Special Report

28 Smart Ways to Make Extra Money

It’s a great feeling when you win a few thousand dollars (or more) from the lottery. It’s even a great feeling when you reach into the pocket of an old pair of pants or down into a purse you haven’t used in ages and find a few $20 bills you’d forgotten all about. But neither thing happens very often.

That’s a shame, because we can all use a little extra money now and then — especially these days, when people are having their working hours curtailed or even losing their jobs due to COVID-19. Even for those who are still gainfully employed, though, there are always unexpected expenses that strain the budget, or little luxuries that usually seem out of reach. (Beware these 40 money habits that can leave you broke.)

The good news is that there are numerous ways to bring in a little extra income. 

24/7 Wall St. has put together a list of 28 ways to add a few bucks to the coffers. Some involve manual labor; others call for selling items you don’t need anymore, or running errands of various kinds, or monetizing your expertise. Believe it or not, there are also hobbies you can actually make money on.

Click here to learn 28 ways to make extra money

You probably can’t make a steady living with any of these, and in some cases the returns might be miniscule compared to the time and energy required. And not all money-earning strategies will make sense or be possible for everyone. All are worth considering, however. But unless you have no choice, don’t give up the day job.

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Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.