6 Graceful Ways To Make Extra Cash Beside Your Job In Nigeria

In my years working and during my time unemployed, how to make extra cash has always been in mind. There wasn’t any day I didn’t think of finding more ways to make extra cash. I tell friends and family even colleagues with varying levels of income that it was always good to have anotherBut, my goal happens to be the same for everyone I meet. There are enough ways to make extra cash even if you have a job but it requires you to know what you are looking for. I want to help rich families continue growing wealth while helping young families reach their financial goals.

While a lot of my work revolves around getting the right information out there for people to know, I also try to help them understand that there is nothing better than multiple income streams.

I have done this over the years that I have started to notice that my friends took the advice and most have different levels of income and have ways to make extra cash.

My Revelation About Multiple Income Stream.

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Not to brag, I have several income streams going on at the same time, including blogging at, my life insurance website, investing income, and my online course for digital marketing. so to make extra cash must be important.

How to Build Different Streams of Income

Simply put, more income streams equal more security. It’s hard to rely on a 9-5 job for your entire livelihood with layoffs and pay cuts always right around the corner especially in Nigeria. I don’t need to tell you how the Nigerian economy is and our level of poverty. With multiple streams of income, on the other hand, you can avoid putting all your eggs in one basket – and use several streams of cash to grow rich.

Today In: Investing

 If you’re angling for a brighter financial future and think several income streams sound better than one, here are some strategies to consider:

1: Diversify your investments. (Treasury Bills)

There are a ton of ways to diversify your investments, some of which can send real income your way. One of which is treasury bills. You can earn real returns when you invest in treasury bills. Of course, the flip side can also happen – as in, you can lose money. So, make sure you understand the risks before you dive in.

In addition to investing in Treasury bills, you can also invest in Fin-tech. One of which happens to be Piggy-vest. I’ve been using Piggy-vest for a few years, and my net annualized return was 4.02% percent last year. Picking the right investments is easy since the platform offers automatic investing, but you can also pick your notes if you’re brave and want to learn the best ways to use Piggy-vest.

There is plenty of other stock picks that offer dividends as well. At the end of the day, there are dozens of ways to diversify your investments, and you don’t have to choose just one.

2: Offer a service or sell something. (E-commerce)

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Let’s say your investment portfolio is fully diversified, but you’re still aching for more streams of income. You can pick up a part-time job for sure, but there might be a better way to earn cash on the side. By creating a virtual online store where you can sell anything from shoes to bags, to beauty cosmetics, etc. By offering a service or selling something, you can create a small side business that you get to control. You

When it comes to side businesses, A lot of financial planner says your best strategy is finding something to sell.

If you sell something – specifically through a third-party company or online – to Make extra cash, you may be able to build a passive income that builds slowly over the years. Unfortunately, if its physical buying and selling you usually have to recruit people to sell under you to do this, and that is a deal-breaker for many.

And, let’s face it; not everyone wants to sit inside a shop selling wrappers or provisions to their family and friends. That’s why offering a service is often one of the best, and least uncomfortable, ways to earn side income doing something you love. Maybe you want to clean houses or rake leaves or help people file their taxes. It’s totally up to you, and that’s the beauty of this option.

3: Create a product.

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Let’s say you want to sell something but don’t want to open an E-commerce store or physical store… That’s perfectly reasonable, but that doesn’t mean you have any idea what to sell.

How about creating your product? If you’re creative and savvy, you can dream up some new product and promote it Shark Tank-style. Can you think of a product you wish you had but can’t buy? Think outside the box until you come up with a new idea that fills a need.

Digital products are also huge these days. I mentioned already that I have an online course for digital marketers, but you can find courses of all kinds. If you have a specific skill you want to teach other people, setting up a web-based course through a website like is a good way to get started.

You can also write a book, says financial planner Brian Hanks, the author of How to Buy a Dental Practice.

Banks found a niche that wasn’t filled among publishers (books on how to buy a dental practice, obviously) and filled it. He’s been earning extra income ever since.

“You’re better than 99 percent of people at doing something,” he says. “Some of those people want to know what you know. The 1% that are as good as you are probably too lazy to write the book. So, do it!”

Thanks to platforms like KDP print, writing a book may not be as difficult as you think, either. You mostly need time and a passion for any topic, then the courage to put your ideas into writing and push forward.

4: Make Extra Cash By Investing In Start-Ups

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A few people get together and come up with an innovative solution to a common problem. They test out their new solution, iterate a little, and find something that works and that a sizable group of people wants to use.

Inspired, this band of innovative thinkers decides to turn that early idea into a company. But to fulfill that dream, they’ll need advice from seasoned entrepreneurs who have built successful companies before. And money.

There are two main ways to invest in early-stage startups:

  • investing in a priced equity round: investors purchase shares in a startup at a fixed price
  • investing in convertible securities: the investment amount eventually “converts” into equity (thus the name). Make your research before you invest in any start-up.

5: Invest in real estate.

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While it’s smart to diversify your investments among different investment classes, real estate is an entirely different animal. Becoming a landlord, for example, involves a lot more than shuffling money around or maintaining an investment account. Not only do you have to manage your property, but you have to deal with tenants and their issues.

But, there are huge benefits to be had, “The benefit of diversifying via real estate can include leveraging a bank’s money to buy property, tax deductions, and appreciation,” my friend says, adding that “the main reason to own real estate is the steady cash flow.”

But, let’s say you don’t want to own physical real estate. In that case, you could always invest in REITs (Real Estate Investment Trusts) or through a real estate crowdfunding website like

There are plenty of ways to invest in real estate without ever drafting a lease or shampooing dirty carpets but, like every other strategy on this list, you need to think outside the box.

Invest In Transportation. (Uber)

The ridesharing service, Uber, has become a household name and has transformed transportation options as we know it. Uber connects drivers and passengers through their mobile app. Passengers can secure a ride quickly, while Uber drivers can make extra money in their free time, with resources they already have.

If you have a new car, a smartphone and a clean driving record, driving for Uber could be a good side hustle for you. Driving for Uber offers a flexible schedule, allowing drivers to make money driving any time and any day of the year.

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