Part-Time Teacher (Online or On-Site)
Side Hustle | Ease of Entry | Earning Potential | Flexibility | Average Hourly Rate |
---|---|---|---|---|
Part Time Teacher | Medium | High | Low-Medium | $30-$50 |
Many accountants who work full time are always helping out other learners think critically, and help raise the next generation of accounting specialists. From many accountants on reddit, and my friend who took on accounting as their career, teaching part time at a community college has been the best option.
To become a teacher in your skills, you will need to first have a license to teach. Also proof of knowledge in your profession is always a plus. Since you will be teaching these skills, knowing how to communicate technical subjects clearly is vital.
Usually, you can find these types of jobs online quickly, but they may not pay as well as your local community college or local school. However, on average you can expect to earn an extra $1,000 a month or so.
Keep in mind that most part time teacher spend around 25 hours a month or sometimes a bit more, however its overall extremely flexible, spending overall around 5-10 hours a week.
Take on Online Bookkeeping Gigs
Side Hustle | Ease of Entry | Earning Potential | Flexibility | Average Hourly Rate |
---|---|---|---|---|
Online Bookkeeping | Easy | Low-Medium | High | $20-$25 |
Bookkeeping is one of many talents for an accountant. It requires a lot of organization, legal knowledge, and technical organization that abides to legal standards for a business.
To make bookkeeping a sufficient online side gig that pays well, you will need to find one or two part time gigs on sites like Upwork. Here you will find it much more liberating and flexible to work on your own terms.
Online bookkeeping can pay on average $20 an hour. However you will typically only need to do around 5 hours of work per week if you go the freelancer route.
Alternatively if you are okay losing some of your freetime (10-15 hours weekly), try to apply for part time bookkeeping jobs outside of your full time. You can find these gigs usually on apps like Indeed or Linkedin.
Tax Preperation Specialist
Side Hustle | Easy of Entry | Earning Potential | Flexibility | Average Hourly Rate |
---|---|---|---|---|
Tax Prepper | Medium | High | High | $40-$60 |
Accountants are wizards when it comes to understanding taxes and knowing how to manage them. Every year, sites like TurboTax request for part-time Tax Consulatants right before taxes are due. Usually this is great pay, up to $60 an hour. The best part? Its only for a few months, and you just made huge bank.
If you dont want to get hired through an official third party site like TurboTax, H&R Block, or ExpatFile, you could alternatively try out freelance platforms. Usually, you will receive a lot of requests for tax assistance, getting paid similarly to other sites.
I really liked using Freecash to find out my favorite tax site, as I could test out products and answer surveys based on tax or even accountant related questions.
Financial Advisor Assistant
Side Hustle | Ease of Entry | Earning Potential | Flexibility | Average Hourly Rate |
---|---|---|---|---|
Financial Assistant | Hard | High | Low | $40-$60 |
I used to work with Financial Advisors, and they were always looking for part time assistants whether online or for on-site work. An accountant background is one of the most in demand backgrounds for this role, which makes it an easy application.
One thing to note, though, is that Advisors typically work during average 9-5 hours. So if you have a full time already, this might be a hard one to get into. However it could be much easier to find roles like this as a freelancer.
Most assistance get paid very well, from $40 to $60 an hour. If you can find higher paid offers, Finiancial Advisors typiclaly offer good bonuses as a sign you are doing your job well (good bonuses too, sometimes $100 a week or more).
A few good places to look would be Wells Fargo Advisors, Morgan Stanley, or even Chase Bank Advisors.