Best Side Hustles for Finance Professionals in 2024 ($300+/hr)

Last Updated on February 21, 2024 by John Cirelly

Professionals looking to earn extra have an upper hand thanks to their business knowledge and advanced skillsets. Below are some of the best side hustles for finance professionals that can earn up to $300 and hour.

Best Side Hustles for Finance Professionals in 2024

Earn The Highest Freelance Rates on Toptal

For finance professionals looking to leverage their expertise into lucrative side hustles, freelancing on Toptal presents a premium opportunity. Toptal is a selective platform that connects the top 3% of freelance finance experts with global companies for high-level projects. Here, side hustles for finance professionals aren’t just about filling time; they’re about engaging with serious, high-paying work.

Earnings can vary widely depending on the complexity of the project and your expertise, but finance professionals can expect to earn anywhere from $100 to $300 per hour. The key to success on Toptal is showcasing your unique skills and experiences.

Start by creating a standout profile, then pass Toptal’s rigorous screening process. Once in, you’ll have access to projects from startups to Fortune 500 companies looking for the very best in financial consulting, analysis, and management services.

Create a Finance Course

Creating a finance course is a fantastic way for finance professionals to monetize their expertise and experience. Whether focusing on niche industry knowledge, personal finance, or small business finance, an online course can generate significant income. Initially, earnings might start from a few hundred to several thousand dollars per launch, depending on the course’s price, audience size, and marketing efforts.

To get started, identify a unique angle or pain point that your course can address. Use platforms like Udemy or Teachable to host your course, or consider launching it on your own website for greater control over pricing and marketing. Including practical exercises, case studies, and actionable advice can make your course stand out. While promoting your course through social media, finance blogs, and email marketing can amplify your reach.

Start a Finance Blog

Starting a finance blog is one of the most engaging side hustles for finance professionals looking to share their insights and advice. While the finance niche is competitive, it also offers substantial opportunities for monetization through affiliate marketing, sponsored posts, and advertising.

Initially, bloggers might earn modestly, but as your blog grows, it’s possible to make thousands per month. The key is to create high-quality, unique content that addresses your audience’s needs and stands out in the crowded finance space. Utilize SEO strategies to increase your visibility and consider leveraging tools like Outranking.io to find keywords and drive traffic.

Start a Finance Newsletter

Launching a finance newsletter is a strategic move for finance professionals aiming to keep clients and readers informed about the latest trends, news, and savings tips. This side hustle offers a direct line to your audience, fostering trust and establishing you as a go-to resource in the finance field.

Financial newsletters can be monetized in several ways, including subscription fees, sponsored content, and affiliate marketing. Earnings can vary, with some newsletters starting to generate income from $500 to several thousand dollars per month as the subscriber base grows.

Getting started involves choosing a niche or focus that resonates with your target audience, using platforms like ConvertKit for email marketing to design and distribute your content. By starting a newsletter side hustle, you not only build a loyal following but also create a potential revenue stream by sharing your expertise and insights.

Start a Financial YouTube Channel

For finance professionals keen on tapping into the vast audience of visual learners, starting a financial YouTube channel is an innovative side hustle. This platform allows you to connect with potential clients, educate viewers on complex financial concepts, and even funnel students into your courses.

Monetization on YouTube comes from various sources, including ad revenue, sponsored videos, affiliate marketing, and selling your own products or courses. Initially, earnings might be modest, but as your channel grows, it’s possible to earn thousands of dollars per month.

The first step is to identify your channel’s focus, whether it’s personal finance, investment strategies, or financial planning. Creating engaging and informative content consistently is key. Using tools like Synthesia.io for creating faceless videos can help you get started without the need for high-end video equipment. Starting a financial YouTube channel not only helps in building your brand but also provides a significant earning potential through diverse revenue streams.

Start a Finance Podcast

Starting a finance podcast is a great side hustle for finance professionals who excel in verbal communication and wish to discuss trends, offer advice, and educate listeners. Podcasts can monetize through affiliate marketing, sponsorships, advertisements, and selling products or courses related to finance.

Depending on your audience size and engagement, podcasters can start earning from a few hundred to thousands of dollars per episode over time. To begin, define your podcast’s niche, ensuring it appeals to a specific audience interested in finance topics.

Utilize platforms like Streamyard for easy podcast recording and distribution. Engaging with your audience through social media and email newsletters can help grow your listener base.

Final Thoughts

There are tons of side hustles for finance professionals. From high-end freelancing to building and monetizing an audience, the sky is the limit. While it is harder to stand out and grow in the finance space, it’s one of the most lucrative industries to side hustle in.