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What are the best side activities to earn extra

These options offer the best value for money when compared to the time they will take

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Many of us would like to increase our income, whether through a raise, passive income, or “side hustle”. A coveted source of passive income is rental property, but it’s not an easily accessible option for many Canadians. As the cost of living has increased, more and more people are looking for second jobs or side activities that will allow them to earn extra income without taking control of their lives.

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So, for those without extra investment property or thousands of social media followers, here are five flexible and realistic ways to increase your income without draining all your free time.

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teach english online

Estimated salary: $18-$28 per hour

If you have teaching qualifications and experience, one of the best ways to earn extra money is to teach English online. There are a number of websites that will allow you to do this, but one of the most established and popular is VIPKID. VIPKID requires a four-year degree and two years of experience, in addition to being authorized to work in the United States or Canada.

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The biggest appeal of teaching English online is the flexibility. You can create your own work schedule whenever you want and as much as you want. With VIPKID, there is also no minimum hour commitment. In addition, the lessons last only 25 minutes. Another advantage is that you don’t have to plan any classes, the company takes care of everything and you just have to follow the program.

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The downside of teaching English online is that it can be incredibly competitive. You must also sign a contract (for VIPKID it is 6 months). VIPKID’s contract does not guarantee a full schedule or impose requirements on the number of classes you must teach. The contract also includes stipulations for base salary and details such as fees for last-minute class cancellations or no-shows.

Also keep in mind that peak teaching times can be quite early in the morning or late in the evening, as many students are in China.

Sell ​​digital products

Estimated salary: Unlimited

If you’re looking to earn passive income, consider selling digital products. The possibilities here are endless. Digital products can be anything from digital artwork to travel itinerary planners, calendars to venue settings for weddings, e-books to photo editing presets, and more. If you’re creative or knowledgeable, you can easily offer a product to sell digitally on a platform like Etsy.

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The big advantage of this type of work is that you only have to create the product once and then you can resell it again and again to your buyers. Since these are online sales of digital products, you don’t have to do the physical labor to sell or ship the item. Everything is set up to go automatically, which means this type of work is considered passive income. However, the downside is that you have to work hard to make sure your product is seen and stands out from the competition, which means getting into marketing and advertising. Not only can this take time, but it also means that it can take time for your products to start selling.

Those who succeed have the potential to earn thousands of dollars a day. However, this is not the reality for most people. That being said, if you have one or more good products that target a specific niche, you can earn a few hundred or even a few thousand dollars a month selling digital products.

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virtual assistant

Estimated salary: $20/hour

If you like social media and working online, you can offer services as a virtual assistant (VA). Many bloggers, influencers and even local businesses need help with their daily work online. This may include scheduling and posting to social media, responding to emails, or researching upcoming projects or articles.

VA roles are usually quite flexible with the schedule, making it an easy job to do after hours and from the comfort of your home. Depending on who is hiring, they can offer anywhere from five to 20 hours per week, which means you have a good chance of finding work that suits your schedule and needs.

Freelance writing

Estimated salary: $30/hour

Another option for supplementing your income in a work-from-home environment is to try your hand at freelance writing. Although print journalism isn’t as common anymore, there are plenty of online outlets looking for writers and contributors on a variety of topics. Salary can vary greatly depending on the type of writing you do, the subject and the client. New writers can earn as little as $0.01 per word while more established writers in a niche market can earn $1 per word

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Since the work is freelance, it is up to you how much work you want to undertake. You are also able to work around your schedule. The trickiest part of being a freelance writer is finding clients. Pitch can be time consuming and not always lucrative, especially if you are new to this type of work. In this case, you can check out websites such as UpWork where you can browse and apply for projects and potential clients. The advantage of this type of platform is that it is easier to find customers. The downside is that these are usually low-paying clients and the platform also takes a portion of your payments.

Freelance photographer

Estimated salary: $25/hour

Having an online presence is an integral part of today’s reality, personally and professionally, which means photographers are more in demand than ever. There’s demand for the usual suspects, like weddings and portraits, but also for small businesses looking to photograph products, or families looking for someone to capture their vacation memories.

While it’s always helpful to have an established presence, there are a number of websites where you can advertise your services so that potential clients can easily find you, such as Airbnb Experiences. This type of work can be fun, flexible, and lucrative, but depending on demand, it may not be as consistent as the other hustle options on this list.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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