4 Ways You Can Make Extra Income at Home

Everyone wishes at some point or another that they had more money in their bank account. While you can cut back on certain luxuries, nobody wants to live a miserable existence just to see some extra cash in their account, so you may be thinking of running a side hustle at home. Luckily, there are several ways you can make some extra cash in the evenings or at weekends, and most don’t require too much time or skill.

Trade or Mine Cryptocurrencies

You’ll no doubt have seen a lot of articles about people making money through cryptocurrencies and perhaps thought you lack the technical skills to make money from them. The good news is, you don’t need to be a tech genius to make money from crypto, as there are plenty of beginners’ guides out there that serve as an introduction. If you don’t have the equipment to mine your own Bitcoins, then Genesis Mining allows you to invest without needing to do the technical stuff, while there are lots of platforms where you can track and sell your crypto.

Sell Your Services

If you already have a full-time job, then you no doubt have some sort of skill that people are willing to pay for, whether it’s tutoring, administration, customer services, or something creative. If you use sites such as Fiverr, you can connect with people who need someone to do odd freelance jobs. If you’re someone who is good with their hands and can paint houses, plow snow or offer gardening services, then these are often popular when advertised on local social media pages.

Build an Online Shop

In 2020, around 12.4% of retail sales are expected to be online, so why not get your own share of the market? It’s easy to build your online store using platforms such as Shopify, and you can sell any products that you find interesting. Start small, and you can ship products and answer questions in your spare time, plus do things like marketing to raise awareness of your shop. Social media and specialist forums can be a great way to do this. Your shop also needs a unique selling point, so consider offering payment methods such as PayPal (something like this Paypal fee calculator may be beneficial) or cryptocurrency to boost your potential customer base.

Get Your Home to Work for You

If you own your own home, there are a few ways you may be able to make money from it, although you’ll need to check that you aren’t falling foul of local laws or your homeowner’s association.

Some ways that homeowners can make money include:

  • Renting out a room for those in the area on business
  • Using Airbnb or a similar vacation rental site to rent out part, or all of the property when you’re away
  • Becoming a filming location – even smaller homes can be used for movies and TV shows
  • Renting out storage space, your garage or parking space – this can be especially profitable if you live in a city

There are a number of ways you can make money outside of your nine to five job that doesn’t require a lot of skill yet will soon leave you with a better bank balance.