The second section will focus on how you can make money by selling digital and physical products from home. Whether you are looking for some ideas on how to make money while decluttering your house or want to monetize a hobby, these ideas will get your entrepreneurial wheels turning.
Profit from you photos. If you’re skilled with a camera, you can turn your photos into cash by selling them to stock image sites, such as Shutterstock.com. If the photos you submit are accepted, they can be downloaded by Shutterstock’s subscribers and you can earn anywhere from 25 cents to $120 per image download. Other sites that accept photos from contributors include iStock, Dreamstime and Sqeeqee.
Did you know that English speakers are in high demand in Asia? As a result many are turning to freelance English teachers using websites like Italki.com. The site is basically a virtual online classroom for freelance teachers and students. Anyone can offer lessons (and set their own price), and anyone can take lessons. From a quick scan, it looks like making $15 to 20/hour is a fair expectation.
The Clickworker.com concept is based on ‘internet crowd-sourcing’ where businesses advertise specific, scalable tasks they need completing quickly. And for us, it’s an easy way to make fast cash from our couch.
What started as a hobby—making people laugh, doing silly photoshoots with your dog or sharing pictures of food—can snowball into the chance to turn Instagram into a source of income fuelled by your engaged following.
Make more money selling photo subjects that have fewer search results but you feel would have some demand. It might be a good idea to test them out in print first yourself (get free photo prints here).
How much audio you transcribe at once can also be at your discretion. You can transcribe clips that are only one or two minutes in duration or much longer for some clients. To get started, you only need a reliable internet connection and a computer. If you really like transcribing audio, buying a pedal can be worth the small investment.
My 10-year-old son brought home a book from our park’s free library box. It was a biology textbook – teachers edition. He said it looked interesting and hey, it was free (having no idea you could sell it). I scanned it in my Amazon seller app and realized it was worth around $150. He was so excited. We listed it for sale for $130 and it sold! Going to tell him, he just made $130!
A hair salon is another income idea that doesn’t require a lot of real estate (compared to an auto repair shop or garden plot). It also doesn’t require a large financial investment as you only need one large room to double as the waiting area and your workspace.
Swagbucks – Perhaps the most well-known and trusted of all the survey sites, users earn “Swagbucks” (also known as SB’s) for each survey they complete. Swagbucks even gives you a free $5 as an incentive just for signing up.
For example, in 2011 you could buy Beauty and the Beast on Blu-ray 3D for just £24.99. In just a couple of years it was on Amazon for a staggering £74.99!Importantly, not all Disney releases are subject to the vault and only the true classics will maintain such demand.
If you’re going to shop, why not get money for doing it? Well technically you’re not getting money, but you’re getting money back (cashback) on purchases you would have made anyways. Cool thing is, this is on top of any discounts/coupon codes you already have.
You can work with an existing company, like Avon, Jamberry, and Stitch Fix, which will help you get started. Or find a need in your community that might need addressing. Do local companies need your accounting skills?
Our review: Vivatic is a great site for you to start answering surveys for cash. Surveys take about 15 mins to complete so it could take you a little while to reach the threshold but the good news is that there’s plenty more extra money making opportunities that they have so well worth a sign up.
There are dozens of other survey sites out there. These just happen to be the more well-known ones that have a reputation for paying out in a timely manner/not having impossible standards for cashing out. As always, be careful with your personal information. I recommend using an entirely separate email address for survey sites so you don’t clutter your inbox.
There’s a rather extensive questionnaire you fill out after visiting the brewery, so it helps to review it beforehand. The Penny Hoarder’s own Tyler Omoth tried it out for himself. Read more about his experience here.
What you offer could be absolutely anything, from writing and translating, social media posting, playing pranks and teaching to creating music, voiceovers and short video clips for people all around the world!
Online business is how I’ve made a living since 2003 and what has helped me retire early. I make over $40,000 a month through my blog. You can create your own blog here with my easy 15-minute step-by-step tutorial. You can start a blog for as little as $2.95 a month (less than a cup of coffee!). Create a blog and leverage it into affiliate sales or product endorsement deals. Consider topics like:
These days more and more people are finding that they aren’t limited to a single source of income. With all the unique money-making opportunities available, many people are finding that they can earn a few extra hundred dollars a month by thinking a little outside the box.
Huge and trustworthy sites like Upwork have thousands of employers who want to hire for all kinds of tasks where you can write or edit about anything from technology to business articles. Get paid for every single article. Get a great reputation and you can turn this into a full-time job.
This is typically done with a trackable link or unique promo code to ensure clicks actually translate into sales. Since Instagram doesn’t yet allow links anywhere outside of your bio, you can only focus on one product at a time if you choose to rely on affiliate links, making promo codes a better option for Instagram since you can actually incorporate them into your posts.
Fiverr is a website that allows you to sell your service for $5. There are all kinds of crazy things people are offering and getting paid for on there — like taking a picture holding a sign, recording two sentences in an Irish accent, recording a video singing a certain song, and even prank calling a friend all for $5. So if you have a little creativity, there are some fun ways to make some money on the side.
The best part about being a proofreader is that anybody can do it at their own leisure. It can be a part-time income stream in the evenings, a stay-at-home parent, or are fully retired. You just have to be willing to find and correct grammatical errors. Proofreading is another flexible income stream where you can choose how many hours you will work each day or week.
Follow George’s complete guide to trading on eToro to learn more. I think $200 is a good amount to get the most out of the learning curve by trying out a few different markets. If nothing else you’ll learn a great deal about various investments and industries.
You might already invest for retirement with a 401k, but, you can also boost your non-retirement savings with investing as well. If you like to pick your own stocks, bonds, and ETFs, a well-respected brokerage is Ally Invest. Each trade is only $4.95 which is as low as you can get for a conventional brokerage and still have access to research reports and charting.
Evaluate Web sites. Another way to make extra cash in a short amount time – $10 for about 20 minutes of work – is to sign on with UserTesting and evaluate Web sites. You need a computer with a microphone and Internet connection, and you’ll have to fill out a one-page demographic profile. You’ll receive work if your profile matches that of the target audience of sites being tested. Then it’s just a matter of using UserTesting’s screen recorder, which you’ll need to download to your computer, to record your verbal comments and on-screen movements as you click through a site. Site owners typically are looking for feedback about whether the Web site is confusing to navigate.
According to recent stats we now watch more videos on YouTube than searches on Google. And with the recently introduced YouTube Partner Program you can now profit from making and uploading videos. You will receive a percentage of the advertising revenue collected per 1,000 views.
If you don’t mind sharing your notes with other students it’s a great way to generate a little extra cash. There are sites out there that you can upload your notes to, along with your price, and then when another student downloads them you get paid.
Types of competitions available to enter range from simple registration forms and Facebook page liking to answering questions correctly over the phone to being a TV game show contestant. Imagine you made it onto Deal or No Deal instead of just watching it!
All you have to do is upload your design and Cafepress will handle the printing and shipping when an item sells. Customers can also request customized designs in addition to your pre-made work as well.
“In the worldwide marketplace of today, your skills can be used for anything, including mapping,” Mokey says. However, you’re also competing against people in developing nations who are willing to work for pennies, he says.
Once you sign up, the app pays you in “kicks” for walking into certain stores (including Walmart, Target, TJMaxx and more). These can be redeemed for gift cards to a number of retailers, including Amazon, Target, Walmart, Starbucks, Sephora and Best Buy.
What is the make-up of your audience and what is your engagement rate (total engagement divided by your number of followers)? You can dig up numbers to back this up in your Instagram Analytics report, if you’ve switched to a business account. This will help you be prepared when it comes time to negotiate.