How to Make Side Money
With the prices of gas and groceries being so high this summer, lots of people are interested in earning some extra money to cover these costs, on top of already holding a part-time or full-time job.
How can I earn money on the side of already holding a full-time job? What are some side hustle ideas to earn some extra cash? Is an extra income sustainable in my spare time? We will go over all this and more down below!
How Can I Make Extra Money?
The question of how you can make extra money is on everyone’s minds right now. As a college student trying to pay tuition and rent, I can attest to this. Saving money and making money now are more important than ever. If you are looking for some money-making ideas, don’t worry! Here are a couple of ways you can earn more money in just a few hours.
Online survey sites are a great way to earn some money online and fast too. Sites like Swagbucks and InboxDollars pay their user’s real cash for taking surveys, watching videos, and even playing games! This is a great way to make money in your spare time. I spend part of my hour lunch break at work completing tasks to earn some extra money.
Putting in just 15 minutes a day adds up. You can realistically bring in an extra $100-300 a month by just taking surveys.
If you are active on social media, you can earn money from your social media accounts. TikTok and YouTube are popular platforms to earn on. They each have minimum requirements you will need to meet before you can be monetized. Social media is a great way to earn extra money online, with little extra work, especially when you enjoy what you are doing.
Can I Earn Extra Cash Taking Online Surveys?
You can earn quite a bit of extra cash by taking surveys online. And there are plenty of sites to do this. Not only can you make money with these online survey websites, but they can save you money too! Here are our top 4 survey websites.
Swagbucks has a website online and a mobile app. With Swagbucks, users can earn points, aptly called “Swagbucks” for taking surveys, playing games, and even playing live trivia games. Once you have accumulated your desired amount of points they can then be redeemed via PayPal transfer or for gift cards.
InboxDollars is another survey site similar to Swagbucks. You can make money on InboxDollars by completing short surveys, playing games, searching the web, and even shopping online. InboxDollars also allows its users to save money. When you upload your receipts to the app or website you can earn points for what you have purchased. This is a great way to save/earn money for something you are already doing.
MyPoints is an online site that is focused more on daily rewards earned from shopping either online or in-store when you upload a picture of your receipt. Additionally, you can earn rewards from taking surveys and playing games with MyPoints. This is a great side hustle for people who do a lot of grocery shopping or shopping in general.
Last but certainly not least, we have Upromise. Upromise is an online site that allows its users to earn cash back which gets directly deposited into a 529 or college savings account. Users earn cash back for shopping both in-store and online, and even dining at certain restaurants. This is a great way to make extra money for college students trying to pay tuition and their families.
Taking these surveys online and completing other tasks is a great side hustle, you can make some really good money doing this. Will you bring in $100 a day? Well, that depends on how much time you put in. I would say that $100 a week is more realistic.
Could you earn an extra $1000 a month? Maybe, but I’m not sure it would be sustainable over time. You would have to complete an awful lot of surveys and other offers. A more realistic idea would be between $100-300 a month, depending on how much time you dedicate to it.
What Jobs Pay You To Work On Your Own Schedule?
Working a 9-5 job certainly is not for everyone. We all have busy lives and need to be able to accommodate our schedules. Some of us are busier than others, are there jobs for those who need to work a very specific schedule? Yes! There are quite a few different options.
You might be thinking, “is becoming an Uber driver worth it with the gas prices right now?”, and that is a valid question. But being an Uber driver provides a steady stream of income. There is always a need for transportation, and you can do this job on your schedule. Whether you choose to make it your main income stream or to treat it as a true side hustle. Becoming an Uber driver is an excellent way to make some extra money on the side.
Food Delivery Driver
Again, you might be wondering if extra driving is worth it right now with the gas prices so high. But working for companies like DoorDash and UberEats can be very profitable. Not only do you earn base pay, but you are also earning tips. And there is a mileage assistance program available to Dashers. The need for food delivery drivers is strong and ensures you can make some decent money.
Creating an Online Business
This side hustle is more for those who want to work independently. The possibilities for creating your own online business are endless. You could create products and sell them on platforms like Etsy and FaceBook marketplace. You could become a virtual assistant for professionals in your area. You could even become a social media manager. Whatever service or product you choose to provide, you are sure to find people interested in what you are selling.
What Are Some Ways to Make Side Money?
Side money is considered money you earn on top of your regular income. There are two main different types of income, passive income, and active income.
Passive income is any income that is earned and sustained with little to no effort. Examples of passive income include participating in the stock market, taking online surveys, or even selling things online. These are all activities that can be profitable with minimal to no effort.
Active income is defined as an income earned from specific duties or tasks during a specific time frame, in laymen’s terms, an active income would be your day job. Whether that is waiting tables, working at Target, or in a corporate office.
Examples of Ways to Make Money On The Side
Passive income, more commonly known as side hustles, are ways that people supplement their active income. You can earn a decent amount of money from just taking online surveys. I spend about 15 minutes a day taking online surveys with Swagbucks and I see about an extra $100-200 a month just from doing that.
Top 5 Side Hustle Ideas
Side hustles are a great way to pay off some student loan debt, get ahead on rent, or just get some extra money for a rainy day. That being said, here are 5 side hustle ideas that can be very profitable.
Taking online surveys is a great way to bring in some money with minimal effort. Sites like Swagbucks and InboxDollars offer rewards for taking surveys and completing other online tasks.
Investing certainly is not for everyone, but if you feel confident investing you can turn a real profit. Sites like Robinhood and Acorns are great places to start. Whether you are an experienced investor or a novice, these sites have great resources to help you.
Create an Online Business
For those with a creative mind, opening an online store is a great opportunity to bring in some cash. If you are crafty you can sell your creations on sites like Etsy. It is really easy to set up an online store on the platform and reach potential customers.
Becoming a delivery driver for services like Uber and DoorDash is a great way to bring in a decent and sustainable income. You will always find clients or people in need of transportation or food delivery. This side hustle is especially great because of the tips you can earn.
This side hustle is definitely on a smaller scale than the rest. If you are just looking for a little extra cash you can walk dogs in your area. Try starting small, just in your neighborhood. Who knows, maybe you will be extremely successful and be able to start a local dog walking business! Gotta start somewhere right?
Final Thoughts on How to Make Side Money
Overall, all of the ways we have gone over to make money on the side are sure to bring in a profit. If you consistently are working to make side money you will have a sustainable income. But you do have to keep up with it.
Having a good passive income to supplement your active income is a great way to keep the bills paid and mouths fed.
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