While spending less is often the best thing to do financially, sometimes it’s good to earn more money if it means it will push you closer to your financial dreams faster.
But before you get excited about the idea of earning more money, it’s important to make sure you manage the money you already have well. If you’re financially strapped, there’s no point in earning extra cash if you’re just going to spend more money for short term satisfaction. Focus on getting a monthly budget figured out and learn how to maximize the money you already have before you go out and try to make more money.
Once you have that out of the way, you can read these ideas to help you earn extra money:
Earn money from your hobbies
I’m sure many of you have a hobby that you enjoy and are quite good at! Why not turn that hobby into extra income? Here are some ideas to get you thinking:
- Teach coupon classes
- Do surveys through Survey Junkie or MaruVoice.ca
- Sell your photos if you’re into photography
- Teach art classes, either privately or at a local craft store
- Sell your work at craft shows or on etsy
- Design pieces on commission
- Sell your baking during coffee breaks to local businesses
- Enter your work in contests with cash prizes
- Paint business windows for the holidays
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Sell things you no longer need
Clear up some space in your home by selling things you no longer need or care for. Have a garage sale or try selling items on Kijiji, Craigslist, or eBay. Or give a Buy & Sell group on Facebook a try.
Rent out your space
If your home has an extra bedroom or empty space, you could become a landlord. Students and recent graduates are often especially eager for affordable and small spaces to call “home”. Your extra garage space might also be perfect for someone needing to store their collector car, for example.
Try a paper route
Earn a bit of extra money by doing a paper route. Get some fresh air and exercise while you’re at it!
Offer to babysit
Give some friends or even neighbourhood families some time away from the kids so they can go on a date or get errands done by offering your services as a babysitter.
Start a part-time business
If you have a bit of time to devote to money making, why not consider starting a part-time business from home? You could try these ideas on for size:
- Start a blog
- Dog walking
- Baking/Meal provider
- Music lessons
- Errand runner
- Personal shopper
- Graphic design work
- Mow neighborhood lawns/shovel snow
- Life/Business Coaching – are people always asking your advice on a particular subject? Consider charging a fee for your advice.
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All in all, get creative or meet a need you see around you to earn a bit of extra money you can put towards reaching your financial goals!
What are your ideas for earning extra money? Do you have any stories to share about how you’re currently earning extra cash? Please share in the comments!
Looking for a way to make money from home? If you:
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Is your garage stacked to the ceiling with stuff? If so, it might be time to give it a good cleaning. Cleaning out your garage can not only give you more space in your home, but can also net you some cash in your pocket! Want to know more? Take a look below at these 5 ways to make money by cleaning out your garage, I’m sure you’ll find something you can sell!
5 Ways to Make Money By Cleaning Out Your Garage:
1. Sell your old/unused tools.
Are you a tool hoarder? Tools have excellent resale value. Sell your usable power tools Kijiji, Craigslist, Facebook Buy & Sell groups or place an ad in the local paper. Older tools might be valuable to collectors, so do your research on them and see if they might be worth anything. You typically need just one of each tool, so part with any extras to make some quick cash.
2. Scrap that metal.
Is your garage full of metal pieces? If so, you can scrap them for cash. Old appliances, fencing, old copper, brass, or even aluminum are all worth cash at a local metal recycling center. You don’t even need to clean the pieces, just haul them to the center, have them weighed, and collect your cash.
3. Sell your old bikes.
Bikes both old and new can find a new home on Kijiji, Craigslist, ebay, or your local paper/garage sale site. Collectors are always looking for bike parts and will be willing to take the old bikes off your hands, while college students are always looking for used bikes they can snag for a song. If you have any bikes either old or new, broken or functional, sell them for cash.
4. Hold an odds and ends garage sale.
Get rid of the random clutter with a garage or yard sale. Advertise your sale for free in Facebook Buy & Sell groups as well as sites like Kijiji or Craigslist. Price your items to sell, create a neat and organized display, and you are sure to not only pull in some cash but create some extra space in your garage as well. Just haul out those items, give them a good dusting, and stick a tag on them. It’s that easy!
5. Donate for a tax write off.
Remember, you can get a tax deduction for any donations you make to not for profit agencies. If you have functional items such as toys, hoses, lawn tools, appliances, bikes, wagons, etc. then why not donate them? You will get a receipt for your donation and you will be able to write the amount off on next year’s taxes. That’s like cash in the pocket!
Don’t deal with that cluttered garage any longer. Instead, give these tips for finding money in your own garage a try and you will not only make space, but make some money as well.
Have you found any treasures hidden in your garage lately? Let me know in the comments.
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If your child is not yet old enough for a typical part time job but mature and responsible enough for making money there are plenty of ways they can get started this summer to supplement their allowance, tuck money into savings, and build up their comic book collection. Some ideas I have gathered are traditional money makers and others are new needs in this modern busy world we live in. Your little entrepreneur is sure to find something here in this list of 10 ideas they can do this summer to make money! These are fantastic ways to teach responsibility, money management, and many other life skills in a real life setting.
10 Ways Kids Can Make Money This Summer:
Setup a Lemonade Stand
The good old stand by money maker of yesterday can still be a great operation now to draw in kids and adults alike . A sweet and simple lemonade stand is a good way to teach your child some money making skills, a new recipe, persistence, marketing, and more. Set them up at the end of the driveway or a local park.
Kids who like to make anything like duct tape wallets, friendship bracelets, watercolor paintings, doll clothes, pot holders, necklaces, etc.. can turn it into a little business to build up their funds. They can be sold to friends, family, and neighbors or even setup on an Etsy storefront, brought to craft shows or similar venues.
If you’re looking for some craft ideas, try a free 7-day trial with Bluprint. There are a whole ton of craft videos you can watch!
Being a Babysitter/mother’s helper
If your child is old enough they can advertise for independent babysitting but even younger children, probably at least 8 or 9, who enjoy younger children can be a mothers helper keeping the kids occupied, making lunch, and playing with the children while mom does other tasks.
By Mowing/Pulling Weeds
Children make fantastic helpers in the yard and no doubt you have a neighbor or two who can use a little help with the mowing or pulling weeds from the flower bed. Since growing season is in the summer but many people still have to work they extra hand is appreciated.
Bring in Mail/Newspapers/Water Plants
Summer is prime vacation time and people are often looking for someone to bring in the mail, gather newspapers, and water the plants while they are gone and this is a great job for kids to get them started on responsibility and money making. You can accompany younger children and let older children go on their own.
Those with dogs in fenced in yards frequently need to clear it all out, and it’s a job no one likes. But turning it into a money maker is a win win for both sides. Invest in bags and a long handled scoop (that your child can pay back in payments) and let them give a hand while filling their pockets.
Having a Yard Sale
When I can make money AND clean out the clutter it is a very good day indeed. Enlist the kids help sorting out knick knacks as well as clothes and toys no longer wanted/needed and have a yard sale. Let them do the majority of the work including setup, taking money, and handling customers.
Double duty jobs are the best! Kids can cool off and have fun while earning cash for movies, toys, and more. Car washing is a need and it seems especially during the summer when bugs, dust, and pollen are at a high! They can make signs, pass out fliers, and offer deals to get the word of mouth going around the neighborhood.
Pet sitting/Walking Dogs
While everyone is vacationing without their pets a great need is someone to come several times a day to walk and play with the dogs, clean kitty litter, feed fish, and similar tasks or while they are at work instead of paying big bucks for a doggie daycare.
If your child has a green thumb (or wants to find theirs) you can have them start seeds or make cuttings for plants and sell them. Many people just don’t have the time and getting a hold of organic plants without pesticides can be difficult. Serve a need and make money by starting butterfly plants and veggies to sell in the neighborhood. You can also advertise on local Facebook groups (meeting in public place of course!)
How do your kids work to earn extra money during the summer?