HomeIncrease Your Savings

4 Tips to Make Some More Money on the Side

4 Tips to Make Some More Money on the Side
Like Tweet Pin it Share Share Email

You would be hard-pressed to find anyone that doesn’t feel like making an extra little bit of money. However, unless you can get some extra hours at work or get some overtime pay, getting extra money will involve doing something on the side.

While that never used to be something common, times are changing. Now, almost 40% of Americans say that they have a side hustle with the intent of making some extra cash. There are dozens of different things you can do to make some money on the side, and here are a few of them that are worth checking out.

Have a Garage Sale

Most people in developed countries like the USA or Canada simply have more “things” than they will ever need. Whether it is old clothes, old electronics, old furniture or any number of other things, we have too much of it. But instead of letting it sit there and collect dust, why not sell it and make some extra money?

Physical garage sales are great, but posting on online classifieds like Craigslist can also help you reach a wider audience and sell more items. In addition to having a garage sale, visiting garage sales and finding things to fix up and resell can help you make some easy cash as well.

Get A Side/Second Job

While this is a more traditional approach to making money on the side, it is stil incredibly viable. If you are like most people, you work around 40 hours a week, monday to friday, during normal business hours. This leaves your weekends, evenings and nights pretty open.

There are several different kinds of part time jobs available that you could get that aren’t likely to conflict with your regular, full-time job. These can include bartending, weekend retail, janitorial services, warehouse work/stocking shelves and dozens more. However, while it is nice to get some extra money, you need to be sure not to overwork or overwhelm yourself, either.

Rent Out Your Home or Some of Your Belongings

If you own your home, and have a spare room, there is a good chance you can make an extra few hundred dollars at least every month by renting it out. Of course, you should only rent to someone you are comfortable living with. While some landlords may allow you to rent out a room in a place you are renting, it isn’t that common, so you will want to ensure you speak to your landlord about the rules before simply doing so.

In addition to renting out a room in your home to a tenant, there are other ways you can make money by lending. You can rent out tools, electronics, and even your car. The internet and the sharing economy is making it easier than ever to make some money via your assets, without actually having to sell them.

Become a Freelancer

If you want to make some money on the side, but don’t feel like leaving your home, you’re in luck. That is because there are several different ways to make money from home. Many involve being a freelancer of some kind, such as a freelancer writer, a freelance web designer, freelance programmer or anything in between.

While this may seem tough, it is an increasingly popular way to make some money. In fact, nearly one in four Americans is using the internet and the online economy to make some extra money on the side. Look for this number to continue to grow in the future, as well.

As you can see, there are several different ways to make some money on the side if your main source of income isn’t cutting it.