Make Money

How Can Couples Make Money Together

By David Krug David Krug is the CEO & President of Bankovia. He's a lifelong expat who has lived in the Philippines, Mexico, Thailand, and Colombia. When he's not reading about cryptocurrencies, he's researching the latest personal finance software. 9 minute read

How Can Couples Make Money Together? Make a list of possible side hustles that you and your loved one may work on together. The answer to generating a lot of money might be right under your nose.

It’s a well-known maxim that finding a job you enjoy will make it seem less like work. But what if you enjoy spending time with your spouse and are looking for a new relationship? To help each other out, perhaps you might form a partnership.

But working a second job together will help you to save money, with all of the extra money you will be able to generate. However, starting a business takes time and work, and it may be risky. It can also put stress on your personal life and your relationship.

As a result, setting up a side business together can be an excellent option for married couples to supplement their incomes. The extra income can be used to help you pay off your college loans or save for a new home, or for other purchases.

To assist you and your significant other make some extra money, we’ve gathered a list of terrific weekend side jobs and internet businesses that don’t need you to take time away from your spouse.

These are not your typical Uber or Lyft jobs, either. Some of these ideas for side hustles are quite enjoyable and novel. It’s possible that one of them may turn into a full-time career for you and your partner if you love it enough.

How We Narrowed Down the Top Side Hustles for Couples

It’s important to find side gigs that can be done on your own time and with a high degree of flexibility, so we focused on possibilities that suit those criteria. You don’t have to quit your day job in order to start anything on our list.

Aside from the obvious benefits of having two individuals working on a side project together, we chose side hustles we thought couples would like.

Any of our concepts may be broken down into smaller, more manageable chunks based on the abilities and interests of the people involved, allowing you to collaborate with others.

In addition, we selected a wide range of concepts to increase the likelihood that you’ll find something you enjoy.

Instead of starting from scratch, try one of the side hustles we’ve provided, or take inspiration from this list. Everyone’s ideal side hustle will be slightly different.

Hustle Ideas and Money Making Ideas for Couples

We cover some of the many different hustle ideas for making extra cash, or even passive income, as a couple below.

Provide Childcare or Pet Care Services

Pet watching, dog walking, and other pet-related activities may earn you money as you help your neighbors out.

There are more children (or fur babies) to care for when you have two people working with you, thus you’ll make more money.

Whether you work from your own house or the customers, Rover can help you locate new clients.

Offer your services to your neighbors for free in the interim till you obtain some references as a babysitter if you have no prior experience.

For the sake of your consumers, it may also be beneficial to submit to a criminal background check.

Start an Etsy shop

For couples that want to be creative, here are some ideas. What about the candles, wine koozies, spice blends, face masks, or whatever else you’ve been producing in your spare time? Do you want to sell them?

On Etsy, there may be a demand for your goods if you have a distinctive idea and can package it nicely. According to an Etsy survey, over half of all successful Etsy sellers had never sold a product before opening their shop.

From camera straps to care packages, there are a plethora of Etsy business ideas that are perfect for beginners and can be started from the convenience of your own home. To learn more about how Etsy works, check out our guide to starting an Etsy business.

Online Surveys

Taking surveys online can be a way to supplement your income. You’re not likely to make good money by doing this, but it is a way to slowly earn money in your free time. This can be great if you find yourself needing just a small amount of extra cash every once in a while.

It can also be a nice way to spend time with your significant other, as you can discuss what kind of surveys you’ve been taking.

Get Into Real Estate

Investment in real estate has grown more accessible over the past several decades, and it’s not only a luxury that’s reserved for the super-wealthy. However, if you’re looking to get into the business of flipping properties, it’s still a feasible alternative.

Passive investing options, such as real estate investment trusts, are another option. The most common way to invest in real estate is through real estate investment trusts (REITs).

Read our guide to getting started in real estate investing if you want to be well-prepared. It will assist you in making an informed decision about the kind of real estate investment that is right for you.

Start Managing Social Media, a Youtube Channel, or Blog

Do you have something to add? It’s possible to make money from your own website if you or your spouse have a talent for writing, editing, and digital marketing. Even if you’re a seasoned blogger, don’t expect to make a ton of money right away, as this is one of the hustle ideas that takes time to build up before you can earn money.

Before you can think about making money from your blog, you need to establish yourself as a reliable source of information and give a lot of value to your readers.

Your blog will need to be widely publicized as well, whether that’s through social media or email newsletters.

Bloggers who don’t already have a sizable following sometimes find it difficult to make money from advertising or affiliate marketing alone. Check out our guide to beginning a successful blog for useful advice.

Blogs may also be used as a springboard for freelance writing careers. Being a self-employed writer may be a terrific way to get customers (and additional money) when you need them, but it does necessitate some self-marketing.

You might also utilize your editing talents to work as a proofreader to save some of your creative energy for yourself.

Get Started in the Stock Market

It’s never too early to start thinking about your future. Couples may have a lot of fun learning about the stock market together, despite the fact that it’s a dangerous endeavor with no guarantees of success.

It might be a strategy to help you save for retirement or put money away for your children while you’re still living at home.

There are several simple and affordable methods to get started in the stock market. You can get started trading with some of the top investing apps for as little as a few bucks, and many of them even contain instructional materials to guide you through the process of learning.

Start Selling on Amazon

As of 2018, Amazon’s third-party sellers made over $160 billion, demonstrating exactly how popular the site has become as a tool for small companies to generate revenue.

With Amazon’s Fulfillment by Amazon, you may easily reach millions of customers. When you utilize this service, Amazon takes care of a lot of the grunt work, like storage and delivery.

When selling with Amazon, you don’t need a lot of money in order to get started selling. Furthermore, you won’t have to perform any of the product research yourself.

Using an internet tool like Jungle Scout may help you select a successful product and optimize your profits, so you and your partner can spend more time together. Check out our entire guide to selling on Amazon for additional information.

Become a Virtual Assistant Duo

Consider promoting yourselves as virtual assistants if you both have administrative or organizing talents to offer (VAs).

Schedule, travel, and email interactions are just a few of the many aspects of VA employment that may be handled remotely if you have the necessary skills and experience.

They may even be able to help out with things like accounting or graphic design. It all comes down to who you end up working for as a freelancer.

In order to get work as a freelancer, you can use sites like Upwork or Fiverr, but you should be aware that these services deduct a percentage of your earnings. By having your own online presence, potential customers may easily find you.

If you’re considering working as a virtual assistant, narrowing your focus might be beneficial. Working with experts in a certain field or focusing on female entrepreneurs are just a couple of options available to you.

Get a testimonial from a long-term client so that you may show it to other potential customers.

Sell Online Courses

Selling online courses is a great way to make money if you or your partner have learned a skill that is valuable to others.

People are prepared to pay for a great education, no matter how basic or difficult the subject matter is. Teachable, Udemy, or Thinkific are great places to start selling online courses but you’ll need a blog to advertise your course in the long run.

As soon as you’ve generated all the course content and assets, generating money online with courses may become a passive revenue source. The more popular your course is, the more money it will produce for you without you having to do anything.

Start a Cleaning, Landscaping, or Home Improvement Service

If you and your partners like spending time maintaining your own house or yard, you may be interested in selling your services to others.

You may reach out to clients using an online platform such as TaskRabbit or Thumbtack, or you can advertise in your local neighborhood. 

You can opt to provide a single service, such as room painting, or a variety of services. You might also combine your various skill sets to provide home renovation packages.

When providing these sorts of services, it is critical to get feedback from delighted clients. And take images of your completed work to post on your profile, website, or blog.

Become Resellers

Starting with products you no longer need around the house, items you discover at local garage sales or anything you find for free on Craigslist, you may quickly get into reselling.

This one requires two persons, especially if you’re retailing larger stuff locally.

You may also sell on platforms like eBay, applications like Poshmark, and antique or second-hand stores.

The initial step is to decide what type of things you’ll sell. You might start a shoe business, recycle old furniture for resale, or just sell gently worn apparel.

For additional information, see our article on how to resale.

Lead Online Activities

Perhaps you and your spouse would want to offer virtual salsa classes, lead meditations, provide walking tours of your city, or arrange cocktail parties from the comfort of your own home. Almost every experience you can think of can be marketed on Airbnb. That’s true, Airbnb is no longer simply for holiday rentals.

You’ll be able to establish your own fees for the experience you’re delivering, interact with people all over the world, and select an activity that you and your partner already like doing together. You may need to start with low charges until you can get some feedback on your service.

Bottom Line

Learning new ways to create money typically involves spending more time away from the people you care about. However, if you and your spouse pursue a side hustle together, it may not even feel like work — especially if what you’re doing allows you to assist others.

To reach your financial objectives, you need to understand how to create money in a way that is consistent with your relationship, whether you’re saving for a growing family, purchasing a home, or working toward financial freedom.

Don’t simply take up a weekend side work, but also consider implementing some budgeting tactics to limit your spending and creating new savings account solely for your side hustle money so that you can see it increase over time.

Frequently asked questions

What do you need to do to start your own business?

First, you will need to choose the business structure that best fits your company (Sole Proprietor, Limited Liability Company (LLC), S-Corporation, or C-Corporation). You will likely want to register as an LLC.

You will then need to choose and register your name with your state government.

After you have done the first two steps, you will need to register an EIN (or Employer Identification Number) with the IRS.

Finally, you will need to obtain the required business permits and licenses. You should be aware that you will have to pay taxes on your company's income.

Can you and your partner have a shared bank account for the new business?

You can absolutely have a shared bank account with your significant other. This can be a shared bank account for your regular full time job pay, or for the extra cash you earn together through a side hustle.

Curated posts

Someone from San Diego, CA just viewed Best Online Colleges for Data Science