Best side hustles to bring home more money in 2024

In today's inflation-driven, expensive world, many Australians are finding that their primary income may not be enough to cover all their bills, let alone have a little spare coin for the fun things in life. That's where a side hustle could step in to make the everyday a little easier and the fun things attainable.

Side hustles offer a fantastic opportunity to earn extra cash, build financial security, and achieve your dreams faster. Whether you're looking to pay off debt, save for a major purchase, or simply increase your monthly cash flow, having a side hustle can make a significant difference. But it is best to find one that aligns with your interests, skills, and availability to make the most of your extra time. 

So before you throw in the hat, cancel all your subscriptions and wear the same dress to every event, let's explore some of the best side hustles to help you stash away that extra cash and secure a better financial future for 2024.

  1. Freelance services:
    Utilise your skills and expertise by offering freelance services in areas such as writing, graphic design, web development, or social media management. 
  2. Sell online:
    Tap into the vast online marketplace by starting your own e-commerce business. Consider selling niche products on platforms like Etsy or creating your own e-commerce website. 
  3. Pet services:
    If you love animals, consider offering services as a dog walker or pet sitter. Many pet owners are willing to pay for reliable and trustworthy individuals to care for their pets while they're away or at work.
  4. Teaching/tutoring:
    Share your knowledge and skills by offering tutoring services or teaching classes in subjects you excel in. Online platforms make it easy to connect with students in need of academic support, and all from the comfort of your own home.
  5. Delivery services:
    With the rise of on-demand delivery apps, becoming a driver for companies like UberEats or DoorDash can provide a flexible source of income. Choose your own hours and deliver food or groceries to customers' doorsteps.
  6. Blogging/Vlogging:
    If you enjoy writing or creating video content, consider starting a blog or YouTube channel. By monetising your content through ads, sponsorships, or affiliate marketing, you can generate income while sharing your passions and expertise.

Get ready to embark on an exciting journey to boost your income and make 2024 a year of financial growth by adding a side hustle to your life.

To compare savings accounts - last updated 25 February 2024

Search promoted savings accounts below or do a full Mozo database search. Advertiser disclosure
  • Reward Saver Account

    5.25% p.a. (for $0 to $1,000,000)

    0% p.a.(for $0 and over)

    Yes up to $250,000

    Intro bonus rate of 5.25% for balances up to $1,000,000 for the first 4 months, reverting to 3.25%. Minimum deposit of $50 and no withdrawals.

    Introductory bonus rate for balances up to $1,000,000 for the first 4 months. Minimum deposit of $50 and no withdrawals. Start your account online in under 10 minutes and earn interest on balances up to $1,000,000 (T&Cs apply). No monthly account fees, helping you save smarter and faster.

  • Mozo Expert Choice Badge
    High Interest Savings Account

    5.75% p.a. (for $0 to $250,001)

    4.40% p.a.(for $0 to $250,001)

    Yes up to $250,000

    Bonus rate for the first 4 months from account opening

    Reward yourself with a higher rate for your good savings habits with the Rabobank High Interest Savings Account . Receive the maximum rate when you grow your balance by at least $200 each month. No Account keeping fees. No minimum balance.

  • Hero Saver

    4.60% p.a. (for $0 to $250,001)

    1.00% p.a.(for $0 to $5,000,001)

    Yes up to $250,000

    Minimum deposit of $200 and no withdrawals in the month.

    Earn a generous variable rate on balances up to $250,001 each month you deposit at least $200 (excluding interest) on or before the last business day each month and make no withdrawals during the month. $0 account maintenance fees. Create a goal, set up regular deposits and track your progress on the Bankwest app.

  • Mozo Expert Choice Badge
    Savings Account

    5.50% p.a. (for $0 to $250,000)

    4.75% p.a.(for $0 to $1,000,000)

    Yes up to $250,000

    Bonus variable rate is available for the first four months.

    Competitive introductory variable rate for first 4 months (on deposits up to $250,000). No account keeping fees to pay. Multiple 2023 Mozo Experts Choice Award winner.

  • Reward Saver

    5.25% p.a. (for $0 to $100,000)

    0.30% p.a.(for $0 and over)

    Yes up to $250,000

    Earn a high interest bonus rate if you hold an eligible transaction account and meet the bonus rate conditions (T&Cs apply). Only requires $1 to open. Free e-banking transactions. No monthly service fees to pay. Access your account via e-banking or the Bendigo Bank app. Not applicable to business customers.