7 Clever Ways to Make Extra Cash in 2020 -

(Newswire.net — May 22, 2020) — Nothing quite prepares you for the real world like the influx of bills you’re expected to pay each and every month. From student loans and rent to car insurance and taxes, there’s plenty of outgoing expenses that can leave you and your bank account looking and feeling a bit lackluster. Even when getting a hold of your finances seems like an impossible dream, there are a number of clever ways you can increase your cashflow to do more than merely make ends meet.

If you’re sick and tired of living paycheck to paycheck, it may be time to take up a side gig. Whether it’s a one-off venture or an ongoing side hustle, ending your days of penny-pinching can begin today. With these 7 clever ways to make extra cash in 2020, you’ll be able to thrive through this year

1. Dog walking

The demand for pet care rises every single year, and in 2020, there’s no better time to take a slice of this money pie. If you love furry friends and could use an extra $100 to $200 a week, consider signing up for a dog-walking service. These platforms connect you to pet owners in need of regular walks and overnight stays for their four-legged friend.

2. Invest in the stock market

Gone are the days of the stock market being this incredibly complex and unreachable thing. Today, the stock market is more accessible than ever thanks to beginner-friendly apps like Robinhood and TD Ameritrade that make it easy to familiarize yourself with the market. To keep a close gauge on your money, consider using an investment calculator to get a better idea of your long-term potential.

3. Tutoring

So long as people want to learn, the demand for tutors will always be high. Online tutoring is an excellent side gig for those who want to be able to create their own schedule and work from home. You’ll be able to give your brain a good workout, and maybe even make a few friends along the way. Depending on the industry you want to dive into, you may need certain certifications to qualify for tutoring platforms. But, it pays to play to your abilities and existing credentials and tutor where your expertise lies.

4. Start an Etsy shop

Artists, have you been dying to get your work out into the world? While it may feel like an impossible dream to create a full-time career out of crafting jewelry or creating custom canvas-paintings, a part-time side hustle may be the solution you’re after. Starting an Etsy shop is simple and connects you with buyers on the hunt for unique gifts and goods.

5. Airbnb host

Airbnb has become the number one alternative to traditional hotel stays. If you’ve got an empty guest suite or a summer home out in Utah or Texas, you can make a lot of extra dough by renting it out. In fact, depending on your property’s location, you could easily make over $75,000 a year by simply renting your space out to weary travelers in search of homey lodging.

Do you live in one of the most hopping U.S. cities for Airbnbs? Check out the list below to see if you could make a killing from temporary renting:

Los Angeles
San Diego
Las Vegas
Miami
Austin
New York City
Atlanta

6. Sell your yummy goods

If you’ve got one of those renowned recipes that all of your friends and family members salivate over anytime you cook or bake it, your extra cash flow may lie in the oven. Turn a fabulous profit by selling your homemade fudge or spiced rum cake to local restaurants or wedding parties. You’ll be surprised to find how much people will spend on outstandingly delicious food.

7. Freelance gigs

Freelance gigs can be incredibly lucrative if you dedicate the time to creating serious cash flow from it. Anyone with a background in the following niches will do well in their freelance marketplaces: