You love your day job. But, you also need some extra money to help pay for those student loans and you want to save up for a proper vacation.
In America, having more than one source of income is pretty common! A recent survey found that about 45% of Americans have at least one side job or “side hustle”.
But how can you work your full-time job, take care of your family, and manage a second job? Don’t worry, we did some research to get you started. Keep reading to learn our favorite money making tips for those looking to add to their income and diversify.
For those who kept up good grades all through school, a rewarding side hustle is online tutoring. Many websites hire tutors in a wide range of topics and fields.
These are most often freelance jobs. So, you decide how much work you want to take on and the hours you want to dedicate to tutoring.
Take Online Opinion Surveys
Do you have an opinion about everything? Do you want to get paid for your opinions? Then why not take online surveys in your spare time?
You only make a few bucks for each survey, but it’s better than making no money! For this side hustle, the key is to take as many surveys in as little time as possible.
Beware of scammy survey companies though. You’ll waste hours taking surveys that you’ll never see a cent for.
Money Making Tips for Investing
If you have a little extra money that you can invest, that’s another great way to increase your income. These days, you don’t need to hang out on Wall Street to make money in the stock market.
You can even use your spare change, rounding up debit card transactions to invest money that you wouldn’t miss. Websites like Money Making Apps feature apps like Acorn that link to your checking account and make automatic investments a no-brainer!
Consider taking a class about buying and selling stocks, or hire someone to help manage your portfolio before jumping in on your own. Having sage advice before you choose your investments makes a big difference in your success rate.
Turn Your Spare Time Into a Side Hustle
No matter how much time you have to spare after your day to day responsibilities, there’s a side hustle that you can manage. The trick is to have excellent time management skills and discipline.
Once you get the hang of one side hustle, you may feel like you still have time to spare. Why not add more side hustles and expand your empire!
We hope you enjoyed reading this article and that you learned some great money making tips to help you start your own side hustle. If you’re looking for more great advice about business, check out the rest of our blog today!