Whilst many people are happy living within their means, for some, it’s not enough.
Earning an income of the side of your career has become increasingly more popular over the last few years, with many people seeking out ways to make a little bit of extra money outside of work. Yes, there are lots of ways to earn extra income, but they’re not for the faint-hearted.
With that in mind, here are 7 ways to make money on the side:
- Start Offering Services On A Freelance Basis
If you want to start earning money outside of your current 9-5 then why not consider offering freelance services to business in need. If you have a particular skill you think will pay good money for, then it’s worth considering whether or not you can offer it to local businesses in return for a small fee. You never know, if things kick off you may be able to make it your full-time job.
- Create A Product You Can Sell
If you’re a crafty person then creating products you can sell if a great way to earn extra income. Whether you’re making your own candles, launching your own clothing line or selling baked goods to friends and family – that little bit of extra money could go towards a family holiday or renovating your home.
- Become A Mystery Shopper And Survey Taker
Becoming a mystery shopper or survey taker is an incredibly quick and easy process, and once you’re set up you can’t earning money almost instantly. Whilst this can take up quite a lot of your time, it can be incredibly rewarding in terms of payment.
- Invest In Stocks
Although it’s not for everyone, investing in stocks could be a great way to earn money. It’s often a bit of a slow burner that builds over time, so a lot of people use this method to save for their retirement. For more information about investing in stocks and the best Schwab funds, you can visit the linked site.
- Dabble In Affiliate Marketing
Affiliate marketing is not for the faint-hearted and takes a lot of patience, but once you get the hang of it your earning potential is uncapped. To learn more about affiliate marketing and how to get started, you can visit this site here.
- Join A Multi-Level Marketing Scheme
Although frowned upon by many, MLM schemes are actually a great way to earn morning outside of your career. Most of the time you join a company as a sales representative, selling products to your friends and family using catalogues and social media promotion. Great places to start are Avon, DoTerra and Forever Living.
- Start Your Own Blog
Finally, a great (but slow) way to earn a living is through blogging. Whilst payments may be few and far between to start with, after a couple of years you may be able to make a career out of it.
Are you looking to earn extra income on the side of your career? Let us know how in the comment section below!
