Five Extra Income Ideas

Five Extra Income IdeasChances are, at one point or another you have heard the expression “It takes money to make money”. Unfortunately, if you are like most people, you probably don’t have a lot of extra money to spare. Otherwise, you wouldn’t be looking for extra income ideas.

The fact is, however, that there are actually quite a few different ways to make money that don’t require you to spend a cent. Check out some of the following ideas to get ideas for your next income-generating venture:

1. Start a babysitting service. If you are great with kids, consider offering to babysit for anyone that you know. You can start out by talking to people in your immediate circle. Eventually, if you do a good job, they will tell their friends about you, helping you get even more business.

2. Try your hand at freelance writing. Are you good at writing? If so, you have a valuable skill that you can use to earn a lot of money. There are many websites online that you can join for free that allow you to write articles for other people in exchange for money.

3. Make some spare pocket change by doing micro-tasks. Websites like Amazon’s Mturk are designed to allow workers to perform small tasks in exchange for payment. These tasks can range from classifying receipts to categorizing images or transcribing audio files. Although you won’t get rich, it is a good way to make a little bit of extra pocket change.

4. Start a blog. You can start a blog without spending any money by using a free blogging platform such as WordPress or Blogger.com. Once your blog is up and running, you can add advertisements to it in order to start earning money. Again, you probably won’t make a lot of money right out of the gate. If you consistently apply yourself and post high-quality content, however, you can eventually start to earn a tidy income.

5. Shovel sidewalks or mow lawns. Depending on the time of year, you can always earn money by performing yard work for people in your neighborhood. Granted, this isn’t necessarily free to get started since you do need to have a shovel or a lawnmower. However, if you already have the equipment, it can be a good way to earn some cash when you need it. Best of all, you don’t have to wait to get paid. Instead, you can get your money the minute that you finish the job.

As you can see, there are quite a few extra income ideas that don’t require you to spend a lot of money out of your own pocket to get started. Instead, you just have to be willing to invest the time into getting your new business venture up and running. Although it may seem like a lot of work at first, the payoff is that you will have a second source of income that you can use however you want.