This isn’t going to be one of those articles where you read about all of the ways you can get rich quick or how you can quit your day job. My goal with Budgets and Billions is to show you ways that you can improve your financial future. One important key to helping your financial situation is to earn more money, so I have compiled a list of 25 legitimate ways to earn more money each month. I hope that you can find at least one that you like and work on implementing it.
(Disclaimer- I am financially compensated for affiliate links on this page.)
Start a YouTube Channel
Chances are that at some point you have thought about how cool it would be to get paid just for making videos. Youtube is the largest platform in the world, and there is always room for new creators with fun and exciting content. Creating a YouTube channel is quick and easy and can be done in a couple minutes. Once you have established your account, you can monetize it through affiliate marking products for other companies, or you can earn ad revenue from displaying ads before your videos. If you have ideas for videos that you think people will like, set up an account and you can start sharing it with the world immediately!
Design and Sell Logos
Unfortunately for me, I was never very artistic. However, if you have a knack for creating awesome works of art or creative designs, you can make extra money each month by selling custom logos to companies. The amount of money you can make from design work is limitless, and the best part is you get to set your price. This could be either per design, or by the hour. Either way, businesses and other organizations are always looking for awesome logos and design work to be done for them.
Sell Your Photos
If you are a great photographer then there is plenty of ways that you can make money with your camera. If you’re great with people then you can pick up jobs doing wedding photos, senior pictures, or family photo shoots. If you don’t want to have to deal with customers and traveling, look into websites like Adobe Stock or Shutterstock. You can upload your photos and when someone downloads them you will get paid. It’s that easy!
Get Paid to Drive
I’m not gonna pretend that this one is some super secret idea that only I know about. If you have a car, you can make a pretty sizable amount of extra money each month by driving for companies like Uber or Lyft. If you live in a big city or a tourist destination this could even be an idea for a full time income. Although, even in smaller towns there is still a demand for drivers. Being a driver is nice because you get to make your own hours and meet new people, while still making a decent income.
If you’re like me, you may not be comfortable letting people you don’t know in your car, or maybe you just don’t like small talk. If you still want to make some extra money with your car, you can sign up to be a food delivery driver. Companies like DoorDash, Uber Eats, or Postmates are always hiring. If you are looking for a side job that you can do whenever you have some free time, than maybe food delivering is right for you!
Write a Book
Making money from writing a book is easier now than it ever was. With services like Amazon, you can upload your book and let them handle the rest. People can either download your book, or they can order the paperback. Amazon will print your paperback and ship it out for you while you receive the payment (minus Amazon’s percentage). If you’re looking for a passive income source than this is perfect. You write the book, publish it, and sit back and wait for sales!
Sell Your Old Stuff
Do you have a garage full of old stuff that you don’t use anymore? Just because you don’t use it anymore doesn’t mean that someone else wouldn’t pay to have it. One of the easiest ways to make some extra money, and declutter your house, is to sell the things that you are no longer using. Sites like Facebook Marketplace, Craigslist, and Ebay can all be great places to find buyers. Getting money for the old stuff you don’t use can help you make room in your wallet for new things that you want.
Ask For a Raise
One of the best ways that you can make more money is to ask your boss for a raise. Many people don’t realize that if you don’t ask, then there is no way to get a yes. Most companies are not just going to offer you more money, so you have to ask. The worst they can do is tell you no.
Work Some Overtime
If your boss won’t give you a raise, see if you can pick up some overtime. You will have to deal with the extra hours, but you will benefit from the extra pay associated with it. Companies are often more inclined to offer you overtime if you need it than they are to permanently up your pay.
Pick Up a Second Job
If you can’t manage to find a way to earn more money at your job, maybe you should look into picking up a second job part-time. I have done this for years, and the extra income, even if it is only a couple extra shifts a week, makes a huge difference. Picking up one or two shifts a week at a second job can bring in hundreds of dollars worth of extra income each month.
Sell Your Skills on Fiverr
The great thing about Fiverr is that you can make money off of almost any skill that you have (this applies mostly to online skills). You can become a ghost writer, social media marketer, or virtual assistant on Fiverr. You set your price, post what you are offering, and then people who need your skill set can find you and pay you. Or you can use Fiverr to hire people. For an example, you could hire someone to ghost write a book for you, then you could sell the book on Amazon and make the profit. The possibilities are endless.
Rent Out Your Unused Space
If you live in a popular destination for tourists, maybe you should look into renting out your extra rooms on Airbnb. Plenty of people are making money doing this, and some even make a full-time income purchasing properties in places like Florida and then renting them out to tourists year round. You don’t have to go full-time with this but renting out an extra room that you aren’t using could earn you enough money to pay your mortgage each month!
Learn about Affiliate Marketing
Affiliate marketing is the process of selling products for other companies and receiving commissions. This is a great way to sell products and services without having to maintain the inventory. With Amazon’s Affiliate Program you can make a commission on almost any product on Amazon. There are some affiliates that are making thousands of dollars a month just off of Amazon’s Affiliate Program.
Start a Blog (My Personal Favorite!)
Starting a blog is not only a good way to make money, it is also a super fun project! There are many different ways to make money with a blog. You can use affiliate links to market products, write sponsored posts, or make money off of ads displayed on your site. If you have a passion for a certain topic or you just enjoy writing, starting a blog is a great way to share your ideas with the world. If you are interested in starting your own blog, check out Bluehost or WordPress and you can get your blog started today!
Invest Your Money
Investing can be a very good way to grow your money, however you should speak to a licensed professional before making any investment decisions. You can invest in real estate, the stock market, or talk to your bank and see what kind of investment accounts they offer. Low interest rates in savings accounts mean that your money is not growing as fast as it could, so do some research and see if investing is right for you.
Find Better Interest Rates
Maybe investing isn’t for you, and you feel more comfortable keeping your money in your savings account. Shop around and see if you can find a savings account that offers a better interest rate than the one you are using now. This also goes for things like your mortgage, car loans, or credit cards. Often times, as long as you have made payments on time and are in good standing, you can attempt to negotiate your interest rates with the bank. This is a great way to put some extra money in your pockets.
Design Your Own Clothing
My roommates and I used to make and sell our own t-shirts, and you can make pretty decent money doing it. If you have a good sense of style and think others will wear your designs, you can check out sites like TeeSpring. You come up with the design, and when your design sells, TeeSpring will handle the manufacturing and shipping and then they pay you your percentage.
Check Your Serial Numbers
Did you know that the serial number on your dollar bills can make them more valuable? People who collect money will pay more for special serial numbers. Some of the types of serial numbers include things like numbers that repeat, read the same forwards or backwards, or have special meanings like a date. Next time you have a bill in your hand check the serial number, someone might pay hundreds of dollars for your one dollar bill.
Sell at the Flea Market
Do you have lots of knowledge about a certain type of collectible? Or are you good at transforming old junk into cool furniture pieces? Maybe you should look into opening a flea market booth. Flea markets are usually relatively cheap to set up a booth, and you can make plenty of money each weekend. This is great for someone who wants to open up a business but doesn’t want the cost of maintaining an actual retail space. I collect Hot Wheels with my son, and there are booths at our local flea market that have nothing but cars from floor to ceiling. Any passion that you have can be turned into a flea market business!
Not only is recycling good for the planet, but you can even make money with it. This is not for everybody, but certain states have decent recycling pay rates. Work with neighbors or businesses in your area and they might let you have their recycling for free, in exchange for you doing the work of hauling it away. This is not a way to get rich quick, however I remember a story about a woman who put her son through college using only the money she earned from recycling!
Sell Your Baked Goods
There is no doubt about it. People love home cooked desserts. If you have a passion for cooking and you make amazing food, maybe you should look into selling your food! Baking cakes and cookies for birthday parties or events can be a great way to get paid for something you already enjoy doing.
Monetize Your Instagram
We spend a lot of time on our phones, and we spend a lot of time on social media in particular. If you have large following on a Instagram, you can make money by advertising products, selling your own merchandise, or selling sponsored posts. Some social media influencers make thousands of dollars for simply letting companies sponsor one post. This goes for other popular social media sites as well.
I had a friend in high school that made a bunch of money doing this. Textbooks can go for hundreds of dollars, and there tends to be a steady demand for them. He would shop at the flea market, or used book stores and buy text books for a couple dollars a piece, and then sell them for up to 10x what he paid for them. Using websites like BookScouter, you can scan the barcode or ISBN of any book, and it will tell you how much people are willing to pay for it. Find a used book store, scan the barcode, and if people are willing to pay more than what the book is priced at, you buy it, sell it, and keep the profit.
Amazon Mechanical Turk
Amazon Mechanical Turk is a website where companies outsource virtual tasks, and workers complete them for a compensation. There are thousands of tasks available, such as taking surveys, entering data, scanning receipts, and transcribing audio. Many of the jobs don’t pay a lot of money, but if you receive the qualifications to get access to higher paying jobs, you can make a lot more than minimum wage. And you can do all of this from your computer at home!
Start Your Own Business
Virtually any talent or skill that you have can be turned into a business. If you enjoy making food, maybe a restaurant is the way to go. Are you good at fixing cars? Open up an auto repair shop. I firmly believe that entrepreneurship is the great equalizer in the money world. Anybody can start a business and grow it into something great. Find a business that interests you and start researching how to get started.
Thanks for Reading!
I hope that I could be helpful in showing you some ways to make extra money each month. I know that not all of these will apply to everybody, but I hope that you could find one or two on this list that you might try. If you enjoyed this post or found it useful, take a second to follow to the blog, that way you can get updated any time I post new content. Thank you so much for reading!