While many people start a home business to create or replace a full-time income, some people simply want to generate a little extra money to pay a debt, save for a rainy day, or use as mad money for small expenses, emergencies, or impulse purchases. In the past, those who wished to make extra money needed to find a second job. Fortunately, times have changed. You can use the assets you have, whether it's skills, knowledge, or unused items around the home, to make money from home, often without leaving your house.
Craigslist. Craigslist is the scrappiest of the major online resale options. Its major perk is its enticing profit potential, thanks to the total lack of listing and selling fees for most items. The disadvantages are many and include potential safety risks and higher chances of nonpayment. If you do choose Craigslist, keep your wits about you and use the buddy system.
Sites like Cookening, EatWith, and MealSharing are to restaurants what Airbnb is to hotels. Sign up as a host to earn dough by cooking and serving meals to guests in your home. It's up to you what you want to cook and how many people you can accommodate. Cooks are paid directly through the site, so no cash ever changes hands. The earning potential for becoming a cooking host is $50-$100 per meal. Earn Online
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Everyone says you're a fantastic writer, so isn't it about time you got paid? According to Durst, Good writing is in demand, especially for online content. Good freelance writing websites to find job listings include JournalismJobs.com, upwork.com, and MediaBistro.com. If you have experience as a copy editor, writer, or proofreader, go to editfast.com to find freelance opportunities in these areas. Rates average at $32, $28, and $26 an hour for remote writing, editing, and proofreading jobs, respectively.
Get paid to share your opinions. While it's not exactly a job, participating in surveys and focus groups can be an easy way to pick up a bit of extra cash — in some cases, a very little bit. Pay for some surveys can amount to as little as $1 an hour, according to SideHusl, a website that vets opportunities to make money on the side. But other opportunities can be more lucrative: Current offerings on FindFocusGroups.com and focusgroup.com pay $25 to $275 and $50 to $180 a pop, respectively.
Many of the positions are academically oriented, particularly in teaching, though they offer many other opportunities. These include general management and administration, sales and marketing, technology, operations and customer service, finance and business intelligence. They even offer creative positions, designing the learning experience. Subcategories include branding, graphic and interactive design, campaigns, user experience, and video and animation. Affiliate Marketing
What It Is: Transcription essentially involves you listening to audio files and typing out what you hear. Easy enough, right? Companies usually hire transcriptionists without much experience, so some job postings might only require you to have a computer and keyboard to get started. Transcription jobs can vary from transcribing a college lecture to a doctor's medical dictation, while most companies allow you to make your own schedule. Affiliate Marketer
What It Is: Many companies pay online testers to make sure websites are intuitive and easy to navigate. "You basically follow the instructions you're given to check out the website," says Anna Thurman, founder of RealWaysToEarnMoneyOnline.com, a site that has reviewed more than 500 online work opportunities. "It usually only takes about 15 minutes per test." Thurman recommends registering with 10 to 12 different companies since the opportunities to test these sites are doled out first come, first served. "There are people who make $100 to $200 a month by staying on top of those tests," Thurman says. Affiliate Marketer
Advertising and Promotion. You won’t have a huge budget to promote your at-home business, so use cost-effective outreach targeted to your most likely customers, such as fliers in local craft and clothing stores, a basic website (preferably with booking and payment portals), a referral network, and friends and family willing to sing your praises. Also, consider joining the American Sewing Guild for $50 per year. It’s a great way to meet other enthusiasts and get your name out there. Earn Online
Katie founded and managed a commercial construction education business for over eight years. It became so successful Katie and her husband sold the business to a larger team. She has an MBA with emphasis in Real Estate and manages her own real estate portfolio in the Dallas area. Katie is the founder of the National Registry for Adoption, which helps those who cannot have their own children adopt embryos and give birth to their adopted child.
What It Is: What better way to feed your travel bug than to work as a remote travel agent or consultant? Whether part- or full-time, spend your working hours dreaming up itineraries, flight plans, hotels, and activities for clients looking to travel far and wide. Then, take advantage of your discounts (hey, perks of the job) and go wherever your heart desires, whenever your heart desires. Affiliate Marketing
The advertising company sets the terms of an affiliate marketing program. Early on, companies largely paid the cost per click (traffic) or cost per mile (impressions) on banner advertisements. A technology evolved, the focus turned to commissions on actual sales or qualified leads. The early affiliate marketing programs were vulnerable to fraud because clicks could be generated by software, as could impressions.
Step back from the full-time grind and try offering your knowledge and skills as an independent consultant. This can be a particularly attractive move for pre-retirees in a variety of industries hoping to ease into retirement, as it lets you trim back your hours as you see fit but maintain your senior-level pay rate if you stick with your area of expertise. You might even be able to talk to your current employer about transitioning a full-time position into a contract role. Otherwise, a number of online job boards — such as Upwork and FlexJobs — and staffing agencies — such as Wahve (which specializes in working with pre-retirees) and Robert Half — can help connect you with clients.
Katie founded and managed a commercial construction education business for over eight years. It became so successful Katie and her husband sold the business to a larger team. She has an MBA with emphasis in Real Estate and manages her own real estate portfolio in the Dallas area. Katie is the founder of the National Registry for Adoption, which helps those who cannot have their own children adopt embryos and give birth to their adopted child. Earn Online
Create a Home Office Space. First things first: You need a professional setup that helps, not hinders, your prospecting activities and writing work. If you don’t already have one, set up a home office – anything from a spare bedroom to a corner of your living room – with a comfortable chair, spacious desk, ample lighting, and physical storage space for papers. Buy a reliable laptop with a reputable word processing suite, like Microsoft Word, and video chat capabilities via Skype or a cloud-based phone system. Strongly consider investing in a printer. Upgrade to the fastest consumer Internet package your Internet service provider offers. Purchase a lightweight cloud accounting program such as Quickbooks or sign up for a free version. You’ll need it once you have more than a few clients. Note that many business-related expenses qualify for tax deductions.
Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others. Affiliate Marketing
“If you’re a native English speaker, you may not realize it, but you already have the number one qualification you need for a fun, portable income that can hand you a steady paycheck from anywhere in the world,” says International Living. Some resources include GoOverseas.com, TeachAway (teach English online to Chinese students), iTutorGroup (teach English online to Taiwanese children and adults) and English Hunt (teach English on the phone to adult students in Korea)
Merchants receiving a large percentage of their revenue from the affiliate channel can become reliant on their affiliate partners. This can lead to affiliate marketers leveraging their important status to receive higher commissions and better deals with their advertisers. Whether it’s CPA, CPL, or CPC commission structures, there are a lot of high paying affiliate programs and affiliate marketers are in the driver’s seat. Earn Online
Provide administrative support from the comfort of your own home and schedule. Virtual assistants can perform a range of services, from scheduling and email management to social media strategizing and event planning. And you can seek to do it full time via an agency or independently on a gig-by-gig basis. Boldly is a staffing agency hiring full-time assistants to work from home in 23 states. Or you can post your services on freelance job boards such as FreeUp and Upwork to connect with potential clients directly. Affiliate Marketer
Craigslist. Craigslist is the scrappiest of the major online resale options. Its major perk is its enticing profit potential, thanks to the total lack of listing and selling fees for most items. The disadvantages are many and include potential safety risks and higher chances of nonpayment. If you do choose Craigslist, keep your wits about you and use the buddy system. Affiliate Marketer
Like Liveops, Working Solutions functions as a flexible call center. They work with some of the biggest companies in their respective industries, including Hotels.com, Sylvan Learning, Microsoft, T-Mobile, Michael’s, and StubHub. The company is based in Dallas, Texas, and began operations in 1996. They employ home-based workers in sales, service, and technical support throughout the US and Canada. Earn Online
That puts contact tracers in high demand. In fact, a recent report from Johns Hopkins Bloomberg School of Public Health estimates that the nation needs about 100,000 new contact tracers to help manage the COVID-19 outbreak. But you can still expect the competition to be fierce for this remote position. Education and work experience requirements vary by employer, but the CDC’s job posting specifies that at least a high school diploma is required, and a bachelor’s degree is preferred. Otherwise, the major requirements include strong communication abilities — you’ll spend most of your time on the phone closely following a script — computer skills and empathy. Being multilingual may help boost your chances of getting hired. Training is provided. (Even if you’re not planning to be a contact tracer, you can take a free online six-hour training course developed by Johns Hopkins, just to learn more about COVID-19.) Affiliate Marketing
Teachers aren't the only ones migrating from shuttered schools to remote work. Speech language pathologists work with K-12 students to identify communication disorders and develop individualized education plans to address their needs. And with schools currently practicing remote learning, school districts are seeking remote workers to provide this important specialized service via teletherapy. Some opportunities are available immediately to serve for the remainder of this school year, while others may begin before fall. You must have proper licensure for the state in which you'll work.
Along the same lines as trivia, you can get paid for just using your mobile phone and allowing companies to know what you're doing on it. For example, Nielson Mobile Panel is an app that you can earn rewards on just for having it installed. It will take snapshots of what you're doing and use those for advertisers to know more about your demographic. It takes away some privacy, but you get paid for it.
Though seeing and hearing your name in print is a worthy accomplishment in and of itself, selling audiobooks probably won’t make you rich. In most cases, your royalty-sharing arrangement will amount to just a few dollars per download. A lot depends on the extent to which you promote your audiobook and how visible it is on platforms such as Audible and iTunes. If you’re lucky, a successful audiobook can generate a five-figure annual income stream. More obscure titles might earn just a few hundred bucks per year. Internet Marketer