10 Easy Ways To Make Money On The Side

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easy ways to make money on the sideWe all want to make more money, most of us just don’t know how or we fall victim to scams that cost us money. So what are some easy ways to make money on the side?

In this post, I highlight 10 easy ways to make money on the side. All don’t require much time or effort and none of them are scams. Of course, you get out of them what you put into them. Therefore, some reading this might make money using tip 5 while another person won’t. Just something to keep in mind.

Let’s get started!

10 Easy Ways To Make Money On The Side

#1. Open Bank Accounts

There are many banks out there that offer a cash bonus for opening an account with them. Back in the day, the bank would give you a toaster or a blender, but now it is cash, baby. All you have to do is look online for banks in your area to see what the bonus is. Many times it is around $100-$200.

Make sure you read the fine print for how to qualify. In some cases, you need to use your debit card and set up a direct deposit. Most banks require you to jumo through a bunch of hoops.

If you don’t want to go through the work, you can sign up for a CIT Bank Savings account. CIT Bank offers one of the highest interest rate on savings account in the country.

#2. Open Credit Cards

This is another great option. Most credit cards now offer new cardholders a signup bonus when they activate a card. If you spend $3,000 over the next 6 months, you will get 50,000 bonus points. While the conversion to dollars isn’t great, you can use these points for free flights or hotel stays. So while you aren’t technically “making money” you are getting something for free.

In other instances, a cash back credit card might offer bonus cash back for the first few months. The offers are out there, you just have to find them.

#3. Enter Giveaways

There are giveaways all over the internet. Some offer free books while others offer Amazon gift cards or plain cash. Again, cash amounts vary, but usually range between $25 up to $1,000! Most even offer multiple chances to win. You can find out more about current giveaways here.

#4. Sell Stuff

Odds are you have a ton of stuff laying around your house you never use. Sell it. Use Craigslist or ebay to sell your stuff. Once you get the hang of listing things, it becomes a breeze.

I do this all of the time and bring in a few hundred dollars a year. Here’s a tip for getting the most money. Before you list anything, jump on eBay and search for it. When the results show, scroll down the left side of the screen until you see the option for completed listings. Check the box and you will only see the prices for items that sold. This will give you a good idea of the item’s value.

#5. Cut Expenses

Again, not technically making money, but when you cut your expenses, you save money which ends up leaving you with more of your hard earned cash.

There are many ways you can go about cutting your expenses. For example:

#6. Automate Savings

Once again, I’m blurring the lines here, but this service is too great to not mention. Just take 3 minutes to set up your free account and have your purchases rounded up and money automatically transferred to a savings account. I can’t believe how easy it is.

#7. Invest

One of the easy ways to make money on the side is with investing. When you invest in companies that pay dividends, you are making money.

There are a handful of options for choosing a broker to invest with and you can compare the popular ones here. For ideas with what to invest in, check out Dividend Mantra. It’s a great site that will help you pick great companies and earn a decent dividend.

Once you have a handful of dividend stocks to invest in, head over to Motif Investing. They offer the best pricing on stock trades anywhere.

#8. Sell Scrap Metal

If you have scrap metal laying around, don’t just toss it, sell it! I collect the wires that come with electronic purchases that I know I never will use. When I am throwing out an old item that doesn’t work, I cut the power cord and save it. These cords have copper wiring inside. Once I have a box full, I take it to my local scrap yard and make some money.

The current price for this is around $0.75 a pound. Collect 100 pounds worth and you made $75. I’ve done this a few times now and walk away with around $100 each time. It takes no work at all either. You can even take it a step further and collect aluminum cans too. Be sure also to tell friends and family and collect their copper wire too!

#9. Drive For Uber

If you have some free time, you can drive for Uber. This especially works well if you live close to a large city or near an airport. While incomes vary depending on where you live, you could make around $25 an hour after Uber takes it cut. The key to making money with Uber though is to be smart and learn the ropes.

#10. Sell Yourself

Can you sing? What about draw? If you have any talent, you can start making money on Fiverr. The options are endless for making money on the site. As you get more and more positive reviews, you will start getting more and more money. Add on additional services and there is no limit to how much you can make.

Here is a great guide for how to make thousands a month on Fiverr.

#11. Instacart

If you find yourself at the grocery store a lot or you enjoy grocery shopping, this side gig is for you. When you work with Instacart, you do the grocery shopping for others and get paid!

You can choose to be an in-store shopper or a full-service shopper. In both cases, you complete and prepare the order for delivery. The only difference is as a full-service shopper you also make the delivery.

If you want to start making money with Instacart, click here.

Final Thots

So there are 10 easy ways to make money on the side (and here are a handful more!). Just by picking a few of these could turn into a few thousand dollars a year.

To find ways to make money, you have to keep an open mind and take advantage of a situation when it presents itself. As I said at the beginning, not every tip will work for everyone. You have to pick and choose to see what makes the most sense for you.

Readers, do you have any additional easy ways to make money on the side?

8 thoughts on “10 Easy Ways To Make Money On The Side”

  1. These are great tips! I like the last one around selling yourself. I’ve found that if you take your natural skills and interest, you can put it to good use to make a lot of money! I’ve used my knowledge and experience in engineering to tutor students on the side for ~$40 per hour! Pretty cool!

  2. There are 100s to make money for someone who is motivated. Mow a neighbors lawn for $30, every week. It takes little time and you can do it in less than an hour. Soon enough, you will be mowing the entire neighborhood.

  3. I love using Uber, but I’m not sure if I could ever be a driver. I recently took an Uber to the Denver airport and my driver gave me all the inside scoop on the business. He said he’s run into a lot of people freaking out because they were charged for Uberblack instead of UberX. He also told me some horror stories about people throwing up in his car. Too much risk involved Uber for my taste but I still love using Uber!

    1. I must agree with you, whilst driving for Uber may seem like a good idea in practice there is a reason I am not a taxi driver!

      Fortunately around where I live in the UK there is very little unemployment at the moment and therefore there are many people and businesses after help who are willing to compete to get services.

  4. McKayla Strauss

    I actually really like the idea of selling scrap metal to a scrap yard as a way to earn some money on the side. It seems that my family has plenty of useless cords and electronic equipment that either isn’t used or is broken. I’ll have to see how much I can gather to sell over the next week or so!

  5. I think it’s awesome that you talked about selling scrap metal to make some extra money. My step-dad was a mechanic and he would always buy people’s broken down cars, that they didn’t want to fix, and then he would scrap them for money. I don’t know how much he made from that, but it definitely seems like a good method to follow to say the least.

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