A relatively new investment idea is peer-to-peer (P2P) lending. This is when you create “micro-loans” to everyday people that do not want to get a loan from a bank. Loans can be issued for a variety of purposes including credit card debt refinancing, business loans, or home repairs. Since you are the bank, peer lending offers a higher return than your current fixed income or bond investments.
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.
A favorite here is Bookscouter as they will quickly compare the prices of 42 vendors allowing you to negotiate the best price in a matter of seconds. Like clothing, you may only decide to sell your unwanted books or making a steady side income. It just depends on how much time you want to invest.
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.
Your car will be equipped with a Getaround Connect™, so renters will be able to locate, unlock and lock your car from their mobile phone during the trip period. No need to meet in person to exchange keys.
Tutor students. If you have an academic specialty and can squeeze in a couple of hours during the week while Junior is taking a nap or Janie is at gymnastics, share your knowledge with struggling students. Find students looking to improve their grades on your own through your kids’ schools – check a site such as Craigslist.org to gauge hourly rates in your area – or sign on with an online tutoring company, such as Tutor.com. You must be available to tutor at least five hours a week and have a college degree to tutor certain subjects for Tutor.com. Tutoring is done virtually from home via a computer, not in person. Tutor.com tutors are paid an hourly rate based on the subject.
If you have a crafty side, put it to good use. Visit the nearest flea market, Craigslist, or Freecycle.org and buy some interesting items, restore them, add your special touch, and resell them for a profit.
Or, even better, head to Amazon Mechanical Turk, or MTurk.com, says Mokey. More than 200,000 tasks are listed there to make money online, with varying pay and work requirements. Once a task is completed, payments are deposited in your Amazon Payments account.
It can be hard to balance your revenue as an influencer and your integrity as an creator, but if you’re not relying on your Instagram income to stay afloat, you always have the freedom to be selective about the brands you work with, just as brands will be selective about the Instagrammers they work with.
One of the most popular sites to book travel lodging is Airbnb. Until very recently, most travelers only option was to stay in a motel. Thanks to Airbnb, they can avoid the stale and monotonous hotel rooms to stay at a house.
Though it sounds like a numbers game, affiliate marketing is also an art, and you’ll have a better chance at success if you have a plan going into it and expand your online presence to include a website and other marketing channels.
Foreign language tutoring is one way to use your speaking skills and you can also be paid to serve as an online translator. If you are bilingual or fluent in a foreign language, companies will pay you to translate their content from English into another language.
Etsy is the largest online marketplace for handmade and vintage goods. From homemade candles, crafts, clothing, and decor, Etsy can be your new favorite marketplace to connect with other Etsy shoppers that might offer similar items or have shops that pique your interest in other topics.
If you like taking photographs, you can make money selling your photos online. News agencies, bloggers, and authors use stock images on a daily basis to help make their articles “pop” and engage the readers. Your pictures can include scenes from your everyday life, places you visit, or images of nature.
Once you sign up to be on the Nielsen Consumer Panel, the company will send you a free scanner, or you can use your smartphone. Every time you go shopping, you simply scan the barcodes on the back of each product and send your data off to NCP.
It’s also not a ‘get rich quick’ scheme. You will have to work I’m afraid! However with the growth of social media, network marketing is becoming easier and lots of people are now making a decent living from it.
One of our secret weapons is called Paribus — a tool that gets you money back for your online purchases. It’s free to sign up, and once you do, it will scan your email archives for any receipts. If it discovers you’ve purchased something from one of its monitored retailers, it will track the item’s price and help you get a refund anytime there’s a price drop.
You will earn points (SBs) for each task completed on Swagbucks. These points can be redeemed for cash rewards or gift cards starting at $3. So far, Swagbucks has paid more than $206 million to its members and awards more than 7,000 gift cards each day! In addition to Swagbucks, you might also consider joining Inbox Dollars which is a leading Swagbucks alternative.
If you enjoy this type of work, consider starting an Etsy store. One of my wife’s friends felt staying home with her two boys was great, but she missed having an artistic outlet. She researched what was popular on Etsy and started making artistic versions of people’s photos. It only took a few months for her shop to become as busy.
Many companies pay you for rating local pizza shops. You just have to rate the place on the quality of their pizza and note their delivery time. For this, you can get a free pizza, plus $5. Just register on Trendsource and get started.
Also known as Multi-Level Marketing (MLM), this is a business model that allows you to generate ongoing income in two ways: by making a commission selling products and by recruiting other members who go on to sell. The later allows you to make money from the sales made by those you have recruited.
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.
You might want to put the game in your shopping cart anyway. One Penny Hoarder made $250 in six months selling spare board game pieces online. You can even sell “mystery bags” of pieces for $12 a pop!
Whether you have last year’s version of Madden or some old Gameboy Color games you played as a child, you can connect with a buyer online. Selling video games online can be a lucrative hobby as parents share their childhood memories with their own children and other players look to buy the best games for less than retail.
A few good ones to try are: Toluna, Vivatic, MySurvey, IPSOS, Global Test Market, The Opinion Panel, YouGov, Panel Opinion, Pinecone, Valued Opinions, SurveyBods, PopulusLive, Hiving, PanelBase, Branded Surveys, Opinion Outpost, Harris Poll, Mind Mover, New Vista, iPoll.
Perhaps you enjoy writing, managing Facebook pages or doing a little bit of graphic design in your spare time. There are so many freelance jobs out there that require simple skills or just time that someone else might not have.
This is one of my favorite recommendations because blogging can be highly rewarding and make it possible to open the doors to several other income ideas on this list. A blog is your own piece of internet real estate to create your own online portfolio to connect with future online clients if you desire, or, you can also use it to share your two cents on the topics you hold near and dear with the rest of the world.
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.
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!
One way is with affiliate marketing where you partner with brands and services that you use on a regular basis and would recommend to others. When others signup through your link, you earn a small commission.
An excellent place to start your own website is with Bluehost. It only costs $3.95 a month and you can start creating content with 15 minutes! It doesn’t matter what you write or record videos about, this is a legitimate way to earn money from home.
Before a lawsuit goes to court, lawyers will simulate a mock jury trial to try different arguments and predict the reaction of the jury. While your jury decision won’t be the official verdict, this can be a fun way to reenact your favorite Law and Order episodes and get paid for it. eJury cases consist of 50 jurors and pay $10 per case. You can participate in one case each week.
If you are overwhelmed with “stuff” in your house, check out a great book called, The Life-Changing Magic of Tidying Up. The book is about changing your perceptions of your things so you can keep what is really important and get rid of what is not.
Hands down the quickest way to make a lot of money (well, without breaking the law). Lots of students have genuinely made £100s from this technique. It’s completely legal, risk free, tax free, and anyone can do it.
Many rebate apps like Ibotta offer cash rebates on grocery store purchases. You just have to take a picture of your grocery receipt with your phone, and you can even buy groceries from your regular grocery store.
Starting a website with Bluehost takes less than 20 minutes, costs hardly anything and can be done by an 82 year-old. It only takes a bit of plugging on social media to get your first visitors, and there are plenty of ways to monetise your site.