It is hard to get ahead in life anymore, it seems. The economy has been bad since COVID. Many people got laid off and have been unable to obtain a similar-paying job. Prices have seemed to double for many items. Even going out to eat has become a major expense.
Even if you have a full-time job, you may still be struggling to make ends meet. If this describes you, you are not alone. Many people are in the same boat. That is why the gig economy has flourished in the past five years. A lot of people are taking on second and even third jobs to stay afloat and prevent bankruptcy. Sometimes, you must do undesirable things to get ahead in life. You may have to temporarily work a second job to pay down debt and avoid bankruptcy.
You may feel exhausted as it is. How can you possibly muster the energy for a second job? If your debt is mounting, you need to do something quickly, or you may face a major financial crisis that only bankruptcy can cure.
Looking for ways to earn some supplemental income? Here are some ways to make some extra cash.
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Freelance
If you have skills in writing, graphic design, or computer programming, you can offer your services to companies that are looking for temporary workers to fill these roles. Platforms like Upwork, Fiverr, and Freelancer can connect you with jobs for extra money.
If you have a car, you can use it to make money as well. Rideshare and delivery services have grown in popularity in recent years. Driving for Uber or Lyft or delivering for DoorDash, Uber Eats, or Instacart can provide flexible income. You can work when you want and choose the jobs you want to do.
Leverage Skills and Hobbies
If you are exceptional at math or writing, consider using your skills to tutor children who are struggling. Enjoy sewing or making crafts? Consider selling your products for extra money. Many people are also into content creation thanks to social media sites such as YouTube and TikTok. If you have unique content you would like to share, you can start a blog, YouTube channel, or podcast. You can make money through ads, sponsorships, or affiliate marketing.
Sell Unneeded Items
We all have stuff we do not need lying around the house collecting dust. Whether you have electronics, clothes, collectibles, furniture, or sporting goods, you can sell them online for some easy cash. You can use platforms like Craigslist, Facebook Marketplace, or eBay.
Rent Out Your Assets
- Car Rental (Turo, Getaround): If you don’t use your car often, rent it out.
- Tools and Equipment: Rent out tools, cameras, or other specialized equipment you own via platforms like Fat Llama.
Provide House or Pet Sitting Services
If you are home a lot, you can help neighbors who are traveling and need someone to watch their home or care for their pets. Many people will pay big bucks to a trusted person who can keep an eye on their place. You can also offer dog walking services if you live in an urban area.
But sometimes, even working an additional job is not enough. Before you throw in the towel, schedule a consultation with an expert bankruptcy attorney.