7 Ways to Make A Little Extra Money On The Side
July 6, 2020
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A little extra cash is always welcome, especially now during a global pandemic. Today, we’re highlighting a few ways for you to make a little extra money on the side.
Keep reading for ideas on getting your side hustle started.
What it is:
Like the title suggests, this is part-time food delivery. You’ll get paid a delivery fee for each food item you hand over to the customer. Depending on your city, you may also get a per mile or per minute wage.
Although you probably won’t make more than minimum wage, delivering meals can supplement your income.
How it works:
If you live in an area Uber Eats serves, all you need is a reliable car, bike, or scooter. To get started, sign up through Uber and go through their screening process. Once you’re set up, you can set your own hours and track earnings in the app.
What it is:
Turn your passion for gardening, choreography, photography, writing, cooking, or personal training into a small business. Offer up your hobby service for $10 to $20 per session or hour to make a couple bucks doing something you love..
How it works:
Spread the idea through word of mouth or an online personals platform like Thumbtack, then have anyone who participates write you a review. Put these reviews on a Facebook page or a simple website.
What it is:
You can take any skill you’re an expert in and turn it into a passive income stream. A successful course can net you anywhere from tens to hundreds of dollars per download. With proper promotion, you could be making money without lifting a finger.
How it works:
Choose a topic or skill you have outside confirmation you’re good at and build out a syllabus. Include all the basics that you think a newbie would need to know to be successful. You can shoot your course using your computer’s camera or using video editing software.
Once you’ve completed your course, use a platform, like Udemy or Thinkific to host it.
What it is:
Charge guests to stay in a spare room when you're around or the whole house while you’re gone.
How it works:
Sign up on websites like Airbnb or Homeaway to start renting your space out. If you’re in an apartment, beware of restrictions your landlord may put on renting out your space.
What it is:
Become a Tasker, doing small tasks and errands for people. Think grocery shopping, cleaning, delivering items, or moving stuff. The site also has contactless tasks, so you can social distance and still work.
How it works:
Fill out an online application and attend an info session in your city. Then, sign up for nearby tasks in your area through the app.
What it is:
Take local dogs on walks for money. You can earn between $15 and $30 per visit, depending on how much experience you have.
How it works:
Go it alone and post flyers, or download one of the popular dog-walking apps, Wag! or Rover. If you take the app route, once you’re vetted the app will match you with clients. Then start walking. Ask friends and family with pets you have watched to give you a positive review on the app. Reviews help your ratings.
What it is:
If you have some savings built up, try putting it in a high-earning savings account. These accounts will pay you interest—which is cash in your pocket—for keeping your money with their bank. This is another choice for a passive income stream.
How it works:
Say you put $1,000 in this account. You’ll earn up to $28 by doing nothing after a year. It’s not a huge amount, but every bit helps.
If you’re looking to make a little extra money right now, give one of these ideas a try.Pair a side hustle with a solid budgeting plan, and you’ll see a healthier bank account in no time.
Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s).
A little extra cash is always welcome, especially now during a global pandemic. Today, we’re highlighting a few ways for you to make a little extra money on the side.
Keep reading for ideas on getting your side hustle started.
Part-Time Uber Eats Delivery
What it is:
Like the title suggests, this is part-time food delivery. You’ll get paid a delivery fee for each food item you hand over to the customer. Depending on your city, you may also get a per mile or per minute wage.
Although you probably won’t make more than minimum wage, delivering meals can supplement your income.
How it works:
If you live in an area Uber Eats serves, all you need is a reliable car, bike, or scooter. To get started, sign up through Uber and go through their screening process. Once you’re set up, you can set your own hours and track earnings in the app.
Monetize Your Hobby
What it is:
Turn your passion for gardening, choreography, photography, writing, cooking, or personal training into a small business. Offer up your hobby service for $10 to $20 per session or hour to make a couple bucks doing something you love..
How it works:
Spread the idea through word of mouth or an online personals platform like Thumbtack, then have anyone who participates write you a review. Put these reviews on a Facebook page or a simple website.
Build an Online Course
What it is:
You can take any skill you’re an expert in and turn it into a passive income stream. A successful course can net you anywhere from tens to hundreds of dollars per download. With proper promotion, you could be making money without lifting a finger.
How it works:
Choose a topic or skill you have outside confirmation you’re good at and build out a syllabus. Include all the basics that you think a newbie would need to know to be successful. You can shoot your course using your computer’s camera or using video editing software.
Once you’ve completed your course, use a platform, like Udemy or Thinkific to host it.
Rent Out A Room
What it is:
Charge guests to stay in a spare room when you're around or the whole house while you’re gone.
How it works:
Sign up on websites like Airbnb or Homeaway to start renting your space out. If you’re in an apartment, beware of restrictions your landlord may put on renting out your space.
Work for TaskRabbit
What it is:
Become a Tasker, doing small tasks and errands for people. Think grocery shopping, cleaning, delivering items, or moving stuff. The site also has contactless tasks, so you can social distance and still work.
How it works:
Fill out an online application and attend an info session in your city. Then, sign up for nearby tasks in your area through the app.
Walk Dogs
What it is:
Take local dogs on walks for money. You can earn between $15 and $30 per visit, depending on how much experience you have.
How it works:
Go it alone and post flyers, or download one of the popular dog-walking apps, Wag! or Rover. If you take the app route, once you’re vetted the app will match you with clients. Then start walking. Ask friends and family with pets you have watched to give you a positive review on the app. Reviews help your ratings.
Earn Interest on Savings
What it is:
If you have some savings built up, try putting it in a high-earning savings account. These accounts will pay you interest—which is cash in your pocket—for keeping your money with their bank. This is another choice for a passive income stream.
How it works:
Say you put $1,000 in this account. You’ll earn up to $28 by doing nothing after a year. It’s not a huge amount, but every bit helps.
If you’re looking to make a little extra money right now, give one of these ideas a try.Pair a side hustle with a solid budgeting plan, and you’ll see a healthier bank account in no time.
Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s).
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Writer Bio
Tiffany Verbeck
Tiffany Verbeck is a personal finance freelance writer and podcaster. You can find her full portfolio and the latest episodes of The Poor Me Podcast at www.tiffanyverbeck.com.