The post How to Make $200 a Day appeared first on Millennial Money.
Since you’re reading this blog, it’s safe to assume you want to make more money. I mean, who doesn’t, right?
As it turns out, making more money isn’t as hard as it seems. You just have to put a legit plan in place and be persistent about reaching your goals.
A solid benchmark is to try to make $200 a day — or $73,000 before taxes. Here’s how to make it happen.
A Look at the Numbers
First, if you already have a job, figure out how much extra money to make per day.
For example, say Frankie makes $50,000 a year from her day job. Frankie basically makes $136 a day before taxes, so she needs to make $64 a day with a side gig to hit $200.
On the other hand, Skyler is already raking in $75,000 a year. As such, they’re already at $200 a day before taxes. That means any extra money Skyler brings home is gravy.
Top 26 Ways to Make $200 a Day
Here are a variety of things you can do to bring in $200 or more a day. However, remember that not all of these ideas are sustainable careers. To hit your daily revenue target, you may have to combine one or more of these money-making strategies with your current full-time job.
- Invest
- Babysit
- Pet sit
- Be an Airbnb host
- Freelance on Fiverr or Upwork
- Take jobs on TaskRabbit
- Become a social media manager
- Work as a virtual assistant
- Teach English online
- Take online surveys
- Answer questions
- Transcribe audio files
- Test websites
- Sell items on Etsy
- Sell designs on Amazon Merch
- Mystery shop
- Deliver food
- Drive for Uber and Lyft
- Deliver packages for Amazon
- Deliver items for Postmates
- Rent out your car on Turo
- Drive a school bus
- Host tours
- Sell your unwanted items
- Be a substitute teacher
- Be a dating consultant
1. Invest
There’s arguably no better way to make some cash than through investing. By making the right investments with stocks, bonds, and funds, it’s possible to earn serious passive income.
To start investing, choose a brokerage firm like Fidelity or Webull. Decide if you want a taxable brokerage account or a tax-friendly retirement account. Then fund the account, make some investments, sit back, and collect.
Pro tip: Some credit cards offer cashback rewards that can be directly deposited into your brokerage account. If you’re thinking about investing, it may be worth looking into one of these cards.
Learn More: How to Start Investing
2. Babysit
Today, there’s significant demand for responsible people who are great with kids. So, if you have patience and enjoy working with children, you may want to consider babysitting.
In this line of work, you can charge what you want. First, check local childcare rates so you’re not asking too much. Care.com is a leading website for finding childcare costs and landing gigs.
If you’re good at what you do, babysitting is a great way to bring in steady pay. And you can land additional clients through referrals.
As for whether babysitting is hard? That depends mainly on the behavior of the children.
But a good babysitter should make it work regardless of whether or not children are hard to deal with. In fact, if you specialize in working with difficult children, parents may be willing to shell out more money.
Learn More: Care.com Review
3. Pet sit
For an animal lover, nothing is better than opening the sliding glass door, releasing Fido or Spot, throwing a tennis ball into the afternoon air… and getting paid to do it.
Pet sitting may just be the best way to make money, period. All you have to do is show up, walk or play with someone’s animals, and follow the owner’s instructions.
For example, some pet owners may have specific preferences about when their animals eat. Others can be very particular, with interesting or even comical routines — like making sure the television is set to play movies all day.
Need help finding clients to start your pet care business? Open up an account on Rover, an online marketplace for pet care services.
Animals are great. Making money is great. Combine the two, and what better way is there to spend your spare time?
Learn More: Best Petsitting Jobs for 2021
4. Be an Airbnb host
The Airbnb app has completely revolutionized the way that homeowners can make money. Now, homeowners can simply list their house or apartment and connect with short-term renters. As a result, it’s never been easier to become a “hotelier.”
Airbnb lets you select the price of your rental. You can also set ground rules and collect payments directly through the app for an easy, safe, and user-friendly experience.
Learn More: How to Make Money with Airbnb
5. Freelance on Fiverr or Upwork
It’s glorious to daydream about freelancing. After all, you’re your own boss, you set your own schedule, and you make your own rules. Shoes and pants are optional!
But in truth, although you can make real money with a freelance job, it’s not always easy.
One of the hardest parts of freelancing is finding job opportunities. And this is where Fiverr and Upwork enter the equation. Both sites connect talented freelancers with companies for contract work — including freelance writing, copy editing, SEO optimization, and graphic design.
When you work with Fiverr or Upwork, you can find many one-off projects and temporary assignments. Or you can establish a long-term relationship with a new client. If you’re good at what you do and are willing to work hard, you may be able to make a lot of cash this way.
Learn More: Fiverr vs. Upwork
6. Take jobs on TaskRabbit
Not everyone has the ability or patience to do household tasks such as changing light bulbs, cleaning windows, or clearing the gutters.
For help, people often turn to the TaskRabbit app. This is a service that enables community members to connect with handy workers who are looking for work.
TaskRabbit is also safe to use and is completely flexible. You can work for a different customer every day. Customers can also write reviews that can help build trust and increase your chances of making money.
7. Become a social media manager
Try this experiment: Head over to Facebook or Twitter and find some companies in your local area. Then try not to cringe at their awful social media pages.
You can help local businesses do better and make some extra money. If you’re social media savvy, market yourself as a social media manager and create engaging content and strategies to improve audience engagement and drive sales.
Once you establish yourself and build a roster of clients, you can easily earn $200 per day or more doing social media management.
8. Work as a virtual assistant
Today, there’s a growing demand for virtual assistants. These part-time workers specialize in completing administrative tasks like answering phones, sending emails, and assisting with billing and scheduling.
Working as a virtual assistant is a great way to make a few bucks without having to fully commit to working for a company on a nine-to-five basis.
It takes patience, determination, and professionalism to thrive in this role. But if you’re successful, it can often lead to bigger and better positions.
As a bonus, working as a virtual assistant can also be a great resume-builder. And if you’re really good at what you do, you can turn this into a full-time online business.
Learn More: How to Become a Virtual Assistant
9. Teach English online
One of the best ways to make money is to teach English online. In most cases, all you need is a bachelor’s degree and a Test of English as a Foreign Language (TOEFL) certificate.
If you’re interested in teaching English online, head over to a site like VIPKid to get started. This is an excellent way to help people around the world and make money at the same time. You’ll be making a big difference as you rake in profits.
What’s more, teaching online can be flexible and something you do in your free time. And if you find you really enjoy teaching English, this job might even feel like free money.
10. Take online surveys
If you want to make money fast, you may have to get a little bit creative. For example, consider using online survey sites like InboxDollars and Swagbucks.
You’re not going to make $200 a day taking online surveys. But if you believe in the drop-in-the-bucket strategy, then every dollar counts.
Surveys are an excellent thing to do in your free time. You can do it when you’re watching movies or just hanging out at home. You can even take online surveys for money on your lunch break or before work.
Some people like to take online surveys on Saturdays or Sundays. Heck, you can even take online surveys on holidays if you really want to make more cash!
While some survey sites, such as Survey Junkie, will pay you cash, others may compensate you by sending you a gift card to a chosen retailer. Decide which option works best for you before signing up.
11. Answer questions
Are you the type of person who has an answer for everything? If so, this job is for you.
There are many sites online that pay people to answer questions. For example, check out JustAnswer.com.
Some answer sites require you to be highly qualified in your field in order to participate. And many sites are willing to pay more for access to subject matter experts. If that sounds like you, this could be an easy way to make a little extra cash.
12. Transcribe audio files
If you’ve got great listening skills and can type quickly, consider making some extra bucks by transcribing audio files.
You can find these gigs by using the TranscribeMe app. Companies often need transcription services for various reasons, ranging from marketing to customer support and everything in between.
Also, check out Transcribe Anywhere’s courses. They can help you build a confident career in this field.
13. Test websites
Companies worldwide are willing to pay users to test their websites to ensure strong experiences and gather feedback from prospective customers.
Tech-savvy folks should consider using a site like UserTesting to try this line of work. Not only will you get to engage with growing online brands, but you’ll also gain valuable experience in the online marketing industry.
14. Sell items on Etsy
If you’re a creative person, why not find a creative way to make good money?
For example, you may be an expert knitter who can take some yarn and turn it into a blanket. Or you may be really good at making objects out of clay. You may even have the talent to paint beautiful images on canvas.
The list of possibilities is truly endless. And people are willing to pay top dollar for handmade works of art or handicraft.
If this describes what you do, make an account on Etsy and put your items up for sale. Etsy will even let you sell digital products like printables and downloads
Etsy is great because you don’t have to design a website or figure out how to use WordPress. Instead, the site takes care of all that for you. Simply download the platform, make a profile, and list your items for sale.
15. Sell designs on Amazon Merch
Have you ever thought about creating designs for T-shirts or mugs but didn’t want to deal with the hassle of managing merchandise sales?
If this applies to you, look into signing up for Amazon Merch, which removes all of the heavy lifting associated with buying and selling your designs. All you do is create original artwork, upload it, and get paid royalties whenever someone buys an object with your design on it. It’s a great source of passive income.
16. Mystery shop
Retailers need to ensure quality in their stores. And to do this, they often rely on mystery shoppers they hire through companies like Secret Shopper and Field Agent.
Being a mystery shopper requires going into stores and acting as a private investigator. For example, you can get paid to buy products, interact with staff members, and report on cleanliness and organization.
The company may also ask you to fill out surveys or complete specific tasks. It’s a fun way to get paid and help make the shopping experience better for other consumers. Plus, it gets you out of the house and makes sure you don’t spend the whole day online.
That said, mystery shopping isn’t the most lucrative way to make money. When combined with other side hustles, however, it can help make ends meet. And at the very least, you may get some cool stuff out of the bargain!
17. Deliver food
Your community is full of hungry consumers who are too lazy to make dinner — and this is a great opportunity. You can make a decent amount of money driving around, picking up food, and delivering it to people’s doorsteps.
This type of work isn’t challenging. Simply download an app like Grubhub or DoorDash on your Android or iPhone, hop in your car, and start picking up orders. But, of course, how much you make depends on how much you drive.
Just keep in mind that food delivery apps take a percentage of your pay. If you want to make more money directly, consider getting a job with a local restaurant.
Many drivers like to work for both delivery apps and individual restaurants. Just don’t work for a delivery app while you’re on the clock working for a restaurant! That’s a sure way to get fired.
18. Drive for Uber and Lyft
Your vehicle is a money-making machine. So it’s time to put those keys in the ignition, download the Uber or Lyft app, and head out onto the streets.
There are tons of people who need rides. And you can provide this service.
By driving for Uber or Lyft, you can make extra money in a flexible way. You’ll drive people all over town, to airports, grocery stores, the library — the list goes on.
19. Deliver packages for Amazon
The next time you drive down your street, take a look at all those Amazon boxes sitting on everyone’s front steps. They didn’t just fall out of the sky (although Amazon is planning drone delivery services). Many of them got there because people like you delivered them.
Amazon pays drivers through Amazon Flex, an on-demand driving service that lets you use your own car to make deliveries. You can work where and when you want doing this type of work.
20. Deliver items for Postmates
Yet another way to make money by driving around is to deliver items through Postmates. This is an on-demand delivery app that connects workers with local businesses in the area.
Instead of being just a food delivery service like Grubhub, Postmates also delivers items such as office supplies and household products. If this sounds interesting, it’s also worth looking into the Saucey app for alcohol delivery.
21. Rent out your car on Turo
Another awesome way to make money with your car is to list it on Turo, a leading car rental app.
The Turo app is safe to use, and it’s not all that hard to get up and running. All you have to do is download the platform, list your car, and connect with people who need a vehicle in your area.
For example, Mary may be moving out of her apartment and needs a van to transport some items. At the same time, Tony may have to transport some yard equipment and needs a truck for a few hours. You can be a hero for people like Mary and Tony and make a few bucks at the same time.
Turo operates 24/7 as an on-demand app. However, that doesn’t mean your car always has to be available. You can determine when you want to rent out your vehicle when using this app.
22. Drive a school bus
Large school districts are often looking for bus drivers to transport children to and from school. This requires a lot of patience and working early morning hours, but it’s a solid job that pays well.
Bus drivers often get up early, drive a bus until 9 a.m., work another job (or do whatever they want), and then pick up kids when school is over.
To get started, contact your local board of education. You’ll need to pass some background checks before hitting the road. And you may need a special license. But it’s not all that difficult to get a job as a bus driver.
23. Host tours
If you live in a large city or near any tourist attractions, you could potentially make money by hosting local tours.
These may include brewery tours, historical tours, or even nature walks. Learn all about your local area, and list your services on travel sites like Airbnb and Tripadvisor.
Hosting tours can be a lot of fun because it enables you to get creative and do what you love. It’s all about making the experience interactive and enjoyable… and getting paid in the process.
24. Sell your unwanted items
Take a walk through your basement (if it’s not as overcrowded as mine!). Look at all the stuff you’ve accumulated over the years. There are old video game systems, lamps, baseball cards, clothes, lawn chairs, and computers collecting dust and taking up space.
If you’re looking to make money, it may be time to liquidate some — or all — of these items. Consider holding a yard sale, or sell the items online using a site like eBay, Facebook Marketplace, Nextdoor, or Decluttr, and collect payments through PayPal.
25. Be a substitute teacher
If you have the patience of a saint, consider working as a substitute teacher.
Working as a substitute teacher can often lead to steady work, especially when filling in for teachers who are out on sick leave.
Pay and requirements vary depending on where you teach. As for the going rates for subs in your area, check out this recent study.
26. Be a dating consultant
Let’s face it: The pandemic has produced a lot of lonely people. There are millions of folks out there who are single and ready to mingle. But they just can’t seem to craft the right dating profile to attract a mate.
You can help these poor souls by creating profiles and selling them for profit. You don’t have to be certified to do this. Just have good people skills and a love for helping others, and you’ll be all set.
Why You Should Try to Make at Least $200 a Day
There are many reasons why you should try to make at least $200 a day.
Here are a few of them.
Live a more comfortable life
Money may not buy happiness, but it sure helps. Having more money in your bank account can reduce stress, increase your feelings of self-worth, and help you get ahead in life.
The difference in your living quality when you go from a salary of around $50,000 to $70,000 isn’t huge. But it’s noticeable.
When you no longer live paycheck to paycheck, you can buy higher-quality items that will last longer and thus save you money in the long run. You can also splurge and take your family on a vacation they’ll never forget.
Put money aside for retirement
Bringing in money is also a great way to plan for retirement. You’ll have more cash on hand to put into tax-friendly retirement accounts — like 401(k)s and individual retirement accounts (IRAs). This will come in handy when you eventually reach retirement age.
Save for emergencies
Emergencies arise when you least expect them. The more money you have sitting around in savings, the less likely you will spiral into debt due to an unforeseen expense.
For example, if the brakes on your car were to go out, an emergency fund could help you easily cover the repair costs. Otherwise, you’d either have to go without wheels or rack up more credit card debt to have your car fixed.
You can use an emergency fund calculator to find out how much cash you should save.
Frequently Asked Questions
How can I make extra cash fast?
If you want to make extra cash, think like an entrepreneur. Start looking for ways to make money and then form a plan and follow it.
There are two types of people in this world: Those who can make money seemingly out of thin air and people who rely on others for money. Naturally, it’s far better to be in the former crowd!
For further reading, check out the top ways to make money fast.
Is it possible to make $200 in one day?
It certainly is. It’s just a matter of finding the right opportunities. In fact, you may find that you can make much more than $200 in a day. It all depends on what you’re doing and how hard you’re willing to work.
The Bottom Line
If you want to earn extra income and make money online, stop thinking about it and just do it.
Making money is critical for good personal finance, and there are plenty of ways to supplement your full-time income — from hosting a garage sale and teaching English online to working as a freelance writer and proofreading.
In the digital age, there are endless opportunities to work from home.
There’s no getting around the fact that making money is hard work — especially if you’re trying to make more in addition to your salary.
But if you set your mind to it, you can make quick — and good — money working side hustles. There’s nothing wrong with taking a job for fast cash.
Of course, most of us don’t spring out of bed every morning to make money. But if you’re committed to earning extra cash and saving it, you’ll be working steadily toward achieving financial freedom.
The harder you work now, the sooner you’ll begin living a life of abundance. So here’s to making $200 a day — and then working to bring in $300 a day and more. Good luck!
The post How to Make $200 a Day appeared first on Millennial Money.