A UNIQUE gig could help you earn several hundred dollars per day with a few simple steps to get started.
The side hustle not only allows those who take it on to make their hours but also doesn’t require much work.
A TikToker has revealed a simple side hustle that could bring in around $900 daily[/caption]
TikToker and personal finance expert Healer of Wallets (@healerofwallets) noted in a video that he had personal experience with the job — a mobile notary — while selling his home recently.
Mobile notaries have three crucial responsibilities, per Coast 2 Coast Signings.
They must verify a signer’s identity on official documentation, witness their signature in-person, and finally sign and stamp the document themselves.
The mobile notary arrived at the TikToker’s former residence with some documentation for him to sign to complete the house sale process, and he discovered that they were paid around $30 per notarized signature.
Considering there were two documents and three signatures per document, that was a total of six signatures for $180.
Not only was it lucrative, but it took “less than 15 minutes,” according to the TikToker.
The potential for profit was also great considering the amount of work and time required for the mobile notary he worked with.
“Just imagine if she had five more clients that had the same needs as me — that’s $900 on the day,” he exclaimed.
“Now that’s what I call finesse.”
The only catch is that you need an official license.
It typically takes around four to six weeks to get your notary license, but considering the potential earnings, it could be well worth it.
STEP BY STEP
There’s also a process that’s recommended by the National Notary Association to get started.
First, the licensing requires a training course, exam, background check, surety bond, and some supplies like a Notary journal and seal.
Since you work for yourself, the association recommends that interested parties then create a business plan to market your services, travel requirements, and other offerings to companies and individual customers.
Side hustles and tax implications
Extra income you make from side hustles may need to be reported to the IRS.
If you receive more than $600 in gross payouts from a selling platform like eBay, the site will issue you a Form 1099-K to use in your tax return.
Individuals should calculate their adjusted gross income, taxable earnings, and deductions for the year.
Once they have that, they can use the 1040-ES form to calculate estimated taxes.
It’s also important to create a strong online presence.
Lastly, The National Notary Association recommends new mobile notaries market themselves consistently through social media posts and in-person networking.
Following all the steps could result in a consistent cashflow with customers and the aforementioned earning potential of $900 per day.
MORE OPTIONS
Many make the mobile notary position a full-time job instead of a side hustle.
Those who feel the steps would be too complicated for what they’re looking for to make some extra money shouldn’t fret.
There are several other options to make similar amounts with less work.
A reviewing side hustle can make you at least $500 in two hours and all you need to do is sign up online first.
There’s even a “fun” opinion-sharing side hustle that can make you $60 in just 20 minutes.
