Day: January 22, 2016

Budget Bootcamp Day 21: Earning Extra Income

budget bootcamp day 21 earning extra income
Earning Extra Income

Even after we have set our budget and have done all we can to maintain it, we sometimes fall short on cash. Sometimes it’s not that we need earn extra income to make our budget; but we need it to help us come out of debt faster. No matter what the reason is, sometimes extra cash is something that we all can use.

I have heard some people say that they won’t work a second job. Let me tell you, when I was paying off 50k in student loan debt and my husband was paying over $1000 a month in child support, we did what we had to do to earn extra cash. He did body and mechanic work on cars and I sold make-up. I also did make-up for special occasions and taught make-up classes. Till this day, my husband and I keep a side hustle going. Not because we need to, but because it is ingrained in our DNA. It is a part of who we are.
If you find yourself looking to earn some extra cash, here are 10 out of countless ways you can do it.


Freelancing is the next best thing to being paid more for your full-time work, because professional work always pays more than unskilled. To find opportunities, let former colleagues or other personal connections know that you’re available for freelance gigs. Post on marketplaces relevant to your niche or particular to your field. For instance, Mediabistro, a journalism site, allows freelancers to post profiles of their experience and services. Though these are more up to chance, designers can bid on jobs at or submit a design at Threadless, to see if it will be crowdfunded. Elance-Odesk also lists many freelance opportunities, and you can also post your own services on Fiverr.


Get hired to shop and then report back on your experience. Find out how it works and then, to avoid mystery shopping scams, find legitimate opportunities at the Mystery Shopping Providers Association.


If you own a car, you could be making money with it. As the concept of the sharing economy grows, more people are looking to rent other people’s cars rather than purchase their own. Sites like Relay Rides and GetAround can connect you with people who may be interested in renting your vehicle by the hour, day, week, or month. If you’d rather keep your own keys, consider offering rides to others for a fee. Drivers for Lyft earn up to $35 per hour and set their own hours, according to the company’s website.


We’ve all been annoyed by an acquaintance who couldn’t stop themselves from contacting you about their direct selling opportunity du jour. But that doesn’t mean you should be turned off by the entire industry. Plenty of people make an enviable side (or full-time) income through direct sales for established companies, and these sales opportunities come with the resources and support of a large organization.

For instance, Dr.Gloria Mayfield Banks, left a corporate job with IBM 20 years ago to sell Mary Kay. She quickly rose to the ranks of Elite Executive National Sales Director, earning millions in network marketing. So you don’t want to sell cosmetics? Direct selling isn’t just about cosmetics. You can also work from home and set your own hours selling health and wellness products (such as Advocare), pet products (Pawtree), and accessories (Thirty-One Gifts).


Companies interested in improving their marketing efforts often conduct focus groups of potential customers. And if you’re willing to spend the time participating, you can earn extra money. Companies are willing to pay you for your insight as a consumer and sometimes they’ll even arrange to come to your home. For instance, a few months ago, a company paid my sister $250 for spending two hours talking with three people about snack foods and tasting some cookies. Not bad for making money from 6 to 8 pm her own home when the only thing she would normally be doing is eating dinner.To find companies looking for focus group participants, check out or do a Google search with keywords such as “market research,” “paid study,” or “surveys.”


Trial attorneys are frequently looking for people to weigh in on real cases that may not have gone to court yet. They rely upon online jurors to help them determine what an average group of people might think about the merits of the case or how they might respond to their tactics or concepts.To help them prepare cases, attorneys may hire one of several companies that offer access to regular people who can serve as online jurors. Those companies, such as Online Verdict, will pay you for your review or consideration of the attorney’s case. On average, if you meet their criteria to qualify, most people earn between $10 and $60 for their time.


If you have a special skill — whether it’s the ability to play an instrument well, paint like Picasso or explain calculus in a way anyone can understand — you may be able to make money sharing it with others. For example, you could earn $15 to $60 an hour tutoring individual kids or college students if you speak a second language or have great math, science or writing skills. Advertise your services on school, campus and community bulletin boards, or tutoring web sites such as Wyzant and And take advantage of social media sites, such as Facebook, to let people know about the lessons you’re able to teach.


If you have credit cards, you could be sitting on an untapped source of cash if you haven’t bothered to redeem your credit card rewards points lately. One-third of all rewards — everything from airline miles to cash back — worth a total of $16 billion go unredeemed each year, according to a study by marketing research firm Colloquy. Per household, that averages out to $205 worth of rewards a year that aren’t redeemed. The next-best thing to getting cash-for-points is a general-purpose gift card. At American Express, for example, 5,000 Membership Rewards points earns you a $25 AmEx gift card that’s good in more than a million places. You can get more bang for your points by selecting a retailer-specific gift card — often $50 for 5,000 points.


If you have a knack for creating anything from baked goods to intricate art designs, you can profit from your talent. You also can find clients for your baked goods by volunteering to provide treats for your children’s school functions or for church or other religious gatherings, or by selling them at a farmer’s market, flea market or local festivals.

If art and design are more your speed, consider selling your creations on Etsy, DeviantArt or Zazzle. Etsy and Zazzle feature products like jewelry, quote posters, vintage clothing and even pet supplies. DeviantArt, which has a large following associated with its popular Tumblr, mainly sells art prints.


If you like to write, or think it would be fun to share your knowledge about a particular subject, start a blog. and offer free blogging platforms. You’ll need to pay a small amount (as little as $4 per month) to have your blog hosted. Try for domain name registration, as well as website building, hosting and security. Turn to Google AdSense for a free way to display ads on your site to earn money.

So there you have it, 10 way’s to earn extra income. Do you know of any other way’s people can earn extra income? If so, comment below.