Who can’t stand earning extra money every month? The problem is that you may have the desire, but not the overtime, to undertake time-consuming work. Luckily, in the digital age, there are plenty of lucrative tips and strategies you can use to earn extra money every month. Here are the expert suggestions on how to do it.
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Become a virtual assistant
One of the easiest side jobs for computer savvy people is to become a part-time virtual assistant, said John Li, co-founder and CTO of lending firm Fig Loans and financial expert.
“The role can earn you up to $25 per hour and you can sign up a client for a few extra hours and grow your client list if you want to take on more.
Virtual assistance is especially useful for stay-at-home parents and anyone short on extra time, as you won’t have to travel. “Best of all, it doesn’t require highly specialized skills, and as long as you have basic computer skills, you’ll be good to go,” he said.
Due to the pandemic, many companies are currently expanding their online presence, which is dramatically increasing the demand for this role, he said. “Getting your foot in the door when demand is high and working around your own availability makes it easier to get started on that side.”
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If you have a skill that can be useful to others, from graphic design to SEO or computer skills, “[f]rebalancing is the best option if you want to make some extra money,” said Daniel Javor, founder and CEO of Step By Step Business, a site that helps businesses get started. You can use your skills on sites like Upwork and Fiverr, where clients come looking for specific tasks and skills. Javor said you can often make just over $1,000 a month.
Marilyn Gaskell, Founder and CEO of TruePeopleSearch, a US-based technology company, pointed out, “In 2020, when the pandemic hit hard, many people lost their jobs and…changed their interests to work freelancing, and now they’re their own boss. and earn a nice monthly sum.
Find: Companies that let you work from anywhere
Create a product to sell
If you don’t have those skills, you can try creating a product to sell, Javor said. “A good example would be creating custom phone cases. There are phone case making starter kits that you can buy for little money.
To successfully sell a product, he says, you have to create something that solves a problem you have. “If you have a problem, maybe related to the new COVID world, other people have the same problem. Find a solution and become an entrepreneur. Maybe your side hustle will turn into a million dollar business.
Check Out: 7 Side Hustles You Can Do Across the US – Full-Time and Part-Time
Editing and proofreading
With the job market rebounding from the pandemic, many people are looking for new jobs and even more business owners are looking to fill positions, said David Aylor, founder and CEO of David Aylor Law Offices. This means people need help getting their resumes in shape.
“If you have good English or writing skills and know how to get by with a resume, you can make a lot of money editing even a few resumes a month,” he said. This sideways turmoil is also light on money production. “You’ll need solid grammar skills and hardly anything else – you can even take a short course on CV writing if you want to brush up on your skills in this area.”
Beginners can charge around $20 an hour and increase that rate as you gain experience. “You can take this business and drop it off as needed for fully flexible hours.”
“Similarly, with a similar skill set, if you have a good understanding of grammar and can’t read a page without being distracted by every typo, you might want to consider review and edit documents,” said Minesh J. Patel, attorney and founder of The Patel Firm.
Lawyers, paralegals, bloggers, writers, and all kinds of professionals need to make sure their essential documents are perfect, but they don’t always have the time to comb through every article they write, a- he declared.
“You don’t need a degree to do this job and you can make a lot of money.”
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Affiliate marketing is one of those long-term side jobs that pays well, said Tim Davidson, president of Car Title Loan Lenders, which provides resources for consumers who want to learn more about title lending. Affiliate marketing is a model in which a business pays a third party entity or person to help generate traffic or leads to its products or services. You basically get paid to promote, often through your own website.
“However, before you can start making money with affiliate marketing, you’ll have to go through a learning curve. It’s not just about finding the right products to sell; it’s also about associating with the right brand.
See: 94 lucrative skills you can learn in less than a year
According to Tim Connon, founder of ParamountQuote Insurance Advisors, a great way for people to earn an extra $1,000 a month is to sell insurance on the side. “Insurance has become very telesales friendly, and the contract levels offered by carriers make it very easy to earn an extra $1,000 in commissions.” He said it only takes two sales to earn $1,000 and you can make your calls during hours when you’re not in a regular job.
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This article originally appeared on GOBankingRates.com: 6 Best Ways to Earn an Extra $1,000 a Month Without a Huge Time Commitment