Your mortgage is one of the substantial monthly payments you’ll have to make so long as you haven’t cleared it. That also means it will likely make a significant dent in your income each time you service it.  

Many people have been here, and like you, they’ve found themselves wondering if they could increase their income through some lucrative side hustles. Now, a side hustle needs to do at least two things. First, it needs to be able to earn you a significant amount of money. Second, it must not be time and energy-consuming. After all, you still have your main and stabler job!  

The list below will give you ideas that you could implement if you’re looking to pay off your mortgage:  

1. 1. Participate In Paid Surveys

One of the best and simple ways of adding to your income towards your mortgage is to participate in paid surveys online. It is a side hustle you can bank on always being there because businesses are dependent on data. They need data to understand the demographics they serve so that they can create high-performing products and services. It is what you’ll be helping them gather by answering their strategic questions through paid surveys. It’s a win-win situation.   

How To Get Started

Identify the best survey sites for money online, and be on the lookout for the legit ones because not all of them are! Some offer highly interactive surveys that can be conducted on video or voice calls, while others give out forms. The prices tend to vary depending on the level of interactivity and other factors. It will also help if you:     

• Sign up on as many platforms as possible to keep the income coming. 
• Give high-quality details and be truthful; not doing so could result in getting blacklisted.  

2. Start A Subscription Box Service

Another great idea for someone looking to have consistent cash flow is to start a subscription box business. It is a great business idea to pay something as huge as a mortgage monthly. Because once you have your clients, they will continue to pay you regularly whenever you send them their subscriptions.  

In this business, you send a box of products with a specific theme to a customer on a regular, pre-agreed interval. 

Think book boxes, food boxes (or a mixture of foods and drinks), craft boxes, etc.  

How To Get Started

Focus on creating an email list because this will be your business’s holy grail. To do this, consider setting up a landing page where you can direct each ad you run to. If anyone goes to this site, make sure you have a form set up to collect their name, email address, and any other information you might need to help your future communications.  

3. Run A Drop Shipping Business

With a drop shipping business, you have the advantage of not needing a significant start-up fee. And if you set your systems well with automation, you might not even need a huge time investment after you finish the initial setup as well.  

Your client will order a product through your site, and your supplier will fulfill that order for you. Your job in this equation is to play the middleman. You’re essentially finding clients for the manufacturer and taking your markup of the price.  

How To Get Started

This side hustle can easily turn into a full-time business and help you pay a huge chunk of your mortgage and avoid thousands of interests if you structure it well. To do that, look at other drop shipping companies and study their systems. Get ideas on products you could sell, how to create your own website without needing to learn code, and how to set up online order forms and invoices that customers will definitely want to see once they are looking to buy from you or have already done so.     

1. 4. Create A Blog

Do you have the time but barely the money to invest in a side hustle? Then blog writing might be the best route for you. You have to pick a subject you love talking about, and you can have tons of topics to tackle. Once you’re up and running, adding affiliate links to your posts could get you paid. As you continue to grow, this is when big money might start coming in. One of the best ways to make money with a relatively established blog site is to post sponsored content. It is where a business that wants to speak to the same target audience as your site pays you to include information about their products in your posts.  

How To Get Started

While you might need to do the writing yourself at the beginning, it doesn’t need to stay this way. You can outsource the heavy job to freelancers and still earn significant income from this side hustle. To begin, you’ll need to identify a reliable platform to host your blog and clarify who your target audience is and your thematic focus. Once you’ve created your site, you’re ready to write and earn!    

Conclusion 

And there you have it! Four side hustles you can do at home after your morning job. Hopefully, these ideas have kick-started your creative juices and inspired you to look into more side hustles that can pay off your mortgage.