Afford Anything · Friday, July 24, 2026
Cody Berman categorizes side hustles into four types: trading time for money (freelancing, manual labor), scalable side hustles (rental properties, digital products), sharing economy platforms (renting out assets like cars or homes), and hybrid hustles, which involve scaling a time-for-money service into a business with employees.
“So I like to buck side hustles into four groups. So group number one is trade your time for money side hustles.”
“So this is you're putting your time, your energy, your money into something once and then that thing is going to pay you, hopefully in perpetuity or at least for years or decades to come.”
“So this is one a lot of people sleep on. So the sharing economy, a lot of people know there's Airbnb for your home. There's Turo, some people are familiar with for your car.”
“So this is taking a type one side hustle, so trade your time for money, and then kind of scaling that into a business.”