It is almost impossible to live on minimum wage in the current world. If you rely solely on your minimum wage job, even if you work 40-hour weeks, it is almost impossible to survive. It is frustrating, but there are many ways to increase your income and keep more cash coming in each month. This will provide you with greater financial stability, while you work for minimum wage. These are 17 ways you can make extra income working for a minimum wage job.
How to Make Extra Income While Working for a Minimum Wage
1. Monetize your social media content
You should think about whether your social media presence could be a profit if you are a regular poster on social media and want to grow your following.
Even though Instagram and Tik Tok earners are the most successful, low-level influencers can still make decent incomes. To make $100,000, you will need at least 5,000 Instagram followers and 308 sponsored posts per year according to CNBC. Social media influence is a lucrative business. If you already spend time managing social media accounts, you might be able to make a profit.
2. Start a Youtube channel
It might surprise you how much money you can make from a Youtube channel. You can makeup, cook, and even games. You may have a talent or an interest that you would like to share on Youtube. This will allow you to grow your audience and make money doing what you love. You never know, you might be able one day to give up your job at minimum wage and devote your entire time to creating Youtube content.
3. Pet sitting or dog walking
Are you a dog person? You can make an extra income by pet sitting or dog walking. Dog-walking neighbors for a few extra dollars while you work nights can be a great way to make additional income. Wag and Rover apps are great for information about how to start. They help pet owners find dog sitters and connect them with dog owners who need their assistance.
4. House sitting
You can earn extra income by house-sitting. This is a great way to earn some extra income. t is a passive way to make extra income. You only have to visit your neighbors’ plants and cats a few times per week. NextDoor is a great way to advertise that you are available to house sit. Once you have established some regular clients, it’s easy to start to make additional income every month.
5. Babysit in your community
Babysitting is a side hustle that requires more work but can also be more lucrative and bring in some extra income. Post on Next Door or make flyers and hand them out to neighbors to find clients. This could be a fun way to make extra money if you are good with children. An online study has shown that the national average hourly rate of a babysitter is $23.25 per child and $20.57 per child for two children. You might find a gig as a nanny that pays more than the minimum wage, and you can significantly increase your annual income.
6. Do odd jobs for your neighbors
Other chores like raking leaves, shoveling snow, or mowing lawns can also be a way to help your neighbors and make extra income year-round. These jobs are often seasonal but if you dedicate a few weekends to raking leaves during the fall, you could easily make a few hundred dollars each season.
Alternative apps such as Task Rabbit can connect. You can meet people who are looking for help in return for your services. Task Rabbit is a great way to make extra money each month by doing tasks such as moving furniture, delivering, and doing handiwork. Taskers can choose their hours and earn between $22 and $62 per delivery job.
7. Gig work
The gig economy is a flexible, profitable way to increase your income stream. Uber and Lyft allow you to set your own hours and work as much or as little as you like. A valid driver’s license, access to your vehicle, and a background check are required. Every app has its own requirements. However, after a short initial application period, you can start working on your own schedule.
Another option is to deliver for Instacart and Doordash. Instacart offers more earning opportunities throughout the day, while delivery apps are most profitable during dinner rushes. You can choose which app best suits your work schedule.
Also read: Top 50 Gig Apps to Make Money
8. You can rent your car or motorcycle
Renting out your vehicle or motorcycle is another way to make extra money. Turo, a car-sharing website, estimates that the average annual income for renting a car is $10,516. This could be a great choice if you are able to live without a car for a few days each month.
9. Rent out extra space
You can also use extra space, even a garage, to store your garage. You could also rent it out to make a substantial passive income. Stache and Neighbor, for example, allow you to rent your garage, driveway, or spare room to neighbors looking for additional storage. Stache claims that a garage with two cars can earn a host an average of $4,000 annually. You could make a lot more money by selling your basement. Don’t waste your space!
10. Teach students in your field of expertise
If math has been your passion, If you are a native speaker of a language or a skilled guitarist, it is possible that parents will pay you to tutor their child. It can be a great way to share your knowledge, spend time doing what you love, and make extra income.NextDoor, posting on local boards or handing out flyers at schools near you there are many ways you can get your name out there to help your tutoring business get off the ground.
11. Donate plasma
You will not only save lives but you can also make a lot of extra income by donating plasma. You can earn anywhere from $50 to $75 for each donation appointment. However, the amount that you can make will vary depending on where you live. You could make up to $400 per month by donating plasma regularly. Plasma donation is different than blood donation. Your red blood cells are removed from the plasma and cycled back into your blood. This will leave you feeling energized and ready for your next appointment.
12. Become a study participant
As a participant in a study, there are many ways to make money. Participating in a study participant could include a clinical trial, volunteering in a psychological study, or joining a focus group. You can expect to make between $50 and $300 per day depending on the study. You can find out if there is a college near your area that is seeking volunteers or sign up online for matched researchers looking for participants in study studies.
13. Online selling of handmade goods and crafts
You can also sell your handmade crafts online to earn extra income and do the things that you love. Open an Etsy shop if you are a knitter or sewed expert. Then, market your products via Instagram to see the results of your hard work. Your artwork and paintings, and wood carvings can be sold, as well as jewelry, and any other craft products. Even if you aren’t a specialist in any craft, it’s never too late for your creative side to shine and make some money doing it.
14. Start busking
If performing arts appeal to you, You don’t have to be afraid of putting yourself out there head to the streets, put out a donation box, and do your thing. You can sing your favorite songs, breakdancing skills, or even poetry. All donation-based street performers, including busking, allow you to have fun, practice your art, and make extra money.
15. Take part in online paid surveys
Sign up and fill in some information to start making money by taking surveys online. Once you have been matched, wait for your survey to be posted. So you can work from home and still make money, even if it’s not your day off, you can take surveys online. Many survey companies offer mobile apps that allow you to take surveys from anywhere you’re located, even if you work slowly.
16. Watch viral videos
It’s true — You can be paid to view viral videos and even play video games through Inbox dollars company. You will be asked to answer a survey at end of the video or game. You will be awarded a small amount of money. It is worthwhile to try and make the most of your screen time if you spend your spare time on your smartphone.
Also read: Top 10 Ways To Make Money Watching Ads
17. You can sell your unused items
If you have used furniture, clothes, or other items that you are willing to part with, the resale market may be hot. You have two options to sell your stuff: online or in person. Although it is more convenient, selling your clothes at a consignment shop will usually net you less than if they were sold online via Poshmark and Mercari.
You will also find that you spend more time negotiating and earning more if your furniture is sold on Facebook Marketplace or Craigslist than if it were brought to a second-hand shop. It doesn’t matter which route you take, it is worth going through your stuff and getting rid of any items that you don’t need.
The minimum wage used to be a living income. This is not the case for many workers in the United States. It can be almost impossible to live in a minimum-wage job. For those looking to start a family, go to school, or invest in a house, relying on a minimum-wage job can prove difficult. There are many ways to make extra money while earning a minimum-wage job. This can help you have a better life and be financially secure.