8. Cooking and Baking

Cooking is an art. If you excel in this art and it is also one of your favorite hobby, then you can start a small entrepreneurial business to earn a profit. As you know there are many people who are very fond of homemade pickles, desserts and snacks, but they either don't know how to make it or don't have time to do the cooking. Selling homemade food to them is easy and profitable too. You can even do the same with baked cakes and cookies. Either you can directly take birthday orders for cakes and muffins, or sell them at local bakeries.

More: 8 Simple Ways to Save Your Taxes

7. Teach

Teach or Tutor

One of the fastest ways to make money on your own schedule is to become a tutor or a teacher. Whether you excel at Science or Maths, you can offer tutoring services through your own website or with advertising at local schools. If you speak a foreign language or want to help others learn English, you can also earn money by tutoring. Be sure to think about whether you want students to come to you or if you want to meet at a library or in their homes.

Try eduFire.com

An unusual option for tutoring is eduFire.com, a website that put students and tutors together for one-on-one sessions or group classes via computer. You'll need basic computer skills and some credentials for marketing yourself to teach any subject you want.

Also Read: 10 Things Women Want From A Financial Advisor