10 Ways to Make Extra Money From Home


1
Teach College-Level Classes
Not all college classes are taken in person. There's a growing demand for online courses. Scott Quinn Photography/Photographer's Choice/Getty Images

As the number of online courses offered in the U.S. continues to bloom, so does the number of opportunities to work as an online college professor. Granted, you'll need to have (or put) a few basics in place, including an advanced college degree (usually a master's degree, at least) and expertise in your specialty. Pair this with good written and interpersonal skills, and you may find yourself well suited for remote instruction. This type of work requires computer skills, too. You'll often use a portal designed to communicate with students, post assignments and host classroom chats. An online college professor can expect to earn an average of $56,000 a year [source: EduChoices].

Although you'll need to be available at regular times to host classes, the rest of your schedule is up to you. You can grade papers at midnight or schedule a planning session at 5 a.m. On-campus profs may give you a hard time for "phoning it in," but in some respects, teaching an online class can be more difficult than teaching one that meets face-to-face. You'll need to extend extra effort to engage and retain students in this virtual environment. If you have a passion for teaching online, but lack a master's degree, take heart: There are an increasing number of virtual schools for K-12 students, and most require teachers to have just a bachelor's degree.

Author's Note: 10 Ways to Make Extra Money from Home

Having worked in newsrooms, corporate environments and a home office, I'd have to say my home office wins -- hands down. (I do have to admit newsrooms are pretty entertaining, though.) The best part of working at home is the productivity. I discovered, early on, that what used to require a week's worth of work in an office took only three days at home. And this left time to take on more work that I enjoy. I've run across reports of telecommuters getting more done for less money, and I understand the attraction. When you don't have to extend a large portion of your pay to wardrobe updates, vehicle maintenance, fuel and lunches with co-workers, there is more to go around. -- LD

Related Articles

More Great Links

Sources

  • Adams, Alice. "My Journey as a Legal Nurse Consultant." (Nov. 16, 2012) Nurse Together. http://www.nursetogether.com/Career/Career-Article/itemId/2933/My-Journey-as-a-Legal-Nurse-Consultant.aspx
  • Avon. "The Avon Lady through the Years." (Oct. 6, 2011) http://www.avoncompany.com/aboutavon/history/avonlady.html.
  • Bureau of Labor and Statistics. "Occupational and Employment Statistics." (Oct. 6, 2011) http://www.bls.gov/oes/current/oes273043.htm.
  • Bureau of Labor Statistics. "Work-at-Home Patterns by Occupation." (Oct. 6, 2011) http://www.bls.gov/opub/ils/pdf/opbils72.pdf.
  • Direct Selling Association. "FAQs" (Oct. 6, 2011) http://www.dsa.org/about/faq/
  • EduChoices. "Average Salary of an Online Professor." Sept. 3, 2009. (Nov. 16, 2012). http://educhoices.org/articles/Online_Professor_Average_Salary_of_an_Online_Professor.html
  • Ezarik, Melissa. "10 Best (and Real) Work-at-Home Jobs." (Oct. 6, 2011). http://finance.yahoo.com/career-work/article/107428/10-best-and-real-work-at-home-jobs.html?mod=career-leadership.
  • Goudreau, Jenna. "Best-Paying Work at Home Jobs." Forbes. Sept. 27, 2011 (Nov. 16, 2012). http://www.forbes.com/sites/jennagoudreau/2011/09/27/the-best-paying-work-at-home-jobs/
  • Federal Trade Commission. "Work-at-Home Schemes." (Oct. 6, 2011) http://www.ftc.gov/bcp/edu/pubs/consumer/invest/inv14.shtm.
  • Internal Revenue Service. "Business Taxes." (Oct. 6, 2011) http://www.irs.gov/businesses/small/article/0,,id=98966,00.html.
  • Lesonsky, Rieva. "Making Money Cooking at Home." Entrepreneur.com. May 14, 2001. (Oct. 6, 2011.) http://www.entrepreneur.com/article/40490.
  • Mann, Sarah. "Addressing the Physician Shortage Under Reform." April 2011. (Nov. 16, 2012) Association of American Medical Colleges. https://www.aamc.org/newsroom/reporter/april11/184178/addressing_the_physician_shortage_under_reform.html
  • Medscape. "Medscape Radiologist Compensation Report: 2012 Results." (Nov. 16, 2012) http://www.medscape.com/features/slideshow/compensation/2012/radiology
  • Monster. "Seasonal Tax Preparation Jobs." (Nov. 16, 2012) http://ledgerlink.monster.com/benefits/articles/69-seasonal-tax-preparation-jobs#comment_form
  • Public Health Department, Seattle and King County, Wash. "How to start a catering or home-based food business." (Oct. 6, 2011) Rocky Mountain Insurance Information Association. "Home-Based Business Insurance." http://www.rmiia.org/business/home_business_insurance.asp.
  • http://www.kingcounty.gov/healthservices/health/ehs/foodsafety/FoodBusiness/catering.aspx.
  • U.S. Census Bureau. "Census Bureau Report Shows Steady Increase in Home-Based Workers Since 1999." (Nov. 16, 2012) http://www.census.gov/newsroom/releases/archives/employment_occupations/cb12-188.html
  • U.S. Census Bureau. "Profile America Facts for Features." (Nov. 16, 2012) http://www.census.gov/newsroom/releases/archives/facts_for_features_special_editions/cb10-ff15.html
  • U.S. Department of Labor. "Software Developers." (Nov. 16, 2012) http://www.bls.gov/ooh/Computer-and-Information-Technology/Software-developers.htm
  • U.S. Department of Labor. "Tax Preparers." (Nov. 16, 2012) http://www.bls.gov/oes/current/oes132082.htm
  • U.S. Small Business Administration. "Business Structure and Tax Implications." (Oct. 6, 2011) http://www.sba.gov/content/business-structure-and-tax-implications.
  • U.S. Small Business Administration. "Register your fictitious or 'doing business as' (DBA) name. (Oct. 6, 2011) http://www.sba.gov/content/register-your-fictitious-or-doing-business-dba-name.

UP NEXT

5 Ways to Save Money (Besides Giving Up Lattes)

5 Ways to Save Money (Besides Giving Up Lattes)

HowStuffWorks talks to financial experts to find out the best ways to save money every day. And none of their advice includes giving up Starbucks.


More to Explore