Affiliate Marketing

6 Top Ways To Earn an Extra $1,000 a Month Without a Huge Time Commitment

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Who can’t afford to earn extra cash every month? The problem is that you may have the desire but don’t have the extra hours to take on the time-consuming work. Fortunately, in this digital age, there are plenty of side businesses and money making strategies that you can use to earn some extra cash every month. Here are the experts’ suggestions on how to do exactly that.

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See: 11 Best Profitable Side Ideas: Earn More

Become a virtual assistant

One of the easiest side jobs for computer experts to have is becoming a part-time virtual assistant, said John Lee, co-founder and CTO of lending firm Fig Loans and financial expert.

The role can pay you up to $25 an hour and you can sign up one client for a few more hours and raise your client list if you want to get more.”

Virtual Assistant is especially useful for stay-at-home parents and anyone who has extra time because you won’t have transportation. Best of all, he said, “it doesn’t require highly specialized skills, and as long as you have some basic computing skills, you’re good to go.”

He said that due to the pandemic, many companies are expanding their online presence at the moment, greatly increasing the demand for this role. “Putting your foot in the door when demand is high and working based on your availability makes getting started in this aspect easy.”

Read: Best side business for people over 50

their own account

If you have a skill that could be useful to others, from graphic design to SEO or IT skills,”[f]You can transfer your skills to sites like Upwork and Fiverr, where clients come to look for specific assignments and skill sets, said Daniel Gavor, founder and CEO of Step By Step Business, a site that helps businesses get started. You can often earn just over $1,000 a month, Javor said.

Marilyn Gaskell, founder and chief business officer of TruePeopleSearch, a US-based technology company, noted that “in 2020, when the pandemic hit hard, many people lost their jobs and… shifted their interests to self-employment, now becoming their own boss and earning $ big per month.

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Create a product to sell

If you don’t have these skills, Javor said, you can try to create a product to sell. “A good example is creating custom phone cases. There are phone cases that make starter kits that you can buy for little money.”

He said that being successful in selling a product is creating something that solves a problem you have. “If you have a problem, perhaps related to the new world of COVID, other people have the same problem. Find a solution and be an entrepreneur. Perhaps your side hustle will turn into a multi-million dollar company.”

Check-out: 7 side struggles you can do across the US – full-time and part-time

Editing and proofreading

As the job market recovers from the pandemic, more people are looking for new jobs and more business owners are looking for positions, said David Elor, founder and CEO of David Elor Law Firms. This means that people need help getting their resume in shape.

He said, “If you have great English or writing skills and know your way to a resume, you can make some good money editing a few resumes per month.” This side hustle is also light on cash output. “You’ll need strong grammatical skills and almost nothing else – you can even take a short course on resume editing if you want to hone your skills in this area.”

People who are just starting out can charge around $20 an hour and increase that rate as the experience builds. “You can start and drop this business as needed for fully flexible hours.”

“By the same token, with a similar set of skills, if you have a solid understanding of grammar and can’t read a page without getting distracted by every typo, you might want to consider doing a side check of documents and editing documents,” Minch J. Patel, attorney and founder of The Patel Corporation.

He said lawyers, paralegals, bloggers, writers and all kinds of professionals need to make sure their essential documents are perfect but don’t always have time to take a fine-toothed comb for every piece they write.

“You don’t need a degree to do this work and you can make a lot of money.”

Check out: Top 7 Side Struggles for Parents

Affiliate Marketing

Affiliate marketing is one of those long-term side jobs that pays well, said Tim Davidson, president of Auto Loan Lenders, which provides resources for consumers who want to learn more about property lending. Affiliate marketing is a model in which a company pays a third party entity or person to help them increase traffic or lead to their products or services. You are basically paid for promotion, often through your own website.

“However, before you can start making money with affiliate marketing, you will need to go through a learning curve. It is not just about finding the right items to sell; it is also about partnering with the right brand.”

See: 94 Money Making Skills You Can Learn In Less Than A Year

Selling insurance

According to Tim Konon, founder of ParamountQuote Insurance Advisors, a great way to earn an extra $1,000 a month is to sell insurance on the side. “Insurance has become very convenient for remote sales, and the contract levels offered by carriers make it very easy to earn an extra $1,000 in commissions.” He said it can take no more than two sales to earn $1,000, and you can make your calls within hours when you’re not working at a regular job.

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About the author

Jordan Rosenfeld is a freelance writer and author of nine books. She holds a BA from Sonoma State University and an MA in Foreign Affairs from Bennington College. Her articles and articles on finance and other topics have appeared in a wide range of publications and clients, including The Atlantic, The Billfold, Good Magazine, GoBanking Rate, Daily Worth, Quartz, Medical Economics, The New York Times, Ozy, Paypal, The Washington Post and several Business clients. As someone who has had to learn many of her lessons about money the hard way, she enjoys writing about personal finance to empower people and educate them on how to make the most of what they have and live a better life.

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