How To Make Money Quickly In Canada
Whether you want to fast-track a student loan repayment, begin an emergency fund, or set up a savings account, there are various ways on how you can earn those Canadian dollars.
You can make money fast by entering part-time digital work, gig economy jobs, or side hustle opportunities. Let us explore some of these income streams so you can make money quickly in Canada.
Make Money Fast in Canada
There is no limit to the opportunities for making money. Whether you’re doing it on a full time or part-time basis, there are many ways you can achieve financial independence. Here are some of the most effective and proven ways to making money in Canada.
Participate In Market Research
If you have a stable internet at home, answering online surveys is one of the easiest ways to earn big bucks. First make sure that you working through sites that reliable and legitimate. There are scams in this arena and you need to be careful.
Listed below are examples of websites that are accessible in Canada.
- Daily Rewards: Earn cash depending on the length of the survey, and they also give a $5 sign up bonus. This is the Canadian counterpart of the famous USA website InboxDollars.
- Pinecone Research: Rewards from surveys range from $3 to $5 in this site and usually takes 10 to 15 minutes to complete.
- Maru Voice: Most of the surveys here last for around 5 to 10 minutes only. If you happen to stay in the United States for a time, you may also sign up in their sister-site called Springboard America.
- Swagbucks: This is one of the most reliable market research sites out there. In fact, its members have received a total of $330 million to date.
Once you have finished a survey, you may redeem your rewards using Paypal cash. You typically also the have the option of converting your survey credits into gift cards of popular retailers such as Target, Walmart, Amazon, Starbucks, and others.
Tell Them What’s In Your Fridge
Are you familiar with the Nielsen Company? Many individuals know of the Nielsen Ratings which tracks and ranks TV shows. However, it added another piece to their business over the years. They collect data from consumers to help retailers market better and are specifically interested in what’s in their fridge.
Its website, called the Nielsen Consumer Panel, is the source of the survey. After you sign up on their site, they will send you a free barcode scanner that you can use with your smartphone. Every time that you shop, your task is to scan the UPCs located at the back of each product.
As you scan your items, you are sending your product usage to Nielsen which then monetizes that data to other companies and marketers.
Online Home Tutoring With VIPKID
VIPKID is known to be an online video chat platform dedicated to teaching English to children in China. What’s good about this job is that the hours are flexible, the work location depends on your convenience, and the pay is higher than other tutoring jobs. The lessons are quite easy as well, and they require minimal preparation and post-work.
For VIPKID to accept you as a tutor, you have to fulfill the following requirements:
- Graduated and earned a bachelor’s degree
- Should be a native English speaker who also has a North American accent
- Should have a minimum of one-year experience with children and youth (e.g., tutoring, coaching, Sunday school, sports teacher, or scout leader)
VIPKID pays around $14 to $22 per hour – depending on the difficulty of the lessons and the tenure of the tutor.
Test Websites And Online Apps
Believe it or not, some companies pay you to try an online app or visit a website so you can provide your honest feedback. The reason why they are doing this is to see whether their projects are effective to their target audience. For this job, you will need either a smartphone or a computer. You might also be required to have a stable internet connection just to ensure that you will have a complete user experience.
Here, you can earn approximately $10 for every 20 to 25 minutes spent in testing the apps and websites. There are instances, however, that the pay will increase up to $60 should there be a required live conversation with the client.
Sites that offer website testing and are accessible in Canada include:
- TryMyUI ($10 per test)
- Usertesting ($10 to $60 per test)
- Analysia ($10 per test)
Join Online Trivia Games
If you are the type of person who is interested in trivia games and have pieces of useless knowledge in their brains, leverage on this and get paid. There are apps out there that encourage people to join their online trivia games and earn upon winning.
In Canada, you can download the app called HQ Trivia. It is a quiz show wherein a million players log on to the channel at either 3 pm or 9 pm to play. The “Quiz Daddy” and the game’s primary host in Scott Rogowsky. He asks a total of 12 questions with three-multiple choice options and 10 seconds time-limit to answer.
If you get to answer all of the 12 questions correctly, you will get to split the pot money with the other players in the platform who also completed the game. On a typical day, the grand prize is at around $5,000, but there are randomly chosen special occasions where the pot money reaches $25,000.
Dog Sit At Home
Do you know that there are a lot of Canadian locals who are looking for trusted pet sitters that can take care and accompany their dogs while they’re not around?
All you have to do is go to their houses and make sure that their dogs are taken care of. There are times that it’s only while they’re at work while there are instances that they’ll call you for a few hours in the evening or weekend.
If you’re in Canada, you can check out the website Rover. Rover lets you connect with pet owners that are looking for highly motivated and trustworthy dog sitters. Believe it or not, some individuals in this job earn around $500 monthly just from weekend dog sitting. Imagine if you do it daily, right?
Watch A Movie
Do you know that you can get paid for watching a movie?
Market Force Information invites people to see a film and ask for feedback regarding the show. All you have to do is fill up an application form that will determine whether you are capable of judging a movie technical-wise. This website is only accessible to people in the United States and Canada.
Once you’re accepted as an auditor, the company will then send out a few email alerts to let you know the new movie assignments in the area. Take note that you have the right to accept or decline any assignment. It will depend on whether it is your expertise or if it captures your attention. This job pays around $10 to $20 per hour of your time.
If you are proficient in English and are capable of reading and writing in another language, then you can use this skill to earn money. All you have to do is search for a viable company that needs translation services.
In fact, studies revealed that more and more companies are now looking for people to fulfill this job because of globalization. Many organizations have target audiences that are outside their countries, so it’s essential to hire a translator. The faster you complete your tasks, and the more experience you gain, the higher your rate will be. Expect to earn around $14 to $25 per hour for your services.
Earn Interest On Your Savings
A lot of people do not prefer putting their savings in banks. The reason for this is that most traditional banks give out low-interest rates, so you won’t really feel that your money is growing. Nowadays, however, there are online banks that pay higher interest rates once you move your savings on their platform.
In Canada, you might want to try either EQ Bank or Tangerine since they offer the highest savings rate. If you’re in the United States, you may avail of the services of Discover Bank.
Be A Transcriptionist
Transcribing is a great way to make money, which requires little to no prior experience. It also offers flexible working hours since it is an output-based kind of job.
Just a reminder, though. The work of a transcriptionist may sound easy – all you have to do is listen to an audio file carefully and type what you hear. However, it’s more than that. The task can be a little repetitive and requires a lot of attention to detail. You also have to make sure that what you’re writing has the right punctuation when written. It’s not enough that you’re only typing what you hear, the readers should also see that what you’ve written makes sense.
Despite this, the pay is quite a good selling point for entering this niche. As a general transcriptionist, you can earn around $15 to $25 per hour. This rate goes higher if you learn to specialize in either the medical or legal fields.
Earning money can’t be done overnight. Try out a few of these things on the list and check which one fits you best. With the help of these gigs, you’ll get to reach your financial goal in no time.
To help you have an idea of other side hustles you can try, you may read Chris Guillebeau’s book 100 Side Hustles: Unexpected Ideas For Making Extra Money Without Quitting Your Day Job.