5 Ways To Make Quick Money Without Looting A Bank

By Saroni Chakravarti | November 12, 2018

If you’re sick of your regular 9-5 job and want to perk up your career prospects a bit, here are some ways you can make some quick moolah without robbing a bank.

5 Ways To Make Quick Money Without Looting A Bank

Gone are the days when people used to join an organisation and finally retire from it 40 years later (sounds unbelievable, no?). While a stable job bodes well for your finances and also to some degree your mental peace, there is no need for you to stick around in a job that is doing nothing for your career goals and finances. The best way to figure out if your existing salary is doing well for you is by taking stock of the savings and investments that you’ve managed to make so far on it.

However, if your existing job isn’t fetching you enough to fund your lifestyle choices, we’ve listed down easy ways you can make some quick and legitimate money on the side without falling foul of the wrong side of the law.

Additional Reading: 6 Smart Money Management Tips For First-Time Freelancers

  1. Offer tuitions

The old saying goes-“If you have knowledge, let others light their candles in it”. If you’ve always wanted to be a teacher, but had to give up the dream for “more lucrative” career choices, now is the time to give wings to your dream. You can tutor online as well as in person.

For example, if you have solid math, coding or foreign language skills, there are a ton of websites that you can sign up on like MyPrivateTutor.com, BharatTutors.com, tutorindia.net etc. Experienced tutors get paid up to Rs. 4,000 per hour. So, clearly people who snub their nose at a teaching job and call it a non-paying one don’t really know what they’re talking about.

Additional Reading: How to Earn Money While Travelling the World

  1. Become a blogger:

If you’re a wordsmith, why limit your creative writing skills to writing journals? Creating your own personal blog only takes minutes and you can even turn this creative venture into a money-making one. Sign up for Google Adsense which will help you place ads on your blog. You’ll have to wait for a while to get your account approved but once it gets the green signal, you can expect a steady flow of ad placements that you can earn quick money from.

One can expect to make Rs. 2,000 – Rs. 15,000 per month for a 2” x 2” space. However, one thing to note about Adsense is that your earnings from the ads will depend largely on your blog’s traffic and popularity.

Another way to rake in the moolah is through affiliate marketing. This is nothing but promoting another seller’s products on your blog or generating product sales through your blog.

  1. Become a social media influencer

Gone are the days when brands used to rely on TV ads or roadside hoardings alone to drive sales of their newly launched products. More and more brands are taking to social media platforms like Facebook and Instagram to market their products and rope in social media influencers to sell their products. Social media influencers are people who mostly have verified accounts (account names that have a blue tick next to them) and a large number of followers. Brands cash in on this reputation and get them to endorse their product by way of taking a photo of the said product, posting it with a good review and sometimes even offering special discounts.

Additional Reading: How Social Media Influencers Are Selling Products On Instagram

  1. Drive for Ola or Uber

If you’re one of those people who find driving relaxing even amidst snarling traffic and like meeting a bunch of new people every day while at it, here’s an opportunity that pays really well. Driving for cab companies like Uber and Ola can help you earn money while you drive folks around your city and you’ll only need a couple of things to embark on your venture.

If you’re a driver cum vehicle owner, the following are some of the minimum requirements that you’ll have to fulfil:

  • Driving license
  • Vehicle registration
  • Vehicle insurance
  • Vehicle permit

Your earnings on an average can go up to Rs. 50,000 per month. To earn higher than that, you may have to clock in more than 20 hours per day, which may not make sense unless you’re willing to compromise your peace of mind.

  1. Become a dog walker or a dog sitter

If you love animals but are not quite there when it comes to getting one for yourself, you can opt to become a pet-sitter or dog walker and earn money while at it. In metropolises across the country, for full-time working pet parents who work regular hours, pet boarding has become a cause for major concern.

If your friends or colleagues have pets and need someone to look after their pooches while they’re away, you can volunteer to help them out and even make money out of it. If you’re looking at doing something like pet-sitting at a formal level, you can even sign-up for a formal course on pet sitting. Companies like Anvis Inc. in Bangalore train budding pet sitters in canine behaviour and other crucial aspects that you’ll need to bear in mind while you’re pet-sitting.

The amount of money you can earn can vary from Rs. 2,000 to Rs. 10,000 every month. But look at it this way – you get a chance to do something you really enjoy.

Additional Reading: Budgeting For Pets: 5 Pet Parents Share Tips, Their Experience & Much More

While there’s a plethora of opportunities on the internet for you to make money, there are equally dubious ones that could be outright scams. Do not fall for opportunities that ask for an upfront fee, pay for certification or even request your private financial information.

Regardless of what gig you’re into, in order to have a secure financial future, remember to plan your investments and savings on the side so that even a small career break doesn’t leave you with a begging bowl and depleted of your savings. If you’re at sea about how to get started on that, we can help you navigate the tricky world of finance without breaking into a sweat.

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Category: Managing funds Money Money Management
Saroni Chakravarti

About Saroni Chakravarti

Saroni loves all things quaint and old world- be it art, music or cinema. She has a special knack for spotting the weirdest traits in people and can't for the life of her understand why she attracts the worst co-passengers. Despite her cynical exterior, she still hopes for a world that will be free from discrimination and cruelty. When she's not spending her day commuting, she can be found watching funny videos, reading, and sending out needy vibes to strays around her.

2 thoughts on “5 Ways To Make Quick Money Without Looting A Bank

  1. AvatarPreeja

    Saroni Chakravarti! You are rocking. This is second Blog, the way you convey things impressive. Great work Go ahead….

    Reply
    1. AvatarTeam BankBazaar

      Hi Preeja,

      Saroni says thanks! 🙂 We appreciate the kind words.

      Cheers,
      Team BankBazaar

      Reply

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