It's never fun living waiting for the next paycheck. You might feel unprepared for emergencies, and it may be difficult to save extra money.
But it's possible to stop living paycheck to paycheck. Whether you want to pay off debts faster, reach certain financial milestones, or just want some money for fun, there are ways to do it.
So if you want to become a side hustler, here are some easy ways to make extra money.
Earn as much as $1K doing simple online tasks
A company called Freecash has compiled all sorts of quick cash tasks from about a dozen advertisers and market research companies thirsty for more data. Freecash has paid out over $13 million to users since 2019, and has over 50,000 five-star reviews on Trustpilot.
Sign up here to see how much you could earn.
House sitting
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House sitting allows you to leave your familiar abode and enjoy a new one for a while. See it as taking a vacation and getting compensated for it. You look after people's homes when they are away for an extended period of time.
Many pet owners need a house sitter if they can't bring their pets along on a vacation, so they may need a house sitter.
On average, home-watching may earn you up to $1,349 every week at $33.73 per hour. That's a potential income of more than $5,000 every month.
Drive a wrapped car
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If you own a car, you could make money by converting it into a moving billboard. To be considered for this job, you must have a clean driving record, drive a specified number of miles and hours each day, and own a reliable vehicle.
You may be able to earn between $100 and $500 every month. Carvertise and Warpify are two well-known ridesharing advertising firms. You can learn about how and when to apply by visiting their websites.
Be a virtual assistant
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Virtual assistant (VA) jobs include a wide range of skills that you may already have. Typing, data entry, writing, proofreading, and project management are a few of the many skills that people look for in a VA.
You could offer one or more of these services from the comfort of your home. VAs who have mastered a certain skill set may earn more.
The average hourly compensation for a VA is $20. You could net close to $1,000 each month if you work an average of 12 hours per week. Outsourcely and Freelancer are two websites where you can find VA jobs.
Stop overpaying when you shop online
Tired of chasing coupon codes and comparing prices across tabs? Try Capital One Shopping — a free browser extension that scours the internet for coupons and flags better prices while you shop.
Add it today and you could stop overpaying!1 <p>Capital One Shopping compensates us when you get the browser extension using the links we provided.</p>
Create a course
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Developing informational products for eLearning can be an income source. According to Udemy's SEC filing, the average income for an instructor on the platform in 2020 was $2,950.
Over 9,000 instructors earned more than $1,000 per year. Extrapolating from this report, you could earn up to $250 each month.
Here's where it gets interesting. Selling courses as a side hustle is not a one-time affair because a course may increase in value and price over time and can provide a consistent source of passive income for many years to help you grow your wealth.
Ridesharing
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For a fee, pick up and drop off passengers in your private car. Uber and Lyft are the best-known apps that allow people to request a ridesharing service.
Once you have a vehicle that meets the company's specifications, you can sign up to drive with Uber or Lyft.
Peer-to-peer lending
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Making money as a lender may not have crossed your mind. If you have spare cash, peer-to-peer lending is an investment option available through P2P lending sites.
You can invest as little as $25. Depending on how much and how long you invest, you may earn 2% to 6% on your loan. With a good portfolio, you may earn up to 10% annually.
Interest from the loans you invest in is credited to your escrow account each month. You may earn higher rates when you reinvest or invest for a longer period of time. Joining a P2P marketplace like Prosper can also help you connect with borrowers.
Charge scooters
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If you live in a big city where scooters abound, charging electric scooters is a creative way to earn money. A scooter-sharing app called Bird assists you in locating scooters that you charge and then return to their owners.
You may earn between $3 and $20 per scooter, depending on the ease or difficulty of finding them. Your monthly take-home depends on how many you can charge in a month and the payout for each of the scooters you charge.
Consulting
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If you have deep knowledge of an industry or years of experience working in a niche, you may already know how to make extra money on the side.
Using your network, you can help a company solve problems or prevent them and help improve performance. As an expert, you give opinions, analyses, and recommendations to individuals and organizations. It's also a low risk with high returns.
Being a good networker is the key to finding clients. Using your social media pages, you can begin to position yourself as an expert in a niche.
Narrate audiobooks
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If you can soundproof a room in your house and invest in good microphones, audiobook narration can be a lucrative side venture. By just talking, you could make between $50 and $350 per hour.
ACX is one marketplace for would-be narrators. You'll need to register and upload audition samples to connect with publishers to create audiobooks.
Resolve $10,000 or more of your debt
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.2 <p>Clients who are able to stay with the program and get all their debt settled realize approximate savings of 45% before fees, or 20% including our fees, over 12 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Please consult with a bankruptcy attorney for more information on bankruptcy. Depending on your state, we may be available to recommend a local tax professional and/or bankruptcy attorney. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating.</p>
Sign up for a free debt assessment here.
Evaluate search engine results
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You can earn money by evaluating search engine results to ensure they are accurate, relevant, and spam-free. Search engines do not directly recruit search engine evaluators. Instead, they outsource the entire process to contractors, who hire and train you to do the work.
Appen is a good place to start. You possibly can earn about $5 to $17 hourly. At $17, your annual salary could be $35,471, which would give you approximately $3,000 monthly.
Bottom line
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If you're lucky or work really hard, your side hustle might snowball into a lucrative business that you can run full-time.
When choosing a side hustle, consider how much time you can devote to a job. Assess how much money you may potentially make in a month and whether it is in line with your financial goals.
If you don't already have the skills required for the job you might like to pursue, you may need to learn a new skill. And remember that the best side hustles are the ones that help you get ahead financially and that you enjoy so that it becomes something you're excited to do.
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