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5 Side-Earning Tips for Better Financial Status as an Indian in Australia

14 Aug 2024


Had it not been for the technology advancing by leaps and bounds, around 976,000 overseas Indians in Australia would be doing one job, earning a living and offering financial aid back home in every money transfer from Australia to India.

The advancement in technology in every area has opened new vistas for both opportunities as well as challenges. If you are an Indian living in Australia and earning a living, you definitely would want to multiply your income. 

Do you not want to earn more than you already earn while continuing with your current job? Do you not think about technology’s utility and doubt it if it cannot help you earn from multiple windows simultaneously? You are at the right place with the right questions. Let’s find simple answers to these questions together.

Side Hustles to Earn an Extra Income as an Indian in Australia

Undertaking the hazards and challenges of an expatriate life away from your family, loved ones and support network is inaccessible. Immense courage is required to undertake this significant challenge. You can say that the fascination of going to a new and foreign country can cover it all.

But all the fascination is only temporary. As soon as it disappears in thin air, only then do you realize how grave the situation is and how tough your expatriate life is! But then you have to do it because you have to earn a living and help your family back home lead a financially viable and stable life.

Therefore, you can find a job, which is easy given that Australia's economy is robust and its job market is expansive. Consequently, you earn a living and send money to India online from Australia. But are you comfortable with what you are earning? If technology allows you to increase your income, would you not grab it?

So, make sure to pick up one of the following side jobs so that you can:

·       Increase your income

·       Gain better financial status

·       Become financially viable

Because remember that no matter how much you earn from one job, you are just a single step away from joblessness and poverty. Furthermore, the economic situation in most countries compels you to not rely only on one income. Income multiplication, therefore, is essential.

Teach English Online in Your Free Time

In most foreign countries, the demand for English teaching is relatively high. Imagine the importance of this language, and even in a country like Germany, you will find many prospective opportunities to teach this language.

The best part is that you are not required to invest heavily to earn a living through teaching English online. Obtaining a simple Teaching English as a Foreign Language (TEFL) certificate will do the trick for you. It will enable you to prepare this language in schools, educational institutions, and even in communities seeking experts in this field.

Another positive point is that not all institutions require you to produce this certificate. But if you obtain one, it can brighten your prospects of finding an online job in some of the most prestigious and reputable educational institutions worldwide. This can open a new earning window for you, enabling you to add more funds to your financial support each time you send money online to India from Australia.

Become a Virtual Assistant

This is another side job you can easily find and do. The world has become a global village, bridging gaps between countries and regions. Technological advancements have further opened new windows in the field of earning. With the internet and digital platforms, you can connect with clients and employers from around the world, offering services remotely. This global connectivity has made it easier to find freelance work, online gigs, and other side jobs that can be done from anywhere. Embrace these opportunities and leverage technology to enhance your income and broaden your professional horizons.

Several companies now look for people who can assist their C-class personnel with their routine tasks from afar and virtually. This is a job that is in high demand these days. You can easily find these jobs in some of the multinational companies in the world and start earning a side income without having to compromise your current job. Your pay rates in these jobs are directly proportional to your experience and your skills.

Start a YouTube Channel

Starting a YouTube channel is another great way to earn a side income. This requires a low investment but the financial dividends are great. One essential point to remember in initiating a YouTube channel is the niche you have to choose for creating content.

There are many areas in which to create content for your YouTube channel. For example, make-up tutorials, workout and fitness videos, and funny videos are all in demand, and people want to watch such videos. You can start earning money through your YouTube channel once you have gathered 1,000 subscribers and averaged 4,000 watch hours annually on your videos. While you are in Australia, you can work on reviewing Australian cuisine or videoing the country’s famous tourist attractions. These can create immense appeal for the viewers.

Do you know how to move abroad from India? If not then click HERE to learn all the necessary details along with the essential steps to move abroad from India. This will make your journey easy, convenient and comfortable.

Consider Pet Minding as a Side Hustle

If you are a pet lover, you can consider pet minding to earn a side income while you are living in Australia. Several pet owners will approach you and ask for a couple of visits a day of about 30 minutes each to feed and look after their pets while they are off for holidays.

This has more benefits than money. Dog walking allows you to get some fresh air and exercise, while you are earning a side income and also contributing to the pet’s wellbeing. Furthermore, you can bring the pets to your home while their owners are away. Some of the popular online platforms for this are Mad Paws and Pawshake.

Marketing Through Writing  and Speaking Skills

Another popular side hustle to make some extra money is marketing certain brands through writing. Most businesses worldwide operate online and have a virtual presence to reach a larger customer base.

These businesses look for individuals to market their services and products through writing and videography. It can be called a paid promotion in which you ask certain individuals to write or speak in videos about their products and services. A prime example of this is the growing number of social media influencers who with substantial followings on certain social media platforms can get paid handsomely for offering promotions to certain brands.

Remittances Can also Help You Attain Financial Stability

Online money transfers are a recurring process in which you can send money to India from Australia repeatedly. This repetition of activity incurs costs as each time you initiate a transaction; you have to pay service charges to the service provider.

This can throw your finances into disequilibrium as a small amount being paid regularly becomes enormous at the end of the day. Therefore, make sure to find a service provider that not only charges a low fee but also offers you live and market-competitive currency exchange rates. The financial health of your online remittance transfers largely centers around the fees you have to pay and the exchange rates you get. Live rates, therefore, can compensate you for the fees you pay for your transactions.

FAQs

What is a side income?

A side income also known as a side hustle is a way to generate income in addition to what you are already doing to earn a living or your existing job. Side hustles or side jobs can include freelance work, selling goods or services online and promoting certain brands, services or products in exchange for payment.

Why is a side income essential nowadays?

A side income nowadays has become a necessity more than anything. The global economy’s meltdown, owing to several reasons and factors, makes it difficult to just rely on one income stream. In addition, technological advancement has made it easier to find side hustles as several side jobs are available online and virtually.

What are the top 5 side income streams I can consider?

While you are working in Australia as an Indian migrant and earning a living, you should look for side jobs. These jobs are available online, and doing these can help you earn more and attain better financial health. Some of the important side jobs are teaching English, becoming a virtual assistant, starting your YouTube channel, pet minding, and marketing through writing and videography.

Why do Indians work abroad?

Millions of Indians are working in several foreign countries as the country is the world’s most populous country. This huge population count makes it difficult for the country to provide for its people. It leads to high rates of unemployment which further breeds acute poverty. Therefore, Indians work abroad to find better jobs and earn a higher income.

How do I save money on my international money transfers?

You can easily save money on your international money transfers by choosing your remittance transfer service provider wisely. Each time you initiate a transaction, you make a payment to your service provider. Therefore, choose a service provider that not only charges a low fee but also offers you live and competitive exchange rates that can compensate you for the fees you pay. 

Resource(s)

·      Indians in Australia

(Population of Overseas Indians (mea.gov.in)


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