5 Reliable Things You Can Do Immediately To Boost Your Monthly Income

Boosting monthly income is something that everyone wants to do. I mean who wouldn’t want extra money in their pocket? The funds can be used for savings, big trips, retirement, gifts for others and more. Some of these options require more work than others but they are reliable and have a built in market that is ready to be used. Here are 5 things that you can do right now to grow your monthly income.

1. Invest In Stocks

Whether you do automatic investing with an app like Acorns or you personally choose the stocks you want to invest in, investing in stocks is a great way to boost your monthly income. If you consider the direction of a company and how a company’s stock has been performing, there is money to be made from that company's stock. Manually investing in stocks is risky if you are new to the practice, so I definitely recommend doing your own research to ensure you are aware of the risks.

I recommend starting with an app like Acorns and then doing manual investing once you get more familiar with trading.

2. Invest In Cryptocurrency

The same is true for investing in cryptocurrency. There is money to be made and there are a lot of indicators that prove that cryptocurrency is here to stay and that it is becoming more useful as time goes on. Day trading with crypto is just as risky as day trading with stocks so I recommend using an interest bearing crypto account (like crypto.com) to start because it requires little effort to make money.

You can also follow cryptocurrency channels and blogs to get a sense of the industry and what you need to learn to become a seasoned trader. Then you can begin to invest more actively and take bigger risks with the goal of reaching bigger goals. If you want to learn about cryptocurrency, here is an article that I recommend using to get started. - https://www.ashleyburks.com/single-post/this-is-the-easiest-way-to-understand-cryptocurrency

3. Clean Houses

I know, I know this doesn’t sound the most appealing, but there are people who will pay you good money to clean their house. You can invest a couple hundred dollars in good cleaning supplies and market yourself to your friends and family to get your first couple of clients and then go on from there.

Trust me, you will like the extra couple hundreds of dollars in your account once you apply yourself and get those clients that will pay you to clean and organize their house (hint: I am one of those people lol).

4. Sell A Unique Dish

Have you ever seen someone post a delicious looking dish on Facebook? OMG and you just have to get some right? Well you could be that person offering the unique dish. Apply yourself and master dishes such as smiley face designed cookies, colorful donuts, cupcakes with people’s name on them (ok, I love sweets) and etc. But any dish can apply.

If you know how to make something really well and it is photogenic, people will pay you for it. Spend a few hundred dollars mastering the recipe, get your boxes and containers and market your dish on the internet. Start with your friends and family, and expand from there.

5. Dog Walking

If you like dogs, this is definitely a good option. People will pay you to walk their dogs while they are at work or are busy working from home. You can market your services online and/or create accounts on popular sites such as rover.com and wagwalking.com. This is especially relevant for people who are in big cities. Either way check out the sites and ask your friends and neighbors to figure out if there are dog walking opportunities near you. And don’t forger your doggy treats! :)

Doing some or all of these 5 things will help you grow your monthly income by hundreds of dollars if you apply yourself and stay consistent. Whatever you do, I always recommend using a high interest savings account to get the most out of your money. This will allow you to make money with minimal effort. Even if it is just a couple of dollars in gain, it adds up and can contribute to your overall financial goals.

Related Articles:

This Is The Easiest Way To Understand Cryptocurrency - https://www.ashleyburks.com/single-post/this-is-the-easiest-way-to-understand-cryptocurrency

Top 11 Side Hustles For The Digital Era - https://www.ashleyburks.com/single-post/11sidehustleideas

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Thank you for reading!

Remember now is the time to build the life you want. Subscribe to www.ashleyburks.com/theexperience to get exclusive updates about travel and entrepreneurship.

:-)

Ashley