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5 Ways to Make Extra Money This Year

extra moneyFirst of all, the title of this article is probably a little bit misleading. Of course, there is no such thing as ‘extra’ money. All money is important, and you should value every dollar that you are able to earn.

However, in this context, ‘extra’ simply means money that you are able to make beyond your usual salary. If you normally earn $50,000 per year working at your regular job, and money that you make on the side beyond that could be considered ‘extra.’

Picking up a side hustle is a great way to pad your budget while possibly engaging in an activity that you enjoy anyway. If you can be smart about your second job, you could turn it into something that is both a hobby and a money maker. Following are five ideas that you may want to consider in order to bring in some extra money in the year ahead.

Serve Your Neighbors

Some people love to spend time outside doing yard work and odd jobs rather than sitting on the couch in front of the TV all day. If that sounds like you, consider offering your services to neighbors for a fee.

Even if they only pay you a small amount, you can make a little bit of money while getting exercise and making your neighborhood look great. Not only is this a good way to make money, you might even make some friends in the neighborhood while you are at it.

Drive Your Car

One of the newest ways to make money is by becoming a driver for services like Uber and Lyft. These are on-demand services where customers can request a ride and you simply go pick them up and take them to their destination. This won’t be a viable option for people in all areas, but those who live in or around a big city could make a nice extra income by driving periodically.

Can You Write?

As you know, the Internet is huge, and most of it is filled with words. Someone has to write those words, meaning there is an incredible demand for freelance writing in today’s economy. If you have any writing talent, you might want to pursue a few side writing jobs to bring in additional income.

The best way to get started is to focus on an area of particular expertise that you may have, such as a field of business you have worked in or a hobby that you have mastered. If you don’t want to write, there are many other ways to earn extra income online. You can be a VA, or you can even make a little extra money by using portals like Swagbucks for your shopping or search needs.

Liquidate Some Possessions

You don’t need to sell off everything you own, but moving out a few pieces of clutter that have no meaning to you can be a good way to bring in extra money and clear space at the same time. EBay is great for this purpose, as are classified ad sites such as Craigslist.

Ask for More Work More at Work

One of the easiest and most obvious places to look for additional income is at the job you already have. Ask about the possibility of a raise or overtime to make more money without having to pick up a second job.

 

Do you want to earn extra money this year? What are you going to do to earn extra money? Have you tried any of these methods of earning extra money?

 

Photo courtesy of: StockSnap

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John Schmoll is a Dad, husband and veteran of the financial services industry. He's passionate about helping people learn from his mistakes so that they can live lives free from the shackles of debt and empowered to make their money work for them. You can check out his other sites: Frugal Rules, for ways to improve your financial literacy; and Sprout Wealth for tips on different ways to make more money. John has been featured on Forbes, Lifehacker, Yahoo Finance and US News & World Report and more. If you're wanting to grow your blog, check out my blog coaching services to see how I can help you take your site to the next level.

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One comment

  1. I’ve done most of these things, but I’m still waiting on my Uber application to go through so I can try that one out!
    Josh @ FamilyFinancier recently posted…Personal and Financial Goals for 2016My Profile

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