Yahoo Finance Airtasker’s calculator reveals how much your side hustle is worth
With the rise in cost of living putting financial pressure on households, new research has revealed that more Aussies are monetising their skills to get their side hustle up and running.
The research from Airtasker found that, on average, Aussies were earning $250 a week on Airtasker with some of the highest-earning services being translation and transcription ($627), interior design consulting ($550), and mentoring ($365).
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And now Airtasker has launched a Side Hustle Calculator that provides estimated earnings across a myriad of different industries so you can figure out just what your skills are worth.
Successful hustlers
Starting a side hustle can be difficult.
Major life milestones are a key motivating factor for many Australians, with one in 10 (11 per cent) kickstarting a side-hustle after a relationship breakdown.
Increasing income (56 per cent), pursuing a passion (32 per cent) and looking for a career change (24 per cent) are also all identified as catalysts to explore new ways of earning money, according to Airtasker research.
“I know first hand how daunting it can be to start a side hustle, and also to commit to it full-time, which is why we’re always looking for ways to support our ‘Taskers’ to better understand the profit potential of their pursuits,” Airtasker CEO Tim Fung said.
Nikki Facchin is one Aussie who decided to take the plunge.
Facchin was living on just $46 a week after her bills were paid because she was the sole carer for her elderly father.
Facchin joined Airtasker and put her organisational skills to use decluttering people’s homes. She is now making more than $1,000 a week.
Another Aussie putting her skills to work is Julie Guirgis, a carer by day and professional face painter and balloon decorator by night.
Her side hustle painting kids’ faces makes her anything from $200 a month to $200 a party.
She also makes balloon garlands for baby showers, weddings and parties.
“My love of art and kids is the perfect combination,” Guirgis said.
“l am very creative and practical and know what is aesthetically pleasing.
“I’ve had a lot of experience face painting children and adults doing corporate events, birthday parties, religious celebrations, Christmas and Halloween parties, markets, school fetes and private bookings.”
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