IDEAS FOR MAKING MONEY
TAKE ON PART-TIME WORK7
You can make extra money on the side by babysitting. This is probably the quickest way, Babysitters can create a free profile and interview with families for babysitting jobs in their area.
You can make extra money by tutoring kids. You don’t have to be an expert and you don’t have to have a teaching degree. You can simply reach out to local schools or post on Facebook that you’re offering these services, or you can go through a site like Tutor.com where you can apply for tutoring jobs online.
You can get paid to drive people to and from places with Uber. The nice thing about Uber is that it’s on your own time – you don’t have to have a set schedule and can work whenever you want to make money. You get to keep 80% of what you earn on the rides and Uber keeps 20%.
You can take on a part-time job as a server or bartender and make extra money quickly. Usually, servers and bartenders are paid out in cash, so the sooner you start the sooner you’ll have cash in your pocket!
You can get paid to coach people doing a variety of different things. From fitness to health to finances to goal-setting, if you have experience in an area, you can learn how to be a coach and make money coaching other people. You can create a website to promote your coaching and turn it into a legit side business.
You can make extra money by working at a retail store, particularly (but not necessarily) if you like fashion or it’s the holiday season. Usually, you can work evening shifts, which makes retail a great avenue if you work a job during the day.
You can make money as a stylist for companies like Stitch Fix. A lot of styling opportunities are part-time and provide great flexibility.
You can learn how to become a bookkeeper from home and make money on the side.
You can earn money as a mystery shopper, which means companies pay you to pretend like a normal shopper and shop at their stores, then report back on how your experience was
TAKE ADVANTAGE OF FINANCIAL INSTITUTIONS
You can put some extra cash in your pocket by signing up for bank offers. Basically, you open a new account when the bank offers you cash for opening a certain account at its institution. Personally, I don’t love this because it requires a lot of moving pieces (opening and closing accounts) and it feels like you’re always at the whim of the bank offer instead of creating a plan and sticking to it (let alone the fine print that comes along with this strategy). However, I know people who do this successfully and term it “free money”, so I didn’t want to leave it out just because it’s not my cup of tea. Here is a post that talks about how to do this.
- Sign up for credit card reward offers.
You can make some extra money (aka cash back or points) from using credit cards. I don’t do this because I choose not to use a credit card, but again – I didn’t want to leave it out for you. Here’s a look at how you can make money from using credit cards.
USE YOUR HEALTH
You can make money by participating in health studies (aka clinical trials). You can search clinical trials in your area here. You have to be accepted into the study, which means you have to qualify. But you don’t have to have a disease. There are lots of studies out there, including sleep studies, and some studies want healthy adults as a control group.
You can earn money through Achievemint, an app that pays you to achieve your health goals. Their website says, “Earn $10 for 10,000 points. There’s no limit to how much you can earn. In addition, earn up to hundreds of dollars for contributing health research.”
You can get paid for giving your plasma. Just like giving blood, except you’re paid when you donate plasma. Here’s a post about how to get paid donating plasma.
INVEST
You can make money by investing in the stock market. There are many different ways to do this, including long-term investing (think saving for retirement) and short-term investing my day trading. Before you start, read this post on asset allocation so you have a basic understanding of what a portfolio is.
You can make money by investing in real estate, fixing it up, then selling it at a profit. Here’s a guide about how to flip houses for profit.
You can make money by investing in real estate through owning rental properties. You buy the house, then rent it out so you make a profit against what the mortgage is (if you have a mortgage). The blog Afford Anything is the go-to resource for rental properties, in my opinion
