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44 Realistic Side Hustle Ideas to Boost Your Monthly Income

Looking for ways to make easy side income? Read the best side hustle ideas you can take advantage of in order to make extra cash this month.

Want to Earn Some Extra Money?

  • SurveyJunkie: Earn up to $50 per survey with one of the highest-paying survey sites on the web. Join SurveyJunkie Now
  • Mistplay: Earning money by playing games on your phone sounds like a dream. But this app really pays you for playing new games with cash rewards. Download Mistplay for Free (Android only).
  • Robinhood: This investing app lets you trade stocks and do everything for free and takes no fees — ever. Better yet, if you join through this link you can get a free stock like Apple, Ford, or Sprint when you join (must complete signup).

TABLE OF CONTENTS

After a long day at work, Joanna Rohlf heads home to work on her easy side hustle ideas.

The 25-year old DC native is a social media fitness influencer who makes YouTube videos and has 25.6K followers on Instagram. She estimates that can bring anywhere from $200-1000 a month in addition to her full-time position at a non-profit organization.

“My day job covers all my main bills and I do Youtube because it helps me get more exposure to the fitness industry. The extra income is really beneficial and allows me to invest back in myself to continue to create content [by buying camera equipment, apparel, etc]”

Joanna is one of the millions of millennials that decide to create side income in order to increase their savings rate or just to make an extra few bucks a month. In fact, 44% of workers aged 25-34 and 39% aged 18-24 also have side gigs, according to a recent CareerBuilder survey of 3,244 people.

Almost half of Millennials work on top of their full-time jobs! It pays to have a money-making side hustle, especially in 2020.

Want free money?

  • Aspiration: Want to get spotted a $100 for free? Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $100 just for opening a new debit card. There’s no catch, just use your card to make at least $1,000 in cumulative transactions within 60 days of opening an account. This bank account is legit and only takes two minutes to sign up for an account.

If you could use another side-hustle here are some ideas that might help:

45 Easy Side Hustle Ideas to Make Additional Income

Easy side income just takes a bit of time for you to do your research, pick out the best side hustle ideas, and take action.

Let’s get started.

1. Let Nielsen learn about your internet usage.

best rebate apps

Have you heard of Nielsen before? They track TV ratings (Nielsen Ratings) and they now want to track how popular apps and online videos are. They do this by measuring normal activity on user’s cell phones and collecting it anonymously.

This company has been around since 1923 and have created a unique app that pays $50 per year just for installing it.

nielsen make money

It’s simple, non-invasive, and doesn’t slow down your device or lower your battery life. So, if you want to install the app and collect $50, you can learn more here.

Nielsen: This company will pay you $50 a year to keep their app on your favorite internet browsing device and they also give away $10,000 each month. You don’t have to do anything other than initially registering your computer or phone.

2. Start a podcast.

how to start a podcast

Go get a microphone and you’re ready to give it a go.

If you can build an audience for your podcast, then you can make some money through sponsorships, affiliate advertising, and other offerings.

Companies regularly pay $250 to $500 for a 30-second advertisement on podcasts. Pssst… We also have a guide for guide to starting your podcast and how to profit.

There is money to be made with this side hustle idea.

3. Start a YouTube channel.

How Much Do YouTubers Make

Let’s face it, YouTubing is in. If you have ever considered creating a YouTube Channel in order to make money then listen up. 


Games that pay you to play. Yes, we're serious.

These 3 apps will pay you to play games on your mobile device:

  1. Mistplay (Android) - If you have an android device, you can download this app and start getting cash rewards for playing new games.
  2. Solitaire Cube (iOS) - Earning money by playing games on your phone sounds like a dream. But this app really pays you for playing solitaire with cash rewards.
  3. Lucktastic (Android) - This free app offers the same daily scratch-off cards that you find at your local convenience store — but here you can play for free and win real money.

A YouTuber will earn commissions based on ad impressions coming from their videos. Imagine if your video gets 1,000 views and out of these views, 150 viewers completed watching the ad. That means you have 150 paid views. 150 multiplied to $.18 equal $27 which will be charged to the advertiser. And, since you’ll get a commission of 68%, you’ll get $18 for every 1,000 views.

Overall, how much you’ll actually earn will depend on various factors including the location and demographics of your traffic source, niche of your video, type of ads displayed on your video, audience retention or whether or not the viewers have watched your videos till the end and the number of your channel subscribers among others. It’s worth creating a channel if you think you can build an audience and the risk is low… only sacrificing your time.

4. Share your home with an Airbnb guest.

how to be an airbnb host

Like Uber did for Taxis before it, Airbnb is fast revolutionizing the holiday and travel accommodation industry, and you’re set to profit from it!

It is an online marketplace for people with space, rooms, or even entire houses to spare, Airbnb lets you list your place for rent just like a hotel or motel.

Maybe you’re traveling overseas yourself and want to make the most of your empty place while you’re away? Perhaps you have a spare room that currently houses nothing more than empty boxes? With Airbnb, you can turn to fill that empty space in your home, and fill that empty spot in your wallet with more than a little spare change.

5. Take online paid surveys.

survey junkie review

Taking online surveys to make extra money is a no-brainer!

You definitely won’t get rich or make hundreds of dollars per day with survey alone, but you won’t waste much time, and you can make some money the easy way. Here is my favorite (and highest paying) survey site:

Survey Junkie: This is a free survey app for your phone that pays you to take online surveys, participate in focus groups, and try new products. And, I really mean free all around – free to join and they don’t charge anything to be a member (they will actually pay you in cash via PayPal). You can get a free registration bonus for free when you join through this link.

Survey Junkie pays between $.50 and $9 per survey, and many of them take less than 5 minutes to complete. It is one of the highest paying survey sites that actually works. Sign up through here.

ProsCons
There’s absolutely no cost to join. Tip: Never register for a survey site that asks you for cashSometimes you’ll be a few questions in only to find out that you aren’t eligible for a survey, but you still get points
Points can be exchanged for both cash to PayPal and for gift cards Minimum balance of $10 USD needed for Payout
Your information will go toward helping companies improve their products and servicesOnly users from the United States, Canada, and Australia can participate with future plans to expand
Answers that you provide are kept completely anonymous
The potential for high earnings (depends on your demographics)
Registration bonus if you go through this link.
If you’re not eligible for a survey, you’re still given points

6. Get $10 from Swagbucks.

Swagbucks is another great survey site to make some extra money in your free time. As a new member, you can earn up to $35 per survey! They are known for giving out fun, top-paying surveys. And you can also get paid to play games and watch TV!

It’s similar to Survey Junkie, but there are also a few other ways you can earn money as a member (including a $10 bonus just for signing up).

Other ways you can make money with Swagbucks outside of surveys:

Here’s the good and the bad about Swagbucks:

ProsCons
An incredibly wide range of activities to partake inSometimes there’s no sign-up bonus
Most of the tasks are incredibly simple to completeMay take up to a few days to receive your reward
100% free – never join a rewards site that asks for your payment information
Registration bonus if you go through this link.
Great referral program – earn 10% of friends’ earnings

Swagbucks is conveniently offering a $10 bonus just for signing up through this link, so act fast.

7. Make money investing in real estate.

Wouldn’t it be great if you could invest in commercial real estate and apartments without dealing with all the hassle of buying, improving, and re-selling real estate?

You don’t have to be a millionaire to invest in these types of properties. You can now invest in large-scale real estate for as little as $500 with Fundrise.

fundrise

Through their real estate investment products, investors earned an average of 8 – 11 percent on their money last year, and all without painting a wall or dealing with unruly tenants.

There is a reason why they currently have over 200,000+ users, this app really pays you!

If you’re interested, I recommend you sign up for more information from Fundrise by clicking here.

fundriseFundrise Ratings

Get Started in Real Estate With Just $500

GET STARTED

8. Make money selling your used items.

Have an old laptop, used textbooks, old clothes, or even used DVDs lying around? It’s not much of a secret that you can easily get money for those items you have stored in the closet, attic or basement that are just collecting dust. Here are some articles for you to use to get rid of your junk for cold hard cash near you:

9. Start a blog to make money while you sleep.

If you are looking for ways to make extra money online then you probably already know about blogging. But do you have one yet? And do you really know how much potential there is to make money with blogging?

The best part? Starting a blog is easy. You can get the initial setup done in under 20 minutes.

10. Get paid to play games

make money playing games

We all heard the old saying “Time is money” right?

Instead of playing games on your phone like everyone else and feeling bad for wasting your time — now you can get paid for it.

Getting paid for playing games sounds like a dream. But if you download a free new app, and then download games from it and play, you earn money.

As you level up you can earn more money for cash rewards or gift cards.

This is a great opportunity for those looking to get paid for something they enjoy, like winning free gift cards and cash for playing games. I use it and it is legit and has over 35,404 positive reviews in the Google Play store.

If you’re interested, I recommend you download the app from the Google Play store for free by clicking here.

11. Get lower prices on your monthly bills.

Trim boasts that new users are eligible for up to $30 in cash-back deals as soon as they sign up. The free app, Trim, saves you money with automation and within a few days, I saved an extra $100 within the first few days.  I simply linked my accounts and Trim went to work. It found ways to lower my bills and cancel subscriptions, analyzed my spending habits, and more. The app is free and worth the 1-minute download as it can potentially save you hundreds. More people should be using this app.

12. Get passive income for not deleting your emails.

If there ever was an app you should have in your life, it should be Paribus.

Here’s why: I bought Keurig cups online from Target the other week.  The price of the Keurig cups I purchased dropped in price, after the fact.  I effortlessly got refunded the price difference without doing a thing.

…I didn’t have to do anything, other than originally sign up for Paribus. 

This free app will scan your emails for any purchase receipts from dozens of online retailers. You don’t even have to know about the price drop in order to get your refund. It’s 100% free and will save you a lot of money. I pocketed around $50, in the first few weeks of signing up. Remember, it’s 100% free. Just remember that sometimes you’ll have to call in to file a claim.

Paribus compensates us when you sign up for their service using the links we provide.

13. Import and resell overseas products.

sell t shirts online

Oberlo allows you to easily import products from AliExpress directly into your Shopify store and ship directly to your customers – in only a few clicks. It’s very simple to open a shop on Shopify and drop ship items in order to create a business without too much risk. You can literally start and set up a drop shipping business without any type of product in one afternoon with minimal risk as Shopify has a 14-day free trial and Oberlo is completely free through this link.

14. Get free money from this company.

Looking for how to make extra money on the side?  Then you should learn about Vindale. Vindale is the secure, reliable and free survey site for anyone who wants to earn money online. Vindale asks for information about you so that they can match you with fitting surveys. At up to $50 a pop for some surveys and a free $2 just for signing up, it pays to check in daily to see which ones are available to you. They’ve already paid out $6,955,991+ to members. You can get access to hundreds of paid surveys at Vindale.  Cashouts are through PayPal.

15. Earn residual income leaving shows playing on your phone.

All you need to do is watch videos. Given how easy it is to lose yourself in a never-ending cycle of YouTube videos, this one couldn’t be easier. The catch here?

The videos include ads. While they may annoy you while browsing YouTube, you also don’t get paid to watch them. At InboxDollars, you do. 

inboxdollars payment proof
InboxDollars really pays out! Here’s a recent payout. You can get started with a $5 sign up bonus here.

Who wouldn’t watch an ad or two if they were getting paid? You can just leave this playing on your phone and collect money, this is referred to as phone farming.

16. Join sites that give you free money to invest in stocks

Yup, it’s true!  There are several companies out there that will give you free money to invest in stocks. One of the most popular ones is:

Acorns: CNBC calls it “the new millennial investing strategy.” Once you connect the app to a debit or credit card, it rounds up your purchases to the nearest dollar and funnels your digital change into an investment account. Sign up to try it risk-free with a $5 sign up bonus.

17. Earn cash for scanning receipts with your phone.

This is one of the easiest side hustles there is (this list has a lot of them). The app you should know about is Ibotta. This cell phone app is available for iOS or Android phones, helps you make money off your grocery receipts. Yup, for real! You use it after you go grocery shopping and use your receipt. It’s basically a rebate app, so you can earn anywhere from 50 cents to $5 off everything you buy.

It’s not brand specific either, you can scan any brand of cheese for 50 cents off, for example. If you do regularly coupon, you can still use the app and get a rebate. You can essentially get grocery items for free if you’re really into couponing. It’s free and all you have to do is scan your receipt and you’ll get free money back. The best part, sign up here and you will receive a $10 cash bonus.

18. Teach English online from your computer.

Still wondering, how to make extra money from home? Well, have you considered teaching English online (pick your own hours too)? All that is required is that you are fluent in English, have a bachelor’s degree, and have some tutoring experience. You can see some more detailed VIPKID requirements here. This a great way to earn money from home and already 30,000+ use VIPKID to teach English from home.

You’ll make $12-$22 an hour, and Forbes ranked this company #1 on it’s 2017 “Top 100 Places Work From Home Companies” Since this is a legitimate way to make extra money, the application process pretty detailed.

With an opportunity to make $650 a month, just from one hour out of your day, may be worth looking it. You can learn more about teaching English online on VIPKID’s website.

19. Rent out your car to strangers and earn passive income.

Did you know that you can rent out your car when you’re not using it? And that you can bring in a lot of extra cash in your wallet by doing so?

Do you plan on heading on a vacation soon while your car sits unused at your home? Do you sometimes not use your car on the weekends?  If so, renting out your car while you’re not using it could be an easy way to make passive income. A well-known company, Turo, which has signed up nearly 5 million users to its website, according to Bloomberg, lets you do just that.

It’s also really simple to do (and free). Listing your car is quick and easy and takes less than 10 minutes to set up. According to a recent Turo review, somebody listed their car for 5 days every month and made $3,496 in a year. Sounds pretty good to me. Oh, and they also protect your car against physical damage, so you’re fully covered.

You can sign up here and start making money with your car.

20. Proofread documents from home to make money.

You can make some extra money this weekend by becoming a proofreader. The need for proofreading is growing exponentially. And how much does a proofreader make? A proofreader named, Caitlin Pyle, does it on the side and made $43,000 last year. She’s great and started her own proofreading online course for beginners. The only requirement is that you’re pretty skilled with grammar. If you are, then you can really make some big bucks. Have no idea how to get started? All you need are your grammar skills, a computer, and an Internet connection.

21. Start a podcast and make money through sponsorships.

If you can build an audience for your podcast, then you can make some money through sponsorships, affiliate advertising, and other offerings. Companies regularly pay $250 to $500 for a 30-second advertisement on podcasts. Pssst… We also have a guide for that: A Guide to Starting Your Podcast: How to Make it, How to Launch it, and How to Profit. There is money to be made with this side hustle. Alternatively, you can also use our guide to start your own blog (in 30 min or less).

22. Teaching courses online.

If you can market or identify yourself as a developer, designer, or online marketer, then chances are you can teach a course to others and get paid. You can test this side hustle by heading on to Udemy or Skillshare, where you can market your skills. As you build your brand and become more successful, I would recommend teaching for higher-visibility online platforms like CreativeLive.

23. Find ways to save on your life insurance.

This one goes hand in hand with making money by saving your money. A penny saved is a penny earned. With Haven Life Insurance, you will be able to find the best life insurance for yourself and your family.

This site offers term life insurance and you can apply for its coverage entirely online and receive a near-immediate decision if you’re under the age of 45 and need less than $1 million in coverage. As a millennial nearing his 30’s, this is something we have to purchase sooner or later… this company helps make it easy and affordable.

Are you paying too much for your life insurance?

24. Start a low-risk drop shipping business online.

Oberlo allows you to easily import products from AliExpress directly into your Shopify store and ship directly to your customers – in only a few clicks. It’s very simple to open a shop on Shopify and drop ship items in order to create a business without too much risk.  You can literally start and set up a drop shipping business without any type of product in one afternoon with minimal risk as Shopify has a 14-day free trial and Oberlo is completely free through this link.

25. Sell your old phone online.

Do you have an old phone lying around? I know most of my friends and family do. They don’t really care to try and sell them or are too busy. Not me, I usually upgrade my phone once every two years and sell my old one online. I try not to wait too long after upgrading to sell the old phone because as each year passes, the fair market value of the phone, are losing value. They lose value and can be sold for less as the technology becomes obsolete. Your best bet is to sell it immediately. You can try listing them on eBay or Craigslist, but this can prove to be quite the hassle. You can easily sell it on Gazelle for cash. This is the easiest way to sell it quickly. If you’d like to get an extra 3% bonus on your trade-in, use my Gazelle 3% bonus link by clicking here.

Amazon also has a trade-in program for consumer electronics.  You can access the Amazon trade-in program by clicking here.

Another option is to bring your old phone to Best Buy, Walmart, or your wireless provider, to see what kind of trade-in value they will give you toward a new phone.

26. Take a shot of making money with cryptocurrency.

This is one that a lot of people have already done. I was in my Uber the other day and my driver was talking about Bitcoin. He told me he deposited $50 into Coinbase and it’s now at $150 in a few weeks. That’s a 33% return! If you wanted to try something this volatile, it’s at your own risk but only put up money your willing to lose. The risk is high, but the reward is high too. If you wanted to get in on the action, you can do it with the Coinbase app. If you sign up through this link and invest $100 then Coinbase will deposit $10 in your account – that’s 10% right there! Only invest what you can afford to lose.

Tip: Coinbase only has 4 cryptos (Bitcoin, Bitcoin Cash, Litecoin, and Ethereum), if you wanted the most popular exchange that lets you buy all cryptos you want to check out Binance. If you have no idea how to get started, you can refer to this guide: Cryptocurrency 101: The Ultimate Beginner’s Guide to Cryptocurrencies

27. Become a freelancer and sell your services.

Fiverr is one of the best sites in the world. The basic premise is “what would you do for $5?” You’ll find everything from hilariously weird and useless gags to legitimate and genuinely helpful micro-business tasks.

Lately, I’ve been experimenting as a seller on Fiverr, and have found it a pretty successful avenue for selling website optimization services, article writing, and proofreading services.

Fiverr can work for you as both a seller and a buyer. It is a great way to make money and also you can find millions of services. Best $5 I’ve ever spent was using a Resume Revision service and now I receive way more employer call backs now after the revisions. If you want to know which service I used, leave a comment below. If you want to try Fiverr, sign up through here for 20% off your first order at Fiverr.

28. Publish an eBook and earn residual income.

Are you a good writer? You could write an eBook on your topic of choice and sell it on Amazon, Payhip, Lulu, Smashwords, Kobo Writing Life, PubIt! and many other websites that start you out in your side hustle as a published eBook author.

29. Become a driver for a ride-sharing app.

If you’re free nights and weekends, you can earn extra cash driving your fellow citizens around. You can earn money by driving with Uber – if you have a car, it’s a perfect way to make a good amount of extra cash whenever it’s convenient for you. A lot of people do this full time, so you can imagine that’s it definitely possible to do this on the side and make extra money and be able to save it. Once you’re a driver you can choose to turn the app on or off and drive whenever you have some time to spare. They also have a feature that allows you to select your destination, so if you are leaving work (or any other long commute), you could pick up a ride that was going in the same direction. You can do this 2-4 times a week on your commute and can easily make up to $400 each month and save it all.

Another ride-sharing option that’s available to you is Lyft. Uber seems to be more globally known, however, if you’re in the United States you probably have heard about Lyft. It’s basically the same as Uber, but some argue that you make more as a Lyft driver.

30. Sell your old electronics online.

Do you have old textbooks from college lying around? You should consider selling them on Amazon. In addition to textbooks, you can probably sell old books, DVDs, cell phones, or other electronics you may have lying around. You would be surprised how much you can get for your unwanted items.

That’s right, you can sell products on the Amazon platform and gain access to the millions of Amazon customers that shop the site each day.  Amazon allows anyone with a Seller Central account to list and sell products – in fact, approximately half of all products selling on Amazon are from third-party sellers, not from Amazon itself.

In 2018 alone, third-party sellers accounted for $42.75 billion (yes a B) in revenue. Want your piece of that pie?

I also recommend checking out our recent post on how to earn free Amazon gift cards.

31. Submit claims for open class action lawsuits.

If you use a product that’s involved in a class-action lawsuit, a little online legwork could get you a cash payout. The rules of each settlement are different, but in most cases, you’ll have to provide proof of purchase or product use, like a serial number or a receipt. Once you fill out your online claim form, you may have to wait a few weeks or months before receiving your payment.

31. Flip items on eBay to rake in the dough.

Sell your unwanted items around your household on eBay is a good way to declutter and earn side income. I’ve been using eBay for about 7 years now and it is very easy to sell things around your home that you no longer use or find items that you can purchase for cheap and then flip them on eBay for a profit.

I personally made $1,1379.79 one month by flipping iPhones. Just make sure that you keep the fees into consideration.

32. Refinance to save thousands over time.

This advice cannot be taken lightly. With interest rates continuing to rise and 3 or 4 hikes likely this year, you should look into refinancing your mortgage immediately. The savings and cash you would get can be huge.

This may be the most sound advice any homeowner can hear. Even if you recently refinanced, it might be worth looking into another quote as they take only a few minutes to check. LendingTree could help you refinance your mortgage at a significantly lower interest rate – Let’s say your interest rate decreased by 1%, you can save more than $100 a month on a $200,000 mortgage. That comes out to $1,200 in extra cash for you at the end of the year and $6,000 every 5 years!

33. Join a delivery and errand service.

With all of the on-demand apps out there today this one is an easy one. All you need to have is a car or bike, in most cases. Apps like DoorDash, Uber, Lyft, Uber Eats, PostMates, etc are easy to sign up for and start making money. There are always people that are looking for a ride or looking to get something delivered.

Another great part about doing this is that you can pick your hours. If you have 30 minutes between classes you can do a ride or two. If you are only available 8-11 at night then you can work then. It is extremely flexible and you can make good money doing it.

34. Become a coach or consultant.

Becoming an online coach or consultant for others is becoming more valuable as are in the information age. If you are very savvy at social media or are a fitness expert then selling your time and hopping on a Skype call or Google hangouts is a great hustle. You don’t even have to start your own website at first, you can list your services on Fiverr.

35. Start a resume writing company online.

What is one thing that every college student will need towards the end of their college career? A kick-ass resume. Resumes are difficult for many people to write. They are, however, very easy once you know how to write a great one.

Spend some time learning how to write a great resume.

There are a ton of great resources online from very reputable sites. I went from having NO CLUE how to write a resume to be awesome at it. How do I know I was awesome at it? Every human resource or hiring manager that saw my resume commented on it. They asked how a college student with no experience could have such a great resume.

Learning to write a resume is not difficult, it just takes a little bit of time to learn. Once you learn it then you can repeat the same process for each individual resume your write. Then you can start charging for your Resume & Cover Letter writing services on Fiverr.

36. Advertise on your car and earn passive money.

This is some seriously passive income. Companies such as Carvertise will pay to put a wrap on your car, and then pay you to simply drive you regular routes with the advertisements on your car. You can get the right to say “no” to a particular ad you’re uncomfortable with the content of the ad. Most companies pay you between $100-$400 a month to advertise on your car. Not too bad.

37. Make greater returns (money) out of your 401k.

You should know about blooom if you have a 401k. Blooom will analyze your 401k for free and in under 5 minutes blooom can do all of the below:

  • Show you how well you are invested
  • Pick the best funds available in your 401k and give you exact percentages of what to invest where
  • Show you exact percentages on how many stocks vs. bonds to have
  • Show how much you are paying in investment fees and how to potentially pay less (average bloom client cuts their fees in half)
 
For someone who doesn’t know how well their 401k is invested or would benefit from professionals analyzing it, it’s pretty powerful. You could make thousands of dollars easily over the long term just by getting a free 401k analysis here. More people should be doing this

38. Earn more money on your savings.

CIT Bank – Enjoy an amazing rate of 1.80% APY when you open a new CIT Bank Money Market Savings Account at CIT Bank.

That’s over 22x the national average savings rate! You can open a new savings account with their low $100 minimum opening deposit requirement and it’s as simple as that.

CIT Bank provides an outstanding example of what you can receive in an internet bank with their amazingly high APY and their outstanding service, and you can learn more about this offer here.

39. Save on your student loans.

Refinance your student loans, like now. Sometimes you can make extra money just by finding new ways to save. A big one that many people fail to remember is that you can save around $300/month just by refinancing your student loan debt.

Interested in refinancing your student loans right now? Below are the top 5 lenders for 2020 (get estimated savings in under 2 minutes):

LenderVariable APRLoan TypesEligible Loans:Terms
refinance student loans1.98% to 6.55%Variable and FixedPrivate and Federal5, 7, 10, 15, 20

VISIT LAUREL ROAD

earnest
1.99% to 5.64%Variable and FixedPrivate and Federal5 – 20

VISIT EARNEST

splash refinance student loans1.99% to 7.10%Variable and FixedPrivate and Federal5, 7, 8, 10, 12, 15, 20

VISIT SPLASH

lendkey1.99% to 5.25%Variable and FixedPrivate and Federal5, 7, 10, 15, 20

VISIT LENDKEY

sofi
1.99% to 6.28%Variable and FixedPrivate and Federal5, 7, 10, 15, 20

VISIT SOFI

refinance student loans3.18% to 6.07%Variable and FixedPrivate and Federal 5, 7, 10, 15, 20

VISIT COMMONBOND

40. Do research on dividend-paying stocks.

It’s been said that the average millionaire has seven streams of income. Dividend stocks are usually always in the mix. Dividend stocks are similar to regular shares of stock, but they pay you a small portion of the companies earnings monthly or quarterly. So it’s wise to build a portfolio of dividend paying stocks!

If you want to get hip to dividend investing, check out the free Webull trading app.

What I like about Webull is that they make it really easy to invest in stocks, while still having plenty of features as you get more comfortable with investing. Plus, they’ll give you a free stock valued up to $1,000 just for joining. The process is easy, just sign for a new Webull account using this referral link, after registering — you can download the app and in the menu hit “my free stock” to see which stock you got. The stock will be worth between $3 and $1,000 and credited within 5 trading days and you can sell it right away and withdraw the money to your bank account if you wanted too.

free money to invest in stocks

41. Become an affiliate marketer and earn passively.

If you already have a blog or website you probably have heard about affiliate marketing. You can make money by referring website your visitors and readers to buy products online and earn a small commission on each sale. This can make you rich, as some bloggers make over $5,000 monthly just through affiliate marketing.

If you wanted to take a stab at affiliate marketing for your website/blog I would recommend the MaxBounty Affiliate Program that I use for My Millennial Guide and it’s been great so far! A perfect way to add affiliate links to your blog or website that doesn’t look spammy.

42. Download passive income apps that really pay.

You’re not going to get rich by downloading mobile apps that pay you, but you can use these to earn a passive income every month. Money making apps can be a simple way to pad your bank account in your free time.

You probably know these apps aren’t my favorite way to make extra money, but I make an exception for it when you’re just hanging out — e.g. watching T.V., riding the metro, during your break at work, or in the back of an Uber. Might as well click a few buttons and make some money while you’re at it.

Here is our list of the best money making apps for 2020 if you wanted to give them a shot.

43. Earn money by stop paying high-interest debt.

If you’re serious about saving money to make extra money, then you should know about balance transfers. If you’re paying only monthly minimum each month then you’re subject to paying money in interest alone and not even the principal balance.

An example is: If you have $2,000 on your VISA card, and it has an 18% APR, then you’ll be paying $400/year in interest alone if you only pay off the monthly minimum each month. That’s $400 down the drain.

You can avoid this by signing up for American Express Blue Cash Everyday. AMEX Blue Cash Cash Everyday is a card with no annual fee, and you can transfer your current debt from any type of credit card (all with no fees), and pay 0% interest for 12 months on your current debt amount. With no interest for 12 months, you can steadily pay down your balance with your savings from the other steps, which will save you a great deal of money in most cases

44. Save $1000’s By Refinancing Your Home

If you are a homeowner, then this one of the smartest things you can look into. I currently work as a Business Analyst at Freddie Mac, so I know a thing or two about the mortgage market. If you own a home and have not yet taken advantage of historically low refinance rates, you probably are spending way more than you should be on your mortgage. LendingTree could help you refinance your mortgage at a significantly lower interest rate – Let’s say you can lower your rate by around 1%, on a $200K mortgage, can save you over $100/month and over $40,000 in total over the course of your 30-year loan! 

Ready to Make Money with These Side Hustle Ideas in 2020? Go Get It!

If you went through this list then you should have found a side hustle idea that you could probably earn with.

Are These Side Hustle Ideas Worth It?

I sure think so. Learn how one of my readers actually uses easy side hustles ideas to pay off debt: How to Use Side Hustles to Pay Off Debt.

If you wanted more ways to make money online besides these side hustle ideas, here’s my list of the best ways to earn it:

Want free money?

  • Robinhood is a free investing app for your phone. I really mean free all around – free to join and they don’t charge any fees to buy or sell the stock. You can get a share of stock like Apple, Ford, or Sprint for free when you join through this link. The value of the free share may be anywhere between $2.50 and $200 and fluctuates based on market movements. You’ve got nothing to lose.
Brian Meiggs
Brian Meiggs
Brian is the founder of My Millennial Guide and is an entrepreneur who has spent the last few years creating websites and building brands. He has been quoted in several online publications, including Yahoo! Finance, NASDAQ, MSN Money, AOL, Discover Bank, GOBankingRates, Student Loan Hero, Fit Small Business, Cheapism, SmartAsset, Bankrate, RISE Credit, AllBusiness, Cheddar, Commonbond, Niche, Rewire, Credit Donkey, Debt.com, and more. He uses the free Personal Capital app to manage his cash flow and net worth.

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