One or two afternoons a week, students drive to our house and she teaches them music. To boost your income, you can also travel to the student’s house or meet at your local community center. However, teaching music from home is also really easy as it can be taught from any common room in your house.
Have you heard of peer-to-peer lending? It’s a financial system that matches borrower with investors that are willing to fund their loans. As an investor, essentially YOU are acting as the bank, which is pretty neat. Using a service like Lending Club is a great way to act as a lender and earn interest on your money.
If I can provide that installation, I get paid $1 of that. It’s actually good money and very consistent (unlike in-app purchases). It’s directly proportional to my download numbers and grows as your user base grows.
Scott ROCKS ON this podcast with his upbeat personality and his advice. He provides a lot of good information to improve our finances, from basic steps to more advanced. His website is also full of great information! Thank you Scott!”– Jess
If you need someone to help inspire you to a career in side hustling, then Jeffro of JasonCouponKing.com is your guy. His post on Budgets are Sexy documents his Craigslist experiment in which he posted different ads offering various services.
@Shanul, whats up. There are a few different routes to take. But your monetization strategy comes down to 1) what your business model is and 2) who your user is. To be completely honest with you, I’d tell you to test as many monetization strategies as you can. Start with the easiest, measure, and go down the line.
If you’re more of a “picture person,” you can also make money designing computer graphics and logos for individual website owners, eBook authors, and corporations that don’t want to a pay professional design studios prices.
Currently, across my sites, I make over 5 figures every single month. It varies from month to month depending on the niche and what I’m promoting but every month I’m guaranteed (okay, nothing in life is guaranteed but it’s consistent) to make at least $50,000. Check out this blog income report that I created to see where the money comes from.
If you have a spare bedroom and bathroom, and a high tolerance for other people being in your home, you may be able to make money from home by hosting people in your home. Overnight travelers are always looking for a comfortable bed and breakfast, especially since frequent travelers are often weary of hotels and motels.
If you haven’t already tapped them out, you can tap into your credit cards for cash. For the best rates, dig out any of those 0% convenience checks you may have received in the mail and cash them at the bank. You’ll still pay a 3-4% fee, but $30 or $40 to borrow $1,000 for a few months is cheaper than some of these other last-resort options.
Similar to Uber, except you’re delivering food instead of people. PostMates is an on-demand delivery service where you get paid around $20 per hour to deliver food. In fact, right now you are guaranteed to earn $1,000 per 60 deliveries in New York or San Francisco. That’s not bad.
To get the word out about your services, you’ll have to talk to a lot of people. Attend functions where your typical client would hang out. That may mean the local agricultural department’s classes if you’re a gardening consultant, or Chamber of Commerce meetings if you’re a business consultant.
Be proactive. Remember Murphy’s Law: “Whatever can go wrong will go wrong.” Make plans, complete with as many calculations as possible, then anticipate everything that can go wrong. Then make contingency or backup plans for each scenario. Don’t leave anything to luck. If you’re writing a business plan, for example, do your best to estimate when you’ll break even, then multiply that time frame by three to get a more realistic date; and after you’ve identified all the costs, add 20% to that for costs that will come up that you didn’t anticipate. Your best defense against Murphy’s law is to assume the worst, and brace yourself. An appropriate amount of insurance may be something worth considering. Don’t forget the advice of Louis Pasteur, a French chemist who made several incredible breakthroughs in the causes and prevention of disease: “Luck favors the prepared mind.”
Do people like what you post? If you have the advantage of a good follower base, then it’s time to exploit that opportunity. Affiliate marketing means spreading a message through different forms of content on your page or group. Being a performance-based marketing tool it means for a certain number of clicks from your followers on your posted content, you get paid. Generally, the forms of content used are links, story, images, or videos. As an affiliate, you use your follower base to divert traffic towards a particular website and add on to your earnings. A trusted source of earning through influence marketing is Viralsouls.
Companies will also pay you to test new products by mailing you new products for you to test in exchange for your opinion. Two of the largest companies are Ipsos i-Say and Toluna that offer thousands of testing opportunities every year! It’s possible to test household items, baking products, health and beauty products, and even online products such as websites.
MyPoints: This platform lets you earn gift cards for taking polls, answering surveys and other things you do online — a great way to cash in on long lines or an endless commute. You’ll earn a $5 bonus when you complete your first five surveys.
After you’ve installed this app on your smartphone for one week, you get to play an instant rewards game for a prize (everyone wins something). We’ve seen users win a $25 Amazon gift card, but some of the other prizes include iPads and Samsung TVs.
Thanks! This is a great list. Being a teenager myself, I have been looking for different ways to make money and some things on this list have definitely caught my eye. Another thing I have discovered, of you have more of an appreciation for crafts, is to make products out of duct tape. People seem to have interest in unique things like this. I have recently been asked to create a beach-themed check book. It does take a bit of practice and patience, but soon enough, if you stick to it (no pun intended), it will definitely be worth it. You would also need a non-stick cutting board, as these help very much in duct tape craft-making, scissors (which are also sold in non-stick form at craft stores) or an Exacto knife if you are very careful, and a model of whatever you are making so you know what size to make it, such as a wallet or checkbook. They have great examples of crafts to make at ducttape.com and other websites. If you get serious enough in your duct tape business you can even make a website to sell them on or even sell them on etsy.com for more of a profit, such as shipping if you want to charge for that, which I may do when I get good enough. Good luck!
The biggest two ad networks are iAds and Admob – the first being Apple and the second being Google. I’ve talked to a lot of developers and most agree that iAds pay out better. Typically it’s a pretty small CPM (cost per thousand impressions) that’s under a dollar and a CPC (cost per click) that can be a few bucks.
We have used Offer Up to sell items locally as well as Marketplace on Facebook. There are also local websites in every city that you can google, like: Macomb/Oakland Buy Sell Trade website. Once at one of these local websites, it will give you other local websites to try.
Direct Income – when I started making money from my blogs it was through ‘direct’ income streams. I put AdSense ads on my blog and promoted some products on Amazon as an affiliate and the more readers I had the more income began to trickle in (it really was a trickle at first). In time as my traffic grew this income grew and I was also able to experiment with other direct forms of income such as selling advertising directly to advertisers.
My name is Luis I have no idea how to make a game I have been checking some YouTube video how to make one. I know for sure the my idea is going to be a hit because this game was a hit back and the date and now for iPhone or iPad is going to be a hit let me know if u want more info?
Even if you don’t like your writing skills or have a programming talent, you can still do freelance transcription. Transcribing is detailed work, but luckily you can do it any time of night or day. Check the same sites listed above.
Scott is brilliant with finances and has the technical skills and experience to get his extremely helpful advice out to all. He is a generous soul wishing to pass along his good fortune to others in the form of what one can do for one’s self in the murky world of finances.”– A. Marie
For those who like to make handcrafted items, websites such as Etsy are ideal to make some money off of such hobbies. Dedicated handcrafters should check Etsy and similar sites to find the best fit for their products.
InboxDollars – InboxDollars is similar to Swagbucks, since you’re going to be taking surveys, shopping, etc., so if you want to maximize your return, sign up with both websites. They also offer a search engine that pays you (like Swagbucks) and you get $5 just for signing up. I won’t continue to list survey sites one after another down the list, but if you want to get paid to take surveys, also check out GlobalTestMarket, E-Poll Surveys and Survey Club.
Bitcoin mining is the process by which new Bitcoins are generated. When you perfom mining, your computer adds new Bitcoin transactions to the block chain (a public ledger where all Bitcoin transactions are stored) and searches for new blocks. A block is a file that has the most recent Bitcoin transactions recorded in it. When your computer discovers a new block, you receive a certain number of Bitcoins. Currently a block contains BTC 25. This number changes throughout time and gets smaller by the factor 0.5 every four years.
Ask for overtime at work. Have a job that offers overtime? Let your boss know you’re interested in the opportunity. Meanwhile, it might be wise to let co-workers know you’re willing to pick up any extra shifts they don’t want or need.
One method is being an affiliate at a mega-site such as Amazon.com, where commissions are up to 25 percent. Anytime anyone buys a product you’re pitching, you get a cut. And you can choose from more than a million products, including gift cards or computers.
Do you know that Facebook allows you to develop applications? You can earn through your app by applying for banner ads. You can also approach the gaming companies to sell their virtual goods through your Facebook app. If you really find it interesting to build FB apps, then take your service a notch up and build videos for others.
International Living – International Living pays $75 for each accepted post. They are mostly looking for travel experiences from countries you have visited. For this site, it’s more about your experience than your writing ability.
Some people have made big dollars by owning desired domains and selling them to hungry buyers. For a minimum investment of buying domain names you feel will be popular (typically $10 to $20), you might make a big profit selling it down the line.