Making an extra $1000 a month can have a positive impact on your life in several ways. If you’re willing to put in the extra effort, earning an extra $1,000 or even more online or offline is much easier than you think!
Thanks to the internet and the many other technological advancements, making extra money outside of your main gig has never been easier, it does involve a lot of hard work and perseverance; nothing moves if nothing moves!
If your earnings from your full-time job aren’t enough to make ends meet, then you have a problem, either you have an income problem, or you have a spending problem.
If you’re on the red, the first thing that you should focus on is on “tightening your belt”, which means that you should drastically cut down spending.
The next step is to decide on which gig you should focus on that has the potential of realistically earning $1000 on extra income.
If you have a full-time job where you work 8 hours a day, you can devote your spare time after work or on the weekends in more productive activities that equate to extra earnings.
Below are the many different ways that could help you make an extra $1000 a month in your spare time:
Start A Blog or Niche Website
Blogging or publishing a niche website, is one of the best ways to earn passive income online, which means it earns you living even when you’re asleep!
Having said that, keep in mind that blogging or building a niche website to monetize your passion is one of the slowest ways to earn money online.
Blogging or web-publishing is like planting bamboos, it doesn’t make you money right away but when your website starts earning, it can snowball your income very very fast!
The best way to start a blog is to focus on a certain niche or topic that you know or passionate about.
Having said that, not all passions have the potential to make money, some are just plain old hobbies that won’t be able to turn in profits down the road, that’s why it’s vitally important to verify if whether or not there’s money on your potential niche.
Your blog’s niche can be anything, the top ones are money, health, and relationships. These niches have the highest demand, payouts, and competition, which means that it may take you years before you can start earning extra $1000 a month from this project but then there are other topics that you can focus on, of course, you could blog about cooking, travel, pets, woodworking, etc.
As a business blogger, you need to have the passion (and patience) to educate and really deliver value to your audience, as I said, this gig isn’t a get rich quick.
Below are the four things you need to start a blog:
You can start a blog about anything, really. I have seen many amazing and successful blogs about every topic imaginable. To make money from a blog, you need to focus on delivering real value and have the heart to keep going, when you’re blogging business isn’t performing yet.
Paid Traffic Affiliate Marketing
Affiliate marketing is all about connecting potential buyers to products and services that solve their needs.
You can do this by starting a blog, a niche website or a YouTube channel but as I mentioned, relying on organic traffic can take time and a lot of people doesn’t have the necessary patience nor the time to wait for such projects to start driving in dollars on a monthly basis.
If this is you, paid traffic affiliate marketing can be an option as it allows you to drive traffic to your affiliate offers, on-demand.
The tricky part of affiliate marketing though is that you pay each time visitors view or click your ads.
There are two factors that make this business model successful, traffic and conversion.
Your campaigns should attract people to click on your offer, then your offer or landing page must convert these traffic to purchase or perform an action on your affiliated merchant’s website.
Tricky as it is, it’s important to learn the ropes before barging in. In most cases, you will need the following:
1. A landing page
2. Email marketing software
3. Affiliate network or Offers (MaxBounty, ClickBank, CJ Affiliate, Amazon, ShareASale, etc)
4. Paid advertising platform (Google Ads, Microsoft Advertising, Facebook Ads, etc)
Become a Freelance Writer
If you can write and want to make money fast, you can get paid to write as a freelance writer. You may not have the luxury of time for your blog profits to kick-in and is in dire need of some extra cash, in that case, writing as a service is a lucrative business model that most writers have been profiting from even before the internet was born.
You can easily earn at least $100 a day, writing at an average rate of 30$ per 1,000 words article. A 4,000-word article could easily gross $120 in real-world money.
If you do the math, writing full time at 4,000 words a day for 20-days replaces an average salary of $2,400.00 a month!
Okay, so how do you find your clients?
Well, it helps if you have a strong writing portfolio on your belt but if you’re just starting out, start with a low-rate to attract your first couple of clients that will help you build your writing portfolio.
The best ways to attract clients if you don’t have your own lead generation platform is by joining online job boards and service marketplaces like the ones below:
Start A YouTube channel
We are living in the visual world, and videos continue to become more prominent every year. There is a lot of content and competition on YouTube. Still, there is room for everyone who can bring unique content for the audience.
You can be successful in about every niche of your interest.
You can create online class videos, gadgets unpacking, health channel, or anything that interests you.
For instance, if you are successful in grabbing the audience for technology gadgets, you can earn a good amount of money. You just need to sign-up for Google Adsense. Make sure your content is unique with your perspective. With increasing competition, people love the high-quality and exclusive video.
Furthermore, people can also reach you out for paid promotions. That’s the other amount you can earn every month from a YouTube channel other than Google Adsense.
Start sharing your best and unique creations with your targeted audience. Before you realize, you will start earning a good amount of money.
Become A Virtual Assistant
Virtual assistants are freelancers that provide administrative services. They offer technical support, creative assistance virtually. They are capable of doing anything to support businesses.
VA’s are not limited to the standard office work only. They offer services to small business likes managing their websites, blogs, or social media accounts.
You can provide your services to such businesses as a Virtual assistant. Most small business owners know the importance of online presence in their business. Unfortunately, they don’t know how to handle it, so they prefer hiring remote teams.
So as a virtual assistant, you can manage it for them at the compatible hourly rates like 20 to 25$ per hour. Give them the best results that would not be possible without your assistance.
You can work remotely at the fixed schedule as long as you can meet the deadlines. You can easily make 1000$ as a virtual assistant, but you might need some ongoing clients to reach this target.
Get a Part-Time Job
Another thing you can do to earn extra money is to find yourself a second part-time job. With these side jobs, you can earn more quickly.
The other earning resources like creating a blog or YouTube channel, it may take some months until you start earning. It is because these platforms need time to generate even a single dollar.
You have to put all of your efforts and sacrifice your happy hours in the beginning. But once you’re settled, you can earn even more than 1000$ in a month.
I prefer getting a second job because it helps you with earning a fixed extra amount every month. Like you can work as a waiter at some restaurant or coffee shop. Bartending jobs also pay you best, and you have to work for a couple of days in a week.
If you want some cash immediately, you need to find a part-time second job according to your skills.
Accept Pet Sitting Gigs
Pet sitting jobs can be fascinating if you are good with pets. You can start the small pet care or dog daycare center in your home.
You can board any pet overnight, or walk a dog. It depends on your schedule, whatever works for you.
Pet sitting or dog walking can pay you more than 15 dollars per hour. To complete your 1000$ goal, you have to work for almost 60 hours per month.
However, you can improve the job benefits by offering pet sitting or boarding, which can be more profitable.
Teach Your Skills to Others
You can earn simply by teaching any of your skills to the people. It can be teaching a different language, providing consultation services, dance, music, or anything. You can monetize your skills.
You can teach lessons to the people, depending on your skills. For instance, if you are a dancer, spread the word about providing dance classes. There are chances that people in your town would enroll and learn from you.
You can also use social media platforms to share your services. Create a Facebook page or an Instagram profile to start posting your services. The people interested in learning that skill will reach you out.
At the start, you can give some free lessons as a trial. But, eventually, after a day or two, you can charge them. With the right skills, you can reach your $1000 target easily.
House-Hack by Renting Out Your Extra Rooms
If you have an apartment or the room you are not using, then you can rent it out to reach your goal of earning an extra 1000$ a month. This is one of the best ways to earn money without doing much.
Even if you don’t live in the tourism area, some tenants are still looking for a place to stay. Certain people are visiting other towns for events, business, or just to visit someone. You can simply screen the people who can stay with you.
People mostly visit the city, spend most of their time outside and come back to spend their night. So there are fewer chances of meeting or running into them.
In case you are looking for the tenants that will stay for some more extended period, you need to look for foreign exchange students. Most of the students are visiting city areas to learn and study some courses. Besides, they can stay at least six months at your place. Well, it depends on nature, of course, they are studying.
Become a Tutor
Tutoring other students can help you a lot to earn some extra cash. Many parents are looking for home tutors to help their children succeed.
A lot of parents freaked out after finding that their kid is struggling harder in school. To fix this problem, they hire a private tutor, and that can be you.
If you have teaching skills and you are good at explaining things to the kid, you can be a successful tutor.
English, math, and chemistry are the most popular subjects, and your client will pay you enough to teach that to their kids. But, you can tutor anything that kids’ parents are willing to pay you.
You can tutor kids at their homes, but you can increase your earnings by being an online or freelance tutor. You have the opportunity to earn handsome money, even working with the companies that connect tutors and students.
Become A Personal Trainer
Love fitness? Why not help others get fit and healthy while earning extra money on the side?
People often hire personal health and fitness trainers if they can afford them. Find them and reach them out to offer your guidance. How to get in shape and what to eat to maintain the physique, are a major problem for most people. Become their personal trainer and help them achieve their fitness goal.
The average rates for fitness trainers are 19 to 20 dollars per hour. The best and attractive thing about this profession is that you can make it work according to your schedule. You just have to work for 12 to 13 hours a week to hit your $1000 goal.
You can have more than 1 client to earn more cash as it is not that time taking a job. We also recommend you to take some fitness trainer certificates; it will help you to get more potential clients.
Offer a Video Transcription Service
Websites like TranscribeMe.com and GoTranscript.com pay people between $15-$22 per audio-hour transcribing videos and audios into text.
You just need a good quality headset to hear everything properly. This job also requires you to be a fast typist so you can handle the keyboard in the right way.
All you have to do is to hear the audios and convert them into subtitles. In this way, you can easily make 0.40$ per minute by just sitting on your comfy couch and typing away.
You can also make your profile on Upwork, freelancer, PeoplePerHour, or Fiverr to offer this service remotely.
Babysit Kids from Home
Do you enjoy spending time with kids? Why not gather all the kids in your locality at your home? This sounds crazy, but that is what babysitters do. They take care of the kids whose parents are busy with their work schedules.
Most of the parents cannot take care of their kids properly due to their work routine. So, they need a responsible person to watch out for their kids when they are not around.
These working parents are willing to pay a good amount of money for looking after their child.
Babysitting or nannying can be your easy income source. You can easily earn 20 Dollars per hour to do this job. It means you have to work for 12 to 13 hours per week to reach your $1000 target.
You can build your own business through your word-of-mouth, or you can also make your profile on care.com to get nanny jobs.
Please note, however, that in US and Canada, you may need to get a daycare license if you’re welcoming multiple kids in your home on a regular basis, please check with your province and/or state.
Drive for Uber / TappCar / Grab
You can also work as a rideshare driver, which is a flexible part-time job to do according to your schedule.
Generally, the uber drivers’ per hour earning estimation is 8.5 to 11.70 Dollars. Well, this is just an estimation. Your total earning as a driver depends on many factors like time, area of driving, etc.
If you are driving during peak hours, like during the busy hours, you can earn more than the expected amount. Driving in urban areas can be more beneficial than driving in rural areas.
This is not a high paying job, but if you drive for hours, you can earn a good amount of money by the end of the month. Also, try to drive on weekends so you can make better than average.
Invest In Realt Estate
Real estate investing isn’t as sexy as most real estate investing education gurus sell but if you have the capital, it’s one of the best investments you could ever make in your lifetime, provided that you buy right.
In real estate, you make your money when you buy, so buy low but not too low that you sacrifice your property’s location.
The great thing about real estate investing is it can give you cashflow right away. One unit won’t make the $1000 a month cut as you could average net cash flow of between $200 – $300 a month per unit but this can be completely passive, especially if you have a property management company do the dirty work and stick to simply being an investor.
Sell on Amazon
Ecommerce is sexy, but it isn’t that easy, yet if you treat it like a real business, it could easily provide you with an extra $1000 a month of income, semi-passively, especially if you’re taking advantage of Amazon FBA.
A word of caveat, don’t allow yourself to get lured with the lucrative promises of Amazon FBA gurus, take the time to study the ins and outs of the platform, selling on Amazon is comparable to the usual offline buy and sell business.
You don’t need to develop your own brand to make money from Amazon. Take the time to scout products that sell with less competition, then find wholesale or arbitrage suppliers where you can buy your inventory at a discount or wholesale pricing.