By learning how to make some extra money, you can not only secure your savings account but also switch jobs. History knows tons of examples when people wondered how to raise an income, and an innocent hobby became a successful business.

You should not consider quick loans like everyone approved loans Canada as the first option for solving money problems and covering your needs because high repayment rates will not make you richer.

Whether you want to settle some long-standing bills or save for a family vacation, don’t deny the possibility of earning extra cash. If you know where to start, let’s do it!

If you don’t know where to start, we’ve prepared a list of extracurricular activities to follow. Just do what inspires you, and we’ll share insights on how to make it profitable!

1. Engage in Merchandise

Make money online by selling your old stuff. Take the clothes you don’t wear; the books you don’t read; look out for the other supplies that might come in handy. Check out your basement: you can find something really valuable down there. Make a list of items on eBay, and promote via Facebook or Kijiji.

If you’re more into creating things, product design may be the better way to go. You can come up with an interesting design for T-shirts or cups, for example. There are even websites ready to pay when somebody buys stuff with your design. 

Start by uploading your artwork to the drop shipping sites (like Zazzle or CafePress): they will take care of customer service, giving you a percentage from the sale.

The other website working with the same principle is Etsy — the hub for all creative goods. Here you can sell everything from knitted sweaters to handmade jewelry. If your items are good and you can provide excellent customer service, you can easily recoup your costs.

2. Offer Private Training Sessions

People pursue the idea of a healthy lifestyle all over the world, and Canada is not an exception. If you have the necessary expertise (including some experience in the area), you can start making money by helping others to achieve their fitness goals. Start looking for the first clients at your local gym.

As an alternative, you can start teaching yoga classes. Many yoga studios look for a substitute instructor, in case somebody can’t make it to class. The sessions are mostly held on weekends, giving you the opportunity to earn from $25 to $40 per class.

3. Get Into a Freelance Business

According to infographics, there are  2.9 million Canadians were self-employed in 2018, up from 1.2 million in 1976. 


 
Are you an exceptional writer? Can you create a good story for a blog or social media? Try your skills in a creative business with flexible hours. With just a little effort, you can make money in your spare time, be your own boss, and set your own price.

To start out, you’ll need to complete a portfolio and impress an editor. No worries, if you have zero experience, and your educational background is different: check out the positions with free training, where an employer is ready to invest in your education.

As the next step, try freelancing websites, like Upwork: choose clients from different industries and complete projects for them. If you earn a great reputation on the platform, you’ll have work coming to you with no effort.

The freelancing job does not end in writing. In case you’re computer savvy, you can become a virtual assistant. It’s a frequent position for small businesses that don’t need a person to sit in the office full-time. You can complete small tasks (such as answering emails or creating graphics), set up your schedule, and price per hour.

If you’re bold enough to create something from scratch, try combining the mentioned jobs into your very own blog. Again, this could take months or even years to do, so you’ll need to be patient as you’re learning the ropes.

There are different ways to earn money through the blog: some writers use it to attract potential clients, while others earn passive income through affiliate marketing. To start a blog, go to one of the specialized websites (Namecheap is one of the best places, offering affordable prices), and get a domain name.

4. Convert Your Residence Into a Short-Term Rental

If you have an extra space or a full house available, sign up for Airbnb and find tenants. You can host tourists coming to your area for vacation; you can offer a place to live for people coming for business purposes. 

The only advice at this point is — to set down the rules from the very beginning; whether you rent a full building, or a room, whether guests are allowed for expansion or not.

As a pleasant addition to renting a home, you can show the tourists your best local spots. Many people will rather choose to walk with a local citizen than wander around with a big group. This feels more intimate and personalized.

The other option relates to home, but you don’t have to give it for rent. Try engaging in a home-moving business: if you have a large vehicle and a bit of muscle, you can help others move to their new apartments. Pack up the items, transport them and even move them to storage units if the client so chooses.

Get Paid Easily

The minimum salary in Canada varies by province, but it starts from $11,41. It means with 8 hours working a day a person can earn $2050. But for a comfortable life, a person in Canada needs more than 2 thousand dollars. So, a lot of Canadians are looking for additional resources of income. 

Of course, not all the ways mentioned are suitable for everyone. There are way more options to do on the side of your day job. For example, you can easily earn a few extra bucks by using cash-back rewards, like Rakuten or Drop. 

This way, you’ll make a passive income without much effort. Drop rewards you with points that you can convert into gift cards, collectibles, crypto, and more.

Before getting started, define your personal schedule (determine if you work evenings, weekends, etc.); take time to consider which job will give you more money in less time. The next step — find out the skill set you have or the experience you need to start working.

Remember, that any job has to deliver you satisfaction and motivation. If you see that you’re exhausted, walking from one job to another, reconsider your financial ambitions and find a schedule that suits you better. 

Become your own boss, and don’t be afraid of taking risks!