The post How to Make $50 Dollars a Day: 11 Legit Ways that Work appeared first on Millennial Money.
It doesn’t matter if you’re building a long-term savings account, saving to make a big purchase, or just making a little extra money for fun; an extra $50 a day can go a long way.
In fact, it will bring an extra $1,500 each month if you’re consistent.
We’ve outlined our favorite side hustles that can help you meet the $50-per-day threshold and boost your bank account. Let’s dive right in.
11 Legit Ways to Make $50 a Day
- Deliver Groceries
- Deliver Fast Food
- Become a Freelance Writer
- Become a Virtual Assistant
- Become a Social Media Manager
- Start a YouTube Channel
- Sell Digital Products
- Pick-Up Odd Jobs
- Become a Dog Walker
- Flip Old Furniture
- Invest in Real Estate
1. Deliver Groceries
If you’re looking for a way to make $50 a day, grocery delivery is a popular and efficient way to make cash each day.
Grocery delivery apps, such as Instacart, have become a popular way for people to have their groceries delivered right to their doorstep.
The best way to maximize your earning potential as a grocery shopper is to optimize your time. Most delivery apps show the peak delivery times during which customers are most likely to place orders. This may include evenings, weekends, or lunchtime.
If you only have a few hours to devote to earning $50 each day, you should make yourself available during these times to receive more orders and earn more money.
2. Deliver Food
Another great way to make an extra $50 a day would be to deliver fast food.
Not only do food delivery apps like Grubhub, DoorDash, and Uber Eats provide an essential service to busy customers, but they also provide a way for gig economy workers to earn a decent amount of money.
The Uber Eats platform offers an easy way for current rideshare drivers to start receiving incoming orders to deliver food.
3. Become a Freelance Writer
Do you have excellent writing skills and a strong grasp on grammar? One of the best ways for you to earn good money each day online is by offering freelance writing and proofreading services.
In the age of content, businesses and bloggers need to stay on top of the latest trends and create content that speaks to people’s interests. However, most people don’t have the time to write ad copy, blogs, or social media captions and stay on top of the everyday duties of running a business. Freelance writers are essential to helping businesses and entrepreneurs create content that builds authority and trust for their audience.
The key to getting started as a freelance writer is to build a strong portfolio that showcases your writing abilities. If you don’t have any existing pieces to showcase, you can always write sample pieces or start as a beginner on freelance job boards.
Sites like Upwork, Fiverr, and LinkedIn are great places to find clients seeking freelance writers. To set yourself apart, start by offering low rates to gain initial clients and raise your prices as you gain more experience. Before you know it, you’ll be earning $50 or more each day from the comfort of your home.
4. Become a Virtual Assistant
The demand for remote work is continuing to grow, and virtual assisting is now a popular career path for many people looking to make money on their own terms. If you are a detail-oriented and organized person, becoming a virtual assistant can be a lucrative and rewarding way to earn $50+ each day.
Virtual assistants provide administrative, technical, and creative services to business owners so they can focus on their core responsibilities. This can include writing blog posts, answering emails, managing social media accounts, providing customer service, and more.
Before you start looking for virtual assistant clients, you need to define what services you will offer. This will depend on your qualifications, skills, and experience. Much like other freelancers, you will need to develop a professional bio that showcases how you can provide remote help to clients. Presenting yourself as a trustworthy and skilled virtual assistant will help you stand out in the marketplace.
The next step is to find clients. Use social media platforms like LinkedIn, Instagram, and TikTok to showcase your expertise and engage with potential clients. You can also apply for roles through freelance sites like Fiverr and Upwork.
5. Become a Social Media Manager
Nowadays, businesses need to have a social media presence to be taken seriously. The problem is that many companies, especially small businesses, lack the time and know-how to manage multiple channels themselves. That’s where social media managers come in.
The job of a social media manager is to craft engaging content for clients’ social media channels. You may plan out content calendars, reply to comments, and even coordinate content with their sales teams. The best part of being a social media manager is that you can do it part-time or turn it into a full-time career. It all depends on your commitment and skill.
To thrive as a social media manager, you need to stay up-to-date on the latest social media trends, best practices, tools, and channels. Familiarize yourself with the top social media platforms and which content works best for each one. You should also consider committing to a niche or industry that aligns with your interests and strengths. Having a niche industry can help you position yourself as an expert and attract more clients.
6. Start a YouTube Channel
If you’re passionate about creating videos or live streaming, you can make money online by starting a YouTube channel or Twitch channel.
Content creators across the board can use platforms like YouTube and Twitch to share their talents and build engaged audiences. YouTube is a popular video-watching channel for content creators and influencers, and it has been joined by Twitch in recent years. Twitch is a similar video platform but is geared towards interactive live streaming for gamers, podcasters, influencers, musicians, and more.
To build an additional income stream through video content, you need to start producing high-quality content that resonates with your audience. Whether this is streaming yourself playing video games or doing makeup tutorials, focus on delivering entertaining, informative, or influential content. You need to build a core audience before you can properly monetize your channel.
Once you have a solid foundation, you can take advantage of YouTube and Twitch monetization features. YouTube has a Partner Program that allows you to put ads on your videos. Twitch also offers several options to earn money, including their Affiliate and Partner programs. These programs let you earn extra income through ads, subscriptions, and donations.
7. Sell Digital Products
If you’re a creative person who knows how to use InDesign, ProCreate, or Photoshop, you can make $50 or more each day by creating and selling digital products.
Digital products is a broad term for intangible products that are delivered electronically. This includes ebooks, software, online courses, photo presets, fonts, artwork, digital planner templates, and much more.
The best part about creating and selling digital products is that it requires very little startup costs and is an excellent way to earn passive income. All you need to do is use your technical, graphic design, and marketing skills to create your products, promote them, and watch your sales grow.
To succeed in selling digital products, you need to create high-quality, valuable content. Your digital products, whether they’re ebooks or graphic templates, need to be well-researched, well-designed, and professionally presented.
You also need to develop a marketing strategy to make sure your products reach your target audience. If you follow a post-and-pray strategy, you may discover that your hard work goes unnoticed by your customers. Utilize social media, content marketing, and email marketing to create awareness and drive traffic to your Amazon page, Etsy profile, Coursera page, or wherever your digital products are being sold.
8. Offer Your Services on TaskRabbit
If you’re willing to perform various odd jobs to earn some extra cash, offering your services on TaskRabbit is an excellent way to earn an extra $50 each day.
TaskRabbit is an online marketplace that matches local freelancers with people in their area who need help completing everyday tasks. These tasks can range from assembling furniture, dog walking, moving furniture, mowing lawns, and more.
To succeed in today’s gig economy, you need to identify skills and services that help you stand out from the other freelancers in your area. Start by creating a profile on TaskRabbit that highlights your skills, relevant experience, and customer service. Be sure to create an engaging bio that highlights your personality and upload a clear profile picture to appear more trustworthy to potential clients.
The earning potential on TaskRabbit is very good compared to other freelance opportunities. You can see the average pay per project on TaskRabbit’s site or app. Depending on your location, projects like home cleaning and furniture assembly can range from $59 to $165 per task. This means that you can easily earn $50 a day or more by dedicating an hour or so to completing tasks for strangers.
9. Become a Dog Walker
If you love animals and spending time outdoors, becoming a dog walker is a wonderful way to make $50 a day and help keep pets healthy.
As more people return to the office, pet owners are looking for reliable and trustworthy people to help their pets get exercise each day. Dog walkers meet this demand by taking furry companions on walks each day and providing them with necessary care to keep them healthy and happy.
To establish yourself and your first customers, start by creating a profile on Rover, an app that connects pet sitters and dog walkers with local pet owners. In your profile, define the scope of your services and your rates. List any breed specifications, duration of walks, the number of dogs walked at once, and any other information that will help clients make informed decisions about your services.
Some people decide to form an LLC for their dog walking and pet sitting business if their Rover account starts to take off. Securing repeat clients on Rover is great, but the app takes a fee for every service you provide. If you form an LLC, you can take your services offline and keep the service fee for yourself. However, it’s important to understand the tax implications of forming an LLC if you decide to go in that direction.
10. Flip Old Furniture
You know the saying, “one man’s trash is another man’s treasure?” This is the central idea around flipping furniture. Not only do you get to make old things new again, but you can also earn real money doing it.
Before you start flipping furniture, you need to have a knack for creativity and craftsmanship. Almost all furniture DIYs involve power tools, paint, and some handiwork, so you need to have solid knowledge of the necessary skills and tools needed to refurbish old pieces of furniture. If you’re a beginner, you can find channels on TikTok, YouTube, and Instagram to help you learn the basics of furniture flipping.
Once you feel confident enough to start flipping furniture, you need to go on the hunt for hidden gems. Most people find old pieces with potential at local garage sales and consignment stores, but you can also search online on sites like Facebook Marketplace, Ebay, and Craigslist.
Flipping furniture requires some vision and knowledge of current interior design trends. You need to consider what people are interested in but also what makes sense for the piece you’re flipping. Once you’ve finished the piece, you can utilize marketplaces like Etsy and Facebook Marketplace to advertise your pieces. You can also see if local antique stores allow for flippers like yourself to rent floor space in their store.
11. Invest in Real Estate
If you’re curious about how to make money through real estate, you’re not alone. Many people assume that you need thousands of dollars to start earning passive income through real estate. However, you can actually get started for as little as $5 and work your way up to earning $50 or more a day.
Real estate apps have transformed the way we think about investing in real estate. Apps like Fundrise, CrowdStreet, and Roofstock help you invest in real estate investment trusts (REITs), shared rental properties, and commercial real estate for as little as $5. Plus, you don’t have to worry about maintaining properties or dealing with unsavory tenants. You can throw your money into the pool, sit back, and watch your earnings roll in.
Like most investments, real estate investing requires a long-term approach. You shouldn’t expect real estate investments to produce quick returns, but they can definitely provide a steady passive income stream if you continue to research the marketplace and grow your portfolio.
BONUS: Take Online Surveys
If the idea of making free money by playing games, watching videos, and taking surveys sounds too good to be true, it’s not. You can earn free gift cards, cash, and cashback by devoting a few minutes a day to survey sites.
Survey sites, also known as get-paid-to (GPT) sites, are a popular way to make easy money online. The way it works is that marketing companies and retailers pay sites like Rakuten, Swagbucks, Survey Junkie, and InboxDollars to gather marketing data from online focus groups. These survey sites then pay you a portion of that money to participate in surveys, play games, and watch videos. Once you earn enough money on the site, you can cash out in the form of PayPal transfers, direct deposits, or gift cards.
While you can’t realistically expect to earn $50 a day through surveys alone, you can earn a surprising amount of money by referring new users to your GPT site of choice. Most survey sites offer sign-up bonuses to encourage users to get new people to join. When your referral uses your link or code, you will earn a bonus, sometimes as much as $25. Your referral will typically get a bonus too.
Final Words
Whether you decide to pursue freelance opportunities, join the gig economy, or invest money, there are several ways you can earn an extra $50 each day. You just need to be creative, strategic and committed to trying new things.
Establishing a new income stream can take time. As long as you’re staying consistent and dedicating yourself, you can steadily increase your daily income and make strides towards achieving your financial goals.
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The post How to Make $50 Dollars a Day: 11 Legit Ways that Work appeared first on Millennial Money.
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October 23, 2023 at 06:30PM
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