Additional Streams of Income

By Raine Financial Solutions Comments Off

Did you know that more than 80% of Americans are in debt right now? It is a shocking number, and yet, you would never guess it based on how people live and how they talk about money in public. So if you’re in debt, you aren’t alone. But, that doesn’t mean you have to resign yourself to your debt either. Creating additional streams of income is a great way to get out of debt and help you move forward. No, I’m not talking about getting a second job, I’m talking about the gig economy, side gigs. Here are a few fantastic side gigs that just about anyone can do to get out of debt.

Babysitting

For a long time now babysitting has been one of those jobs that is reserved for teenagers, but why can’t adults get in on the babysitting action too? They can! If you have kids start out by getting in touch with their parents and letting them know that if they ever want to go out on a date night that you’ve started babysitting in the evenings for a small fee. Let people in your local Facebook groups know. You could even offer kid carpooling to school, to soccer practice, or whatever else you can think of.

Dog Walking

Just like with babysitting you can let your friends and neighbors know that you’re offering dog walking services. There are apps that help you arrange that, but those apps usually charge a fee so try to get clients on your own before you turn to the apps.

Fiverr

Fiverr is a website that started out with people offering to do small tasks like record a voicemail message for just five dollars. These days the jobs are worth more than just the fiver they started out with. Some examples are teaching lessons on how to do a particular craft, being an online personal trainer, or even being a personal stylist.

Freelance Your Day Job

What do you do for your day job? Is it something you could do freelance online? If you aren’t sure then do a Google search for “ [Your Job] Freelance Online” and see what results you get. Chances are, you’ll find someone online already doing it, so why can’t you?

Sell Mobile Photos

These days you don’t have to have fancy equipment or be a professional photographer to sell photos. A ton of apps have popped up in recent years that allow you to sell your mobile phone photos as stock photography.

Managing Social Media Accounts

If you love social media, and these days most people love at least one platform, then you should be getting paid to manage a social media account! Getting started couldn’t be easier. Look at your favorite local businesses and see who doesn’t do a very good job of maintaining their social media presence. Then either email them or stop by their business and offer your services for below the industry standard. You might get a lot of no’s but all it takes is one yes and you’re in the door.

Uber and UberEats

If you’ve got a car in good condition then why not get into driving? You can either drive around people with Uber or drive around food with UberEats. Some of the fantastic perks are that you can pick when you do it and how long you do it for. So in effect, you decide how much money you make doing it.

Start a Youtube Channel

Not every Youtube channel has to be a vlog documenting your entire life. You would be surprised what kinds of things people love to watch Youtube videos of. I’ve seen channels that just play the old music ringtones from old cell phones and others that just squish fruit. The internet is a strange and wonderful place, you never know what will make you money.