Don't Let a Lack of Funds Hold You Back: 20 Side Hustles to Help You Save for a Down Payment

By Richard Le on October 25th 2022

Disclaimer: I am not in any way advising you to do, buy, or follow any specific plan with your credit. You are responsible for doing your own research and figuring out what best works for you, your goals, and what you’d like to get out of credit. YOU are responsible for your results. I do not assume any responsibility or liability as a result of your interpretation of the information below. 

Buying a new home is an exciting time, but it can be hard to save up enough money for a down payment. That's where side hustles come in! A side hustle is a job you do on the side, in addition to your regular job. They can be a great way to earn extra money and save for a down payment on your new home. Here are 20 side hustles you can try:

  1. Sell your old stuff online. You can list items like clothes, toys, and electronics on websites like eBay or Facebook Marketplace to make some extra cash.

  2. Babysit for neighbors or friends. If you love kids and have some free time, babysitting can be a fun and easy way to earn extra money.

  3. Walk dogs. If you love animals, you can offer to walk dogs for people in your neighborhood.

  4. Do yard work. Offer to mow lawns, rake leaves, or do other yard work for people in your community.

  5. Deliver groceries or takeout. You can use apps like Instacart or Grubhub to deliver groceries or takeout to people in your area.

  6. Rent out your car. If you have a car that you're not using all the time, you can rent it out on websites like Turo.

  7. Sell handmade crafts or products. If you're creative, you can make things like jewelry, soap, or home decor and sell them online or at local markets.

  8. Do odd jobs. Offer to do tasks like cleaning, painting, or fixing things for people in your community.

  9. Teach a skill. If you're good at something like playing an instrument or speaking a foreign language, you can offer lessons to people in your area.

  10. Sell your photos. If you like taking pictures, you can sell your photos on websites like Shutterstock or iStock.

  11. Do freelance work. If you have a special skill like writing, design, or programming, you can offer your services to people who need them.

  12. Rent out your stuff. If you have things like sports equipment, tools, or party decorations that you're not using all the time, you can rent them out to people in your area.

  13. Sell your plants. If you have a green thumb, you can sell your plants or gardening produce at a farmer's market or online.

  14. Sell your skills on Fiverr. Fiverr is a website where you can sell your skills, like writing, design, or video editing, to people all over the world.

  15. Do paid surveys. There are websites that will pay you to take online surveys or give your opinion on products.

  16. Sell your homemade food. If you love to cook or bake, you can sell your homemade goodies at local markets or online.

  17. Rent out your space. If you have a spare room or parking spot, you can rent it out on websites like Airbnb or JustPark.

  18. Sell your art. If you're an artist, you can sell your paintings, drawings, or other art online or at local galleries.

  19. Sell your skills on TaskRabbit. TaskRabbit is a website where you can offer your skills, like cleaning, moving, or handyman work, to people in your area.

  20. Rent out your bike. If you have a bike that you're not using all the time, you can rent it out on websites like Spinlister.

By doing a side hustle, you can earn extra money to help you save for a down payment on your new home. Good luck!

Richard Le

Are you ready to finally make your dream of homeownership a reality? With over a decade of experience, Richard Le is the expert you need to guide you through the credit and mortgage process. Don't waste any more time, book a call with him today and start your journey towards your dream home and successful real estate investments!

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