How Low-Income Earners Can Make More Money
Even if you work full-time, that isn’t a guarantee your salary can keep you afloat. Many low-income earners fell stuck based on their current wages, but there are options for bringing in some extra cash that doesn't require you to find a new full-time position. Often, the simplest solution is to secure a side job.
A side job, which is sometimes referred to as a side hustle, is a flexible, part-time job that easily fits around your full-time schedule. Often, these are positions that can be relatively easily picked up and set down, allowing you to earn extra money when you need it and walk away when you don’t. Some involve repurposing hobbies while others are more formal arrangements.
To help you get some extra dough, here are a few ways low-income earners can make more money with a side job.
If you have a college degree or an affinity for a particular school subject, then picking up a gig as a tutor might be a good choice. You’ll have a chance to help kids who are struggling in school all while making a little extra cash. Some of these arrangements are in-person while others involve online platforms that connect students with tutors. Often, you have significant control over your schedule, ensuring you don’t take on more than you need (or can reasonably handle).
Some people use Ebay as a successful side hustle. They sell items they already own (or property belong to friends or family, for a small fee) or scour garage sales and thrift stores for hidden gems to resell. The income can be inconsistent, but very little work is involved once the item is posted. If a piece sells, you’ll need to ship it to the buyer, but that’s generally all there is to it.
If you have strong writing, coding, web development, or other skills that can easily be used over a computer, then freelancing may be an ideal side hustle. Typically, you’ll need to find potential clients, discuss bids or hourly rates, then create the work by the due date. You’ll need to put in an effort to create a high-quality product, but if you already have the skills, it can be a lucrative and flexible side job.
For people who live in a popular area, own their home or apartment, and have a spare room, Airbnb can be a source of extra income when you need it. Hosts simply rent the space to travelers, possibly providing certain basic amenities, and welcome the person into the space for the duration of their stay.
Before you sign up, make sure your city allows the hosting of guests through Airbnb. And, if you rent your home or apartment, it’s best to pass on this opportunity as it could violate your lease.
Animal lovers may enjoy pet sitting in their area. People are willing to pay someone to take care of their pets while they’re gone, and you have control over your availability and which jobs to accept. This can be an excellent way to pick up extra cash on occasion, especially if you adore being around animals anyway.
In addition to the above ideas which take advantage of online business opportunities, check out these great article on finding money around the home to help with accessing quick cash and this post on small financial changes which have huge impacts.