Lack of money or insufficient money to meet a need or solve a problem can lead to some health issues that might cause a person to spend the money he or she is looking for if not taken care of and that is why this article on top 10 ways to make extra money was put together. Also In this recent times, a lot of people are looking for additional sources of making money. Most 9 to 5 workers cannot depend wholly on their salaries anymore. Either the salaries are not paying all the bills or they are not forthcoming as expected. Therefore most people are left with the option of looking out for side hustles to make them extra income. There are several ways to make extra income. But I’ve decided to share with you the top 10 ways to make extra money
When it comes to finding a side hustle, people are often confused as regards what to do. Several thoughts bug their minds. Thoughts like; which side hustle can I do? How much will it cost me to start one? How do I combine it with my regular 9 to 5?
Side Hustles can be work-from-home jobs, part-time, ongoing, and sometimes often become full careers for some people. All these depend on your decision and the information you have about your choice of side hustle.
The internet is a great place to make extra income. Whether you are a full-time worker, student, or sit-at-home mum, there are ways to make money from the internet with little or no capital most times.
Top 10 Ways To Make Extra Money
1. Affiliate Marketing
This is one of the hottest ways to make extra money. Affiliate marketing is a way of earning money(commissions) whenever you promote and sell another person’s product. You are expected to do two major things; promoting, and selling. Just like a Sales Representative who earns a commission on sales. But the difference is that you don’t need to do the physical marketing before you make a sale. You have a system online where you can find buyers and also sell to them.
People make as much as six figures from affiliate marketing. But before you can start affiliate marketing, you must do your due diligence. You need to find a product that can sell very well. You must be certain of your love for the product and ability to sell it.
2. Book Publishing
This is another extra money-making venture. I say this because there are lots of testimonies to this. You don’t need money to publish your book online. I’ll stun you the most because you don’t even need to write a book before you publish one. You can publish someone else’s book, all you need is your phone or laptop, and the time. You can write and publish ebooks. You can also buy already written and selling ebooks for a very little amount of money, do a little editing on them and resell them in dollars.
Have you heard of Okada books? Okada books are one of the many online websites that makes it easy and fast for you to publish a book for free. Okada books also allow you to monetize any book you publish. This means you earn money anytime people download or read your book.
3. Selling items online
Selling online helps you reach a larger market because the world is now online. Everything’s happening so fast on the internet. You can make a lot of money selling online. What do you need to start selling online? Set up an e-commerce site(if you can) where you can start selling different products. Most preferably lookout for existing e-commerce sites where you can easily set up an online store for free. Then you can drive traffic to your store. The next option will say a bit about how you can drive traffic to your store.
You can sell digital products, or other products too. Perhaps you need to know that the product must not be yours. You can sell someone else’s product.
4. Social Media Marketing
This is another way to make extra income. Social media marketing can be on Facebook, Instagram, or even WhatsApp. Precisely I will talk about WhatsApp. Whatsapp is more direct. It can easily give you access to convert people from just contacts to customers. If you have a large contact list, then it means you have people who need various things at different points in time. Some people have products to sell and want other means of expanding their marketing methods. You can reach out to small business owners. Reach out and let them know they can get more than a thousand views on their product from your WhatsApp status.
You can also build your contact list and start advertising people’s products on your whatsapp status.
5. Taking online surveys
Some organizations pay you for helping them answer survey questions. Most of these organizations come online to look for people to take these surveys. They need these surveys to improve their products. Sometimes they pay in dollars because some of them are foreign organizations. The amount you make is dependent on how many surveys you can complete in a day. The payment can be in cash, online gift cards, or shopping vouchers. However, be sure to do your due diligence so that you don’t get scammed. Keep away from companies that tell you to pay a little to complete any survey.
6. Uploads on Property Websites
Uploading available properties in your residential area can earn you some agency fee. property websites like Jumia and Tolet are good places to earn such money. You only need to register as an agent on their site and you are good to go.
Perhaps you know some properties available for rent or sale, then you can jump in on this one.
7. Blogging or Vlogging
A lot of people are cashing out on this regularly as a side hustle. At the moment you are reading all this information from an article in a blog, isn’t it? Have you thought of how much the blog can be generating? You don’t need to be a writer. Some writers can be paid to deliver articles for your blog. When you’re consistent in providing valuable content on your blog, you attract people. These are people with a lot of interest in the information and products related to your niche. With more traffic, you can make more money provided your blog is monetized.
Your blog can also fetch you a lot more than money if you know. I guess you’re wondering what it could be.
Vlogging is a means of distributing video content. Youtube is a good place to start with this.
8. Data Entry
This is another way to earn extra income. Data entry jobs are mostly remote jobs. Sometimes they are remote and part-time as well. Your daily task as a data entry clerk is to enter and update data into a client’s database. It’s a job with an hourly payment plan. You are paid by the number of hours it takes you to deliver on this job. As a data entry clerk, you can also perform other duties like compiling information and reviewing data to ensure accuracy. Data entry jobs are regularly at your disposal on the internet.
9. Virtual Tutoring
Teaching has gone beyond the physical setting in recent times. People are making money from the online version of teaching now. You can be an academic tutor and assist students at various grade levels. Sometimes English tutors are hired by some large organizations to help students with the English language in countries where the language is not spoken very well.
You can also teach people other things you know. Cooking is one of them, don’t think otherwise. Some people are interested in learning some special kind of dishes that you know how to cook. Others want to know how to navigate through being a sit-at-home mum & and an entrepreneur. Tutors NG gives you a chance to monetize such knowledge by providing learning materials for those in need of such.
10. Baby-sit in your house
This should work mostly for the sit-at-home mothers. As a sit-at-home mum having a little child, you can decide to start taking care of little kids for other career parents. This will also work well if you love taking care of little kids. Asides from this, you can just decide to run school errands for some very busy career parents. You pick up their kids once school is over and you take care of them till the parents return.
These are the Top 10 ways to make extra money, If I am to add another way to make an extra income which will be a bonus it would be;
Render Professional Services
This is another way of making money that people do not always think about, rendering such service can also be done remotely. You must not have an office space to do this. Some consulting agencies started this way.
Moreover, as businesses and startups are floated daily, the need for such services keeps increasing. Businesses in a bid to cut costs can contract such service out to people who will be minimal with their charges. Services such as bookkeeping, customer service, auditing, and the like can be offered.
Civil servants do not always think about this. From the time of active duty to the time of retirement, this can serve as an extra source of income.
Conclusion
There are so many other existing methods to make extra income. Start with these top 10 ways to make extra money which you have learned in this article. Pick out whichever one that suits you and start with it. It will surely take some hard work and consistency. Creativity with these methods will also help you a lot. Learn more and experiment.
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