5 side hustle ideas that pay £1,000 per month | The Motley Fool UK – Motley Fool UK

More people are now running a side hustle than ever. Are you looking to join the bandwagon? Alice Guy looks at five side hustles that pay £1,000 per month.
The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.
Image source: Getty Images
Wouldn’t it be great to live the dream and find a great side hustle you love that can bag you some serious earnings? No one wants to spend hours and hours on a side hustle just to earn a few extra.
Here I take a look at five side hustles that can pay £1,000 per month. All you need to decide is which of them is most worth your time and effort.
If you have your own car and some free time, then Amazon Flex could be a fantastic side hustle for you.
It’s deliberately set up to be a great side hustle as you can do as many hours as you like up to a maximum of 24 hours per week. You can earn £13-£15 per hour delivering parcels for the internet giant. 
To get involved, you need to sign up on the Amazon Flex app and undergo a background check. You then sign up to available delivery blocks in your area.
Because there’s an hours cap of 24 hours from Monday to Sunday, this means the maximum you can make is £1,440 per month. However, it’s possible that Amazon won’t have enough blocks to offer you this maximum. You might get more work at busy times like Christmas. 
You’ll need to think about the extra costs of petrol and wear and tear on your car. Plus you may need to pay extra on your car insurance.
Parents are always looking for tutors to help their kids succeed in their exams. And if you’ve got subject expertise, then you could start a side hustle as a tutor. Tutors can earn £15-£45 per hour depending on their experience. A tutor charging £35 per hour and working 10 hours per week could earn £1,575 per month.
There are several online tutoring agencies or you can build up clients through personal recommendations.
If you have a way with words, you could earn money writing content for websites. It’s a flexible side hustle you can do from home and build up over time. Many writers start on sites like Upwork or by writing their own blogs to build up a portfolio. You need to be persistent to build up your client base and be prepared to work to tight deadlines.
Freelance writers can earn around £10-£40 per hour depending on their experience. If you work for 10 hours a week and you earn £30 per hour, you could earn £1,350 per month.
If you love animals and early mornings, then dog walking could be a great side hustle. Just a one-hour dog walk per day could earn you some serious cash.
Dog walkers often walk up to six dogs at a time and can earn £12 per dog walk and £7 extra for each additional dog. So, if you walk six dogs each morning, you could earn around £47 per day or around £1,034 per month.
Starting a podcast can be a great side hustle. From fishing and gardening to vintage clothes, there’s a podcast for everyone! If you have an unusual interest or skill, then why not share it with the listening public?
Podcasters can earn advertising revenue once they’ve gained enough listeners. The top podcasters reportedly earn around £40,000 per episode. But even smaller podcasts can earn some serious cash with the average podcaster earning around £954 per month.

Should you invest the value of your investment may rise or fall and your Capital is at Risk. Before investing your individual circumstances should be considered, so you should consider taking independent financial advice.
| Jo Groves (ACA)
Which model ISA portfolios offer both high performance and low fees? Hargreaves Lansdown, Interactive Investor and AJ Bell go under…
Read more »
| Jo Groves (ACA)
Investors may well be sitting on losses from emerging markets funds. Is it worth keeping the faith for a sustained…
Read more »
| Jo Groves (ACA)
Share trading has been difficult in 2022, but which companies have turnaround potential? Jo Groves takes a closer look at…
Read more »
| Karl Talbot
New research reveals that Gen Z may be the most astute when it comes to credit cards. But why? And…
Read more »
| Jo Groves (ACA)
The best-performing sectors over the past year invested in real assets such as infrastructure, but is this trend set to…
Read more »
| Karl Talbot
A major global bank has suggested the risk of a recession in the UK is ‘on the rise’. So, should…
Read more »
| Karl Talbot
New research shows one in four investors have cut back on their investing contributions to cope with the rising cost…
Read more »
| Sean LaPointe
As the new tax year kicks off, here’s a look at some of the most popular stocks among UK investors…
Read more »
View All
Should you invest the value of your investment may rise or fall and your Capital is at Risk. Before investing your individual circumstances should be considered, so you should consider taking independent financial advice.
To make the world Smarter, Happier, And Richer
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services.
Read more about us >

We have taken reasonable steps to ensure that any information provided by The Motley Fool Ltd, is accurate at the time of publishing. Any opinions expressed are the opinions of the authors only. The content provided has not taken into account the particular circumstances of any specific individual or group of individuals and does not constitute personal advice or a personal recommendation. No content should be relied upon as constituting personal advice or a personal recommendation, when making your decisions. If you require any personal advice or recommendations, please speak to an independent qualified financial adviser. No liability is accepted by the author, The Motley Fool Ltd or Richdale Brokers and Financial Services Ltd for any loss or detriment experienced by any individual from any decision, whether consequent to, or in any way related to the content provided by The Motley Fool Ltd; the provision of which is an unregulated activity.
The value of stocks, shares and any dividend income may fall as well as rise and is not guaranteed, so you may get back less than you invested. You should not invest any money you cannot afford to lose, and you should not rely on any dividend income to meet your living expenses. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes and different accounting and reporting standards. They may have other tax implications, and may not provide the same, or any, regulatory protection. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock price rises in the currency of origin. Any performance statistics that do not adjust for exchange rate changes are likely to result in an inaccurate portrayal of real returns for sterling-based investors.
Fool and The Motley Fool are trading names of The Motley Fool Ltd. The Motley Fool Ltd is an appointed representative of Richdale Brokers & Financial Services Ltd who are authorised and regulated by the Financial Conduct Authority (FRN: 422737). In this capacity we are permitted to act as a credit-broker, not a lender, for consumer credit products. We may also publish information, opinion and commentary about consumer credit products, loans, mortgages, insurance, savings and investment products and services, including those of our affiliate partners. We do not provide personal advice and we will not arrange any products on your behalf. Should you require personal advice, you should speak to an independent, qualified financial adviser.
The Motley Fool Ltd. Registered Office: 5 New Street Square, London EC4A 3TW. | Registered in England & Wales. Company No: 3736872. VAT Number: 188035783.
© 1998 – 2022 The Motley Fool. All rights reserved. The Motley Fool, Fool, and the Fool logo are registered trademarks of The Motley Fool Holdings Inc.


Leave a Comment