Whether you’re a homemaker, a student, or already working a full-time job, our days tend to feel like they’re filled to the brim responsibilities. These pressures can leave you struggling with your finances and questioning whether you’ll ever find the resources to start planning for retirement or saving for the future. It’s not like you have time for another job, right?
While it’s true you may not have enough hours in the day to take on another a full-time or part-time job, there are still ways you can bring in a little extra income in your spare time. There is no reason to panic or start searching for title loans in your area quite yet because these nine smart options for earning extra cash could be just what you need to turn your financial situation around.
Thanks to Airbnb, you don’t need to find, interview and screen a permanent tenant to earn money from the extra room in your house. The great thing about renting out a room on Airbnb is that it’s a passive income that you don’t have to sink much time or effort into once everything is set up and you establish yourself as a host.
A mystery shopper is someone a store or company hires to verify the quality of their customer service and products. If you’re the person in your family in charge of doing the shopping or if heading to the mall is simply a pastime you enjoy, then becoming a mystery shopper could be a great way of bringing in a little extra money doing what you love.
In today’s era of high-definition smartphone cameras, everyone and their mother is taking more pictures than ever, but not everyone is good at it. If you have an even halfway decent camera and a knowledge of how to frame a quality shot, then it’s worth uploading your pictures to a photo agency and seeing if you get any money from people licensing and using them.
For this one, you’ll have to get craft, literally. If you have a skill you enjoy doing in your spare time like knitting, screen printing, painting or sculpting, then you’ll find out pretty quickly how fast your house fills up with everything you make. Why not earn a little extra cash off of your hobby? An Etsy store is a perfect way of getting it done and has a low-cost barrier to enter this “marketplace to the world.”
One of the strengths of freelancing is that you can decide exactly how much work you take on and when you want to do it. The most popular types of freelancing are things like blog writing, copy editing, call center or graphic design work, but if you have expertise in almost any field, a platform like Upwork or Fiverr can help you connect with someone ready to pay you for it.
Mechanical Turk is a freelancing platform Amazon has set up to match freelancers and other skilled people with quick tasks that cannot be automated. These can range from data entry to translation, and most can be done a few minutes at a time from your home computer.
While not, strictly speaking, a way of earning money, simply changing your mindset about money can save you the money you already have. While plenty has been written on this topic, we offer a simple guide to 5 lifestyle adjustments you can make today that will yield nearly instant results.
Not only do you probably not need all the clutter and junk in your basement or attic, your neighbors probably are in the same situation. Get together with a few of them and throw a community garage sale to turn your unwanted or unused household items into cold hard cash. Having multiple families participating always draws a much larger crowd than you would if you were to go it alone.
We all have to spend money, so why not take advantage of the opportunity to earn some of it back? Cashback deals on credit cards are often intended to sway the buying habits of the spender, but if used strategically and the balance paid off every month, then they can be a good way of getting back a few extra bucks each time you shop.