Ways to Make Money on the Side
These days, it feels like it’s harder than ever to make money. Unless you have a posse of roommates, or a spouse who makes a ton of money, you feel like you’re constantly trying to make ends meet. One person’s salary just doesn’t cut it, unless you’re in a great job with even better pay. If you’re struggling to make the money you need each month (let alone start saving) then you’re probably interested in ways to make some more. You’re already working full time, so none of these side jobs should take up much of your time. For help with your financial conundrums, take a look at the following list of suggestions.
Become a Landlord
One of the best ways to make money on the side is to purchase a rental property. While you will need to be there for your tenants, with only one rental you won’t be swamped with problems and tenant requests. A rental property is a solid, guaranteed method of income, and that extra rent could be a financial blessing each month. Plus, you can advertise rental property for free, making it even easier to turn a profit.
Become a Freelancer
Not everyone can make it as a freelancer, but if you already have a skill, like tutoring, teaching, writing, graphic design, IT, or more, you might be able to make some money on the side freelancing. There are plenty of sites, like Upwork and Guru, where you can start applying for jobs. If you work a little in the evenings and on weekends, you might be able to earn an extra grand or two each month, once you climb the ladder to better jobs.
Start an Online Store
A great way to make money online is to start an online store. If you can get customers shopping for products on your website, you can make a cut every time they purchase a product. You’ll have to decide on an angle, purchase a domain name, design your site, set up a merchant account, and more–but if you start getting some traffic on your site, it can be a great way to make a nearly-passive income.
Open an Online Video Course
If you’re skilled in a certain area (master’s in child psychology? A chef? A mechanic?) then you probably have a talent you could share with other people. Consider starting an online video course, where people can pay to watch tutorial videos of your specific skill. You’ll want to have credentials and professional-level videos created, but your course could start earning you some passive income.
Start Youtubing
Not everyone can make it as a youtuber, especially because it’s so packed with competition. If you want to make it as the next big makeup tutorial girl, you might have some trouble wading through the thousands (probably millions) of others who are trying to do the same thing. You might, however, have a talent, a skill, or a passion that’s unique in some way. Start out just for fun, and you might find that eventually, your YouTube channel brings in some spare cash.