What Are Five Things You Can Learn to Make Some Additional Money?
The potential for additional earnings is practically unlimited. Some might be delving into day trading and understanding the day trading tax rate. Others might be starting a writing business or a graphics business. With a combination of new skills and certain techniques, you can turn a consistent income, or even a side hustle, into a highly lucrative situation. If you’re ready to capitalize on your talents, here are five easy ways to make money and get paid fast.
Sell Your Services
Your phone could already be ringing off the hook, so it may not seem necessary to create a special, job-specific website. But what if you could hawk your services to as many people as possible or a particular service you’re capable of performing?
It all starts with personal branding, a network of contacts, and expertise in your specific field. Once you have a site, list services in your area and offer an hourly rate for work done. For example, your clients could call and ask you to paint their house in exchange for a few dollars.
Pay by the hour rather than requiring clients to pay upfront for services like this. Create your own YouTube channel since you’re already showcasing your talents through your blogs, social media, and websites. Why not branch out?
Start a Blog
Writing articles for your blog can be quite lucrative, especially if you’re blogging for a niche market. You can either write for other people’s blogs or set up your website (with affiliate links to your products or services), which you can later sell to readers.
The first step towards making money with a side hustle is to start an active blog. Although there are many paid blogging opportunities out there, you’re more likely to be successful with free or inexpensive blogging.
Start a free blog, keep it updated, don’t go overboard on advertising, and enjoy what you’re doing. From here, you can search for affiliate opportunities. Find a platform that allows you to earn a commission by referring customers to the merchant’s products or services.
Create a YouTube Channel
If you’re creative, great at writing, can produce videos, and want to earn some extra money, then consider creating a YouTube channel. You just need good internet and a smartphone that has a camera (or a mobile device that can record and send you live feeds), and you’re good to go. Just as an example, if you earn a flat fee per month and you produce videos that have a high click-through rate, your channel could be making you enough money to skip paying your rent.
If you’re a web developer, then you could create a video course that teaches others about one of your specialties. If you’re a photographer, you could create a video tutorial on how to take a professional photo of your product. If you’re a writer, you could create a how-to guide about a new website feature.
Invest in Cryptocurrency
Bitcoin and other cryptocurrency trading is a popular strategy to get some quick cash, especially for beginners. In 2016, the worldwide value of cryptocurrency exceeded $100 billion, and it’s only growing in value.
Depending on the skill set of a potential investor, your contribution could net a sum of $10,000 or $100,000. But be careful with this type of investment, as you may be putting your money into something you don’t fully understand. With its growth and that of Bitcoin as a whole, a number of different investors and speculators have benefitted from the opportunity to buy bitcoin and resell it for a hefty profit.
A popular alternative to cryptocurrency that has caught on is Ethereum. Though Ethereum has been on the rise for a while now, it appears to be moving up in value almost exponentially.
Sell Your Unused Stuff
Whether you’ve been holding on to items just because they’re brand new, or whether you’re more of a sentimental person, you can sell your unneeded items for real cash. For example, you can try selling your old cell phone to a reliable eBay auction site. You can also put your old stuff on eBay, Letgo, or Craigslist. This will let you make some money without dealing with the headache of an in-person sale.
If at home you have anything you’re not using anymore, or even if you have unused furniture that’s sitting in storage space, there’s no reason you shouldn’t try to sell it. Selling your old stuff online, on consignment, or through Craigslist or Facebook can earn you some money. In the spirit of being a minimalist, try selling secondhand items like old books, knick-knacks, or even old clothes. You can even begin an online store through eBay or Craigslist to sell your used stuff!
Not every hustle is a sure-fire success, but a few hustle ideas can help you earn money on the side. Whether you want to do most of your hustle work at home, in your office, or your favorite coffee shop, you can make money by picking up little tasks or offering to do others small tasks for a small fee. You can make money in many ways, and with some determination, you can join the millionaires club.