There are a number of reasons you may wish you made more money.
Maybe you’re just trying to boost your savings or perhaps you’ve incurred some unexpected expenses.
Whatever the case, most people will simply need to wait until they receive their next raise before they’ll enjoy a larger income. Even then, the extra cash might not be enough.
Fortunately, there are countless opportunities to make money on the side without quitting your current job.
3 Options for Making Money on the Side without Quitting Your Job
An exhaustive list of all the ways you can make money on the side without quitting your day job would go on for days. However, the following three options should prove to be possible for most people.
1. Freelance Writing
While you’ll need a slightly better grasp than your high school English classes gave you, basic writing skills are more than enough to begin a freelance career. Just set up an account on one of the following sites:
For best results, focus on a type of writing (e.g. blogging, sales, whitepapers, etc.) and then work hard at improving your abilities. This will make it easier to find clients and charge more.
2. Leverage What You Already Know
Many people already have a talent they can use to make money on the side. All it takes is a little work to put this information in other people’s hands. However, after you do, you could have a completely passive form of income.
Again, best of all, once you create a course or eBook, you can profit without doing any further work.
3. Rent Out Your Vehicle or Property
You probably already know about Uber and Lyft. If you have a vehicle and some time to spare, these two companies could put some serious cash in your pocket. They don’t even require a set schedule. Whenever you have free time, your car could be making you money.
Airbnb offers a similar promise, albeit you probably won’t have as many options to use it. Nonetheless, the next time you’re out of town, cut your costs a bit by renting your home out.
If you have extra space and don’t mind a roommate, you can even rent out part of your home on a long-term basis and enjoy a new monthly paycheck.
Make the Most Out of the Money You Earn
As we said, these are the three options most people should have the easiest time implementing.
No matter how you decide to make money on the side, though, Mooney Lyons can help you make the most of it. Contact us today to find out how we can manage and invest your money to help you pursue your unique financial goals.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Stock investing involves risk including loss of principal. The entities listed are not affiliated with, nor endorsed by, LPL Financial.