Unlock a $700 Daily Income with This Simple Typing Side Hustle and One Essential Tip
How to Earn $700 a Day with a Simple Typing Side Hustle
Source: The Sun
A Lucrative Opportunity
Discover a straightforward way to make an extra $700 per day without requiring expert skills. This flexible gig primarily depends on how much time you can dedicate.
What You Need
- A laptop or computer
- A desire to leverage online freelance opportunities
Details on the Gig
The side hustle has been endorsed by entrepreneur Ashe (@sidehustleashe) through a viral TikTok video. Ashe describes the task as 'stupid easy' and suggests starting at Rev.com for transcription and annotation services.
How Much Can You Earn?
- Payments from Rev reach up to $12 per minute or per word.
- To maximize earnings, consider working eight hours a day for a potential monthly income of around $14,000.
Smart Tricks to Enhance Earnings
Ashe suggests a technique using Microsoft Word's dictate feature to streamline the typing process, effectively reducing typing time and increasing productivity.
Understanding Income and Tax Implications
Keep in mind any extra income earned may need to be reported to the IRS, especially if your earnings exceed $600 annually. It’s vital to keep track of gross payouts and potential tax obligations.
Explore More Side Hustle Opportunities
If typing isn't your forte, additional side hustles include:
- Writing LinkedIn posts for executives (earning up to $3,000 monthly)
- Freelancing projects utilizing AI tools for up to $192 per hour
In summary, this typing side hustle offers a promising way to supplement your income with flexible hours and the potential for significant earnings.
