While we all have some extra time, it often doesn't feel like it, does it? We're usually so busy and enthralled in whatever it is that we're doing that we forget to spend the time on navigating the murky online waters of money making. That's understandable. But it also doesn't take too much effort to make some extra dough on the side. We're not talking about millions upon millions here (well maybe for some). We're mostly talking about doing small, bite-sized projects to generate some fast cash.
Salvage and resell. Do you love antiques or have a knack for finding valuables at flea markets or yard sales? If you do, it might be time to consider salvaging items for resale – or even scouting out antiques to sell for a profit. While you’ll need to spend quite a bit of time searching for prospects and spend some money buying upfront, you could easily turn a profit if you know what you’re doing.
I have been really disappointed with the survey gig. They underestimate the time they take to complete by like a third and often I find myself spending 10 minutes in what seems like a survey only to find out it’s a pre-survey qualifier, where it feels like I’m giving them so much personal information that I ought to be paid, but at the end of it I’m told I don’t qualify but the award like the equivalent of a penny or two to thank you for your time.
This can include advertising, but many businesses also need help just filling up their social media profiles with relevant (and consistent) content. If you enjoy learning about social media and want to take things a step further and make extra money, social media management is a great option. If you’re good at it, it can also open up a lot of doors for you down the road. This is a great article from Small Biz Trends on How to Start Your Own Social Media Business.
My local Craigslist.org is the first place I go to sell something. It's best for items you think will appeal to everyone (therefore justifying the smaller audience) and large items that can't be shipped. Craigslist.org is great for taking your yard sale items online for local sales. For example, a friend recently bought two fans from people that live close to him. These one-off type items do very well on Craigslist. Just remember to use common sense and be safe out there.
So, I put together a free master course for you to take that spreads out all of the work involved in starting a blog, into a series of action-packed lessons. My free course breaks the entire process of starting a blog down into an incredibly simple 7-day process for going from 0 to publishing (and promoting) your first blog post in just 1 week. I can't recommend it enough.
Watch out for inflation chipping away at your assets. We've all heard an elderly person describe the purchasing power of a coin in their day. Inflation continues to make today's money worth less in the future. To win the race against time and inflation, learn to invest your money in the right places. A savings account might help you to keep up with inflation; however, to stay ahead of the game you'll want to invest in bonds, stocks, or some other investment that returns above the average rate of inflation (currently 3%-4%).
Become a mystery shopper. This means doing business with various establishments and rating their products and services without their knowledge. It may sound like cake, but remember that it requires discreteness, a good memory for detail (ex. the name of every individual who helped or served you), and enough cash for you to be able to pay for your shopping experience up-front and then wait to be reimbursed pending the approval of your review.
Photographer Ashley Macknica, 27, and her boyfriend, Joel Barhamand, 29, cashed in on their social circle's engagements, volunteering to shoot their nuptials. The two set up A Couple of Cameras (acoupleofcameras.com) and now photograph about ten weddings a year at $3,500 a pop. "We always dress like we're guests—the more you blend in, the easier it is to get candids," explains Macknica. If your friends aren't tying the knot, post a profile on the heavily trafficked Wedding Photography Directory (weddingphotographydirectory.com).
This isn’t quick money, but you can make decent money with a little luck and solid, consistent effort. Believe me, it can be tough and a bit time consuming, but it can be done. I started PT Money in 2007 and since then the site has grown considerably, now viewed more than 200,000 times per month. The key to blogging is to have a long-term goal of making extra money in mind. You can get started by reading my article on how to make money blogging.
It's important to keep in mind that participants don't "qualify" for all surveys. Market researchers often want opinions from users who match specific demographics or who are in-market for particular products and services. If you attempt a survey that you ultimately don't qualify for, Swagbucks will give you at least one point in its rewards program. You know what they say: "A penny for your thoughts".
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
Even in the age of automation, some jobs still require a human touch. Companies often outsource those jobs via services like Amazon’s Mechanical Turk. These jobs can be tedious — tagging images, transcribing videos, classifying receipts — and can take anywhere from a few minutes to a few hours. Pay depends on the task, and the person requesting the work gets to approve the finished product before paying you. That can leave room for scams, so do your research and join a community like TurkNation, which can steer you away from shifty dealers. Read more about doing tasks on Mechanical Turk.
26. Services – You can offer a paid service, such as life coaching, blog coaching, goal setting or financial planning. Just be sure to investigate all the legal implications and make sure you’re not claiming to be a professional if you’re not one. With a service like this, you’re basically using your blog to sell yourself. You’ll need to convince people that you’re worth buying and then be able to back up your claims once they purchase your service.
Now next, you’ll want to pick a WordPress theme from somewhere like ThemeForest, Elegant Themes or OptimizePress. This is the barebones design of your site, which you can then customize with your own branding, copy, and images. That being said, you don’t want to cheap out. It costs less than $100 to buy a theme that will make your website look professional (and you can upgrade to a completely custom design once you get the business going).
If you’re just looking for a quick way to make cash on nights or weekends for a short stretch of time, then maybe this one isn’t for you. But if you’re ready to turn your dream of starting your own business into a reality, there’s never been a better time to do it! Online platforms like Etsy, Amazon FBA and Big Cartel have made it easier than ever.
If you’ve ever wanted to try real estate investing but don’t want to deal with all the stress of being a landlord, you might want to consider investing with Fundrise. Fundrise is a new platform that allows you to invest directly in a real estate portfolio that a team of professionals identifies, acquires, and manages on your behalf. With a starting investment as small as $500, you get exposure to dozens of solid, value-producing assets.
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