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A recession may be on the way.
One tell-tale sign: The US economy declined by an annualized rate of 1.4% in the first quarter of 2022, according to the US Department of Commerce.
While unemployment is historically low and job growth is strong, gas prices are historically high and inflation is at 8.6% — the highest it’s been in 40 years. If that’s not enough, the stock market fell into a bear market recently after gradually declining throughout the year.
Amid all this doom and gloom, what’s a worker to do?
Start a side hustle. Having another job on the side started long before the pandemic and hasn’t waned. Many people find that a second, part-time job provides extra financial stability, especially in an unstable economy.
If a recession is on the way, a side hustle might be the buffer that helps get you through it. So what are your options?
11 Side Hustles to Get You Through a Recession
1. Grocery Store Worker
Restaurant business usually drops during a recession as more people cook at home to save money — and shop more at grocery stores.
People might have to trim their budgets a little, but the need for comfort foods and pantry essentials won’t go away.
So whether it’s stocking shelves, bagging groceries or providing customer service, there will almost always be a need for grocery store workers.
A grocery store shift can work well with a full-time job, too, since most stores have early morning, evening and night hours.
2. Grocery Store Delivery Person
Grocery delivery services have taken off since 2020, making life a little easier for consumers while providing more opportunities for side gig workers.
Third-party apps like InstaCart, Shipt and Boxed are extremely popular, as are grocery stores that have created their own delivery apps, such as Walmart and Kroger.
3. Bookkeeper
Death and taxes, right?
Recession or not, individuals and businesses have to pay taxes and track their finances.
While accountants work mostly…
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