Who doesn’t need some extra money, even if it’s just to increase your savings? As the latest economic downturn has shown, no one ever seems to have enough savings, and many of us have none, so having some extra cash to save without having to take an outside job is never a bad idea. There are several things you can do to make extra money from home, especially if you already have a hobby that could be turned into a money maker. Here are the 5 ideas that I like best.
Photo by Jeff Kubina via Flickr
Sites like Etsy, Craigslist, and eBay can be used to sell some of those craft items you’ve been making and hoarding for years. You won’t get rich, but a couple of hundred extra dollars a month is well within reason if you work at it.
There are many sites where you can earn money just by teaching others what you already know. Some pay per article, some pay upfront for articles plus a bonus for page views every month, and some pay based on ad revenue sharing. It’s not too difficult to make from $100-$400 a month once you get some upfront article and residual income payments going.
Are you a gardener who loves to share plants? Instead of giving them away, sell them on sites like Craigslist and eBay. There are a few online auction sites especially for plant and seed sales. A growing home-based business is the sale of fresh organically grown herbs to local restaurants. Take into consideration that if you live in a colder climate, this may be a seasonal income.
Affiliate ads got a bad name when everyone was trying to sell ebooks about how to get rich online, but now major companies are getting into the act, and affiliate advertising is big business. Affiliate catalog sites have hundreds of retailers to choose from, so you’re bound to find something that will suit your blog content.
Babysitting, pet sitting, elder sitting or house sitting are four possibilities. You can limit your available hours as you need, and hourly pay is relatively good. It’s not hard to make $100-$300 a month doing this in your spare time.
These are just five of the more popular options. The possibilities for making money from home are endless, depending on your talents and abilities. Put your mind to it, and you too can grow that savings account, or have extra money to spend on a monthly basis.
Reviewed and updated April 13, 2011.