5 Smart Ways to Create Your Own ‘Stimulus Check’ in 2025 and Boost Your Income!

Race Day Live In tough times, government stimulus checks can be a big help. These checks are sent out to citizens to stimulate the economy by giving people more money to spend.

The last round of federal stimulus payments came during the pandemic. These checks ranged from $500 to $1,400, depending on the person’s situation.

While many people are still facing high costs of living, the economy has improved in many ways. This means that a new government stimulus check is unlikely anytime soon. But that doesn’t mean you can’t create your own “stimulus.”

There are ways to make money in 2025 by using smart financial strategies and opportunities. Here are five ways to create your own “stimulus check” this year.

1. Invest in Dividend-Paying Stocks

One of the easiest ways to make money passively is by investing in dividend-paying stocks. Dividend stocks are investments that pay you just for owning them.

According to Ed Huang, a finance expert from SideHustles.com, dividend stocks are a great way to earn “bonus money.”

By investing in reliable companies that pay regular dividends, you can receive quarterly payments just for owning their stock. This can feel like free money, as long as you make smart investment choices.

Huang suggests looking for well-established companies with a history of paying dividends. These companies typically have a stable financial situation, which means their dividends are more reliable.

Some examples include large, successful companies like Coca-Cola or Johnson & Johnson.

Investing in stocks can be risky, so it’s important to do your research or consult a financial advisor before jumping in.

But if you get it right, dividend-paying stocks can help you build a steady stream of income.

2. Start a Side Hustle

Side hustles are a great way to create extra income. The key is finding in-demand side jobs that are right for your skills.

Huang points out that side hustles can be a great way to make money. You might start by offering services you’re already good at, such as creating an online course or offering freelance work.

If you have tech skills or knowledge of artificial intelligence (AI), you can easily find work as a contractor for companies that need help.

You can also find local opportunities. For example, if Uber and Lyft drivers are scarce in your area, you could try driving part-time.

Or, you might find that elderly people in your neighborhood need someone to help with shopping or yard work.

Starting a side hustle is a flexible way to bring in extra cash, and it’s all about finding a need and filling it. The best part is that you can choose when and where you work, making it a great option for busy people.

3. Use Cash-Back Credit Cards and Rewards Apps

If you already spend money on daily essentials like groceries, gas, or office supplies, you can turn that spending into cash by using cash-back credit cards and rewards apps.

According to Huang, credit cards like Rakuten and Ibotta offer cash back on purchases you make regularly.

These cards allow you to earn rewards just for using them to buy things you would normally purchase. It’s a smart way to make money back on money you were already spending.

However, you need to be cautious when using cash-back credit cards. It’s important not to carry a balance because interest fees will quickly cancel out any rewards you earn. Always make sure to pay off your credit card bill each month to avoid extra charges.

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4. High-Yield Savings Accounts and Certificates of Deposit (CDs)

Another simple way to earn money is by putting your savings in high-yield savings accounts or certificates of deposit (CDs).

A high-yield savings account allows you to earn more interest on your money than a regular savings account.

The rates can vary, but some accounts offer up to 2% or more in interest, which can add up over time.

Certificates of deposit (CDs) are another option. With a CD, you agree to leave your money in the bank for a set period, usually from a few months to several years.

In exchange, the bank gives you a higher interest rate than you would get with a regular savings account.

Both options are low-risk ways to grow your savings without having to do much work. Just make sure you compare interest rates and find the best options for your needs.

5. Rent Out What You Have?

Renting out your possessions is a great way to earn extra income. You can rent out just about anything you own, from your car to your tools to your yard.

Huang suggests renting out your car through platforms like Turo. If you don’t use your car every day, you can make money by letting others rent it.

If you have tools or equipment lying around, you can also rent them out on sites like Fat Llama. This can be a good way to make money from things you’re not using regularly.

Another idea is renting out your yard for events or gatherings. Apps like Sniffspot let you rent out your yard for dog owners who need a safe place for their pets to play. If you live in a popular area, this could be a great way to bring in some extra cash.

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