facebookWhat 2nd source of income do you guys have and would recommend? - Seedly

Larissa Lim

24 Dec 2019

SeedlyAMA

What 2nd source of income do you guys have and would recommend?

Thinking of picking up a side job but not sure which. What are some good side hustles that I can consider?

Discussion (18)

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Cedric Jamie Soh

24 Dec 2019

Director at Seniorcare.com.sg

Always get a side job that allows you to learn and hone a new skill.

I will frown on a job that is manual and less skills to be pick up, for example food delivery.

But do go for jobs that allow you to learn and master a new skill.

For example you can help people to do digital photoshoot (say you only know the basics) and you can go online upwork.com for example to offer people your skills.

As you work more and more, you get better and better and your side job can become your main job as a better income (as an example).

Another example of a side job is something that you can scale without you. For example say you decided to go taobao and buy stuff to resell in carousell. It can scale later if you found a good niche and able to generate profit. you can hire staff to help you manage fulfilment, manage customer services and make it bigger and better.

Bjorn Ng

24 Dec 2019

Business Analyst at 10x Capital

For me, it would be tuition. Good side income and time committed is not as much as compared to a part time job. Other than that, I also try to sell some stuff on carousell (but not as a fixed side income), and also actively invest the spare cash I have. You can also consider working part time @ a cafe - I believe they do pay at the very least $8/hour with flexible schedule. ​​​

Consider what are some talents or things you enjoy doing!

For myself, I did 1 to 1 English tuition for students since I was best at that. These days, I find myself participating more actively on social media marketing campaigns for brands. For a short Instagram story or feed post, you can get paid anything from S$15-S$150 and up.

Happy hustling!

A second source of income could be a dividend paying UT or if you are looking for a side job, maybe find something that you enjoy doing! I have friends who enjoy teaching and give tuition over the weekends or if you play a certain sport/musical instrument, you could also be a coach/teacher. :) Or you could look up for events online where they require helpers for a one-off event if you're just looking for additional income!

It depends on what skills you have - the most straightforward ones would be F&B related because the ...

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