Managing to build extra-income that can total $1000 a month may seem daunting or simply a ridiculous fantasy. But it is possible, and it can turn out to be much easier than you thought.
This can be a great help if you need to pay off some debts that have you in the red, or simply want extra income so that you don’t have live paycheck to paycheck. Here are some ways you can achieve this; and it’s guaranteed as I’ve used some of these successfully.
Start a Blog
Blogging is a great way to make a full-time income. With consistency, and patience you can earn a decent income while working from anywhere!
If you are interested in starting a blog of your own, I created a tutorial that will help you start a blog of your own for cheap, starting at only $3.75 per month (this low price is only through my link) for blog hosting. In addition to the low pricing, you will receive a free website domain (a $15 value) through my Bluehost link if you purchase, at least, 12 months of blog hosting.
Take Online Surveys
- National Consumer Panel (Sign-Up Bonus)
- Pinecone Research (Potentially earn at least $3 per survey)
- American Consumer Opinion Panel (There’s potential to earn around $150-$175/month)
- InboxDollar (Earn 2,000 points as a sign-up bonus)
- Smart Panel (Earn $5 per device per month plus quarterly loyalty bonus)
- Nielsen Computer and Mobile Panel (I was able to earn over $100 worth of prizes and gift cards)
- EarningStation ($10 bonus after 5 site sign ups)
- Opinion Outpost (Earn cash/gift cards)
- Vindale Research ($2.00 signup bonus)
- YouGov (Earn 2,000 points as a sign-up bonus)
- Swagbucks (One of my most favorite sites)
- Survey Club (Potentially earn at least $50 per survey)
Rent out your free rooms/cottage
You can use companies/websites such as Airbnb.com to sign up for and advertise your home. Depending on the area you live in/ how much free room you have to rent, you could earn a nice sum of passive income a month.
By dealing with an established business, the risks to your safety and damage/theft of property will be minimal. You may be pleasantly surprised when the extra passive income amount from that alone begins averaging/exceeding $1000. Also, since you are already paying your normal mortgage/rent, that money is solely extra income.
If you are planning a travel/vacation away for any length of time, you can choose to rather rent out your entire house than to hire a house sitter. By choosing to rent out your house, you can make a substantially larger profit compared to having to pay someone to keep an eye on it. This is where choosing to deal with a respected business comes in hand even more. You can rent out your entire house with the assurance of security that there will be no bad consequences doing so. If you travel often, by using this method you can easily boost your monthly income profit to almost $1000 a month.
If you are unable to do any of the previously mentioned strategies to earn more income, you can opt to become a freelance/ghost writer. By using sites such as freelancer.com and fivver.com, you can charge for your services as a writer. There are always opportunities for work, ranging from large companies to smaller businesses to individual clients.
When you start out, it’s best to charge small amounts such as $5 or $10 per piece. By creating flawless work, even at this low price, you can build up your reputation on these sites, as well as further perfecting your skills. Over time you can then raise the price per piece of your work to $50. You may also be able to produce more articles or blogs in a shorter period of time. By writing just 20 pieces of work at $50 per month, you can already reach your goal of earning an extra $1000 a month.
It is possible
By using these 4 methods, or any more you can find that suit you, it will be possible to earn an extra income of $1000. You can then be able to pay off your debts faster and earn more income. By being patient, as well as being smart about it, you can help yourself live with less stress about the lack of sufficient income. Think outside the box, and don’t be quick to brush off an idea because, at the moment, is ‘too little an amount of money.’