Some of the links included in this post are affiliate links. Read my disclosure policy.
There are many great reasons to start a side hustle to make some extra money. From paying off debt to building up extra savings or even some extra fun money it's always nice to earn some extra dough. Here's a list of side hustles that you can get started with to make some extra money. I will also have my video linked below from my YouTube channel if you prefer to watch. 👇
1. YouTube I've been doing YouTube for about two years as a side hustle and at this point, I'm making around $1,300-$1,800 a month. As a side hustle, this one does take some time to build but highly rewarding down the road. Many of the videos are continuing to get views and earn money months and even years after creating them.
This side hustle allows you to earn money from creating content around the things you love, which helps keep you driven and excited to come up with video ideas. If you'd like to see what you can earn with YouTube check out my video where I go over my ad revenue here.
2. Teaching English Online Some of the best side hustles are the ones you can do directly from home or from anywhere. Teaching English online is one of those side hustle that can be flexible for any schedule.
One of the most popular teaching platforms is called VIPKid, I'll link it up right here.
This is the company my wife ended up going with when she started her side hustle of teaching online. Some of these companies do have requirements such as a college degree and some require other certifications. But once you are approved you get to choose when you want to work and for how long, of course, it's partially dictated by the busy hours of when students are typically online.
3. Rent Out Your Space This one can seem pretty daunting to get started but thanks to Airbnb has made renting out your space simple and easy to do it.
Most people think you need to rent out your entire home, which isn't the case. You can rent out rooms to make some extra money. As well as if you have an empty rental property, using Airbnbcan be a great solution while you're looking for full-time tenants.
**Please check with your city policies on renting out your space. This side hustle might not be for everyone, but can be a great way to make some change every now and then. Use the link hereto start listing your extra space.
4. Sell your skills In this sharing economy, you can more easily share your skills with the world. Fiverr is a great platform to connect you with people who need your help. This includes graphic designers, musicians, accountants, and much more. Originally Fiverrwas a place where you were limited to selling your skills for $5 (hence the name) but has since evolved to have many different price points. In fact, I think more often than not I pay for a job well over $5 nowadays. Check out the Fiverr website and see what skills are being offered and if you have something similar to give.
5. Sell Your Crafts/Products If you are the creative type or just love making spreadsheets for others to use check out Etsy. This site allows you to have a shop in their marketplace to sell your products to a whole world of people.
You would be surprised at how many amazing, creative and unique storefronts there are on the site. Similar to selling your skills, check out the Etsy website and see for yourself what people are selling and for how much. This will give you a really good idea of what's possible on the site.
6. Dog Walking Apps Why not have a ton of fun while making some side money. Dog walking apps are becoming bigger and bigger every year. The two biggest that I know of in this space are Wag! and Rover.
There are many options that you can set to make sure you only have to do the things you are willing to do; such as just walking the dog, having it stay in your home, or just check in on them.
7. Blog/Podcast Similar to making YouTube videos, blogs and podcasts are great for those who have something passionate they'd like to share with the world.
These can also take time to build up an audience and income but can become semi-passive as you earn from past work. For some people, these typically get started as a hobby and the money isn't an issue since the passion drives you to continue producing content.
With how much content is out there in the world you can check out YouTube videos, blogs, and podcasts to learn how to get started on your blog/podcast side hustle. If you're curious, I use Bluehostfor running this site and I absolutely love how simple and easy it is to use over others such as wordpress or hostgator.
8. Refer-A-Friend/Affiliate This one is an interesting one and maybe one you haven't seen on a list before, at least the refer-a-friend part. So how is this part of the list? Well, many refer-a-friend programs are associated with the services you might already be using and a great way to make some extra money. This is similar to affiliate programs that allow companies to pay you for sending people over to their site.
You can easily check with the services you're using today by going on the app or even googling “<Example Company> refer-a-friend” and you'll see what's available.
If you have a platform with a decent amount of followers (1k+), you can make some nice extra change. Just make sure to only refer people to the things you like and would recommend anyways. Here is a great example of a refer-a-friend program. It's with SoFi Money which is a simple fee-free online bank. If you have an account with them, you can refer others with a special link on your profile to make an extra $50. The best part of this one is the guest also receives a $50 bonus.
I'll put my refer-a-friend link here for you to check out the bank and start recommending it to others if you end up enjoying the bank as much as I do.
Conclusion Test out some of these side hustles to see which one works best for you. Not all types of hustles work for everyone so it's a good idea to keep trying until you find something that clicks best for you. So go out there and start making some extra money from side hustles!
The Cash App to put in its simplest form is an application that allows you to transfer money to and from friends and family withing moments. The Cash App is very similar to Venmo in how it functions. You might be asking yourself then why have the Cash App if it does what Venmo does? Good question and the simple answer is to have all options of receiving and sending money in case someone only has one or the other. In other words, you would be the most prepared.
Before we continue there are two things to mention. First, there is a corresponding video I made to this post that you can watch directly below. Second, if you are interested in the referral code before the bottom of this post here it is: $5 Cash App Referral Link
Now there are a few things you need to do before getting the $5. You need to use a referral link (mine or someone else's), add a bank account, and send at least $5 or more to a friend or family. Fun Tip: If you send it to a family member you can have them sent it right back 😉 After that, you can refer people and get $5 per person (yes, that means I get $5 for you joining. It will most likely go towards feeding my dog, Daisy). Keep in mind that it can take up to 10 minutes to get the bonus.
How to use the Cash App is pretty simple. When you download the app you can either sign up with an email or phone number. The phone number just seemed easier so I took that route. Next, it will have you confirm the number and then for the referral code and you'll see my face pop up. Now it's going to ask for your bank card, but you can skip it and add the bank account info later. Next, it will proceed to ask for the first and last name followed by your zip code. Next up is your CashTag (username) that you create. Lastly, you'll have the opportunity to invite friends and family, you can do this later as well.
Now you have an account. Easy right? I thought so. To add money to your account you can go to the left side of the app to add a bank account. You'll see where it says add bank. Here you'll see some popular banks, but you can hit ‘Other' to add the routing and account number from the bank. Once you have the first $5 on to your account then on the main page (the green one with the numbers) put in any amount and click ‘pay' to go to the contacts page to choose who to send the money to, it will ask permission to access your contacts. I gave access to make it a whole lot easier. You can also add a note to the payment if needed.
And just like that, you are a pro at using the Cash App!!! Of course, there are a few other features on the app such as the Cash Card which allows you to order a free custom debit card to spend the money on the account in person or online. You can also withdraw money from the app to your bank (once it's added). Now as far as use. I find it very easy to use and fluid. Now I also use Venmo and both are very similar, although I would say that Venmo seems to transfer the money a bit faster, but nothing too dramatic. I ordered the free debit card which you can customize and it's pretty cool. I was also able to add the card info onto my Apple Wallet which is even cooler. So far so good with the Cash App and I think it's a no brainer to have it downloaded as I mentioned just in case that's the only option for the friend or family member when you need to send or receive money. Plus who doesn't like $5 for very little work?
Overall I don't see too many negatives with having the app. I haven't run into issues while using it over the last few months. The biggest negative would be that maybe someone I need to send money to doesn't have the app (but then we both win and make $5 each). Haven't had to use their customer support (will update if that changes). When exploring the support page I did see options for disputing charges or other issues.
I hope this post helped in some way making the decision of whether to download the Cash App or not. As mentioned earlier here is the video that goes along with this post. I had a screen recording of the entire set up process from a phone if that helps. Here is the link once more for downloading the Cash App and the referral code
I love the idea of saving money. One way to do so is by paying off a mortgage early (if you have one of course). I know, I know that seems like a crazy concept. Hear me out for a few moments and maybe it can help save you thousands of dollars. The idea is simple, its execution is just as simple, but the willingness.. well that's the tricky part. I believe when you plug in your own numbers it might change your mind. So what am I talking about? I'm talking about paying an extra $100 towards the principal of your mortgage every month.
What possible impact can $100 actually have in the long term of a loan? The simple answer is a lot. When I made the video below I had an extra payment calculator opened up and showed the impact $100 has on a loan. Check out the results in the video (it's a lot of money and time off the loan if you didn't guess that already).
So why $100? I don't explain it too much in the video, but the answer to why I picked $100 is because it really does impact the loan time and amount you save in interest significantly. Second, I believe that someone can either cut $100 out of their budget or work a side hustler/overtime/sell stuff every month to at least make an extra $100. I hope you plug your numbers into the extra payment calculator that I will link here. I am not sponsored by this company. I just like their mission and love their tools, even more, to help others in their financial journey.
Some of the links included in this post are affiliate links. Read my disclosure policy.
Hello Fellow Wealth Builders,
Today I wanted to share my video about how to use ibotta and how you can earn some cashback for your everyday purchases. I've been testing this app for a little while now and find it easy to use and overall a good app to earn money back. In the video below you can see how to go through the process of picking offers, adding them to your list and how to redeem the receipt. Fairly easy process and you'll see in the video. I hope you enjoy the video and get value out of it. If you decide to download the app make sure to use the referral code: enufcrt or click here to earn $10 after redeeming your first offer. Great side note, you only need a total of $20 to cash out. I personally use the app and am happy with it. I have gotten paid out from my earning through the app. This one is a winner for those wanted to make a little bit of side hustle money to put towards debt or build wealth.
Your friendly neighborhood financial friend, Denis
