Let’s face it: being young and broke is no fun, but the good news is there are plenty of ways to earn extra cash without sacrificing your sanity. Whether you’re saving for a big purchase, paying off student loans, or just trying to build up your savings, side hustles can be the perfect solution. With the right strategy, you can find a gig that fits your schedule and boosts your bank account. Here are some of the best side hustles for young adults looking to get ahead.
Freelance Writing and Content Creation
If you’ve got a way with words, freelance writing could be one of the best side hustles for young adults. Websites and businesses are always on the lookout for fresh content, from blog posts to social media updates. It’s a flexible gig you can do from anywhere, and you get to set your own hours. Plus, there’s no upfront investment—just your creativity and a reliable internet connection.
Become a Delivery Driver
Driving for apps like DoorDash, Uber Eats, or Instacart can be an easy way to make extra cash, especially if you already have a car. You can choose your hours, making it a great side hustle for young adults who need a flexible schedule. It’s simple: pick up food or groceries and drop them off while listening to your favorite playlist. The best part? You get to pocket tips and enjoy a little adventure along the way.
Sell Handmade Goods Online
If you’re crafty, why not turn your hobby into one of the best side hustles for young adults? Platforms like Etsy allow you to sell everything from jewelry to digital art prints. It’s a fun way to monetize your creativity while building a small business. Whether you knit, paint, or design, there’s a market out there for unique, handmade items.
Tutoring or Teaching Online
Are you great at math, science, or any other subject? Tutoring can be a lucrative and fulfilling side hustle for young adults who excel academically. With websites like Chegg or VIPKid, you can connect with students who need your expertise. You set your own rates and schedule, making it easy to fit this gig around your main commitments.
Start a Pet Sitting or Dog Walking Service
If you love animals, pet sitting and dog walking are some of the most enjoyable side hustles out there. Apps like Rover make it simple to connect with pet owners looking for reliable sitters. You get paid to play with adorable pets, and it’s an easy way to get some exercise too. It’s a win-win if you’re looking for a job that feels more like a hobby.
Social Media Management
Young adults who are savvy with social media can turn their skills into a profitable side hustle. Many small businesses need help managing their online presence but don’t have the time or expertise. If you’re already spending hours on Instagram or TikTok, why not get paid for it? Helping brands grow their following and engagement can be both fun and financially rewarding.
Flip Items for Profit
Flipping items from thrift stores or garage sales is one of the best side hustles for young adults who have an eye for deals. Look for gently used clothes, electronics, or home decor that can be resold online for a profit. It takes a bit of patience and a knack for finding hidden gems, but it can be surprisingly lucrative. Plus, it’s like a treasure hunt every time you shop.
Start a YouTube Channel or Podcast
For young adults with a passion for sharing ideas, starting a YouTube channel or podcast can be an exciting side hustle. It might take time to build an audience, but once you do, there are plenty of ways to monetize your content. From sponsorships to ad revenue, the income potential can be huge. The key is to find a niche you’re passionate about and be consistent with your content.
Finding Your Perfect Side Hustle
The best side hustles for young adults are the ones that fit your skills, interests, and lifestyle. Whether you’re freelancing, flipping items, or taking care of pets, there’s no shortage of ways to make extra money. Take the plunge and try out a few different gigs until you find the one that clicks for you.
The post Young And Broke: These Are 8 Of The Best Side Hustles For Young Adults appeared first on Budget and the Bees.
Tired of the Lemonade Stand idea? Check out 100 new and unique ways to make money as a kid.
Why did I choose to write a list of 100 ways to make money as a kid?
Because finding ways for kids under 13 to make money is kind of difficult.
And the lists you can find online? Well, it seems to be the same thing over and over again.
Not only will your child find multiple ways they feel comfortable with to start bringing in a little cash, but I’ve included actual stories from parents and their kids who did the thing and made the money.
Excited to get started? I am!
Pssst: once your child starts earning money, you’ll likely want to figure out your Money Rules and Money Boundaries around it. Build out your Kid Money System here.
Here are the main ways a child can earn money:
- Earn Cash Around the Neighborhood
- Create and Sell Something
- Get an IRL (In Real Life) Job
- Earn Cash Online
- Earn Through an Allowance/Chore Commissions
- Do At-Home Chore Projects
- Figure Out How to Get Their Money to Earn Its Own Money
And within each of these categories, are tons of ideas.
Earn Cash Around the Neighborhood
There are tons of ideas for ways your child can earn cash around their neighborhood.
1. Clean Up Storm Debris for Tips
It seems like huge storms are becoming more of a normal thing. And this takes a lot of cleanup.
Tara from ArtsyFartsyLife shared that her son and friend went around their neighborhood after a recent large storm with a huge box of heavy-duty trash bags and made $100 in tips by helping people clean up storm debris.
2. Detail People’s Cars
Crystal from SimplifyOrlando.com has been hiring her tween since she was 12 to detail the family car. She’s 14 now and earns $10 each time she does it.
Detailing includes things like vacuuming the car, dusting it, etc.
3. Recycle Bottles for Cash
There are 10 states with bottle bills where you can earn cash by recycling bottles.
They are:
- California
- Connecticut
- Hawaii
- Iowa
- Maine
- Massachusetts
- Michigan
- New York
- Oregon
- Vermont
How much can a child make doing this?
Samantha from SammyApproves lives in California, and her kids make money from their recycling bins.
She shared, “Our kids do all of our recycling. Bottles, glass, cans, and cardboard and split the profits. We have different bins on our back porch for each type of item (glass, plastic). They take it in once a month and usually get about $60 (that’s $20 for each of the 3 kids).”
4. Sell Icy Treats at the Neighborhood Pool
We’re lucky enough to have a neighborhood pool right around the corner from our house.
And an ice cream truck goes there about twice a day (boy do they rack up!).
I got to thinking: my own son could buy some icy treats, put them in a cooler, and sell them to poolgoers several times a day.
Yours could, too!
5. Sell School-Specific Shoe Strings
Ahead of homecoming events, or at sporting events (with permission), your child could buy bulk sets of school-colored shoe strings and sell them at a good markup.
You could do this ahead of the year’s Superbowl game as well, in your neighborhood.
6. Offer Snow Shoveling Services
Before the winter season hits, your child can talk to a few neighbors with you and try to secure 1-3 clients for the winter.
Help your child be clear on what part of the property their new client expects to be shoveled cleared, and to come up with a price per snow.
Also, your child could just take a snow shovel around to trusted neighbors after the next big snow day, and ask to shovel snow on the spot.
7. Open a Farmer’s Market Slime Stall
Kids love making slime! Wouldn’t it be fun to make pails of slime, and then dish it out at a Farmer’s Market stand one Saturday?
Create 3-4 different varieties, and then sell slime by the scoop.
Depending on the costs to create the product, your child could charge $0.25/scoop, $0.50/scoop, or even $1.00/scoop.
Here are some slime recipes to get you started:
8. Sell a Lot of Empty Toilet Paper Rolls
Your child can ask neighbors to save their empty toilet paper rolls (the cardboard). Have your child collect them at a certain time each month.
Then, help them set up a lot of toilet paper rolls to sell on eBay, Gumtree, or local Facebook marketplaces – people use them for crafting and more.
Of course, as with many of these ideas, your child shouldn’t expect to get rich. A look at “sold” lots of toilet paper rolls shows earnings of between $2.99 all the way up to $19.99 for 200 of them.
9. Get Into Sneaker Restoration & Customization
Your child could learn how to restore sneakers and practice on pairs they find at thrift stores.
Then, they can offer their services to restore old, or dirty sneakers and then sell them to “Sneaker Heads”.
Check out this video for more info.
And here’s information on how to start a business repairing and customizing sneakers:
10. Teach Neighborhood Kids How to Ride a Bike
Some parents love to teach their kids to ride a bike for the first time. Some would rather hire out!
Offer lessons as a service, if your child does well with younger children.
11. Be a Neighborhood Pool Helper
A mother with multiple younger children might feel a bit scared taking them all to the pool by herself (even with a lifeguard).
Your child could offer to help keep an eye on the little ones if they already know how to swim.
OR, they could be the person who stays out of the pool when some of her kids don’t want to swim but others do.
12. Donation Pick-Up and Drop-Off
Can your child have you drive them around your neighborhood on a designated date/time to pick up donations to take to Goodwill or a local charity?
They could have neighbors put these bags out on their front porch, with payment (or knock for payment).
13. Pick Up Metal to Scrap
Again, can your child use your truck to pick up scrap metal from neighbors and cash it in? Here’s a whole article on how to scrap metal for extra cash.
14. Costume Dress-Up Appearance
Kids can rent a costume of fun characters and offer to make appearances at younger kids’ birthday parties.
15. Help Set Up Easter Egg Hunt for Younger Kids
Does a local organization host a big annual Easter Egg hunt? You could ask if they need help and are looking to hire a child for a few hours.
16. Sitter for a Local Book Club or Bible Study
Do adults meet up for a book club or other club in your area? Your child could offer babysitting services (and with a friend or two, if there are lots of kids) at the meetup place so that adults are still around if needed.
Creating and Selling Something (at School, Market Day, Fairs, etc.)
Does your child have an entrepreneur fair, or classroom Market Day at school?
I’ve got loads of ideas for things they can make and sell at school (they can use these ideas to sell in neighborhoods, Farmer’s Markets, and more, too).
1. Start a Frozen Cookie Dough Business
Ella decided to create a frozen cookie dough business, with free delivery.
She made new cookie dough batches about once a week, then flash-froze them.
She also made a flyer and a Google form where people could place their orders.
You could even sign up for a membership, where you receive a half dozen balls of frozen cookie dough ($16 a month) or a dozen balls of frozen cookie dough ($32 per month).
Pretty neat!
2. Sell Customized Toys on eBay
Anna shared with me what her son is doing to earn between $1200 – $1500 this year alone: selling toys on eBay.
Some toys have been old ones of his or his friends (and he splits the profits with the ones he sells from friends).
Then there are the other toys that he customizes.
“He has some old Star Wars figures he’s customized and then sold. Sometimes it’s buying small toys off eBay he knows are worth more and reselling those or fixing them up (sanding, painting, patching, etc.) before he resells. He occasionally will sell a small part or item he can make from a 3D printer, but that’s a lot less frequent.”
3. Make and Sell Custom Cookies
Bethany says “My 14-year-old took 10 cookie decorating classes with our homeschool co-op. She has been selling cookies since June and making good money!”
Her daughter charges between $18 and $24 a dozen (and more for cookies free from gluten and natural dyes, or if they want them wrapped).
The cost is around $4 – $5/dozen to make (more if they’re gluten-free). The most costly ingredients are butter and meringue powder, and they now buy them in bulk to decrease the cost.
Bethany says, “Right now, she sells to people on my FB – so people I know. But a friend is making her a logo so she can get a FB page running. She plans to expand into cake pops and cupcakes soon. She took a cake decorating course too through our co-op. She does well with my friends alone. She had 6 dozen due this previous week. Her 4th of July special sold 15 dozen!”
4. Holiday Gift-Shopping Babysitter
Parents need time to shop for their kids (and for everything else on their list around the holidays – ask me how I know!).
Offering a service where they can drop off their child while you and our child are home to be played with could really take off around the holidays.
5. Make and Sell Roblox Items
Does your child use Roblox? They’ll need a premium account to do this – but they can create Roblox items and then actually sell them for Robux!
You’ll need to help them download Roblox Studio. This video has a good breakdown of how to sell an item, and how to create something in Roblox to sell.
6. Enter a Writing Contest with a Cash Prize
I wish I had known about writing contests when I was a child. Writing was all that I wanted to do!
Here are several your child can enter:
- Scholastic Storyworks Writing Contests
- Poetic Power Student Poetry Contest
- John Estey Student Writing Competition
7. Make Homemade Bath Salts with Fresh Petals
Mom Karen’s kids have kept their own garden beds within their larger family’s garden. They help maintain all of the garden beds, and in exchange, they get to use parts of it to earn money.
For example, the kids make bath salts with flower petals from the garden. Mom Karen says, “They charge $4/100g bag of bath salts with about a $2.50 profit.”
Karen explains, “Their “products” sell well at farmers markets and on our local community FB buy sell page. They offer free bicycle delivery in our neighborhood and we help them deliver within a 15-minute drive. We live on a small island, where literally everywhere is within 15 minutes.”
Why are her kids so successful with this product (and several others)?
Karen says, “I think a lot of their success comes from the largely senior demographic of our community. There are lots of kids here, but not many doing this kind of thing, and tons of grandparents whose own grandkids live further away! We also uphold a high standard of what they sell (high-quality control), which I think helps. The bicycle delivery and their good manners always get a lot of positive feedback too.”
8. Make Pressed Flower Bookmarks
Karen’s kids have also been making bookmarks with pressed flowers from their own gardens from the ages of 4-10.
Karen says, “The bookmarks cost them maybe 25 cents each for the paper (we buy big watercolour paper and cut it to size) and they use our general watercolour paints so we don’t allocate that cost. They charge $3 each bookmark.”
So, where do her kids get the money to buy their supplies? Karen explains, “They have “seed money” that we give them as part of their allowance that they use to buy supplies. When they take on an endeavour, they have to pay back their seed money first, and get to do what they like with the rest of their profits. Each week they each receive $3, 1 each for their “seed money”, “spending” and “savings”. They get to choose the savings goal. It’s usually a Lego kit.”
9. Make Custom Notepads
Did you know you can make a custom notepad out of any papers you want, using this simple notepad kit?
You can find tutorials for how to design these using free Canva, like this one, on YouTube.
10. Make Doggy Shampoo Bars
People lovvvveeee their dogs.
Give them a chance to pamper their dog and spend money with you by creating dog shampoo bars of soap.
You’ll need to help your child with this recipe, FYI (it uses lye). But the end product looks SO great, and she explains why it’s a healthy version of soap to use on dogs.
11. Rent Out Your Drone
This idea comes from my very own 9-year-old.
He absolutely loves to fly his drone (he’s on his third – they’re surprisingly affordable, and he purchased his first one).
He came up with the idea to do a drone show. While he hasn’t managed to pull that one off yet (he asked for a steep $10/ticket), I do think that there’s money to be made by renting out his drone.
We’ll see how this goes (I’ll report back!).
12. Sell Foot-Long Cookie Bars
I kind of think Subway® has come up with a genius idea with their new footlong cookie bars.
Your child can create ones easily at home.
Find a cookie bar recipe (I used this one but with chocolate chips), and make sure it fits into a 9” X 13” pan (which happens to measure 1 ft lengthwise).
Allow everything to cool, and cut it into 1-ft. long strips.
Then package it up. I was able to fit them into a lunch bag, or in some parchment paper (you could staple the end if you want to).
13. Sell Homemade Doggy Treats at the Dog Park
Find your local dog park, and make some homemade dog treats. Be sure to print out your recipes (for anyone who asks).
Package them up, and sell them at a table.
Here are a few doggy treat recipes.
14. Sell Gourmet S’Mores Kits at Camping Grounds
Can your child set up a stand at a local camping ground on Saturday mornings to sell these kits to campers? OR, ask the camping ground to include a display of them and split the profit.
Very simple to make, and campers will enjoy them.
15. Smartphone Home Screen and Lock Screen Designs
Lots of kids/tweens/teens have their own smartphones. Your child could use a free graphic design program to design a background image for people to buy and use on their phones.
They might want to write up and print out instructions for how to install the background image on an iPhone to hand out to customers.
16. Make and Sell Reusable Straw Charms
Lots of people are using reusable cups with straws now, so why not offer them a cute reusable straw charm?
17. Make and Sell 3D Print Toys
Our library offers free 3D printing (1 per child, per week), which is a pretty sweet deal.
He’s had some fun toys printed up.
I’ve actually talked to a mother whose child creates toys at their library’s 3D printer, and sells them!
18. Make and Sell First Aid Car Kits
Check out here for how I created Dollar Tree First Aid Car Kits pretty cheaply. Your child could make these, and sell them for a profit.
19. Make and Sell Stickers
Your child can create stickers that are very kid/tween/teen-friendly, and sell those.
20. Rent Out a Metal Detector
Kids and tweens love to use metal detectors.
If your child has some money they can invest, then they can buy a metal detector, and rent it out to neighborhood kids who want to use it to detect treasure in their yards (without having to buy their own).
21. Doggie Adventure Outings
Dog owners can feel guilty for not really playing much with their pets.
Instead of offering regular ol’ dog walking services, your child can offer a dog adventure service.
This could include taking someone’s dog for 45 minutes or an hour to:
- Trail walking
- Free play at the doggy park
- Play workout
- Etc.
22. Get Really Good at Screen Protector Replacement
Do you know how much Apple charges to replace your screen protector? I do, because I tried to get it done there. But I completely balked at the $39.99 price tag.
Your child could get good at replacing screen protectors, and offer the same service for $10-$15 (I’ve done this three times in the last six months, and it’s definitely a skill you get better and better out. I sourced my screen protectors at Walmart for about $5 each).
23. Event Cleanup Services
Is your child good at cleaning up (well, at least when money is involved)?
They could offer help cleaning up after parties around the neighborhood. Trash cleanup, dishes, sweeping the floors, etc.
24. Sell Hot Chocolate Glitter Kits
Your child can make these edible chocolate gems, then sell them in a package with a hot cocoa mix pack and marshmallows.
25. Sell Glitter Hot Cocoa Bombs
Edible glitter is so fun…and pretty. Your child could make hot cocoa bombs, roll them in edible glitter, and package them up to sell.
26. Create Thrift Store Book Blind Dates
Your child could collect adult books from thrift stores that are in relatively good shape, and add a cover to them to make them Blind Date Books.
Set up a table at a craft fair, or church fair, or wherever adults will be, and offer Blind Date Books to surprise themselves into reading.
27. Make and Sell Mood Ring Surprise Eggs
Kids LOVE to be surprised. Your child could buy mood rings in bulk, and then create these dinosaur eggs. They would put a mood ring inside of each one, and then sell them as a surprise that other kids have to dig through to find.
28. Sell Polished Rocks
Buy one of these rock tumblers, and have your child tumble lots of rocks. They can sell them in lots.
In Real Life (IRL) Kid Jobs
Ready for your child to work at a real job, or at least as “real” of a job they can get at their age?
1. Work On a Local Farm
I grew up on a family dairy farm. And we definitely had reasons to hire kids and tweens occasionally.
Such as hay-making season. Or when we opened our pumpkin stand for the fall.
You and your child can check into any local farms you have, and ask if they have the need for seasonal work or could use help on the weekends.
Also, check veterinarians and places with horses – one of my first jobs was mucking horse stalls.
2. Work On an Orchard
Kids under 16 can work at an orchard, as long as the work is non-hazardous, they have parental permission, and it doesn’t take place during school hours.
Read more about child agriculture jobs, here.
3. Hire Your Child in Your Business
Did you know that you can get a tax deduction while paying your child to work in your business?
Oh yeah! That’s a win-win.
Here’s a really helpful video all about how to hire your child to work for you.
4. Mother’s Helper for Holiday Party
My friend’s friend hired older kids to help entertain and watch younger kids at her holiday party so that the adults could relax.
This is a great service to sell!
5. Braid Hair at a Little Girls’ Sleepover
Is your child particularly good at braiding hair? They could be hired for an hour to braid hair at a neighborhood girls’ sleepover party.
6. Do Doggie Doo-Doo Clean-Up
I had to do this as a kid and didn’t get paid. How cool would it be to get paid to do something that most adults would rather not?
My friend, Aurora, also mentioned that this could be a great service for pregnant mothers/families (don’t forget cat litter box clean up, too!).
7. Work a Concession Stand at Sports Events, Fairs, Festivals, etc.
Get in touch with your local Chamber of Commerce, and ask about any festivals or fairs happening in your area. You can reach out to vendors, and see if they could use a child to help with the cash register, delivering orders, putting together orders, etc.
8. Become a Junior Referee Official
Did you know that, depending on the sport and organization, the age range for junior referee officials is between 10 and 13 years old?
For example, kids can apply to referee at local and regional tournaments and scrimmages for the US Judo Federation starting at 10.
Or for US Youth Soccer, starting at age 13.
9. Face Paint at Parties and Events
You can read all about 12-year-old Ella’s face-painting job here.
You’ll learn about what materials she uses, how much she charges, how she got started, permits, and much more.
10. Become a Vending Machine Operator and Owner
Your child could save up a decent chunk of change to purchase a used vending machine, like 12-year-old Adrian did, and then operate it.
He saved up and purchased a $1500 used machine (he looked at both eBay and Facebook). He purchased bulk snacks and drinks to stock his machine with and housed it in his father’s waiting room at work.
He’s learned so many lessons, such as how key location is, and to pay attention to which snacks sell out fastest.
Here are much lower-cost candy vending machines, plus further information if your child is interested.
11. Be a Mother’s Helper
A Mother’s Helper is exactly that – someone who is with a mother in their house, and who can help them with any number of tasks they need done.
For example, Shannon from ShannonTorres.com says when she was around 12, she was a Mother’s Helper to someone with two young children.
She says, “I would go there and help her with all kinds of random things. Folding laundry, entertaining kids, cleaning, and anything she needed help with at the moment. The mom was always there, so I was literally there to just help her. I think I made around $8 an hour (but that was 30 years ago lol).”
12. Work in a Distant Family Business
Maybe you don’t own a business, but your brother or parents do. Ask if your child could come to work some hours part-time for them.
13. Work at a Farm Stand
I have such fond memories of working at our farm stand on our farm (from probably about age 11 until I graduated high school).
My parents also hired our friends for some part-time work on our farm stand. Ask around at local farm stands you find!
14. Help with Farmer’s Market Set-Up and Takedown
When I was in college, I drove Amish workers to a farmer’s market each Saturday for a year. There were always kids helping their parents and relatives set up and take down their tables before and after the day started.
Online Kid Cash-Earning Opportunities & Jobs
You’ve likely noticed there are not many online kid money-earning opportunities.
Which makes sense.
BUT, there are a few, and I’ll include the minimum age requirements below.
Also, some of these sites only pay by PayPal, and you cannot have a PayPal account under the age of 18. Check out my article on if parents can open a PayPal account for their child.
1. Testbirds (Test Software and Get Paid to Find Bugs)
What a cool opportunity that kids of any age can do (as long as their guardian signs the parental consent form).
Your child can get paid to find bugs in software, between €1-5 euros (around $1-$5).
When they sign up, they can take the Entry Test (optional) to familiarize themselves with what a test looks like, and how to use their platform.
Training is also available at The Bird School, too!
Hint: Testbirds works with the currency Euro, but you can get paid in U.S. Dollars through PayPal.
2. PlayTestCloud (Test Video Games)
I know of few kids who wouldn’t want to make a little extra cash testing out video games (my 9-year-old son told me how he wants to build video games as an adult…I think I’ll have him start with this!).
You can playtest with your child by adding them to your profile (then you’ll receive playtests for them to do themselves).
Earnings aren’t bad, either; they estimate a 15-minute playtest will have a reward of $9.
Upon signing up, your child will need to take an unpaid qualification test that will also help them learn what to do on upcoming playtests.
3. Enroll App (Test Website Usability)
Kids aged 13 and older can complete usability tasks to help test websites for how usable they are.
You can do these tests on a smartphone, desktop, or tablet. Usability tests take between 30 seconds and 1.5 minutes to complete, and you can earn between $0.10 and $1.50 each.
Compensation is through PayPal, and you can cash out when you reach at least $1.
4. Mistplay (Android Only) (Earn for Playing Video Games)
No joke…your child, aged 13 or older, can get paid to play video games! Choose from a list of video games in their mixlist, play for a number of minutes, and earn units as they do.
This site pays in units, and kids can redeem these units for gift cards. Gift card options include prepaid Visa gift cards, Amazon, Google Play, iTunes, Nintendo, Xbox, PlayStation and more.
5. Swagbucks (Earn by Searching the Internet)
Kids aged 13 and older can use Swagbucks in a variety of ways – doing an Internet search, taking daily polls, watching videos, and taking surveys, to name a few.
I’ve personally been using Swagbucks since 2009, and I’ve earned a total of 372,296 Swagbucks. That’s a whopping $3,700 in cash to my PayPal account!
Bonus Tip: If the child qualifies, taking surveys will reap the largest rewards the quickest.
Users can choose from a PayPal deposit, Visa, or merchant gift card in return for the Swagbucks that they earn. If someone earns 2200 Swagbucks, they can cash out for a $25 gift card. Heavy users can usually get 2200 Swagbucks per month. However, you can cash out for as low as 450 points, which is worth a $5 gift card.
6. Slice the Pie
Kids aged 13 and older can get paid to write reviews on new songs, fashion items, accessories, and commercials before they are released to the public or to the market.
Slice the Pie pays between $0.01 and $0.20 per review. How much they pay depends on the demand for your teen’s review and the quality of their review. They pay by PayPal, and teens can withdraw payment once they reach a minimum of $10.
7. Sell Beats on BandLab
Have you ever heard of BandLab?
It’s a freemium music creation platform where your child can create their own beats and try to earn some cash.
Right now, they keep 100% of their earnings through this site (WOW, that’s a big difference from the music industry!).
The minimum age requirement is 13, and your child will need parental consent.
8. Set Up a Kid Voice Over Gig on Fiverr
People need kids to read scripts and statements, and all kinds of things.
I was able to find several Fiverr gigs where parents have set up everything for their kids to get a voice-over gig. Like this one here. Or this one.
Your child could do the same!
Figuring Out How to Get Their Money to Earn Its Own Money
Let’s not overlook the fact that your money can earn its own money: through interest in a savings account.
Don’t just think about any ol’ savings account though. Your child should open a high-yield savings account online (rates right now are around 4.5%, compared to just 1-1.5% in some traditional banks).
Through Allowance & Chore Commissions
Let’s not overlook the role allowance and chore commissions can play in your child earning money.
You’ll want to have your Kid Money System set up.
But then within that?
Well, there’s some room to play with for your child to make extra cash.
For example:
1. Negotiate a Pay Raise
Your child could try to negotiate a pay raise from you for their allowance (hey, all ideas are okay during the Brain Dump session!).
2. Be Hired by a Sibling for Chores
I’m not saying everyone will agree with this…but you’d be surprised at how often it happens (from what I’ve read in comments about earning cash for kids!).
3. Hiring them When a Sibling Doesn’t Do Chores (with that Sibling’s Allowance Money)
I’ve also heard that when one child does not do their chores to earn money, some parents let those chores be up for grabs so that other kids can earn the cash.
4. Ask for Chore Projects
They could ask to do Chore Projects around the house to earn extra money above regular responsibilities.
Speaking of chore projects…
Doing At-Home Chore Projects
I think there’s a real difference between chore tasks and chore projects.
Chore projects have several steps, and are more complex. So, I’m willing to pay for those!
Chore tasks are more one-time things that I believe my child should be doing anyway, without any pay.
Chore Projects Ideas List:
- Clean out and vacuum the family car
- Reorganize the family command center
- Organize all sports gear in the garage
- Organize the family hall closet
- Clean out the chicken house
- Scrub baseboards (downstairs, then upstairs)
- Clean up the wood pile
- Match the dreaded pile of one-off socks
- Clean out the chicken coop (this used to be my job!)
- Scrub all of the dried food off of kitchen cabinets
- Clean out the fish tank
- Get rid of expired cans and boxes of food in the pantry
- Organize all sports gear in the garage
- Scrub out/hose down inside of kitchen trashcan and recycling bin
- Clean up/organize all the board games
- Dust and wipe down each windowsill in the house
- Hose down/scrub the garage door
- Take everything out of the freezer, and wipe clean the racks/shelves
- Take out all spices from the spice rank, wipe them each down, and wipe the shelves clean
- Dust off all fake plants in the house
- Scrub/hose down all outdoor patio furniture
- Organize the craft room/craft area
- Scrub down the outside of the front and back door
- Wipe down/disinfect toys for younger siblings (with gloves)
- Collect all the pens from junk drawers and around the house, test them, and throw out any that don’t work – then organize what’s left
- Wipe down outside of closet doors
- Take everything down from the bulletin board, recycle expired papers, and organize what’s left
- Organize the linens closet – including refolding everything to look nice/fit
See how these are different from, say, “set the table”, or “take out the trash”?
Another idea is what Joanne’s grandson has done. Her grandson lives with her and decided to come up with a list of chores that he could do to get paid in Robux (the currency of the Roblox video game; it’s about $5 for 400 Robux).
The chores he came up with are:
- Clear the table after dinner
- Sweep the floor after dinner
- Sweep the floor after dinner
- Make sure there are no dishes or cups in the living room at the end of the day
- Put all my dirty clothes in the hamper
- Be at the breakfast table by 6:15 a.m. on school days
Joanne says, “It is possible for him to earn 100 Robux a day, and sometimes he can do extra chores to earn more. He was not motivated when we tried allowance, but he is very motivated with Robux.”
Remember: what you want and do not want to pay for is completely up to you – these are just suggestions and inspiration to get your mind moving on this.
This year, I simplified the two monthly articles that I’ve done for years – passive income and goals/resolutions. I’ve combined them and added some personal details.
Personal Monthly Recap
- The month started with my wife deployed for Hurricane Helene.
- We went to a local Harvest Festival and entered my cousin’s zucchini, which won first place. Our kids did some tug of war and sack races – lots of old-fashioned fun.
- We had a special trip to the zoo with the Cub Scouts that had behind-the-scenes animal interactions. The zoo was doing its annual pumpkin festival with around 5,000 lighted carved pumpkins that they replace every week (as the pumpkins go bad). It’s outsourced to a company called Passions for Pumpkins which does it for three states in the US
- My wife and I ran over the Pell Bridge – the longest suspension bridge in New England. It was great to watch the sunrise. Fortunately, it wasn’t as cold as last year.
- We went to Atlanta for FinCon. The kids crammed a lot into a few days, including Coca-Cola World and the largest aquarium in the United States.
- We celebrated Halloween with some friends, and the kids got enormous amounts of candy.
- We did the local annual corn maze. It’s always fun to get lost in nature for an hour or two.
[One of the thousands of carved pumpkins – an iconic moment in New England sports history.]
Back to the Passive Income and Goals
I put my goals in a spreadsheet and review it once a month. I know that I have too many goals to complete them all. That gives me the freedom to work on a few different things. Most people focus on fewer goals and aim to complete them. They find it much less overwhelming. That’s just another reason why I’m weird. Do whatever works for you.
Click for a larger version in a new window
I just realized now that all year I’ve had Hobbes in my spreadsheet. He’s a great comic character, but I meant Hobbies.
Passive Income
I have three side hustles with a passive component: a dog-sitting business, this blog, and managing a website for a non-profit. All three require some active work. However, I can get paid for all three even while working a full-time job. That’s why I consider them somewhat passive income.
If this definition of passive income seems off or confusing, please refer to my the last stand-alone article on passive income.
Dog, Blog, and Web Income
Dog boarding was fairly average in October. I could have done better, but I went to the annual financial creator conference, FinCon. Not being around for a weekend meant that I couldn’t take dogs.
[Our puppy had a play date with her biological sister. They both came up to Rhode Island from Atlanta.]
Blogging income continues to be terrible. Much of my income comes from people finding the site on Google and seeing the ads. Google is sending a lot less traffic nowadays. They’ve focused on showing results from big brands and shopping results. Of course, with AI results, much of the time, people don’t even need to click on a website. I’m going to switch some things up, so stay tuned for that over the next few months.
The non-profit website I manage doesn’t pay much, but I love being part of the organization. I hoped to add more this year, but so far, I haven’t come up with anything. I’m doing more work than I thought I would for the non-profit, and it looks like they have some surplus income. I’ve been trying to hint that the budget could go to technology, but it’s hard because I originally volunteered myself. Next year, I’ll have to take this out of the passive-ish income. They pay me every month, but I work enough that it doesn’t fit even my stretched definition.
Finally, I started doing some web work for a restaurant. That’s an hourly rate now, so I’m not including it here. Hopefully, it will translate to some kind of retainer, which I might include here.
October’s dog, blog, and website income was $3,888.72. The previous month, it was $5,369.47.
Because this type of income requires some active work, I only count half of it as passive income. More on that later.
Rental Property Income
We have two rental properties. They still have 15-year mortgages, so the rental income is just a couple hundred dollars more than breaking even each month. We’re almost done with the mortgages, though, and they’ll make much more money (around $25,000 a year).
For the purpose of this report, I calculate their income using the following formula:
(Rents After Estimated Expenses) * (Equity Percentage Owned) = Passive Income
Estimated expenses are insurance, property taxes, condo fees, and estimated condo maintenance. Equity Percentage Owned (EPO) is our total equity divided by the property value in Zillow. (Zillow is very accurate for our condos.)
Zillow says our properties were worth $5,000 more than last month. That breaks a string of drops. We pay off about a thousand dollars of mortgage debt on them every month. That’s a recipe for gaining $6,000 in equity.
I calculate the rents on the properties at around $2,657/mo., after expenses. This calculation is a little disingenuous because I average what our true rents are and what the market says they should be. We should be charging a lot more, but we have good tenants, and we’re trying to be kind, considering the exploding housing costs.
This month, we owned 81.90% of the properties. Using the equation above, this would be $2,176 in monthly income. For a year, using this method, we’d net $26,113.
Last month, and the month before, it was $2,168, so we gained $8. That’s typically how this growth goes. It’s slow, but real estate has been one of my most consistently growing income streams.
[While my wife was away the kids built a LEGO Star Wars Millennium Falcon that I found on sale for under $100. They chipped in some of their money. Here, my son takes a break to read a book. (This is not the norm at our house.)]
Managing rental properties requires some work – a few days a year. For this reason, I only count 80% of this number as passive income.
Dividend Income
My wife has been maxing out her retirement accounts for a little more than two decades. I maxed out my retirement accounts for my first ten years of employment, but it got much tougher when I became self-employed. At that point, I mostly focused on maxing out my Roth IRA and a little on my SEP-IRA. Investing this money for so long has created quite the nest egg for us.
For the dividend income portion of our passive income, I assume we invested all the money in brokerage accounts (retirement and non-retirement) into an ETF that conservatively pays a 2.5% dividend. I use this 2.5% number because I’m too “Lazy” to track the exact dividends from all accounts. Also, dividend payments are very inconsistent, with most payments coming quarterly. Is 2.5% a fair number as an estimate? I’ll let you be the judge, but one ETF, iShares Core High Dividend (HDV), is paying around 3.63% right now.
I also have profit-sharing income with a private company in which I own a small stake. I get a check each month that behaves like a dividend – it’s just taxed a little differently.
[Ice cream and a science lesson at Sub Zero Ice Cream in Atlanta]
This month our dividend income using this estimation was $5,001. We finally broke the $5,000 mark! I grabbed these numbers on the night of the election, before the big run up the next day. Waiting would have made a significant difference, but I always try to grab the numbers on the 5th of the following month. Last month, September, this was $4,985 so you can see it’s a decent $16 gain..
Unlike the previous two sections, this income is 100% passive. For this reason, I don’t have to adjust the numbers.
Total Passive Income
Dog/Blogs: $3,888.72 – Adjusted to $1,944.36
Rentals: $2,176.00 – Adjusted to $1,740.80
Dividends: $5,001 – Remains at $5,001
Dogs/Blogs Blue Line
Rental – Red Line
Dividend – Yellow Line
Total Adjusted Passive Income: $8,686.16
That monthly income would be about $104,000 a year. I consider that financial indepence. We might be spending a little more than that as we make some home improvements and send our kids to fancy private school. We don’t need to spend as much as we do though.
Here’s a graph of the numbers since 2017, when I started keeping track:
(The blue line represents the monthly total adjusted passive income. The Red Line represents the 12-month average. This helps remove some of the seasonality of dog boarding.
Our 12-month average is $8,505.32. That’s a sliver below our all time high of $8,581.87 last August. I didn’t expect to make new highs this year and we’re running out of updates, but it’s possible. This is the core number that I want to beat because it shows that blogging doesn’t have to make any money at all to still do well. (I would still need the dog boarding to grow this number though.)
My wife continues to work as well. She now has 25 years in the military and will be getting a pension that effectively doubles all this passive income. Her job has gotten easier and seemingly more fun, so she might stay 30 years and grow the pension more.
I can’t think of anywhere else to put this information, but our net worth grew a modest 0.28% last month. Overall, it’s up 13.51% for the year. Our liquid cash was very much the same as the month before. Some people track their spending to know where their money goes. I’m too lazy, so I just look at the liquid cash number.
Business and Other Money Goals
Personal Income ($85,000)
Two years ago, I made over $98,000 in side hustles. Last year, I made $88,000. I’ve recently cut back on dog boarding a bit, so I’m aiming for $85,000 this year.
Through October, I made $68,998, which is on pace for $82,448.52. I think I’m going to fall short on this one.
Complete Estate Planning
After several months of not getting together with my wife to answer the lawyer’s questions, we finally were able to get it done. I had expected this to be easy, but it really is difficult.
[We were able to catch the Northern Lights. I loved how the moon was peaking out of the clouds at our local beach]
Kid Wealth (Goal: 50,000 Page Views)
For the third year, I hope to get 50,000 page views on Kid Wealth.
In 2022, I launched Kid Wealth and wrote a lot of articles. It had 4,200 page views that year. In 2023, I got involved in other projects, but traffic tripled to 13,708. This year, I’ve only posted a couple of articles – ouch.
For some reason, traffic surged in October after an already good September. I’m getting double the traffic that I was for most of the year. I have no ads and almost no way of making money. I’ve got some renewed interest in this and also some ideas for 2025.
Professional Improvements
A few months ago, I worked on my website to show off my freelance skills. This past month, I updated my LinkedIn for the first time in about 15 years. That was a major goal for this. Additionally, I got the web work for the restaurant that I mentioned above.
[This praying mantis was outside our garage. The prayers apparently did not help.]
Health
I’m putting more focus on health this year. As you can tell from the above, our financial situation is great. Now, we just have to be healthy enough to enjoy a few decades of spending our money.
Lose Weight and Body Fat (Goal: 175lbs, 22.5% body fat)
I started on January 1st at 192.5 pounds and 26.3% body fat, according to my Fitbit scale. Ouch!
At the end of October, my average weight was 180.2 – effectively the same as last month. My body fat was 23.1% on average. The 4-mile Pell Bridge run with my wife seemed to lower my body fat for a couple of weeks. Towards the end of the month, I started eating a little more healthy again. We’ll see if it pays off in the next report.
[Pell Bridge Run!]
Health Points (Goal: 350)
This year, I’m tracking my health by giving myself a score at the end of the week for diet and exercise. The top score in each is five points.
When I give myself a five, I am saying that I generally had the reasonably best week possible. I can only have a couple of off meals a week and still get a five. The rest of the time, I have to eat with a purpose, such as half fruits and vegetables or half plant protein. If go out to restaurants and just eat whatever I want, then I’m only going to get one point.
For exercise, I’d have to put in a very solid effort every day to get a five. At the start of the year, I got mostly one point each week. The weather wasn’t very good, and I wasn’t motivated to exercise. Since spring, I’ve started walking more – often getting in 10,000 steps a day. I need to do higher cardio and weights, but this is a step in the right direction.
With 52 weeks, I can earn a maximum of 260 health points each for diet and exercise.
At the end of October I have 222 points. That’s a pace for 266 points. I’m going to miss my goal, but I know it’s helped me make much healthier decisions. Next year, I’ll shoot for 300 points.
Health Appointments
Medical appointments are a very important part of staying healthy. Here’s what I’ve done this year:
Dental – I had to do some deep cleaning this year. It was two separate appointments where they did one side and then the other. I had the regular cleanings and a couple of fillings replaced, including one in October.
ADHD – I finally got diagnosed with ADHD. Getting the standard testing with a specialist was impossible, with the scheduling being months in the future and their insurance policies changing at that time. Finally, I did an assessment at ADHD Online and paid out of pocket. I brought the results to my primary care physician, and she prescribed me a very low dosage of Adderall. It’s been very helpful.
Body Analysis – In February, I got a body analysis from DexaFit after watching “You Are What You Eat” on Netflix. They scanned my body completely for body fat. I also got a VO2 max test for cardio fitness and an RMR metabolic analysis. The results weren’t what I was looking for, but they will be a good baseline. I should get a follow-up, but I’ve been busy. I don’t know if I’ll get another one this year.
[Went to a town street fair where this crazy marching band was.]
Annual Physical – I had my annual physical a couple of months ago. She had recommended a colonoscopy in the past, but I wanted to wait until I got my ADHD sorted out. I thought a colonoscopy was a quick procedure that took maybe a couple of hours. I don’t know how to do a whole day cleanse and then manage the next day with my responsibilities of caring for dogs and kids. I think it makes sense to push this to 2025.
Finally, I’m on quest to regrow hair. July was my first month. I think it takes about 4-6 months to see results. I think this is going quite well. I’m probably going to update that article within the next month. You can judge for yourself with the before and after pictures.
Hobbies
I almost never get time to do a hobby. I have too many jobs and house/kid management going on. Below are just some of the things I’d like to do:
- Learn AI
My goal at the beginning of the year was to look into becoming a “prompt engineer.” AI was advancing so fast that I thought that “prompt engineering” might be dead. Regular readers saw that I used AI effectively in a few articles in the last few weeks. After FinCon, I realize that I couldn’t afford to do nothing on this, so I bought subscriptions to ChatGPT and Claude. I’ve been using them both for some research and projects over the last couple of weeks.
- Canva
My kids use Canva at school, and they are better than I am. However, I used it in September to make a “gift card” for dog boarding, and it was super easy.
- 3D Printing
Still no progress on using the 3D printer.
- Rubik’s Cube
Last year, my 10-year-old mastered the Rubik’s Cube. He can speed-cube it in less than 90 seconds on average.
I’ve got about 92% of the algorithm memorized. I’d say that 70% of it is in muscle memory – I don’t need to think. About half the time, I get lucky and don’t need the other 8% of the algorithm. I was able to solve it in 2 minute and 17 seconds on one of those lucky tries.
- WordPress Blog as a Journal?
I should be keeping a journal of some kind. Lazy Man and Money is my money journal. The goal is a journal for everything else. I don’t think this is going to happen this year.
- Program in Python
I want to make a toy program to get my old software engineering skills going again. After seeing how the new ChatGPT can code, I wonder if this is even a useful goal.
Some of the new web work that I’m doing above has knocked the rust off. I’m giving myself partial credit for this one.
- Learn to fly a flight simulator
Let’s push this to 2025.
- Learn to play Backgammon
This may be a December thing to check a box off a box near the end of the year.
- Play a modern song on an ukulele
Another month with no progress on this one.
Overall, I’m doing much better with hobbies than I expected. I still have a couple of months left to make some more progress.
Family
Declutter and Organize House
Every year, we have some home improvement goals on the list. Last year, we got new carpets and interior paint.
This year, we are looking to declutter, organize, and upgrade the whole house. We hired a friend who is an interior designer and she put together a good plan. For years, we had a lot of cheap Ikea furniture. In May we finished the dining room, which is one of our smallest rooms.
In July, we cleaned out the office to make room for new desks. We also cleaned up the basement and made it much more functional. We now have a little workout area and an area for the kids to play. I set up some of my old gaming consoles and made them easy to play.
[Old school harvest festival!]
In August, we got the new desks and bookshelves. It’s fancy Pottern Barn – the stuff that lifestyle inflation is made of. Now, I just need to find the time to organize my existing stuff in that space.
In September, I got most of my stuff organized into that office space. I also did a little work on decluttering the garage. Our outdoor light fixtures were 30 years old and failing, so we replaced those. It sounds like a tiny baby step, but it required picking them out and scheduling an electrician. Finally, my wife has been listing and selling a lot of stuff on eBay.
Last month, we worked more on the office. My wife’s part is great. My side… needs work.
Our 10-year old said that we’re practically in a completely different house with every room getting upgrades. He simply volunteered this insight without me prompting him about the changes.
Travel
In March, we spent a week on a Yucatán Peninsula cruise on one of Royal Caribbean’s biggest cruise ships and another week at Disney World.
In April, we went to the eclipse and did a day of skiing. Usually, I wouldn’t count weekends as travel, but it was a notable life experience.
In June, we went on our annual trip to Block Island. We can drive to the ferry in a half hour and be on the island in 90 minutes. It’s a nice staycation for four days. The highlight was a scavenger hunt that we did on our phones. It was all virtual.
Of course, the big August trip was to see Paramore and Taylor Swift, go to Stonehenge, and do a Beatles tour in Liverpool.
In October, the whole family went to Atlanta. I had my FinCon conference, so the hotel room was already booked. My wife knows a lot of peope at the CDC and wanted to meet up with them. The kids came along to see the Coca Cola factory and the largest aquarium in the United States. It was a short trip, but still valuable.
[I didn’t see the sign that said we shouldn’t climb on the rings until it was too late. Whoops!]
I’ve taken a couple of days to put together some travel plans for 2025. Nothing is firm yet, but I feel good about the preliminary plans.
Kids
Kids are halfway through the first semester of school after a successful summer of camps. Their after-school activities are karate, First Lego League, and Scouting America. The 12-year-old will be in two school plays over the next few months while starting on the school swim team. Our 10-year-old is going to give basketball a shot. That will carry us through to the end of the year and into the next one.
[It’s always a good idea to give kids exposure to axes. What could go wrong?]
Final Thoughts
I’m pretty excited about how October went. I made really good progress on hobbies and got the new website gig. I’m feeling good about my health even though I’m still 5 annoying pounds from my goal. Even though the travel was minor, it was still a new experience for the kids (and my first time in Atlanta as well).
The post My Passive Income and Goals (October 2024) appeared first on Lazy Man and Money.
The month of October 2024 is another month of dividend income landing in my accounts.
Due to becoming debt free, I changed my pay myself model. Starting the beginning of August 2021, I am paying myself 30%, just like before. This will now consist of 24% to investing, and 6% to savings. The investment portion is going to my TFSA. Any money left over at the end of the month, I put towards investing on top of the money allocated from paying myself first. Hopefully, I can keep this up!
Note: All the dividends and totals below are in Canadian Dollars
I received a total of $1451.79 in dividend income for the month of October 2024. This represents a 0.187% increase from 3 months ago and a 53.6% increase year over year.
I received $0.00 in option premiums within my investment accounts in October 2024.
Below is a visual of my dividend totals for the last 5 years.
| Ckick To Enlarge |
| Click To Enlarge |
| Click To Enlarge |
Note: Any activity in my RRSP account is not included in these totals.
How was your dividend income for October 2024?
Disclosure : Long all mentioned securities
DISCLAIMER
I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.
Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.
Freelance income to the rescue
For 2024 I’m publishing side income reports each month to maintain accountability.
My goal is to progress by keeping it transparent and real. Reporting on the good and the bad lets me reflect on lessons learned.
Which sources I’m reporting and which I’m not
I’m not posting anonymously so my main job income, my part-time job income, and my main investments won’t be reported. I’ll report everything else, though!
Some income will be reported when I cash out, and others as I earn it. I’m moving toward
Also, for the moment I’m reporting income, not profit. I’m in the red overall and will be for some time.
With that, let’s get going!
Google AdSense income: $10.50 (-$1.68)
October saw a modest downtick in Google AdSense income.
I reduced the number of ads showing on the page in June. I turned off Auto Ads on my main blog because the ads dominated the site and overran the content.
I have noticed more sign-ups for my newsletter from the blog, which is a positive. Also, the better site experience seems to be reflected in the traffic!
I applied for AdSense on my online presence blog but it hasn’t been approved yet. It could be anything at this point, but it may be navigation that’s causing the issue.
Google AdSense income has been there for most of my blogging run. Even though it’s been way higher than it is now, with the blog just mostly sitting there, people continue to visit and interact with the ads.
Medium Partner Program income: $11.40 (+$8.50)
October Medium Partner Program income finally went back up, after four months of decline.
I published six articles in October, as opposed to ten the previous month.
I currently stand at 111 articles.
Mr. Rebates: $1.39
Mr. Rebates is a cash-back rebate site that I’ve used for nearly two decades. People simply sign up for a free account, click through to online stores, and get a percentage back in their account.
Mr. Rebates rewards members with 20% of what their referrals earns, for life.
(Note, the link above and others in this article are affiliate links, which means that if you sign up I stand to earn a commission, at no additional cost to you.)
All income recently has been from referral commissions. I have a handful of dedicated referrals that continue to buy through the site, so I benefit from their activity rather than my own.
Inbox Dollars: $10.00
Inbox Dollars is a get-paid-to site that pays out cash for surveys, trials, sign-ups, and other activities. June’s earnings were roughly the same as May’s.
Inbox Dollars pays 10% of my referrals’ earnings for life. Like Mr. Rebates, most of the income comes from a couple of very active referrals, and it’s been reliable for quite some time.
I was able to cash out a $10 virtual MasterCard from Inbox Dollars in October.
Amazon Associates: $0
No commissions in October but I did get some sales on Halloween which showed up as commissions for November.
Landa: $0.65
Landa offers shares of rental properties in several states. These shares pay “dividends” each month, based on the net income the underlying properties bring in.
I put $250 in for fun to see where it goes.
I plan to buy more shares as I earn enough from dividends, but don’t plan to put more money in unless the prices dip substantially.
Atlas Earth: $10.00
Yeah, I started watching ads again on this app for money.
But hey, $10!
Receipt Hog and IBotta: $51.15
I have several grocery receipt apps that I “stack” for receipt rewards. This is completely legit.
I got payouts this month from two of them: $25 from Receipt Hog, and $26.15 from IBotta.
EarnApp: $8.03
EarnApp is about as close to passive income as you can get for an app. It runs on my computer, transfers anonymized packets from one place to another, and I get paid for allowing this.
There’s no intervention on my part, and I hardly notice the performance hit.
I have 72 referrals now, and 13 of them have installed the app and used it for long enough to generate some referral income. The referral income is 10% of their income for life (at no cost to them as it’s baked into the rate everyone gets).
The minimum payout is $2.50 (minus a very small fee), so the referral right now will get me to that $2.50 slightly faster. Most of the income this month, like last month, was from the app “working” on my computer.
I received three payments in October.
I talk more EarnApp and other very passive income sites here.
Honeygain: $0
HoneyGain is a site similar to EarnApp. I share my bandwidth and I get paid.
I have eight referrals now and one of them appears to be running the app a lot, so the referral income is up a bit (though the total is barely a dime now).
I may reach payout ($20) by the end of November.
Piano lessons: $80.00
This year I’ve driven a few miles to give a one-hour piano lesson.
I was able to do two piano lessons this month.
It has been enjoyable for both myself and my student. Not bad as far as trading time for money goes!
This is my favorite side income currently because of the interactions, to be fair. Not at all passive, but that’s just fine!
Website services: $160.00
This one started out of the blue a bit!
A poker player I’d met and visited his Kick channel wanted a website, so I did that for him! To be fair, I had followed his Kick channel, provided some tips for promoting his Kick channel, and chatted with him a lot before it got to that point, but it paid off.
Of this $160, $30/month will be recurring for website maintenance and hosting. The other $130 was for design and writing articles.
Global Poker: $51.36
I had a cashout in October at Global Poker.
I play for fun. I have enough of a winning record on micro-tournaments and $0.05/$0.10 cash games to not go broke. Also there’s a small daily sign-in reward that subsidizes my playing.
I talk more about how I earn regularly from online poker here.
TOTAL: $394.48 (+339% from last month)
Thanks mainly to my freelancing income this month, this was my best month to date this year!
Other sources that are waiting in the wings
I have a few others that I’m involved in. Some will pay out soon:
- MyPoints: a site similar to Inbox Dollars (owned by the same company)
- Swagbucks : another site similar to Inbox Dollars (owned by the same company)
- Impact and FlexOffers, similar to Commission Junction
- Kit, the mailing list manager extraordinaire
- Tutoring (in real life!)
- Honey: A completely different app than HoneyGain; used for coupon codes
- CryptoTab: a browser that mines bitcoin
- InstaGC: a site similar to Inbox Dollars (NOT owned by the same company)
- My YouTube channel (67% toward 1,000 subscribers and 18% of the way toward 4k hours)
- Selling on eBay
- Benable with its swanky lists and built-in affiliate program
- Quora! I’m writing there again.
We can only start from where we are.
The best time to start earning side income was twenty years ago.
But the next best time is right now.
Let’s encourage one another. Let’s do this together!
Thanks for reading!
Hi, I’m John and I encourage entrepreneurship in people, including myself.
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There’s a growing list of ways to make money with your car, from food delivery, rideshare, delivering packages, and more.
The post 8 Ways to Make Money With Your Car in 2024 appeared first on Millennial Money Man.
Do you want to be an entrepreneur? I share 16 random lessons from entrepreneurship so that you don’t waste your time or energy on this journey.
The post 16 Lessons From 16 Years of Entrepreneurship That Will Help You Save Money and Time appeared first on Studenomics.
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The post Reduce tax on savings by parking cash in gilts [Members] appeared first on Monevator.
Thankfully, I’m back in the positive trend territory (last month my dividend income dropped because the distributions for some ETFs were decreased). If you like to track your dividend income like I do, here’s a free dividend tracker spreadsheet download for you. I find it …
Read moreOctober 2024 Dividend Income Update
The post October 2024 Dividend Income Update appeared first on Genymoney.ca.
October 2024 Dividend Income Report — Documenting monthly dividend income and investment activity to chronicle the journey to financial independence. I am not a licensed investment advisor, and the content of this post does not constitute professional investment advice. The information provided reflects my personal investment experiences and opinions, and should not be interpreted as …
The post October 2024 Dividend Income Report: Dividend Income Investor Reports Record-Breaking Income And Achieves A New Milestone; $209.94 (44% YOY Increase) appeared first on Dividend Income Investor.