$60k extra: Aussies cashing in with side hustles
Whether you’re thinking of turning your passion into a side hustle or taking up a second job as the cost of living bites, these Aussies could offer some helpful ideas.
Research from the Australian Bureau of Statistics (ABS) found a record 850,000 Aussies were being forced to take on second and even third jobs.
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According to a survey by freelancing website Fiverr, as many as one-third of Australians have considered a second job in response to the soaring cost of living.
A study by Simply Business found 55 per cent of side hustles were set up during the pandemic, while 70 per cent of small businesses said the cost of living was their greatest challenge this year.
To get you inspired, here are five Aussies who started their own business.
Gina Lentinello - Jewellery making
Now a new home owner, Gina Lentinello started a unique second business making permanent jewellery.
The necklaces, bracelets and anklets are welded together to be worn for life.
Having become a social media sensation, Lentinello’s The Lovers page racked up more than 95 million views on TikTok.
The money from her second job helped her buy her first home and she’s now trying for a baby.
Jessica Dennis - Boat renting
Mum Jessica Dennis started up a side hustle renting out her second-hand Formosa Bowrider boat.
After her expenses started to spiral, Dennis started renting the boat out by the day through Book My Boat – like an Airbnb for boats – rather than having to sell it.
She is now on track to make around $60,000 a year.
Bella Burgio - Wardrobe renting
By day, Bella Burgio is an accountant but on the side she rents out her wardrobe to help pay her bills.
The 32-year-old supplements her income with renting out her dresses, making around $10,000 a year via peer-to-peer dress-hire platform The Volte.
Zack McNab - Garage renting
Zack McNab is only 18 years old but brings in around $300 a month renting out his garage on peer-to-peer storage apps Spacer and Parkhound in order to cover the rising cost of living.
The money he makes helps cover the rent on his Collaroy home.
Scott Sullivan - Boat and caravan renting
Scott Sullivan rents out his boat on Book My Boat and four caravans (soon to be five) through Camplify.
He brings in around $6,000 a month.
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