Hi! I'm Jeff. A personal finance nerd and entrepreneur at heart, I'm here to bring you all the latest cool ways to make and save extra money. I've been quoted in several online publications, including Entrepreneur, NBC News, GoBankingRates, Student Loan Hero, Business.com, Credit Karma, The Simple Dollar, US News & World Report, Lifehacker, MSN Money, Moneyish, Zumper, IdeaMensch, Discover Bank, PrimeRates, Credit.com, Yahoo! Finance, Club Thrifty, Guru Focus, Rent Track, Fit Small Business, Coupon Chief, and more.
How can you make a living as a real social-media expert? Practice. Build an audience for yourself before offering your services to others. Determine your target sector, build your own online presence in that community and start making contact with the social-media elite. Twitter is a great place to start. Keep cranking out content and getting it to the right users, and you’ll find a way to get yourself hired even in an ever-expanding universe.
Similar to selling on Amazon, eBay is a place to make money selling just about anything you can think of as a side business idea, with the added excitement of using the auction selling model to sometimes get way more than you expected for that antique baseball card you picked up at a local street fair. To turn your eBay selling into a legitimate business idea, look for opportunities where you can buy in-demand products at a discount—and later sell them for a profit. Eventually, you can even take the lessons learned from your eBay store and build a full on blog or eCommerce business like what the team over at Gear Hungry has done.
If you can find and restore items like furniture and appliances, you can make a substantial amount of money. You can acquire the items on Craigslist, or even at garage sales or estate sales, restore them, and then list them for sale on the site. You may also be able to market certain items on eBay, particularly if they are small, unusual, but high in price.
The key to successful Podcasting isn’t just racking up listeners in big numbers. It’s getting listeners to engage. A small group of engaged listeners is more valuable than a large but passive audience. Specialize in an area of your expertise and constantly remind listeners to participate in your Podcast via social media or your Website. Making money Podcasting isn’t easy, but it is possible.
Hey Dasjung . . . The Nike logo was bought for (I beleive) close to 35.00 from a college student. THAT is what is being talked about. The Nike logo is BY FAR on of the most recognized logos in the world, so maybe you should take a second look at the world. Just because someone isn’t trained doesn’t mean they shouldn’t be able to make money with their talents. The hard truth is training is not necessary to practice graphic design, just preffered, where as being a doctor REQUIRES the training. For EXAMPLE, I can go out into the world and become a manager of a business if I have the knowledge WITHOUT any training in the Business Management profession. Deal with it, Just because you have training in Graphic Design doesn’t mean that you and your peers are the only ones who can create a logo. Logos are one of those things that can either be elaborate (in which someone might come to you), or simple (in which someone might come to anyone who has shown the ability to do so).
Look into survey sites like MyPoints, Survey Junkie or Vindale Research where you’ll get paid just for taking surveys and giving your opinion. Sounds like a pretty sweet deal, right? Just remember, these sites are looking for specific criteria. So you might have to wait for the right survey to come along that you qualify for. Plus, you’ll have to reach a certain threshold before you can cash out your points. It’s not a get-rich-quick opportunity by any means, but that extra cash can still add up over time. If you’re the patient and persistent type, give it a shot!
Amazon Mechanical Turk is a service that lets you make money online through doing paid microtasks. Each task is something simple that requires human interaction like rating search results, checking for the right spelling on search terms, categorizing the tone of an article, or even basic translating. You can do these tasks from anywhere you want and make money online from the world’s largest e-retailer.
Freelancing is the next best thing to being paid more for your full-time work, because professional work always pays more than unskilled. To find opportunities, let former colleagues or other personal connections that you’re available for freelance gigs. (Here are some ideas on how LinkedIn could be useful for that.) Or, post on marketplaces particular to your field. For instance, Mediabistro, a journalism site, allows freelancers to post profiles of their experience and services. Though these are more up to chance, designers can bid on jobs at 99Designs.com or submit a design at Threadless, to see if it will be crowdfunded. Elance-Odesk also lists many freelance opportunities, and you can also post your own services on Fiverr, although some freelancers say these services create a race to the bottom on fees and so are not very lucrative. If you're new to freelancing, here's how to set your rates, and here's how to negotiate raises with clients.
How to Get It: Begin with sites like UserTesting.com, YouEye.com and Userlytics.com. Register with multiple companies for opportunities to test as many websites as possible. Once you're in the system, you'll be emailed when testers are needed, and if you're one of the first to respond, expect to spend 15 to 20 minutes completing the test. Many sites require a microphone and/or webcam, which are built into most laptops—but if you need to buy one, they aren't expensive. The tester sites typically pay within a week or two via PayPal.
The first follows the startup path we outlined above: You have a disruptive idea for an app or piece of software, you validate the idea with real customers, and then raise money to hire developers or a development studio to build, launch, and scale your software. If you’ve done everything right, your software will be accepted to the Apple and Google Stores and you’ll make money every time someone downloads it or pays for a premium feature.
At the risk of repeating what others have said, what an amazing/wonderful/fantastic list. Thank you so much – this will keep me busy investigating options for a while ! I have had some small success with Audio Jungle (part of the Envato group of sites) – uploading short music files that I have created once, yet they keep on selling. I like your Fiverr example too http://www.sidehustlenation.com/self-publishing-platform-outsold-amazon/ – I’ll have to try that one !
If you want to find a profitable online course idea in the next 3 days, join my free online course Find a Profitable Business Idea today. It'll walk you step-by-step through the process I've used to generate more than $15,000 in online course sales in a single week. Then once you're ready to start teaching your own online course, I recommend using Teachable, the easiest and most affordable platform to use for creating, hosting and selling your online courses. They also have a ton of free educational resources about how to get started with creating an online course (yes, even as a side business idea) when you sign up right here.
You can set up a website, gradually build up the content (articles, videos, podcasts, etc.), then eventually monetize the site through advertising, affiliate marketing, or even the direct sale of specific products or services. Even better, you can generally find whatever services and technical assistance you need online and free of charge. Later on, when your site develops a reliable cash flow, you can begin working with paid providers who can take your blog to the next level.
Consider selling in lots. A lot is a collection of similar items that is sold in a group. For example, if you have a collection of books, magazines or similar pieces of jewelry, consider selling them all at once in a lot. You many not make as much money as you would have if you sold each item separately. However, the items will likely sell more quickly in a lot than they would individually.
I collected cans in my teens and made a few extra bills for spending money. If this idea is of interest, you might be motivated to hear the true story of Maisie Devore who was able to raise money collecting cans for a community swimming pool. She was able to save $73,000 over three decades and is still collecting. Whoa! Learn more about this idea by reading my collecting aluminum cans for cash post.
Car flipping can be a fun way to turn your love for cars into a quick side business idea if you have the capital and a stomach for the inherent risk. Buying and selling cars is similar to other “buy low, sell high” business models, but the profit potential per hour invested can be very high. According to Jeremy Fisher at 3HourFlip.com, the trick is to learn how to make car deals come to you, so you can minimize your time invested and maximize your profit on each flip with this side business idea.
CIT Bank offers an interest rate of 1.85% on money market accounts — more than 15x the national average. Just like with a checking or savings account, your money is FDIC secured, there are no monthly service fees, and you can access your funds any time. All you need is $100 to open an account and start earning more money on the cash you already have.
A word of caution: Some companies are disguised as MLM, but they’re really pyramid or Ponzi schemes – which are illegal in the U.S. and many other countries. The one big red flag is that these illegal schemes will typically only pay you to recruit other members, instead of earning money from any real investment or selling real products or services to the public. So beware and do your research before starting a network marketing opportunity!
I’m glad you brought up this post about making extra money in 2018 because as you said, it’s easier than ever now with the side hustle being ever so popular to make money on our own terms without relying on the narcissist employer. Most employers throughout America want to enslave employees into thinking and feeling that they can’t succeed without the corporation when this way of looking at maintaining gainful employment is absolutely wrong. The beauty is that the side hustle provides a beautiful work in your spare time opportunity from your desktop computer, laptop or smartphone through affiliate marketing, blogging, and selling your personal goods online as a means of supplementing your existing income. In fact, the side hustle is so secure that it’s better than having a cushy day job or working for an unfaithful employer who seeks to do nothing more than turn their employees into virtual slaves, deny them pay raises, and secretly set them up for termination while milking them for all the commission money they can get out of them.
If you are looking into the steady paycheck of customer service, this is a typical requirements list. Each company is different, so please refer to the individual listing for that company's requirements. *A desktop or laptop less than 3 years old*Minimum speed is 2GHz of processing *Windows operating system, usually Windows 7 or 8. The exception would be Mac-specific positions like Apple At-Home Advisors. *20 GB free hard disk space*2 GB of RAM (some companies require up to 8 GB RAM)*sound and video card*DSL, Fiber Optic or Cable internet
Blogging is also one of the cheapest ways to make money online, aside from the time and and intellectual input that you have to invest. As you begin to make money from your blogging efforts, you can easily outsource for greater scalability. I also use Bluehost and I like the fact that it seamlessly integrates or interfaces with WordPress. You can set-up a domain or subdomain in minutes and start blogging in seconds. I love it!
(The best part is not wearing a suit and tie.) Sales agents make cold calls to businesses or customers, explaining a product or service, and leading the client through purchasing. Nearly every industry has a need for sales agents, so it takes some digging to find your work from home niche. Try adding the search keyword “telecommute” or “work from home” to your sales searches.
Not too keen on shuttling people around? We totally get it. How about dropping off a to-go order of burgers and fries instead? Driving for Uber Eats, Grubhub or Postmates is a great way to make extra money in your free time just by delivering food to hungry clients. Bonus points: Your car is going to smell amazing. We’re already kind of jealous of you, really.
It’s sometimes hard to comprehend just how much people love t-shirts. And with the right niche, marketing, and tools, you can create an online t-shirt business that makes you extra money online while you sleep. (Even Bloomberg and Forbes feature stories from entrepreneurs who've done just that.) Services like TeeSpring make it easier than ever to create a t-shirt drop-shipping business where they handle the sales, printing, and shipping, and you’re only responsible for design and marketing. Or you can even buy into well-established franchise businesses like Rhea Lana that sell fashionable, affordable kids clothing and get the backing of a proven organization to fuel your online sales. For more tips, check out this simple guide to launching and marketing an online clothing store by my friends over at Selz.
Nice writing style Ben. I’m finding out very quickly that to make any money writing, you have to read, read, and then read some more, no matter how smart you feel you are on a subject, before writing your first sentence. I have always been a fan of multiple income streams and am thrilled by the ideas of proofreading, editing, blogging, freelancing and transcribing. Having spent one of my careers doing just that for a large corporation, it’s a perfect fit, but now I can get credit for my work, thanks again for a great article.
Most of us are guilty of hanging onto things that we never use, myself included. Take a day and go through all your old stuff and get rid of some of it! One tool that is really helpful for this is Decluttr. You can enter your items barcodes into their valuation engine and they’ll give you an instant offer. Then you simply pack all your items into a box and ship them off for free.
Nothing beats playing your favorite game. But getting paid for coaching a sports team and staying close to the action is the next best thing. Not only will you learn new skills, you’ll earn money getting your team into shape with this side business idea. The median pay for sports coaches clocks in at $30,400 according to the US Bureau of Labor Statistics. Expect to have only a slice of that if you’re signing up for part-time coaching as a side business idea only.
Research individual companies in your desired niche: If possible, it’s always better to become an affiliate directly with a company (if they have an internal affiliate program), as no one else will be dipping into your commission rate. This is the preferred route for most of the prominent affiliate marketers, including Pat Flynn. Unfortunately, it’s also the most work, as you’ll have to do the research yourself to see who offers programs (they’re usually listed in the website footer).
@dasjung No doubt! I know this and you know this, and any other highly skilled and educated designer will also know this. But what about the customers? The people who are looking for a logo design with much consideration of price in this economy. Knowledge and talent expect the monetary reimbursement it deserves, but unless everybody has a trained eye to recognize it, they just aren’t going to dish out the money for it. That is the point I am trying to make. It is like calling the neighborhood handyman instead of a high cost plumber to fix a small leak.
If you have a background in marketing and a passion for a particular niche, then organizing a virtual event may be just up your street. A virtual event could span across a day or longer. Individual live sessions would be run by experts in the field. And conference features would include live question and answer sessions, forums, and plenty of free giveaways. Visitors to the virtual event would pay to attend, so the more effective your promotion of the event the more money you would make.
Take it seriously. Yes, you’re applying for an online job. Yes, you can do the work in your underwear, but that doesn’t mean it’s not a “real job”. You must treat it as such or they aren’t going to treat you as a serious candidate. You aren’t the only one who wants to work in their underwear. In fact, the competition online is likely higher than it is in your local area.
Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link.