Making an extra $1,000 each month can have a huge impact on your life, and who knows what you could do with it. Maybe you’re already working full-time – there are plenty of things you can do in your spare time to take a chance at doing so.
We’re going to take a look at 30 different flexible opportunities that can help you earn over $1,000 per month.
How to Make an Extra $1,000 Per Month
Transcription can be a great way to make extra income or earn a full-time wage. Plenty of companies and websites are hiring for transcription jobs and the most part, you can work part-time or full-time hours. Check it out here.
Millions of people are interested in transcribing audio and turning it into text documents. They can help people with their transcriptions, enabling them to earn some extra money.
- It’s adaptable work that you can do from home at whatever point it squeezes into your timetable
- You can function so a lot or as little as you need
- It’s feasible to begin bringing in cash rapidly
You’ll need to type quickly (generally, at least 60 words per minute) and accurately, but those skills can be developed or improved if you’re lacking. There are many online typing tests that you can take to see where your skills are right now and what you may need to put more focus on.
Salary varies depending on the job and location, but many different types of work are currently in demand. According to ZipRecruiter, transcribers in the U.S. earn an average of more than $59,000 per year. Considering this is only a part-time job, it’s easy to see that there are a lot of financial opportunities here.
Investing in the stock market has become increasingly popular of late. Through apps like Public.com, it’s easier than ever to buy and sell stocks online, investing your money into a wide range of stocks, ETFs, and shares.
Investing indeed has monetary requirements to get started. Public.com and Robinhood, for example, allow you to start with as little as $1 and have fractional shares. So, whether you have enough money or not, there should be an option for you.
Over time, the risk of investing in stocks has become less and less of a concern. There’s a good chance that you could end up making more money than you would have if not for this investment. On top of that, knowledge on how to best manage your finances and invest is valuable in the long-term pursuit of financial independence, which can lead to better financial
If you’re new to investing, Public.com is a good introduction. It’s easy to use and has a beginner-friendly design (check out our Public.com review here). Dig into stocks that are available in different themes and it will be easier for you to find the perfect one for your needs. More than just news, Public.com includes a social networking component that lets you learn from experienced investors by seeing what they’re buying and selling, even participating in open discussions about the stock.
3. Work as a Virtual Assistant
Working as a VA is a great side hustle that could often turn into a full-time business. Some popular services that VA offers are social media management, administrative support, customer service, and much more.
There’s a lot that goes into managing a website and it can be difficult for small business owners to find the time. That’s why many VAs provide services related to content or site management. As a VA, you could manage their tasks for them and make an excellent hourly rate. You would be able to provide great results that wouldn’t be possible without your help.
With so many different skills, you can use your existing abilities to work as a VA. Creating services that are tailored to your experience and expertise is easy and allows you to put more energy into the skills you already have.
If you’re looking for a new opportunity, you may have a hard time finding one that makes as much money or is as rewarding as being a part-time virtual assistant! There is so much potential out there and more companies are making the introduction of freelancers an important aspect of their business – nearly all VAs can find a quality, long-term employment.
Similar to other types of freelancing, being a virtual assistant allows you to create a flexible schedule and make as much money as you want. Of course, it all depends on how many clients you have and what kind of work they ask for. But if you’re aiming for $1000/month as a VA, then it shouldn’t be too hard to reach that goal.
4. Start a Blog
I started a blog about 14 years ago to make some money on the side. I quickly learned that people were interested in what I had to say and it became my full-time job 1.5 years later. Since then, I’ve been self-employed as a freelancer while pursuing other projects whenever they would
I started blogging around 14 years ago to make some extra cash. Then I quickly learned that people were keen to follow along with my journey, so I turned this hobby into a full-time job just 18 months later. Ever since then, I’ve been able to work as a freelancer, juggling my time between blog posts and other freelance work. Blogging has been great for me and I recommend it as a way to make money. I felt like there were no other opportunities out there for me, but blogging provided a creative outlet and income potential.
One of the other best reasons to start a blog is that you can write about virtually any topic. Blogging is more fun when you’re writing about something you enjoy.
There are many ways in which you can make money with your blog. Some include:
- Affiliate marketing
- Publishing sponsored content
- Creating and selling digital products
- Offering a service.
Blogging is a tool anyone can use to market their products and services without breaking a sweat, but the truth is that you need time to build up a successful blog. Most of them don’t earn any profit for months, even years, and building it up is more work than many people realize. So if you need money quickly, starting a blog might not be a good idea. However, if you have a long-term focus and can consistently work on it for some months without the need to make money quickly, starting a blog can net great profit.
5. Start a Niche Website
Niche websites are different from blogs in that they provide specialized content for a certain field of interest, rather than a blog’s focus being more on the readership.
- Specialty sites adopt an exceptionally engaged strategy, and the substance covers one explicit subject.
- You don’t have to distribute new happy every time to a specialty site as you do with a blog. There’s greater adaptability.
- Most specialty sites are not marked like a ton of web journals are. The perusers don’t mind who is behind the specialty site.
Starting a niche website has never been easier. In many cases, you can generate an income from display ads and/or affiliate programs with just about any topic you are passionate about. SEO content typically targets keywords that people tend to use when searching for niche subjects. A large amount of traffic to websites from Google searches comes from these long-tail keywords.