5 Ways to Boost Your Income in Canada
The Penny Hoarder often shares flexible ways Americans can earn some extra income, but we can’t forget about you, our friendly northern neighbors.
Unfortunately, some of the money-making opportunities we typically share aren’t available in Canada. However, you’ve still got plenty of options, so we put together a list of ways to make an extra Canadian dollar.
How to Boost Your Income in Canada
We combed through all of our tips to filter out the best flexible ways to boost your income in Canada. You can do many of these without leaving your home.
1. Earn up to $69/Hour as a Small Business Owner
Can you open an excel spreadsheet? Does earning $69 an hour sound appealing? How about the freedom to work remotely while helping others succeed?
Those are the perks of working as a bookkeeper, says Ben Robinson, a CPA and business owner who teaches others to become virtual bookkeepers through online courses called Bookkeepers.com.
You don’t have to be an accountant or even really good at math to be successful in this business. In fact, all you need are decent computer skills and a passion for helping business owners tackle real-world problems. The ability to stay moderately organized is helpful, too.
You can make up to $69 an hour, according to data from Intuit, the creator of QuickBooks, and you have no commute. It’s a great opportunity for parents who want a part-time job, recent college grads or anyone who wants to bring in real money working from home.
Robinson shares what it takes to be a virtual bookkeeper, plus tips for making this career work for you in his free class at Bookkeepers.com. If you stick with the classes, you could be running your own business in just a few months.
2. Invest 15 Cents Into the Stock Market
Yeah, we know what you’re thinking: 15 cents? How’s that going to do me any good?
Well, that leftover change from your morning coffee and evening grocery hauls could turn into more than $1,000.
That’s what happened when Penny Hoarder reader Jeremy Kolodziej opened an investment account that invests your spare change.
One of these companies, a Canadian app called Mylo has a round-up feature that bumps each of your purchases up to the nearest dollar and puts the spare change into the stock market.
It’s like a virtual coin jar.
“You don’t even think about it, says Kolodziej” He used his spare change to mindlessly save $1,076 in about 20 months — and it paid for two vacations.
Plus, Mylo invests the money for you, allowing you to grow your savings — without studying stock prices or managing trades.
The app is $1 a month, and you’ll get a $5 bonus when you sign up.
3. Get Paid for Your Creative Skills
Have you got skills? Can you shoot photos, edit videos or design websites? Can you write blog posts or code? Can you draw?
If you’ve got game, list your services on Fiverr, an online marketplace for creative freelance services.
Gigs on Fiverr range from standard data entry and research tasks to the truly out-there. On any given day, sellers in the “Fun & Lifestyle” section are offering thousands of unique services — from polishing a Tinder profile to creating a family tree.
4. Get Paid When You Buy Burger King
We’re not telling you a Whopper — you can actually get paid to eat at Burger King.
That’s what makes Paymi so appealing.
With Paymi, all you have to do is link your credit and debit cards (no coupon clipping or hoarding receipts!). When you make a purchase at Burger King, Lowe’s, Gap or any of the dozens of Paymi’s partners, you’ll automatically earn cash that will be deposited back into your bank account.
Paymi is completely free to join.
5. Share What’s in Your Fridge
Remember the Nielsen company? The one that’s always tracked TV ratings? Well, now it wants to know what’s in your fridge.
Once you sign up to be on the Nielsen Consumer Panel, you can either use your smartphone, or the company will send you a free barcode scanner. Every time you go shopping, you simply scan the UPC codes on the back of each product and send your data to Nielsen.
Nielsen will reward you with gift points, which you can redeem for free electronics, jewelry, household items or even toys for the kids.
The longer you stay on the panel, the more opportunity you have to earn points toward prizes. You’ll also receive entries for the panel’s many sweepstakes. Prizes include vacations and brand new vehicles.
This post was originally published as 11 Weird (but Totally Legal) Ways to Make Money in Canada.