25 Ways To Make Money Online, Offline And At Home
The sting of inflation may have you pondering how to make some extra income. If you have the time and energy, you can put your skills and passions to work with a side hustle.
NerdWallet rounded up 25 real ways to make money at home, online or out and about. For each potential side job, we list details like what it takes to get started, age requirements and how fast you can get paid. While most people want to make money fast, don’t discount the “slow” gigs, as they may pay more in the long run.
How to make money online
Making money online is the sweet spot people look for in the gig economy. Whether you aspire to be a six-figure social media influencer, or are just looking to supplement your regular income with some online side jobs, we've found some viable options.
1. Pick up freelance work online
Make money online through websites such as Upwork, Fiverr and Freelancer.Com. These sites offer opportunities to do a variety of freelance jobs, such as writing, programming, design, marketing, data entry and being a virtual assistant. Fluent in a second language? Check sites such as Gengo or Blend Express, or drum up business through a site of your own. No matter what freelancing you do, keep track of the going rate for the kind of work you provide so you know what to charge. Learn how to get started on Upwork.
Total time: It can take a while to get your first gig. Setup: 24 hours. How easy to start: Easy, if you have the expertise. How fast you'll get paid: Varies by site.
Need to know
Upwork will approve your profile within 24 hours. But keep in mind it can take time to land your first freelance gig.
Payment varies by site. On Upwork, you're paid after you and the client review the work, 10 days after the billing period ends. On Fiverr, you're paid when the work order is complete, but you can't withdraw funds for 14 days.
Requirements
Upwork and Fivver require users to be at least 18 to sell work. And Freelancer.Com requires users to be at least 16.
Some sites require you be a U.S. Citizen or permanent resident.
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2. Test websites and apps
Another way to make money from home is on sites like UserTesting.Com. You get paid for your thoughts on how well — or not so well — certain websites and apps work. You’ll have to complete a short test to be accepted, then you’ll be paid depending on the test type.
Total time: Approval time can vary. Setup: Less than an hour. How easy to start: Easy, if you have the tech gear and complete a sample test. Age threshold: 18+. How fast you'll get paid: Seven days.
Need to know
You typically need to complete a sample test as part of the application process.
You will start receiving testing opportunities after your application is approved.
The timeline for approval can vary.
You get paid seven days after completing a website or app test via PayPal.
Requirements
You need to be at least 18.
You need a computer, internet connection and microphone.
Mobile app testers also need an Android or iOS mobile phone or tablet.
Some sites might have language requirements.
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3. Pick up tasks on Amazon's Mechanical Turk
Even in the age of automation, some jobs still require a human touch. Companies often outsource those jobs to a crowdsourcing marketplace like Amazon’s Mechanical Turk. As a “worker,” the tasks you’ll be assigned can be tedious — tagging images, transcribing videos, classifying receipts — and can take anywhere from a few minutes to a few hours. Temporary employers or “requesters” set the price for each task and approve the finished product before paying you. That can leave room for scams, so do your research. Online communities like the Turkkit and Turker Nation subreddits can steer you away from shifty dealers and give a realistic idea of how much money you can expect to make. Read more about Mechanical Turk as a way to make quick money online.
Total time: Up to three business days to find out if you're approved. Setup: Depends on the task you choose. How easy to start: Easy if you have certain skills. Age threshold: 18+. How fast you'll get paid: You get paid following work approval, which can take up to 30 days.
Need to know
After you submit your work, the requester has 30 days to approve it.
You can have your earnings deposited into your bank account or put on an Amazon gift card.
Requirements
You must be at least 18 to register for Mechanical Turk.
You also need an Amazon account to register for Mechanical Turk.
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4. Take surveys for money
You can make money from home by taking online surveys, but don’t expect to earn a lot. Survey sites don’t typically offer a big payoff, and many sites are more useful for earning gift cards than cash. Some of the more popular survey sites include Swagbucks and Survey Junkie. Read our analysis of survey sites to find out which one is best suited for you.
Total time: It will take a while. Setup: Just minutes. How easy to start: Very. Just register and begin. Age threshold: 13 to 18+. How fast you'll get paid: Varies by site.
Need to know
Survey sites could be an option for how to make money online for beginners because you can register with a site and start taking surveys in a matter of minutes.
The time it takes to get paid depends on the survey site and how much time you dedicate to taking surveys.
Some sites let you cash out only after you hit a minimum earnings threshold.
Other survey sites issue points, which can be redeemed for cash (via PayPal) or gift cards.
Requirements
Most survey sites have a minimum age requirement, which ranges from 13 to 18 (depending on the site) making these sites one idea for teens to make money online.
Individual surveys may have specific requirements. Don't be surprised if you are disqualified from a survey without much explanation.
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5. Make money from your blog with affiliate links
If you’re a blogger who gets decent traffic, you could make money by joining an affiliate network. Affiliates (that’s you) get paid when someone clicks through from the website to the partner site and buys something there. Some bloggers make a lot of money this way. Read more about affiliate marketing and other ways bloggers can make money.
Total time: It can take quite a while to build an audience. Setup: With blog templates, building a site is easy. How easy to start: Starting is not that difficult. Creating regular content may be another matter. Age threshold: Any. How fast you'll get paid: A month or two, on average.
Need to know
First, you need a blog, social media account or other online presence that draws a healthy number of visitors each month.
Then, you need to apply for and be approved by an affiliate marketing network like CJ Affiliate, ShareASale, FlexOffers, Rakuten Advertising or Amazon Associates.
Payment schedules and thresholds vary by affiliate network, but expect to wait at least a month or two for your first paycheck.
Amazon Associates pays out earnings 60 days after the end of the calendar month in which they were earned.
ShareASale disburses earnings monthly.
Requirements
A blog, social media account or other online presence that attracts a steady stream of visitors.
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6. Sell your wares on Etsy
Have a penchant for woodworking, jewelry-making, embroidery or pottery? Sell your crafts on Etsy, the go-to site for artisans selling home goods, art and knickknacks. According to Etsy, the company has 95 million active buyers, and grossed over $13 billion in merchandise sales in 2022. Learn more about how to make money on Etsy.
Total time: It might take quite a while for customers to find you. Setup: Can be quite involved. How easy to start: Leaning toward "hard" on the difficulty meter. Age threshold: 13+. How fast you'll get paid: From the next day to seven days after a sale.
Need to know
Opening an Etsy shop is the easy part. It can be done in a few hours.
The prep work before you open up shop is more time-consuming. You need merchandise to sell, photos and descriptions to post, a name for your shop and a business plan to help you succeed. Once that’s done, you’ll still need to find customers. Depending on what you’re selling, that could take weeks, which is why you should expect the overall time for this gig to be slow.
Once you sell an item, payment is deposited into your Etsy Payments account first, then to your bank account depending on your desired deposit schedule.
Requirements
If you’re over 13 years old but under 18, you can sell on Etsy but would be considered a minor and must follow extra policies.
You need to have all necessary rights to the merchandise sold in your shop.
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7. Self-publish an e-book
Writing a good book is tough, but the internet makes it easy to bring it to market. If you’re a writer who can churn out pages, you can use Amazon’s Kindle Direct Publishing to sell your books(s) on the Kindle store. It’s free to publish a book, and you can earn up to 70% of each sale in royalties. Write your book, enter a clear description and the details to be displayed and upload your manuscript. Set the price and see if it sells.
Total time: How fast can you type? We don’t have to tell you writing a book can be a slog. Setup: Quick and easy on KDP once the book is ready. How easy to start: Just start writing. Age threshold: 18+. How fast you’ll get paid: Monthly, after you meet the $100 threshold.
Need to know
Just because it’s simple to self-publish doesn’t mean your book will sell. Competition is high with millions of e-book titles on the Kindle Store.
Choose one of two royalty options: 70% or 35%. You’ll have to price your book between $2.99 and $9.99 if you select the 70% option. You can go higher when you pick 35%.
Requirements
You need to create a Kindle Direct Publishing account to get started.
Proper formatting is important. Amazon says most Microsoft Word documents convert to e-books easily, but other formats are supported.
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8. Get advertising revenue from your blog or YouTube channel
Turn your cat videos into cash videos. If your YouTube videos or blog posts draw a big audience, you may be able to make money from advertising. YouTube sets 1,000 subscribers as the benchmark for applying for the YouTube Partner Program. YouTube Partners then get access to monetizing features, including a share of ad revenue. You can also use Google’s AdSense, the same ad platform on YouTube, to put relevant ads on your blog or website for earning potential. Read more about how to make money on YouTube and Google AdSense.
Total time: It can take several weeks to get up and running. Setup: Not that hard. How easy to start: Depends on how good you are at producing interesting videos. Age threshold: 18+. How fast you'll get paid: Could take a long while to earn the first payout; then monthly.
Need to know
Signing up for Google AdSense is pretty easy, but to use AdSense with YouTube, you’ll need to be part of the Partner Program.
You can use AdSense on a website or blog with fewer eligibility requirements.
Allow at least two months for ad revenue to start trickling in.
You need to earn at least $100 before you're eligible for a payout.
Once you hit the $100 threshold, earnings are issued between the 21st and 26th of the month.
Requirements
Your own website that has been active for at least six months.
For YouTube, you need more than 1,000 subscribers.
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Are you in Canada?
Check out NerdWallet's guide to making money online for Canadians.
9. Become an Instagram influencer
Companies are using Instagram influencers — people with large, dedicated followings on the platform — to rep their products. You can get in on the action by applying for opportunities via a marketing platform like Open Influence or Aspire, or by contacting the brands you want to work with. Read more about how to make money on Instagram. (You can also make money on TikTok this way.)
Total time: You'll need to stick with it. Setup: Quick and easy. How easy to start: Not that easy. Read: Must build following to gain influence. Age threshold: 13+. How fast you'll get paid: Varies on partnerships.
Need to know
Creating an Instagram account is quick, but building a following can take months or even years.
Once you have the numbers, you'll need to find paid opportunities. You can do this via affiliate networks or by pitching brands you want to work with.
The time to receive your payment will depend on the terms of your agreement, but affiliate networks typically pay out earnings the month after a campaign is completed.
Requirements
An Instagram account with a dedicated, engaged following.
You'll also need to meet the requirements of any affiliate network.
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10. Monetize your Twitch channel
Gaming could be a way to make money from home if you have a steady following on Twitch, the go-to site for gamers. Streamers can receive donations from viewers and even get a share of subscription and ad revenue if they reach Affiliate or Partner status. Learn more about how to make money on Twitch.
Total time: This can be a long game. Setup: Quick and easy. How easy to start: Easy to start; takes a while to build a following. Age threshold: 13+. How fast you'll get paid: Monthly.
Need to know
You can launch a Twitch channel and start streaming in a day, but it will take weeks or even months to build a following.
You may be able to withdraw donation revenue rather quickly, depending on the payout method.
Subscription and ad revenue earned as a Twitch Partner or Affiliate is paid out around the 15th of every month, and you must have a balance of at least $50 for most payout methods (it's $100 for wire transfers).
Requirements
You need to hit certain viewership and broadcast milestones to become a Twitch Affiliate or Partner and qualify for a share of game sales, ads and subscription revenue.
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11. Sell your photography
Turn your photographs into cash via sites like Fine Art America, which lets you upload your images to sell as prints, T-shirts, phone cases and more. Other marketplaces for photographers include SmugMug, 500px and PhotoShelter. Some sites require a subscription but may provide features ranging from cloud storage to password-protected galleries and a customized website.
Total time: Buyers need to find you — and like your work. Setup: Just a few hours. How easy to start: If you have a library of photos, you're on the way. Age threshold: Any. How fast you'll get paid: Depends on your sales platform.
Need to know
You can set up a profile with sites like SmugMug, PhotoShelter or Fine Art America in a few hours, assuming you have a body of original work.
Payment varies widely depending on the site.
Fine Art America: Payment issued after 30-day return window expires. Sent on the 15th of each month.
PhotoShelter: Payment issued at time of sale to your chosen payment method (PayPal, Stripe, etc.).
SmugMug: You can request payment be issued the following month if you have a balance of at least $5.
Requirements
Requirements vary by site, but you need to have all necessary rights to the images you sell.
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How to make money from home
Some side hustles don't even require you to leave the house. Or if they do, it might just be a short walk around the block with a furry friend. Working from home requires a little creativity and a stick-to-it spirit. Here are some excellent ideas for side gigs from home:
12. Become a dog walker with Rover or Wag
Love dogs? Make money by becoming a dog walker. Apps like Wag and Rover offer on-demand dog walking, so you can pick up walks when your schedule allows. If you have space (and your landlord’s permission, if you rent), you could offer overnight dog boarding. Read the fine print if you sign up for these services
Total time: Building a client base may take some time. Setup: Can take a few weeks to be approved. How easy to start: Love pets? You're good to go. Age threshold: 18+. How fast you'll get paid: Two days to a week.
Need to know
It takes about 10 to 20 business days for your Rover profile to be reviewed and approved.
The application process for Wag takes about two weeks and you must pass a background check and pet care quiz.
Requirements
For Rover or Wag, you’ll need to live in an area where the service operates.
If you want to pet-sit, you’ll need an apartment or house that allows pets.
You’ll have to pass a background check.
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13. Sell unused gift cards
Make extra money by selling unused or partially used gift cards on a site like CardCash or GiftCash. These websites say they will pay you up to 92% of the card’s value. On CardCash, you can also trade in your card for one you’ll use. Read more about what to do with unwanted gift cards.
Total time: In minutes if your gift card is for a popular store. Setup: Easy. How easy to start: The more gift cards you have to sell, the better. Age threshold: Old enough to have a credit card. How fast you'll get paid: At least 1-2 days.
Need to know
You can get an instant offer or quote via sites like CardCash and GiftCash.
You can sell gift cards at kiosks and participating retail locations to get cash the same day, or try to sell it online. The latter takes longer, but you may get a better offer for your gift card.
Requirements
Your gift card may need to meet a minimum balance to be resold. Not all cards will generate offers.
Gift cards with expiration dates aren't eligible.
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14. List your spare bedroom on Airbnb
Renting out your home or spare bedroom on vacation rental sites is another way to make extra money. Be prepared to spend some money to clean and keep up the property, replace home goods and pay toward service fees. And scrutinize your rental agreement before you get started.
Total time: Demand drives success, and that depends on your location. Setup: A listing can be created and live in hours. How easy to start: If you have a place to rent, it's a simple process. Age threshold: 18+. How fast you'll get paid: About one day.
Need to know
You can create a listing and start accepting reservations in the same day.
Payment is typically disbursed about 24 hours after your guest’s scheduled check-in time, but processing time for that payment depends on the payout method.
Requirements
Comply with any rules governing short-term or vacation rentals in your property, including city ordinances and rules issued by your landlord, condo board or homeowners association.
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How to make money offline
There's online and at-home ways to make extra money — and then there's a third alternative: offline. This version of the gig economy may require more work, but the upside can be substantial. Since there’s no escaping the internet these days, some of these offline methods do have online components:
15. Sell your gently used clothes
Selling clothes you no longer wear is a quick way to make some money. Start with local consignment shops to make money quicker or use sites like ThredUp and Poshmark to find buyers. If you go the online route, be sure to take clear, well-lit photos of your pieces and research similar items to set competitive prices. Get tips on how to sell your clothing.
Total time: Varies by sales channel. Setup: Easy and fast. You can simply go to a consignment shop or fill a box with clothes and send it in. How easy to start: Easy. Cleaning out the closet may be the hardest part. Age threshold: Any. How fast you'll get paid: Varies by sales channel.
Need to know
You can sell used clothing and accessories several ways, but they're all pretty quick to start.
Fast: A brick-and-mortar consignment store like Plato's Closet will give you cash on the spot.
Medium: Other in-person and online consignment shops pay you when your items sell, or when they receive and inspect your items. Either way, allow at least a month for your payout.
Requirements
Gently worn shoes, clothing and accessories.
Items will go through various inspections before being accepted. For example, ThredUp checks items for pilling, fading, shrinkage, missing parts (like buttons) and stains.
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16. Trade in old phones, electronics for cash
Have an old phone, iPad, laptop or gaming system lying around? Sell it on a site like Swappa or Gazelle. Check out Amazon’s trade-in program, which pays participants in Amazon gift cards — and eBay, too. If you’re in a rush, try an ecoATM kiosk, which offers cash on the spot for your device.
Total time: Lots of options, so your time spent will vary. Setup: A breeze. How easy to start: Easy, especially if your phone is in good shape. Age threshold: Any. How fast you'll get paid: Varies by where you sell.
Need to know
Selling directly (Swappa, OfferUp, Facebook Marketplace): In most cases, you take photos of the phone, verify the electronic serial number is clean and post your listing. Some sites review and approve postings, but the time is minimal. Fees vary. Swappa, for example, charges a 3% seller fee.
Selling to reseller (Gazelle): Answer a few questions online for an instant quote. Then send in your device and get paid once the company confirms its condition is as described.
Selling directly: When you get paid depends on how quickly your phone or device sells. Once the item sells, payment is fast.
Requirements
A used phone, laptop, gaming system, etc.
Cell phones: You need to verify the phone is not stolen or under a repayment plan.
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17. Get a babysitting gig
Everyone from college students to recent retirees can make money by watching other people’s children. Word-of-mouth referrals from friends and family are still a great way to get started, but you can also create a profile for free on Care.Com or Sittercity to expand your reach. Note any specialized skills, such as CPR certifications, to make yourself more marketable.
Total time: Online setup takes minutes; neighborhood referrals may take a while. Setup: Just minutes. How easy to start: Getting the word out is the main thing. Age threshold: Very young if you're using referrals. 18+ online. How fast you'll get paid: When the parents come home.
Need to know
You can create a profile on Care.Com or Sittercity in a matter of minutes.
You typically get paid when you complete your gig.
Requirements
You usually need to be at least 18 to list as a caregiver on Care.Com and Sittercity.
Must complete a background check.
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18. Rent out your car
City-dwellers often don’t use their cars for days or weeks at a time. That idle time can translate to extra money with services like Getaround and Turo, which let you rent out your car by the hour or day. You take home the majority of those earnings, while Getaround or Turo takes a cut for protecting your car while it’s being rented.
Total time: Demand for your car will depend on the local market. Setup: It takes about a half hour to set up an account. How easy to start: With an appropriate vehicle, it's easy. Age threshold: A valid driver's license and 21+. How fast you'll get paid: Varies by site.
Need to know
You can create a listing on Turo or Getaround in under 30 minutes.
Turo initiates payment within three hours of the end of the rental, but you can expect it to take a few days for your bank to process the deposit. (This is the case for all trips after the first one, which takes a few days for Turo to send.)
Getaround rental earnings accrue monthly and are paid out on the 15th of the following month. Payments are made via check or PayPal.
Requirements
You must own your car. Or, if you lease your car, check the terms of your agreement and financing documents to make sure you’re allowed to share it.
Your car must meet certain requirements (make/model/year/mileage) and satisfy maintenance and safety standards.
You should have a current, valid driver's license.
You must meet the site’s age requirement, which is commonly 21 years old.
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19. Sign up for TaskRabbit
If you actually enjoy putting together Ikea furniture or standing in long lines, you may be cut out for doing tasks for others. Websites like TaskRabbit can connect you with people who need help with a variety of things, such as moving, cleaning, delivery and handyman services. The site also offers several virtual and online tasks, such as helping with a research project or data entry. Read about how to get started on TaskRabbit.
Total time: Local demand for your skills will determine the time you spend. Setup: A couple of hours, then some time for approval. How easy to start: Easy, though you'll need to do some research. Age threshold: 18+. How fast you'll get paid: A few days after a job.
Need to know
You can set up your profile and register in a matter of hours, but can't start accepting tasks until your profile is approved by TaskRabbit.
Once approved, you need to pay a $25 fee, so you may first want to research your market and the value of your skills to determine if that fee is worth it to you.
You're paid after the task is completed through direct deposit. Payment typically takes a few days to appear in your account.
Requirements
You need to be at least 18 to start working with TaskRabbit.
Prospective Taskers must also pass a background check.
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20. Become a private tutor
Parlay your math, science, foreign-language or test-prep expertise into a lucrative side gig by becoming a private tutor. You can tutor people online or in-person. What you charge can depend on your experience, expertise and what’s in demand. To get started, see what types of tutors are needed on Craigslist or create a profile on sites like Tutor.Com or Care.Com. You can also advertise your services at local schools and community centers.
Total time: Varies by subject matter. Some companies might require a minimum availability per week (e.G., Tutor.Com requires 5 hours). Setup: Can be a bit involved. How easy to start: Students will have to find you, and that might take a while. Age threshold: Any. How fast you'll get paid: Usually pretty fast; often right away.
Need to know
Startup time depends on demand in your area. It could take a while before you get your first student.
If you haven't tutored before, you'll want to allow for time to prep so students feel like they're getting the most out of their time with you.
How quickly you get paid depends on whether you tutor via a platform or in-person; either way, it likely won't take long.
Requirements
You'll need deep knowledge in an area that people need help understanding, like mathematics, a foreign language or test prep.
Educational requirements might apply. Some tutors might be required to be currently enrolled in a 4-year university or have at least a bachelor's degree from an accredited 4-year university.
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21. Drive for Uber, Lyft
Join Uber or Lyft (or both) and make money by driving passengers around. Just don’t forget to factor in gas and maintenance costs. You need an eligible car in good condition and must agree to a background check and a review of your driving history. Learn how to become an Uber driver or how to earn with Lyft.
Total time: Depends on your market demand. Setup: A few weeks. How easy to start: Not difficult, but you'll need the right type of vehicle. Age threshold: Licensed to drive in your locality with one year of licensed driving experience (or three years if you're under age 25). How fast you'll get paid: Very fast. Either instantly or within days.
Need to know
Allow some time for the application process, background check and car inspection.
Lyft and Uber can pay you instantly through a debit card or transfer earnings to your bank account pretty quickly.
Requirements
A car with four doors. It must also meet other requirements, such as year, physical condition, etc.
Let your car insurance company know of your plans before you start driving.
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22. Make deliveries for Amazon, Uber Eats
Take advantage of the growing delivery trend and sign up for a service like Instacart, Uber Eats, Postmates, DoorDash or Amazon Flex. You get paid per delivery, in most cases, and can even earn tips. A car isn’t always required — Postmates and, in some cities, DoorDash, lets you use a bike or scooter to make deliveries. However, a background check is almost always part of the deal. Learn more about how to get started with Amazon Flex, Uber Eats and Instacart.
Total time: Depends on your market demand. Setup: About a week. How easy to start: Easy, if you have dependable transportation. Age threshold: 21+. How fast you'll get paid: Varies by vendor.
Need to know
The background check can take a few days, and timing can vary.
Payments from these services also vary, but are generally issued weekly or quicker.
Requirements
You'll need a way to deliver items. It could be a car, scooter or bike, depending on the service.
A smartphone is necessary to accept and process jobs.
Each delivery service has a minimum age requirement, but it varies by service.
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23. Find work as a housesitter
If you’re willing to watch someone’s home — and maybe feed the pets, water the plants and take out the garbage — become a housesitter. Tap your personal network for referrals or try out HouseSitter.Com, which connects homeowners with housesitters. People often make $25 to $45 a day, according to the company’s website.
Total time: Depends on your market demand. Setup: Minutes — or more if you try to drum up business by referrals. How easy to start: That can depend on the need in your area. Age threshold: Varies by site. How fast you'll get paid: At the end of a gig.
Need to know
You can create a profile on HouseSitter.Com in a matter of minutes, though it may take time to secure your first housesitting gig.
You typically get paid by the homeowner when you complete your gig.
Requirements
Most sites have an age requirement.
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24. Sign up to be a mystery shopper
Businesses often want to know how they’re performing from a customer’s perspective. Sign up to be their eyes and ears. You can apply online via sites like IntelliShop, BestMark and Sinclair Customer Metrics. Just beware of scams and do thorough research before signing on.
Total time: Varies by site. Setup: Applying takes little time, but approval can take a while. How easy to start: Relatively easy if you have required transportation and tech. Age threshold: May vary by site, but typically 18+. How fast you'll get paid: Varies by company.
Need to know
The application process is typically quick, but then it's in the company's hands. It can take days, or more, to assess your application, depending on demand.
Payout timing varies by company. BestMark, for example, issues payments monthly.
Requirements
Most mystery shopping services have an age requirement. You have to be at least 18 to shop for BestMark.
Depending on the service, you may need reliable transportation and internet access.
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25. Put your drone to work
The market for drones is expanding. Companies hire out work like aerial inspection, photography and land mapping. So if you’re already a drone enthusiast, why not make extra money with your aircraft? You need to pass a test to become a drone pilot and register your drone with the Federal Aviation Administration. Then, you can apply for flying gigs. Learn how to make money with drones.
Total time: Depends on demand. Setup: You'll need to make time to pass a test. And then find clients. How easy to start: If you already have a drone, you're likely qualified. Age threshold: 16+. How fast you'll get paid: Varies by company.
Need to know
Give yourself more than a month to study, schedule and pass a written test.
You also need to find clients.
Payment will depend on your client.
Requirements
To do this legitimately, you’ll need a certificate that involves passing an aeronautical knowledge test.
A background check is also needed.
Watch out for making money scams
The internet is full of opportunities to make money online or from home, but many are questionable, if not outright scams. Be wary of any “opportunity” that asks for an upfront fee, wants you to pay for certification, or requests your Social Security number or any financial information, such as your credit card number.
Still unsure if an opportunity is legit? Look for community forums, like those on Reddit, for unfiltered reviews and complaints. Also, check if the company has a Better Business Bureau profile. The BBB assigns ratings based on reported complaints, business transparency and other factors.
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Best Money Market Accounts And Rates Of April 2023
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A money market account (MMA) is an FDIC-insured bank account that pays the high rates of a savings account, with the accessibility of a checking account.
The best high-yield money market accounts offer check-writing capabilities, a debit card, or both -- and have low or no minimum balance requirements. Explore our picks for the best money market accounts below.
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APY
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Pros/Cons
Bottom Line
Discover's money market account stands out for the same reason as many of its other banking products. It offers low fees and a competitive tiered APY system that pays you more for higher balances. Plus, it provides easy access to your money, including a debit card, mobile banking tools, and check-writing capabilities. Discover Money Market Account customers also get access to over 60,000 fee-free ATMs nationwide.
Pros/Cons
Bottom Line
The CIT Bank Money Market account offers one of best rates, plus a low minimum opening balance requirement of $100. It doesn't offer check-writing capabilities or a debit card like some of its competitors, but it does let you deposit checks and transfer funds using the bank's mobile app. If you're looking for a money market account that's low on fees and offers a higher rate than most high-yield savings accounts, the CIT Bank Money Market account could be a good fit for you.
Ally Money Market Account
Pros/Cons
Bottom Line
Ally's banking approach carries over to its money market account with a high APY and a focus on cutting routine account fees to $0, including monthly maintenance. What's more, there are no minimum balance requirements.
UFB Preferred Money Market Account
Monthly Fee
$0 with $5,000 balance or more; otherwise, $10 per month
APY
5.02% Rate info Circle with letter I in it. To ensure you keep getting the highest rate at UFB, you'll need to keep an eye on their rates. Occasionally, the bank launches new accounts with higher rates. Existing accounts need to contact the bank to request being moved to one of these new accounts.
Pros/Cons
Bottom Line
You're getting a competitive APY for your money, but it takes a good chunk of that money to open an account and waive the monthly fee. If you have at least $5,000 and want a decent return, however, this account could be a good deal.
Pros/Cons
Bottom Line
The Sallie Mae Money Market Account offers a pretty high APY, especially considering that it has no monthly fees or minimum balance requirements. It doesn't offer debit cards or ATM access at the moment, but you can manage your funds via electronic transfer or withdraw them directly from the account by writing a check.
TIAA Bank Yield Pledge Money Market Account
APY
Up to 4.25% Rate info Circle with letter I in it. 4.25% is one-year promotional rate. After it expires, the following rates and deposit tiers apply: 3.70% for $100,000 and up; 3.30% for $50,000 - $99,999.99; 2.90% for $25,000 - $49,999.99; 2.55% for $10,000 - $24,999.99; and 1.75% for balances under $10,000.
Pros/Cons
Bottom Line
The TIAA Bank Yield Pledge® Money Market Account offers a competitive APY for all balances. Like all TIAA Bank's Yield Pledge® products, its money market account is guaranteed to offer rates in the top 5% of competitive accounts, so you always know you're getting a good deal.
Pros/Cons
Bottom Line
Simplicity is the name of the game with Synchrony Money Market. There's no minimum balance to earn the APY, account holders have checking and ATM capabilities, and the lack of nuisance fees means more money in your pocket.
Money market or high-yield savings?
Money market accounts and high-yield savings accounts can often blur together. For good reason: they're very similar. In a nutshell, money market accounts tend to give you a bit more flexibility with your money. Meanwhile, high-yield savings accounts generally pay higher rates, carry fewer fees, and have either no minimum balance or lower minimum balances. If you're checking out money market accounts, it's well worth comparing what you can get from high-yield savings.
Below are a couple of our favorite savings accounts, or you can see our full list of top high-yield savings accounts.
How to choose the best money market account
If you're interested in opening a money market account, you'll want to be sure to choose the right one. Here's what you should look for:
Who should open a money market account?
It could be a good idea to open a money market account if you:
The best money market rates allow you to earn money on your money. They also sidestep the biggest problem of a savings account: With a savings account, you cannot usually withdraw funds directly. Instead, you have to transfer funds to a checking account first. Money market accounts, on the other hand, let you take out cash directly. Money market accounts also generally offer a debit card or checks (and some accounts offer both).
They're not a great replacement for a checking account, unless you rarely withdraw funds. But a money market account could replace your savings account if you wanted it to. Both money market accounts and savings accounts are subject to Regulation D, which limits you to six withdrawals per month and charges you extra for exceeding these limits. In response to the pandemic, the government waived this rule in 2020, but individual banks still restrict the number of monthly transactions you can make.
Alternatives to money market accounts
If you don't think a money market account is a good fit for you, here are some other options worth considering.
Savings account
A savings account is another type of deposit account that offers a similar APY to a money market account but has more restrictions on accessing funds. You're limited to six savings account withdrawals per month if you'd like to avoid fees, and most savings accounts lack check-writing capabilities or debit cards. But savings accounts tend to have lower minimum balance requirements than money market accounts, and some may not have minimum balance requirements at all.
To learn more: Check out our picks for the best savings accounts.
CD
A CD is another type of deposit account (CD stands for "certificate of deposit"). These can have APYs comparable to or even higher than money market account rates. In exchange for these higher rates, you have to pay a penalty if you withdraw your funds before the full length of the CD term. CD terms can range from a month to 10 years, with most falling in the six-month to five-year range. They can be a great place for savings you don't intend to use anytime soon, but you have to consider what interest rates are doing. CD rates are typically locked in for the full term length, which is great when rates are dropping but bad when they are climbing.
You can check out our top picks for the best CD rates below:
What is a money market account?
A money market account is a deposit account that shares some checking and savings accounts features. Most banks offer this account type. Money market interest rates are comparable to those found with savings accounts.
Unlike most savings accounts, money market accounts often come with checks and debit cards for direct fund withdrawal.
Money market terms to know
Here are some common terms used when discussing money market accounts and rates:
Whether you just want an account to stash your nest egg or you're searching for the best jumbo money market rates, these three terms are important to know.
Looking for the best place to park your cash?
Our expert reviews can help you find the right banking product for your needs. Check out our bank account reviews to learn more.
To recap, the best money market accounts & MMA rates 3.50% (balances under $100k), 3.55% (balances $100k+) $0
Monthly Fee: $0
Min. Balance: $0
1.55% —
Monthly Fee: $0
Min. Balance: $100
4.00% $1
Monthly Fee: $0
Min. Balance: $0
UFB Preferred Money Market Account
Member FDIC. 5.02% Rate info Circle with letter I in it. To ensure you keep getting the highest rate at UFB, you'll need to keep an eye on their rates. Occasionally, the bank launches new accounts with higher rates. Existing accounts need to contact the bank to request being moved to one of these new accounts. $0
Monthly Fee: $0 with $5,000 balance or more; otherwise, $10 per month
Min. Balance: $5,000
4.05% $0
Monthly Fee: $0
Min. Balance: $0
Up to 4.25% Rate info Circle with letter I in it. 4.25% is one-year promotional rate. After it expires, the following rates and deposit tiers apply: 3.70% for $100,000 and up; 3.30% for $50,000 - $99,999.99; 2.90% for $25,000 - $49,999.99; 2.55% for $10,000 - $24,999.99; and 1.75% for balances under $10,000. $0
Monthly Fee: $0
Min. Balance: $500
Synchrony Money Market
Member FDIC. 2.25% $0
Monthly Fee: $0
Min. Balance: $0
FAQs
Money market accounts are a type of deposit account that offers the high APY of a savings account with the easy accessibility of a checking account.
The best money market accounts have high APYs and give you multiple ways to access your funds when you need them. They're also FDIC insured and have affordable minimum balance requirements.
A good interest rate for a money market account is 1.00% APY or higher, though this can fluctuate over time.
In most cases, you can't lose money with a money market account. Money market accounts are treated like regular savings accounts at both banks and credit unions. And like a savings account, a money market account is often insured by the Federal Deposit Insurance Corporation (FDIC) when it's in a bank, and insured by the National Credit Union Administration (NCUA) when it's in a credit union. These cover up to $250,000 per person per bank in case of bank failure.
Depending on the financial institution, a money market account may come with both a debit card and check-writing privileges. If that's important to you, make sure the bank or credit union you're working with grants those privileges.
The interest rates on money market accounts are variable. The rate of interest rises and falls over time.
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