If you have been thinking of making extra money, work from home jobs and online income In Canada, this article is for you.
What would you do with some extra money? That’s an interesting question to ask anyone and you will definitely get a plethora of different answers. But one thing is certain — no one frowns at the thought of having more money in their bank account.
For some people, extra money means being able to offset their bills on time. For others, it means catering to their increasing number of dependents. And then there’s the group of people that want to travel the world, a venture that will definitely take a chunk out of anyone’s income.
It doesn’t really matter how much extra money you need or what you need it for, it just matters that you do.
So we’ve created a list of 10 of the top ways we know you can generate some extra income working from home and online in Canada. While some of these methods require no prerequisite skills, some others do.
Also, the earning potential of these work from home methods is varying: some of them you’ll find are just good enough to make you a few extra bucks every month, while some others if done right, can grow big enough to more than replace your primary source of income.
Whichever you go with is your choice to make. We’ll just lay them all out for you here and let you decide.
1. Start Your Own Blog
At this point, this almost feels like a cliche. You probably think that the blog/content market is saturated but that couldn’t be further from the truth. There are still thousands of people making money from blogging and you can too.
Starting a blog was one of the best decisions for me ever!
2. Start Your Own Drop Shipping Business
Dropshipping is the easiest e-commerce model to employ in terms of the processes involved from start to making your first sale. While it will require some cash infusion on your part, there are solutions like Shopify that serve as a one-stop solution to your dropshipping business needs.
With this business model, you don’t have to own, manufacture, or store any of the products you sell in your store.
Just create an account with Shopify and use their drag and drop features to create your store. You then upload your virtual products to your store.
Whenever you get a sale, you simply send the order details to the product’s manufacturer and they will deliver the product to the customer on your behalf. It’s that simple.
In most cases, the manufacturers also handle customer service, complaints, returns and everything in between while you just get paid.
If you have your own products, you can sell those too on platforms like Shopify, Etsy and Woo-commerce.
3. Find Work As A Virtual Assistant
Virtual Assistants are undoubtedly top of the food chain when it comes to the gig economy and making money online in Canada—or anywhere else for that matter.
VAs are the guys behind the scenes that take care of all the tasks in a business or company that the business owner would rather not want to do. The good thing is that most of these tasks can be done online, which means as a virtual assistant you can work for anyone in any part of the world, hence, the “virtual” in the title.
Depending on who you’re working for, your job as a VA can include stuff like taking and making calls, sending and replying to emails, setting up meetings, managing social media accounts, customer service, bookkeeping and much more.
Working as a VA can afford you a surprisingly flexible schedule plus the earnings potential is massive.
4. Participate In Online Surveys
If you’ve ever wished there was actual money involved whenever someone asks “penny for your thoughts?”, then you need to be participating in online surveys.
There are so many opportunities online to make money by sharing your opinions on varying products, services, and brands.
Of course, there are a lot of scams online too.
You just need to sieve through the maze of crappy offers to find the right ones. A few of the best-paying and most reliable survey sites include Swagbucks, Survey Junkie, Pinecone Research, Daily Rewards, Maru Voice, and Ipsos i-Say among others.
Some of these websites pay a minimum of $2 per survey and more often $5. Most survey opportunities on these platforms are really easy to complete in a short time, plus you get more opportunities the more you participate. Some of them also offer sign-on bonuses.
A few of these websites do not pay cash directly: they use a point rewards system where you accrue points over time and can then redeem them as cash, gift cards or in a number of other ways.
5. Become An English Tutor
English is one of the most widely spoken languages in the world and yet, the demand for it is still soaring. This demand has created a market for people who have a good grip on their English language skills and would love to monetize it.
Companies such as VIPKid pay English tutors as high as $22 per hour to teach the language to kids in foreign countries like China. Once you are sure of your skill level, you can register with any of these companies and you are usually allowed to decide your own schedule.
Of course, if teaching English is not your thing, there are a ton of other platforms that hire tutors to teach a myriad of other subjects too.
6. Become A Freelancer
Freelance websites like Fiverr, Upwork, Freelancer, and 99designs are known for connecting people with skills to clients who need those skills.
Every day, thousands of people are on each of these sites, wallet in hand, ready to pay for all sorts of services. These include anything from professional services (like writing, proofreading, graphics design, transcription, voice-overs etc) to the most obscene services (like pranking someone or eating a banana in a sexual manner).
There is really no limit to the kind of jobs offered on these freelancing sites and the kind of people who need them.
Register with the ones that best suit you, set up your gig, set your hourly rate or fixed price and be ready to work. You can make from as little as $5 to as high as $5000 per project on these platforms.
7. Sell Your Stock Photos
For those who prefer to view life through the lens of a camera, there is an opportunity for you to sell some of your best pictures on platforms like Shuttershock, Getty Images, iStock Photos and so on.
A picture is worth a thousand words and if your camera skills are truly great, you can turn this opportunity into a serious money-spinner.
8. Create Your Own Courses and Sell Them Online
When you start your own blog, you can sell your own course on your website.
However, you’ve still got to worry about other stuff like creating content for your blog, hosting, marketing etc. But if you’re only strictly interested in teaching a skill or particular know-how, you’re much better off leveraging an e-learning platform.
Some of the more popular ones include Udemy, Teachable, and Skillshare. Set up your account with any (or all) of these platforms and set your own fees (it could be a one-time or subscription-based fee structure).
9. Start Your Own Affiliate Marketing Business
Another way to make money online in Canada is through affiliate marketing.
We may have mentioned affiliate marketing as one of the easiest ways to monetize your blog. However, there are so many other ways to make money with the affiliate marketing model that does not require owning a blog. Non-bloggers use other means like email and any of the major social media platforms.
We have to point out Michelle Schroeder again at this point. Besides owning her own ultra-successful blog, she is also an affiliate marketing guru and rakes in about $100,000 every month for her affiliate marketing efforts alone.
You can check out her course ‘Making Sense of Affiliate Marketing’ where she delves into detail about how she mastered the art of affiliate marketing.
10. Rent Out Your Car When Not In Use – Turo
You might have heard of the app, Turo.
If you haven’t, it’s ok.
Using Turo App, you can rent out your car, when you wish to and for a couple of days every month. It depends on you as to how many days you want to rent your car out, for whom and at what price.
Creating your profile is very easy, it hardly takes a few minutes to rent out your car. You can choose the date, time, meet the person you will be renting it out to and also have special instruction if any.
Turn is great, I’ve tried it and it works seamlessly.
You can look out for these options, which will help you in earning more monthly income and at the cost of renting out your car for a few days in a month.
11. Rent Out A Room In Your Apartment or The Entire Apartment If Going On A Vacation
A lot of people rent out their apartments while going on vacations or if re-located for a brief while.
Another interesting thing I have noticed people doing is, rent out a room in your apartment and make some extra real money, instead of leaving it idle and waste the space.
Also, if you have a basement which is hardly used, rent it out and make some extra cash.
Here’s another option, if you are living alone in an apartment, why don’t you share the space with likeminded people/colleagues to split bills and make some real cash savings here. All these translate to extra money.
In a city like Toronto, where rent prices are expensive, we have to be smart and make ways in little ways to keep money in our bank accounts as well as earn extra cash from other resources. Visit Airbnb for ideas on how to place the ad, Also Facebook Marketplace is very popular for your room ads.
12. Start Offering Proofreading Services
Some people have a keen eye for spotting spelling and grammar errors in any text. If you have that gift, then you should consider offering your services as a proofreader.
Thousands of writers are constantly on the lookout for people with proofreading skills to make sure their content is of the highest quality before they can publish. Position yourself to meet that need.
A prime example of a proofreading success story would be Caitlin Pyle.
She started proofreading transcripts as her primary source of income back in 2012 and now banks in the mid-five figures range from her efforts every year. She has a free 76-minute workshop on her website, Proofread Anywhere.
This workshop could help you get started as well as help you decide if this is for you.
All these opportunities do not work in isolation. You can combine a few of them if you have the skillset for them and can manage your schedule. It’s unthinkable in this day and age to have just one source of income. The opportunities on this list will help you diversify your income.
There you go, that is the list of the 12 best ways to make real extra money in your part-time and sitting at home.
Definitely give them a try, at least a few of it which interests you. I’m sure you won’t regret it later. After all, you don’t have to spend a dime as an investment to join most of the sites listed.
I’ll also keep updating this list as I find more useful resources online which will help you make that small extra money or maybe a full-time income.
That’s all for now, please let me know your thoughts and comments in the comment box below.
Also, please don’t forget to like and share this article if you found it useful. There are a ton of people out there looking for genuine information, so let’s help them by sharing good content and spread across the information. Thank you.
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Sagar Sridhar is a personal finance blogger from Canada. His genuine passion for personal finance coupled with his unique style of writing is what stands out. Professionally, he is a computer engineer, agile certified and has a master’s degree in Project Management. His writing has been featured or quoted in the leading Canadian publications such as Credit Canada and many other personal finance publications. While he is juggling between his day job and blogging, he is the main author on this blog and has miles to go before making the final pit stop.