How to make extra $500/mth: 5 Side Hustle ideas I tried & how they worked in reality.

Side hustles to make extra $500/mth: do they work?
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Sharing my own personal experiences with trying to make side income with 5 different side hustle ideas & how they worked out for me in terms of 1. how easy it was to start, 2. can one make $500/mth with it & 3. how hard it was to keep that $500/mth coming.
0:00 - Intro
0:44 - Criteria & Rating
1:20 - No. 1
5:17 - No. 2
11:28 - No. 3
14:38 - No. 4
16:27 - No. 5
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📹 Videography & Editing ► Vitaly Voronkov & Jean Voronkova
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**Disclaimer: This video is sponsored by Moomoo SG. All views expressed in the video are my independent opinions. The information in this video is purely for informational purposes and should not be relied upon as financial advice. This advertisement has not been reviewed by the Monetary Authority of Singapore. The indicative 7-day annualized yield is derived from the past performance of money market funds on moomoo Cash Plus and should not be viewed as an indicator of future results. The data is accurate as of 24th August 2022 and is derived from the past performance of the money market fund on moomoo Cash Plus and should not be viewed as an indicator of future results. Some of the links provided above are affiliate links meaning I do make a small commission when you purchase using the link. This does not cost you extra. You can also purchase from the brand’s websites so don’t feel obliged to use my link if you don’t want to.
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#sidehustle #sideincome #personalfinance

[@JeanVoronkova]

What side hustles have you tried? 😁 PS: to get S$60 cashback from $100 ► j.moomoo.com/00mFgh

[@edfast5893]

I really enjoy your videos. You come across as so energetic and honest. The video quality, framing and editing is very superior. (Vitaly has improved so much. ). I have been watching a lot of videos on Costa Rica to get ready for my trip, I over research and plan heavily. So I can enjoy my adventures to the max. You guys are very entrepreneurial. You recently did some interesting interviews of people living in Bali and people running business. So a long story short, I saw a KZbinr in Costa Rica who makes videos for hotels and brings models to help with advertising videos. I know there are a lot of hotels and travel tour operators in Bali that can use a helping hand. I also know there are a lot of people like me. Who are frugal and want to maximise a short stay on a holiday. Also some of the Costa Rican KZbinrs affiliate themselves with the businesses. (Such as car rentals). I guess what I’m trying to elude to, is that people who are planning to travel to Bali on an adventure would love to see places and hear the stories of the people who run the hotels, restaurants and tours. I still vividly remember my mountain biking tour down the volcano into villages and meeting the families and rice farmers. Just an idea for you, to do what you love and help others.

[@JeanVoronkova]

@@edfast5893 hey Ed! thanks for this kind and very sincere note I really appreciate it. I tried my best to keep this video realistic and based off stuff i have actually done myself so i know its achievable (or scammy, in the case of the surverys lol) - but i'm so glad u like the interview episode. We do wanna do more - i have plans for a few more eps coming along in the next weeks. thanks for the ideas, i am thinking the same as you. Super interested in the stories of people who live and started businesses here n how they did it, cos once upon a time we did the same in Vietnam and its such fond memories to think back now. Costa Rica is a bucket list destination for me! altho in truth, with our retirement funds i'm not sure we'll ever make it across cos it seems pricey compared to asia :) ah well, no complaints about the surf here in Bali haha! Enjoy your upcoming hols to the max eh

[@billlee6]

What side hustle can a non-language teacher do from Bali? I teach in international schools abroad, but plan to do it online if possible.

[@gleecha]

Hi Jean, I stumbled in one of your vlogs and since then I have been binge watching. Your voice is soothing and inspiring. I am in my mid 50s and started doing things I was missing while doing my struggling working years. As you said never too late to start new hobbies and experience. Thank you for igniting my interest and motivating me to just start. Thank you for your content vlogs.

[@JeanVoronkova]

Hi there IM Gar, thank you for leaving me such a kind note of encouragement. This topic of how some people work for most of their lives and know nothing but work has been on my mind a lot lately. I know it’s a little iffy to start on this journey of self discovery and learning to enjoy your free time productively but know that it’s gonna make you so happy once you get in the swing of things. Everyone should be doing this. It makes a huge difference to how we live life. Good luck u!

[@AlfordLau]

Thanks for sharing your experience and assessment on these side businesses. My wife & I started investing in real estate as side hustle 20+ years ago. Our main focus was positive income on each property, we did flips (re-sale) only if the market was fast enough (in Alberta & Saskatchewan, Canada, this has not been a frequent occurrence during the time span). We have been traditional, relying on the model of "buy, improve and rent out". In the first 10 years, net income per property per month was like $100 - $200, but the main money contributor during this period of time was the loan principal pay down ($500+ per property per month, PPPM), which led to a total monetary contribution of $700+ PPPM. Whenever there was a rapid value rising market, we would select our lower income generating property(ies) and sold them for profit and then immediately bought some with higher income potentials. We have experimented with owning single houses, apartment units (condos), entire apartment buildings, retail spaces, residential land and an institutional building. All these were happening while my wife & I were earning modest income in our jobs. Lending policies were more lenient back in time, making it easier when we first started. As time went on, our portfolio of ownership grew and so did our real estate related liability. Banks started to see more us more as contingent liabilities. Luckily, we were able to convince secondary tier financial institutions to finance us based on simple ownership structure, squeaky clean credit history and networth. Somewhere in our second decade of RE investment, we shifted from portfolio growth in quantity to rapid loan pay down/off on what we owned. And this shift improved the quality of our lives a lot. From that time onward, we were not under the pressure of cash deficiency constantly. We are planning to move back to Asia and would love to experiment with side hustles as suggested by you and with creative real estate hustles. All the best Jean.

[@svetla1star]

Hi Jean. I love your energy in your videos. So calm and joyful and such valuable content and you’re so pretty!

[@JeanVoronkova]

Thank you so much Sveta!

[@GrowWithWill]

Content creation is a good idea if you're looking for a long term side gig. Although it might take more effort than other side hustles, it'll definitely pay off when you start to build up an audience. Thanks for this!

[@JeanVoronkova]

Yes totally agree. One must take the long view when deciding to go down this path

[@annalohrealtor]

I love all your ideas! ❤

[@1love847]

I feel so good just watching your videos. ........thank you.

[@markchan6923]

Hi Jean. Thumbs up! I believe in multiple source of income too. Keep d vids coming. Thanks

[@flyingdinosaur8871]

Thank you Jean! another great video, Pleasure to watch. 🎉

[@JeanVoronkova]

thanks i love your nick! have this really cool mental image that's quite cute at the same time haha. Flying Dinosaurs!

[@driftingintoretirement]

Great video Jean

[@JeanVoronkova]

thanks! hope ur weekend was a blast!

[@AndrewTube]

i see a video from jean, i click!

[@JeanVoronkova]

Thanks Andrew, I really appreciate you leaving us these kind notes every Sat evening! 🌻🙏🤓

[@user-mu8ff1hl4z]

Thanks for the great ideas!

[@thecowegg]

Honest truth about the level of difficulty in starting a KZbin channel and reaching just $500 a month revenue. A lot of people jump into it and realised on a later stage it’s not as easy as it seems. It’s like us watching sushi master slicing all those fish 😂 Edited : what i meant was that this video is the hard facts that not much youtubers or digital nomads fully explains. 😉😊

[@JeanVoronkova]

Haha we just jumped too, naively, but luckily for us we managed to keep going at it till past the most difficult stage of the bell curve…. It’s never a wasted effort though. We still look back at our life documented in the videos and enjoy the memories 🤓

[@thecowegg]

@@JeanVoronkova very lucky but then again, if you love what you do then you’ll love every min of the process 👍😉

[@JeanVoronkova]

@@thecowegg yeah i still can't believe this is what i do in my free time here in Bali now.... u know actually i'm like the most un tech savvy person on the planet? n yet i'm like online having a "presence" and everything haa! without V i'll still be living in a corner writing in my little journals and not having a smart phone heehee

[@thecowegg]

@@JeanVoronkova I noticed your Gshock square 😉

[@superslowsteady7526]

Thank you Jean x

[@JeanVoronkova]

cheers hey, hope you got smtg outta this!

[@b.sridharraotruscel1993]

So honest and sincere dialogue

[@JeanVoronkova]

🤗

[@sukayahramli4343]

Hello Jean, I am also looking out for suitable side hustle since I have aome time! Great coverage! Thanks for the honest reviews!

[@JeanVoronkova]

Thanks Sukayah happy if the video was at least a bit useful to u! Hope those side hustles helped u as they did for me, esp the tutoring one!

[@davidward1729]

Very helpful. Thanks

[@JeanVoronkova]

Cheers David, glad u found some value in the vid!

[@yashduggal918]

Love your videos Jean.

[@JeanVoronkova]

Thank u Yash 🌻🤗

[@ronaldneehao9723]

Thank you very much jean for your content I really enjoy watching your channel 😅

[@JeanVoronkova]

Thank you Ronald, you've been droppin by this space very regularly i really appreciate the support :) hope u're having a good week in SG!

[@asharaju4169]

your speaking skills are just crystal clear.....Jean, I would be very thankful to you if you help me in advising on how actually to improve mine as good as yours...TIA.... Your videos are really motivating me....

[@goldfries]

First month getting few hundred is fantastic. Most people have problem reaching that 1000 subscribers and 4000 watch hours, I have friends who spent a lot and still haven't reach that 4000 watch hours. Others who first get monetized, they'll take a long while before getting a payment as they take time to reach payment threshold. Basically it depends on topic. One thing I like about your channel and see why you can earn, is that your sharing of your stay in Bali and all, it's really interesting and can be appreciated by many. 👏 And you're right about stability, I get A LOT more during the time of pandemic.

[@JeanVoronkova]

I didn’t know there was a payment threshold! Thanks for the kind note and encouragement 🤗😍

[@RanaYogaVibes]

Dear Jean, thanks for sharing your personel experience with all these details in such a sincere and cllear manner. I m taking down notes when watching your videos.🙏💙🙏

[@JeanVoronkova]

Hi Rana, thank you for this kind lil note. I really hope it helps, and also its all based off my own real life experiences so its not theoretical or anything haha. we all go thru periods where we'll need to hustle for a bit. That's just life. all success to u! xoxo

[@gordonsmith4576]

Just found your channel, Jean, and very interesting. If I may ask, do you own or rent your property? Wasn’t sure if a foreigner is allowed to own land in Bali? Thanks a lot.

[@mydiarycollectionsbyflorc.884]

Thanks Jean for this informative video❤️🥂

[@JeanVoronkova]

Thanks for this kind note! 🌻🙏

[@Travel_Vibes]

You are doing great.. keep it up girl

[@JeanVoronkova]

thank u Jason :) hope you're having a lovely week :)

[@hidayathafid7640]

thank you!

[@JeanVoronkova]

cheers mate!

[@josephchristopherledesma127]

I enjoyed watching your wonderful and inspiring video jean....🙋‍♂️♥️🙋‍♂️Keep it up🙋‍♂️♥️🙋‍♂️🙏😇Happy weekend and Stay blessed🙏😇😇🙏

[@josephchristopherledesma127]

🙋‍♂️🙋‍♂️💟Stay safe at all times💟🙋‍♂️🙋‍♂️

[@JeanVoronkova]

thank you Joseph, glad it brought a lil smtg to you! Happy week ahead to you! u too stay safe :)

[@lishaliza]

Thanks a lot! I’m trying all that you’ve mentioned except the last one. But still life in Singapore so expensive, especially with kids😁

[@JeanVoronkova]

thank u Liza for the vote of confidence! just dropped by your space you're in my home country! I do think its a very popular choice w russian speaking expats so there may be a good niche there to corner - all the best for that! Maybe you can try teaching Russian language private classes - tutoring has always been a very reliable side hustle for me :) i hope it works out good for u too. plus the Tube of course!

[@lishaliza]

@@JeanVoronkova Thank you for replying and checking my youtube channel, Jean! I'm a big fan of yours:) Yes, I've been teaching Russian for a while here in Singapore, I'm trying new thing right now

[@muralk3153]

Nice and informative video, thanks. Also Arubaito or Baito is actually a German word for part time work, adopted into the Japanese language.

[@JeanVoronkova]

Hi! Thanks for the note so interesting I didn’t know! German! Surprised I am 😅

[@muralk3153]

@@JeanVoronkova if you have lived in Indonesia for sometime you would also notice that there are words adopted from the Dutch language like handuk ( towel), asbak (ashtray), ember ( bucket), etc. Also I believe the Indonesian alphabets are pronounced similar to Dutch alphabets.

[@unsaltedbeurre3411]

Hello Jean & Vitaly! I've been traveling so haven't commented much but I've been watching every video:) I thought about starting a KZbin channel, bought a small camera and some gadgets, learned how to edit videos, shot videos, but I find that editing takes so much time. Coming up with content and shooting scenes I need also take so much time, and it's even harder without a camera person (and can't possibly ask my partner to take videos for me all the time coz it isn't his thing). I've posted a couple of videos, but at the end of the day after some soul searching, I have decided that I don't really feel comfortable with the idea of becoming a public person haha. I do like writing though so I'll probably start a website as a hobby and I'll just keep watching other dedicated and talented KZbinrs like you:)

[@JeanVoronkova]

heyo you! it's always nice to get your note! :) Where have u been travelling to? I understand what you're saying - it was the same for us at the beginning - painfully slow.... but i think we were lucky in the sense that we started in the midst of the pandemic where our biz had shut down, n we were in quarantine at home mostly... so a lot of time to watch skillshare, youtube tutorials etc n practice shooting and editing! was kinda how we passed the time... same for me when i went to Moscow .... i was basically a trailing spouse whilst V was doing renovations for our properties there... that's how i kept busy that period to keep feeling productive and on my toes yeah :) I am similar to you too. Till today, I still feel awkward knowing that quite a bit of our private life is online for the edification of the general public... but that is somewhat offset by the gratification of people reaching out to say that our sharing helped them in some way or another... that our sharing gave them inspiration.. or changed their lifes or thoughts in some respect. Life is always a give and take i guess! I am always and foremost more of a reader and writer than a visual person actually like you i guess. I think an engaging website is as great a thing as a KZbin channel. U can check out More to That, a site of writings by Lawrence Yeo. He's my latest craze!

[@unsaltedbeurre3411]

​@@JeanVoronkova Just in western Europe. I quit my job and started traveling haha, but I'm going home next week:). Thanks for recommending Lawrence Yeo's site. I had a quick look and I like it already! I think you're doing a great job sharing your life publicly in angles that really benefit people or at least resonate with many so keep up the good work! I've also noticed you have a good boundary too, like when you're spending time with family, you take time off posting, etc. which I guess can be hard to do for some established youtubers that are on a momentum to generate more subscribers as they feel the need to keep the engagement up (and sometimes some of them end up just posting for the sake of it so audience lose interest). Have a nice weekend in Bali!

[@jeylagika8194]

Very useful video, especially with the rankings! Thanks a lot for this. I've got a question: so far I've probably seen 1000 ads about " the best remote work / digital nomad job out there " being some sort of Affiliate marketing program. I'm kinda skeptic about it, what are your thoughts on this?

[@lankanmalay]

I love the insight into your start on youtube. I was curious though, and this may be more personal, but do you have a video or plans to release one talking about the different visas available for people who would like to live there on a more permanent basis.

[@JeanVoronkova]

hi Noor hehe thanks glad u liked the sharing. Actually there isn't much to the visa question so if u wanna come here for a more longer term basis the most 2 common ways people do that is to get a B211 visa (that's 6 months at a go, but for this period still, u can renew without leaving Bali, so it can potentially go on for a long time until the authorities change their mind...) or u can look at getting an investor Kitas (2 years). U can google these 2 for more info. Hope that helps!

[@lankanmalay]

@@JeanVoronkova thank you Jean :)

[@singaporedan7701]

Thank you for sharing. Very helpful indeed 👌

[@JeanVoronkova]

glad it brought a lil value to you! all the best w the hustling!

[@SLOlverStudio]

Hi Jean watch this with amazement, I'm always inspired with your content, very interesting and helpful, thanks for sharing 💝😊👍

[@JeanVoronkova]

tx sista! xoxo

[@dominiquetheodore3179]

You're a great speaker and this was really interesting too. I have freelanced for years and my takeaway is that easy to get a steady income from freelancing online. That's from my perspective as a developer, might be different for others. Freelancing in real life, looking for real customers has been much more rewarding. But even then, you have to put in the work to keep getting gigs. Conclusion: there is no easy way to earn those 500 bucks a month. Really appreciate that you kept it real in your video.

[@JeanVoronkova]

you're totally right and i did forget to mention that in the video - freelancing is basically running your own small business w u as the product, and growing the clientele and getting good feedback is immensely rewarding. Its a continuous hustle in that sense too yeah - gotta keep the customers coming in, but once there's some kinda base I found that things also took on their own flow for me... till today i still get emails and referrals for yoga n surf even though we've stopped teaching for eons. All the best in your developer freelancing Dom!

[@VicariousWalker]

Thanks for your sharing Jean :) May I make a suggestion? Putting timestamps in your video would be great :)

[@JeanVoronkova]

hi u! I actually did put time stamps in my video description but maybe i'm doing something wrongly cos i can see they didn't quite appear in the base of the description like YT timestamps... oops... hehe but here they are again: 0:44 - Criteria & Rating 1:20 - No. 1 5:17 - No. 2 11:28 - No. 3 14:38 - No. 4 16:27 - No. 5 hope it helps!

[@VicariousWalker]

@@JeanVoronkova hmm... interesting problem. how about if you try putting 00:44 instead of 0:44? i.e. making it 2 digits see if it works. Because that's how I make my timestamps on my videos. for eg 00:44 01:20 05:17

[@Belle737]

In Germany its forbidden to rent out a rented space 😅 you can only do this when you have your own space 😅 🏠

[@dominichill1492]

These are some very good tips on how to make a extra income Thank you Jean sweetheart for sharing you're experience How are you doing? I'm looking forward to the next video.

[@JeanVoronkova]

hi Dom, thanks for tuning in as always! We're ok... its turned rainy here in Bali! since just 2 nights ago... so its gone from very sunny and dry to suddenly oodles of rain and even thunder and lightning. My dog's gotten so freaked out she's just staying right next to our butts all the time cos i think the thunder frightens her terribly... but yeah... fun to observe the changing of seasons :) I do hope the weather will be nice and dry for your visit though!

[@Nick-jg6ch]

Thank you for being so unselfish ❤️

[@JeanVoronkova]

Thank u Nick, glad it made sense

[@SagaJohanna]

Your videos make me so happy and inspired! I’ll definitely look into tutoring, my friend does it and earns quite well :) Also I just made a KZbin video recommending your channel ❤

[@JeanVoronkova]

thank you girl, just dropped by your space and i think you're making amazing videos too - really like your aura very calming :) i feel the bright future lies ahead for u! xoxo

[@SagaJohanna]

@@JeanVoronkova aw thank you so much! I’m so excited for what lies ahead, you’re definitely my inspiration!

[@JeanVoronkova]

@@SagaJohanna you're doing great, love your voice, and van life videos are super popular right now - i think you're gonna get biiiiiggg!

[@michaelpepper7230]

We are travel around Bali and haven't watched many KZbin videos at all. Currently in Ubud and having a tour today.

[@JeanVoronkova]

congrats on your bali hols! ack teh weather has somewhat taken a turn for the wet in the last 2 days hope you guys are finding some dry corner somewhere to enjoy Bali vibes!

[@michaelpepper7230]

@@JeanVoronkova yes we are on Gili Trewangan and it hasn't rained today. Hopefully it stays like it.

[@PerfectSense77]

15:00 The corridor for rent cracked me up 🤣

[@JeanVoronkova]

IKR! how enterprising are me fellow singaporeans some of em!

[@RiamCute]

Im an artist, focused in Graphic design....i love art too., Please make video about Art and Bussiness, Thank you

[@JeanVoronkova]

Thanks for stopping by! Not sure I’m qualified to talk about art and business but I’m sure many artists based out of Bali can share better tips n advice!

[@AzerPaul]

Wow, your videos are so well done, so articulate, so logical. And if you’re reading anything, I don’t see it. Nice top too.

[@JeanVoronkova]

thanks Paul! hope your week is going lovely :)

[@terubong]

You cracked me up with the scary troll and over the top when you mentioned multiple attempts... 🤣😆😜😂😅 Nahhh just pulling your leg.

[@JeanVoronkova]

they didn't want to take me lor lol! my jaw dropped when i kena rejected first time ok haha.... but seriously about the real estate rental part... it's not just corridors enterprising Singaporeans are hawking these days lol.... apparently there are people renting out their bomb shelters for storage space too haha i thought that was very clever!

[@rhinobridge]

Your voice is so smooth you could make ASMR videos.

[@JeanVoronkova]

Wow, thank you! 🌸🤗

[@mc8631]

😍😍🤩💖

[@JeanVoronkova]

thank u :)

[@Lucky-168]

Lots of scammers here....fake names to fish your money, unfortunately I learned the hard lesson... There's no free moola.

[@JeanVoronkova]

yep so true - that's why we all hustle. Real work brings results.

[@JC-du6sn]

Look up Within Heaven's Gates by Rebecca Springer.😇

[@JeanVoronkova]

k!

[@raymonds8918]

Y are you retired early in Bali? Maybe money to you is no meaning. Lol

[@JeanVoronkova]

because this is our dream life and we managed to attain it young so we wanna live it best as we can whilst we still can?

[@didi324851]

with these side hustles you can get back to your lawyer job as they are pretty useless. you still need to invest lot's of time, same as your day to day job :))) plus, you don't have any medical insurance.

[@JeanVoronkova]

Sure sure, I actually still have med insurance back home in SG plus a nomads policy now, but hey u know best of course