75+ Ways To Make Extra Money

Extra MoneyHere on Making Sense of Cents, I talk a lot about making extra money. I do this because I truly believe that making extra money can change a person’s life.

After all, making extra money changed my life.

Around five years ago, I was fresh out of college and stressing out about my student loans. I was also not too happy about how much money I was spending and I was not too happy about how much money I was not saving.

Then, a few years ago everything changed when I learned all about side jobs and the different things a person can do to make extra money.

I have taken part in many different ways to make extra money and you can read about some of them in my post 10 Ways I’ve Made Extra Money.

Making extra money can change your life in ways such as:

  • It may help you pay off your debt;
  • It may help you save for things such as a vacation;
  • It may help you stop living paycheck to paycheck;
  • It may help you reach retirement sooner;
  • It may help you not feel as stuck at your job;
  • It may help you to become more diversified.

Whether you have just one free hour each day or if you are willing to work 40 to 50 hours a week on top of your full-time job, there are many options for you.

Below are 77 different ways to make extra money. [Read more…]

How to Turn Your Side Job into Your Main Job #FiverrFreelance

How to Turn Your Side Job into Your Main Job #FiverrFreelance Hello! If you are new here, I recommend you read my latest income report – $32,474 in April – My Monthly Online Income Report.

In October of 2013, I happily started freelancing full-time.

Technically, I have been freelancing full-time for several years, but it wasn’t until October of 2013 that I left the full-time day job I was juggling as well.

Turning my side jobs into my main job was hard work though.

I look back and I still cannot believe that I gathered the courage to do it. However, life is incredibly better so I am glad I made the preparations that I did because I was able to transition into full-time freelancing rather smoothly.

Below are my tips so that you can do the same. [Read more…]

How I Prepared to Quit My 9-5 to Do What I Love and Travel the World (Whenever I Want)

How I Prepared to Quit My 9-5 to Do What I Love and Travel the World (Whenever I Want)Hello! Here is a great post from a blog friend of mine. Sarah runs an awesome blog and I definitely think you should check it out.

When I was 18, I remember thinking that if I only I could make $15/hour, I’d be set.

At the time, I had just started my first year of college, and was working full-time to pay for it. I was making $12/hour all in, including commission, my hourly wage, and bonuses, and between tuition, rent, and living expenses, I was living paycheck to paycheck.

Little did I know that eight years later, I would be making quadruple that which I was making at 18, and that I would be willingly leaving a job that not only paid far more than $15/hour, but also came equipped with a lucrative pension plan, amazing health insurance and an office I couldn’t have even imagined at my retail job.

If you had told me that I would have not only the funds but the freedom to travel, I’d have thought you were nuts.

But in February 2015, the day after my 26th birthday and my last day of work, I got on a plane with a one-way ticket to Europe and went to go explore a little bit of the world before returning home to pursue meaningful work that I love.

I’m not special or rich or have any unusual advantages. I think that with a little bit of planning, you can do this too.

Yes, even if you have a mortgage. Even if you have bills to pay. Even if you have responsibilities.

I have all of those things, but I still was able to do this. Here are four steps that I took to prepare for the journey. [Read more…]

Beginner’s Guide To Earning Passive Income

What Is Passive Income 5 Passive Income IdeasPassive income has been an interest of mine for the past few years. However, up until recently, I never really did anything about this goal.

Dreaming is nice, but nothing happens unless you actually start making some changes. And, that is just what I plan on doing over the next few years.

Currently, passive income is a big interest of mine because I want to continue to bring in an income while being able to focus on other goals of mine (which may not generate income now or ever). I also want to diversify my income streams so that I am not too reliant on one area.

This way I can focus on what I want to do while not having to worry about how much money I am bringing in.

Below are different passive income-related questions you may be wondering. We will discuss what passive income is, the positives of earning passive income, passive income ideas, and the hard work that goes along with it.

[Read more…]

How To Find Freelance Jobs When You Have No Experience

How To Find Freelance Work With No Work ExperienceIf you are interested in starting a freelancing career, you are probably wondering how to find freelance work even though you may have no work experience as a freelancer.

Whether you are interested in getting into freelance graphic design, you are looking for freelance writing jobs for beginners, or something else, finding your first client can feel difficult.

Mostly everyone has dealt with this problem before – the entry level job you are wanting to apply for asks that you have experience.

The truth is, you need experience in order to gain experience and this applies to freelancers as well.

So, how do you gain experience for a job when you don’t have any?

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Below are my tips on how to find freelance work when you have no work experience. [Read more…]

2nd Mortgage Lending – The best zero-time side hustle

2nd Mortgage Lending The best zero time side hustleHello! Today’s side hustle post is by a new online friend of mine. You can check out other posts in my side hustle series here.

I created a challenge for myself to create enough passive income to replace my living expenses- but there was only one problem. I run a business and didn’t have time to take on side hustles that required a time commitment on my part.

I needed a zero-time side hustle that could bring in some cheddar. Sound impossible right? I thought so too…

Until I discovered second mortgages.

What is it?

Not only do you not need any spare time but you also don’t need any cool skill or talent to tap into. All you need is some extra money.

Second mortgage lending is when you offer your cash to people looking for small loans and put a lien against their property as collateral. Since you charge interest on the loan (in the range of 9-15%), you happily collect your interest cheques monthly.

That’s it. [Read more…]