How to Make Extra Money: 6 Easy Ways

Are you looking to make some extra cash? While budgeting is a great way to create cash from what you already have, it will never generate anything additional coming in from the outside. So, whether it is for a vacation, a new car, some home renovations, or a shopping trip with your friends, the following are some proven ways to make money fast.

Personal Loans

If you need a large amount of money, why not take out a personal loan? Private lenders offer loans that have no impact on your credit score so take some time to research your options. The interest rates are generally low and you can get approved in a very short time.

Online Tutoring

You could be thinking you might not smart enough to be a teacher, but flip the switch on this mindset, as you are more than capable of teaching online. There are lots of courses online that will teach you the practical knowledge and experience you need to develop your skills as a teacher.

Flexibility is one of the huge benefits of choosing this option as you’ll be able to teach from the comfort of your own home. You can choose the subjects you want to specialize in and you won’t have someone standing over you forcing you to follow specific teaching styles. You will be in full control and, when done right, teaching online is a very enriching and diverse experience.

Testers and Surveys

There are loads of different online companies that are looking for your feedback on their user experiences and they are willing to give you money for it. Taking surveys is one way to monetize your data and while the process of inputting your details and answering questions can be monotonous, there is significant earning potential if you’re prepared to put the time in.

Cashback Apps

Another way of farming your own data to ensure you get the cash you need is to download one of the many cash apps that literally ask you to scan your receipt to get cashback on your purchases. It is literally that simple. Do some research to find out which ones apply the best rates.

English as a Foreign Language

So many people are crying out to learn English to try and maximize their working opportunities. There are groups on Facebook, specific communities and all sorts of platforms advertising jobs for qualified English language tutors. As long as you have a good grasp of the English language, you may be able to get some work teaching young children conversational English. That said, it’s best to get a qualification if you intend on taking on new clients and dedicating more of your time to online teaching.

Freelance Writing

Many people are sitting at home right now writing articles on their laptops. Most have no formal qualifications in journalism and a large percentage of them are doing it on a casual freelance basis. Topics can range from health and beauty to travel and business so there’s never a shortage of things to write about.

Check out freelance job sites and Facebook groups as there are new jobs being advertised every day. In terms of pay, depending on your research and writing skills, you could early upwards of $200 per day.