

This is one of the places where you can earn extra money online and use it to pay off your debts. Although this is a low paying space, you can easily do this in your spare time. It’s a common scramble for students.

Although the returns are low, you don’t need to employ any complicated skills or invest any money.

9. Carpooling

This is one of the most talked about side jobs: it has one of the best side jobs since you can do it anywhere, anytime. If you want to earn extra bucks at 3 a.m., you can still do that.

these jobs give you the luxury of earning when you want (during your free time) and on your terms.

10. Babysitter or dog sitter

Do you like the company of children or dogs? You could earn extra money working as a dog sitter or babysitter in your spare time.

However, finding people who want their children or dogs to be supervised can be tricky. You can always explore apps that connect you with people looking for such services.

ALSO CHECK: Can you get a payday loan with a 550 credit score?


You will have to make certain sacrifices to raise additional funds if you are struggling with debt. This article has given you some of the best side businesses you can use to pay off your loan fast.

And with technology, you can market skills and expand your network to earn more. Even better, you can offer your skills on your terms.


About Author

Comments are closed.