Top 25 Ways to Get Extra Money in 2024
If there’s one thing you can never have too much of, it’s extra cash. We could all do with a little extra money to pay bills or pad our savings accounts. The good news is that there are lots of ways to make extra money. In fact, there’s something for everyone, no matter what your skill levels, how much free time you have and how much you have to invest. So, let’s look at some good ways to make extra money in 2023. Here’s what you need to know.
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Become a Dog Walker
If you love dogs, then you will love this one! Rover.com is a leading dog sitting and dog walking app, and if you live in areas they serve, you can sign up to become a dog walker or sitter. It’s also relatively easy to create your own dog walking business, or to offer a dog sitting service when people go away or can’t be home for their furry friends. Not a bad answer to the question of how to make extra money for dog people!
Offer Babysitting Services
This one is really simple, and you can either sign up on a site like Care.com to market your services, or just print flyers and pass them out in your neighborhood. People always need babysitting services, so while you might need to do a course to do this, you can get started quickly. If you have kids of your own, you can even offer this service in your own home, so you can still be around when they need you.
Create a Course
Online learning is big these days, and everyone has something to teach! If you’re wondering how to make an extra 1000 a month, this is a great option. You can sign up to sell your course on a site like Udemy, and the nice thing about this is that you only have to make your course once to be able to sell it many times. So, it becomes a great passive income option.
Use Your Professional Skills
If you have a job doing something like bookkeeping or graphic design, you can offer those services after hours as a freelancer too. In fact, many people who turn their day job into a side hustle eventually find they can become their own boss full time. You might be able to use skills you picked up in other jobs too or turn an existing hobby into a money maker.
Become a Freelance Writer
There are lots of writing sites out there, and while many don’t take beginners, there are some like iWriter and Upwork that are open to everyone. You do have to be a reasonably good writer for this, but you can make some easy spare cash in your downtime. If you’re not a great writer in English but you know another language, you can also find a lot of work as a translator.
Offer Tutoring Services
If you’re great at math or science, you can offer your service as a tutor for kids in your area. You can even do this online if you like, provided you have a reliable internet connection. There are also sites like Skooli.com where you can sign up to work on their platform.
Teach English Online
There’s a huge demand for online English teachers. Most platform do require you to have at least a bachelor’s degree in something (not necessarily English) to sign up for these services. Sites like Preply pay as much as $20 to tutor online, and most of the work you need to do is very simple.
Become a Driver
Sites like Uber and Lyft exist to connect people who need a ride with people who can give them one. If you love driving and have a reliable car, this is a great answer to the question of how to make extra money. There are even sites like Getaround that pay you to advertise on your car, and Instacart that pays you to pick and deliver groceries. You could also offer your services directly, but since there are liability and insurance issues, you might want to put extra thought into that.
Deliver Food
There are all kinds of delivery apps like Door Dash, SkiptheDishes and UberEats that hire people as delivery drivers. While this might not be the answer to how to make an extra 1000 a month, it will give you some pocket money. You can also choose when you want to work and how many deliveries you want to do. Bear in mind, however, that in many cases, you will need to purchase your heat bags yourself, before you can start earning.
Start a YouTube Channel
If you have a hobby or interest, and you’re willing to talk about it on camera, you can be a YouTuber. There are people doing everything from makeup tutorials to game reviews on YouTube, monetizing their channels, and making a living off it! Some have even gone on to turn their talent (whether it’s cooking or singing) into a mainstream career after starting out on YouTube! Many of the biggest names on YouTube make millions of dollars a year – and while it takes time and effort to get there, it’s possible to start with nothing and still make a full time living off this.
Game On Twitch
Twitch is mainly for gamers, but if you’re great at any game (or fun to watch while you play them!) you can make a good living off this platform too. There is a lot of competition on Twitch though, so you really will need to stand out from the crowd if you want to turn this into an earning opportunity.
Write and Publish Ebooks
Writing books and getting them published used to be hard. Not anymore. You can write novels and publish them free on platforms like Kindle and Smashwords. While there is a lot of competition, there are several self-publishing success stories that are making hundreds of thousands of dollars per year this way! If you don’t like writing or have the time to do it, you can even hire a freelancer to write your story on your behalf.
Sell Your Crafts
If you love to craft, you can make a good living selling your home made items on Facebook or on sites like Etsy.com. You don’t even need a website to be able to earn from your arts and crafts this way. You could make custom t-shirts, sew clothing or other items, do beadwork or custom signs and painting. Some people even make a good living selling craft kits.
Build Websites
This one takes a little more skill, but with easy to use site builders like Wix and Shopify, you could quite easily create a business building websites for people in a relatively short time. You can get started free though, and by the time you’ve built a couple of sites, you will have a good handle on how these platforms work.
Start a Blog
If you have an interest in something that other people want to read about, you can create a blog. Before you ask how to make extra money by writing blog posts, the answer is advertising and affiliate programs. If you can get enough people to read your blog, you can use both to make a decent amount every month.
Buy and Sell Goods
More and more people are finding that flipping secondhand items are one of the best ways to make extra money online. Buying items at a low price and then reselling them (with or without repairing or refinishing them) is a great way to make some extra cash. Some people even find items offline in thrift stores or similar and resell them online.
Start a Snow Clearing Business
Yes, clearing snow sucks, but that’s exactly why people will pay you for it! You can advertise in your neighborhood, and all you really need to get started is a shovel. If you want to keep the business going in the summer, switch to picking up dog poop or mowing lawns. In the fall, you can rake leaves too!
Offer Dump Runs
If you have a truck or a large utility trailer, you can easily advertise your services to take junk to the dump. Customers pay for their dump fees, and a small fee for your time and the use of your vehicle.
Auto Detailing
Auto detailing is another great idea for an easy and cheap business. If you’re wondering how to make extra money but you have a vacuum cleaner, some buckets, and some time, you can easily turn those things into a successful mobile auto detailing business.
Bake Cookies or Cake
Many people these days start home baking businesses. If you’re good at baking and decorating cookies or cakes, turn it into a business. Don’t want to do the actual baking? Make bags of gourmet cookie or cake mix and sell those instead! Make sure that your city or town allows home baking businesses though. If they don’t, you could get into trouble with the health department.
Rent Your Stuff
If you’re looking for an answer to the question of how to make extra money without really having to do anything, renting your stuff might be the answer! Sites like FatLlama.com let you rent nearly anything you have. Whether it’s sports equipment or camera equipment, someone needs it, and they’re willing to pay! Many people find that just by renting sporting equipment or computers they’re not using, they can make hundreds of dollars every month.
Rent A Room In Your Home
Of course, there’s always Airbnb and Vrbo. They’ve been around for a while, but they’re still a great option. Whether you rent your vacation property, an apartment on your property or a room in your home, this is an easy way to make some extra cash.
Host Exchange Students
If you’re willing to have someone stay in your home for a little longer, you can make a good amount of money hosting exchange students. You usually have to provide extras like transport to school and meals, but there’s good money to be made this way!
Copy Trading
Then, there is copy trading. This is an easy to use way to copy trading transactions easily online. You don’t need to know much about how trading works to get started, and you don’t have to spend a lot when you’re starting out. Some of the best copy trading platforms are:
eToro - the largest number of participants in the USA
RoboForex is the best according to the reviews of Traders Union users (for non us users)
This kind of trading allows you to identify top traders and simply copy what they do. So, you don’t have to learn too much about how it all works before you start earning from your trades.
Stock Trading on Interactive Brokers
Stock trading is not a short term or quick way to make extra money – at least not at first. But if you have some extra cash to invest, you can make around 10% in profit every year without doing anything. Interactive Brokers is an app that makes this easy, and you can choose to invest long term or be an “active trader.” Investing in the right stocks at the right time can make you a lot of money. Just ask Warren Buffett.
As you can see from this list, there are many ways to make extra money in 2023, and this list only just scratches the surface.
Is It Possible to Make an Extra 1000 a Month?
If you are reading this because you want to figure out how to make an extra 1000 per month, there’s some good news, and some bad news.
The good news is that it’s very possible to make a lot more than 1000 extra every month with some of these ideas. The bad news is that it usually won’t happen without some effort. There are some low effort options on this list, but most do require you to get involved and work on a side hustle.
The very good news is that many people find that when they do put effort into a side hustle, it quickly grows and often starts out earning their day job. So, by looking for ways to make extra money, you might actually free yourself from the need for a “real” job at all. Not to mention that you might be able to turn your interests, passions, and skills into something you get paid to do every day.
What is the Best Way To Make Extra Money Online?
There’s no one size fits all answer to this question. It depends a lot on what you know how to do, how much time you are willing to put into your side hustle, and how much you have to invest upfront.
Many of the options on this list are online only or partially online, but there are some that are offline too. It really depends on what you want to achieve, what you have to put into the process, and what you want to do.
Need to make a few extra dollars to pay for a big purchase? You can definitely do that.
Want to replace your job with something you like to do? You can do that too.
It all really depends on you, how much work you put in, and how badly you want to succeed in your goals. You don’t need to be wealthy to get started with any of the ideas on this list. They’re even available, in many cases, to people who are still in school, or stay at home moms and retirees. You might even find that there is more than one option on this list that appeals to you. Many people do try more than one thing to make extra money.
So there really is something for everyone, and the sky really is the limit.
How to Combine a Full Time Job with An Extra Income?
If you already have a full time job, and you’re just looking for ways to earn extra income on the side, you can still try many of the things on this list. There are just a few precautions you need to take to make sure you don’t get yourself in trouble.
These include:
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Look for things you can do on your own time. Any online or part time jobs that have set hours won’t work if you already need to be in an office for a certain time each day.
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Don’t compete with your employer! While it’s found to offer your skills as a bookkeeper if you work for a company that does something completely different, if you work for an accounting firm, you could be competing with them, and that can get you fired.
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Be very careful about taxes! If you start to earn too much from your side hustle, you could push yourself into another tax bracket, and that could be a problem. Also make sure that you track all your earnings because they are taxable income.
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Don’t take on too much. It can be tempting to want to take on more and more when the money starts flowing in, but you only have so many hours in the day. Make sure you also leave time for personal needs and downtime.
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Review your company’s policies about side hustles and “moonlighting.” Some will have policies about what you can and can’t do, and you will need to abide by those.
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Look for opportunities that have a low “hands on” requirement, that you can automate. Anything that can bring in a passive income is a great option for a side hustle!
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Know what you want. If you want to build your side hustle into something that replaces your job, you will have to put more effort in. If you just want to earn a few extra dollars for something specific, make sure you set that as your goal.
Summary
It’s easier than ever to make money in your spare time. There are apps, platforms and tools that allow you to do all sorts of side jobs. You can turn nearly any skill, hobby or talent into money. So, the only thing that is really holding you back is you!
How to get extra money in different countries
FAQs
Do you need money to start earning money on the side?
Not necessarily. It depends on what kind of things you want to do. But there are many things you can start doing with little or no money.
Is it hard to start making extra money?
No. As you can see, there are options for every skill level.
Do you need lots of time to make extra money?
No. There are some options that are more time consuming, but there are many passive income options too.
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.