Earn Passive Income

Unlock Passive Income in 2024: Best Gig Economy Jobs to Pair with Cryptocurrency

Gintarė
September 4, 2024
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Did you know that you can combine crypto investments with gig economy jobs to create a sustainable income stream? The gig economy is booming, and it's offering more opportunities than ever for people who want to be their own boss, set their own schedule, and earn extra cash on the side.

In this article, we’ll explore the gig economy in detail, discuss whether it’s worth joining, make predictions for the future, and—most importantly—list the 25 best gig economy jobs you can use to unlock passive income in 2024.

What is the Gig Economy?

The gig economy refers to a labor market characterized by short-term or freelance work as opposed to traditional full-time employment. Gig jobs are often flexible, allowing gig workers to choose their own hours and work on projects that suit their skill set.

Popular gig economy platforms like Uber, Fiverr, TaskRabbit, and Upwork have transformed how we view employment, offering numerous job opportunities for those seeking either part-time or full-time work.

In a gig economy, independent contractors handle various tasks, often through gig apps that connect them with potential clients.

Whether it’s delivering food, offering pet-sitting services, or performing specialized tasks like graphic design, the gig economy provides a wide range of options for people looking to make extra money.

What Is Gig Work?

The Pros of Joining the Gig Economy

Let's take a look at the benefits of starting gig jobs.

Flexibility and Freedom

One of the primary benefits of gig jobs is the flexibility they offer. You can set your own schedule and work whenever you want—weekend nights, early mornings, or mid-day, depending on your personal routine. This is perfect if you're looking for job opportunities that fit around your daily life.

Be Your Own Boss

In gig jobs, you're an independent contractor, meaning you're in charge of how much or how little you work. There’s no boss hovering over your shoulder. You have complete control over your workload, making it ideal for self-motivated individuals.

Variety of Work

Another perk is the variety of different tasks available in the gig economy. Whether you prefer spending time walking dogs, delivering food, or working on more specialized gigs like web development, there’s something for everyone.

You can even choose gigs based on your interests or the skills you want to develop. For instance, the average pay for dog walking is around $16 per hour, which can vary based on the number of dogs handled or the provision of specialized services.

Potential for High Pay

Some of the highest-paying gig apps offer the chance to make good money. Many of these apps provide high hourly pay, bonus potential, or guaranteed hourly rates, making them attractive options for those looking for high-paying gigs.

If you find gig jobs that are in high demand, like delivering food in a major city or offering short-term rentals, you could earn even more.

How to Earn Additional Income

The Cons of Joining the Gig Economy

Nothing in life is perfect, including the gig economy. Let's take a look at the possible drawbacks of the gig economy.

Lack of Benefits

As a gig worker, you're considered self-employed, which means you won’t have access to traditional benefits like health insurance, retirement plans, or paid leave. For some, this trade-off for flexibility might not be worth it.

Inconsistent Income

While some gig jobs can be lucrative, pay varies significantly. Some gigs might offer high hourly earnings, but you may not get enough hours to make a consistent income. This can be especially tricky if you're looking for a consistent earner to rely on.

Liability and Risks

Working as an independent contractor can also come with risks. For example, if you’re delivering food or running errands, you may need liability coverage in case of accidents. Additionally, some gigs require you to pass a background check, which can be a hassle for those looking to get started immediately.

Competition and Saturation

The gig economy has become highly competitive, particularly on popular platforms like Uber, DoorDash, and Fiverr. With more people joining, some job boards can become saturated, making it harder to stand out or find consistent work.

Earn Income Own Side Hustle

Future of the Gig Economy: What to Expect in 2024 and Beyond

As we look toward 2024, the gig economy is expected to grow even more, especially with technological advancements and shifts in how people view work.

With more people seeking flexible schedules and a better work-life balance, it’s likely that we’ll see even more job opportunities in the gig economy.

High-paying gig apps will continue to emerge, and the integration of cryptocurrency into the gig economy could offer even more opportunities for those looking to earn passive income.

25 Best Gig Economy Jobs to Unlock Passive Income in 2024

Now that we’ve covered the pros, cons, and future of the gig economy, let’s dive into 25 gig economy jobs you can start today. Each of these gigs is flexible, allowing you to pair them with crypto investments for easy passive income.

1. Become a Freelance Writer

If you have a flair for writing, freelance writing could be the perfect side hustle for you. Whether it's writing blog posts, creating website content, or drafting marketing copy, businesses are always in need of quality content.

How to Get Started

  • Build a Portfolio: Start by writing samples that showcase your skills.
  • Join Freelance Platforms: Use platforms like Upwork, Fiverr, and Freelancer to find writing gigs.
  • Pitch Directly to Businesses: Reach out to local businesses or websites that might need your services.

Potential Income: You can expect to earn anywhere from $20 to $100 per hour depending on your experience and the complexity of the work.

2. Pet Sitting and Dog Walking

If you're a pet lover, this gig is a fun way to earn cash while spending time with pets. You can offer pet sitting or dog walking services to local pet owners.

How to Get Started

  • Use Pet-Care Platforms: Apps like Rover and Wag! make it easy to find pet sitting or dog walking gigs.
  • Network Locally: Reach out to pet owners in your community and offer your services.

Potential Income: Dog walking typically pays around $15 to $30 per hour, while pet sitting can range from $20 to $100 per day, depending on the care required.

3. Delivering Food with DoorDash

Food delivery services like DoorDash or Uber Eats are among the best gig jobs for quick cash. You can choose your own schedule and work as much or as little as you want.

How to Get Started

  • Sign Up for an App: Sign up as a delivery driver on apps like DoorDash, Uber Eats, or Grubhub.
  • Use a Reliable Vehicle: You’ll need a car, bike, or scooter to make deliveries.

Potential Income: Food delivery drivers earn about $10 to $25 per hour, depending on the area and how many deliveries they complete.

4. Become a Virtual Assistant

Virtual assistants provide administrative support to businesses or entrepreneurs remotely. This gig is perfect for those who enjoy organizing, scheduling, and managing tasks.

How to Get Started

  • Join a VA Platform: Websites like Belay and Zirtual help match VAs with clients.
  • Offer Specialized Services: If you have experience with social media, bookkeeping, or customer service, advertise those skills.

Potential Income: Virtual assistants typically make between $15 and $50 per hour, depending on the services offered.

5. Rent Out Spare Rooms on Airbnb

If you have a spare room, renting it out on Airbnb is an easy way to earn passive income. This is especially profitable if you live in a major city or tourist area.

How to Get Started

  • Create an Airbnb Listing: Take great photos of your space and set up your Airbnb profile.
  • Offer Additional Amenities: Include perks like Wi-Fi, toiletries, and coffee for a higher rating.

Potential Income: The income from short-term rentals varies depending on your location, but you could earn $50 to $200 per night for a well-maintained space.

6. Become a Tasker on TaskRabbit

TaskRabbit connects gig workers with people needing help with household tasks, such as furniture assembly, home repairs, or running errands.

How to Get Started

  • Sign Up on TaskRabbit: Create a profile and list the services you're able to offer.
  • Specialize: Focus on high-demand tasks like assembling furniture or mounting TVs for higher pay.

Potential Income: Taskers typically earn between $15 to $60 per hour, depending on the complexity of the job.

7. Distribute Flyers for Local Businesses

If you’re looking for a simple, flexible gig, distributing flyers for local businesses could be a great option. This job doesn’t require any special skills, just time and effort.

How to Get Started

  • Reach Out to Local Businesses: Many small businesses need help distributing flyers or marketing materials.
  • Set Up Contracts: Offer to distribute flyers in specific neighborhoods or events.

Potential Income: Expect to earn around $10 to $20 per hour for distributing flyers.

8. Web Development

Web developers are always in demand as businesses look to create or revamp their online presence. If you have coding skills, this is a gig that can provide high hourly earnings.

How to Get Started

  • Build a Portfolio: Create sample websites to showcase your skills.
  • Join Freelance Platforms: Look for web development gigs on Upwork or Fiverr.
  • Network: Reach out to businesses needing new or updated websites.

Potential Income: Web developers can earn between $25 and $100 per hour, depending on the complexity of the website.

9. Ride-Sharing with Uber or Lyft

Ride-sharing is one of the most popular gig economy jobs, and Uber and Lyft are two of the top gig apps for this purpose. You can set your own hours and work whenever it's convenient for you—weekend nights, early mornings, or even during lunch breaks.

How to Get Started

  • Sign Up: Create an account on Uber or Lyft and complete the required background check.
  • Have a Reliable Car: Ensure your vehicle meets the requirements set by Uber or Lyft.
  • Start Driving: Once you're approved, you can start accepting ride requests right away.

Potential Income: On average, Uber and Lyft drivers earn between $15 to $25 per hour, depending on their location and the number of rides they complete.

High-demand areas and peak times offer the most money, with drivers in major cities often earning more.

Local Work Near Me

10. Rent Your Car on Turo

If you own a car but don't use it often, you can rent it out on Turo and make an easy passive income. Turo is a peer-to-peer car rental service where you can list your car for travelers or locals who need a vehicle for a short period.

How to Get Started

  • Create a Listing: Take photos of your car and create a listing on Turo.
  • Set Availability: Choose when your car will be available for rent.
  • Offer Great Service: Maintain good communication and ensure your car is clean and well-maintained to earn positive reviews.

Potential Income: The income varies depending on the type of car and your location, but some Turo hosts report earning up to $500 or more per month by renting out their vehicles.

11. Freelance Graphic Designer

Graphic designers are in high demand, particularly in the age of digital marketing. If you have a talent for design, you can offer freelance services to businesses or individuals who need logos, branding materials, social media graphics, and more.

How to Get Started

  • Build a Portfolio: Design sample projects to showcase your talent and creativity.
  • Join Freelance Platforms: Websites like Fiverr, 99designs, and Upwork are great places to find clients.
  • Network: Reach out to small businesses, startups, or personal brands that need design work.

Potential Income: Freelance graphic designers typically earn between $20 to $100 per hour, depending on their skill level and the complexity of the project.

12. Deliver Packages with Amazon Flex

Amazon Flex offers independent contractors the opportunity to deliver packages for Amazon. If you have a vehicle and some free time, this gig is an easy way to make extra income while setting your own hours.

How to Get Started

  • Sign Up: Download the Amazon Flex app and complete the registration process.
  • Choose Your Schedule: Pick up delivery shifts that fit your availability.
  • Deliver Packages: Pick up packages from an Amazon fulfillment center and deliver them to customers.

Potential Income: Amazon Flex drivers typically earn between $18 to $25 per hour. The pay depends on how many deliveries you complete and the driving distance.

13. Complete Surveys for Cash

Completing surveys online may not be the highest-paying gig, but it’s one of the easiest ways to earn extra money. Survey companies pay you for your opinions on various products, services, or advertisements.

How to Get Started

  • Sign Up for Survey Sites: Join platforms like Swagbucks, Survey Junkie, or Pinecone Research.
  • Complete Surveys: Once registered, start completing surveys and earning points that can be redeemed for cash or gift cards.

Potential Income: Survey completion rates vary, but you can expect to make between $1 and $5 per survey, depending on its length and the platform.

14. Sell Products on Etsy

If you're skilled at making handmade crafts, jewelry, or artwork, you can sell your creations on Etsy. This is one of the best gig economy jobs for artistic individuals who want to monetize their hobbies.

How to Get Started

  • Create an Etsy Store: Set up your online shop with high-quality photos and descriptions of your products.
  • Promote Your Store: Use social media or participate in craft fairs to promote your Etsy store and attract customers.
  • Manage Orders: Make and ship your products in a timely manner to maintain positive reviews.

Potential Income: Your earnings will depend on the type of products you sell and how much time you dedicate to your Etsy store.

Many sellers make between $100 and $1,000+ per month, with some turning it into a full-time business.

15. Take Photos for Stock Image Websites

If you enjoy photography, you can upload your images to stock photo websites and earn money every time someone downloads your work. This is a great way to generate easy passive income while pursuing a creative passion.

How to Get Started

  • Sign Up for Stock Photo Sites: Join platforms like Shutterstock, Adobe Stock, or iStock to upload your photos.
  • Shoot High-Quality Photos: Focus on capturing images that are in high demand, such as landscapes, business settings, and everyday life.
  • Upload Consistently: The more photos you upload, the higher your chances of earning money.

Potential Income: Stock photographers can earn between $0.25 to $5 per download. While this may seem low, the passive nature of this gig allows for long-term earnings as your portfolio grows.

16. Become a Social Media Manager

Social media management is one of the most in-demand jobs in the gig economy. As a social media manager, you’ll help businesses create content, engage with followers, and grow their social media presence.

How to Get Started

  • Create a Portfolio: Start by managing the social media accounts of friends or local businesses to build experience.
  • Join Freelance Platforms: Websites like Upwork or Fiverr offer plenty of job opportunities in social media management.
  • Offer Custom Packages: Provide tailored services such as content creation, posting schedules, and analytics reports to attract clients.

Potential Income: Social media managers typically earn between $15 and $50 per hour, depending on their experience and the size of the business they’re managing.

17. Rent Out Storage Space

If you have extra storage space in your home, garage, or basement, you can rent it out to people in need of a place to store their belongings. Platforms like Neighbor allow you to turn your unused space into passive income.

How to Get Started

  • List Your Space: Sign up on Neighbor or similar platforms, upload photos, and list the type of storage you’re offering.
  • Set Your Price: Determine how much you want to charge based on the size and accessibility of your storage space.
  • Rent to Locals: People in your area will rent your space for short or long-term storage needs.

Potential Income: Storage rentals can bring in anywhere from $50 to $300 per month, depending on the size and location of the storage space.

18. Become a Transcriptionist

Transcriptionists are responsible for converting audio recordings into written text. This job is ideal for detail-oriented individuals with strong typing skills. You can work on your own schedule and transcribe everything from interviews to podcasts.

How to Get Started

  • Sign Up for Transcription Platforms: Websites like Rev, TranscribeMe, and Scribie offer transcription gigs.
  • Practice Your Typing Skills: Accuracy and speed are crucial for success in this gig.
  • Build Experience: Start with shorter transcriptions and work your way up to more complex projects.

Potential Income: Transcriptionists earn an average of $15 to $30 per hour, depending on the speed and complexity of the transcription.

Easy Passive Income Ideas

19. Create YouTube Videos

If you're passionate about creating videos, you can start a YouTube channel and earn income through ads, sponsorships, and affiliate marketing. Whether you're making tutorials, vlogs, or product reviews, YouTube offers massive potential for passive income.

How to Get Started

  • Create a YouTube Channel: Pick a niche you’re interested in and start uploading consistent, high-quality content.
  • Monetize with Ads and Sponsorships: Once you gain enough subscribers and views, you can join the YouTube Partner Program and start earning from ads.
  • Promote Your Channel: Use social media and other platforms to grow your audience.

Potential Income: YouTube earnings vary greatly, but successful YouTubers can make anywhere from a few hundred dollars a month to thousands through ad revenue and sponsorships.

20. Teach English Online

If you're a native English speaker, you can teach English to students worldwide. This gig is especially popular in countries like China and Japan, where there’s a high demand for English language instruction.

How to Get Started

  • Join an Online Tutoring Platform: Websites like VIPKid, Cambly, or iTalki connect you with students.
  • Get Certified: Some platforms require a TEFL or TESOL certification, which you can obtain online.
  • Set Your Schedule: Choose your own hours and work from the comfort of your home.

Potential Income: Online English teachers typically earn between $10 to $25 per hour, depending on the platform and their teaching experience.

21. Run a Passive Crypto Node on MystNodes

MystNodes offers a unique gig economy opportunity for tech enthusiasts and crypto investors alike. By running a decentralized VPN node, you help secure and support the Mysterium Network, earning cryptocurrency in return.

This gig requires minimal effort once the node is set up, making it a great option for easy passive income.

How to Get Started

  • Download the MystNodes App: Visit MystNodes.com to download the software and start setting up your node.
  • Configure Your Node: Follow the step-by-step guide to configure your computer or dedicated device as a VPN node.
  • Earn Crypto Passively: Once your node is running, you’ll start earning crypto based on your network activity and uptime.

Potential Income: Earnings vary depending on your location and network participation, but users can expect to make anywhere from $50 to $200 per month, with the potential to earn more as the network grows.

22. Become a Mystery Shopper

If you enjoy shopping and reviewing customer experiences, becoming a mystery shopper is a fun and flexible gig job. Mystery shoppers visit stores or restaurants and evaluate customer service, cleanliness, and product availability, reporting back to the company for pay.

How to Get Started

  • Sign Up for Mystery Shopper Agencies: Join platforms like BestMark or Market Force to find mystery shopping gigs.
  • Choose Assignments: Select assignments that fit your schedule and interest.
  • Complete the Task: Visit the location, perform the required tasks, and submit your review.

Potential Income: Mystery shoppers typically earn between $10 to $25 per assignment, with opportunities for bonuses if specific criteria are met.

23. Become a Tour Guide in Your City

If you’re knowledgeable about your city’s history, landmarks, or hidden gems, you can earn money by becoming a local tour guide. This gig is perfect for outgoing individuals who love sharing stories and interacting with tourists.

How to Get Started

  • Sign Up with Tour Platforms: Join platforms like Airbnb Experiences or ToursByLocals to list your services.
  • Create Unique Experiences: Design fun and educational tours that cater to different interests—historical tours, foodie tours, or adventure tours.
  • Market Yourself: Use social media or local networks to attract tourists to your tours.

Potential Income: Tour guides can earn anywhere from $15 to $50 per hour, depending on the length of the tour and the number of participants.

24. House Sitting

House sitting is a simple gig that involves taking care of someone’s home while they’re away. Duties typically include watering plants, collecting mail, and ensuring the property is secure. It’s a great gig for people who enjoy quiet time or want to travel while making money.

How to Get Started

  • Join House-Sitting Websites: Sign up on platforms like TrustedHousesitters or HouseSitter.com to connect with homeowners.
  • Build a Profile: Create a profile that highlights your reliability and trustworthiness.
  • Accept Jobs in Desired Locations: Browse available gigs and choose ones that fit your schedule or travel plans.

Potential Income: House sitters can make between $25 to $100 per day, depending on the property’s size and location.

25. Offer Errand Services

Offering errand services is one of the most flexible gig jobs available. Whether it’s grocery shopping, picking up dry cleaning, or delivering packages, many people need help with everyday tasks. You can use platforms like TaskRabbit to find these gigs.

How to Get Started

  • Sign Up on Gig Work Apps: Join platforms like TaskRabbit, Gigwalk, or Thumbtack to find local errand-running gigs.
  • Offer Multiple Services: The more services you offer, the more job opportunities you’ll find. Focus on popular errands like shopping or delivering items.
  • Build a Client Base: Provide great service to earn repeat business and high reviews.

Potential Income: Errand runners typically earn between $15 to $30 per hour, with the possibility of higher earnings in busy or high-demand areas.

Best Gig Apps for Gig Work

Wrapping It All Up

The gig economy has opened doors for people to find job opportunities that offer flexibility, autonomy, and extra income. Whether you’re looking for a consistent earner or ways to pair gig jobs with cryptocurrency investments, there’s something for everyone in this growing labor market.

By choosing one (or several) of the best gig jobs available, you can set your own schedule, become your own boss, and achieve financial freedom. Whether it’s delivering food, creating websites, walking dogs, or driving for Uber, the possibilities are endless.

2024 is your chance to capitalize on both gig jobs and crypto for a financially rewarding year. Choose the gigs that align with your skills, passions, and daily life to start earning passive income and more money today.

Gintarė
Copywriter

Meet Gintarė, the crypto-savvy wordsmith weaving digital tales! With a knack for turning technical jargon into captivating narratives, she's the maestro of the keyboard in the cyber realm. From decoding the complexities of blockchain to uncovering the latest passive income gems, Gintarė is your guide through the thrilling world of tech. With her keen eye for cybersecurity, she's not just a copywriter – she's your crypto confidante, making the digital frontier feel like home.

Frequently asked
questions

What Is Gig Economy?

The gig economy refers to a labor market characterized by short-term, freelance, or contract work as opposed to permanent, full-time employment. Gig workers perform tasks on a flexible, project-by-project basis. It offers opportunities for individuals to be their own boss and set their own hours.

What Is an Example of a Gig Economy Job?

An example of a gig economy job is driving for a ride-sharing service like Uber or Lyft. Drivers can choose their own schedules and earn money by providing transportation to customers. This type of job offers flexibility and independence.

What Is the Best Paying Gig Job?

Freelance web development is often considered one of the best-paying gig jobs. Skilled developers can earn anywhere from $25 to over $100 per hour, depending on their expertise and project complexity. This gig offers high-paying opportunities, especially for those with advanced technical skills.

What Is One Downside of Working in the Gig Economy?

One downside of working in the gig economy is the lack of benefits, such as health insurance or retirement plans. Gig workers are typically classified as independent contractors, which means they must cover their own benefits and taxes. This can make financial stability more challenging compared to traditional employment.