5 Great Ways to Make Extra Money

Are you in a tight spot and need extra cash? Or are you looking for means to meet your potential savings target? If the answer is yes, then you’re in the right place. Many of us have all been institutions where access to a little extra cash could make a monumental difference to our quality of life. So, without further ado, here are five great ways to make extra money.

1. Register your car for rental service :

Many people in the United States, especially those in dense cities like Chicago, Washington, and New York, are forgoing car ownership and opting for rental car services. That’s because these services are convenient and accessible. So, while ride-sharing and car-sharing are not new concepts, they’re two different lucrative means by which you can use your car to make money.

To register with ride-sharing services like Uber and Lyft will typically need a smartphone, a car, and a valid driver’s license. It’s really that simple. On the other hand, car-sharing services are used for short rentals, like running errands for a couple of hours or a day. A typical example of a car rental company in this category is Zipcar. You’re probably wondering, how does Zipcar work?

In simple terms, Zipcar is a car rental service that partners with various colleges across select cities in the U.S. to allow students (who would typically not be eligible for traditional car rental services) to access cars for short-term use. Zipcar reservation is super easy. The driver will need to download the Zipcar app, create and register a Zipcar account. Upon registration, the driver will be given a ZIpcard and a free gas card. Next, pick a date to reserve the car and select your pickup location and drop-off time. Once they’ve made their selections and selected “book it,” they’re set to go.

2. Become a virtual assistant

As normalization, if remote work continues, many more people are demanding online services like virtual assistants. Virtual assistants, commonly referred to as VAs, are remote workers who help with administrative tasks. They can work for companies, individuals, or teams.

The typical job description of a virtual assistant involves taking down messages, answering calls, managing social media accounts, conducting research, and scheduling appointments, among other tasks. Admittedly, starting as a VA can be challenging. However, registering with freelancing platforms like Upwork and getting active on social media channels like LinkedIn and Facebook can help you land customers.

3. Work as a social media manager

Many business owners know and understand the importance of having a social media presence. However, they’re clueless about maintaining their accounts and building engagements, which is where social media managers step in to help.

As a social media manager, you can charge businesses a monthly fee to help manage their social media accounts, allowing you to earn a sizable income. Working as a social media manager holds many prospects, and you can decide to do this full-time. However, you’ll need to build a social management business and have the necessary tools to succeed.

4. Share your expertise

If you pride yourself on being an expert in something or a field, perhaps, it’s time to consider teaching people. This is a great way to make passive income as the only effort required would be putting together the content. Webinars, online courses, and ebooks are examples of ways to share information. So you can use any of these means to create and promote your resources. Alternatively, you can use educational platforms like Coursera, Udemy, Skillshare that have established communities.

5. Grab gigs on Fiverr

Fiverr is a vast service marketplace that has significantly over the years. You can sell just about any service, from web designs to graphic design, writing and editing services, and audio and video creation. This is great if you’re freelancer-looking or a digital nomad who enjoys the convenience of working from anywhere in your pajamas. So whatever skill you have, you’re likely to find someone in demand for it on Fiverr.