Risk: Moderate

Tumblr monetization can be risky for beginners starting from scratch, especially those who can't afford to lose money. There is a potential to lose both time and money with this side hustle. Beginners may invest in creating content, advertising, or other strategies without seeing a return on investment. Startup costs can vary, including expenses for creating quality content, advertising, and possibly hiring assistance. Many online sources discuss the challenges of monetizing on Tumblr, with some users sharing experiences of failing to generate significant income or recoup their investments.