7 Ideas for Making More Money in the New Year

by Miranda Marquit · 0 comments

Now that a new year is underway, many consumers are figuring out how to get ahead financially. Making money resolutions is a common tradition this time of year, and one resolution you can make is to earn more money.

If you want to make more money in the new year, here are 10 ideas that can help you boost your income:

1. Freelance

If you have a skill that is conducive to freelancing, this is one of the easiest ways to make money — and do it from home. Writing, editing, graphic design, software development, website development, and coding are all things that can be done from home as a freelancer, and there are many opportunities to do these things. A couple hours a night can provide a little extra cash for you.

2. Pick Up Extra Shifts

For those paid hourly, sometimes it works to pick up an extra shift. If you haven’t put your name down to work an extra shift now and then, make it a point to do so now. You might be surprised at what you can accomplish, and how the extra money helps.

3. Start a Side Business

Your side business can be one way to make extra money. If you work part-time, or if you are a stay-at-home parent, a side business can be the way to go. Businesses like pet sitting, babysitting (check state and local regulations), teaching music lessons, and lawn care can all be successful and provide extra income.

4. Virtual Assisting

You might be able to help someone keep track of appointments, emails, and do basic research. Virtual assisting is becoming a booming business, and you can get a piece of it if you are organized, can work from home, and have a few hours a day to devote to managing others’ lives.

5. Rebate and Survey Sites

If you want to make a little extra money, or get rebates and save that way, you can use rebate and survey sites. There are apps that will help you earn points toward rebates on things you usually buy, and you can take surveys for small amounts of cash or reward points. I use Swagbucks, and so far it’s been a way for me to earn Amazon gift cards that I can use to save money on my regular purchases. These sites won’t provide a lot, and I don’t devote a great deal of time to them, but if you have a few extra minutes, you can earn a few bucks.

6. Set Up Recurring Income Streams

I still receive money from the book I wrote a couple years ago. You can also add affiliate programs to your website. It’s possible to set up these recurring income streams. It can take a lot of time and effort to be successful, though, so you will need to put in at least three hours a day just to get things going. But, over time, if you do it right, you can come out far, far ahead.

7. Start Income Investing

Another thing you can do is start income investing. You don’t need a lot of money to start investing in dividend paying assets. It can be a smart way to start seeing a little more income, and build your portfolio at the same time.

No matter who you are, there is something you can do to earn a little extra money this year. And a chance that you could do multiple items on this list to help you start getting ahead.

Bonus Tip:

You can seriously cut your Internet and TV costs. Find a Verizon FiOS promotion code here and you might be able to spend less every month.

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