5 Easy Ways to Make Extra Money
Many people say they could use a little extra money. According to The Motley Fool, Millennials specifically have a savings rate of negative 2 percent! Whether you are in that negative 2 percent or not, there are some incredibly easy ways to make some extra cash. Here are a few suggestions.
Spend Some Time with Dogs… And Get Paid for It!
If you’re a dog-lover, it’s really easy to earn a little extra cash by walking other people’s dogs. There are a few different ways to sign up. Rover.com offers dog boarding, pet sitting, and walking services. You can create a profile to highlight your dog-sitting experience and upload photos of you with your pet. If your profile is approved, you can become a qualified Rover dog sitter. You might also be able to get some compensation from a local kennel for dog walking.
Sell Items Online
If you have an item to sell, chances are there is an online marketplace perfect for you. Below is a list of some specialized online marketplaces:
If you’re looking to just get rid of excess items altogether, you have a variety of sites to review. Facebook Marketplace, eBay, and Craigslist are the three most popular.
Become a Home Baker
Does everyone tell you that you should run your own bakery? You can start your own baking business on the side for parties and holidays. When starting out, stick with the items that you know you bake best. From there, you can expand your baking to include other items you learn to make.
Drive for a Rideshare Service
If you own a car that was manufactured within the past 10 years, are over 21 years old, meet your area’s minimum insurance requirements, and you have a good driving record, you might be able to drive for a ridesharing service such as Uber or Lyft. This is one of the most popular ways people are earning extra cash today. If you do decide to sign up to become a ridesharing driver, check with your auto insurance provider beforehand to ensure that there are no coverage gaps.
Tutoring & Teaching Online
If you’re considered an expert in a particular field or want to help tutor, there’s plenty of ways for you to do it while making some much-needed money. There are multiple websites like TutorMe or Chegg that will allow you to offer help to others. If you want to take your instructing online, you can sign up for a service like Udemy where users can purchase your course worldwide.