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Summer is here, and with it comes opportunities to boost your income! Feeling the pinch? Looking for a little extra spending money for vacations, fun activities, or paying down debt? Jeanne Thomas from the Bank of North Dakota shares practical and creative ways to earn some extra cash during the sunny months.

Smart With My Money, a state-supported website, is your go-to resource for understanding and managing your finances. We're dedicated to providing North Dakotans with the tools and knowledge they need to achieve financial well-being. This summer, let’s explore how to maximize your earning potential.

Summer Side Hustle Ideas: Beyond the Lemonade Stand

Forget the traditional lemonade stand (although that's a great start for kids!). Here are several ideas to consider, catering to different skill sets and time commitments:

• Freelance Work: Are you a skilled writer, graphic designer, web developer, or social media manager? Platforms like Upwork and Fiverr connect freelancers with clients needing short-term projects. The flexibility is a major perk – work when you want, on projects you enjoy.
• Gig Economy Services: Driving for ride-sharing services (Uber, Lyft), delivering food (DoorDash, Grubhub), or running errands (TaskRabbit) offer immediate earning potential. These are great options for those with some spare time and a reliable vehicle.
• Seasonal Jobs: Summer is peak season for many businesses. Retail, hospitality, and tourism industries often hire temporary staff. Look for positions at amusement parks, outdoor recreation centers, or local shops.
• Tutoring or Teaching: Share your knowledge! If you excel in a particular subject, offer tutoring services to students. Online platforms offer a wide reach, or advertise locally.
• Selling Unused Items: Clear out your clutter and turn it into cash! Sell gently used clothes, electronics, furniture, and other items on platforms like Facebook Marketplace, Craigslist, or eBay.
• Pet Sitting/Dog Walking: Many people travel during the summer, creating a demand for pet care services. If you love animals, this can be a rewarding and profitable side hustle.
• Landscaping/Yard Work: Offer lawn mowing, gardening, or other yard maintenance services to neighbors.

Financial Planning Tips for Extra Income

Earning extra cash is fantastic, but it's crucial to manage it wisely. Here are a few tips:

• Set Financial Goals: What do you want to achieve with your extra income? Paying off debt? Saving for a down payment on a house? Having clear goals will keep you motivated.
• Create a Budget: Track your income and expenses to understand where your money is going.
• Automate Savings: Set up automatic transfers from your checking account to your savings account.
• Avoid Impulse Spending: Resist the temptation to spend your extra income on unnecessary items.

Resources:

• Smart With My Money: https://smartwithmymoney.nd.gov/ - Your comprehensive guide to financial literacy in North Dakota.

Don't let the summer pass you by without taking advantage of these opportunities to boost your income and improve your financial well-being. With a little effort and planning, you can make this a financially rewarding season!