personal finance for digital content creators

8 Ways to Make Ksh5,000 on the Side Quickly

Wouldn’t it be awesome to make some quick cash to spend over the weekend or just save up for something you’ve always wanted?

In today’s post, I share with you 8 legitimate ways you can make some quick cash on the side.

Do remember to bookmark this page for future.

Got some extra space in your crib aka your home and live in a reasonably safe hood with adequate transport?

Then becoming an AirBnB Host can be a very lucrative side hustle.

AirBnB hosts make as much as some 8-5 jobs if your house is located in an area popular with foreigners or Kenyans in the diaspora such as Ngong Road, Kilimani, Kileleshwa, Westlands, Gigiri, Riverside, etc.

But not to worry, even those in areas further away from those I’ve listed above can still offer some value proposition.

For example, if your apartment or home is in Embakasi, South B/C, or Imara Daima areas, you could very easily offer the convenience of being close to JKIA airport.

I successfully ran an AirBnB business in Embakasi for close to 3 years before moving to other side hustles.

Assuming you charge just 5,000 bob per night and get 2 separate bookings between now and Easter, you could very easily net 5,000 shillings after expenses such as breakfast, water, electricity, wifi, etc.

The best thing about AirBnB is that you have the option to block your calendar on dates which your listing is unavailable for whatever reason. It’s really up to you.

  • AirBnB Referrals

After registering as a host, you have the option to start hosting right away.

However, as you wait for your business to pick up, you can be referring your friends and acquaintances as one way of earning money on AirBnB through referrals.

AirBnB allows you to recruit up to 25 new hosts and get $100 (about Kshs. 10,000 at today’s’ exchange rate) per host when they host a trip.

  • Host Kenyan Experiences as a Service on AirBnB

A third way of raising 5,000 shillings fast is by hosting an AirBnb experience.

Do you have a unique passion and are willing to share with a visitor to Kenya?

If your answer is yes, hope over to AirBnB Experiences, create a unique experience in your city and start making some money doing so. Experiences could either be single day or multiple days.

All you need is some specialized know-how or know-what that you can proudly share with others.

Head over to the AirBnB site for samples of what experiences other hosts are sharing. It’s one of those areas that isn’t yet flooded.

Currently there’s only about 18 AirBnb experiences being offered in Kenya.

This is your time.

  • Become an On-demand Uber Taxi Driver

Do you have some extra time on your hands and a car that doesn’t qualify as a fuel guzzler?

Then you’re in for a ride of your life.

You could actually make extra cash on the side.

Simply register for Uber (use this link to get Kshs.1,000 off your first ride) both as a rider and as a driver.

As an Uber driver you can make significant money especially if you’re in a city like Nairobi with many potential riders.

Currently, the minimum fare is 300 shillings which means you can hit the 5,000 shilling mark in 2 or 3 days.

Are you having some unwanted junk or unwarranted clutter in your house that you should have done away with like yesterday?

If yes, please download the olx app from Google playstore or Apple app store and start listing.

Beauty with OLX is that it has both paid and free to list options.

I have successfully sold items on multiple occasions without paying a dime hence keeping the entire sales amount.

  • Work overtime and on the weekends

If you happen to be in a job with opportunity for overtime work, then this is your chance to make some extra 5,000 shillings fast.

I remember my days back as a customer service representative in a leading telecommunication company. I made sure to work all public holidays and Sundays.

Result? overtime or (OT) as we fondly used to call it.

  • Ditch a vice 

Do you love to smoke, to gamble or to drink yourself away?

Ditching your habit for the 8 days left to Easter could leave you 5,000 bob richer.

  • Engage in a business

Have you ever considered buying stuff from Kariokor Market, Gikomba or Wakulima market then selling it at a higher price?

The options are endless.

Check out this list of 50+ businesses you can start in Kenya today.

Some items that can fetch you a quick profit include food items such as apples, grapes, oranges; clothing e.g. nice tops, duvets, bed sheets, name it.

You can also purchase jewelry and other handicraft from Kariokor and sell to your friends or work colleagues at a profit.