Finances

8 Smart Ways To Make Some Extra Money On The Side – 2020 Guide

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Written by John Marmolejo

Whenever in need of some extra money, there are always other smart ways to get it. Working on the side has been a viable option for many, especially those that struggle in this pandemic.

And there are plenty of side gigs out there that you can take that work with the skills you have. So, to help you out, we’ve decided to give you a list of 8 smart ways to make some extra money on the side.

Think of this article as your 2020 guide as we will touch on some topical things. With that said, let’s start.

1. Coaching Gigs

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If you possess a certain skill then you can utilize the power of coaching to make some money on the side. These gigs can potentially turn into a great full-time job.

The problem is that there are so many coaches out there that you have to be very good at the particular skill to succeed.

But, what exactly will you be doing? Well, you will essentially offer some sort of advice, assistance, or even land a hand to individuals, businesses, and startups.

You will offer your skills in hopes to help the other party in whichever possible. Do know that businesses and individuals pay a lot of money for coaching.

2. Freelancing

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Freelancing might well be the best way to make money on the side. Freelancing encapsulates a huge field where you can utilize your skills to help increase your earning.

Unlike coaching, the freelancing doesn’t ask of you to commit to a long term future nor commit to a single client. You could do a job for a client and never see him again.

But what is freelancing? Freelancing is essentially getting “hired” for a short or long-term job without actually being part of a business. As a freelancer, you will be outsourcing your skills to businesses and individuals and get good pay in return.

Freelancing can be anything as long you can find it. There are plenty of websites that serve as a freelancing platform that helps connect you to potential clients.

3. Sell Unwanted Stuff

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If you’re in desperate need of some money, then a smart way to obtain the cash is to sell unwanted stuff.

IA good way to raise money is to sell that old car of yours. You can even go as far as to do a yard sale and see what comes off it. People love buying other people’s stuff, so selling what you don’t need is a smart way to make money on the side.

4. Become an Uber Driver

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When we think about smart ways to make money, very few come as close as this one.

Becoming an Uber driver is quite possibly the best thing you can do. Not only do you don’t have to commit to anything, but you work on your terms.

Most people that drive for Uber do it on the weekends. And the results are very surprising. If you work hard for it, you can make as much as $40 an hour.

5. Complete Surveys

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Surveys are always an option and they appear on most “how to make money online” articles.

And for good reasons, as completing surveys is a smart way to make some money on the side. However, unlike most options on this list, you will have to work hard for it.

Survey sites understand that the market is in dire need of funds, but they won’t let you have it all. Thus, you will have to do your research and find the best surveys that pay well and constantly put out potential work.

To help you out on the selection here is a great article from surveydolla.

6. Affiliate Marketing

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From the list of smart ways to make money on the side, doing affiliate marketing gives you the best possible chance to turn it into a full-time job.

This gig is when you promote other products or services on your website. Your website will most likely have to be a blog where you’ll write reviews on certain products. The subject of the blog posts isn’t that important, what’s important is that you will get have to register with an affiliate program to earn money.

The way you earn money through affiliate marketing is by getting a percentage of each sale people make through your website. If you really want to honest about it, you need to openly state what you’re doing in your blog posts.

7. Micro Jobs

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Micro jobs are exactly what they sound. These are jobs that require very little from you and don’t pay that great.

The way micro-jobs work is through certain platforms where tasks are laid out to you. The task will explicitly say what needs to be done and hand you clear instructions on how to do it.

In most cases, these jobs require only a few seconds to complete. Most are related to taking pictures of products or things, and the average hourly rate is calculated to be around $7.

8. Publish An E-Book

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If you are particularly artistic, then publishing an E-book is a great way to get your name out there and make some money on the side. A lot of prominent book authors have starter their careers such as this.

They’ve needed money so they’ve written a book. And this doesn’t have to be creative writing. You could put together a book on literary any topic.

Are you a particularly good digital marketer? Then how about you publish a book about that? The options are limitless and the potential is always there to turn it into something much more.

You don’t have to write a 500-page novel, you only need to use what’s in front of you.

Conclusion

These were our 8 smart ways to make money on the side. We hope you liked them and perhaps use some of these to help you through these hard times.

And to finish off, other ways exist that are just as good if not better.

About the author

John Marmolejo

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