Everyone could use extra income each month.
Are you trying to pay off student loans, build up your savings, or do you just want a little extra spending cash? Regardless of your reasons for wanting or needing more money, there are plenty of opportunities out there.
If you’re already working a full-time job, though, it might seem like you don’t have enough hours in the day to earn extra income. Fortunately, there are other ways to bring in a little extra each month — no job applications necessary!
Here are some ideas on possible ways to earn extra cash, without having to get another full- or part-time job.
If your home has spare bedrooms that no one uses, you could be making extra money on them.
There are two ways to go about this: renting long-term to a roommate, or renting short-term on vacation rental sites like Airbnb.
If you decide to pick up a roommate, try renting to friends or a family member that you are comfortable sharing a space with. This could put you at ease if you don’t like the idea of inviting a stranger into your home. Regardless, you should use a lease agreement no matter who rents your space!
Depending on where you live, short-term rentals on vacation rental sites can earn you more money than traditional long-term leases. However, it’s important to remember that it’ll require a lot more time, as you’ll have to attend to guest needs and turn the room over between guests.
Selling things online is a great way to make extra cash and declutter at the same time. You’d be surprised at what people will buy! List clothes that no longer fit, collectible items, or even kitchen gadgets taking up cabinet space.
Of course, eBay is an obvious choice. But remember, there are plenty of other sites out there to choose from, depending on what you’re selling. Check out Craigslist, Etsy, Poshmark, ThredUP, or even throw things on your local NextDoor.
Okay, this one definitely requires some time on your part, but if you put in the effort, it could pay off. The first year might start off a little rough, but a good blog can bring in plenty of extra income once it’s established.
Before getting started, make sure you do plenty of research on what makes a successful blog, how to get a domain and hosting, and how to use advertising to make money. If possible, reach out to other bloggers for tips.