Sometimes, your primary income just doesnt cut it.
Maybe your rent went up or youre trying to save for an expensive vacation.
Whatever the reason, you may be relying on a secondary income.
If youre currently or considering taking on a second job orside hustle, youre in good company.
Almost three-quarters of Americans rely on a secondary income for various reasons.
A staggering number of people dont make enough at their primary job to support their financial goals.
Transportation costs also increased significantly, up 27.1% in that time frame.
That makes them rely more on a secondary income, whether a second job or a side hustle.
Need That Secondary Income ASAP?
Taking on a second job or side hustle is a great way to make extra money.
But it can also take time before you see the payout.
If you need some quick cash, check out some of our favorite ways to make some below.
It can help you pay off debt faster, increase your savings and afford luxuries like a vacation.
However, there are some downsides to relying on a secondary income.
Need a Hand With Bills?
Listen, we know its tough out there.
But theres no shame in asking for help.
These companiesmake it easy to help yourself and your bank account.
Heres how you might make a secondary income work for you.
Lean On Your Strengths
Consider where your strengths lie if youre thinking about starting a side hustle.
Do you enjoy writing?
Look for freelance writing or editing work.
You could moonlight as a graphic designer or photographer.
Do you like to drive?
This income often comes from investments like stocks, bonds or real estate.
If youre already investing money, now could be the time to supplement your income with your investment earnings.
Monetize Your Hobbies
What do you do for fun in your spare time?
Think about how you’ve got the option to make money from your hobbies.
If you enjoy crafting, you could set up an Etsy store to sell your crafts online.
Start offering dog-walking or pet-sitting services.
And if cooking is your jam, you could do recipe testing or offer a meal-prep service.
Sell Your Stuff
Everyone has items lying around their home that they no longer need.
But, as the saying goes, one persons trash is another persons treasure.
Are your bookshelves overflowing with novels youll never read?
You cansell your used books onlinethrough a platform like Amazon, AbeBooks or BookScouter.
Did you inherit your great aunts collection of ugly vases?
Get those puppies appraised and sell them for cold, hard cash.
Are you struggling to cope with financial stress?
First, take a deep breath.
Then, take a look at our roundup ofresources to help you manage your stress and your money.
Avoid Burnout
When youre chasing a secondary income, burnout is a genuine concern.
Catherine Hiles is a Certified Financial Education Instructor and freelance writer specializing in personal finance and home improvement.
She lives in Ohio with her husband, two children and two energetic dogs.
