I make $50 an hour with my ‘life coaching’ side hustle – it’s easy to start and all you need is your phone

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A SIDE hustle expert has revealed the easy gig that you can start with just your phone.

Those who take on the “life coaching” part-time position can even set their hours and payment rates.

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A life coaching side hustle using just your phone could bring in $50 per hour[/caption]

TikTok/growwithanne_

Finance influencer Anne (pictured) recommended those interested set their own rates[/caption]

Anne (@growwithanne_), a finance TikToker, said she charges about $50 per hour for her services, per a recent video.

She explained to viewers the side hustle requires that you text a “lonely person” for an extended period.

“You give overall advice on relationships, emotional support, life coaching, and so much more,” Anne wrote.

It also has “unlimited potential,” according to the TikToker.

Given that those who perform it can set their hours and rates, you could effectively make over $500 per day, depending on time constraints.

Anne showed that she’d made around 300,000 NGN (Nigerian Naira) in about one week, or around $181.

The “life coaching” side hustle is made possible through Fiverr, a company that offers freelance services.

Anne referred to it as “Fiverr Friends,” but there is no such platform.

ADVERTISE YOURSELF

However, Fiverr does offer a section of freelancers who specialize in friendship services, per its website.

For those interested, folks can join Fiverr and describe the services you can offer, including specialized life coaching, relationship advice, etc.

It’s best to include some pictures of yourself and a description of what it is exactly you can offer those who’d pay for services, your experience, and other details.

There are many other people already offering similar advice as Anne, with rates as low as $5 and as high as $300.

A median range is around $25 per hour, according to the Fiverr website.

Those looking for side hustles with the potential for more money or a more hands-on approach have several other options.

Side hustles and tax implications

Extra income you make from side hustles may need to be reported to the IRS.

If you receive more than $600 in gross payouts from a selling platform like eBay, the site will issue you a Form 1099-K to use in your tax return.

Individuals should calculate their adjusted gross income, taxable earnings, and deductions for the year.

Once they have that, they can use the 1040-ES form to calculate estimated taxes.

WRITER’S WAY

Using just a laptop, you could make around $192 an hour with a “stupid easy” writing side hustle.

All you need to do to start is head to Textbroker.com and register for a free account, according to a post from finance influencer Brittany (@makemoneywithbrit2).

From there you can pick up jobs writing 12,000 words at a time.

While that word count might seem intimidating, Brittany recommended using ChatGPT to get around it.

After generating AI text, she advised users to take it and make it more of their own using Grammarly before submitting it for quick payment.

Dog lovers could also make around $1,200 a month with a unique puppy side hustle.

A little paint and some hardware supplies could also be the first step in making $40 per hour with a simple neighborhood side hustle.