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 6 lenders of 2020!
|Lender||Variable APR||Eligible Degrees|
|1.99% – 7.10%1||Undergrad & Graduate|
|1.99% – 6.65%2||Undergrad & Graduate|
|1.99% – 6.24%3||Undergrad & Graduate|
|2.39% – 6.01%||Undergrad |
|1.99% – 5.64%4||Undergrad & Graduate|
|3.18% – 6.06%5||Undergrad & Graduate|
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1 Important Disclosures for Splash Financial.
Splash Financial Disclosures
Splash Financial loans are available through arrangements with lending partners. Your loan application will be submitted to the lending partner and be evaluated at their sole discretion. For loans where a credit union is the lender, or a purchaser of the loan, in order to refinance your loans, you will need to become a credit union member.
The Splash Student Loan Refinance Program is not offered or endorsed by any college or university. Neither Splash Financial nor the lending partner are affiliated with or endorse any college or university listed on this website.
You should review the benefits of your federal student loan; it may offer specific benefits that a private refinance/consolidation loan may not offer. If you work in the public sector, are in the military or taking advantage of a federal department of relief program, such as income based repayment or public service forgiveness, you may not want to refinance, as these benefits do not transfer to private refinance/consolidation loans.
Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of May 1, 2020.
Fixed APR: Annual Percentage Rate [APR] is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Fixed Rate options range from 2.88% (without autopay) to 7.27% (without autopay) and will vary based on application terms, level of degree and presence of a co-signer. Rates are subject to change without notice. Fixed rate options without an autopay discount consist of a range from 2.88% per year to 6.21% per year for a 5-year term, 3.40% per year to 6.25% per year for a 7-year term, 3.45% to 5.08% for a 8-year term, 3.89% per year to 6.65% per year for a 10-year term, 4.18% per year to 5.11% per year for a 12-year term, 4.20% per year to 7.05% per year for a 15-year term, or 4.51% per year to 7.27% per year for a 20-year term, with no origination fees. The fixed interest rate will apply until the loan is paid in full (whether before or after default, and whether before or after the scheduled maturity date of the loan).
Variable APR: Annual Percentage Rate [APR] is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Variable rate options range from 1.99% (with autopay) to 7.10% (without autopay) and will vary based on application terms, level of degree and presence of a co-signer. Our lowest rate option is shown with a 0.25% autopay discount. Our highest rate option does not include an autopay discount. The variable rates are based on the Variable rate index, is based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of April 27, 2020, the one-month LIBOR rate is 0.43763%. The interest rate on a variable rate loan is comprised of an index and margin added together. The margin is a fixed amount (disclosed at the time of your loan application) added each month to the index to determine the next month’s variable rate. Variable rate options without an autopay discount consist of a range from 2.01% per year to 6.30% per year for a 5-year term, 4.00% per year to 6.35% per year for a 7-year term, 2.09% per year to 3.92% per year for a 8-year term, 4.25% per year to 6.40% per year for a 10-year term, 2.67% per year to 4.56% per year for a 12-year term, 3.44% per year to 6.65% per year for a 15-year term, 4.75% per year to 6.93% per year for a 20-year term, or 5.14% per year to 7.10% for a 25-year term, with no origination fees. APR is subject to increase after consummation. Variable interest rates will fluctuate over the term of the borrower’s loan with changes in the LIBOR rate, and will vary based on applicable terms, level of degree earned and presence of a co-signer. The maximum variable rate may be between 9.00% and 16.00%, depending on loan term. The floor rate may be between 0.54% and 4.21%, depending on loan term. These rates are subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
All credit products are subject to credit approval.
Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. 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. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.
As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.
Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.
Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.
Interest Rate: A simple annual rate that is applied to an unpaid balance.
Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.
KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of June 23, 2020. Information and rates are subject to change without notice.
3 Important Disclosures for SoFi.
4 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 2.98% APR (with Auto Pay) to 5.79% APR (with Auto Pay). Variable rate loan rates range from 1.99% APR (with Auto Pay) to 5.64% 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 July 31, 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 7/31/2020. 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 [email protected], or call 888-601-2801 for more information on our student loan refinance product.
© 2020 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.
5 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 0.18% effective July 10, 2020.