We all wish we had more money coming in monthly. By earning even a little extra, you can stop living paycheck to paycheck, pay off your debts, and start focusing on your bigger financial goals. But short of quitting your job and writing the next Harry Potter series – where do you start?
There is a range of ways to supplement your current income, most of which you can do from home. The first step is to identify what skills or assets you have and the time you can commit. From there, the only limit is your imagination. Below are some ideas to get you started.
1. Turn a hobby into a trade
Do you spend your spare time playing the piano, or gardening, or making intricate wooden furniture? Whatever your hobby, it is possible to monetize it. You can do this by teaching it to others, or by selling your home-made crafts or goods at local markets or online. The big plus here is that you will be doing what you lovey.
Etsy is a good place to start for online sales.
If you have particular skills, consider devoting some of your evenings or weekends to freelancing. Do you enjoy taking photographs? Or are you particularly good at writing, editing or drawing? You might even be willing to spend some hours each week working as a virtual personal assistant or doing data entry. Why not get paid for what you do?
As with all side gigs, starting your own freelancing business takes time and a lot of energy, but the income rewards can make it hugely worthwhile. And with the extra time you spend honing your craft, learning, and building connections in your industry through your part time work – who knows? You might even be able to turn your freelance side gig into your main income stream.
3. Become a secret shopper
Mystery shoppers pose as legitimate shoppers in order to evaluate local brands on their customer experience. Big companies use mystery shoppers to check that standards are being met and to provide feedback on how their staff are performing. Shoppers are usually reimbursed for any money they spend in the store, within limits, and are sometimes allowed to keep the goods they buy. This kind of gig probably won’t pay the bills, but it is worth looking into if you are shopping at a certain store anyway.
Check the Mystery Shopping Providers Association website to confirm whether a company is legitimate.
4. Market Research
All companies need to research their products or proposed launches to learn what works and what doesn’t. So there are ample opportunities to complete surveys and get paid. This can be online or through face-to-face questionnaires. Some companies will also pay you to test products, or to try out their apps.
You’re not going to make your fortune taking surveys, but they can add up. The key with making money this way is volume: try to do as many as possible, and sign up to lots of sites. Bemyeye is one of the sites you can try.
5. Work as a movie extra
All films and TV series need extras. Extras are the people in the background: walking down the street, sweeping the floor or chatting to each other in the coffee shop. The work can be dull, and the hours very long. But the good news is that you don’t have to have any specific skills to do this kind of work, as you don’t need to perform, or deliver lines.
The best way to get into extra work is to sign up to a casting agency, such as Backstage Casting or Extras Ireland.
6. Airbnb or Rent out a room
Your home is one of your biggest assets, did you know that you can make it work for you to earn some extra income!
Registering with Airbnb is free and easy plus you’re in control of availability, pricing and check in times. You’re also covered in the event of any accident or damage to give you peace of mind.
Or if you have a spare room in your home, the rent-a-room scheme is one of the few ways of earning income without paying tax
It’s almost the only way left of earning a money that you don’t have to pay tax on, and it could see you increase your income by up to €14,000 a year. Now colleges across the country are calling on local homeowners to avail of the scheme and let out a room to a student to ease the housing shortage.
7. Become a pet sitter or dog walker
Do you love animals? Why not spend some time caring for them – and getting paid for it. Many pet owners are more than willing to pay to have someone stay in their homes to look after their pets while they are away. Some websites offer arrangements where you have the pets stay at your home.
By committing just a few hours a week to a side gig, you can ensure you have the disposable income to achieve your goals. Whatever you can do, whatever hours you can commit – there’s a way to make money from it. Let me know if I can help. No obligation, just simple explanations.
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How to earn money, that is, extra cash, is possible even if you have a day job to keep. Here are four short-term ways:
Start a part-time business or work
It’s part-time so it should not eat up your whole day. If it does, you may be banking on the full-time business side. So what are these types of business? From garage sales to offering computer tutorial (if you’re into I.T.), to a more capital-intensive model of putting up an espresso machine in your office or kid’s school, here are 25 great ideas shared by Entrepreneur.com . It’s a long list and our bet is that you have at least one that fits your skill or background. How about be a personal chef or yoga instructor to your rich neighbor? A picture framer or handyman, maybe? The possibilities are only as limited as your willingness to earn that extra cash.
If you’re into writing, coding, designing or even just a plain person with a knack for chatting and posting, you can use some leads online. The Internet has lots of online sites that offer to match contractors (those looking for work) with suppliers (those looking for contractors). A Google search on freelance jobs alone will generate about 76 million results. Don’t be overwhelmed, you can try FreshBooks to find the best freelance sites. Most of them, if not all, do not charge a fee for contractors (that’s you); they charge the suppliers. One of the benefits of using a freelance site is that suppliers often trust getting contractors from these sites because the law of natural selection works here. Contractors that don’t perform well are down voted and vice-versa. The better your output is the higher your recommendation usually is; hence, you tend to get more assignments.
There are more money-making ideas that deserve your attention. Returning past purchases for cash is one, which may be a little extreme if you have an image to project. Selling your hair and breast milk (yes!) is another. What about signing up for medical tests? If that scares you, it scares us, too. For more of these quick-money ways, Daily Finance has 25 of these ideas.
If you’re feeling more sophisticated, it’s time you try money instruments. It will take a steep learning curve, though, to master this money-making channel, but it doesn’t mean it’s only for sophisticated finance planners. Investopedia has a good article to introduce you to the more sophisticated instruments, from discussing the purpose of money markets to the types of instruments. It is addressed to the individual investor (you) so fear not that this is not for you. Walk with caution, though, money markets like in a gamble, can make or lose you cash in a snap. But as you gain confidence, you’ll see why money markets are one of the biggest income streams of the rich.
Making money is just a game. With enough passion and grit you’ll get your dollars. Not to say you can always lose, too, and when you do, the only thing to do is get up and try again. Do you have a money-making plan while working? Share it here.
Ten creative ways to earn extra money
Editor’s note: CNN.com has a business partnership with CareerBuilder.com, which serves as the exclusive provider of job listings and services to CNN.com.
You can sell your skills, your time or your used stuff to make some extra money.
With an abundance of job losses, salary cuts, eliminated bonuses and diminished 401(K) matching contributions, your income is shrinking — but the bills aren’t.
If your regular job isn’t earning you enough cash or you’ve lost your job altogether, these simple side gigs can help put some padding in your pockets until — maybe even after — you get back on your feet.
Here are 10 ways real people are creatively taking home some extra dough:
1. Do freelance work
Felice Premeau Devine left her lucrative, full-time job two years ago to raise her son. In the interim, she’s picked up writing and editing freelance work and started a blog, where she is able to earn a little cash from advertising.
Nowadays, almost any job can be done on a contract or freelance basis. Check out sites like Sologig, which lead job seekers to contract, consulting, freelance, temp-to-hire and part-time project opportunities in your field.
2. Sell your books
If you’re a college student or you hung on to your college textbooks thinking you might want to read them again somewhere down the line, select retailers like Barnes & Noble allow you to sell your textbooks for some quick cash. Or, take some classics from your personal library and sell them at a local second-hand bookstore.
3. Search circulating coinage
Susan Headley, the “guide to coins” on About.com, is a lifetime coin collector who has been boosting her income by searching through circulating coinage for the past six years. In 2008, she made about $2,500 and so far in 2009, she has earned approximately $500 from coins she’s found.
People who search circulating coinage successfully for a side income do so in very large numbers, she says. They buy rolls of coins from banks, typically in whole boxes, and sort through it to find stuff that just doesn’t belong, Headley says. Half dollars, for example, were no longer made from 90 percent silver after 1965, but they still had 40 percent silver in them until 1970; either of these turn a nice profit. Presidential dollar errors can be worth $50 to $5,000 each; uncirculated state quarters can sell from $10 to $50 per roll; and rare error coins can value up to $35,000.
4. Start a “business”
Turn your hobby, skills or expertise into a part-time business. Sites like Jobvana can help you do so by providing you with free tools to market your services and offer specialized skills to those looking for help.
Peter Olson says he built a profile in September 2008 offering to teach guitar lessons. He has since gained two students, earning about $240 extra dollars per month and grossing around $1,000 since he started teaching.
5. Enter local and online sweepstakes
Wendy Limauge has been entering sweepstakes since 1993 and teaching others to win through her Web site, Sweeties Sweeps, since 2002. Though winning sweepstakes rarely provides actual cash, her winnings have consistently provided her and her family with 200 to 300 prizes a year, many of them large items she and her husband couldn’t afford on their incomes alone.
Prizes she has won include three TVs, two of which are flat-screens; a home theatre system; three dishwashers, each won on separate occasions; at least $1,500 in grocery gift certificates; an $18,000 voucher for the vehicle of her choice; a trip to France valued at $25,000; and, in March 2009, she won $5,000 in an instant-win game.
“The Internet has so many options for saving money, getting something for free, winning a prize or earning money from home,” Limauge says. “You just need to find those resources that offer helpful information and point you in the right direction to get you started and keep you motivated.”
6. Give your opinion — and get paid
Linda Childers, a California-based freelance writer, says many of her friends participate in focus groups. Contributing an hour of your time can earn you up to $100, sometimes more. Online surveys, phone surveys and product trials can also earn you anywhere from $5 to $150. Check out Free Paid Surveys or FindFocusGroups.
7. Sell your junk
Terri Jay earns $2,000 – $3,000 per month just by selling junk. On eBay, Jay not only sells stuff she isn’t using; she hits up local thrift stores on 99-cent days, garage sales and tack sales, looking for things of which she knows the value. She says her best sale was for a drink tray from the 70s: She paid 25 cents for it and it sold for $87.
“The trick is to [sell] what you know,” she advises. “Therefore you can list them [at correct prices] so they will get picked up in searches [on eBay].”
8. Join a direct selling company
Direct selling is one of the easiest ways to earn some extra cash, especially if you sell products you love. Avon, for example, allows you start your own business for $10 — your take home depends on your efforts. Some full-time representatives earn six-figure salaries, others own licensed Avon Beauty Centers and many just sell Avon part time around their family’s schedules.
Haizel MacIntyre started her Avon business in June of 2008 to earn supplemental income to her full-time job when her husband was laid off. Since joining Avon, MacIntyre averages $1,800 a month in sales and her husband is helping her run the business. Her Avon earnings help pay the bills, provide extras for her three kids and she is hoping to earn enough to put towards her college tuition when she goes back to school to get her Masters in Social Work.
9. Be a secret shopper
Keen eyes for detail as well as a good memory are really all that it takes to succeed as a secret shopper, says Zippy Sandler, who has been mystery shopping for about 13 years. After registering with a secret shopping company, you are paid to basically go undercover and report on a company’s operation from the customer point of view.
Sandler decided to start secret shopping not only to earn money eating, traveling and shopping, but also to learn customer service skills to pass along to the employees she managed at a retail store. Depending on the clients she is shopping for, Sandler says she has earned everywhere from $100 to $2,000 per month.
10. Sell your photos to stock agencies
Learn how to start making money from home right now
SeventyFour / Getty Images
As normalization of remote work continues, you can take advantage of a range of ways to make money from home. From selling items online to starting a podcast to offering your services as a virtual assistant, there are lots of opportunities to earn an income without leaving the house.
If you’re seeking a more traditional job format but still want to work from home, you’re in luck. Remote job postings—which doubled for some online recruitment sites during the pandemic—continue to rise. Regarding the remote positions available, tech jobs are among the most prevalent, but work-from-home opportunities have also risen in therapy, finance, and law.
Where to begin when searching for remote work? “I’d encourage the job seeker to start by reflecting on their interests and career goals,” Indeed Senior Career Coach Jamie Birt told The Balance in an email.
Next, Birt recommended taking into account the jobs that are commonly performed remotely, such as copywriting, graphic design, and software development. Adding the term “remote” in job search engines can give you an idea of what’s available.
Last, bridge your career goals with the remote jobs that are available, Birt advised. When you find remote positions you like, take note of your current skill set to identify translatable skills, as well as any gaps where you’d need additional training or upskilling.
We’ll discuss eight remote moneymaking opportunities that can help make working from home a reality.
Sell Your Used and Unwanted Items
Clearing out and tidying up your home will likely leave you with piles of things you no longer need or use. You can bring in some extra cash by selling items online that are in good condition.
There are lots of virtual marketplaces where shoppers can go to find a variety of things. Ebay is a popular place to sell just about any used item online. Other sites may be more specialized, such as thredUP, which is clothes-specific, or Decluttr, which focuses on cellphones, tech, CDs, DVDs, games, and books.
If you prefer to keep your sales local, you could check out sites like Craigslist, or keep things offline by having a garage sale or taking your items to a consignment store.
When listing items for sale online, you’ll want to include good photos and an accurate, detailed description.
Start a Podcast
“Podcasting is replacing blogging as the moneymaker for a lot of people working from home,” Joseph Hogue, who runs the site My Work From Home Money, told The Balance in an email. He added that advertising dollars are shifting from text-based to podcast sponsorships.
While it can take some time to grow an audience for your podcast, there are several ways to make money podcasting, including selling advertising time, adding affiliate marketing links, offering subscriptions, throwing live events, crowdfunding, selling merchandise, doing speaking gigs, or coaching others on how to host a podcast.
Make Money on YouTube
Momentum has been picking up in video monetization, said Hogue from My Work From Home Money. He suspects that vlogging will take over from podcasting once high-speed internet is universal.
Popular ways to make money on YouTube are monetizing ad views, running paid promotions, and being part of the YouTube Partner Program, among other opportunities.
If you have an audience through a website, social media, or other platform, you can generate some extra income by including affiliate links. Affiliate marketing is when you earn a commission on the sale of someone else’s products. A common way is to have a link to another company’s website or product in your own content—if a reader clicks on your link and buys the product, you get a cut of the sale.
The Amazon Associates Program is a well-known affiliate network; you can find other affiliate marketing opportunities on platforms like CJ Affiliate, Rakuten LinkShare, ShareASale, and many more.
Familiarize yourself with the Federal Trade Commission’s (FTC) Endorsement Guides before starting with affiliate marketing. You’re required to disclose when you have a financial interest in a product or service mentioned on your site, along with other obligations.
Become a Virtual Assistant
As the workforce transitions to remote work, the demand for virtual assistants is expected to continue to increase. Virtual assistants, or VAs, work remotely to help with administrative tasks—they can work for individuals, teams, or companies. The workload of an administrative assistant usually involves tasks such as answering phone calls and taking messages, running social media accounts, scheduling appointments, and doing research, among other duties.
When starting a VA business, it can be challenging to land your first customer. VAs can find clients through social media channels like LinkedIn or Facebook groups, at virtual or in-person networking events, by word of mouth, or on freelancing platforms like Upwork.
Sell Your Photos Online
Make money online from home by selling your photography, video clips, vectors, and illustrations. Upload your content for individuals and companies to buy for use on their websites, platforms, or other needs. Try listing your work on sites like iStock, Dreamstime, and Adobe Stock.
Offer Your Expertise
If you’re an expert in something, consider creating resources to teach other people. Once you’ve made the initial effort of putting together the content, it can act as a passive income stream.
Online courses, webinars, and ebooks are all common ways to share information. You can build and promote the resources on your own or use educational platforms that already have established communities, such as Udemy or Skillshare.
Pick Up Freelance Work
Platforms such as Fiverr, Freelancer, and Upwork are popular online marketplaces that connect freelancers and clients. You can list your services on these sites and check out the opportunities available. You can do freelance work in a number of different fields—for example, writing and editing, marketing, graphics and design, programming, and translation.
Many remote moneymaking ventures can be started with little or no money, said Hogue from My Work From Home Money. You don’t have to spend hundreds for an online course or mentorship; you can find information you need for free online or at a low cost through an ebook.
The Bottom Line
Growing your venture takes time, and you’ll likely need to put several different income streams together. Find ways to incorporate different moneymaking aspects into one business model. For example, you may be focused primarily on making money through vlogging, but you also bring in funds with affiliate marketing and an online course you created that teaches others how to build their own YouTube channel.
There are lots of opportunities to make money from home; don’t be afraid to try out different options to determine the best fit for you.
Ease the financial burden with these money-making ideas!
Did you know that New Zealand is one of just four industrialised countries where a large percentage of the population works over 50 hours a week?
For many Kiwis, these hours are spent working a second job to earn extra cash.
Even then it can still be difficult to make ends meet without a loan or credit card!
If you’re looking for opportunities to supplement your regular job with extra income – whether you’re paying off debt or saving money – there are plenty of ‘side hustles’ out there that could be right for you.
To help make your life a little easier, we’ve collated a diverse range of money-making opportunities that will still leave you with energy and time for your main job.
Better still, they don’t require any experience or specific skills.
Some of these include:
- Why making the most of your spare room makes a lot of. cents.
- How selling stuff you don’t need can earn you some extra dollars, fast.
- And the survey says. you could make some extra money!
To start, let’s look at making some spare cash with your spare room.
1. Utilise your spare room
Without much effort, that empty spare bedroom could be making you a respectable amount of cash.
With Airbnb, of course!
Airbnb is a popular site for people booking accommodation.
It’s also a place where – as an Airbnb host – you can rent out your room for short periods of time.
As the host, you have the freedom and flexibility to determine the room’s availability, price, and check-in times. Alternatively, if you’d prefer a regular, stable income, you could consider taking in a boarder.
So long as you’re agreeable to someone sharing your living space, that is.
Students and seasonal workers make ideal boarders. Just be sure to create a ‘boarding agreement’ to set out the terms of agreement between yourself and the boarder to cover off a range of situations in order to protect both parties.
2. Become a Mystery Shopper
If you love to shop or have an appreciation for good customer service, there are opportunities around the country to become a Mystery Shopper and get paid for each assignment.
You’ll need to be “reliable, have an eye for detail, a great memory, have excellent written and oral communication skills, good time management, and the ability to follow directions with ease.”
To get started, simply register your interest on websites like Quality Shopper.
3. Become an Extra
Do you dream of being a movie star?
Or at least a patient on Shortland Street?
The good news is you can also get paid for your fifteen minutes of fame.
Talent agencies are always on the lookout for a diverse range of people of all sizes, age, and ethnicities to appear as Extras in commercials, TV shows, and movies.
A quick Google search will turn up the relevant agencies, as well as any call-outs for extras.
No experience or skills are required, but you do need to be available for a few hours at a time, and be content to stand around a lot. Just make sure you remember to read the fine print on any agreement to make sure you’re not paying for the chance to be an Extra – they should be paying you!
4. Sell your stuff
A quick and easy way to raise some cash is to sell stuff you no longer need.
It’s also a great excuse to declutter your place at the same time.
Clear out your wardrobe, cupboards, book shelves and garage. If you’re selling items online, a good photo of the item can go a long way. Especially for clothing. Just make sure the item is well lit in the photo and tidily presented.
If you’re the art or crafty type, there are loads of marketplace sites where you can sell your products to the world. Even if your thing is knitting tea-pot cosies, there’s a market out there wanting to buy your creation.
5. Sell your photos
Most of us carry a camera in our pocket, so why not generate some money from your best photos?
Magazines, websites, and graphic designers are always looking for images to illustrate their stories and content. They generally purchase these images from royalty-free stock photo sites, and some of these allow any photographer – that’s you! – to upload their own photos for licensing.
Better still, there are a number of stock photo sites dedicated solely to New Zealand images.
To start? Simply upload your photos to one of these sites, and you’ll receive a percentage of the licence fee when the right to use the photo is purchased.
Heck, you may even sell the same photo many times over!
6. Think local
It turns out there are a raft of traditional jobs you could be paid for in your own neighbourhood or apartment complex.
There are also a variety of innovative job opportunities sitting right under your nose!
WHILE YOU’RE HERE:
For example, while many people these days are composting their food scraps to reduce waste ending up in our landfills, others don’t have the time or resources. Setting up and managing composting worm farms for neighbours could earn extra cash while helping the environment.
And there’s the added sideline bonus of selling the worm tea (the liquid concentrate of worm compost) as plant food.
7. Complete online surveys
Here’s a job you can perform while wearing your pyjamas; completing online surveys!
Signing up is free, and you can complete as many or as few surveys as you like.
Google ‘paid surveys’ and start signing up.
8. Casual work
If you’re up for casual shift work then Sidekicker is an example of an ‘on-demand staffing’ app we’re likely to see more of in the future as the traditional nine-to-five day job disappears.
Sign up and Sidekicker will send you notifications when shift jobs are posted.
If you’re interested? You simply apply online, turn up, work your shift and get paid.
Most current jobs are hospitality and promotional marketing type roles, which are perfect if you’re looking for after hours work.
9. Drive for cash
Have wheels? Then you have the potential to make extra money.
Both Uber and Zoomy match drivers with passengers requesting rides through an app. As an Uber or Zoomy partner you set your own schedule and make money from trip fares.
As Uber and New Zealand-owned Zoomy gain popularity around the country more opportunities to become a driver are becoming available. To get started as a driver, you and your vehicle must meet a number of criteria and regulatory requirements from NZTA.
A little extra can go a long way
The opportunities to make extra cash on the side are diverse and many. After taking care of your tax obligations on any extra income earned, you’ll be on your way to paying back your creditors and saving money, while enjoying lots of new flexible work experiences!