During my career, I worked for a Fortune 500 company and earned an excellent salary. However, the organization was facing serious issues, and rumors of layoffs were widespread. I became terrified of losing my job.
My earnings made up 75 percent of my household’s income. Without that money, there was no way we could make ends meet. I spent many sleepless nights worrying about what we’d do if I ended up on the chopping block.
I became obsessed with building multiple income streams. From freelance writing to cash-back shopping apps, I cultivated about a dozen different sources of monthly income. Within a year, I was bringing in about $2,000 a month beyond my salary. The multiple sources of income gave me peace of mind and security in the face of workplace cuts.
If you’re like me and want to diversify your income or simply want to make extra money on the side, there are plenty of legitimate ways to make money from home.
5 ways to make money from home
If you want to start earning extra cash, you can use apps to make money right from your home. Best of all, you don’t need specialized tools or fancy equipment. You just need a smartphone and some spare time.
NiceTalk is one of a growing number of apps that pay you to have conversations with non-English speakers. Chinese users use the app to practice their English language skills by talking to native speakers.
As a NiceTalk tutor, you can work on your own schedule and make $10 per hour. Payments are sent through PayPal, and the company pays you weekly as long as you earn at least $20.
Demand for native speakers can fluctuate. One day you might have hours of steady work, then go several days without any at all. NiceTalk can help you earn extra cash, but it’s not a reliable source of steady income.
To qualify as a NiceTalk tutor, you must be an English native speaker, have high speed internet, and own an iOS or Android smartphone.
2. Amazon Associates
Amazon Associates is an affiliate link program. If there’s a product you would recommend to a friend, you copy a link to the product and share it on your blog or social media accounts. If anyone purchases that item — or goes on to buy other things on Amazon — you get a small commission of their order total.
It’s a quick and easy way to make extra money without dedicating a lot of time. I spend about an hour each month choosing and scheduling affiliate link posts on my small blog. That hour’s worth of work generally results in about $200 per month in my pocket.
Though it can take some time to build an audience or get traffic to your social media accounts, signing up for an Amazon Associates account is quick and easy. It’s free to join, and you can start creating links and making money quickly.
Once you’re set up, you can manage your account and create posts directly from your phone using the Associate app.
If you’re skilled in math, science, English, or test preparation, you can earn money by acting as a tutor through Mentored. Students can connect with tutors right away if they’re having trouble with homework or are studying for a test. As a mentor, you use the app to interact with students and help them with their work.
Sessions are generally short — usually 20 minutes or less. You can work when it’s convenient for you and choose which questions or issues you tackle. The company does not list pay on its website, but according to Care.com, you can expect to earn $15 per hour.
You can work from your smartphone, tablet, or desktop computer.
If you’re bilingual, you can earn up to $18 per hour translating text with Unbabel.
Unbabel is a translation generator. To ensure the translation is as accurate as possible, the company relies on human editors to review the text and confirm that it sounds natural. You do not need to be a professional translator; you just need to speak at least two languages to start work.
All work is done through the app. Unbabel pays workers weekly through PayPal or Skrill.
If you have previous sales call experience, you can make up to 30 cents per minute of talk time with VOIQ, with the potential to earn performance bonuses. VOIQ is a company that provides large businesses with remote sales agents to help them increase profits.
There are plenty of remote call center jobs available, but many require you to have an elaborate home setup, such as a separate and dedicated internet connection, specialized headset and microphone, and software. VOIQ is different; all you need is your smartphone and a reliable internet connection.
To qualify for a VOIQ sales agent role, you must have three to five years of call center experience. Once hired, the company pays you weekly via PayPal.
One thing to keep in mind is that you won’t have continuous talk time every hour you want to work. If there’s downtime, you might only make $10 per hour. VOIQ likely can’t replace your regular income, but it can be a source of supplemental money.
Earning extra money in your spare time
If you need to boost your income, but can’t (or don’t want to) pick up side gigs delivering food or driving passengers, these apps can provide a smart alternative. By spending a few extra hours each day or week on these apps, you can increase your earnings to meet your financial goals and protect you in case of an emergency.
If you’re looking for more low-key ways to make money from home, you can earn cash without ever leaving your couch.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Rates (APR)||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!|
|2.75% - 7.24%||Undergrad & Graduate||Visit SoFi|
|2.57% - 6.39%||Undergrad & Graduate||Visit Earnest|
|2.57% - 7.12%||Undergrad & Graduate||Visit CommonBond|
|2.99% - 6.99%||Undergrad & Graduate||Visit Laurel Road|
|2.74% - 7.26%||Undergrad & Graduate||Visit Lendkey|
|2.89% - 8.33%||Undergrad & Graduate||Visit Citizens|
Student Loan Hero Advertiser Disclosure
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.