7 Actionable Ways to Supplement Your Income
Do you want to earn some extra cash? Maybe your day job isn't providing you with enough spending money. Perhaps you want to start a small business or you invest in your kids' future.
Here are 7 great ways to earn some extra money.
1. Affiliate Marketing
Affiliate marketing involves writing articles about products in a particular niche and earning commissions when someone clicks on the link from your website and buys the product. So obviously, you'll need to create a website to get started with affiliate marketing. You can start by purchasing a domain name from a site like NameCheap and then get hosting from places like Bluehost.
2. Write an eBook
If you're an expert in a certain field, you can write an extremely authoritative eBook about a chosen topic to provide readers with valuable information. You can then sell the eBook on Amazon and make a nice profit.
3. Sell an Online Course
Like writing an eBook, creating an online course is great if you know a lot about a particular topic. Even if you're not an expert, you can still be successful in selling an online course if you do extensive research about your particular topic. An online course is more visual than an eBook, which is great for people who are visual learners.
4. Freelance Writing
Are you a skilled writer? You can try your hand at freelance writing. Submit your amazing content to businesses or publications. You can also use freelance sites like Upwork and Fiverr, which are great for beginners.
5. Start a YouTube Channel
If you get a good number of views from your videos, you can earn some income with YouTube. Starting off, you can create high-quality videos with your smartphone. Just make sure it has a decent camera.
Then, once your channel grows and you've made a good bit of money, you can invest in a nice camera. This will boost the quality of your videos considerably and thus, generate more views. As a result, you'll earn even more money from your channel.
6. Ridesharing
If you're at least 21 years old and have at least one year of driving experience, you can supplement your income with a rideshare company like Uber or Lyft, which involve driving people to different locations, similar to a taxi service. The great thing about ridesharing is the fact that you can choose to get on the road whenever you want to, making it a flexible way to earn some extra money.
7. Dog Walking or Pet Sitting
Are you good with pets? If you're an experienced pet parent, you can put some extra cash in your pocket by dog walking or pet sitting. You can start by using an app like Rover. You just create an account, upload a nice picture of yourself, and make your profile attractive to customers. Talk about how much you love animals and how many years of experience you have working with them. If you're just starting out, you may do well by offering a lower price to attract clients who are on a budget.