How to level up your income in 2024
Here’s a quick fact to begin with: money equals happiness.
There’s nothing more stressful than unpaid bills, not being able to handle health concerns, the inability to feed your family as best you can, and living in an environment that provides comfort and security.
Thanks to increased access to technology and overall awareness of the myriad of options that exist, it’s easier to increase your income now than it ever was- once you’ve made the decision to do so.
Here are some achievable ways to increase your income in 2024!
Products to Create to increase your income in 2024
Sell Handmade Goods
The fact is, people love buying unique, handmade items. To start, decide what you want to make – jewelry, furniture, ceramics, etc. Set up an Etsy shop in just a few hours. Then devote 5-10 hours per week to production and listing items. Etsy provides a built-in marketplace.
Write an eBook
Self-publishing an ebook only takes a day through platforms like Amazon KDP. Pick a topic you know well and create an outline. Spend a few weeks writing and formatting it. Promote it on social media for sales.
Create Online Courses
Online courses are a great passive income stream. Choose your topic and create lessons using software like Teachable. Plan for 20-30 hours to make a full course. List it on Udemy and promote to your network.
Invest in Real Estate
House flipping or rental properties can generate profits if you get the right deal. Research the local market for 6-12 months as you save up capital. Check out biggerpockets.com to connect with other investors.
Monetize a Blog
Building an audience for a blog takes time but can pay off. Pick a niche that you’re passionate about. Spend an hour per day creating content. Add ads through Google AdSense after 6 months.
Services to Offer
Offer Skilled Services
If you already have a job in a specific field, it’s likely that there are opportunities for you to consult, coach, or offer ‘pro bono’ services. A few platforms that are likely to have potential clients waiting for you are LinkedIn.
Negotiate a Raise
There is a strategy for getting the raise you want, and once you can demonstrate your results, experience, and commitment over a 3 month period, it’s typically easier for you to have that conversation with your boss.
Track your major accomplishments and contributions over the next 3 months, then schedule a meeting with decision makers to discuss increasing your salary.
Become a Freelancer
Freelancing lets you set your own rates and pick your projects. Browse job boards like FlexJobs and SolidGigs to find opportunities matching your skills, like writing, design, or consulting.
Tutor Online
Tutoring students online is flexible and rewarding. Browse platforms like Tutor.com and Chegg Tutors to set up your profile in an hour. Then set your availability for 5-10 hours per week to get started.
Drive for a Rideshare
Driving for Uber or Lyft is an easy way to make extra cash. You can start giving rides within a week of submitting your application and paperwork. Work during peak hours for the most fares.
Rent Your Home on Airbnb
Renting out your spare room or home on Airbnb can earn thousands per year. Sign up and list your property in an afternoon. Block your calendar for bookings – plan for 2 hours per week when guests stay.
Writing as a Side Gig
Freelance writing is a flexible way to make extra money from home. Browse sites like Contena, Scripted, and Constant Content to find writing gigs that fit your skills, like blog posts or web content. Plan to spend 5-10 hours per week on writing projects.
Reselling Items
Selling unused items on Facebook Marketplace, OfferUp, Craigslist or other platforms can provide steady income. Set aside an hour per day to photograph and list local items for sale through these apps. The key is pricing items below retail value to sell quickly.