Often the end of the month can be difficult because there’s not enough money left to treat ourselves or our loved ones. Our instinct is to cut spending. But why not increase your income instead of making more sacrifices? Some options will take you time but there are also ways to make passive income. There’s even the possibility of becoming financially independent! Here are some ideas for making extra money to make ends meet. It’s up to you to decide what type of income you want based on your personality!
1 – Making extra money easily by having a garage sale!
It’s time to clean the garage, the house and the closets! You can sell anything you no longer use or never used! It’s a one-time income but it’s quick and fairly easy. There are also places that will buy your books, CDs, clothes, etc. This is an effective and practical way to make extra money!
2 – Dogsit or babysit animals/kids!
Babysitting children or pets is within the reach of almost everyone. Of course, you need to have a sense of responsibility and time, but it’s a good way to make some money to make ends meet and have recurring extra money. Word of mouth is a good way to start, but there are also websites to connect you with families. In addition, you can advertise on sites like kijiji.
3 – Give lessons in your native language, or in another area of your expertise
Many people are looking for someone to help them learn another language but don’t have the time to take classes by going to school. Some are willing to pay top dollar for this online learning with flexible hours. Of course, this is not a job to be taken lightly as you must “deliver the goods”. You can also teach or support students if you have skills in other areas and take advantage of them. There are people who want to improve in a field or simply for the pleasure of learning. You can advertise on websites like kijiji. Subscribe to more advanced online platforms to connect with students on site or online via a communication tool like Skype or Zoom. In this case you have to pass skills tests and provide your certificates, but it can also become a regular source of additional income.
4 – Freelancing
No matter what area of expertise you have, you can take advantage of it by freelancing on a part-time or possibly full-time basis. Freelancing means working on your own for one or more organizations. You help them in your field of expertise but on a contract basis and according to your schedule and rates. Examples of freelance jobs: translator, graphic designer, digital marketing, developer, data analyst, project manager, scriptwriter.
5 – Making extra money can even be done by writing a book!
In the times we live in, you don’t need to be approved by a publishing house to publish a book. You can publish it directly online on sites like Amazon. It’s quick and easy. Amazon gives you visibility because millions of people go to their site every day. This is passive income since you won’t have to do anything else and you will get money every time your book sells. You can also write for other authors who give you a flat fee for the story and that author will take credit for your script.
6 – Become an Uber/Doordash driver
When Uber was created, many people got into it to create an extra income for themselves. It can be a good way to earn extra money if you live in a big city, but you must have a car.
7 – Cooking for other people
Today with the technology of laptops, internet and cell phones, most people work on average 1-2 months more per year than they did 20 years ago. Work-family balance? Not that easy! So offering a catering service to your neighbors and relatives/friends is not a bad idea. Make your weekly menus ahead of time and cook for everyone at the same time!
8 – Even your house can be making extra money for you!
If you go on vacation every year for a minimum of 2 weeks, renting your home can be a “free” or partially paid vacation. It takes time because you have to clean the house properly, put away your personal valuables, etc., but it’s worth it!
9 – Rent a vacant room
If you have one or more spare rooms in your home and don’t mind having company once in a while, you can rent out your room(s) on platforms like Airbnb or VRBO. Generally, they are tourists, or people who come to live in a new city and need time to find a new home, or people on business trips.
10 – Create a blog or Youtube channel
It is becoming easier and easier to earn income online. More and more people start a blog or a Youtube channel and end up doing it full time!
Having extra income not only ensures that you will be able to pay off your debts but also to live and put money away! Credit2Go can help you with a simple and easy plan to save. For more info, click here! And keep it quiet on social networks if your colleagues are subscribed to your accounts!