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Working Capital - Mission Blog

<<Mission Blog Home Posted: 07-05-2019

broken piggy bank with change inside

Let’s face it, we’d all like to have a little extra in our bank accounts, pockets, stashed under the floorboards…ect. According to a study led by the American Psychological Association (APA), 72% of the Americans surveyed reported feeling stressed about money at least at some point over the past month.

Answer honestly: would you have fallen in with the stressed out 72%, or the 28% who are Scrooge McDuck diving into a pile of gold coins as we speak? 

Whether facing a tough financial hardship or saving for that swanky vacation to the Maldives, managing bills and other adulting expenses can leave you in the red (or at the very least, seeing it).

The great news is that there are many ways to supplement your income other than setting up a lemonade stand in your neighborhood. Find a side hustle that not only brings in the loot, but optimizes your skills, schedule, and resources in the best ways imaginable.

Here is a list to get you started on your journey to earning (and saving) more money.

  1. List Your Space –  Though many may consider it unorthodox, renting out a room or even your entire house is not entirely uncommon these days. Companies like Airbnb, Home Away, and VBRO allow homeowners to rent their spaces through a secure website. This may be a good option for you if you travel often (and tend to be away from your house), or if you have spare rooms that are going unused. Some users even rent out their backyards to those who are looking for a place to camp out. Just make sure you remember to close your blinds…
  2. Sell Your Skills – Do you have a great skill that is in high demand that can easily be done in the comfort of your home? If so, you’re in luck! Many companies are open to hiring remote part-time freelancers or consultants. For example, do you have a way with words? Consider looking for opportunities to work remotely as an editor or proofreader. Might you have a penchant for punching the numbers? A small, web-based business may be looking for a bookkeeper with a flexible schedule! Those who are in the digital media or tech fields could also have a multitude of remote gigs to explore. Check out websites like GetCoder or Authentic Jobs for short-term opportunities that will not only pack your pockets but serve as great resume builders in the long run.
  3. Get Paid to Drive Around Town – The Washington, D.C. metropolitan area has a thriving rideshare app and meal courier enterprise. If you’ve ever used Lyft to get around town or had Postmates deliver you Pad Thai from your favorite restaurant across town, you know first hand just how much these services are in demand. Companies like Instacart are even hiring drivers to deliver groceries to their customers, and in some circumstances, shop on behalf of the customers as well!
  4. Tutor Kids (or even adults!) – If you are passionate about education, then why not help to mold a [young] mind? Websites like TutorMe will pay you up to $18 an hour to share your knowledge with others. You can even consider the traditional, face-to-face tutoring method. Visit your nearest learning center and inquire about part-time opportunities.
  5. Get a Seasonal Part-time job – Do you find that finances are often tighter during specific times of the year? Perhaps you can look into gigs that will fade with the season. During the spring, look into opportunities as a banquet server for a catering company. Wedding season usually keeps event companies very busy during the spring, and they’re usually always in need of additional waitstaff. If you are looking to make a bit more money during the summer, check with your local parks and recreation site. Chances are they are in need of a CPR certified lifeguard. Closer to October, department stores like Macy’s will hire seasonal staff in anticipation of the holiday rush. Do your research! The options are endless!
  6. Apply for Odd jobs Online – Are you that one friend everyone calls to help put together their furniture from IKEA? Well you too, my friend, can get paid for your skillset! Connect with those who need your expertise through websites like TaskRabbit. Set your hourly rate, choose when you are available for a gig, and let the work come to you!

Whatever you decide to do, you may have more options to supplement your income than ever before given the strength of today’s economy and the workplace flexibility that technology offers. Do your due diligence. You never know…maybe it will even lead to a brand NEW career! 

What are some other ways of supplementing your income? Leave your suggestions in the comments below!

Working Capital, Goodwill mission blog author
This article was written by: Jasmine Taylor
Marketing & Community Engagement Manager

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