How to make money on the side in the military

That being said, a surprising number of service members have a second job, or hustle, to make some extra money. I have dabbled in several military side hustles throughout my career. I have done a lot of the ideas listed below, and have friends that have done the rest of them! This guide will help you determine which military side hustle s will best fit your occupation and provide the best return on your invested time! Believe it or not, you are actually required to get permission from your command in order to work a second job. Finally, they need to verify there are no ethical concerns with the part-time job. Every branch of service has a different process for approval, but I have generally just asked my Officer in Charge OIC for approval. They will run it by the Commanding Officer for approval. Technological advances have brought many new opportunities.

How to Make Extra Cash on The Side with a Full-Time Job

When I was deployed in Afghanistan, people started to get into some pretty odd things. Some people picked up Magic Cards. And many suddenly turned in their minds into the next Warren Buffet who could predict the next big stock. Guys that have never read an investment book or blog in their life, suddenly found their way to somehow eek a little more out of their paychecks. But I do it somewhat differently. Creating multiple streams of passive income has been my preferred method of investing. Passive income is money that shows up in your bank account without you actively working for every one of those dollars. You could look at stock investing as passive income, but I prefer to put a little more work into the success of what I invest in, in order to actually influence whether or not I make money from that investment. Do we prefer that soldiers spend their evenings in bars or watching Netflix? I will be writing individual posts about all of the side businesses I started during my nine years in the Army. Not all of them made me significant amounts of many, but some of them did. When I was a Lieutenant, I made more income than my Colonel in charge of me. I left the Army after nine years of service to follow my dreams of starting a business.

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I write to hopefully help those that are like me.

Job Hunting Tips for Military Families

One in three employees with a full-time job in held a second job, mostly to bring in more cash. A second job can bring in much-needed extra cash, provides additional job stability even in uncertain times and means plenty to do during an average workweek. The US military does provide wages and benefits, but with the rising cost of living and with families sometimes finding their expenses increasing, many military families turn to additional work to raise extra income. In addition, military spouses and family members sometimes have their own reasons for seeking extra work. They may like the idea of extra spending money or they may want to build their resume, even when stationed overseas.

How to make money on the side

First Name. Think of Ibotta like your normal store rewards cards on steroids. How would you like to clear some space in a closet, attic or basement and make a little money at the same time? Are you stressed out attending classes and working two side jobs? Dominique Linder. How to shop for car insurance. Are CDs a good investment? And while that may come as a surprise to many of you, to others, it merely confirms the figurative writing on the wall. If you already have a full-time job or stay home with your children, time could be a real issue when it comes to finding a profitable side gig. At least the majority of Americans now think so. As with mystery shopping, carefully vet companies before you apply. How to choose a student loan. World globe An icon of the world globe, indicating different international options.

18 Ways to Make Extra Money with a Full-Time Job

So what can be done to maximize your income with the least amount of effort? For military folks, there are a surprising number of options. Here are some ideas, starting with the easiest. Maximize your current pay. There are at least nine components of military pay that increase or decrease depending on the circumstances facing the servicemember.

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By understanding how military pay works, you can maximize your pay by doing some relatively little things. Getting extra training and education is the best way to increase pay by specializing your skills, and the added education may ultimately get you a better civilian job. The military pays for it, so why not take advantage of it? Also, monitor your budget on items such as food and housing. Better to pack a lunch and eat out occasionally so you can pocket the extra cash. Again, the key to maximizing your current pay is taking advantage of the military pay. Make use of Per Diem pay. Most servicemembers view travel as the ultimate boondoggle, blowing through their Per Diem pay and more by going out to restaurants every night, buying gifts and otherwise living it up. By contrast, my homebody husband uses travel as a chance to pocket Per Diem pay. On a recent day trip to North Carolina, his first stop was the grocery store, where he loaded up on items for bag lunches and easy-to-make dinners. Hold off on having kids. A big myth in the military is that you get more benefits once you have kids.