- If you wanna increase how much money you have available
to save and invest every month,
then you have to do one of two things.
The first is by cutting back in certain areas of your life,
in the video I made about
how I save and invest 70% of my income every month,
I touched on a whole bunch of ideas for you.
The second way is by making more money.
An easy way to do this, is by finding a second job.
Not just any second job though,
a job that can make you at least an extra $100 a week
and in most cases earn you a lot more than that.
So in this video,
I'm gonna go through some high-paying, part-time jobs,
that can help you increase your income,
so that you're able to increase your savings rate
while also maximizing your time.
These jobs are gonna be for anyone
who wants to make some more money,
to have some extra cash on hand for general spending,
wants to put more money towards paying off their debts,
as well as anyone who needs to invest more
so they can eventually achieve financial independence
or retire early as well.
I wanna see you make some extra cash,
but I also want it actually be worth your time.
Hey, I'm Jarrad.
And on this channel, we like to talk about
all things personal finance and investing.
Before I get too deep into this video,
I just wanna mention that,
looking for a high-paying, part-time job is good.
And if you need one, then that's great,
but while you look for,
and work this high-paying, part-time job,
I'd like to see you continuing to work towards
making more money at your full-time gig,
whatever that is.
Who knows?
This part-time job could eventually turn into
your main source of income.
Either way, you need to continue to push the limits
and maximize your income,
whenever you get the chance
to kind of set yourself up for the future.
I don't care what anyone says,
there is no such thing as making too much money.
But, there is a such thing as making too little money.
As we go through these high-paying, part-time jobs,
you'll notice that I'll give you a mixture of suggestions,
where you work for someone else
and others where you work for yourself.
While you can make some pretty decent money
working for someone else,
there is most likely going to be some sort of ceiling
that you will eventually hit.
A higher earning potential lies within those part-time jobs
where you work for yourself,
because you are in more control of the variables,
you first need to assess the skills that you already have.
If you notice that you're lacking in marketable skills,
then we need to work on the education piece of the process
to get your skills up to a level,
where someone would pay you.
You most likely already possess the skills needed
to start working in a few of the jobs
that I'll mention later in this video.
But it's still good to take stock of what you already know.
I made a video to help you get started
with uncovering those skills you already have.
So check out that video after this one,
the link is in the description.
For example, a few years ago,
I started training people in physical fitness stuff
out of my garage,
and I was also creating training plans
and nutrition plans for people as well.
I was making anywhere between $40
and $70 an hour doing this.
Now this didn't happen by accident though,
I had acquired the skills over the years
by doing a lot of it myself,
as well as educating myself on a consistent basis.
The extra income not only helped me pay off
$82,000 in debt faster,
but it also essentially paid for all of the equipment
that I now have in my garage gym.
Please Hulk smash that thumbs up button
because you're like the corner piece of a puzzle,
without you I am completely lost.
The first high-paying, part-time job out there
is a bartender or server.
Now restaurant work in general
holds a special place in my heart.
I worked in various restaurants for 16 years,
I've done every job you can think of
in restaurants and bars,
from waiting tables, to cooking, to managing,
to bouncing into bar, to bartending.
Pro tip, if you ever wanna reason
to never get really drunk ever again,
then go hang out in the bar sober until closing time
and just watch the people.
Working in the bar over the years gave me this glimpse
of what I must have looked like,
when I was hammered drunk back in the day.
I'm not the biggest drinker
and can't tell you the last time I was actually drunk,
so I still enjoy going to the bar,
to partake in some people watching from time to time.
Bartending in certain positions,
are by far the most lucrative jobs within a restaurant.
I've seen many times where these two positions
make more money than the actual manager.
The last part-time restaurant job I worked at,
I was making anywhere between $800 and $1500 per month
by just working on the weekends.
So I was making anywhere between 17 and $32 per hour,
This can of course vary
depending on the area that you live in.
Another benefit of restaurant work
is that you meet some really cool people,
the people you work with are fun
and the people you serve are just as interesting.
You form a really close relationship
and build those long-lasting friendships
with all of your co-workers,
since you work really close together with everyone.
Some of the most entertaining times in my life,
came from working in a restaurant and bar.
Another pro tip,
please don't date anybody you work with at a restaurant.
I've done that in the past,
and it's turned into a mess.
The next high-paying, part-time job
that's out there for you,
is a virtual assistant.
With more and more businesses based on the internet,
the world is becoming more and more flat
in terms of career opportunities available to you.
You can live in South Carolina
and work for an entrepreneur,
that's based out of California or Montana
or one's that's even in a whole different country
than where you're at.
Virtual assistant is a very broad-job title for good reason.
Entrepreneurs need more help than ever,
just trying to accomplish smaller tasks
that don't make sense for them to do on a day to day basis.
The tasks that they could hire you for,
could range from answering emails,
to data entry,
to customer service support,
to research,
to helping them manage customer invoices,
and so many more things.
The best part about most of these jobs
is that you probably already know
how to do a lot of the work,
I would go as far as saying that 90% of you,
could do any of those jobs that I named right now.
Think about it,
if you get hired on with a good entrepreneur,
then they'll be able to give you a lot of the direction
on how they want this work done and managed.
Just like any job,
as you build up more and more experience,
you'll be able to charge a higher price for your services,
and probably eventually become an expert in a certain field.
The hours that you're gonna be needed
will depend on the particular job that's out there.
I've seen them range from one to three hours,
five days per week,
to even one to three hours, three days per week.
This is the perfect way to spend your evenings
once you get out of work from your full time job,
I would recommend heading over to upwork.com,
freelancer.com,
or go search a virtual assistant jobs on indeed.com,
create a profile so that people can search for you
and even start applying for open positions
that you see out there.
New jobs are posted on a regular basis,
so go poke around to see what's out there
and the types of work these people are looking for.
The hardest part is starting,
so you've just gotta apply for that first job
and see what happen happens.
If you have fingers,
a keyboard,
access to the internet,
and you're able to type words that you hear,
then you should consider becoming a transcriber.
The job is pretty basic and straightforward.
All you do, is listen to some sort of audio or video
and type out what the person is saying.
I paid for this service
on every one of the YouTube videos that I release,
because I wanna make sure that someone can watch
and understand the words that are coming out of my mouth
if they're hearing impaired.
So that's where this service comes in.
I personally use the website rev.com for this service,
I'll throw a link in the description,
to check out their freelancer page,
so that you can sign up if you're interested in it.
If you get hired to write out captions for videos,
then you could make anywhere between 45 cents and 75 cents
per audio minute.
So, if we plan on you working,
we'll say 50 minutes per hour,
then that means you have the opportunity
to make anywhere between $22 and $37 per hour.
The hours are extremely flexible,
since you do it on your own time.
You also get a big bonus if you are bilingual
and able to translate a foreign language.
That work pays anywhere between $1.50 to $3
per audio minute.
Like I said, I use rev.com,
but I know there's a lot more out there
for you to choose from.
Dog sitting has become one of my favorite
high-paying, part-time jobs.
Let's face it,
people who really care about their pets
are willing to dish out high dollars
to take care of their furry little friends,
including myself,
I've done a ton of dog sitting over the years
and I've even hired people to watch my dogs
while I was out of town.
Mainly because I would rather take my dog
somewhere I know she's going to get
that one on one attention,
as opposed to taking her to a larger facility,
where there's 30 extra dogs around.
This is where you come in if you really enjoy dogs,
the easiest way to get started with this work
is through the app Rover,
you're able to charge whatever rate that you want,
so I can't put an actual a dollar amount.
But, as you get more positive feedback,
you're able to charge higher prices.
I know that when I look for a dog sitter
through the Rover app,
I'm looking at the ratings more so than I am the prices,
I am willing to shell out an extra,
we'll say 10 to $20 per day
for my dog to be taken care of
by someone who has really good feedback.
If you're able to build up a big enough client base,
you can just create your own website
and start doing it on your own.
Cut out the middleman,
so that you can take home a lot more of the profit.
The Rover app probably doesn't want me saying that,
but, oh well.
I actually hate taking my dog
to a place that boards a lot of dogs at once,
because she always seems to come home
with a ton of scratches
and acts really funny,
whenever I pick her back up from these places.
They don't seem to properly acclimate new dogs
to the big group of dogs they have in their facilities.
People like me are willing to pay a lot more
to know our dogs are safe, happy
and not gonna come home worse than we took 'em in.
Next we have a travel agent.
Now this one might sound like it's something
no one would ever pay for,
but I completely disagree.
Even though there're websites out there
like KAYAK, Orbitz, Priceline
doesn't mean that someone isn't willing to pay you
to handle all the scheduling and booking for them.
People who have some money to throw around
are willing to pay a lot of money
to outsource a lot of this headache for themselves.
If you're someone who enjoys
the scheduling and logistics of this type of thing,
then you'd be perfect for it.
Always keep in mind that
even though you wouldn't pay for it,
doesn't mean someone else wouldn't.
If you know that your target market are people with money,
then you should market yourself
as a high-end travel agent service.
You're not looking for people like you or I
who are trying to save a buck.
You could even focus on specific types of trips,
your focus could be on trips to Europe,
or cruises, or tropical vacations,
or outdoors-focused as well.
The possibilities are endless
and will all depend on what you know
about that specific vacation niche.
This could be taken one step further,
where you create a whole website
that is dedicated to vacations or trips
to specific parts of the country, or world.
Not only would you be informing the potential traveler
about the area that they'd like to go,
but you'd also be able to offer the actual planning
of that trip for a specific fee.
The next high-paying, part-time job I have for you,
is where you teach students overseas online.
Two of my buddies and their wives
have been doing this for years and they love it.
The one couple of teachers on VIPkid,
and the other teachers through website called gogokid.
The requirements are that you have
at least a bachelor's degree.
Once you pass the interview,
which I'm told is extremely easy,
you can start earning around $22 per hour.
Each class is 30 minutes long
and you're able to schedule your work-hours
based on when you're available.
It is extremely flexible.
Both of those couples have kids
and they wanted to start earning some extra cash.
So this is what they decided to do,
since it is so simple.
They all like to login
first thing in the morning before work,
to teach one or two students,
then do the same thing on the weekends.
The more consistent you are,
the more likely you'll start to get the same students
that will wanna sign up with you.
This has been a simple way
for each of them to earn an extra $500 per month,
from home without doing a lot of extra work.
I actually help my buddy's wife make a video
where she explains the whole process,
of getting started with gogokid.
If you want some more info on it,
I will throw a link in the description to that video.
Links to everything else that I mentioned
is down in the description.
I also have links down there for all kinds of playlists,
to help you out with all of your personal finance needs.
Please make sure to Hulk smash that thumbs up button
and leave a comment down below
of some of the high-paying, part-time jobs
that you know of.
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I'll see you in the next one friends, adios.