Easy Ways to Earn Extra Income
Bringing in extra income to contribute to a dream vacation, make needed repairs or to save for a rainy day is easier than ever with endless options available online, at home, or on the side. Whatever you reason may be for earning more money, check out these different ways you can start earning money immediately!
Get paid to be a company ambassador – For people with a large social media following, a business may pay you to make social media posts about their company. Most companies have information on their website on the requirements and how you can get paid. However, if you don’t have a large social media following, there’s still additional ways to earn money through company ambassador programs. For example, BankPlus offers a Refer a Friend program available for anyone to participate in. And with this program, individuals can earn up to $500 per calendar year.
Get paid for your creative skills – If you have a creative skill, freelance work in your free time can generate big bucks. Whatever your specialty may be from writing to voice-overs or building tables to making jewelry, you could be earning money. Websites like Etsy are a great place to list items for sale, or you can look up freelance work on a site like Fiverr.
Earn passive income through a high-yield Savings Accounts – A simple way to earn more money is by moving any funds you have in a traditional savings account or stashed away in your drawer at home into a high-yield savings account. This keeps your funds liquid, is a low-risk way to invest your money and your funds are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000.
Provide your feedback – Opportunities to review products and services for companies has picked up in recent years and the options to earn income or store gift cards is plentiful. Online options give you the flexibility to work on your own time by completing surveys or leaving reviews and you get paid for each completion. Focus groups are also a great way to earn income for a dedicated amount of time through your participation.
Rent your belongings – If you live in an area that people travel to frequently, consider using the extra room above your garage or guest quarters on a site like Airbnb. Or consider renting out other items people may need like baby gear, lighting and audio equipment, a vintage vehicle for a photo prop – the possibilities are truly endless companies like Fal Llama and BabyQuip make it easy.
Once you start bringing in your extra money, keep track of your funds separately by establishing a free checking account and tracking your money earned through Money Manager.