In personal finance, a lot of attention is given to how you can save more money. But if you’ve pinched every penny and are looking for another way to boost your bank account you should also look at how you can increase your income. Even a monthly addition of $50 can make a big difference in your financial plan.
From small scale to large scale, we’ve compiled 30 different ways you can increase your income. In fact, several of these options could begin growing your income in as little as 30 days. It’s getting close to New Year’s after all and that resolution momentum might be just the thing you need.
- Personal Assistant – Lots of people (in all different industries) are in need of personal assistants, and the great thing is that you have the flexibility to decide just how much time you can put towards it – even a few hours a week can make a difference. Whether you prefer to help in person or online, there is a job for you. For more info, check out our guide to becoming a virtual assistant. It can be satisfying to lend someone a helping hand and earn extra income at the same time.
- Mystery Shopping – You can make a surprising amount of income as a mystery shopper and it can also play into your interests as well. Mystery shopping means you go into stores (or go to websites online) as a “regular” shopper and report back to the company on your experience. This helps the company test whether they are delivering the type of customer experience they strive for. If you’re a foodie, going to a restaurant can feel less like a job and more like a fun night out.
- Freelance Writing – For those comfortable with the written word, take a stab at freelance writing. It’s appealing because it’s usually done on a per project basis with some flexibility and can give you a nice sum to add into your budget.
- Part-time nannying – Love kids? Reach out to some of your friends or community members who might be looking for an extra hand.
- Market Research – If you’re interested in exploring new innovations and giving your opinion about performance you can participate in market research programs. You can usually find information on where to find these research or focus groups by reaching out to your local university or community college.
- Rent Your Car – If your car is just sitting in your garage, you can rent it out for a fair fee. Relayrides, getaround and parkingspotter are all websites you can check out to learn more about the process.
- Recycle – You might be tossing all your recycling into the recycle bin, but why not make a few extra bucks from it? You can recoup the CRV on any bottles and cans that you buy by bringing them to your local recycling center. Maybe not big savings right away but the little payback can add up.
- Campaigning/Greenpeace canvassing etc. – If you’re outgoing and not scared off by the idea of chatting with folks on the street, think about signing up to campaign or canvas the streets. It’s by commission but with the right attitude could make it worth your while. and you’ll also be contributing to a cause.
- Brand Ambassador – If you’re willing to represent a brand, hand out flyers and answer questions about a particular product or service then you might find be the perfect candidate for a brand ambassador. The rates are sometimes surprisingly high (up to $35/hour).
- Barista – There’s a reason that being a barista is touted as a fairly stable part-time job opportunity. With tips and generally flexible hours, you can make useful extra cash. Note: It helps if you’re a morning person.
- Serving/Waiting – Like working the coffee machine, you can see the benefits of serving and waiting in the tips and the more flexible schedule. It’s not for everyone, but can be a great way to increase your earnings.
- House-sitting – House-sitting is probably one of the greatest things you can do to make money. Earning for doing day-to-day tasks like watering plants or collecting mail is a pretty laid back way to increase income!
- Transcription – People who are quick typists can earn extra money by offering their transcription or translation skills. Browse through jobs posted on Elance and make a bid!
- Tutor – Private tutors can earn a fairly substantial hourly wage. Inquire for opportunities at libraries, schools, and universities. Depending on your expertise, you can focus on offering your tutoring services where they might be most useful.
- Moonlight as a stylist – If you have an eye for style you can earn extra cash by offering your services as a stylist. It’ll take some time to attract clientele but happy customers result in a positive reputation through word of mouth.
- Specialized freelance teacher (yoga, cooking etc) – If you have a particular talent, pursue opportunities to teach it to your community. Maybe you’re a chef extraordinaire or an expert yogi. There’s no harm in testing out the water by talking to nearby community centers or communal kitchen facilities to see if you can teach a class. Then you can unite a passion with an opportunity to earn!
- Rent your things – Sometimes your possessions can help supplement your income. Check out sites like Renty Thing or SnapGoods to see if you can rent out your tools, appliances or other possessions to those wanting to use them without having to buy.
- Subletting – If you’re going on a long vacation or have an extra room that’s not in use, you can get a return on the unused space by subletting. Craigslist or AirBnB are two commonly used places to post your sublet.
- Part-time retail – If you’re willing to work on the weekend, you might find retail businesses willing to hire you part-time. Since most retailers look for candidates with the ability to work weekends it might work well if you already have a M-F job.
- Seasonal Work – Slightly different than part-time retail, you can also consider seasonal job openings as a way to boost your savings. You’ll usually find the extra listings during summer or holiday seasons.
- Sell Your Stuff – Yard sales are a great way to make extra money. Take inventory of your belongings and separate the stuff you’d like to sell and then go about tacking up flyers and pricing your items. The extra effort to research price and sell your items can be worth it!
- Part-time house cleaning – If you’re naturally tidy, you might find the idea of part-time house cleaning an appealing option. There’s a surprising number of busy professionals who are willing to pay for a little extra help in organizing their personal space.
- Resume writing, cover letter writing – With so much competition in the job market, people are looking for help with their resume or cover letter. These opportunities for editing can be posted as a contract to contract hire or in a bundled service.
- Local stadium/ concert venue worker – This is one of the more fun ways to increase your income. Some positions are volunteer based, but with the payoff of seeing a free show or game you might actually end up saving quite a bit of money. If you already spend a fair amount on concerts or sports tickets, you can cushion your savings this way.
- Consultant for design – Just like freelance writing, you can also work with as a contract designer. Since many contracts are remote, you can also advertise your services from the comfort of your home.
- Personal shopper – Spend your time picking up items for someone else and you can pick also pick up a bit of extra income. In such a busy world, personal shopping is a huge help to someone seeking an extra hour.
- Pet-sitting – Keep an ear open for pet-sitting opportunities in the community. If you’re an animal lover it’s the perfect opportunity to hang out with some animals while making extra money.
- Trading/bartering services so that you don’t have to buy things you normally would – One of the best ways to boost your savings is to simply cut out extra spending. Trading skills for other services or items that you need can help you to decrease your spending. You can trade a night babysitting with your hairdressing friend, and get a free cut in return
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