Business

Three Stable Ways to Earn Extra Income

No matter your day-to-day job, a side hustle is always a good idea to keep cash flowing, especially during hard times such as COVID-19. Extra income earnings are a great way to build a nest egg of savings or explore your creativity by diving deep into a passion or talent. Here are three simple ideas to boost your income.

Odds and Ends

Odd jobs are a great solution to serve others in your community while earning cash along the way. Consider cleaning services, pet or home siting, babysitting, lawn care, or basic handyman services to support colleagues in your community. You can easily create a website, business cards, and social media to promote your service(s). Odd jobs are perfect if you are looking for a flexible schedule to fit your needs. Other ideas include using your crafting skills to create an online store, walking dogs, baking for others, or teaching fitness classes.

Delivery Services

Grocery and restaurant takeout delivery services are in high demand, with use rising steadily during the coronavirus pandemic. Explore food delivery digital applications to create a profile and apply to jobs. Delivery apps can accommodate your schedule, as users simply turn on the app when they are free to pick-up and deliver food.

Home Away from Home

More lucrative side hustles may require larger up-front costs, but you will see the long-term rewards pay off over time. Consider purchasing a home or condo to use as an Investment property. Rental units are very popular for college students, young adults, and small families. Opt to renovate an older property to make it friendly for long- and short-term renters, or purchase newer construction at a reasonable price as you make profit from renters’ payments all year long. List your property in local newspapers and bulletins in addition to online rental property websites to increase rental traffic.

 

Use your resources and talents to earn extra income all year long!

Alexa Smith

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