Four Ways To Make Extra Money On The Side

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Posted by The Savvy Retiree on March 13, 2017 in Money Saving Strategies, Personal Finances

Andy Fleming writing on making extra money…

Sometimes, all it takes to follow your dreams is a little extra cash in your back pocket. Sure, you could cut back, scrimp and save until you have enough…or you could pick up an easy side job you can do from home.

There’s a lot of ways to make extra money these days, most of which only require a cell phone and/or internet connection. Lots of companies are willing to pay people for feedback or product testing. If you’ve got extra time in the evenings to devote to a side job, you could easily earn several hundred extra dollars per month. Here’s a look at some ways you can make some quick cash today.

1. Sell Stock Photos

Make Extra Money on the Side

Is your phone full of gorgeous shots of your last vacation or the best sunsets over the past month? You can sign up with a number of websites to start turning those photos into money. The easiest way to go about this is to sign up with Foap. Their app will allow you to directly upload photos from your phone onto their service. You’ll receive $5 every time someone buys the rights to one of your photographs. If you have a professional camera and want to earn a little more, you can apply to post photos on Dreamstime and/or Shutterstock. You’ll have to pass an approval, but the payouts through these sites are generally better.

2. Become an Online Teacher

Make Extra Money on the Side

There are three ways you can turn your knowledge and intellect into money: online courses, eBook sales, and YouTube videos. You can sign up with online course sites like Udemy or SkillShare and use their tools and guides to design classes for anyone who’s interested. Both sites require at least some portion of the course to be taught via video, but other than that the only requirement is that your course take at least 30 minutes to complete. The average instructor earns about $7,000 annually and classes cover everything from cooking to website design.

If your knowledge is quite technical, or you don’t feel up to shooting video, you can always self-publish an eBook on your subject of expertise. eBooks average about 40 pages, which isn’t hard to reach if you’re writing on a subject you’re passionate about. Amazon Kindle and iBooks Author will both publish eBooks for free and pay out 70% royalties. iBooks offers lots of tools for creating image-heavy eBooks like cookbooks or how-to guides.

Lastly, you can always head over to YouTube and post some video guides. People use YouTube to search for help on everything these days. How to change their car oil…make a healthy vegetarian meal for a new friend…or change a baby’s diaper. If you can do it, and show other’s how to do it well, you might end up with a high view count before you know it. Any YouTube video with ads enabled will earn you money for every view. You can check out this guide if you need some specific instructions on how to enable ads for YouTube videos.

3. Become A Freelancer

Make Extra Money on the Side

Getting into the freelancing game is easier than ever thanks to the large number of companies who hire workers online. Upwork is the best place to get started. They offer tools to help you build a professional portfolio and they post an average of 30 job listings every ten seconds. Upwork is free and you can freelance in areas, from artistic design, to writing, to sales and marketing.

You may also want to take a look at People As A Service. They require a short interview before you can list yourself as a freelancer, but the jobs pay better and offer more growth opportunities.

4. Become A Mystery Shopper

Make Extra Money on the Side

If shopping is something you do for fun, you might as well get paid for it, right?

By signing up through a company like BestMark or MarketForce you can actually get paid to shop and eat in restaurants. After signing up, you choose shopping assignments and provide feedback afterwards. This helps companies discreetly assess the quality of their stores and employees.

P.S. Discover how you can enjoy a more laidback, authentic, independent way of life in The Savvy Retiree Daily. Sign up below to have it delivered – free of charge – to your email inbox.

Image: ©iStock.com/MarioGuti