We’ve all heard the popular saying, “don’t put all your eggs in one basket.” This cliché rings true in many aspects of our lives and for some reason tends to be what we think when it comes to earning our income.
How many different ways of making money do you have? In most cases a person’s 9 to 5 is about all they can vouch for. This is why finding different niches that adhere to your skills is crucial in growing your side hustle business. One of the many jobs that freelancers have taken up from home is in the field of transcribing. This on its own can easily make you $20 – $60 a day in your spare time.
While there are several writing jobs on the internet transcribing has gained some traction over the years as a go-to option for anyone looking to make extra money on the side. There are currently several website that offer online job applications to see if you qualify on the spot. These websites give you some tests and typically send an email out within a day or two to inform you on whether or not you’ve been hired to transcribe for them.
Transcribing for beginners may or may not prove to be difficult for some. There are a number of variables that can affect how much you earn. Each job, assuming you’re getting transcribing gigs from a company, will require you to implement their practices for transcribing to their clients. Your typing speed is another big part that will depict how quickly you get jobs done. With an average typing speed of 50 wpm you should be able to complete roughly 15 minutes of clean audio within an hours time. However, once you’ve gotten the hang of it your speed will increase and you’ll be able to pull some freelancing work for more money. Some popular sites to get started with for work on transcribing are Rev.com, Scribie.com, as well as Transcribe.com just to name a few.
Once you’ve established a few independent freelancing jobs consistently, this can easily be added as an increase in your financial savings. This in no way should be seen as a get rich quick scheme, but when climbing to the top it’s good to have some skills that you potentially can develop in order to take on new lanes in your financial future.