3 Effective Methods for Making Some Money on the Side

3 Effective Methods for Making Some Money on the Side

Good Things Come to Those Who Hustle: 3 Effective Methods for Making Some Money on the Side

 In the post-2008 economic climate, financial security is hard to come by. Unexpected expenses can throw your finances into turmoil at a moment’s notice, and fast cash personal loans can will only go so far towards balancing a budget.

Increasingly, people are turning to second jobs or side gigs to earn some extra cash to pay off student debts, save for a deposit for a house, or pay off a credit card. These are three effective methods of earning a little extra money on the side.

Rather than explore popular second job options, these side gigs afford you the flexibility to dictate your own working hours, giving the freedom to perform them alongside full or part time employment.

 

Teach Someone a Skill

Chances are, if you are over the age of 18, you have likely developed a skill you can teach to others in exchange for money. Are you great at soccer? Run a soccer school for kids on Saturday mornings. Speak a language? Tutor high-school kids in that language. Alternatively, if you are good with computers, teach someone basic IT or coding skills.

There is always a host of people willing to pay for the acquisition of a new skill. You can meet that demand. The best part is you don’t have to be an expert. You just have to know significantly more than someone else. Don’t know a lot about computers, but know enough to get by? Teach a senior citizen how to use basic computer programs. Are pretty good at a language but not fluent? Teach beginners.

Because you can set your own rates, you have the ability to charge what you are worth. If your skills aren’t as good as someone else’s, simply price your services lower so the price reflects your inexperience.

 

Get into the Wedding Industry

It may not be the most obvious way to make money, weddings offer a unique opportunity to earn some fast cash on the side. You can easily become ordained online and become a wedding officiant. However, you will have to be good at public speaking and comfortable speaking in front of large crowds.

If you aren’t, don’t worry, weddings are a gold mine of potential money-making opportunities. There is the possibility of becoming a professional bridesmaid. People pay professional bridesmaids to organize bachelorette parties, hold up the wedding dress and round up guests for photos.

 

Drive for a Ride-Hailing Company

 Companies like Uber and Lyft are a great way to make a bit of extra cash. While the pay may not be huge, they give drivers the ultimate flexibility to dictate their work hours, and a savvy driver can make sizeable sums of money in a short space of time if they work in peak hours. Naturally, you will need to have your own car. You also have to be 21 and are able to pass a background check. But if you meet the requirements, you can earn up to $750 a week through driving for a ride-hailing app.

 

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