Given a choice, everybody would perhaps like to have an extra income. But for many people, the idea does not work out in practical terms. While they do want to have a side hustle, they are never sure how and what to do. To help such people come out of their inertia, we have prepared a list of 10 ways to make extra money this month. Your money-making dreams should not wait for the right time. Rather, it should start immediately.
1. Facebook Marketplace
Have you checked out Facebook’s Marketplace recently? This new feature allows you to buy and sell new and used items through Facebook Marketplace. Put everything extra and useless that you may have at your home up for sale here. You can also run a full-fledged business here. So enlist your regular business items also. At the end of the month, you will have decent money coming from these items.
2. Rent Out Your Home
Have been thinking about approaching AirBnB for letting out your home or parts of it to vacationers. You should go ahead with the idea right away because every minute that you delay this decision is a loss in terms of money. Homestay is catching up fast and people prefer to stay at somebody’s home for the love and care that it brings instead of a hotel where services are increasingly becoming impersonal and profit-oriented.
3. Get into Cryptocurrency
If you have not already started trading in cryptocurrencies, it is worthwhile to try it this month. Even if Bitcoin is out of your range of purchasing capacity, the next in the line such as Ethereum, Litecoin, or Bitcoin Cash make great investment options. Even a small up and down can mean a good sum of money. The market is small with about 2000 altcoins. Spend some time trying to understand the prices and dynamics of the market. You will surely find a way to make money here.
4. Freelance at Fiverr
If you have some saleable skills like web development, writing, editing, or something else, trying selling it on Fiverr or Upwork. IT will take only a couple of hours for you to upload all your details and gigs, and then wait for the employers to search you with their work. When you find work, do it and make money. When there is no work, use the time to make money elsewhere.
5. Social Media Management
There is so much happening on social media that everybody wants to be there, especially businesses and high-profile personalities. They want their brand voice and identities to be recognized by the ever-growing crowd of people and businesses on social media. You can tap into the craze and create a business for yourself as a social media manager.
6. Freelance Writer
If playing with words is your hobby, let this skill earn you some money this month. Look out for suitable writing opportunities on Problogger or a job portal and find some writing work for yourself. Working from the comfort of your house, you can make a decent income as a freelance writer.
7. Graphic Designer
Are you good at Photoshop or CorelDraw or more of these software? If yes, you can make a good income working as a graphic designer. Try to find some work from the job portals. Graphic designers are much in demand in the printing industry as well as in the online and digital media.
8. As a Tutor
If you are recently out of the school or college or have been a teacher, you have a great scope for making money as a tutor. Children’s education is a serious matter that no parents want to be lax about. Check out local classifieds or place an ad offering your services as a tutor. This is an easy and reliable source of income.
9. As a Virtual Assistant
Now is the time to work remotely. Thanks to the internet, the office is no more a physical entity. You can offer yourself as a virtual assistant working from home with a high-speed internet connecting you with other members of the office on live chat. You do the functions expected from an assistant, keeping records, emailing.
10. Organize a Webinar & Sell a Product
If you have a great contact list of emails and friends and followers on social media, you can organize a webinar and sell a product such as an online training program on how to earn $5k or more as a copywriter.
Final Thoughts
There are a great many ways to start earning money immediately. Here, we have offered a list of 10 such ways. You can find more depending on your skills and orientation.