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As we move into 2024, many Americans are already planning their financial strategies, with a significant number looking to augment their income through side hustles. A recent survey by Bankrate highlights that 16% of U.S. adults are considering picking up an additional source of income. If you’re among those contemplating a side hustle, aligning your interests or skills with in-demand opportunities could prove lucrative. Here’s a look at four side hustles that experts predict will be highly sought after in 2024.

1. House Helper

The shift back to office work has created a demand for personal assistance services, such as house management, personal shopping, and even doing laundry. Angelique Rewers, CEO of BoldHaus, notes that the convenience people enjoyed during remote work periods is now harder to maintain, leading to an increased need for house helpers. This role encompasses a variety of tasks, from lawn mowing to car washing, and can typically earn you $15 to $30 per hour. Platforms like Nextdoor, Facebook community groups, Poplin, and Hampr offer avenues to market these services.

2. AI Specialist

The surge in interest for AI skills, particularly following the release of tools like ChatGPT, has opened up lucrative opportunities for those proficient in AI technologies. Searches for AI consultants on Fiverr, for example, saw a staggering increase of over 650% in just the first half of 2023. Specialists in this field can command rates ranging from $50 to $150 per hour, depending on their expertise and niche. Whether it’s designing book covers with AI tools or focusing on animated characters and email outreach, the key is to find a unique niche that sets you apart on platforms such as Fiverr and Upwork.

3. Tour Guide

The rebound in tourism presents a golden opportunity for locals with in-depth knowledge of their area. With tourism nearing pre-pandemic levels, the demand for unique and personalized tour experiences is on the rise. Whether it’s a craft beer tour in Denver or a crime tour of L.A., creating engaging and informative tours can be both fulfilling and profitable. Platforms like Viator and ToursByLocals facilitate these connections, though it’s important to account for any associated costs or platform fees when setting your prices.

4. Athletics Instructor for Seniors

The aging population is increasingly interested in staying active, leading to a demand for instructors in sports like pickleball, tennis, and golf. If you have expertise in any of these areas and enjoy teaching, this could be a rewarding side hustle. For instance, pickleball instructors are charging upwards of $141 for a one-hour lesson. Platforms like TeachMe.To can connect you with seniors eager to learn, but remember to price your services to account for any commission taken by the platform.

Conclusion

The side hustles listed above not only cater to a variety of interests and skills but also reflect broader societal shifts, such as the return to office work, the explosion in AI technology, the resurgence of travel, and the desire for healthy aging. Whether your strengths lie in personal assistance, technological expertise, local knowledge, or sports instruction, 2024 offers ample opportunities to leverage your passions into profitable side ventures.

Embarking on a side hustle not only supplements your income but also enriches your life with new experiences and connections.

As we navigate the year ahead, consider which of these in-demand side hustles aligns with your interests and skills, and take the first step towards turning your passions into profits.