Wednesday, July 16, 2008

Cash on the Side

Lately, it seems that everyone I know has not only a traditional job, but also multiple sources of “side income.” This just makes good financial sense in these uncertain economic times.

You don’t have to be a gifted entrepreneur to generate a decent supplemental income. Believe me—I’m not a brilliant business woman, but I have been earning a steady stream of non-salary revenue for over a year now. I certainly don’t plan on quitting my day job any time soon, but I have been able to rest easier knowing that Donnie and I are not entirely dependent upon our paychecks.

Here are some of the ways my friends, family, and coworkers are earning extra cash. How do you diversify your income?

  • Planning weddings, bar mitzvahs, and other social events.

  • Selling flea market finds on Ebay.

  • Providing small-scale home repair and contracting services.

  • Teaching music lessons.

  • Taking on freelance writing, copy-editing, and graphic design gigs.

  • Tutoring.

  • Providing consulting and project management services for small businesses.

  • Selling craft projects on Etsy.

  • Participating in community garage sales and flea markets.

  • Singing or playing an instrument at social events.

  • Delivering pizzas.

  • Selling fresh milk, eggs, produce, and baked goods at farmers’ markets.

  • Providing translation services to local businesses.

  • Baby-sitting, pet-sitting, or house-sitting.

  • Selling homemade dinners to busy coworkers and neighbors.

  • Designing, hosting, and maintaining web pages for local businesses.

  • Decorating birthday and wedding cakes.

  • Providing lawn, garden, and small-scale landscaping services.

  • Taking on a paper or phonebook delivery route.

  • Doing minor sewing and tailoring work.

1 comments:

Allison Says said...

I know many people that sew or make other hand-crafted items and sell them on Etsy. It seems like a great way to make a little extra money! Especially if it's doing something you already love.