Would you like to make money, but don’t know where to begin? You’re not alone. Aside from their regular jobs, 16% of adults performed side gigs to earn extra income….
Would you like to make money, but don’t know where to begin? You’re not alone. Aside from their regular jobs, 16% of adults performed side gigs to earn extra income . Among them, 64% spent fewer than 20 hours doing those jobs during that period, according to the Federal Reserve Board’s Economic Well-Being of U.S. Households in 2021 report published in May 2022.
But, where exactly can you make extra money fast? We’ve compiled 75 ways to make money at home, online, or on the go. For the record, although it’s tried and true, we didn’t inlcude options like blogging. Why? Because it can take a very long time before you see any money rolling in. And, sometimes, that won’t cut it when you need money right now. 1. Volunteer for overtime.
One of the easiest ways to earn some extra money fast? Ask for you can put in overtime at your full-time job. It’s not the most exciting, but many companies offer extra pay for working longer hours.
Growing up, I volunteered for overtime opportunities whenever I could. For example, one summer I worked at a school doing maintenance and setting up the classrooms. Since we were behind, I was more than willing to work a couple of weekends during the end of August. And, that extra money was definitely worth it when I went back to college.
Also, with most full-time jobs, you get paid extremely well. In fact, all non-exempt employees who work more than 40 hours a week must be paid at least one and one-half times their regular hourly rate — aka time and a half. For example, a worker earning $10 per hour would be entitled to 10 overtime hours at $15 per hour if they worked a 50-hour week.
Additionally, your manager will appreciate you, which will lead to a raise at review time. 2. Pick up an extra shift.
The worst part of being an hourly employee is not being able to pick up additional shifts when you need them. In the same vein, employers are frustrated when there is no one available to cover a shift.
Instawork connects hourly workers to businesses that need extra help to solve this problem. As an example, if you work as a barista at Starbucks, you may be able to pick up shifts at nearby coffee shops whenever it is convenient.
You can claim shifts based on your skillset once you create your profile. Aside from picking up extra work, being an Instawork regular allows you to expand your professional network significantly because you work at multiple locations. As your network grows, so do your career opportunities. 3. Earn a promotion.
The corporate ladder can be climbed if you prove your value to your boss and go above and beyond. As such, the more responsibilities you have, the more money you make.
So, let’s see you’re a barista at Starbucks. You could make around $14 an hour. However, as a Shift Manager, that jumps to over $17 an hour . That may not sound like much. But, it definitely adds up over time. 4. Ask for a raise.
Believe it or not, there is more work involved in getting a raise than in getting a promotion. Put yourself in your boss’ shoes. Are you more likely to pay more for additional responsibility or more money for the same service?
At the same time, if you have been working for several years without a raise , a raise should be in order. 5. Do something awesome at work.
The majority of employees ignore the suggestion boxes provided by their employers, for example. However, if your company pays bonuses for workable suggestions, this is the perfect opportunity for you. Even better, the bonus may be yours since no one else is participating. Of course, the best scenario would be if your employer implemented your idea.
There may also be a chance for you to obtain an on-the-spot reward.
Examples range from supporting a coworker to handling an angry client’s phone call. Some employers offer this as it’s an excellent opportunity to recognize staff members who deserve special recognition.
Employers typically pay anywhere from $25 to $100 for instant recognition programs. 6. Take advantage of your company’s employee referral program.
It is possible to earn between $25 and $1,000 per employee you refer through referral programs at many companies. […]