Is 2018 the year you’re committing to paying off debt or putting aside extra money in savings? If so, you might be looking for opportunities to earn supplemental income, and ideally, that may come from something you do from home.
This could be because you’re a stay-at-home parent who wants to have flexible opportunities to earn money, or maybe you have full-time employment, and you don’t want to give up that stability.
Regardless of the situation, the following are some ways you can add to your income in 2018.
Investing and Trading
Sometimes the best way to supplement your income can just come from making smart, directed investments. You can do this in a low-risk way, such as by investing in a mutual fund, or maybe you explore something riskier like learning penny stock trading.
Earning a supplemental income from trading isn’t likely going to make you rich quickly, but it is going to help you build wealth over time. This isn’t the best objective if you want to pay down debts, but it is good if you want to have more money stashed away in savings.
Join the On-Demand Community
From being an Uber driver to working as a handyman via Amazon Services, there are so many opportunities to work in an on-demand way and actually make real, legitimate money.
If you’re looking for supplemental income that works around your schedule and doesn’t interfere with your day job, this is one of the best ways to do it.
You can create your own schedule and work only when you want to, but the demand for work is almost always there.
In addition to selling your services, whether it be as a driver, a delivery person or anything else, you can also get in on the online world of on-demand offerings by renting out a spare room in your house or even renting out your car by the hour.
Start a Dropshipping Site
If you’re just trying to make money on the side when you already have other things going on, it can be tough to build a complete e-commerce site as something you do from home and also manage inventory.
There’s a solution for that, however.
You can start a dropshipping site. Use a resource like Shopify, build a site quickly and then choose from the many dropshipping apps that are available. When you do this, you can pick and choose the items you’ll sell in your store, and the dropshipping company fulfills orders. You act as the middleman, but you don’t have to maintain any inventory, nor do you have to make expensive purchases of things that could go unsold.
You’re basically like a marketer for the products offered by the dropshipper.
Finally, you can test websites or apps and make money quickly as well. Testing websites and apps are simple as just trying them out for a set period of time or completing certain tasks and then letting the creators know your thoughts. There’s plenty of companies looking for this service because of how important the user experience is.
As an added bonus here are 48 easy ways to make money quickly.