It seems like everyone is struggling to make enough money these days. I see so many people working multiple jobs just to make ends meet and they hardly have any cash left over. It’s unfortunate that our economy is so bad. But we have to work with the hand we are dealt. Many people are scared to take big risks and that’s understandable. So here are 5 low risk ways to make an extra $1000 every month. Any one of these could potentially replace your current job and have you making more money than you are now. And also they will help build your confidence and you could be on your way to taking bigger risks down the road. And ultimately, getting a higher payoff because of it!
Most people don’t know how much money you can make waiting tables. I was a server at a buffet and later on at the Cheesecake Factory. I made on average $200 on both Friday and Saturday nights at both places. Many people who worked with me had degrees and worked their full-time job during the week. Just working on the weekends they were making $1600 extra a month!
The flexibility is awesome in the serving industry. I worked four days a week and only worked about six to eight-hour shifts. And I was making roughly $2400 a month! That’s really good money for having no degree and taking no risks. Some restaurants require you to have prior serving experience, but most don’t. I wouldn’t say serving is an extremely easy job, but it is far from hard. And the funny thing is I’m was never a big people person. I think so many people think you have to be outgoing to be successful, but that is not the case. You only have to be friendly. Most customers don’t want to talk anyways.
Most people tip at least 15-20% on their total bill. I love that I have so much experience (7 years) as a server that I can always fall back on if I’m low on money. The more experience you get, the more easily you will be able to work at higher class restaurants. If you have a yacht club or country club near you I highly recommend working there. You could make anywhere from $300-$400 a night!
This is a great side hustle that anyone can do. You could easily make this into a full-time gig very quickly. You can also buy items from Craigslist, Facebook yard sales, garage sales, or thrift stores and sell it for more (double, triple, or more if done correctly). So many people have to get rid of their stuff fast and you can easily talk them down. There is no risk unless you start buying stuff and paying more than you should for it.
Related: How To Make Quick Money On Facebook
I used to be the person that people would come to when they needed money asap. I would buy their electronics and other valuables for more than a pawn shop would. Then I would resell it for way more than what I paid for it.
Some people have told me that I was wrong for “profiting from people’s financial troubles”. But I see it this way. I helped those people be able to pay their bills. No one else was going to help them and I gave them a fair amount. Everyone knew I only bought their stuff so I could sell it. Let people know that you would be willing to help them out if they ever need you. I made a couple thousand dollars extra a month doing that. It’s easy money and you hardly have to do any work. Buy it and put it online to sell it.
This has a little more risk, depending on what direct sales business you get into. There are many that don’t require you to buy anything to get started. But there are some that require you to buy a website or something of that nature. It’s usually a small investment that is well worth it in the long run, but many people are scared to even spend $50. Be very careful if they are asking more than a couple hundred dollars. I had someone try to tell me they required $2000 to start (they did make it sound good, but thankfully they didn’t scam me).
Low risk, low reward and high risk, high reward is usually true. The great thing about most direct sales is they are low risk and high rewards down the road. You can easily make $1000 a month selling for companies like Mary-Kay or Scentsy early on. Many people think sales companies are all just scams. Of course, some are. But many people become very wealthy in the sales industry. You can easily work in direct sales part-time and make good money.
I’m not talking about starting full on restaurant or clothing store here (not that you can’t do it by any means). The list of side businesses that you could start are endless! Here is a great list of businesses that anyone can start. You could easily take the two previous ways mentioned above and add in dog walking or VA (virtual assistant) work and you would be making $1000 a month easily for minimal time spent. Most people think of making money doing anything other than a “safe” job is mystical. But that couldn’t be further from the truth.
There are more people making money the entrepreneurial route today than ever in history. There is little risk in starting a side business. It will take your time though and I think that is what so many people are worried about. But ask yourself this. How much time to you waste on Facebook or watching TV? Investing time into increasing your finances will help you and your family more than those meaningless things ever will.
You would be surprised at the kind of money people are making with this. Think $10k-$70k a month! The ways that you can make money with blogging are endless. Recommending products, displaying ads (think of a blog like a TV station to give you a better idea), and selling ebooks and/or courses just to name a few.
You can get your own website from Bluehost for just $3.95 a month. That’s nothing to start your own business! There is literally no business you can start for that small of an investment. Find out how I made $1454 in my first five months blogging here.
There is so much free information online just up for grabs to help you build and run your blog. You may ask. Why isn’t everyone starting a blog and becoming successful then? Honestly, many people who do start give up. If you put time and effort into your blog, you will be successful. Plus it’s really fun writing about the things that you love and sharing it with the world!
Check out my article 8 Simple Things Aspiring Bloggers Can Do Now For Future Success. These are all of the things that I wish I would have done BEFORE I even started my website. So once you’re ready to get serious about blogging, you will already be 10 steps ahead of the game.
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- How To Save Over $500 A Year On Your Cell Phone Bill
Did you find any of these ways to make $1000 a month helpful? Let me know in the comments below.
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