How to earn extra income on the side
What would you do if you had an additional source of income coming in every month? You could pay off a few bills, fund your retirement, or just have more money available for fun and frivolous things. The best part is you don’t need to get a second job or sacrifice time with friends and family to make it happen.
Working a second job is not only time-consuming, but it can also take away from time that you could be spending with loved ones. Luckily, there are many ways to generate supplemental income without sacrificing your main job, home life, or social life.
This list covers 10 side-hustle ideas that will help anyone get started on the road to financial security. Some may require more work than others, but all of them have the potential to become profitable ventures if successful.
Blogging is a great way to make some extra cash. You don’t have to write about anything in particular – just what’s on your mind and what interests you. Your blog can be about anything you want – fashion, health, relationships, cooking, travel, or any other topic. The goal is to get people reading your content, and if you create something people are interested in, they will likely click on the ads and products mentioned on your blog, and you’ll make a commission from the sale.
Some blogging platforms are extremely easy to use and allow anyone to create a site and start making money as soon as they sign up. The best part about blogging is that once you create a blog, you don’t have to do anything else to keep it going. Ad revenue will keep coming in as long as your site remains live. You can also choose to buy your own domain and hosting plan to make your blog more professional.
If you’re the type of person who wants to immediately dive in and start making money as soon as possible, then dropshipping may be a great side hustle for you. The idea is that you purchase items in bulk from a wholesaler, list them for sale on your website or social media pages, and then ship them directly to customers once they make a purchase.
You don’t have to keep these items in stock since they’re coming directly from a wholesaler. The advantage of dropshipping is that you don’t have to put any money down to purchase items in bulk. Instead, you just pay a small service fee to a company that will purchase the items for you and then ship them directly to your customers once they make a purchase.
You can get started with dropshipping by choosing a few products that you know will sell well and then contacting the wholesaler to let them know you want to purchase the items in bulk. Most wholesalers will give you a discount if you’re purchasing a large quantity at one time. You can then use sites like eBay or Etsy to set up an online shop and start selling your items to customers.
Teaching / Tutoring
If you’re an expert on a certain topic, you can make extra money by teaching others what you know. You can sign up to teach classes at a local community center or create your own website and start posting tutorials. You could also consider tutoring children in a subject they’re struggling with.
This is a great option if you want to make extra money while also helping others improve their grades. If you have a background in a specific field, you could also consider becoming an online tutor. Sites like Tutor.com connect teachers with students who need help with homework or want someone to review their class notes.
If you’re a great tutor, you can get referrals from past students and grow your client base over time. This is another great way to make money while helping others and making a difference in someone’s life.
If you’re a great writer, you can make extra money by writing articles for online publications like blogs and websites. Just like blogging, you don’t have to write about a specific topic. You just need to write about things that are interesting to other people.
You can also write content for websites and companies looking for help with their SEO efforts. This can be an excellent way to make money on the side. All you have to do is work on an article while you’re at home, and then submit it to the website and make a quick buck. If you’re really good, you can write regularly and make more money each month.
Selling on eBay
If you like to shop and find great deals, then you can turn those items into extra cash by selling them on eBay. You can find items at garage sales, thrift stores, or even on sites like Craigslist where people are selling items for cheap. Once you find what you want to sell, you can list it on eBay and start making money from the sale. You’ll want to be careful about what you decide to sell on eBay, as certain items are prohibited from being listed on the site, including certain drugs and guns.
You can also sign up for Amazon to sell your items online. This is helpful if you want to make sure your items are professionally listed and that you can easily ship them to customers once they make a purchase. This is also a great option if you want to sell your items year-round and not just during one specific time each year.
Becoming an Instafriend
If you have a large following on Instagram, consider becoming an Instafriend. Companies will pay you to post content on Instagram that promotes their brand and products. The great thing about this side hustle is that you can make money while you sleep.
All you have to do is find companies that will pay you to post on Instagram, and then create content promoting their brand and products. You can also add a watermark to your photos so people know who you are and that you were the one who posted the content. This is another way to make money on the side while you sleep. You can also use an app like Sqor to get paid to message people on Instagram.
Rent out a room in your house
If you live in a city where there’s a high demand for short-term housing, consider renting out a room in your house. Companies like Airbnb connect hosts with guests who are looking for a place to stay for a night or a few nights while travelling. If you live in a city where tourist traffic is high, you could make a good amount of money by renting out a room in your house while you’re away.
You could also consider renting out your entire house while you’re away on vacation. This can be a great way to make extra money while you’re away and not using your house. Just make sure you have the proper insurance coverage in place so you don’t open yourself up to any issues when renting out your house.
Taking online surveys
If you enjoy filling out surveys and making a few extra bucks while you’re at it, then online surveys are the perfect side hustle for you. You can sign up for sites like Swagbucks, Survey Junkie, and Inbox Dollars to get started. Each site offers surveys and offers that you can complete each day to make extra money.
You can also choose to take advantage of other offers like watching videos, playing games, shopping online, and even searching the internet. This is another way to make money on the side while you’re sitting on the couch watching TV.
Consumer research study and product testing
If you like helping companies improve their products and services, then you can sign up to be a product tester. Companies like Greatist and Reviewed employ individuals to test out their products and give their feedback. You may be asked to try out different shampoos, products, or services and then write a review about what you like (or don’t like) about them. This is another side hustle that will allow you to work from home and make extra money while testing out new products.
The key to making any of these side hustles profitable is to find something you’re passionate about and can see yourself doing for a long time. If you love what you’re doing, it won’t feel like work, and the income will come naturally. No matter which of these side hustles you decide to pursue, always be sure to do your due diligence and look for legitimate companies to work for. Avoid scams by doing your research and only work with companies that have a proven track record of paying their employees.
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