It’s a new year, which means you’ve likely taken some time to set a few resolutions that you hope to achieve before January 1, 2020 rolls around. Maybe you want to improve your lifestyle choices by exercising more or quitting a bad habit. Or maybe you decided that this is the year you knock out a few of your bucket list travel destinations.
A new year is also a great time to set financial goals. No matter if you want to grow your savings account, start an emergency fund, or pay off a credit card, it pays to have monetary goals. You may be thinking, “I need money to achieve my financial resolutions.”
The good news is that making extra money is easier than ever. Keep reading to learn about 6 different money-making options.
1. Become an Online Tutor
Do you have a degree in a certain field of study? Do you enjoy teaching students of all ages? If so, you could make money as an online tutor. Websites like Tutor.com and Chegg Tutors are always looking for people that are strong in subjects like science, math, and even foreign languages.
As an online tutor, you can choose how often you work and how many students you tutor at a given time. Tutoring can last just for a few sessions or can span a college semester; it all depends on the students’ needs and of course, your availability.
2. Sell Unused Items
Selling unused items is not only a great way to make money, but it also allows you to de-clutter your home, freeing up space that’s otherwise gone unused for months, possibly years! While you could hold a traditional yard sale, this option really only works when the weather is nice.
To make money year-round selling items you no longer need, sign up for sites like eBay and Craigslist. Both of these websites allow you to list your items, post pictures and provide information like an item description and an asking price.
Depending on the type of items that you’re selling, you could easily make an extra $100. Collectibles and rare items will net you the most profit.
3. Sell Handmade Items on Etsy
If you don’t have any old items to sell but have plenty of crafting ability, you could make extra money this year by selling your handmade items on Etsy. This is the perfect website to sell a variety of items such as:
- Natural skincare products
- Organic soap
- Jewelry
- Personalized stationery
- Graphic design templates
No matter what type of product you make, if it’s handmade, you can sell it. Etsy takes 3.5% of your purchase but the rest is yours to keep. If your item becomes popular enough, you could easily make an extra hundred dollars a month.
To be a successful Etsy seller, you’ll want to market your products. Share posts and pictures on social media. Tell your friends and family members to spread the word. The more views you get, the more sales you can make, which means more money!
4. Participate in Paid Online Surveys
Getting paid to provide your feedback sounds too good to be true, doesn’t it? But, with paid online surveys, you can make quick money by simply providing your opinion. Websites like Survey Junkie and Swagbucks are popular sites that pay users to take surveys.
While surveys don’t pay as much per hour as other money-making options on this list, they take no more than 5 minutes to complete, which means you can knock out several in a day if you dedicate a few hours.
What’s great about paid online survey sites is that you can cash out for cold hard cash, or you can put your earned points towards gift cards.
5. Rent Your Musical Instruments
While you may not play your old acoustic guitar or trumpet from the high-school marching band anymore, there are plenty of aspiring musicians who will rent your old instruments. As you may already know, brand-new instruments can be very expensive, so musicians are always looking for ways to cut costs. Using Sparkplug, you can rent or sell your used instruments.
If your instruments are in good working condition, you can make passive money by simply renting them. Selling is another option if you want to free up some space in your home.
6. Use Fiverr
Fiverr has become an increasingly popular website where people from all across the globe can make extra money. As the name implies, users typically charge five dollars for providing a service or product on the website, though you can always charge more. You can provide a wide range of products or services including logo creation, voice-overs, blog posts, translation services, and much more.
Conclusion
Make 2019 the year that you reach all of your financial goals. No matter what your goal, these money-making tips make it much easier to complete or even exceed your financial New Year resolutions.
