Australia is really a lucky country when it comes to making extra money. There is no dearth of opportunities to earn extra money. There are some traditional ways, passive ways to earn extra money. If you want to increase your income for future goals then you may be ready to make a change in your life. Better income improves the quality of life, reduces financial anxiety and helps you to reach your goal. To make this happen, some options are given below to boost your income. These options may seem short-termed but with proper planning, they will benefit you long term. As a part of your plan, you need to think about the tax implications of earning extra money. Several benefits will come up to you with an increased income.
- You can clear your debts quickly.
- You can save more money for rainy days or if you have any particular future goals.
- You may not need to think about your finances as you used to before as you are financially stable now.
9 to 5 job is a traditional and most boring job. You can find better ways to increase your income in Australia if you want to be –
- A Social Media Manager
- New Better Job
- RPL
- Transcriptionist
- Passive income sources like- renting a car/home, and investing in estates and businesses.
Social Media Manager
If you are interested in social media then it will be a perfect opportunity for you to earn some extra money out of it. People often look for a social media manager who can manage clients’ social media profiles efficiently. Australian and overseas companies always look for reliable staff who know how to attract an audience through social media. If you are obsessed with Instagram or Facebook then you can be of use in the advertising department. Based on the company’s requirements, you can work from home or office and earn money.
Better-Paying Job
Based on your skills and experience, you can search for a better job. Before searching, update your LinkedIn profile, and resume and highlight your unique skill set and experiences. Let your existing network and trusted folks know that you are open to changing your workplace. They will let you know if any better opportunity arises in the future.
Earn a Certificate
Pursuing a certificate can increase your income more than a normal working person. Many of these programs are done online. Students can enroll themselves in these programs in their spare time. Research and think about which course will create value in your profession and boost your income.
If you want to grow in your career and increase your income then give a thought about RPL. You get an opportunity to make your skills and experience certified by a certified organization. Educube Pty Ltd. has years of experience in this sector. They do ACS Skill Assessment and VETASSE skill assessment as well. They have around 40 professional courses. All qualifications directly come from affiliated institutes. You can enroll yourself based on your interest and field. It’s an opportunity to turn your experience into a formal qualification and earn more in any job field.
Transcriptionist
Transcribing audio clips to typed documents is a time-consuming job for many Australians. You can grab this opportunity and earn between $0.36 USD to $0.45 USD per audio minute. If you have a stable internet connection, you can become a transcriptionist and get a decent salary. Transcription is a lucrative business if you are comfortable with typing quickly.
You can also engage yourself with a data typing job. It’s generally repetitive typing and is done with utmost accuracy and attention. This type of job is needed in the industry sector and is available at night or on weekends.
Side Business
If you are upcoming business is much similar to your current job, then make sure you are not violating any laws that might create a problem for you. If you are creative and have free time, you can establish your business through your hobbies. There are other options available as well to increase your money.
How do you make a living without working a 9 to 5 job?
It’s not necessary to do a 9-5 job if you are not comfortable with it. Several options are available to increase your income. You can adapt 2/3 sources as well to increase your income.
Teaching English Online
You can earn up to $25 USD per minute if you are interested in teaching English online. Working schedule won’t be an issue for you. Many people want to learn English as it’s a demanding language.
Blogging
Normally, blogging starts as a hobby then people get hooked as blog starts to gain fame and money. You can make items or review items on daily basis. You can also make gaming videos and do commentary with your gaming partners if you are interested in this sector. With patience and consistency, it can be a great way to increase your income.
Freelancing
Freelancing is always an available option when someone wants to increase their income. If you have extra skills and experience, you can find various opportunities online related to your field. You can also do freelance writing services on weekends. You can earn from $1000-$5000.
Passive Income
If you have a car, you can make rent it out as most people go on trips on weekends. You must live in Sydney, Melbourne or Brisbane to do this type of business. It’s mostly suited if you live nearby. You can earn more than $2000 in a year. You can rent your home as well if you have extra space. Besides, you can turn your skill or hobby into a profit related business as well. You can invest in other estate or businesses as well.
Money can’t buy happiness but to ensure the quality of your life, you need money. Besides, what will be a better option if you can increase your income out of your field of interests. After that, work won’t feel like work anymore!!
