8 Ways to Add Extra Income to Your Bank Account in Canada (2024)

O, the Great White North. Nova Britannia. Land of Maple Syrup. America’s Hat. The 14th colony. *Whispers* America’s friendliest neighbor.

It must be nice to have the best nicknames around.

And while we’re on the subject of best things, we thought you might also want to know about the best — and weirdest — ways you can pocket some extra Canadian dollars.

But you have to promise not to spend it all on poutine and butter tarts — only some of it.

Note: Monetary amounts are shown in U.S. dollars. Bank of Canada is a good resource to find the current exchange rate.

How to Make Money in Canada

We combed through all of our tips to filter out the best flexible ways to make money in Canada. You can do many of these without leaving the confines of your home.

7 Ways to Make Money if You Hate People

Do you avoid people too? In the past, there was almost no way around working with people if you wanted to earn a living, but things have changed.

Our team has compiled a list of creative ways you can fatten your bank account this month, without having to put up with people.

Enough small talk. Here are some ways to earn extra cash, without all of the social stuff.

1. Get Paid to Get in Shape

8 Ways to Add Extra Income to Your Bank Account in Canada (1)

Listen. Losing weight and getting fit is easier said than done.

But will a little bit of money motivate you?

It’s motivating Marcie Hagner, 44, who has placed a bet on her weight-loss goals through HealthyWage. If she can lose the 50 pounds she bet she could, she’ll pocket $862.

“Money is a huge motivator for me,” she says. “Especially because I don’t have a lot. I don’t want to give somebody $500, especially for something I can control and do.”

Read more about how she’s finding motivation to lose weight through HealthyWage.

2. Fill This out While Watching TV

We’re going to be real here: Survey sites aren’t our favorite way to make extra money, because it’s difficult to bag a lot. But if you’re just hanging out and watching TV, why not click a few buttons on your phone and turn your spare time into money?

Here are a few of our favorite sites for earning money in your free time:

  • SaskWatch Panel: Do you call Saskatchewan home? Insightrix’s SaskWatch lets you fill out surveys for rewards points you can redeem for cash. You’ll voice your opinion on social, political and consumer issues facing your community.
  • LifePoints Panel is a tried-and-true survey site that’s been around for a long time. This one is easy to use, even if you just have a few minutes to spare. You’ll earn cash and prizes for your opinions.

3. Tutor Kids (From Behind a Computer Screen)

8 Ways to Add Extra Income to Your Bank Account in Canada (2)

Did you know you can tutor kids — without leaving your house? And without them entering your house?

Chegg Tutors is open to applicants worldwide. There are tons of open tutoring subjects, from calculus to biology — even astrophysics.

To sign up as a Chegg online tutor, you must provide two forms of proof you are either currently or were previously enrolled in a university. You will also need a Facebook account. Once your profile is approved, you will be matched with students seeking tutoring in your subject. Tutors earn $20 or more per hour.

Skooli is a Canada-based company that offers tutoring for K-12 courses, as well as college-level classes.

If you are a certified teacher with a bachelor’s degree, master’s degree or specialized instructor qualification (like ESL), you can become an online tutor for Skooli. Skooli tutors are paid $25 per hour.

To apply, you must provide proof of qualifications and education. If they deem you a good fit, you’ll be approved and available to tutor students. Go the extra mile and receive full Skooli verification by also adding a criminal record check.

This extra step gets you a purple Skooli shield badge on your profile, which will garner more attention from parents and students (read: more money), and you could also qualify for special programs that not all tutors have access to.

4. Get Paid for Your Useless Trivia Knowledge

If you’re one of those people who can pull useless pieces of knowledge from out of nowhere, you’ll want to download this app.

It’s called HQ Trivia. With at times more than a million players logging on at 3 p.m. and 9 p.m. ET each day to play, you might’ve heard of it.

Pro Tip

Share your personalized HQ Trivia referral code with friends and family to get an extra life. Trust us. You’ll want it.

“Quiz Daddy” Scott Rogowsky is the game’s main host. He asks 12 questions. You’ve got three multiple-choice options and 10 seconds to answer each. If you get all 12 questions correct, you’ll split the grand prize (around $5,000 lately, though it’s been $25,000 or more on randomly chosen special occasions) amongst the other winners.

The HQ Trivia app is available for iPhone and Android.

5. Clean up Search Engine Mistakes

8 Ways to Add Extra Income to Your Bank Account in Canada (3)

Search engines use complicated algorithms to determine the results you see. But they don’t always get it right…

They’re actually full of errors, so companies need real humans to look at the results and judge them for quality, relevance and usefulness. That’s where you come in.

You can find search engine evaluator jobs through Lionbridge. You’ll take a qualifying test, and some companies also conduct a phone interview. Once you’re accepted, you can set your own schedule and work as much or little as you want.

6. Work From Home as a Transcriptionist

8 Ways to Add Extra Income to Your Bank Account in Canada (4)

Transcribing is a great way to earn cash that requires little to no prior experience and offers flexible hours and workloads. Plus, you can do it from home.

The work sounds easy: Listen to audio and type what you hear. But it can be repetitive and requires a lot of attention to detail.

However, the pay is a pretty good selling point: Earn around $15 to $25 per hour for general transcription, and more if you learn to specialize in the legal or medical fields.

7. Go Watch a Movie

If you want to get paid to watch movies, fill out an application with the mystery shopping company Market Force Information.

The application is just a few questions long, and nearly everyone in the U.S. and Canada is eligible.

Once you’re accepted as an auditor, keep an eye out for email alerts for new assignments in your area. You can accept or decline any assignments — so if a movie’s not even worth watching for $30, you don’t have to see it.

In-theater checks don’t come with huge paydays, but you’ll get a free movie and earn about $10 to $20 an hour for your time.

8. Sell Your iPhone Photos

8 Ways to Add Extra Income to Your Bank Account in Canada (5)

Those thought-out photos you take can get you more than just social media likes.

Upload your iPhone photos to stock photography sites. Many of them are trying to get away from the “perfect” photo and are looking for more realistic images. After a quick upload, you’ll get an email notification when someone purchases your work.

You likely won’t become a millionaire; sites like Foap pay about $5 per purchase. However, if you have a nicer camera, you can step up your game like Eliza Snow, who quit her corporate job to sell stock photos full time.

5 Companies That Send People Money When They’re Asked Nicely

When you log into your bank account, how do your savings look? Probably not as good as you’d like. It always seems like an uphill battle to build (and keep) a decent amount in savings.

But what if your car breaks down, or you have a sudden medical bill?

Ask one of these companies to help….

Explore:

Money From Home Make Money Online Side Hustles

Ready to stop worrying about money?

Get the Penny Hoarder Daily

Privacy Policy

8 Ways to Add Extra Income to Your Bank Account in Canada (2024)

FAQs

How to make extra income in Canada? ›

Some of the most profitable side hustle ideas to make extra money include:
  1. Starting a dropshipping business.
  2. Selling your own handcrafted products.
  3. Creating and selling your own designs.
  4. Selling digital marketing services through freelance work.
  5. Teaching an online course.
  6. Starting an affiliate marketing business.
Mar 20, 2024

How can I increase my monthly income in Canada? ›

Once you have a clearer idea of your options, consider one of the following ways to make extra money.
  1. Driving for delivery or ridesharing services. ...
  2. Turn a hobby into a side business. ...
  3. Use your skills for freelancing. ...
  4. Rent out your car. ...
  5. Complete paid surveys. ...
  6. Can you make money on social media?
Mar 6, 2023

How can I maximize my money in Canada? ›

Save and invest for the long term
  1. bonds, such as Canada Savings Bonds.
  2. mutual funds.
  3. index-linked deposits.
  4. stocks.
  5. long-term deposits.
  6. long-term guaranteed investment certificates ( GIC s)
Feb 23, 2024

How do you create passive income in Canada? ›

How to make passive income in Canada
  1. Renting property or possessions for passive income.
  2. Passive income from financial investments.
  3. High-yield dividend stocks.
  4. Investing in real estate for passive income.
  5. Peer-to-peer lending.
  6. High-yield savings accounts and CDs.
  7. Investing in businesses.
Apr 1, 2024

How do I declare other income in Canada? ›

Report on line 13000 of your return the total of all of your other income types. In the space to the left of line 13000, specify the type of income you are reporting. If you have more than one type of income, attach a note to your paper return giving the details.

How to have multiple streams of income in Canada? ›

Here are some ways to do it.
  1. 1 - Credit card rewards. Earning potential: Medium to High. ...
  2. 2 - Cash-Back Apps. Earning potential: Low. ...
  3. 3 - High-Interest Savings Account. Earning potential: Low. ...
  4. 4 - Robo-Advisor. Earning potential: Medium to High. ...
  5. 5 - Dividend Stocks. ...
  6. 6 - Digital Products. ...
  7. 7 - Dividend Stocks.

How can I earn 5000 per month in Canada? ›

$5000 month jobs
  • senior maintenance manager. New. ...
  • Physical Education Teacher. Fort Vermilion School Divison. ...
  • Plumber - Journeyman. ...
  • Class 1 Owner Operators (I-5 Local) Capped Fuel Price! ...
  • Payroll Clerk & Office Administrator. ...
  • Are you a newcomer to Canada? ...
  • Heavy Equipment Technician. ...
  • Storekeeper – MV Isabelle.

What side hustles pay the most? ›

These side hustles include:
  1. Marketing Strategy. This side hustle stands as the highest-paid side hustle of 2024, commanding rates of $178 on average. ...
  2. Mobile App Development. ...
  3. Presentation Design. ...
  4. Web Design. ...
  5. 3D Industrial Design. ...
  6. Brand Style Design. ...
  7. Packaging and Label Design.
Feb 28, 2024

How can I make $1000 fast in Canada? ›

How to make $1,000 fast
  1. Sell stuff you already own.
  2. Deliver food.
  3. Pick up a part-time job.
  4. Rent out unused space.
  5. Start freelance writing.
  6. Try affiliate marketing.
  7. Drive for a ridesharing service.
  8. Find odd jobs.
Jan 17, 2024

What is the fastest way to make money in Canada? ›

Taking on freelance gigs provides a flexible way to legally earn money fast in Canada. Thanks to sites like Fiverr and Upwork, you can get paid for short-term projects ranging from data entry to graphic design.

How can I make money without a job in Canada? ›

How to make money without a job
  1. Launch an ecommerce store.
  2. Sell stuff that you already own.
  3. Start a blog.
  4. Pick up odd jobs.
  5. Produce online courses.
  6. Sell print-on-demand products.
  7. Write an ebook.
  8. Rent out unused space.
Jan 17, 2024

What brings the most money to Canada? ›

Biggest Industries by Revenue in Canada in 2024
  • Commercial Banking in Canada. ...
  • Gasoline & Petroleum Wholesaling in Canada. ...
  • New Car Dealers in Canada. ...
  • Gasoline & Petroleum Bulk Stations in Canada. ...
  • Oil Drilling & Gas Extraction in Canada. ...
  • Supermarkets & Grocery Stores in Canada. ...
  • Automobile Wholesaling in Canada.

How do you accumulate wealth in Canada? ›

Home ownership is the primary method of accumulating wealth in Canada with nearly half of the household wealth amassed over the past three decades driven by residential real estate. At the same time, home ownership has never been less accessible.

How can I make money legally in Canada? ›

Take up freelance writing, transcription, investments, renting, virtual assistant work, blogging, niche websites, and a few side hustles to make an extra $1000 per month in Canada. These are all great ways to make money on the side and supplement your income.

How can I make $1,000 extra a month? ›

Fortunately, there are plenty of realistic and achievable ways to make an extra $1000 per month without sacrificing your current job.
  1. Freelancing. ...
  2. 2.1 Online Tutoring. ...
  3. 2.2 Writing and Editing. ...
  4. 2.3 Graphic Designing. ...
  5. Ridesharing. ...
  6. 3.1 Uber. ...
  7. 3.2 Lyft. ...
  8. 3.3 DoorDash.
Nov 11, 2023

How to make $10 000 a month in Canada? ›

$10,000 a month jobs
  1. Occupational Therapist Contractor. Wordplay Therapy Services. ...
  2. Occupational Therapist. Hiring multiple candidates. ...
  3. Sales Agent. New. ...
  4. Heavy Equipment Technician. Chinook Construction. ...
  5. Driller. ...
  6. Are you a newcomer to Canada? ...
  7. APPRENTI CONSEILLER EN PLACEMENTS **ANNONCE À JOUR MAI 2024** ...
  8. Painting Supervisor.

Top Articles
Latest Posts
Article information

Author: Cheryll Lueilwitz

Last Updated:

Views: 5568

Rating: 4.3 / 5 (74 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Cheryll Lueilwitz

Birthday: 1997-12-23

Address: 4653 O'Kon Hill, Lake Juanstad, AR 65469

Phone: +494124489301

Job: Marketing Representative

Hobby: Reading, Ice skating, Foraging, BASE jumping, Hiking, Skateboarding, Kayaking

Introduction: My name is Cheryll Lueilwitz, I am a sparkling, clean, super, lucky, joyous, outstanding, lucky person who loves writing and wants to share my knowledge and understanding with you.