One of my 2016 goals is to monetize this blog. I’ve spent a lot of time reading other blogger’s tips to generate income from a blog, but was having a hard time applying those tips. I felt like I needed to do a few things before I was ready to monetize. Over the weekend I had a blog consultation with my blogger buddy Diana of The Coffee Date. She’s really been helping and teaching me everything I need to know to be a successful blogger. Her biggest piece of advice was to narrow my focus/pick a clear topic. By the end of our conversation, I realized I want make Royalty in Reality all about incorporating budgeting/saving/making money into all aspects of your life. My primary goal is to give you all the tools you need to be well dressed, eat good food, see the world, and enjoy high quality relationships without clearing out your bank account. Don’t worry you will still get fashion/beauty posts, relationship stuff, and recipes.You will just be getting a lot more about saving, budgeting, and fun ways to earn extra income. Today we are going to focus on the latter topic.
Now that the holidays are over, it’s time to repair any damage we’ve done to our bank accounts. For most people, there is not going to be some huge pile of money dropped in their lap to replace what they spent during the holidays. This means having to find additional ways to earn money. Even if it weren’t the “holiday recovery period”, it’s never a bad idea to have multiple streams of income. According to Grant Cardone, a contributor of entrepreneur.com, one of the seven secrets of self-made millionaires is to create multiple streams of income. So if we’re thinking BIG picture, we should really have multiple income sources so that we can become multi-millionaires, right?
I am proud to report that I have three sources of income and I’m always looking to add more (right after I add several more hours to each day). Having multiple jobs doesn’t mean you eat, breathe, sleep, and work or that you can’t have fun along the way. Here are 4 fun ways to earn extra income.
- Become a nanny. I’ve been a child care provider for over three years now and I love it. I’ve been blessed to work with amazing families, whose children I’ve grown to love like my own. I’ve found all of my families through Care.Com. I currently work with two pre-teens 2-4 hours after school Monday-Friday. On average, this brings about an extra $600/month into my home. Additionally, I’ll pick up weekend gigs which can easily be a fast $50-60. This job is ideal for anyone that likes children. I’ve gotten to work with toddlers and pre-teens, both ages have pros and cons. Younger children are adorable and don’t have attitudes, but require a lot more attention and you have to wipe their butts. Older kids are more independent (i.e. wipe their own butt) and are a lot more like younger siblings. I’ve had so much fun watching my current kids discover themselves and mature.
- Become a private tutor. Sometimes nannying and tutoring are packaged in the same job. For example, the kids I babysit are middle schoolers and sometimes need homework help. I take off my car pool, hockey stuff toting nanny hat and throw on my tutor one. Alternatively, you can find tutor only gigs through sites such as Care.Com and Varsity Tutors. The ages and subject matters available to you as a tutor are endless. I even considered Varsity Tutors during my first round of MCAT studying. Because of great variability this job offers, the earnings also vary. Depending on the subject and location, some tutors earn up to $30/hour! Just think if you only did two session Monday-Friday day (10 hours total) and charged $20/hour, you would be looking at $800 of extra income every month!
- Start a blog. How could I possibly talk about fun ways to earn extra income and NOT mention blogging! This is fairly unchartered territory for me, but according to the internet and several income reports of other bloggers, blogging can be quite lucrative. From what I’ve seen, a lot of bloggers make money through affiliate marketing (you click a link in a blog post, make a purchase, and then the blogger gets a cut at no-cost to you), sponsored posts, and selling ad space. I’m still trying to figure out how to make Royalty In Reality rain coins, but rest assured when I do you all will be among the first to know!
- Drive for Uber. A close friend of mine actually drives for Uber and from the stories she’s told she has meet some pretty interesting and entertaining people. For those unfamiliar with Uber, it’s a ride-sharing company which allows smartphone users to request a ride through the app and an Uber driver in the area, who drives their own personal vehicle, will pick you up and take you wherever. From what I understand, drivers serve as independent contractors for Uber. There are some vehicle requirements, i.e. it has to be made after a certain year, and you must pass a background check. According to I Drive with Uber, the average Uber driver makes approximately $19/hour. Of course, this amount depends on where you’re located geographically and other factors. So let’s say you drive for Uber Friday and Saturday nights between 7pm and 1am (the times at which people are probably needing transportation), you stand to make an additional $912 each month! If you’ve never used Uber before, you can use my friend’s code (Chelseyc128) for a “free” (up to $20) ride! If you’re thinking you want to become a driver, sign up to drive for Uber here for you and my friend to get $150!
One thing all four of these potential part-time gigs have in come, is schedule flexibility. This makes it a lot more feasible to actually incorporate one of these jobs into your already hectic life!
Do you have more than one job? What are your favorite ways to make extra money? Can you think of other fun ways to earn extra income? If so, leave your ideas below!
Disclaimer: I am in no way guaranteeing you will make any money by pursuing any of these jobs. You’re success, or lack-there-of, is solely your responsibility.