20 Ways to Make Extra Money in 2020

Overview

Today, we face a crisis unlike anything that we’ve seen in many years. America, and the world is in almost total lock down. Most citizens are terrified that they wont be able to pay their bills. So I had an idea and created a list of 20 ways to make extra money in 2020.  

While there are many that are still working, a vast majority of us are unemployed and scared. Scared of how we’re going to pay next months bills. Well I’m here to help. I’ve sat down and researched each one of these items on my list and verified their authenticity. Let’s take a look and see which one’s fit best with you. 

Disclaimer: Links to most of these websites are affiliate links. Absolute Ambition will get credit if you decide to sign up with some of the products on our list. This will help keep Absolute Ambition able to provide more quality content. Thank you for reading and I hope you enjoy! 

Tim Roddy
Author

1) Sign up with Swagbucks

How much does it pay? $50+ per month for active use + earn a 10$ sign up bonus.

It’s completely free to sign up with Swagbucks. You actually get rewarded for signing up. 

Swagbucks is a great way to make some extra money in 2020 by changing your search engine to Swagbucks (instead of google or yahoo.) Just google “swagbucks search engine” and add the extension. Once you sign up, You can also add the Swagbutton extension which helps you get cashback points from shopping online. 

By doing this, you’ll earn “Swagbucks” by just searching the web like you normally do. Swagbucks is practically a digital currency that can be redeemed with gift cards or paypal. but you can expect to earn 10 to 20 Swagbucks for every 10 to 20 eligible searches you complete.

If you don’t want to change your search engine, there’s many different ways you can earn with Swagbucks:

-Cash-back program for internet shopping with the Swagbutton

-Taking paid online surveys

-Watching videos

-Refer Friends.

If you enjoy using Swagbucks, you might want to encourage your friends and family to use it as well. You can make extra money by sending them your referral code. When they sign up and start using the site, you can make 10% in SBs on whatever they earn in a day.

For example, if your coworker registers using your referral link and earns 1000 SBs in a day, you’ll get 100 credited to your account. It’s one of the simpler, more passive ways to collect SBs.

Redeem your Swagbucks for cash via PayPal. 100 SB = $1.00 (or more). Every time you refer someone, you and your referral get $5.00 so the goal is to refer as many people as possible. 

2) Deliver Groceries - Postmates

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How much can you make? Experienced drivers can make up to 27$ according to postmates. 

Our world is constantly changing. There are more and more ways to make money if you look hard enough. The 9-5 grind is becoming less and less of a forced route. So If you’re looking to make extra money in 2020, this side hustle can make you a pretty decent paycheck, Postmates offers a courier program that enables you to deliver groceries or takeout to anyone, anywhere in your area. 

With Postmates, you don’t even have to drive a car, you can use a bike. But of course a car is safer and faster. Plus, there is no startup fee. All you have to do is pass a background check.  

Once Postmates verifies your identity, they’ll send you a delivery bag and a prepaid card (in the mail) that you’ll use to purchase delivery items.One perk worth noting: you take home 100% of what you earn for each delivery; furthermore, you can see exactly what you’ll earn before you begin a delivery

How much does it pay? Variable. Earn $4-$5 per month for watching daily TV content (and up to $50 per day when utilizing all earning activities) 1$ per referral reward for referring friends + a $5 sign-up bonus.

Most surveys range from 5-30 questions and the price earned ranges from .50 to 5.00 depending on qualifying. Some pay $10, $20, or even more, if you match the demographic profile they are looking for. Inbox Dollars isn’t incredibly lucrative but its a great way to make extra money in 2020. Don’t worry, Inbox Dollars works on a cash only basis so you won’t get paid in gift cards but cold hard cash. You can get an immediate 5$ bonus just for signing up and 30% of whoever you refer.

4) Become an Online Tutor

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How much does it pay? Tutors typically Earn $30-$50 per hour teaching online classes. Others Earn $15-$25 per hour tutoring online. Depending how much of a workload you want to take on, there’s ways to Earn up to $500 per month per student

There’s no experience required on minor subjects. What’s cool about this is that you work as much or as little as you want. You get to set your own working schedule!

Being an Online Tutor gives you complete flexibility and is an amazing opportunity to make extra money in 2020. Another perk is that you can teach or tutor no matter where you are in the world!

You get paid Fast and easy payments via Paypal, Online Check or Wire Transfer (Wire transfer fee applies)

5) Become a Social Media Manager

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How much does it pay? Some participants have managed to make $700 extra per week while others have reported making $1,000 per client with multiple clients.  

Businesses most often don’t have their name on the many social media platforms and could use the help getting there. That’s where you come in. Because most of us spend so much time on social media as it is, that we’ve learned the in’s and out’s of each platform.

Now you can make money by helping businesses that are too busy to manage their pages. It’s an incredibly simple process and one of the most common ways to make extra money in 2020. The course linked here will teach you everything you need to know on how to get started and what to expect.

Since it doesn’t take up an awful lot of time, you can manage it as a side hustle. As you get more clients, then you can make it full time and eventually take over your job and give you the freedom to live the life that you want.

6) Take High Paying Surveys for Cash

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How much does it pay? Some participants have reported making between $50-$500 per day. 

Hard to believe I know. I didn’t believe it at first either until I researched further and the proof is in the pudding. Most of us take surveys when we’re bored, sitting on the couch and only make $0.25 for 15 minutes of our time. Not anymore. Now you can take surveys and not feel like you’re just wasting your time but actually make some serious cash

7) Become a Lyft Driver

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How much does it pay? You are eligible for a $1,000 Bonus after your 125th ride on top of your everyday earnings which range on average $16hr but some have reported making $27 per hour. 

If you have free time and live in somewhat of a rural or urban area, Lyft is definitely a great option for a side hustle to make some extra money in 2020 Especially with their promotion of an extra $1,000 after your 125th ride. That’s easily attainable within a few weeks. All you have to do is download the app, sign up and start making money. (Note: Bonus amounts are subject to change. Please check the Lyft website for more accurate information.)

8) Get Free Stock Investing With Robinhood

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How much does it pay? Payment varies. $5-$500 When you sign up with Robinhood, you get a free stock as well as when you refer a friend, you get a free stock ranging from $5-$500.

Robinhood is a free-trading app that lets investors trade stocks, options, exchange-traded funds and cryptocurrency without paying commissions or fees. Until recently, Robinhood stood out as one of the only brokers offering free trades.

But with many big-name online brokers eliminating trading commissions and fees in late 2019, Robinhood’s bright light has dimmed a little. That said, it’s still a solid choice, and currently it’s one of the few brokers that gives investors the opportunity to trade cryptocurrency.

Robinhood offers both web and mobile trading, but the platforms are purposely bare bones, and some investors may find the range of tradable securities and account options lacking.

9) Start a Blog

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How much does it pay? Highly variable. From $0-$100,000+ per month, although most people should not expect any results for several months.

Creating a blog is one of the absolute best ways to make extra money in 2020 and potentially the rest of your life. If you love writing and have thoughts on certain topics, blogging is for you. Absolute Ambition uses blogging as a way to help individuals reach their goals and gives them the tools to be successful. 

If you choose to become a blogger, we personally recommend Siteground for your hosting. That’s the hosting we at Absolute Ambition use and it runs very smoothly and very beginner friendly.

We recommend the Grow Big program. It enables you to have multiple websites under one hosting plan and carries with it plenty of storage space for your plugins. 

By using our Siteground link, you get a special that’s currently running right now, 3 months for only $0.99. Normally $3.95 per month or 5.95 for the grow big program. 

You can also use Bluehost as your host. These are the top 2 hosting platforms that a majority of website use. After installing bluehost, install wordpress as well. 

Whether you want to write about finance, cars, weddings, or even blog about baby clothes, there’s ways to make it an online business. Just check out these elite bloggers to get an idea of what you can make. 

  • Michelle @ Making Sense of Cents made over $159,000 in her last published report;
  • or Pat @ Smart Passive Income, who made over $167,000 in his most recent report;
  • and lastly, there’s Rosemarie @ The Busy Budgeter, who also made over $100,000 in her most recent report

10) Get paid $10 to Invest with Acorns

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How much does it pay? Pay typically varies upon referrals and investments. You get $10 when you sign up and $5 per referral that you get that’s put into your account. 

Acorns is a simple investing app that helps you grow your savings by putting your money into investments designed to grow in value over time. This is a great way to get your feet wet if you don’t know an awful lot about stocks. 

Note: This is a retirement/savings account. The money you get from your referrals and that which you put into the account is best left in the account until the time on the term is up. But who doesn’t love free money?? I’ll take $5 free any day. Wouldn’t you?

Another cool feature with Acorns is that it has the round up feature. Let’s say you spend $3.59 on a coffee. You can choose to send that other $0.41 to your acorns savings account.

It may not seem like a lot but over time, change adds up. Upon completing your sign up, you get your $10 sign up bonus then upon your referral sign up, you get another $5. It’s a win-win.

11) Make money from your photos with Photo Jobs

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How much does it pay? Varies on quality of photographs and amount of photographs that you take. 

We all take photo’s everywhere we go. Just look at your Instagram. How many pictures do you have on there that you believe could be worth money if you sold them? Well now you can.

The requirement for payment is to submit between 10-50 pictures to Photo Jobs 

12) Rent out your car with Getaround

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How much does it pay? Variable. Per Getaround, users can make up to $800 per month (about $10,000 per year).  But Some have reported making $500 per day renting out higher end vehicles. 

I know what you’re thinking, Why would I let anyone drive my car? What would happen if it gets damaged? As a Getaround car owner, you get $1 million insurance coverage, you can rest assured your vehicle will be in good hands. They don’t  let anyone rent your vehicle.

If you can manage to get passed the fear of someone abusing your vehicle, Getaround is a great way to make extra money in 2020. 

How Getaround works is you list your vehicle on the app and then you’re connected to people in your area who need to borrow one. Renters can view, book, and retrieve your car straight from the app, so you don’t have to mess around with scheduling a meetup to exchange keys.

Rental earnings accrue on a monthly basis and are paid on the 15th of the following month.

13) Sell Used Textbooks with BookScouter

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How much does it pay? Varies on vendor

Right now is a great time to sell those textbooks that are just sitting in a box somewhere. Let’s be real, most of us have been there. We spent a ton of money on our textbooks for college and they become useless after that year or even that semester. We try to pawn them off for pennies on the dollar to freshman or friends. 

Heck even engineering and healthcare-related books to come in dang near $1,000. But with the high cost of textbooks comes opportunity. Flipping them for profit (yeah you can actually profit). 

So ofcourse, taking advantage of bookscouter is a fantastic way to make extra money in 2020. 

By using a service like BookScouter, you can instantly compare book prices across 44 different vendors. You pick the one that offers the best price and voila. Book sold.

14) Start an Ecommerce Business

How much does it pay? Profit varies on effort and product. Some have reported making between $30 – $100,000 per month with an average of 30-40% profit margin. Some top tier businesses have reported making $1,000,000 per month so this option is one of the absolute best ways to make extra money in 2020. 

The world has changed in the last few years. We live in a consumer based society. When you want to purchase something, do you go to the store or do you go online? Do you scroll through your phone on amazon and end up clicking “buy” at some point?

What’s stopping you from being the one on the other end? Now you can be the one making the sales and profiting from the billions that make online purchases each day. But how do you get started?

First you need to start with a website. Lucky for you, I know the best two on the market. We recommend Siteground and Bluehost as your hosting programs. Once you sign up with your domain name, now its time to choose which program to use. Siteground is offering 3 months for 0.99 right now for their most basic program. We recommend the “Grow Big” option due to its unlimited website hosting ability.

Once you get all of that figured out, It’s time to set up your dashboard. Afterwards, get your Alidropship plugin so you’re able to transfer products from AliExpress onto your site. Use promo code GETPLUGIN25 to get 25% off the Alidropship plugin. You also want to download the Aliexpress chrome plugin. These 2 plugins makes the process incredibly easier. It’s well worth the cost. 

Absolute Ambition will be creating a “How to create a dropshipping website” post soon. Stay tuned. 

15) Sign up with SurveyJunkie

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How much does it pay? It varies. Earn between $0.25-$3 per completed survey. $10-$30 per month. 

Survey Junkie isn’t the highest paying option on the list but it doesn’t diminish it’s potential of being a great way to make extra money in 2020. 

In the capitalist, consumer world we live in, companies want to understand consumers better. What are they thinking? What are they buying? Why are they buying it? Survey Junkie will actually pay you to take these surveys. And it doesn’t  take very long. 

They’ll want to know about your interests and shopping habits so they can match you with surveys that are applicable to you. Answer as accurately as possible to ensure you’re eligible for the surveys they send you. Note: you wont get rich by taking surveys BUT you can make an extra 10-30$ per month for sacrificing a few minutes a day. 

16) Rent out your extra space with Airbnb

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How much does it pay? Varies. On average the Airbnb host makes $924 per month. Superhosts can make $100,000+ per year.

Airbnb has become an absolute powerhouse in the topic of making extra money. If you have an extra room in your house or even an extra house, check airbnb and see how much you can potentially make. Airbnb provides up to $1,000,000 worth of insurance to cover your belongings (and home) in the event something goes wrong.

I know it’s a bit scary letting a stranger into your home if you rent out one of your rooms, but Airbnb does a serious vetting process. 

17) Automate your Savings with Digit

How much does it pay?  $5 for joining plus a savings bonus every 3 months on your balance. There’s also weekly bonus goals such as “refer 3 friends in the next 7 days and get $150” 

You won’t make a ton of money quickly but Digit is still an essential tool that can help you save daily. 

Digit’s purpose is simple: the app analyzes your spending and automatically saves the perfect amount every day, so you don’t have to think about it. Share what you’re saving for and Digit does the rest. It can budget for your next vacation, pay off credit cards, or put money away for a rainy day. Sign up, get your $5 and let Digit get you there. 

FDIC insured with over $1 billion in assets securely saved, there’s no account minimum, overdraft prevention, and a 1% cash bonus on your account balances. If you’re terrible about saving, take 10 minutes out of your day and set up your account and get a free $5. Think of the 1% quarterly cash bonus as your future self thanking you for being more responsible about your finances.

When a friend signs up using your personal referral link and starts saving, you’ll both be rewarded with a $5 Referral Bonus. Digit will put this bonus directly into your Rainy Day ☔️ balance. There is no limit on how many friends you can refer!

Please note, the bonus is triggered when your friend has their first automatic savings transfer. Digit will notify you via text when your bonus has been paid.

In order for the bonus to be paid out, your friends must:

  1. Fully set up a Digit account using your custom link
  2. Have a checking account connected to their Digit account (a checking account that is not being used on another Digit account)
  3. Have Digit create an auto-save for them

18) Link your card(s) to the Dosh app

How much does it pay? Once you link your card, you get $5 automatically and $5 per friend referral that links their card. 

Once you’re all set up with Dosh, you get cash back per purchase up to 40% on certain transactions. Dosh has been creating quite the stir lately since they’ve started in 2016. Few years later, they’re competing with the big wigs of the credit game. 

All you have to do is Download the Dosh app and connect your credit and debit cards (they use bank-level encryption technology to keep your info safe). Earn cash-back on all your purchases without scanning receipts or using coupons.

Deposit your earnings into your bank account. It’s more of a cash back savings program than a money making program but you can add up the cash fast with referrals. Who doesn’t love free money?

19) Walk dogs with Rover

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How much does it pay? Depending on your location, Some walkers have made over $100,000 per year. (This doesn’t mean you will. Income is entirely based off of work ethic and location) Which makes this option an absolute must try when it comes to making extra money in 2020. 

Founded in 2011, Rover has become the nation’s largest network of pet sitters and dog walkers. The site is filled with potential clients that are looking for someone to treat their pets like family. 

Rover goes through a rigorous background check to make sure no pets will be handled by the wrong person and that enables the owners to have full confidence in whoever is with their animals. 

There’s no set amount of how many dogs you can take on a walk at one time so use your time wisely. Also, you have to be over the age of 18 to qualify. So this may not be a job for teens. For adults, 30-minute walks generally fall in the $10-$30 range. With a neighborhood route, your earnings can add up quickly.

20) Create content on Redbubble

How much does it pay? 10% commision on all sales you make. 

If you enjoy creating designs, you should check out Redbubble. Individuals are offered the opportunity to make some extra money in 2020 with completely passive cash by selling items on their platform that have the design you created on it. 

Items vary from t-shirts, coffee mugs, phone cases, pillows and even laptop covers. Some users have reported making $3,000 off of a single design in just one year.

Absolute Ambition is a partner of redbubble and right now we’re offering a $15 purchase voucher to buy some stickers! Who wouldnt want free stuff?

The best part, it’s completely passive! Once you create the design, choose which items you want the design on, and mark the price you want to sell it for and boom, you sit back, and collect the cash. 

Redbubble gets hundreds of thousands of visitors per month so you won’t have to worry about generating traffic to your page. 

Final Thoughts

I hope my 20 ways to make extra money in 2020 can help you make it through this tough time that we’re currently facing. If you of any that I missed, please leave your thoughts in the comments below and I’ll make sure to look into them and try to incorporate it into this post in the future. Thank you for reading!

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