Hond Financial

Part-time businesses

In today’s market, debt relief is sought by almost everyone. People looking for extra cash have tapped savings, slashed budgets, or even withdrawn from their 401(k)s. Consumer Caren Middleton of South Port, Louisiana said, “It’s not easy to manage. We’ve had to tap into all our available resources and still we’re just making ends meet.” Middleton isn’t the only one – a lot of people are struggling to make it through the recession, and managing a mortgage, bills, and/or credit cards is a hard dollar.

One way to help with the costs is to find part-time work. Some people are getting hip to the idea that a part time gig on the side are great additions. Depending on what type of work is chosen, they can pay for extras and still have quality time for family. These are a few part time jobs that can actually pay off.

Baker

Jim Lahey founded Sullivan Street Bakery in 1994. He was an avid baker for his family and friends and thought he’d take a shot at making it a career. His business earns about $ 6 million annually, and is a staple in the bread market for New York. He warned potential competitors just entering the market, however, that “Knowledge of cooking is much greater [now] than 20 years ago…the market is more competitive and if you want to develop a cottage industry, the product better exceed expectations.” Baking is becoming a favorite part time activity. Cupcakes, bread, and muffins are perishables that everyone buys at some point. Baking can afford consumers some additional cash coming in, and maybe a little debt relief.

Blogger

Blogging is big business these days. Most companies with an online presence have a blog site. Normally, blogs for larger companies aren’t self-penned by owners. They pay freelance writers to keep up with content, usually what’s going on in the industry or the company.

People can start their own blogs in interesting niche markets. For example, a blog on seafood restaurants in New England might pick up steam more quickly than a general blog on restaurants throughout the nation. Blogs are easy – a few hours a day to make updates and help build a following. Once customer base and a following is in place, they sell the ad space. It’s probably not going to replace a full-time income, but can bring in extra cash to put towards savings, bill payments, or debt relief.

Jewelry designer

Jewelry designers are a new trend in the market. People can make their own designs and sell them to people or retailers. Many community colleges offer the basic design classes and can show students how to put together various artistic styles of jewelry. The overhead is minimal, with normally only beads, wire, and a few tools are required. Time is the other investment needed to make a business successful. If someone has the time and creativity, the average jewelry maker, according to Labor Department data, makes approximately $ 30,000 annually.

Pet sitter

Avid dog lovers might want to develop pet-sitting businesses. People could also look into dog walking during the day time, or maybe offering grooming and training. Boarding animals overnight can be a great service for pet owners who frequently travel. Developing pet sitting into a lucrative part-time income is one of the easiest ways to start a business. According to data from Economic Census, average annual pet sitter sales are about $ 22,183.

Part-time work

There is an endless variety of part-time jobs that people can delve into. They should consider their strengths and passions and see what type of service of product matches their skills and interests. Making a little more or putting more money towards something like savings or debt relief gives industrious sorts an edge with financial planning.

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