Having a second income stream is not a difficult task anymore. We are living in a modern world where trends have changed, and you can easily create multiple income streams for improving your finances.
Who does not need money? Everyone could benefit from a second income stream.
It is one of the basic necessities of life, and one can never have enough of it. Even if you are earning a considerable amount of income through your full-time job, by creating a second income stream you can earn extra money for your monthly expenses, whether expected or unexpected. In fact, having a side hustle could be your best investment yet according to Forbes.
What will you do if some unexpected expense arises all of a sudden near the end of the month? What will you do if you need money now?
Simply put, it is always better to generate some second income streams so that you can enjoy the life to the fullest and fulfill all your needs and desires. For those who are looking for some legitimate and fool-proof ideas to generate some extra cash, we have got you covered.
Check out our top second income stream ideas below. Take a look, pick up a suitable one and start making some money.
18 Second Income Stream Ideas
It is always better to have some extra money in your pockets that can use at the time of need. Your salary is usually sufficient for fulfilling your basic needs but having money for your wants or fun money?
Having some passive income ideas would make it easy for you to hang out with friends and family and you would be able to go for overseas trips as well, provided you have enough cash in your account. Here are some tips to help you earn extra income.
Taking online surveys with Survey Junkie to make extra money is a no-brainer!
You definitely won’t get rich or make hundreds of dollars per day with survey alone, but you won’t waste much time, and you can make some money the easy way. It is my #1 favorite (and highest paying) survey site:
Survey Junkie: This is a free survey app for your phone that pays you to take online surveys, participate in focus groups, and try new products. This one is a fantastic site that helps you to get cash rewards by completing the online paid surveys. By participating in surveys, you share your opinion about multiple companies and brands, and it can help them to improve their quality of services and products. Join SurveyJunkie, be productive, share your perspective and get rewards. Make your profile and the surveys that match your profile will be shared with you so that your participation can be meaningful.
And, I really mean free all around – free to join and they don’t charge anything to be a member (they will actually pay you in cash via PayPal).
Join for free through this link and get your free registration bonus.
|Survey Junkie pays up to $50 per survey, and many of them take less than 5 minutes to complete. It is one of the highest paying survey sites that actually works. Click here to start making extra cash with Survey Junkie.|
|There’s absolutely no cost to join. Tip: Never register for a survey site that asks you for cash||Sometimes you’ll be a few questions in only to find out that you aren’t eligible for a survey, but you still get points|
|Points can be exchanged for both cash to PayPal and for gift cards||Minimum balance of $10 USD needed for Payout|
|Your information will go toward helping companies improve their products and services||Only users from the United States, Canada, and Australia can participate with future plans to expand|
|Answers that you provide are kept completely anonymous|
|The potential for high earnings (depends on your demographics)|
|Registration bonus if you go through this link.|
|If you’re not eligible for a survey, you’re still given points|
Swagbucks is another great money app to earn some easy cash for just pushing a few buttons in your free time. Swagbucks is a legitimate and safe site that offers points called Swagbucks that you can redeem for some cash. You can earn a little extra through this site by making it your default search engine. Besides, you can watch different videos, complete different surveys, shop online, and download multiple apps to get rewarded.
|Swagbucks pay up to $35 per survey. You can also earn FREE Cash (via Paypal) for everyday activities like shopping, watching videos and searching the web. If you're interested you get started with a $5 sign up bonus.|
As a new member, you can conveniently earn up to $35 per survey through this link.
Bottomline: It's one of the highest paying survey sites that actually works and pays via PayPal.
|An incredibly wide range of activities to partake in||Sometimes there’s no sign-up bonus|
|Most of the tasks are incredibly simple to complete||May take up to a few days to receive your reward|
|Sign up bonus of $5.00 through this link.|
|100% free – never join a rewards site that asks for your payment information|
|Great referral program – earn 10% of friends’ earnings|
3. Nielsen Mobile
Here is another excellent way of earning some rewards just by getting your devices registered with Nielsen. It is very easy to earn through Nielsen Mobile. You will have to answer some questions regarding your devices and household for registration. After that, you can download the Nielsen app on all the devices that you registered. The app is entirely free and safe to download. Once the app is installed, you can keep on using your devices as you usually do and you will be rewarded.
By using the internet as you do every day, Nielsen invites you to make a difference – and you can make money too.
I downloaded this app and make around $50-100 passively… it's a legit app.
You don’t really have to do anything other than initially registering your computer or phone.
|Nielsen: This company will pay you $50 a year keep their app on your favorite internet browsing device and they also give away $10,000 each month. So you can possibly make more than $100. Sign up through here for a registration bonus.|
Fundrise is a real, much better and desirable alternative to stock market investment. With Fundrise, you deal in the private real estate market that allows you to invest just like the super successful institutions. It enables you to access the unattainable assets, and you can become a real estate investor no matter what your net worth or total income is.
|Want $5 Free?
Join InboxDollars for free. InboxDollars pays you to watch videos, search, shop, take surveys, and more. They have paid out $57 Million so far!
Wouldn’t it be great if you could invest in commercial real estate and apartments without dealing with all the hassle of buying, improving, and re-selling real estate?
You don't have to be a millionaire to invest in these types of properties. You can now invest in large-scale real estate for as little as $500 with Fundrise.
Through their real estate investment products, investors earned an average of 8 – 11 percent on their money last year, and all without painting a wall or dealing with unruly tenants.
There is a reason why they currently have over 200,000+ users, this app really pays you!
If you’re interested, I recommend you sign up for more information from Fundrise by clicking here.
5. Airbnb Host
Airbnb is a popular hosting site where you can list your apartment, flat, room or a house for renting out. No matter how simple and small it is, listing your place here would help you to make money. It allows you complete control over prices, your house rules, and availability. It can connect you to hundreds of travelers who are in search of a unique accommodation like yours.
Yup, it’s true! There is a company out there called Airbnb that can net you over $1,500+ a month just by listing your spare room just a few nights out of the month.
Are you interested in seeing what your income potential could be by listing a spare room on Airbnb?
See how much people are making from listings in your area, then make your own!
Airbnb: This is a free room booking app for your phone. I really mean free all around – free to join and they don’t charge any fees for you to list your spare room. You can get paid when somebody books your spare room and you can charge whatever you want when you join through this link.
Saving money should be easy. Automate it with Trim.
Trim users saved over $1,000,000 in the last month. I love that you can get your saving results in less than a minute.
I effortlessly linked my financial accounts and Trim went to work and I saved $200 easily.
It found ways to lower my bills and cancel subscriptions.
This is a personal finance application that is actually an AI-based virtual assistant that analyze all your finances, helps you to make the most out of your money and automates the methods to save you some cash. It identifies ways through which your money can be saved. While signing up, you will link it with checking in addition to all your credit card accounts.
The app scans them, finds the frequent expenses and notifies you. You can choose which of the expenses you wish to get canceled and hence you will get to save some money.
Bottom line: It was able to save me some money. If you are at all interested in saving money, you should be using Trim.
|Tip: Did I mention there’s no fee for this? Because there’s no fee for this! Getting started with Trim is pretty straightforward: Sign up and connect your Messenger account.|
Swag IQ is a fun way of earning excellent cash prizes. It is a live game show, through which your knowledge is tested, and you can get to win huge cash rewards. The best thing is, it is completely free. You just have to download the application and start playing for earning some cash.
What is the most popular drink in the world that does not contain alcohol? What the official national anthem of the United States of America? What is the Capital of Australia?
If you answered coffee, star-spangled banner, and Sydney, then you may want to look into the NEW Trivia App that pays you huge cash prizes for your smarts.
Today’s prize is worth over $1,000! I'll be playing, will you?
|What I like about this app? You'll get $$$ just for testing your knowledge and they pay you straight cash without doing any work.|
8. Vindale Research Mobile
Vindale Research asks for information about you so that they can match you with fitting surveys.
|Want $5 Right Now?
Get Swagbucks, the #1 rewards program that pays you for watching videos, taking surveys, shopping and more.
At up to $75 a pop for some surveys and a free $2 just for signing up, it pays to check in daily to see which ones are available to you. Here is another fantastic survey site that offers cash rewards in return for completing an online survey. It is a reliable option for those who want to utilize their free time for earning some easy money online.
You can get started for free. A large number of surveys are added daily. You can complete them from the comfort of your home on your computer, smartphone or tab. Join Vindale and get quick cash via PayPal or check.
Cashouts are through PayPal.
9. InboxDollars (Surveys)
The next thing you can do is sign up for InboxDollars which pays you, in cash, to watch fun videos & take surveys.
If you sign up before the end of December, they also give you a $5 free bonus just to give it a try.
By spending just 5-10 minutes per day on this (either on your lunch break or during TV commercial breaks) you can earn and earn an extra $50/month.
For those who want to earn some extra money online, InboxDollars is a helpful option. It offers several paid surveys. You can get rewarded by completing the questionnaires. The more surveys you complete, the more you can be rewarded. It is among the easiest ways to make money online.
More people should be doing this!
So this happened. I bought something online from Target. The price of the Keurig cups I purchased dropped in price after the fact.
I effortlessly got refunded without doing a thing.
I didn’t have to do anything, other than originally sign up for Paribus.
It's as simple as that.
|This free app will scan your emails for any purchase receipts from dozens of online retailers. You don’t even have to know about the price drop in order to get your refund. It’s 100% free and will save you a lot of money. I pocketed around $50 in the first few weeks of signing up. Remember, it’s 100% free!|
Acorns: CNBC calls it “the new millennial investing strategy.” Once you connect the app to a debit or credit card, it rounds up your purchases to the nearest dollar and funnels your digital change into an investment account. Sign up to try it risk-free with a $5 sign up bonus.
Interested in investing your own spare change? Check out Acorns for the details.
Remember, you’ll get a $5 bonus when you sign up and make your first investment!
The sooner you start investing, the sooner your money can start to grow toward your goals.
Did you know that you could lend out money and earn passive income?
As of recently, this has become known as great return on your money, investors have started putting their money into peer-to-peer lending companies like LendingClub.
Lending Club is a great platform for peer to peer lending. Through this site, you can not only help others by lending money but also get a reward in the form of interest. Thus, if you have some extra cash and you want to multiply it, you can join the LendingClub P2P. Become an investor and receive interest along with the principal amount.
How does it work? By lending out your own money to peers in the form of personal loans, you are able to earn interest – similar to the way that banks and other lenders produce income.
|Need Extra Cash — For Free?
If you enjoy getting paid for surveys, I would recommend you try Ipsos-iSay. Ipsos is the most fun and highest paying panel. Give it a try to see how you like it. It is free anyway!
The best part? It's so easy to open an account and begin investing in this passive income venture.
But, think of it like this – if you put only $345 into an investing account at Lending Club and earned 14% year (pretty easy to do at Lending Club, you'd have $180,377 saved up in 30 years! Talk about a money making app…
13. Panda Research Surveys
Taking online surveys with Panda Research to make extra money is a no-brainer! You definitely won’t get rich or make hundreds of dollars per day with survey alone, but you won’t waste much time, and you can make some money the easy way. It is my one of my favorite (and highest paying) survey site:
Panda Research: This is a free survey site for your phone that pays you to take online surveys, participate in focus groups, and try new products. Panda Research is a remarkable site that helps to earn some quick cash just by completing the paid surveys. By participating in their market research, offers and surveys, you can get discounts and coupons. Besides, you can also refer others and get some additional income for yourself. Visit Panda Research now and sign-up for free to participate in a membership survey.
And, I really mean free all around – free to join and they don’t charge anything to be a member (they will actually pay you in points which you can use to get Amazon gift cards).
Join for free through this link and get your free $3 bonus.
|Panda Research pays up to $50 per survey, and many of them take less than 5 minutes to complete. It is one of the highest paying survey sites that actually works. Click here to start making extra cash with Panda Research.|
Have you heard of MyPoints? It’s a cash-back site that pays you to shop online. I love it because it lets you earn cash for the shopping you would do anyway.
You can also earn money through multiple other methods. You can choose to watch some videos, play games, read emails, and fill out the online surveys in return for some points that you can later redeem for gift cards. It also offers points for shopping online. My point is affiliated with over 75 known merchants, and you can get a gift card of your choice.
And right now, you can earn a $10 Amazon gift card with your first purchase at any retailer through MyPoints!
Here’s how it works…
- Sign up for MyPoints here (you just need to give them a name and email address).
- MyPoints will instantly send you an email to confirm your email address. You’ll need to click that to get the free gift card.
- You’ll also need to purchase $20 worth of products at any of the more than 1,900+ top retailers like Walmart, eBay, & Amazon. MyPoints will reward you with 1,750 bonus points that you can redeem for a $10 Amazon gift card.
That’s all! It’s basically $10 off anything you buy.
15. Drop App
What is drop? Drop is the first flexible, consumer-led, intelligent mobile rewards platform focusing on the user experience.
With over 1 million members, Drop is one of the fastest growing apps and recently hit top 3 in the App Store under Lifestyle.
Through the app, members link their debit and credit cards to automatically earn points, eliminating the need to scan receipts, enter promo codes or sign up for additional loyalty programs.
Drop lets members earn points and instantly redeem rewards while shopping at all their favorite brands.
How it works
- Click here to download Drop and get 1000 free Drop points on me
- Earn points as you shop at top brands with Drop.
- Redeem your points for cash rewards, when, and where you want.
Why is it so great?
Make every day more rewarding. Earn points from shopping at your go-to brands – like Uber, Amazon, and Starbucks – all without a clumsy loyalty card. Then redeem those points for gift cards at all your favorite brands, directly from the app. It’s that simple.
16. Long Game Savings App
Long Game is a Savings account that features cash along with crypto rewards. Download this application and open your interest-bearing and FDIC-insured Long Game Savings account for free.
By depositing through Long Game, you can earn .1% interest in addition to the fair chances of winning cash prizes. The best part is, the app is completely free to use. Download it now and make some real economic progress.
To begin earning money, download the Long Game app.
Once downloaded, you will need to create an account and link your bank information. If you are uncomfortable with your personal account, you can set-up a new account with your bank of choice. To open an account, you will need to provide bank information, name, address and a social security number. You can then fund the account for as little as $5. By funding the account and setting up a reoccurring deposit, you can earn free coins to play games.
How does it work?
1) Click here to create an account, you just need to connect your bank account.
2) Then set how much you’d like to automatically save.
3) Get saving right away, because you’ll get a “bonus” in your first week: 40 coins per $1 auto-saved and 3 coins per $1 deposited. That’s free money!
4) Once you link your bank account, you’ll earn 300 points, so you can start playing right away for free.
17. Dosh Cash Back App
Looking for easy money? Dosh is the free cash back app that finds you money for shopping, dining out, and booking hotels and travel activities with more than with more than 100,000 merchants and brands nationwide.
It is one of the most popular apps through which you can earn a significant amount of cash. It is available for both the iOS and Android. Unlike other similar cash back apps, it is easier to use. All you are required to do is download the app and connect your credit card to it. You will receive a significant portion of the cash back in the Dosh wallet when you pay through the card at about 1000s of restaurants and stores.
Heard enough? Click here to get started with Dosh and get a $5 sign up bonus. Or click the image below.
MySurvey is a fun way of earning some cash and exciting prizes. As the name indicates, you just have to participate in the surveys, and you will get paid. Interestingly, you can get registered for free. There is no membership fee.
How does it work?
- Join MySurvey for free here.
- Complete the online surveys anywhere and anytime.
- You will be rewarded with points.
- You can redeem the points for money, gift cards, e-certificates and some other gift products.
It is known as one of the #1 paid survey site. Take paid surveys anytime and anywhere via PC, Laptop, Tablet, Cell Phone or Mobile App. Join MySurvey Now
Need Second Income Opportunities?
A ton of people are searching online for second income stream ideas.
In fact, these are the top searches on Google that relate to “Second Income Stream Ideas 2018“:
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Over 100,000 people search for these terms each month! Well, look no further, because if you wanted more ways to make money online besides these second income stream ideas, here's one of my favorite resources to make money online: Genius ways to make $500 fast!
If you wanted to get more money making ideas, we have you covered with our list of 22 Apps That Pay You Real Money via PayPal.
|6 Tools to Put More Money in Your Pockets
Our hand-picked money tools to help you attain financial freedom.
|1. Make money fast by taking online surveys. This is a free survey app for your phone that pays you to take online surveys, participate in focus groups, and try new products. And, I really mean free all around – free to join and they will pay you in cash via PayPal. Get free registration bonus when you join through this link.||>|
|2. Refinance your student loans and save money. Save on your student loans by refinancing through CommonBond. Interest rates start at 2.72% APR, saving borrowers an average of over $24,000 per year.||>|
|3. List your spare space and make $1200+ a month. Are you interested in seeing what your income potential could be by listing a spare room on Airbnb? See how much people are making from listings in your area, then make your own!||>|
|4. Make money by investing in real estate with as little as $500. You can now invest in large-scale real estate for as little as $500. If you’re interested, I recommend you sign up for more information from Fundrise by clicking here.||>|
|5. Interested in finding easy ways to save? Then you should know about Trim! This app will go to work right away. After signing up, you are able to save $100/mo as it automatically negotiates your cell phone, cable, and internet bills. It's saved it's members $1,000,000 in the past month, so download this free app that can help you save!||>|
|6. Download the Nielsen app and claim $50 this year. Nielsen will pay you $50 a year to keep their app on your mobile phone and they also give away $10,000 each month. So you can possibly make more than $100. Sign up through here for a bonus.||>|