With so many advances in technology, the idea of a 9-5 workday has diminished. While many people still retain a regular job where they receive most of their income, the idea of a ‘side hustle’ or supplemental income has grown. In fact, according to a survey done by Career Builder, 29 percent of people currently have a side hustle, all of whom are ranging in age and income levels.
If you’re eager to get some extra cash but unsure how to, let’s take a look at some quick and easy solutions.
1. Take Advantage of Sharing Economy
The sharing economy is a concept that has gained a lot of traction in recent years — the idea of renting out particular assets to people who need them for a certain amount of time. AirBnb is one example that many people around the world use — if you have a spare room, you can invite travelers in that pay you per night or per week. And you can even rent out your home while traveling and probably end up making up all the money you spend overseas. Turo is a similar idea but for your car, in which you can rent out your car through Turo’s online marketplace and make money off it when you’re not using it. If you’re unsure of how you can contribute to the sharing economy, check out Amway and educate yourself on how you can grow various streams of income.
2. Be an Influencer
Is there something you’re really passionate about? Or do you have knowledge about something that you know people would be interested in? Well, the advance of social media has facilitated a fast and high revenue industry of content sharing in which you can actually make money off the information you communicate. Whether it’s parenting advice, travel pictures or something very niche in an industry, create a social account or a blog and start regularly posting new content. If you’re content is engaging enough, you’ll find that people will start to follow you and this popularity will attract advertiser income. Spire is a great resource for influencers.
3. Be of Service
With so many apps available to us, the idea of offering your services to other people has never seemed so easy. Whether it’s on a personal level or assisting a business, there are a number of ways you can make money by offering your time:
– Uber or Lyft: make your own shifts as driver and meet a bunch of new people
– Wag!: a marketplace through which you can walk people’s dogs in your local area
– Instacart: shop and deliver people’s groceries for a price
– Postmates: mostly a good delivery service but you may also offer random services depending on what people need
– InboxDollars: get paid to watch videos from companies looking for more traffic on their content
Forget about just earning a regular salary — with so many advances both technologically and socially, your income earning potential has increase. Try some of these ways to add some extra money to your bank account this month.
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