Learning how to make $50 a day can significantly improve your finances. You can use that extra cash to pay down debt. Alternatively, you can put it into savings. There are many different ways to earn this extra cash through hustling, passive income, and making money online. Here’s a roundup of suggestions to get you started.
Make $50 a Day with Items You Have
There are things that you already own that can help you easily begin to earn extra money. Let’s start there:
Rent Out a Room with AirBnB
If you have a spare room in your home that you can rent out then this is one of the quickest ways to make $50 a day. After all, that’s as cheap or cheaper than most hotel rooms. Therefore, people are often willing to pay that rate. Of course, you should take into consideration that you’ll spend a little more doing extra laundry and cleaning, but overall this is one of the most consistent ways to earn that extra cash.
Rent Out Your Car
If you aren’t using your car every day then why just have it sit there? Instead, figure out how to make $50 a day by renting it out to others who need to use it temporarily. There are sites such as Getaround that make it easy for you to navigate setting this up.
Rent Out Garage / Storage Space
If you have extra space for storage then you can rent that out to someone who needs it. Of course, whether or not you can make $50 per day doing this really depends on your area. Right now in San Francisco there’s a huge exodus of people leaving the city, at least temporarily, due to COVID-19. As a result, storage rental prices have drastically risen. People need that storage space so they’re willing to pay high prices.
That said, you can also get creative to make more money from your garage. For example, could you rent it out a few nights a week to different bands that need rehearsal space? What about renting it to an artist who needs a studio? Or, during these times when people are working from home, you might even be able to rent it out as a “man cave” / “she shed” to people who are happy to pay $50 per day to escape from home for a little while.
Rent Out a Parking Space
Do you have a parking space in your building that you don’t use? Or do you own a home with its own garage? If so, and if you live in an area where parking is at a premium, then you might be able to rent out your parking spot. Here in San Francisco, it’s not impossible for people to make $50 a day renting out their parking spot to travelers who are staying in certain neighborhoods.
Sell Your Stuff
Declutter your home and sell everything that you don’t need. Become an eBay seller. Try Poshmark. Sell your books online. Sell your old computers, phones, and gadgets. Although this isn’t sustainable forever, since of course your amount of stuff is finite, it’s a great way to make $50 / day for a short period of time to boost your savings or pay down debt. And, if you discover that you really like selling stuff, you might be able to parlay it into a side job doing the same work for other people at a commission.
How to Make $50 a Day Online
It’s nice to be able to make use of your possessions to earn extra money. However, honestly, when most people think about how to make $50 a day, they’re thinking about what they can do online in their spare time to earn that extra cash. There are many great options:
Freelance Writing / Design
Notably, this isa real full-time professional job so it’s not easy to break into if you’re new. That said, if you already have skills that translate well then you can begin finding work fairly quickly. For example, if you have already done content writing within the context of your work history, then you can brush up your resume to reflect that and start looking for freelance writing jobs. If you have a graphic design background, there’s work for you as well.
Anyone who has basic administrative experience can parlay that a job working as a virtual personal assistance for someone who needs help across all kinds of different fields. And even without that kind of experience, there might be jobs out there for you. If, in your spare time, you’re happy to help someone schedule their appointments, book travel plans, and organize their calendar then you might do well in this kind of work.
Rideshare / Delivery Driver
Of course, this is a hybrid offline/online job as it requires that you leave the home but also that you’re connected to the Internet constantly. In any case, this kind of app-based gig work using your car is one of the most popular ways that people turn to today when looking for how to make $50 a day.
In the same vein, you can sign up with a site like Instacart to do shopping for others.
Get Paid to Take Surveys
The truth is that you will have to spend quite a few hours of the day doing this if you want to make $50. That said, it’s not impossible. And it will put some extra cash in your pocket. Learn more about getting paid for your opinion here.
Offline Ways to Make $50 a Day
If you’re already online regularly for your day job then you might want to know how to make $50 a day offline. After all, you can only stare at a screen for so many hours of the day. Luckily, there are a lot of fun gigs that will allow you to earn some extra cash:
Dog Walking / Pet Sitting
If you’re an animal lover then this can be one of the most pleasurable ways to make that extra cash. Whether you join a service like Rover, set up an account on a site like Care.com, or simply head to the dog park and use word of mouth, you should quickly find it easy to get gigs. You can walk one or more dogs at a time. You can petsit in your home or in someone else’s.
This is often a spinoff of petsitting because so many of the people who want you to stay in their home expect you to care for their pets. However, that’s not always the case. Even if you don’t want to watch pets, you might be able to get some good house sitting gigs. Some people just want a person who will water the plants, collect the mail, and accept deliveries while they are away.
Babysitting/ Childcare / Mother’s Helper
If you prefer children to pets then perhaps you’ll want to get a gig taking care of them. This can be a delightful way to spend a few hours, easily earning $50 or more per day.
During the pandemic, children have started doing a lot of their learning at home. Parents don’t always have the time, skills, energy, or willingness to devote to educating their children. Therefore, there’s a growing interest in home-based tutors. (Of course, this can also be an online job or a hybrid of the two.)
Decluttering / Organizing
Do you excel at and enjoy organizing closets, files, and other areas that many people keep cluttered? If so, people need your skills. Start by offering to declutter for friends for a small fee and take it from there.
Tailoring / Upholstery / Domestic Skills
Do you know how to sew? What about reupholstering old furniture to make it look new? If you have domestic skills like these then you can market those. This is a great way to start making extra cash, perhaps doing something that you really enjoy.
Mow lawns. Rake leaves. If you can do a bit of gardening and landscaping then you can earn even more money on the side.
Almost Any Part-Time Job
Remember when you were a teenager and you were willing to accept almost any job just to start earning some money? If you’re looking for how to make $50 a day then go back to that mentality. Get a job at a coffee shop, a fast food restaurant, cleaning offices. Work the minimum number of hours required to earn that small amount of money. Since it’s your second job and not your career, you might even find that it’s kind of relaxing this time around.
More Ways to Make That Extra Cash
If you’re still asking how to make $50 a day in other ways, here are some miscellaneous extra ideas:
Create a course and sell it through a channel such as Udemy.
Write and sell one or more ebooks.
Make and sell your own food.
Make and sell your own jewelry, stationery, art, etc. using a site like Etsy.
Start a blog / YouTube channel and make ad income.
Take the time to get good at investing your money and earning that passive income.
Taking the long view, purchase a second home as a real estate investment.
Advertise on your car.
Become a paid friend to a tourist, elderly person, or other in need.
What is your favorite way to drum up $50 a day quickly?
If you enjoy reading our blog posts and would like to try your hand at blogging, we have good news for you; you can do exactly that on Saving Advice. Just click here to get started. If you want to be able to customize your blog on your own domain and need hosting service, we recommend trying BlueHost. They offer powerful hosting services for $3.95/month!