It is always joyful when you make extra money as you can spend, save and invest more. Do you want to make an extra $1,000 or $10,000? Of course, there are details to iron out such as what you’ll do and how you’ll find people to pay you for it. That’s what the rest of this guide is for.
Selling Your Old Stuff
Your closet, garage, or attic is probably full of perfectly good things that you just don’t use anymore. Instead of letting them sit there collecting dust and getting in your way, why not sell them for some extra cash?
Depending on how much stuff you have, you could certainly earn an extra $1,000 doing this. This is especially true if your parents or grandparents will let you comb through their old stuff and sell it as well.
That being said, this probably isn’t the best way to consistently make extra money. To do that, you need to branch beyond selling your stuff and into selling other people’s.
Cleaning is something that has to be done, but many people don’t have the time or desire to do it. This is where you come in — with just some simple cleaning supplies and a few hours per week, you can earn great money.
To maximize your earnings, we recommend doing this gig solo. You’ll get to keep all the money you earn, and you can often charge a more competitive rate than a bigger cleaning company. Getting started is as simple as asking around, and it’s easy to charge $100 for a small house or apartment. Do that 10x per month, and there’s your extra $1,000.
Many parents will do anything to help their kids succeed, even if it means spending lots of money. Tutoring is a prime example of this. After all, how is your neighbor’s kid going to get into Harvard at age 15 if they can’t pass their first-grade algebra class?
Okay, this might be a bit of an exaggeration, but lots of parents freak out when their kid is struggling even a little bit in school. To fix this, they’ll often hire a tutor, and that tutor could easily be you. As long as you know more about a subject than a kid and are good at explaining things, you can be a tutor (though some parents may want you to have certain test scores or grades in certain courses).
Reading and math are definitely the most popular subjects, but you can tutor anything that kids’ parents are willing to pay for. To maximize your earnings, we recommend being a freelance tutor, but you can also earn decent money working for a tutoring company.
Working as a Virtual Assistant
There are lots of busy professionals who have way more money than time. Therefore, they’re willing to pay to get some of their time back. This is the whole premise behind hiring a virtual assistant (VA) — you do the things that a busy person doesn’t have time to do.
Many people associate virtual assistants with outsourcing, but there’s actually a sizable market for native English-speaking VAs based in U.S. timezones.
If you’re organized, responsive, and don’t mind dealing with stressed out, sometimes demanding professionals, then this can be a great gig. Your job will generally consist of scheduling appointments, booking travel, answering calls and emails, and doing whatever else the person you’re assisting is too busy to do.
Help People Move
If you’ve ever moved to a new house or apartment, you know how much of a pain it is. It’s time-consuming, laborious, and often frustrating. For this reason, most people who can afford it will hire movers.
If you’re organized, careful, and capable of lifting heavy things, then you can start your own moving business today. Having a truck or other large vehicle also helps, though it’s not strictly necessary.
You can easily charge $100 for a small moving job (often more), so this is an awesome gig to earn the extra cash you’re looking for.
This might well be the holy grail of earning extra income. There’s a lot of b.s. in the consulting world, but it can be a perfectly legitimate field. As a consultant, you help businesses (or sometimes individuals) overcome a particular problem. Generally, the goal is to help a business make more money.
If that sounds insanely broad and generic, it is. But that’s the beauty of consulting. If you can help a business make more money, then you can basically charge whatever you want, provided it’s less than the amount of additional money you’ll help the business make.
Here are just a few things you could consult on:
- Website design
- Website copy
This is a very broad category, but we wanted to include it because sometimes making extra money is as simple as getting a good ole fashioned part-time job.
Assuming you can work 20 hours per week, you just need to find a job that pays at least $12.50 an hour in order to hit the $1,000 per month target. It may not be the sexiest way to make extra money, but it’s proven to work.
Having a website is a must these days, yet so many businesses and individuals still don’t have one. This is a great opportunity for anyone with web development skills to make some serious money.
Our web developer, Martin, was able to charge $1,000 for a basic website when he was freelancing. And those development skills eventually led him to a full-time career working for College Info Geek. So whether you want to make some extra money on the side or enter an in-demand, well-paying field, web development is worth learning.
I’m going to start with a method that’s near and dear to my heart. Freelance writing was the first way I started making serious money when I was in college, and I still think it’s a great thing to try if you have writing skills.
There are a ton of companies out there that need written content, including blog posts, video scripts, website copy, and more. They’re willing to pay, too; a starting writer can easily charge $50 for an article.
More experienced writers can charge $150/article or more, depending on the length and subject matter. Work your way up to that level, and writing just two articles a week could net you $1,200 a month.
Companies aren’t just hungry for written content; they’re also constantly in need of graphics, illustrations, logos, custom slide decks, and other graphic design assets. If you’re artistic or enjoy design, this can be a great way to make money.
The steps for getting started with freelance graphic design are fairly similar to freelance writing. You can search on Upwork, Fiverr, or even 99designs for gigs. Alternatively, you can ask around campus to see if anyone needs design help. Making business cards and logos for people can be an especially fruitful place to start.