2020 Best 10 Ways To Make Extra Money Each Month
If you’re looking formsome ideas on how to make some extra cash eah month without having to get an extra job then keep reading because on this post we’ll be looking at 10 side hustle ideas you can work on your spare time. Some are very traditional others involved a lot of new websites that allow you to make money directly from you computer.
It’s also important to mention that some of these ideas work more like businesses and others more like jobs. With that I mean that some will take some time to start earning money but precisely those ones have the largest potential income, while others will pay like a regular job, you put some hours and you get a fixed amount of money in return always, no matter how long you’ve been working on it, so try to implement a couple ideas so you don’t get discouraged if you don’t see money right away.
1. Start a Blog
Blogging has become a very popular method to make some money on the side, it’s really cool because you can write a blog about anything and you will probably find an audience.
Some of the most popular niches are fitness, cooking, personal finance and travel but don’t be afraid to try different topics, nowadays there’s an audience for everything on the internet.
Once you start getting visitors you will have a plethora of ways to monetize your blog and you will have to find what works best for your particular niche, some people get enough traffic that they can make a lot of money by only running ads. Running ads will not pay much at first because you’ll have to start with adsense but as your traffic grows you can move to Adthrive or Mediavine and make a pretty good money for the ads.
Other ways of monetization are eBooks and eCourses where you teach your readers a particular skill for some money, this is a pretty good way to make money because once you’ve completed building the course/writing the book you don’t really have to do anything.
You probably haven’t heard about this one before, but it’s 100% legit. Some people are making a pretty decent living by just transcribing stuff. There are websites entirely dedicated to this business like TranscribeAnywhere
Though keep in mind that transcription works like a businesss and it will take some time before you start making good money from it but it could acctually be one of the best side income methods after you put in the time.
3. Become an English Teacher (Online)
If you’re a native english speaker and want to make some money on your spare time this one’s for you. Some may require a Bachelor’s degree (any degree you don’t need a degree in English Literature or anything like that). Most of the jobs entail teaching English to foreign kids.
Some of the sites you can check out are VIPKIDS, gogokid, HAWO andEF Education First.
Be sure to apply to most of them so you can increase your chances of becoming an english teacher online also before applying be sure to read more about it and read the terms and conditions.
4. Complete Surveys
Answering surveys has become very popular in the last years, there are a lot of companies willing to pay you for answering a couple questions. It might sound weird or scammy but keep in mind that businesses are always trying to find out how their consumer’s behave so it’s normal that they for it. Just be warry of sketchy sites that promise to pay a lot, most of the real sites will pay with gift cards though there are some reliable websites that will actually pay cash (figuratively speaking because it’s actually paypal but you get the idea). Anyway here are a couple sites you can check to start making money by completing surveys:
5. Become a VA
You can also become a virtual assitant, this basically means that you will hel other people on particular tasks like answering emails, social media management, travel arrengment, research among other similar tasks. The plus side is that you can do all this stuff from you computer on your spare time.
Beside it’s not hard to get a job as a VA, nowadays the demand for virtual assistants is really high, a lot of entrepreneurs need people to help them out with a variety of tasks.
You can start by looking at Facebook Groups targeted to bloggers, look through them and you will probably find someone looking for a VA, if you want to do it through a website you can use Zirtual or Fiverr.
If you have a good camera (though your smartphone camera will probaly be enough too) you can start making money by selling stock photos. It basically works this way: companies, bloggers, designers etc. usually need photos for their work but they can’t just go to google and pick whatever photo they find because they could get in legal trouble, so what they do is to pay a stock photo company for the right of photos that they can use freely without having to give credits or pay any royalties, you can actually upload your photos to those sites and make some money. Sites pay very differently and it will probably take a while before your photos get popular but once they do you will be making money by just uploading a couple of photos. So definitely give this method a try.
If you don’t know where to start you can check these websites: iStock and Shutterstock.
7. Drive People Around
A more traditional side job because you have to actually do it away from your laptop but still a side hustle that gives you a lot of freedom. You’ve probably used Uber or Lyft so I don’t need to explain you how they work, it actually allows you to work whenever you want for as long as you want, all you have to do is get their approval download the app and start driving. Pretty straightforward way to make some extra bucks each month.
8. Rent a Room in Airbnb
On this method you don’t really have to do anything, but you need to have a spare bedroom which might not be the case. If you do consider renting it you can make some decent money each month, if you live in a city where there’s a lot of tourism you can probably make a lot of money by just renting it.
Besides this method works all around the world unlike most of the previous methods that only work in the Us, so if you live outside the US you can still give this method a try. As Airbnb works in almost every country it doesn’t matter where you’re reading this post from, you can try it.
9. Become a Freelance
If you some particular skills like graphic design or writing you can freelance those skills on the internet. You can use sites like Upwork or Fiverr.
You can basically freelance any skills you have, there’s work for web developers, virtual assistants, accountants, graphic designers, writers among many other professions so there’s probably something for you.
10. Walk Dogs
Pretty straighforward if you don’t like working on these new websites and you want something more traditional you can consider pet sitting or walking dogs couple of times per week. You wan’t make a lot of moeny if you just walk a dog but if you gather a couple and do it a couple of times per week you can actually make some decent money every week, if you like dogs you’ll probably won’t even see it as work so there’s taht too.
With taht, we finish this post, check out the rest of the website for more articles on personal finance, investing, credit and much more. If you found this post useful useful be sure to share it on your social media and follow us on pinterest.