THRIFTY FINDS
RE-SELLING books on Amazon could be a great side hustle to help you earn thousands per month.
Raikenprofit_official's TikTok is filled with advice on the ins and outs of buying and re-selling second-hand products for a profit on Amazon and he explained how it changed his life.
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His account, which has 250,000 followers, includes videos where he even has even showed his mom how to make the big bucks.
And in this video, he gives a brief overview of his process on how he now earns more than $30,000 per month.
How it works
"Learning how to sell on Amazon changed my life," he said.
Initially, he started small, finding items for sale in person and turning them around on the internet as fast as he could.
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"I started going to thrift stores scanning books and board games," raikenprofit_offical said.
But, he soon expanded his operation.
"Then I needed to be able to find more items so I started sourcing from ebay.com and selling them all on Amazon FBA."
FBA stands for Fulfillment By Amazon, which is the online retailer's third-party seller platform.
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And his side hustle has now evolved into a lucrative enterprise.
"I've done a little over $30,000 in the last 30 days with 30 percent margins.
Raikinprofit_offical said he enjoys teaching others how to get into this side hustle.
Most people have no idea how much money you can make doing this," he added.
To start this side hustle, keep in mind that you'll need an Amazon seller account.
It costs $39.99 per month in addition to selling fees.
Through the app, you can scan items.
This will help you find out how much they are worth and you can then create listings throughout the app.
More online side hustles
But there are many side hustles that you can do without even leaving your home
For example, an Amazon-related side gig allows you to make money by recording audiobooks for kindle e-books on your own time.
This earned influencer Diamond Chanel $100 per hour.
And a Netflix side hustle could pay you $45 per hour to watch TV shows and correctly tag them so they can be referred to the right viewer.
Whatever you pick as your side hustle, always remember to keep track of your income and report it at the end of the year.
After all, it's possible you can be in for a hefty surprise bill from the Internal Revenue Service.
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If you are more of an outdoor person, this driveway cleaning side hustle may be more your speed.
And check out our exclusive on a stay-at-home mom's 'homegrown' side hustle.