Advertising
Advertising

8 Great Ways To Earn Extra Cash

8 Great Ways To Earn Extra Cash

Budgeting is often viewed as a necessary evil, and a lot of people try to make due with a reasonable salary as best as they can. In a lot of cases, saving up for some luxuries simply isn’t a realistic option, as there just isn’t enough money to go around.

A good way to boost your budget a little bit, if you’ve already got a full-time job, is to find an additional source of income. This should be something that doesn’t require too much of your time, as you still want to have some free time left for yourself in the day, but still pays decently well.

Since people have different skills and sensibilities, we will be looking at a number of effective ways to earn some extra cash.

1. You can take online surveys

Elite Survey Sites

    The gist of this fairly straightforward money-making method is that you log onto a website, complete a survey and get paid a certain amount of money for it. Some websites will have fairly regular surveys for the users to complete, earning you anywhere from $1 to $5 for shorter survey that can be completed quickly, while some can get you up to $10.

    There is also the odd opportunity like reviewing a website or evaluating a book, both of which which can land you up to $30 and $60 respectively.

    Getting paid to take surveys online is an easy and safe way to earn a little extra cash, as long as you focus your attention on the better websites like the ones mentioned here, but it won’t make you a millionaire anytime soon.

    The good thing about them though is that you can bite off as much as you want to chew, and you can combine paid surveys with other options listed in this article without losing too much of your own free time.

    Advertising

    2. You can write and publish a cheap romance novel

    Smashwords

      While great classical minds like Cicero lamented about the state of the world in which children don’t listen to their parents and everyone is writing a book, the truth is that it’s evidently been like that for centuries now, and there is no reason why you shouldn’t take advantage of this fact.

      You’d think that there is a lot of competition out there, but despite the sea of cheap thrillers, fantasy and romance novels out there, people seem to want more and more.

      If you have even the slightest bit of writing talent, or at least have a decent idea and aren’t completely illiterate, there are user-friendly platforms like Smashwords that can help get your novels out there. The drawbacks here are that the process is time consuming and requires at least some creativity, but it can be a long-term project that you slowly complete over the course of a few months, writing whenever you find the time during the day.

      With time, you’ll get better, and if you can put that into your book, you are looking at a decent amount of additional income.

      3. You can hold online English classes on Skype

      SkypeEnglish

        With the advent of platforms like Skype, it has become very easy to connect with people from around the globe, and even teach classes face-to-face with someone from another continent. Since English is a language spoken in most countries across the world, there is a big demand for English language teachers, especially in Japan.

        There is a $10 yearly fee, it’s simple to sign up for it and the money is decent – $5 for a 25 minute class and $10 for a 50 minute class – but it does require a decent amount of work and good people skills.

        Advertising

        There also may not be a position available at all times, so you can end up waiting a while for a job opportunity to present itself.

        4. You can provide a unique niche service on Fiverr

        Fiverr

          Fiverr is a great platform where people can offer all sorts of services for a nominal fee, starting from $5. The best thing about it is that you have free reign to choose any type of service you would like to provide – from proofreading and songwriting to drawing cartoon version of people, web development and animation.

          But, as to be expected, there is a lot of competition.

          This is why you need to find a unique niche to cater to, something specialized for which you can quickly become the go to person. Everyone has some interesting talent, a skill set developed over the years or even a hobby that can be monetized, so Fiverr can be a good opportunity to supplement your income.

          5. You can sell your old textbooks

          Amazon sell books

            Higher education is an important thing to have, but going to university will set you back quite a bit in student loans. Textbooks can be costly as well, and over time, you will be left with a whole bunch of textbooks that you no longer need.

            You can make some of that money back by selling your used textbooks online. Selling your old textbooks on Amazon is pretty simple, and you can get a good deal for them, as long as they are in good condition and the ISBN number matches that found on the website.

            Advertising

            6. You can dabble in stock photography

            Stock photo websites

              There are tons and tons of content being uploaded online every day, and a lot of it features at least one image. Everything from blog posts to homepage backgrounds may feature a quality image, so there is plenty of work to be had as far as stock photos go.

              Most stock photo sites offer about 50-60% of each sale to the artist, and if an image proves popular, it can earn you a nice sum. Of course, you need to invest in good equipment to set up a small studio and need to have some talent and experience, so it is not something that everyone can just pick up as an additional source of income.

              It may also be a while before you see some real profit, and you will have to put in the work. However, if you have already dabbled in amateur photography as a hobby, have some decent equipment and enjoy snapping photos, then you can take the extra step and make some money from it.

              7. You can try to find a gig as a movie extra

              Extras

                If you have a bit of free time on your hands, say on weekends or in the afternoon after your day job, and you’ve dreamed of being part of a movie production, you can try to find a gig as an extra. Unless you are a member of the Screen Actors Guild, you won’t make too much in this line of work, but a few days of shooting a month can provide you with that little extra cash that you need to get your finances in order.

                Now, before you get your hopes up and start planning your Oscar speech, I should mention that this line of work is not for everyone.

                A typical shoot can stretch on for hours on end, and you will be expected to stand around and repeat the same movements over and over again. You are basically adding a number of full workdays, physically demanding ones at that, to your schedule, and the work is not exactly stable – you can go a long time without an offer or get a couple of options during the same week.

                Advertising

                It’s a bit of a gamble, and it is demanding, but it is also a decent side job overall, especially if you live in a bigger city where a lot of films and TV shows are shot.

                8. You can create a blog and start putting out content

                Wordpress

                  Even if you don’t think that you’d have much to say to the world, there is probably some specialized area that you are skilled in or have spent a good deal of your time learning about. Just as long as you can give some interesting insights, good advice and provide a bit of entertainment to a niche audience, you can create a fairly successful blog.

                  Like some other job opportunities on this list, creating a blog requires you to invest some money – although you don’t really need all that much – and a decent amount of time. It’s also not exactly a quick and easy way to get some cash.

                  You should see it as more of a long-term project that starts out as a fun hobby, and can gradually become a stable stream of extra income. The best thing about it is that it can be your little passion project that takes a couple of hours of your free time, which leaves you enough time to focus on other, more immediate, methods of earning money.

                  Supplementing your income with a less time-consuming and relatively simple side job will allow you to save up some money, get out of debt quicker or afford a few luxuries. These are just some interesting ways to earn a few extra bucks, while still having a bit of free time left.

                  You won’t burn yourself out doing any of these, and can tap into them as little or as much as you want, but they can make a noticeable difference over time.

                  More by this author

                  Ivan Dimitrijevic

                  SEO Consultant

                  5 Exercises To Improve Intimacy and Create a Better Relationship 8 Fun and Unique Birthday Party Ideas for People in Their 20s 50 Cleaning Hacks for Your Home That Will Make Your Life Easier 40 Amazing Date Ideas for Valentine’s Day 9 Unexpected Benefits Of Foot Massage That Make You Want To Have One Now

                  Trending in Money

                  1 How Being Smart With Your Money Leads to Financial Success 2 17 Practical Money Skills that Will Set You Up for Early Retirement 3 25 Things to Sell to Make Extra Money Easily 4 How to Pay off Debt Fast Using the Stack Method (A Step-By-Step Guide) 5 30 Fun Things To Do With Your Friends Without Spending Much

                  Read Next

                  Advertising
                  Advertising

                  Published on September 17, 2018

                  How Being Smart With Your Money Leads to Financial Success

                  How Being Smart With Your Money Leads to Financial Success

                  Achieving financial success is not something that just happens. Maybe if you win the lottery or something, but for the average person like you or me, it comes from a series of small steps you take over a long period of time.

                  With each step, you form a new smart money habit. And with each smart money habit, you build towards financial independence.

                  So what sort of habits can you form to get on that path? Let’s take a look at smart money habits you can start today to get you closer to a financially independent future.

                  1. Avoid being “penny wise but pound foolish”

                  It’s tempting to try saving a couple cents here and there when buying small items. However, that’s not where the real money is saved. You’re putting in extra effort for something that doesn’t move the needle.

                  You get the most bang when you’re able to cut down on your bigger bills. For example, finding a lower interest rate for your mortgage could save you $50+ per month. And cutting your transportation bill by purchasing a cheaper car or taking public transportation can provide large gains as well.

                  So, look at your recurring expenses such as housing, transportation, and insurance, and see where there’s wiggle room. It’s a much better use of your time than trying to pinch pennies here and there on smaller purchases.

                  2. When you want something big, wait

                  Impulsivity can get you in trouble in most aspects of life. Finances are no different.

                  It’s human nature to see something and want it right then and there. It starts as a kid in the checkout line at the grocery store, and it continues on through adulthood.

                  We get an idea in our head of something we want, and it’s hard not to go out and get it right then.

                  A good example is wanting a new car. Perhaps you’ve had your car for several years. It’s crossed the 100k mile mark. Maybe maintenance is due, and you’re annoyed that you need to replace the timing belt or purchase new tires.

                  Advertising

                  So, you get the itch.

                  You start digging around online, and you realize you could trade in your current car for something newer and more exciting… all for a few hundred bucks a month. Then you get obsessed.

                  Here’s where you have to take a step back.

                  Your newfound obsession is clouding your judgement. Rather than giving into the impulse, wait it out.

                  Set a timeframe for yourself. Maybe you come back to the decision three months down the road. See if the obsession lasts.

                  It might, but often, a funny thing happens. Often, you forget about it. And often, you find that the new car wasn’t a need at all.

                  The impulse faded. And you just saved yourself a ton of money.

                  3. Live smaller than you can afford

                  You finally get that big raise. And you want to celebrate – and why not?

                  You’ve been looking forward to this forever. And after all, it was all due to your hard work.

                  That’s fine, splurge a little. However, make it a one-time deal and be done.

                  Advertising

                  Don’t get caught in the trap that just because you’re now making more money, you should spend more.

                  Too often, people get more money and feel like they that gives them the means to buy a bigger house, a bigger car… you know the drill. Resist.

                  The fact is that living smaller than what you can afford is one of the fastest ways to build savings.

                  But if you constantly upgrade as you begin to make more, then you’ll never get ahead. You’ll just build up more debt along the way and have just as little wiggle room as before.

                  4. Practice smart grocery shopping

                  Food… it’s one of the biggest portions of any budget. And if you’re not careful, it can be one of the biggest drains on your wallet.

                  But luckily, there are a few things you can do to ensure that you stay smart with your money when buying groceries.

                  Create a grocery budget

                  Set a strict weekly grocery budget. When you know how much you can spend on groceries, you can then plan your weekly menu around it.

                  Once you know what all you need, you can go shopping and keep a running tally as you shop to ensure you’re on track.

                  I tend to do this in my head, rounding for each item. However, writing it down as you go would probably work best for most people.

                  Make a list… and never deviate

                  Never go to the grocery store without a list. If you go to the store with a ballpark idea in mind, you don’t have a true ide of what you need.

                  Advertising

                  You’re not well-researched. You don’t know what the sales are. As a result, you’re going to make decisions on the fly.

                  These impulse decisions will lead to overspending, which will derail your grocery budget.

                  Eat before going grocery shopping

                  It’s also important to eat prior to going to the grocery store. Hunger is a powerful force.

                  If you’re shopping on an empty stomach, everything is going to look good. In particular, you may find a lot of ready-made, processed snacks will look enticing.

                  After all, you’re hungry now and that food is easily available. So subconsciously, you may lean towards those items.

                  Unfortunately, not only are those items typically less healthy, but they’re likely more expensive. You pay for convenience.

                  However, when you eat prior to shopping, then you’ll shop with a clear mind. Your hunger won’t cloud your judgement, influencing you to make poor decisions like a cartoon devil resting on your shoulder whispering in your ear.

                  This makes it much easier to stick to your grocery plan.

                  5. Cancel your gym membership

                  Now that you’re all set on your food, it’s time to get smart about managing your budget in terms of physical fitness. And let’s begin by avoiding the gym. The gym bill, that is.

                  The average gym membership costs around $60 per month. That’s $720 a year.

                  Advertising

                  Yet, two out of three gym memberships go unused. That means two-thirds of people who have a gym membership are literally giving away almost a thousand bucks a year. It’s crazy!

                  I recommend seeking an alternative. One good alternative is to look into fitness streaming services.

                  Streaming services allow you to stream hundreds of workouts like Insanity and p90x, right in your own home for around $10-20 a month. That’s $40-50 less a month than the average gym membership.

                  Of course, then there’s the free option. The internet is full of free workouts that you can do on your own with minimal or no equipment.

                  For example, there’s the Couch to 5K program, that I personally used a decade ago to ease myself from couch potato to running my first 5K race. If I could do it, anyone could.

                  Then there are free resources like reddit that have limitless information on workouts. The Fitness subreddit has done all the research for you, populating workout tips and detailed workout routines for anyone to use in their wiki.

                  There are several routines that require no equipment. And you can join in on the subreddit to become part of the community, making it easier for those seeking comraderie and encouragement in their fitness goals. All for free.

                  It’s baby steps… And baby steps can start now!

                  I’ve never met anyone that can’t stand to be a bit smarter with their money. And on the flip side, anyone can get smarter with their money. But remember, it doesn’t happen all at once.

                  Begin by fighting your impulses. Prepare for the week and be smart at the store. And cut monthly expenses like gym memberships that are overpriced and you probably aren’t getting your money’s worth out of anyway.

                  The devil is in the details. And the details can change your lifestyle and prep you for a financially independent future.

                  Featured photo credit: Unsplash via unsplash.com

                  Read Next