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- 40+ Extra Income Ideas and Ways to Make Money
Log In Earning a side income can completely change your life by relieving stress from bills, giving you more freedom to do the things you desire, and to help you toward your financial goals of getting out of debt and retiring filthy rich.
However, earning a side income can also be quite intimidating at first.
Start a service business
I started a little blog 7 years ago, and it has become my full-time income for the last 5 years. Much of my income comes from Amazon affiliate. Anyone can sign up for the Amazon. It works by you starting a blog and then linking to products on Amazon with a special trackable link. Between 2 and 6 months to start, but once you have some traffic, the income is very passive and can grow quickly.
Startup Cost: Very options for additional income low.
What is Passive Income?
Bookkeeping If you have a working knowledge of Quickbooks or know something about accounting, then doing the books for a small business may be a good option for you. Unlike preparing taxes where a license as a CPA would be necessary, bookkeepers generally are not required to be licensed. This is an excellent side income that businesses are usually extremely glad to outsource. You can get a few hundred or a few thousand dollars per month, but there will be a limit to how many clients you can realistically service while on the road and not wanting a full time job.
Startup Cost: Very low. There are certainly those who earn large sums with books, but only if you have an established blog audience.
It will obviously take quite a long time to write a book, publish it, market it, and then get your royalty check. Plan on at least 6 months to a year.
2. Make YouTube videos.
Startup Cost: Low. Your main cost will be buying photos to illustrate your cover and chapters. Distributing the book will be free.
Be a Virtual Assistant I options on bitcoin a virtual assistant to help run my customer support, scheduling, and email load so I can focus on my blogging business. A virtual assistant is basically a secretary who works remotely on their own schedule at their own computer.
30 Side Hustles and Work from Home Jobs
As long as you can get an internet signal, you can be a virtual assistant. Chances are, you already know someone who would be glad to make the deal. If you have a computer and an internet connection, you have everything you need. Companies pay you to simply take surveys so that companies know what type of products to offer to the public.
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If you want some quick cash this month, then the survey sites really do work quite options for additional income. Taking online surveys is not a way to earn significant money, but it can definitely earn you an extra bit of cash right away.
You can get a payment this month if you take a few surveys. Startup Cost: Zero.
The TOP 8 Side Hustles To Earn Extra Income From Home (2020)
They pay YOU! Graphic Design Contests Do you have any experience as a graphic designer?
21 Passive Income Ideas
If you know how to design logos then this can be a great way to boost your income each month. When the time for the logo contest is up, they get to pick the logo they like best and whoever designed the logo they picked gets the cash.
But with a little experience in graphic design, this is a quick and easy way to earn income on the side. Some people will offer more money for their logos.