The current cost of living has made many Americans prioritize making money quickly. According to Google search trends data, searches for “how to make money” and “how to make money fast” are on the rise. A recent survey by Cardrates found that over half of young Americans spend more than half of their salaries on housing costs.
To overcome this challenge, experts recommend five simple ways to make more money in 2025:
Firstly, investing in yourself is key. Learning a new skill can boost your career and increase your earning potential. The top skills in demand this year include prompt engineering, applied GenAI, data analysis, cybersecurity, and business optimization.
Secondly, obtaining a professional certificate can help you stand out to employers. Many certifications are available free of charge, and the U.S. Department of Labor is encouraging employers to hire based on skills over degree requirements.
Thirdly, freelancing can be a lucrative way to make money. While it requires hard work and persistence, many Gen Z and Millennials report being profitable within three months of starting their side hustle.
Fourthly, building passive income streams can provide financial security. This can include investing in real estate, stocks, high-yield savings accounts, or selling photography online.
Lastly, gig work through platforms like rideshare and food delivery apps, or sites like TaskRabbit, can be an excellent way to make money on a short-term basis.
By implementing these strategies, individuals can take control of their finances and start making more money in 2025.
Source: https://www.forbes.com/sites/rachelwells/2024/12/26/5-easy-ideas-to-make-money-fast-in-2025