There are numerous ways to earn extra cash these days. However, starting a side hustle is, without question, the best option.
This post will explore ten unique ways to earn extra cash. Some of these methods are more traditional and the rest are more out-of-the-box. Nevertheless, each method is 100% legitimate. Better yet, each method can help you generate additional income to help you live your life to the fullest. Ready? Let’s get to it!
Whether you’re searching for a new job or simply additional sources of revenue, you should definitely read on and learn about ten great ways to earn some extra cash.
10 Ways to Earn Extra Cash
1.) Rent Out a Spare Room
If you have a spare room in your house, you can be your own boss and rent out the room to strangers or travelers.
There are countless ways to promote your vacancy. You can create flyers and distribute them in your local area. You can also use relevant websites to advertise your spare room.
Most would agree that creating an Airbnb account and promoting your vacancy on the popular platform is the surefire way to rent out your spare room.
It’s crazy simple to sign up for an Airbnb account and it’ll take you 5 minutes to set up your profile.
Benefits of Renting via Airbnb
- Airbnb is a totally legitimate website that provides round the clock customer service
- You can set the rental rate and dictate the rules for your guests
- You can rent out your room for as long as you wish
- You’ll likely meet new people and develop a vast wealth of conversation topics for future cocktail parties
When all is said and done, you can earn in the neighborhood of $1,000/month depending on your location and the amenities you provide.
2.) Start a Blog to Earn Extra Cash
According to the Pew Research Center, 16% of Americans have earned extra cash via an online platform.
Blogging is an excellent way to share your thoughts and ideas…and earn some extra cash for your insights and knowledge. Furthermore, a well-crafted blog is a great way to build and enhance your personal brand.
There are numerous ways you can turn your blog into a cash machine. You can sell advertising space, promote products and services, or even venture into the world of affiliate marketing.
You’ll need to create a blog and design a logo to get started. You can start off with a free platform such as WordPress or Blogger to get things started. As for a logo, you can easily go with a freelancer off of Fiverr, but I’d highly encourage you to look into DesignSolutions101.
Once your blog is set up, you’ll need to start creating content that is engaging, captivating, and helpful. Once you have a sturdy foundation of insightful content, you can then promote your blog via social media (e.g. Facebook and Twitter).
Don’t freak out if the cash doesn’t start flying your way right away. Blogging is a marathon, not a sprint. So be patient, put in the work, and you’ll see the fruits of your labor in due time.
Perks of Blogging
- Many bloggers earn a full-time income via their blog
- You can literally write about anything
- Blogging is a great way to establish and enhance your personal brand
- A well-crafted blog can reaffirm your status as an expert in your niche
- You can network with other bloggers and seize new opportunities
According to MillennialMoney.com, the average blogger earns upwards of $32,000 per year. Some bloggers earn over $200,000 each year and only put in 10-30 hours per week…talk about a stellar work-life balance!
3.) Earn Extra Cash by Selling Handmade Goods
If you’re crafty, good with your hands, and have a strong sense of creativity, you should look into selling your crafts as an additional stream of income.
41% of Americans invest less than 10 hours per week in their side hustle. Based on that figure, selling handcrafts online will take you no more than 2-3 hours per day. In my honest opinion, that’s a great avenue to consider, especially when you consider that you’re likely doing something that you’re passionate about.
Etsy and eBay are two phenomenal online marketplaces where you can sell your creations.
If you’re interested in going the extra mile, you can also build an eCommerce website to showcase your handiwork and attract customers.
Benefits of Selling Handmade Goods
- You can work wherever you want
- You set your own hours
- Your reach is worldwide
- You can learn new skills & further develop your creative abilities
4.) Start a Pet Sitting Business
Do you love pets? If so, you should seriously consider starting a pet-sitting business and offering your services to local families and friends. You can also advertise your business via online classifieds such as Craigslist and Kijiji.
Perks of Starting a Pet Sitting Business
- You can earn a solid second (or third) stream of income by taking care of animals
- You can operate out of your own home and set your own schedule
- You’re caring for adorable fluffballs in most cases
5.) Do Freelance Translation’
If you’re bilingual, or multilingual, freelance translation is an awesome way to earn some extra cash.
There is a ridiculously high demand for translators since many companies need their websites, brochures, and other marketing materials translated.
In order to become a translator, you need to be fluent in at least two languages. You can find translation work via online job boards such as Indeed and Upwork.
Benefits to Freelance Translation Work
- You can earn $0.04-$0.08/word
- You can work remotely and set your own hours
This may come as a surprise, but can earn in the neighborhood up to $2,000/month as a freelance translator depending on your skill level and experience!
6.) Complete Online Surveys
Do you enjoy sharing your opinions? If so, you should seriously consider completing online surveys!
Survey Junkie is a great platform to launch your professional survey-taker career. You can complete surveys via your computer, tablet, or smartphone. The real kicker is that you can complete the surveys in your spare time and you can do so anywhere you wish.
Benefits of Completing Online Surveys
- Great way to develop an additional stream of income
- You can work from anywhere
- You only need to earn $5 before you can withdraw your earnings
- You’ll likely influence organizations that matter to you
7.) Start Podcasting to Earn Extra Cash
Have you ever wanted to start a podcast? If so, why not make it happen today?!
Podcasting is growing exponentially in popularity every day due to the high demand for high-quality content. So dive in headfirst and set up an account via Anchor!
Perks of Starting a Podcast
- You can earn a solid income while working from home
- Any topic is fair game, so even the most obscure topics are up for the taking (yes, I’m talking to you in the back with a thing for warm tapioca…)
- YOu can reach a massive audience with moderate effort via a well-structured and thought out podcast
8.) Do Transcription Work
If you’re a keyboard ninja, then transcription work is right up your alley!
There is a high demand for transcribers, as many organizations need transcriptions for their meetings, interviews, and other audio-based files.
In order to become a transcriptionist, you need to type at least 60 words per minute (WPM). YOu can find transcription work on most online job boards such as Indeed and Upwork.
Benefits of Doing Transcription Work
- You get to work from home in most cases
- Most positions generate a reasonable income stream
- You get to set your own hours
- Your listening skills will improve immensely
9.) Do Social Media Marketing
Social media marketing is a great way to connect with customers and promote your business. There is a high demand for social media marketing services since many businesses want to improve their online presence.
Why Provide Social Media Marketing Services?
- You can earn a reasonable (and honest) income
- You can set your own hours and work from wherever
- Your marketing skills will improve drastically
10. Declutter your house
Is your house or apartment filled with random trinkets and junk? If so, decluttering your casa is a great way to earn some extra cash.
There is a massive demand for decluttering services since many people want to get rid of their clutter. On the flip side, many people want to save a couple of bucks and purchase certain items second-hand.
You can easily get your decluttering operation up and running with Decluttr.
Benefits of a Decluttering Operation
- You can generate a steady inbound cash flow by decluttering other people’s homes
- Decluttering your own home is a great way to earn some quick cash
- You set your own hours and rates
- You can earn some extra cash by tacking on a few dollars to the shipping rates
Final Thoughts
Remember, some of these ideas will require more effort than others. However, each is rich with potential and can help you meet your financial goals.
With these side hustles, you can set your rates and work whenever you want. Eventually, you can potentially increase your income and convert a side hustle into a full-time source of income.
