Ways To Make Real Extra Money In 2020 (Side Hustle)

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     Life is full of money making opportunities. But you must know this, that an opportunity is only useful and meaningful to the one who is prepared. To the unprepared fellow, an opportunity is seeing as a normal life occurrence. To some, every life occurrence is an opportunity to make money. In this case, I would say, opportunities are everywhere. Many have read books on how to become rich, how to make money, how to create wealth, and so on. How about the other group of people who have always believed that the best way to become rich is to hustle harder, in simple term, hard work is the key to riches. Forgive me, but if this was true, Africa as a continent would be the richest. With limited technology, hard work has always been the one solution to attain results in Africa. So, to an extend, everything you believe about how to make money is true, but not 100% true. And if you learn from the billionaires, they don't have only one source of income. They understand the side hustle language better. Although you have a major source of income, but you also have other means of generating revenue. That is what we will be talking about in this post. I might not cover a complete list of side hustles. And after reading through, you can also suggest more options for our readers using the comment box below.
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Also read >>> List of high paying affiliate programs and how to make money in affiliate marketing
    
 List Of Ways To Make Extra cash

=> Mini importation: This is a very lucrative way to make money with Ecommerce. This particular way will benefit mainly the African nations. There are so many inventions that are not common to the whole world, especially a continent like Africa. I heard of a guy in Nigeria who did online shopping on one of these Asian online stores. He bought an item related to auto accessories, worth 8 Yuan without the shipment fee. But when this got to Nigeria, he sold it for 259 Yuan. It is not compulsory you start this business with a huge amount of money. Mini importation can be very lucrative. All you need do is know your targeted audience and understand what they want. Also be informed about what is trending. Now, search for some cheap Asian ecommerce stores, create an account and shop for your desired items. Don't forget to buy online the quality items. To know the quality items, click the items to read customers reviews and product ratings. To stay on the safer side, go with 5 stars rated items, and at least 94% rating. Alibaba is a very good Asian online store that accepts international buyers, but it is expensive. From what I see, many other cheap Chinese shopping websites are being owned now by Alibaba. The cheapest and my favorite is 1688.com .It has very cheap items you can shop for. Do you know another cheap and reliable online store in Asia that accepts international buyers?

=> Selling Of Domain Names: This side hustle is not known to many. I must tell you that this pays. Buying and selling of domain names is one online business that can never be affected by the world's economy. In this present world, the virtual world is proving to be the determining factor to many businesses success. For this reason, many business owners are moving their businesses online. And you know, you cannot exist online as a business without an identity, as this is what people will know you for. This is where the need for a domain name comes in. This also means, the need for domain names will always arise. Many have cash in on this. Check out the list of some domains that were sold some years ago: Voice.com for $30M in 2019, 360.com for $17M in 2015, Funds.com for $12M in 2008, Hotels.com for $11M in 2001, AsSeenOnTv.com for $5.1M in 2000, UpTeam.com for $12,000, MedicalCoverage.com for $18,000, MedicalBills.com for $12,000, etc. You can see more latest domain sales by doing some Google search on this keywords "domain sales". If you are good at word combination, then you are just a step to riches.

=> Blogging: Many are familiar with this, but only a few number of bloggers are successful. Blogging is very lucrative, believe me. Blogmeloud.com is not my first blog. It is one of my new blogs. I can boldly tell you that, if you blog the right way, you can make at least $800 per month. I know a blogger who is making up to $10,000 per month blogging. I have also seeing a blog on personal finance blog that makes a $100,000 per month blogging. To make this possible, I wrote a post on How to create a blog that drives traffic and makes money for you   . You can also tap into this stream of income.

=> Digital marketing: You can also become a digital marketer and get paid to promote companies brands. This can be done in many ways. As an influencer, there are many agencies that can connect you with advertisers or brands. You also can pitch a proposal to brands with an offer to help increase their brand visibility online via social media or blogging. If you do not have a blog, no problem. Just work to increase your Instagram and Twitter followers, Facebook friends and followers, etc. You can get paid to share short post about a brand with your follows. This is like making money by doing what you love to do.

=> Investment: To grow your money, the best way is to invest it. Be careful. In the course of growing or increasing money, many have lost it all. Business is all about risk, but be wise. It is better to risk wisely and earn little than to risk and lose all. Don't go for get rich quick scheme, where you invest your money and you are promised to have it multiplied within the shortest days. You can invest in cryptocurrency by buying Bitcoin, Etherium and others. This way, you are saving for the future.
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=> Affiliate marketing: Many businesses offer you the opportunity of making money by having a share of the revenue the company generates through sales. You are expected to play a role in these sales. For this reason, you are proffered the opportunity to be an affiliate. In some affiliate programs, you will be provided with your personal website that is connected to the products or services. It becomes your duty to direct or drive potential or targeted audience to that page to generate sales or leads. Depending on the agreed percentage, you get paid for each sales generated during this process. Affiliate marketing is easier when you have an effective marketing platform, like a blog or website. But you can be successful without any of these. If you have a good audience on social media, or you are good at marketing, you can also generate sales offline. With your bucket, you can also fetch from this pool. There are many affiliate programs online with good CPA, CPC, CPS offers. From my list of favorite affiliate programs, I will recommend  FIVERR and ShareASale. Their affiliate programs compensations are very attractive. Don't miss out on their money making opportunities. I will add more affiliate programs to this list later.

I hope this list of side hustles will take your finance to a higher level. If you have anything to contribute to this list, we will gladly welcome it in the comment section. Don't forget to share it with your friends on social media. Hit the share buttons below.

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  1. I liked the investment part of the article. For years, equity has been on my list to grow my money. Quality stocks, if bought at a cheap prices can give multi-bagger returns.

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    1. Oh yes Vasu. I wish many would understand how helpful and life changing this can be. I am glad you see it clearly.

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