Work-from-home side jobs that can earn you more than $15 an hour include transcribing audio and video or instructing an online course. The income from online side jobs can help you reach financial goals like paying off student loans faster, and with a broad selection of side hustles available, you’re likely to find one that’s a good match for your needs.
4 work-from-home online side jobs that can pay $15-plus an hour
Taking on a second job online can be an effective way to boost your cash flow, but side gigs are known for their variable pay. While the following online side jobs often pay more than $15 an hour, there’s no guarantee because of variations such as location and time spent.
If you have a few extra hours on weekends or an extra hour a day, you could generate income by transcribing audio and video recordings.
Kollin Lephart, founder and CEO of digital marketing agency Destination M+PR, earned extra money this way to pay off her student loans while traveling abroad. She used Rev, which pays up to 90 cents a minute for transcribing audio or video or up to $3 a minute for translating subtitles. A transcriber who earned the maximum 90 cents a minute would earn $54 an hour.
To get started with Rev, you must:
- Be proficient in English
- Take a grammar quiz
- Submit a transcription sample
If approved, you can start transcribing as soon as possible. Recordings might be a few minutes or several hours, so you can choose based on how much time you have. Lephart, who did the work in her spare time, said she normally saw 10 to 20 jobs available when she logged in, and transcribed while drinking coffee and eating breakfast, as well as before she went to bed.
Lephart noted that it can take awhile to get good at transcribing, but she earned an average of $250 a week. Rev pays weekly via PayPal for completed projects.
Personal trainer and nutrition coach Niccole Hendrickson discovered her opportunity as an online course instructor by accident. When she moved from San Diego to Denver, building out the business online enabled her clients to remain with her.
She started by creating documents that outlined basic nutrition and fitness plans, then added video clips of exercises. According to Hendrickson, her online business brought in an extra $500 to $1,000 a month.
You could consider Udemy, which doesn’t charge instructor fees, to get started. To meet Udemy’s requirements, your courses must include:
- 30 minutes of video content
- At least 5 lectures or learning modules
To offer paid courses, you’ll need to submit a premium instructor application, which is typically reviewed within two business days.
Although you have a level of control over the price of your course, Udemy has price tiers. For U.S. courses:
- The minimum price tier is $19.99
- The maximum price tier is $199.99
When a student purchases a course, the instructor receives a percentage of that amount. Instructors receive monthly payouts via PayPal or Payoneer.
With sites like CloudPeeps, you can start a side job as a freelance social media marketer without having to chase down clients yourself.
The average Facebook user spends 38 minutes each day on the platform, while the average Instagram user is active 27 minutes a day. If you learn how to use social media for business marketing, you can help businesses develop a social media strategy that resonates with their brand. Tasks may include:
- Setting key performance indicators
- Tracking metrics across multiple social media platforms
- Reworking the content that’s posted to increase engagement
CloudPeeps notes that social media marketers are offered rates between $50 and $150 an hour. If you’re a social media marketer looking for work through CloudPeeps, there are three plans:
- Free (client transaction fee is 15%)
- Standard: $9 a month (client transaction fee is 10%)
- Plus: $29 a month (client transaction fee is 5%)
After you submit an invoice, your client has five days to review it and request changes; otherwise, their card on file is automatically charged. Clients can also opt to immediately pay the invoice. Payments are disbursed as direct deposits via Stripe.
Other sites, such as Contently, enable you to build an online marketing business as well, although that’s geared toward professional freelance writing rather than just social media.
If you’re detail-oriented and organized, virtual assistant work might be the perfect way to earn extra money online. There might be a challenge in fitting this side gig in with a day job, though the hours required will ultimately depend on your clients. The current hourly pay for this side hustle averages $15.70 an hour.
Blogger and virtual assistant coach Kayla Sloan earned $15 an hour out of the gate doing this work. She loved it because she could work from home, set her own schedule and skip the commute.
Sloan’s advice is to begin with your network, including any entrepreneurs or small-business owners you might know. If you come up empty, Sloan suggests finding online side jobs as a virtual assistant on job boards, though she does warn that jobs posted on such sites typically pay less.
You can also post your availability as a virtual assistant on freelance sites like Upwork and PeoplePerHour.
How to find more side hustles
Discovering work-from-home side jobs and offline gigs can be easy. The examples above are just a handful of ideas you can try that can pay at least $15 an hour.
Additional ideas for side jobs online or offline that can help you increase your monthly income include gigs as a:
- Delivery courier (e.g., DoorDash and Postmates)
- Vacation rental host (e.g., Vrbo and Airbnb)
- Ride-share driver (e.g., Lyft and Uber)
- Pet sitter or dog walker (e.g., Wag and Rover)
- In-person tutor (e.g., at a high school or through private clients)
By leveraging your existing skills or taking on an easy-to-do offline side hustle, you can start earning $15 an hour or more sooner than you realize. Whether you prefer the ease of using an established platform to find a second job online, or you want to build an online side hustle that’s entirely your own, there are many options to get started.
Jennifer Calonia contributed to this report.
Interested in refinancing student loans?Here are the top 8 lenders of 2020!
|Lender||Variable APR||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 2.94% APR (with Auto Pay) to 5.98% APR (with Auto Pay). Variable rate loan rates range from 1.89% APR (with Auto Pay) to 5.98% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of February 4, 2020, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 2/24/2020. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at firstname.lastname@example.org, or call 888-601-2801 for more information on our student loan refinance product.
© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for SoFi.
3 Important Disclosures for Figure.
Figure’s Student Refinance Loan is a private loan. If you refinance federal loans, you forfeit certain flexible repayment options associated with those loans. If you expect to incur financial hardship that would impact your ability to repay, you should consider federal consolidation alternatives.
4 Important Disclosures for Laurel Road.
Laurel Road Disclosures
Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. Mortgage lending is not offered in Puerto Rico. All loans are provided by KeyBank National Association.
ANNUAL PERCENTAGE RATE (“APR”)
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
For bachelor’s degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
ELIGIBILITY & ELIGIBLE LOANS
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between “Resident Since” date and “Card Expires” date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Graduates may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school. Any federal loans refinanced with Lender are private loans and do not have the same repayment options that federal loan program offers such as Income Based Repayment or Income Contingent Repayment.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for applicable terms and conditions.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
The interest rate you are offered will depend on your credit profile, income, and total debt payments as well as your choice of fixed or variable and choice of term. For applicants who are currently medical or dental residents, your rate offer may also vary depending on whether you have secured employment for after residency.
The repayment of any refinanced student loan will commence (1) immediately after disbursement by us, or (2) after any grace or in-school deferment period, existing prior to refinancing and/or consolidation with us, has expired.
POSTPONING OR REDUCING PAYMENTS
After loan disbursement, if a borrower documents a qualifying economic hardship, we may agree in our discretion to allow for full or partial forbearance of payments for one or more 3-month time periods (not to exceed 12 months in the aggregate during the term of your loan), provided that we receive acceptable documentation (including updating documentation) of the nature and expected duration of the borrower’s economic hardship.
We may agree under certain circumstances to allow a borrower to make $100/month payments for a period of time immediately after loan disbursement if the borrower is employed full-time as an intern, resident, or similar postgraduate trainee at the time of loan disbursement. These payments may not be enough to cover all of the interest that accrues on the loan. Unpaid accrued interest will be added to your loan and monthly payments of principal and interest will begin when the post-graduate training program ends.
We may agree under certain circumstances to allow postponement (deferral) of monthly payments of principal and interest for a period of time immediately following loan disbursement (not to exceed 6 months after the borrower’s graduation with an eligible degree), if the borrower is an eligible student in the borrower’s final term at the time of loan disbursement or graduated less than 6 months before loan disbursement, and has accepted an offer of (or has already begun) full-time employment.
If Lender agrees (in its sole discretion) to postpone or reduce any monthly payment(s) for a period of time, interest on the loan will continue to accrue for each day principal is owed. Although the borrower might not be required to make payments during such a period, the borrower may continue to make payments during such a period. Making payments, or paying some of the interest, will reduce the total amount that will be required to be paid over the life of the loan. Interest not paid during any period when Lender has agreed to postpone or reduce any monthly payment will be added to the principal balance through capitalization (compounding) at the end of such a period, one month before the borrower is required to resume making regular monthly payments.
KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of February 25, 2020 and is subject to change.
5 Important Disclosures for Splash Financial.
Splash Financial Disclosures
Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet applicable underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers.
6 Important Disclosures for College Ave.
College Ave Disclosures
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1College Ave Refi Education loans are not currently available to residents of Maine.
2All rates shown include autopay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.
3$5,000 is the minimum requirement to refinance. The maximum loan amount is $300,000 for those with medical, dental, pharmacy or veterinary doctorate degrees, and $150,000 for all other undergraduate or graduate degrees.
4This informational repayment example uses typical loan terms for a refi borrower with a Full Principal & Interest Repayment and a 10-year repayment term, has a $40,000 loan and a 5.5% Annual Percentage Rate (“APR”): 120 monthly payments of $434.11 while in the repayment period, for a total amount of payments of $52,092.61. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
Information advertised valid as of 1/1/2020. Variable interest rates may increase after consummation.
7 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 1.68% effective January 10, 2020.
8 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. The lowest advertised variable APR is only available for loan terms of 5 years and is reserved for applicants with FICO scores of at least 810.
As of 12/019/2019 student loan refinancing rates range from 1.90% to 8.59% Variable APR with AutoPay and 3.49% to 7.75% Fixed APR with AutoPay.
|1.89% – 5.98%1||Undergrad & Graduate|
|2.31% – 6.48%2||Undergrad & Graduate|
|1.93% – 6.68%3||Undergrad & Graduate|
|2.29% – 6.65%4||Undergrad & Graduate|
|1.99% – 7.06%5||Undergrad & Graduate|
|2.62% – 6.12%6||Undergrad & Graduate|
|1.77% – 6.25%7||Undergrad & Graduate|
|1.90% – 8.59%8||Undergrad & Graduate|