A SIDE hustle that only takes minutes to complete could make you some quick cash.
The unique job requires minimal effort and virtually no expertise, but hasn’t been discussed much.
A TikToker’s 20-minute side hustle has the potential to make $60 in minutes[/caption]
They were only asked to give their thoughts on a cat product (stock image)[/caption]
“This is a side hustle I’ve heard practically no one talk about,” TikToker and finance influencer Alison (@alistontalksmoney) noted in a recent video.
It involves providing your opinion through a focus group, something many brands will set up to improve sales of a product or service.
The brands will pay members of the group for their time and thoughts.
Alison said she signed up to take part in a focus group involving cat food and documented her journey through the process as much as she could.
“It’s 20 minutes, and I’m making 60 bucks,” she told viewers.
In the clip, Alison could be seen walking into a building and signing in before being taken back to a room.
While she couldn’t reveal much about what happened due to a non-disclosure agreement, Alison was able to tell viewers that she was given “vision tracking goggles” and went through a “simulated shopping experience.”
She was instructed to look at a few pictures that appeared and answered questions before leaving with $60 in cash.
Alison called the experience “really easy, interesting, and fun.”
“I would totally do something like this again,” she expressed.
EXPERT ASSISTANCE
To get started, the finance influencer recommended viewers check out One Click Hustle, a website that helps those interested in making money through the gig find focus groups and product testing.
For $30 per month, subscribers get access to a detailed job board with “thousands of research studies and product tests.”
There’s also a subscription level at $45 a month with extra features to help with mastering the side hustle as a consistent passive income stream.
One Click Hustle claims on average that those who participate in at least five focus groups make around $750 from them.
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.
An estimate of $1,500 for 10 focus groups was also estimated.
Those who are uninterested in a membership could do thorough research for available focus groups on their own as well.
OTHER OPTIONS
If it doesn’t sound right for you, there are a few other simple side hustles that require a bit more time but can be considerably more lucrative.
A writing gig that only requires your laptop could help you earn $192 per hour, for example.
If you’re a dog person, it might be worth checking out a walking and babysitting business that could get you $600 per day.
A woman has even made around $1,000 extra per month by doing others’ laundry.
