In today's world, you don't actually need to level up at a traditional job to build your wealth. More people than ever before are choosing to take up side hustles, freelance gigs, and other ways to earn more money.
The tricky part is people are generally more comfortable making more money by getting a new job with a higher salary, but that's not necessarily the easiest or most convenient option.
Here are 15 ways you can earn more income without starting a new job.
Earn as much as $1K doing simple online tasks
A company called Freecash has compiled all sorts of quick cash tasks from about a dozen advertisers and market research companies thirsty for more data. Freecash has paid out over $13 million to users since 2019, and has over 50,000 five-star reviews on Trustpilot.
Sign up here to see how much you could earn.
Do market research
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There are several different types of paid market research you can do. For example, brands or companies pay people to take online surveys, participate in focus groups, and even give opinions on drugs or medical treatments.
How much you get paid depends on the type of research you're participating in. If you have some free time, market research can be a great way to earn extra cash and get ahead financially.
Resell clothes and other items
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There are plenty of apps and companies dedicated to selling specific items online.
If you want to clean out your closet and make cash in the process, consider selling clothes on apps like Poshmark or Depop. Use sites such as eBay and Facebook Marketplace to sell non-clothing items.
House-sit or pet-sit
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House-sitting and pet-sitting usually don't involve a lot of effort. People might hire house-sitters to keep their homes clean and water plants while they're away. Pet-sitting might involve walking and feeding pets.
These roles are technically be considered jobs, but they offer enough flexibility that they rarely feel like work.
Aspiring house-sitters can find gigs through sites like Housesitter.com or Nomador. Dog-walking sites such as Rover also offer pet-sitting services.
Stop overpaying when you shop online
Tired of chasing coupon codes and comparing prices across tabs? Try Capital One Shopping — a free browser extension that scours the internet for coupons and flags better prices while you shop.
Add it today and you could stop overpaying!1 <p>Capital One Shopping compensates us when you get the browser extension using the links we provided.</p>
Create video content or podcasts
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If you have a niche interest or talent, you might make money creating video content on YouTube, TikTok, or by creating a podcast. This route likely will require some time and work to grow your audience.
Buy a rental property
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Renting out a property is a popular way to make money in your sleep. This passive income can be great, but becoming a landlord has its own unique set of challenges.
Those considering purchasing an investment property should research average rent prices in their area, mortgage rates, real estate law, and other factors.
Test websites
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Companies often look for people to give them feedback about their websites.
You can sign up through a service such as UserTesting and then pick up work. You might scroll through websites and share your opinion on what worked, and what didn't.
Sell custom clothing
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With a quick Google search, you'll find many stories about people who make good money selling custom clothing online. You don't even have to be a fashion aficionado to do so.
Start by designing and selling T-shirts on a site like Printify. You can also nab your own T-shirt heat press online for cheap and sell your products on sites like Etsy.
Shop for others
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If you don't mind browsing grocery aisles, you can make decent money shopping for other people.
Sites such as Instacart are growing in popularity. If you happen to work in a densely populated area where many people shop for groceries online, high demand will mean you can schedule a few orders in one day — and then take a few days off.
Put wagers on your weight loss
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If you want to earn money and trim your waistline in the process, there are websites and apps that pay you to lose weight.
Companies such as HealthyWage let you set your goal weight and bet a specific dollar amount that you'll reach it. If you are successful, you'll earn some cash.
Resolve $10,000 or more of your debt
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.2 <p>Clients who are able to stay with the program and get all their debt settled realize approximate savings of 45% before fees, or 20% including our fees, over 12 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Please consult with a bankruptcy attorney for more information on bankruptcy. Depending on your state, we may be available to recommend a local tax professional and/or bankruptcy attorney. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating.</p>
Sign up for a free debt assessment here.
Shopping pro tip: This month's best deals
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August is here, and with it comes the final stretch of summer. It’s a great time to soak up the season and scoop up hot deals before they fade. Look for savings on:
- Travel and getaway must-haves
- Back-to-school basics
- Clearance swimwear and warm-weather styles
- For grocery savings, grab peak-season produce, like tomatoes, cucumbers, melons, and berries
As retailers shift their focus to fall, August is the last chance to snag summer essentials at unbeatable prices. Shop smart now before the season (and the savings) slip away.
Rent out your car
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If you have a car that often sits idle, rent it out for quick cash. Websites such as Turo let you hang out at home while your car makes money for you.
There are some basic requirements cars need to meet to be eligible for Turo. For example, to get started, your vehicle generally cannot be more than 12 years old or have more than 130,000 miles on it.
Sell gift cards
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Do you have a collection of unused gift cards piling up in your junk drawer? If so, another quick way to earn cash is selling those cards on a website like CardCash or GiftCash.
Most gift cards remain valid for a few years after they are purchased. So, if you have some from stores or restaurants you don't plan to visit, it's worth it to try trading them in.
Rent your home on vacation apps
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If you have a spare room or vacation home, rent it out when you're not using it on a site such as Airbnb or Vrbo.
This is another great way to make passive income. All you have to do is list the property, communicate with guests, and ensure that your space is cleaned and serviced between each stay.
Earn cash back for shopping
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Credit cards and cash back apps can help you earn money when shopping.
Keep in mind that companies offer cash back perks to keep customers shopping and spending more. However, as with couponing, if you can figure out how to work the system, you can earn serious rewards.
Rent your parking or storage space
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Even if you don't have a full room to rent, you can still make cash renting out your extra space. Many people need storage, so you might be able to rent out space in your garage or shed.
If you have a parking space — particularly if you live in a city where parking is in demand — you can make money renting that out as well.
Quick tips: How to prepare for economic uncertainty
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Uncertain times call for a review of expenses that goes beyond simple cost-cutting. Here are some steps for you to consider:
- Build a 6-month emergency fund. Prioritize this above other financial goals.
- Compare rates on big ticket items like auto insurance to make sure you aren't overpaying.
- Delay major purchases when possible.
- Consider a side hustle that can generate income with minimal startup costs.
During challenging economic periods, try to focus on what you can control. And remember that financial resilience isn't built overnight.
Mow lawns and shovel snow
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While it's certainly labor, you can make money offering landscaping services, like mowing lawns or trimming hedges. You can also offer other services, such as shoveling snow or blowing leaves.
These are all great ways to earn money while getting a good workout in. This can help you keep both your physical and financial fitness in good health at the same time.
Bottom line
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If you want to boost your bank account fast, many of the items on this list can help you get there. Additionally, they may become profitable long-term businesses if you put in enough time and effort.
Trying out different side hustles is a great way to create a new stream of income and find something you enjoy doing in the process.
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