4 Lucrative Summer Side Hustles That Can Earn You Up to $100,000 Annually

Summer is finally here, and with it comes a slew of exciting activities and expenses. From concerts to trips to the amusement park, and even a new wardrobe to beat the heat, the costs can quickly add up. To avoid breaking the bank, one option to consider is picking up a summer side hustle to bring in some extra cash. CNBC Make It has spoken to numerous individuals who have turned their side hustles into lucrative ventures, earning more than $100,000 per year.

One such success story is Sophie Riegel, a part-time online clothing reseller, who shared her experience with Make It. Riegel started her side hustle about three and a half years ago and hasn’t looked back since. She finds joy in what she does and has managed to earn a substantial income from reselling clothes on platforms like eBay, Poshmark, and Mercari. In 2023 alone, she made $123,800 from her side hustle while juggling other professional responsibilities.

For those looking to follow in Riegel’s footsteps, reselling clothing can be a viable option. It’s a year-round opportunity that can be particularly lucrative during the summer months. By scouring thrift stores for hidden gems and reselling them at a profit, you can turn your spring cleaning into a sustainable side hustle. Riegel’s success can be attributed to her dedication and research, spending around 25 hours a week on her side hustle.

Another unique summer side hustle idea is renting out your pool. Jim Battan, who built a pool in his backyard in 2012, has turned his investment into a profitable venture by renting it out on an app called Swimply. In less than two years, Battan made $177,000 from renting out his pool by the hour. While it requires time and effort to maintain the pool and ensure a positive experience for renters, the potential earnings can be significant.

If you have a passion or expertise in a particular field, you can showcase it through content creation as a side hustle. Kelly Gordon, a superyacht captain, spends about five hours a week creating social media content related to yachting. This side hustle has brought in $10,300 a month for Gordon through sponsorships, merchandise sales, ads, and affiliate marketing. By sharing her knowledge and experiences, Gordon has found a way to monetize her passion while still pursuing her primary career.

For those with a vehicle to spare, renting out your car through platforms like Turo can be a lucrative summer side hustle. Andrei Echeverria, who rents out his six cars near Boston Logan International Airport, has earned up to $14,000 a month through the app. By setting competitive prices and maintaining a good relationship with renters, Echeverria has found success in this side hustle.

In conclusion, summer is a great time to explore different side hustle opportunities to supplement your income and make the most of the season. Whether it’s reselling clothing, renting out your pool, creating content, or renting out your car, there are plenty of options to choose from. With dedication, research, and a willingness to put in the extra effort, you can turn your summer side hustle into a profitable venture.