15 Best Ways to Make an Extra $1,000 a Month

Money
Updated: 4th Nov 2020
Written by Drew Cheneler
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100+ Best Small Business Ideas (for 2020)
15 Best Ways to Make an Extra $1,000 a Month
Money
September 3, 2020
Written by Drew Cheneler

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In this Article: The best ways to make an extra $1,000 per month online and at home.

Do you want to make an extra $1,000 per month? Of course, you do. Making an extra $1,000 a month translates into an extra $12,000 per year.

Think about it. If you make an extra $1,000 a month, what would that mean for you?

That much money could be used to pay off existing debt, put into an investment account, or set aside for retirement.

However, we need to answer one underlying question:

How do I make an extra $1,000 a month?

There are literally thousands of ways you can make an extra $1,000 from home.

To help you out, our team scoured the internet and found the best ways to make extra money each month.

These are proven and legit ways to make an extra $1,000 a month.

Let’s dive in.

Real Ways to Make an Extra $1,000 a Month

These are the best opportunities to make $1,000 a month from home and online.

1. Take Online Surveys

Taking paid online surveys can be done whether you’re at home or on the go. It’s not going to make you rich, but it’s possible to make an extra $1,000 a month if you pick the right survey sites.

Survey Junkie and Swagbucks are the most popular survey sites. Since their founding, both survey sites have paid out millions of dollars to their survey takers.

This is a quick, easy, and mindless way to make extra money. For real, just give it a try.

And if you are not satisfied, then try out another one of our proven ways to make an extra $1,000.

Make $1,000 taking surveys on Survey Junkie. Get Started Today.

2. Become a Freelancer

In our digital economy, freelancers are in demand, and they make bank. Whether you are a writer, graphic designer, or programmer, there are businesses hungry for your skills and expertise.

Make $1,000 as a Freelancer.

Websites like Flexjobs make it easy for you to connect with future clients and land high paying gigs.

Again, it does not matter what skills you bring to the table or your level of experience.

What matters is that you are ready to work hard, showcase your talent, and add value to your clients.

How to Make $1,000 Freelancing:

  1. Create a Profile on Flexjobs
  2. Compile a list of your previous work and create a portfolio. This allows your future clients to preview your expertise and make a decision on whether you are a good fit or not.
  3. Ask around for a few testimonials. Do you work for a business already? Ask your boss or coworker for a short testimony. This adds authority and brings peace of mind to those looking around for freelance talent.
  4. Leverage Social Media. Post on all of your social media platforms that you are searching for freelance (or part-time) work. Chances are you know someone who is looking to hire a freelancer to complete a quick project or two.

Keep in mind that it may take some time to land your first client, so don’t be discouraged. However, persistence is key.

The more you market yourself and form professional connections, the easier it will be to land future gigs.

Additionally, part-time jobs like nurses, customer service reps, and general administrative work are also increasingly available on the freelance market.

Find High Paying Freelance Gigs on Flexjobs.

3. Start a Blog

Are you a subject matter expert or passionate about a specific topic? Turn your passion into a profitable blog.

If you enjoy writing, this could even help you land more jobs as a freelance writer. In fact, most freelance writers create a blog to showcase their work!

Since the blogging landscape is seemingly limitless, it’s essential to carve out a niche. This could reflect what topics you will write about and who that audience is that you’re writing for.

Some of these niches include parenting, the art of side hustling, personal finance, or even DIY.

Starting a blog can make you an extra $1,000 a month.

These niches can be pretty broad themselves, so you might even break it down to be even more focused.

For example, if you want to start a blog about football or cooking, then try writing about fantasy football or the paleo diet that you’re following.

Make sure that the niche you choose has revenue potential. Do some research and find out if your niche has affiliate programs or accepts sponsored posts.

You can even develop your own digital product to sell to your readers, such as an online course or eBook.

To start a blog, you will need to create a website. WordPress is a platform that was designed for bloggers that require no knowledge of development.

To set up up a blog, follow these three steps:

Instructions to Set up a Profitable Blog:

  1. Register a domain. Use a web host like Bluehost to purchase a domain name that people can find. Make sure its something unique so it can separate you from all the other noise on the internet.
  2. Get a WordPress host. Bluehost is a reputable WordPress provider, so you can install this platform with one click. All you have to do is pick the theme, produce content, and have fun.
  3. Install WordPress. Once installed, you are ready to start blogging. Do some planning around your blog’s brand and purpose. Customize its appearance with themes and plugins to give you a unique look.

Blogging is one of the best ways to make an extra $1,000 or more per month.

However, with a little bit of time and hard work, you can make a hell of a lot more money than just $1,000, which is why this is one of the best small business ideas

Launch Your Blog today with Bluehost (only $2.95/Month).

4. Create and Sell an Online Course

Another way to use the skills or expertise you already have is to create an online course. Online courses are designed to be self-paced, so you don’t have to worry about live lectures.

Create and sell an online course.

Simply create a course, price it, and earn cash every time someone buys it. This makes for a simple, efficient way to make an extra $1,000 a month (passively).

To sell your online course, follow these steps:

  • Create your course online at Thinkific. It is the best platform to create and sell your online course.
  • Study your competition. Find out how long your competitions course is, how many students they have taught, and their price. You need to create a course that is cheaper, more comprehensive, and more engaging.
  • Set a Fair Price. Regardless of how long you spend creating your course, you need to make sure your price is fair for students. No one in their right mind wants to buy a $500 course. I would low ball your course at first, and then as more students enroll and leave positive reviews, you should increase the price.

Creating an online course may take a while; however, once the engine gets roaring and students enroll in your course, there is no slowing down.

Even if you sell your course for $50, you only need 20 students to enroll in it to make that extra $1,000.

This may be my favorite option, but it does require work on your end.

Create, Sell, & Market Your Course Online with Thinkific. Make Money today.

5. Start a YouTube Channel

It will take some time to learn how YouTube works and your first several videos probably aren’t going to turn out how you’d like.

But it’s through that experience that will make you better at creating compelling YouTube videos that your fans crave.

Make sure to develop a strategy and establish yourself in a niche. Ask yourself these questions:

● What purpose does your YouTube channel serve?

● Who is your target audience?

● Why should they watch your content?

● How often will you produce new content?

If you don’t think YouTubers make money, think again. Ryan Kaji is a kid, and his channel pulled in $26 million last year. That is absolutely absurd. And that is $2 million+ per month.

Want to learn more? Check out our guide on How to Make Money on YouTube.

6. Open an Etsy Store

Are you an artist? What About a designer? If so, you can make an extra $1,000 a month selling your craft goods on Etsy.

It’s the internet’s premier online marketplace for selling vintage and handmade goods. Prices are set by you and Etsy makes a percentage of your sales.

Selling goods on Etsy isn’t going to happen immediately. You will need to build your business from the ground up.

Here are fours to help you sell your handmade product:

  1. Write Engaging Descriptions. Keep it concise, clear, and light-hearted.
  2. Take Professional Photographs. Sorry, your iPhone won’t cut it. You need to take professional pictures of your product.
  3. Learn Etsy SEO. Like Google, Etsy is a search engine for consumers. You need to make sure your product descriptions include keywords.
  4. Establish Product-Market Fit. Research what consumers are buying on Etsy. Chances are you can create a product that sells and makes you extra money each month.

Start selling on Etsy right now.

7. Become a DoorDash Delivery Driver

The gig-economy is raging hot. From Uber to Grubhub, and now DoorDash, the opportunities are endless in the burgeoning gig economy.

While it is not a work from home job, DoorDash delivery drivers pick their schedule.

DoorDash delivery drivers work as many or few hours as they want. They get paid an hourly rate plus tips. Even if you’re out of town, you can pick up deliveries in the city you’re visiting.

It’s easy to sign up for DoorDash, and once your account is approved, you can start working immediately.

Each order is outlined with how much you’ll make so you can decide whether to accept it or not.

Working as a Dasher is a sure shot way to make an extra $1,000 per month.

Make $1,000 right now driving for DoorDash.

Related: DoorDash Delivery Driver Review

8. Sell Your Old Stuff

Do you desperately need some quick money? You could make an extra $1,000 a month from selling old things.

Whether you have a closet full of junk or a garage filled with boxes of items, your old stuff could be a treasure trove.

This is a quick way to make extra cash when you don’t have time to scale another side hustle or need money fast. Things that you could sell include:

  • Clothes
  • Old Electronic Devices
  • Kids Toys
  • Shoes
  • Kitchen Appliances
  • Artwork
  • Sports Equipment
  • Gardening Tools
  • Furniture

There are a ton of websites that allow you to sell old items. Our favorites are:

  • Decluttr
  • Second Sale
  • ThredUp

Regardless of what you are selling, there is a consumer out there who is willing to pay for your old item.

This is a great way to clean up your home, free up space, and make money!

9. Invest Your Money with Acorns

Investing makes your money work for you. It’s definitely more of a long-term game; however, if you have the capital, then you can (potentially) make an extra $1,000 a month.

Using the power of compound interest and time, you will reap the benefits.

For example, if you invest $200 a month that earns an annual rate of 7 percent for 30 years, you’ll make $228,000. That’s with only investing a total of $72,000.

Acorns is an app that makes it easy to invest your money. It uses your spare change that’s leftover after every purchase and automatically rounds it up to the nearest dollar.

It makes saving up for retirement or investing easy because it is entirely automated.

If you do not have an investment account yet, then you absolutely need to sign up for Acorns. It isn’t up for debate. You need to invest your money.

Start Investing today with Acorns.

10. Work as a Virtual Assistant

If you are a neat freak and have slight OCD, then consider becoming a virtual assistant. Essentially, a virtual assistant is an executive assistant that helps profitable online businesses operate.

Make no mistake, skilled virtual assistants haul in more than $1,000 a month. In fact, some pull in more than $5,000 and only work part-time.

Virtual assistants do a wide variety of things, including:

  • Scheduling Meetings
  • Manage Social Media Accounts
  • Schedule Travel for Executives and Employees
  • Respond to Customer Emails
  • Answer phone calls

As a virtual assistant, your day-to-day will often change, especially as the business you work for continues to grow.

To find work as a virtual assistant, create an account at Flexjobs and start applying for VA jobs.

11. Do Odd Jobs on TaskRabbit

You can also make money on your own time by becoming a Tasker with TaskRabbit. You get paid an hourly rate and make tips.

The tasks vary, ranging from running an errand to assembling Ikea furniture. Moving, cleaning, and other handyman-related tasks are jobs that pay the most.

If you love meeting new people and working outside the comforts of your home, then completing odd jobs on TaskRabbit is the perfect fit for you.

12. Start a Podcast

As you can imagine, the Podcast industry is booming. With Joe Rogan signing a 100 million dollar deal with Spotify, it is safe to say pod-casters make serious money.

While it will take some time to get your podcast off the ground, you can and will make more than $1,000 a month if you remain dedicated, focused, and motivated.

Launch and grow a profitable side hustle.

To get started, you need to create a game plan. This included finding your niche, structuring your podcast episodes, and purchasing hosting.

Similar to YouTube and blogging, there are several ways to earn money with a podcast, including:

  • Affiliate marketing
  • Sponsors and Advertising
  • Creating courses – If your podcast is a niche that you could make an online course for, you can market it using your podcast platform
  • Coaching and Consulting
  • Crowdfunding and Donations
  • Offering premium content

If you are ready to launch your podcast, then sign up for Buzzsprout right now. It is the cheapest and best podcast hosting service around. This service is used by thousands of pod casters.

13. Create and Sell Digital Products

Digital products are any piece of media or intangible asset that can be sold and repeatedly distributed online.

Selling digital products frees you from worrying about inventory, which is a plus! Ebooks, pdfs, videos, plugins, and templates are all forms of digital products that can be sold to make $1,000 online.

Selling digital products has numerous advantages. They require low overhead costs, high-profit margins, and consistent earnings (if marketed right).

Sell your digital products on platforms like Digital Downloadset, FetchApp, and Sendowl.

14. Become an Online Tutor

Share your skills with others by becoming an online tutor. Covid-19 is proof positive that online instruction is here to stay. Furthermore, it highlights how important quality online education is for students.

Reach out to schools nearby, community colleges, and mentoring organizations if you want to do something in the local area. Outschool allows you to create your own courses for K-12 kids.

Don’t worry, you can structure your online course around any topic, so make sure you choose one that you are a subject matter expert in.

15. Web Developer

Whether you are a large corporation, venture-backed startup, or small business, every business needs a professional website to share information and attract customers.

If you are a skilled web programmer, you can easily and quickly make an extra $1,000 a month. Find work on Flexjobs.

Make $1,000 a month as a freelance web developer.

Even if you don’t have the skills (yet), you can take a quick course on CodeAcademy and learn the basics in no time.

For real, Codeacademy will teach you introductory level HTML, Python, and various other coding languages that are used to develop professional websites.

4 Bonus Tips for Making an Extra $1,000 a Month

Undeniably, making an extra $1,000 a month will require you to do some work.

However, depending on how motivated and persistent you are, you can make more than $1,000. Most people do, but again it boils down to how badly you want to make money.

To help you out, follow our tips to maximize your monthly earnings.

1. Be Consistent

Just like your regular 9 AM – 5 PM job, you need to dedicate time to make extra money online. It can be an hour a day, two hours every Monday and Wednesday, or even four hours on a random Saturday morning.

It does not matter. Just make sure you put the time into whatever you decide to do to make some extra cash.

2. Remove Distractions

There are so many distractions if you are working from home. Logging into Facebook for a “few minutes” or trying to work while the tv is on in the background is going to derail you from your efforts.

Determine what things distract you the most and eliminate them while you are working.

3. Use Downtime to Learn

If you are serious about making an extra $1,000 a month, then you need to leverage your free time. There is always something you can do to make more money.

Whether you are trying to learn new skills or starting an online business, you need to become a life-long learner.

Read educational books, listen to podcasts, watch YouTube videos, or take an online course. These are all things that can propel your side hustle if you are a college student or young adult.

4. Prioritize Daily Tasks

Staying focused and productive requires you to know what you’re utilizing your time to do. Write down a list of tasks to prioritize your time.

That way, when you sit down to work, you won’t waste time trying to figure out what needs to be done.

Frequently Asked Questions: Make an Extra $1,000 a Month from Home

How to Make $1,0000 a Month as a Teenager?

As a teenager, you have more than enough time on your hands to make an extra $1,000. The best way to make $1,000 as a teenager is by taking surveys on Survey Junkie.

Online surveys are an easy, quick, and effective way to make some side money. They do not require additional skills and can be done between classes (cha-ching).

Additional ways for Teenagers to Make $1,000:

  • Start a YouTube Channel
  • Sell Products on Etsy
  • Start a Money Making Blog
  • Become a Podcaster
  • Invest their Money

It is also crucial for teenagers to know the importance of budgeting, saving money, and investing. But, with an extra $1,000 in their pockets, they can use it to pay for college or contribute it to a retirement account.

How to Make $1,000 a Month as a College Student?

Making $1,000 a month as a college student is doable, but it will require you to work. It can be hard on top of class and social activities; however, it can be done.

As a college student, you can make $1,000 by driving for DoorDash, babysitting, or by starting an online venture (blog, podcast, or YouTube channel).

Remember, you are taking a full load of courses, so you need to prioritize your time and leverage your skills.

Driving for DoorDash is still the best way for college students to earn an extra $1,000 a month.

How Do I Make an Extra $1,000 a Month Passively?

Millions of hard-working American’s dream of making $1,000 passively. Let’s be real, who wouldn’t love an extra $1,000 for doing absolutely nothing.

The best ways to make $1,000 a month passively is by investing, launching a blog, or by starting an online business.

However, the term ‘passive’ often gets misconstrued. Starting a venture takes time and effort, but over time, your hard-work compounds and the money starts flowing in.

Wrapping Up: How to Make an Extra $1,000 a Month

With the right effort, you can make an extra $1,000 a month. Pick something that lines up with your interest, skills, and time to make it realistic.

This is by no means an exclusive list. There are literally hundreds of ways to make $1,000 a month online.

Drew Cheneler
Drew Cheneler
Drew is a recognized Credit, Small Business, and Personal Finance Expert. He has been quoted in CNBC, Fox Business News Section, The Huffington Post, Business.com, Moneyunder30, US Chamber of Commerce, and more. He is known for breaking down complex personal finance topics into action-oriented advice, so you can make the most of your hard-earned money.