Despite working a 9-5 job and waiting in excitement to receive your monthly salary, you might still be wondering, ‘how can I make extra money.’
For some, it’s about achieving monetary security and knowing that they have enough money in their bank accounts to deal with unforeseen financial emergencies.
For others, the need to earn more money has more to do with paying off debts or even saving for big purchases.
How Can I Make Extra Money?
Regardless of the reasons to make extra money, the truth is that most of us, if not all, can do with a little extra income on the side.
After all, who wouldn’t want to make extra money from home or through other means, right?
If you are in the same boat, use this money-making strategy on how to get the extra money, boost your income, and be financially secure.
Ask for a Salary Raise
This idea is probably one of the fastest ways to make more money because, in a way, it’s being paid more for something that you are already doing.
Think of a salary raise as a money-making strategy to earn more money. But remember that it all comes down to your work, skills, abilities, and how much value you add in your company.
While this may not sound like a viable option to many people and is not the easiest to ask for a salary raise, there are a few ways to go about it.
- Right off the bat, you need to show and prove to your employer that your presence adds a great value to the company and that the work you do helps them become more profitable. On an individual level, your efforts and hard work need to outweigh the others to get a good raise.
- You can show tangible accomplishments by making a solid case on paper and state evidence of why you are truly deserving of a salary raise.
- You can even resort to job salary websites such as salary.com, glassdoor.com, indeed.com, to find out how much you and your work are worth. Once you have a strong case in your favor, you can request a salary raise.
Unique Ways to Make Money
In case a salary raise isn’t possible, there are so many other unusual ways to make money. Well, not precisely uncommon since many people might already be doing them. Think of it as creative ideas to make money or ways to make extra money from home.
Also known as a side job or a side gig, this is one of the best ways to make more money other than your 9-5 job. Here’s an example to make extra money from home.
- Start a dropshipping or private label business on Amazon.
- Selling various handmade goods on Etsy.
- Selling your old clothing and accessories on Depop or ThreadUp. This way, not only you can get extra money but also refresh your closet
- Make quick cash by selling your valuables.
- Become a virtual assistant, virtual teacher, take data entry jobs, or become an article writer. There is a host of well-paid online jobs if you are looking for steadier sources of extra income.
Put Your Money in Investments
From stocks and bonds to mutual funds and index funds, there are multiple great investment options where you can put your money and earn great returns in the long-term.
A stock or share, for instance, is one of the most common financial instruments to make money used by investors. While it does come with its fair share of risks, you can also earn a great deal of money by selling it when its value goes up.
Before opting for investments, you should research online, ask others for suggestions, or even seek help from a financial advisor to determine which option is best for you.
While this certainly isn’t one of the unique ways to make money, many people still look into investments and do end up gaining massive returns.
Start a Side Project of Your Own
If you wish to use your skills and develop more creative ways to make money, you can start a side project of your own.
If you are wondering how to get more money from a side project, here’s a few options to help you get started.
- If you have a knack for writing, you can start a blog and make money by turning it into an affiliate marketing site.
- Look into writing books and publish them to make money.
- Create an online course such as a teaching course, arts and crafts, fitness training, or anything to utilize your skills and talent. Make money by selling your online course on Teachable or Udemy.
More Creative Ways to Make Money
For those wondering how to make more money other than the options mentioned above, don’t worry, here’s great suggestions on creative ideas to make money and boost your income.
Walk to Get Paid
Want to step a little out of your comfort zone and opt for unusual ways to make money?
For those who aren’t aware, you can get paid for walking!
It’s not as weird as it sounds, though. The idea is to walk to achieve something and then get paid in return.
Want to know how to get more money by walking? Many apps will pay you to walk! For example, Charity Miles is an app through which you can do different movements such as running or walking, where each mile benefits your choice of charity.
Another great option is FitPotato, a fitness app that pays you if you stay on track on your exercise schedule. The best part is you get to stay fit and earn money both at the same time!
Become a House Sitter
Homeowners will often hire someone to watch their homes and activities like water their plants, take out the trash, etc. Try HouseSitter.com or connect with your local network to find referrals.
Alright, maybe you don’t have a car, scooter, or bike. If you’re a dog lover and enjoy going for a walk on a nice day, you should try out Wag!.
According to Wag!, dog walkers can earn up to $1,250/month all while working on their schedule.
That’s a hefty chunk of change to stash in your wallet each month.
Open a Pet Hotel
Perhaps you love dogs or cats and want to take it to the next step. Sounds like it may be time to move in together (temporarily, of course)!
Rover is another site that caters to dogs and cats and is a great opportunity to earn some extra money if you can’t get enough of these four-legged lovers.
By simply boarding pets, providing daycare, or checking in on the pets at their own home, Rover states that sitters can earn up to $1,000/month.
It sounds like a win-win to me. Get to play with some furry friends AND make extra money.
Rent Your Car
If you don’t use your car often or work from home, use that idle time to your advantage. You can rent your car out with services like Turo and Getaround for an hour or a day. They take a cut of the earnings for covering your vehicle while it’s being rented, and you keep the rest.
Test Apps and Websites
Try to make money online by getting paid for your opinions to tell companies how good or not good their website or app is. Usertesting.com has opportunities to get you paid $10-$20 in most cases to record your testing and answer some follow up questions. Live video conversations will get you more, worth as much as $120.
Wrap Your Car in Ads
FreeCarMedia.com and other services will pay you a few hundred dollars a month for being a moving advertisement. You do have to sign up and get approved, which may take some time to happen.
Sell Services on Fiverr or Upwork
Maybe you aren’t great with a hammer or a vacuum. How about a computer?
If you’re great with graphic design, video editing, grammar, and spelling, or can even provide consulting service, online freelance work might be perfect for you.
Make sure to check out each site to see a full list of services you can provide.
Make Extra Money Off Your Home
If you aren’t ready to give the extra room in your home to someone else’s pet, then maybe letting another human stay a few nights might be a better option.
Airbnb makes it easier than ever to rent out an extra room to an individual or group of individuals looking for a cheaper option than nearby hotels. You may even be able to vacation for free if you can rent out your house or apartment while you are vacationing.
According to Airbnb, individuals can earn over $2,500 a month in major U.S. cities.
If Airbnb isn’t for you and you don’t want to invite strangers into your home (I can’t blame you), then maybe you’d be willing to help others around their homes.
Handy is a great site for people who aren’t afraid to put a little elbow grease into things and get paid for it.
If you like to clean, help people move, assemble furniture (we’re talking about you IKEA), or even completely remodel someone’s home, Handy might be the perfect platform for you.
Check out the link above for more details on the services you can provide.
Donate Your Plasma
If I offered you $50 to sit in a chair for an hour on your phone, would you do it? What about $20?
Donating plasma allows you to do exactly that. For those of you who can handle a needle being poked into your arm twice a week, this might be the perfect opportunity for you to make an easy $40 – $100 a week for only 2 hours of your time.
If you are 18 years or older and weigh 110 pounds or more, you may be eligible for this opportunity. To find a testing center near you and start earning extra money, click here and enter your zip code for more information.
How to Make Money Fast
There are ways to make extra money fast if you need it sooner rather than later. Here are some quick ways to get cash below:
- Sell items on Facebook Marketplace or Craigslist that you no longer need
- Give blood or plasma; It depends on your state, there are different requirements when donating plasma, but you can make between $20 to $50 per donation
- Do micro gigs on Mechanical Turk. These jobs pay a few cents or a few dollars, but if you can grind it out it, the extra income could be useful
- Sell your clothes or other items at a thrift shop or second-hand clothing store
- Pawn your values that you don’t need
- Get paid for searching the web with Qmee.com. It’s a browser extension that will reward you for simply searching on Google, Bing, Yahoo, Amazon, and eBay.
Though it may not be the most exciting way to earn a few extra dollars, delivering groceries might be a great way for you to put some more money in your wallet.
According to Shipt, you can earn $22 an hour or more.
There is a growing population of people who are having their groceries delivered right to their door. I have my groceries delivered because I don’t have a car and the closest grocery store is a 15-minute walk from my apartment.
I would rather click a few buttons on my computer, pay the delivery fee, and save myself the 15-minute farmers walk (I’m trying to get groceries, not train for an Ironman).
Here are a few delivery services that let you work on your terms:
Fine, so you don’t want to deliver groceries? Then maybe delivering meals sounds more appealing?
If you have access to a car, scooter, or bike, you could set your hours and be in control of your wage depending on the number of deliveries you complete.
Some reports estimate that on average, drivers earn around $12 an hour. Click the links below to learn more:
Make Money From Home
It’s easier than ever to make money online nowadays. Here’s more on three of the best ways to make extra money and how you can get started.
Take Online Surveys for Money
Taking surveys won’t make you rich, but if you have some spare time or have a long commute, you might as well earn something while you’re at it. There are dozens of survey sites out there, so you might have to try a few out. Some popular online surveys for money are Swagbucks, Survey Junkie, Reward Survey, InboxDollars, and MyPoints.
Sell Things Online
There are many creative ways to make money by selling things online. For those of you who have an artistic streak, Etsy is a platform with over 48 million active buyers of goods, including jewelry, embroidery, woodworking, and pottery. For the photographers out there, you can sell your shots at SmugMug and PhotoShelter. Do you have a lot of gift cards from holidays and birthdays that you don’t use? Use a site like Cardpool or CardCash for money or, in some cases, trade it for a gift card you want. If you’re going to start selling things online, there’s a place for everything; all it takes is some Google searching.
Freelance Writing Websites
If you enjoy writing blog posts, social media copy, emails, and other copy, there’s plenty of people who need help with this. Freelance writing websites include Upwork, Fiverr, and Freelancer.com. Besides writing gigs, they also have to post for work like virtual assistants, design, and data entry.
Fill out online surveys for money
If all else fails and you can’t sell your plasma, don’t have any means of transportation, have zero spare rooms, don’t like animals, refuse to clean, move, remodel, or do anything handy, and have zero computer skills, then the ever so tedious but ever so easy online surveys may be the easy way to make extra cash for you.
Instacart is offering a $10 bonus to sign up right now!
Other survey sites include:
Stress Less, Earn More
We hope you benefit from our list of creative ways to make money and give a good boost to your income.
We understand that these suggestions might not work for everybody, and some of you are probably still wondering how to get extra money.
The key is to identify your skills and talent, figure out what you’re good in, and find a way to diversify your income.
At The Logic of Money, we always strive to help you adopt responsible financial habits to manage your money better and more efficiently.