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Today’s post is an excerpt from my upcoming free guide: 7 Simple Ways to Pay off Your Loans Faster. Look out for a late March release date. I’d love to hear your thoughts on it so leave me a comment below if there’s anything I could add to make it better for you!
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Finding ways to make extra money is the cornerstone of paying off debt fast. No matter what profession you’re in or hours you work there are opportunities for you to increase your income.
Working extra hours at your job or negotiating a raise are the easiest ways to make more money. If you work during the day you can work part-time at night, if you have kids then there are a ton of work-at-home jobs, and if your weekday schedule is erratic then a weekend job might be right for you.
Also Read: How to be a Mystery Shopper
Promoting yourself locally and to your Facebook friends will get you the most money but also consider using sites that solicit particular jobs because it’s easier to go where the buyers are than to attract them to yourself.
Here is a list of ideas to spark your imagination. Not all of them include active work, some are passive income, some of them require a little extra learning but none of them require a degree. And most important, there is virtually no start up cost.
Ways to Make Extra Money at Night
Nick Loper has a great catch phrase on the Side Hustle Show, “Your 9-5 makes you a living, but your 5-9 makes you alive.” Night jobs don’t have be minimum wage soul-sucking events. The biggest bang for your buck is thinking outside the box.
Ways to Make Extra Money on Weekends
You might have to give up some Saturday morning cartoons or Sunday afternoon naps for this one but you’ll get them back eventually!
Ways to Make Extra Money Reselling Goods
With a little research and creativity, you can make good money reselling used goods from yard sales and thrift stores or from sites like Alibaba. If that’s too much commitment try taking your gently used clothes, etc to resell stores.
10. Amazon FBA
11. Selling on eBay
12. Sell clothes to Plato’s Closet, Poshmark, or ThredUp
13. Sell used exercise equipment at Play it Again Sports or Swap me Sports
Ways to Make Extra Money at Home
Online work-from-home jobs are my favorite. I’ve spent many a morning up at 6:00 AM working on my computer before going into work. There’s also opportunity for passive income on some of these which make them sustainable in the long-term.
14. Virtual Assistant via 24/7 or Belay
15. Sell Your Designs on Zazzle, Cafepress, or Spreadshirt
16. Proofread & Edit via Scribendi
17. Teach a Course on Udemy or Skillshare
18. Search Engine Evaluation with Appen or Leapforce
19. Transcribe Audio on TranscribeMe or Rev
Ways to Make Extra Money by Renting
If you’re lucky enough to have something in-demand that you can rent out it’s a great way to earn income without much hard work, minus a little cleaning after.
20. A Room/ Your House on Airbnb or Homestay
21. Your Boat on Boatbound or GetMyBoat