{"id":389,"date":"2024-09-23T03:21:34","date_gmt":"2024-09-23T03:21:34","guid":{"rendered":"https:\/\/fiscalrecommendation.info\/?p=389"},"modified":"2024-09-23T03:21:34","modified_gmt":"2024-09-23T03:21:34","slug":"strategies-for-generating-extra-income-while-employed-full-time","status":"publish","type":"post","link":"https:\/\/fiscalrecommendation.info\/strategies-for-generating-extra-income-while-employed-full-time\/","title":{"rendered":"Strategies for Generating Extra Income While Employed Full-Time"},"content":{"rendered":"<div class=\"editor-module css-ntcxev eu4oa1w0\" data-testid=\"custom-video\">\n<div class=\"css-fhbynp eu4oa1w0\">\n<div class=\"css-uz6y7g eu4oa1w0\">\n<div class=\"css-1xpy4k5 eu4oa1w0\">Whether you want to make more money for a big life event, like buying a house, having a baby, hosting a wedding, sending a kid to college, or you have extra time and want to save a little, side hustles are a great way to make some cash.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">There are many reasons why you might want to make extra income. There are even more ways to go about doing so, whether you\u2019re\u00a0<a class=\"e19afand0 css-drd2z eac13zx0\" href=\"https:\/\/gigs.indeed.com\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-link-type=\"articleContentLink\" data-link-page-type=\"ARTICLE\" data-dd-action-name=\"click: articleContentLink\" aria-label=\"looking for a gig (Opens in a new window)\">looking for a gig<\/a>\u00a0or want to start your own side business beyond your full-time, 40-hour workweek.<\/span><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">In this article, we share 20 ideas for flexible side jobs to earn extra money.<\/span><\/p>\n<div class=\"css-1sui2ii eu4oa1w0\" data-testid=\"mosaic-zone\">\n<div id=\"mosaic-inline\" class=\"mosaic-zone\">\n<div id=\"mosaic-provider-career-guide-joblist-promo\" class=\"mosaic mosaic-provider-career-guide-joblist-promo mosaic-rst mosaic-provider-hydrated\">\n<div class=\"mosaic-provider-career-guide-joblist-promo-1sfkypf e37uo190\">\n<div class=\"mosaic-provider-career-guide-joblist-promo-1xp2ryh e37uo190\">\n<div class=\"mosaic-provider-career-guide-joblist-promo-12f7u05 e37uo190\"><span class=\"mosaic-provider-career-guide-joblist-promo-1kzc7o8 e1wnkr790\">Related jobs on Indeed<\/span><\/div>\n<\/div>\n<div class=\"mosaic-provider-career-guide-joblist-promo-157d3ls e37uo190\">\n<div class=\"mosaic-provider-career-guide-joblist-promo-1mhvptd e37uo190\"><a class=\"mosaic-provider-career-guide-joblist-promo-f1rsj9 e19afand0\" href=\"https:\/\/www.indeed.com\/jobs?cgtk=14896149-3592-4aaa-af4d-f8fed054adf9&amp;from=careerguidepromo-US&amp;q=Mystery%20Shopper\" target=\"_blank\" rel=\"noopener\" aria-label=\"View Mystery Shopper jobs\">Mystery Shopper jobs<\/a><\/div>\n<div class=\"mosaic-provider-career-guide-joblist-promo-1mhvptd e37uo190\"><a class=\"mosaic-provider-career-guide-joblist-promo-f1rsj9 e19afand0\" href=\"https:\/\/www.indeed.com\/jobs?cgtk=14896149-3592-4aaa-af4d-f8fed054adf9&amp;from=careerguidepromo-US&amp;q=Freelance%20Writer\" target=\"_blank\" rel=\"noopener\" aria-label=\"View Freelance Writer jobs\">Freelance Writer jobs<\/a><\/div>\n<div class=\"mosaic-provider-career-guide-joblist-promo-1mhvptd e37uo190\"><a class=\"mosaic-provider-career-guide-joblist-promo-f1rsj9 e19afand0\" href=\"https:\/\/www.indeed.com\/jobs?cgtk=14896149-3592-4aaa-af4d-f8fed054adf9&amp;from=careerguidepromo-US&amp;q=Brand%20Ambassador\" target=\"_blank\" rel=\"noopener\" aria-label=\"View Brand Ambassador jobs\">Brand Ambassador jobs<\/a><\/div>\n<div class=\"mosaic-provider-career-guide-joblist-promo-1mhvptd e37uo190\"><a class=\"mosaic-provider-career-guide-joblist-promo-f1rsj9 e19afand0\" href=\"https:\/\/www.indeed.com\/jobs?cgtk=14896149-3592-4aaa-af4d-f8fed054adf9&amp;from=careerguidepromo-US&amp;q=part%20time\" target=\"_blank\" rel=\"noopener\" aria-label=\"View Part-time jobs\">Part-time jobs<\/a><\/div>\n<\/div>\n<div class=\"mosaic-provider-career-guide-joblist-promo-1bqbbbj eu4oa1w0\">\n<p><a id=\"view-more\" class=\"mosaic-provider-career-guide-joblist-promo-60tjpo e19afand0\" title=\"View more jobs on Indeed\" href=\"https:\/\/www.indeed.com\/?cgtk=14896149-3592-4aaa-af4d-f8fed054adf9&amp;from=careerguidepromo-US\" target=\"_blank\" rel=\"noopener\">View more jobs on Indeed<\/a><\/p>\n<div class=\"css-46g904 eu4oa1w0\">\n<div class=\"css-d3k7co eu4oa1w0\">\n<div class=\"editor-module css-ntcxev eu4oa1w0\" data-testid=\"custom-video\">\n<div class=\"css-fhbynp eu4oa1w0\">\n<div class=\"css-uz6y7g eu4oa1w0\">\n<div class=\"css-1xpy4k5 eu4oa1w0\"><iframe loading=\"lazy\" title=\"Top Side Hustles\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/9A-PVjYKk7o?rel=0\" width=\"100%\" height=\"100%\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"rich-text-component css-expt65 e1tiznh50\">What is a side job?<\/h2>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">A side job is any type of employment or source of income that is in addition to your full-time job. A side job is not typically the same thing as a part-time job and often provides more freedom than a part-time position. Sometimes referred to as a \u201cside hustle,\u201d it is an additional source of income that you bring in during your spare time that can help you save money, get out of debt and reach other financial goals that your full-time job alone does not support <\/span><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Related:<\/span>\u00a0<a class=\"e19afand0 css-drd2z eac13zx0\" href=\"https:\/\/www.indeed.com\/career-advice\/finding-a-job\/best-self-employed-jobs\" target=\"_blank\" rel=\"noopener noreferrer\" data-link-type=\"articleContentLink\" data-link-page-type=\"ARTICLE\" data-dd-action-name=\"click: articleContentLink\" aria-label=\"Best Self-Employed Jobs (Opens in a new window)\"><span class=\"css-je7s01 eu4oa1w0\">Best Self-Employed Jobs<\/span><\/a><\/span><\/p>\n<div class=\"css-1sui2ii eu4oa1w0\" data-testid=\"mosaic-zone\">\n<div id=\"mosaic-inline-above-last-h2\" class=\"mosaic-zone\">\n<div id=\"mosaic-providers-career-guide-static-interviewprep-cta-inline\" class=\"mosaic mosaic-providers-career-guide-static-interviewprep-cta-inline mosaic-rst mosaic-provider-hydrated\">\n<div class=\"mosaic-providers-career-guide-static-interviewprep-cta-inline-1yn6an2 eu4oa1w0\" data-testid=\"interview-prep-cta-inline\">\n<div class=\"mosaic-providers-career-guide-static-interviewprep-cta-inline-1xela52 eu4oa1w0\"><a class=\"mosaic-providers-career-guide-static-interviewprep-cta-inline-1v4qrfz e19afand0\" href=\"https:\/\/www.indeed.com\/career-services\/interview-help?collectorID=careerguidepromo-US&amp;from=careerguidepromo-US\" target=\"_blank\" rel=\"noopener\" aria-label=\"Get interview-ready with tips from Indeed (opens in new window)\">Get interview-ready with tips from Indeed<\/a><\/div>\n<p><span class=\"mosaic-providers-career-guide-static-interviewprep-cta-inline-97iupv e1wnkr790\">Prepare for interviews with practice questions and tips<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"rich-text-component css-expt65 e1tiznh50\">20 side jobs you can with a full-time job<\/h2>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Here are 20 side jobs that will allow you to make more money without interfering with your day job. Many of these can be done either online and\/or on the weekends.<\/span><\/p>\n<ol class=\"rich-text-component css-1c9ld0h eu4oa1w0\">\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Work as a transcriptionist.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Start a blog.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Offer web design services.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Create a YouTube channel.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Teach English (or another language) online.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Sell used items.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Stage homes.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Pet sit.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Become a rideshare driver.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Run errands for people.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Make something and sell it.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Paint houses.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Become a tutor.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Clean offices.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Offer handyman services.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Become a mystery shopper.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Walk dogs.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Become a brand ambassador.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Offer freelance writing services.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Take online surveys.<\/span><\/li>\n<\/ol>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">1. Work as a transcriptionist<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Fast, accurate typists can often find transcription work online, either on platforms dedicated explicitly to transcription or by searching job sites for gigs. Transcriptionists are usually paid per word. People who type quickly can accomplish more work in a short amount of time and earn a decent wage.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">2. Start a blog<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Create a website and blog about a topic in which you are both passionate and knowledgeable. Use ads and affiliate links to generate income from your blog. This is an excellent option for people who love to write, enjoy spending time online and want to share their interests, experiences and opinions with people. If you need fast cash, this may not be the best option as it takes some time to establish your blog before the money comes in <\/span><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Related:<\/span>\u00a0<a class=\"e19afand0 css-drd2z eac13zx0\" href=\"https:\/\/www.indeed.com\/career-advice\/finding-a-job\/online-jobs\" target=\"_blank\" rel=\"noopener noreferrer\" data-link-type=\"articleContentLink\" data-link-page-type=\"ARTICLE\" data-dd-action-name=\"click: articleContentLink\" aria-label=\"11 Online Jobs for Work Flexibility (Opens in a new window)\"><span class=\"css-je7s01 eu4oa1w0\">11 Online Jobs for Work Flexibility<\/span><\/a><\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">3. Offer web design services<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Offering web design as a service requires some expertise and previous experience. If you know how to do graphic design and coding, pitch your web design services to businesses that do not have a professional-looking website or consider reaching out to local companies. As you work, make sure to add completed professional work to a portfolio to show potential future clients.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">4. Create a YouTube channel<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">If you can think of a topic you are interested in and know a lot about, you can create a YouTube channel focused on that topic. Create and upload videos with the goal of educating viewers or discussing a topic. Your channel will need to reach certain milestones before YouTube grants you the ability to monetize your account.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">5. Teach English (or another language) online<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Teaching languages online has become a popular way to earn money online and on the side. There are many sites you can join to become an online teacher and teach English as a second language to people from other countries. This job can turn into a steady side income when you commit to holding regularly-scheduled classes.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">6. Sell used items<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Have a look around your home for items you do not use. List them for sale in Facebook groups or on eBay or host a physical yard sale. In addition to making some extra money, this can help clean up your home. You may also have friends or neighbors who have things they would like to sell but do not have the time. You can offer to sell their items and split the profits with them.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">7. Stage homes<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">People with an eye for design can offer to stage homes for realtors. Create a portfolio to showcase your staging experience and approach real estate offices and house flippers with your service and rates. This may not be steady work, but it can pay very well depending on the number of rooms and the size of the home being staged.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">8. Pet sit<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">When pet owners go away on vacation without their pets, they need someone to watch them. Offer to pet sit for them for a fee. Pet sitting involves feeding the animals and providing affection while the owners are gone. Responsibilities often include taking dogs for a walk or giving the pets any necessary medications. This work is unsteady but suits people who love spending time with animals.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">9. Become a rideshare driver<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Use your vehicle to drive other people around town as an Uber or Lyft driver. If you are friendly, punctual and a good driver, you can do very well as a driver for one of these companies. This can be done whenever you have spare time and allows you to write off some of your vehicle expenses as tax deductions.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">10. Run errands for people<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">A quick search online will give you a list of sites where you can offer to run errands for people. The work is not often steady but it is often quite easy to drive from one place to the next and pick up a package or drop off some dry-cleaning in your spare time.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">11. Make something and sell it<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Creative individuals who are skilled at making things can sell their products online or in a local store. For example, knitters can sell their knitted items or gardeners can sell excess produce. People who excel at baking or cake decorating can sell their baked goods. Examine your hobby and see if there is a way you can make money from it. Reach out to local shops and ask if they will allow you to sell your product there.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">12. Paint houses<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Being skilled with a paintbrush can be an excellent opportunity to make extra money. Many people do not have the time or the desire to paint their own houses and are more than willing to hire someone else to do it for them. Word of mouth and local advertising can lead to regular work on the weekends and a decent supplemental income.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">13. Become a tutor<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Individuals who are skilled or knowledgeable in a subject can become tutors and teach others. Chemistry majors can assist high school chemistry students with their studies. No matter what particular subject you excel at, chances are you\u2019ll be able to find someone who needs tutoring in that area.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">14. Clean offices<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">This is a great weekend or after-hours job that can pay well and lead to steady extra income. Office cleaning is typically done after everyone has gone home for the day. This means that you may be able to clean offices right after you finish your full-time job. Cleaners must be professional, responsible and trustworthy to be left alone in the office unsupervised. Satisfied customers can refer other businesses to you and increase the money you earn.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">15. Offer handyman services<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">People who know how to build and repair things around the house can offer handyman services to people who are either inexperienced or too busy to do it themselves. You can advertise your services on online community sites and also through word of mouth. In time, you may be able to create steady extra work for yourself through referrals.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">16. Become a mystery shopper<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Search for sites that are hiring mystery shoppers and sign up for the stores nearby. You will be required to shop and then answer a survey about your experience. This work is often sporadic but can provide pocket money that you otherwise wouldn\u2019t have. Note that there are many scam sites out there, so be sure to do due diligence and vet mystery shopping opportunities through online reviews and employee discussion.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">17. Walk dogs<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Many people don\u2019t have time to walk their dogs every day. This job keeps you active and doesn\u2019t often take too much time. You may even be able to walk dogs for multiple people at the same time and earn more for the same number of hours. Dog walking can turn into steady work and become a reliable source of extra money.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">18. Become a brand ambassador<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">If you are knowledgeable in social media platforms like Instagram and Facebook, you could become a brand ambassador for a company looking to promote their products on these platforms. Brands will often provide you with a unique discount code that you share with your followers and pay you a percentage for every product purchased using your code.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">19. Offer freelance writing services<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">If you have a knack for the English language or simply enjoy writing, consider becoming a freelance writer. Several websites, magazines, newspapers and blogs utilize freelance writers, and there are even freelance writing agencies that can match you with projects that best suit your writing skills. This side job is something you can do both online and in your spare time, choosing the frequency of writing gigs to fit your schedule.<\/span><\/p>\n<h3 class=\"rich-text-component css-185dkj3 e1tiznh50\">20. Take online surveys<\/h3>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">There are several online platforms that pay individuals to take surveys to assess how well a website works, the quality of a product or any other service that needs to be measured and rated. Surveys often don\u2019t pay much, but you can sign up for as many survey sites as you wish to increase your overall income with this method. This is another side job that is prone to scam sites, so make sure you research the online survey employer carefully before signing up.<\/span><\/p>\n<div class=\"editor-module css-1ishiya eu4oa1w0\">\n<div class=\"css-dsk4ur eu4oa1w0\">\n<h2 class=\"css-17ua8lx e1tiznh50\">Frequently asked questions<\/h2>\n<\/div>\n<div class=\"css-emjzo3 eu4oa1w0\">\n<details class=\"css-kyg8or eu4oa1w0\" open=\"\" aria-expanded=\"true\">\n<summary class=\"css-12dy0g4 eu4oa1w0\"><span class=\"css-18xi9h8 e1wnkr790\">Can I make an extra $1,000 a month?<\/span><\/summary>\n<div class=\"css-1mj3359 eu4oa1w0\"><\/div>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Making an\u00a0extra $1,000 a month on top of your usual salary is doable, although it may take some time to build to a steady amount each month. Depending on the time you want to take to achieve this goal, you may want to choose specific avenues. You can often work ad hoc roles like those in data entry and virtual assisting into your usual work schedule and can build to regular work that provides additional income each month. Projects, like opening an online store or furniture restoration, might take longer to build up a client base.<\/span><\/p>\n<p>&nbsp;<\/p>\n<\/details>\n<\/div>\n<div class=\"css-emjzo3 eu4oa1w0\">\n<details class=\"css-kyg8or eu4oa1w0\" open=\"\" aria-expanded=\"true\">\n<summary class=\"css-12dy0g4 eu4oa1w0\"><span class=\"css-18xi9h8 e1wnkr790\">What are the seven streams of income?<\/span><\/summary>\n<div class=\"css-1mj3359 eu4oa1w0\"><\/div>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">Diversifying the methods you use to gain income can help you make extra money. Here are the seven basic streams of income you could consider:<\/span><\/p>\n<ul class=\"rich-text-component css-1nwdjkt eu4oa1w0\">\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Earned income:\u00a0<\/span>This is your salary from your full-time job.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Rental income:\u00a0<\/span>This passive income comes from owning and renting property.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Interest income:\u00a0<\/span>This income results from loaning money with interest.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Royalty income:\u00a0<\/span>Royalties can be paid to you if you own copyrights, patents\u00a0or other licensed material.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Business income:\u00a0<\/span>Owning and operating your own business leads to this type of income.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Dividend income:\u00a0<\/span>Owning stocks that pay dividends to shareholders can help you earn passive income.<\/span><\/li>\n<li class=\"rich-text-component css-1ojwiuw eu4oa1w0\"><span class=\"rich-text-component css-1dj8o46 e1wnkr790\"><span class=\"css-je7s01 eu4oa1w0\">Capital gains income:\u00a0<\/span>Selling assets like property for more than you purchased them generates capital gains income.<\/span><\/li>\n<\/ul>\n<\/details>\n<\/div>\n<div class=\"css-emjzo3 eu4oa1w0\">\n<details class=\"css-kyg8or eu4oa1w0\" open=\"\" aria-expanded=\"true\">\n<div class=\"css-1mj3359 eu4oa1w0\"><\/div>\n<p><span class=\"rich-text-component css-1dj8o46 e1wnkr790\">One of the most helpful ways to build savings is to establish a budget. Diverting funds into savings can help you have money for emergencies. Beyond that, exploring new skills or deciphering whether you could make money from your current hobbies is one way to build up your income sources. You may also want to educate yourself more about finances to discover where you could save more in your current financial situation<\/span><\/p>\n<\/details>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Whether you want to make more money for a big life event, like buying a house, having a baby, hosting a wedding, sending a kid to college, or you have extra time and want to save a little, side hustles are a great way to make some cash. There are many reasons why you might [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-389","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/posts\/389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/comments?post=389"}],"version-history":[{"count":1,"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/posts\/389\/revisions"}],"predecessor-version":[{"id":390,"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/posts\/389\/revisions\/390"}],"wp:attachment":[{"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/media?parent=389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/categories?post=389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fiscalrecommendation.info\/wp-json\/wp\/v2\/tags?post=389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}