Just about everyone is searching for clever ways to make extra money. The world economy grows more competitive with each passing day, and it seems like expenses are always rising.
The fact of the matter is: if you want to get ahead, you need to find additional sources of income. High paying jobs are hard to find. Many people have found success with taking on extra work outside of their main job, or finding other clever ways to make extra money.
We’ve searched the web high and low for the best side-income ideas. Here is our comprehensive list of the top 13 clever ways to make extra money.
1. Sell Yourself.
It sounds crazy, but bear with us – this works. We’re not talking about prostitution here, but something quite a bit more acceptable. One of the biggest ways people make money out of their body is hair. There are plenty of people out there, who through natural reasons or medical treatment, have lost their hair. If you’ve got some flowing locks, there are places that will pay top dollar. Furthermore, you can also sell plasma. This can be a steady, reliable source of income, especially considering you can donate plasma more often than a standard blood donation.
2. Scrap Metal
Governments and private businesses pay decent cash for scrap metal, especially aluminum and copper. If you happen to have some of that lying around, you can get paid based on the weight. If you’ve got a truck or trailer handy, you can also scour the streets on council collection days or visit a scrap yard.
3. Dog Walking
Dog walking is a pretty clever way to make extra money. Loads of people have dogs but also work full time. The dog needs its exercise, and that’s where you come in. You can get this work by advertising with flyers, word of mouth, or simply door knocking. It can get pretty lucrative once you build up a large number of repeat customers.
4. Open an Online Store
Just about everyone has some kind of skill they can cash in on. There are major websites like Etsy where you can list your craft goods and get paid decently. Alternatively, you could set up your own website using a product like Shopify. The drawback to that is driving your own website traffic.
Know another language? Put it to good use! No matter what country you come from or what country you reside in, there’ll always be a need for translators. This can involve actually accompanying people to meetings, or translating text. As globalisation spreads around the world, the need for translators will only continue to grow.
6. Digital Assistant
The emergence of the internet era has created thousands of new jobs. One of these is a Digital Assistant. A Digital Assistant is basically a personal assistant, but one that you never see. They might reroute calls, take messages, make appointments and maintain a calendar, among other tasks. This is a really clever way to make extra money, as it can lead to a full-time income.
7. Online Surveys
There are dozens of major survey sites across the internet. These companies pay people to take surveys. You’re usually served with a selection of surveys based on your particular demographics and interests. These surveys often go on to inform market research for large organisations. The pay is not significant, but it’s good money for very easy work.
We’re rapidly entering what people call the “gig economy”. More and more people are taking advantage of the skills they use at their main job to earn extra cash on the side. With time, and a good reputation, you may eventually earn enough from your “side gigs” to transition to full time freelancing. Freelancing is easily one of the best options out of our entire list of 13 clever ways to make extra money.
9. Get a Roomie
Depending on your living situation, bringing in a room mate can help cut down on your current living costs, and even make you extra money. Plenty of people have bought or rented a house with multiple rooms and sublet the rooms to students or young professionals. Depending on what you charge, you might not even be out of pocket for rent or mortgage payments!
Alternatively, you can try Airbnb.com and rent out rooms for short term stays. All users are vetted and regularly reviewed, and most people have positive experiences.
There are thousands of uni students crying out for help with their studies. If you’ve got the right skills, you can get paid for passing on the knowledge you already have. Tutors in difficult areas of study often get paid quite handsomely. Try an online tutoring service like tutor.com if you think you’ve got what it takes to educate the next generation.
11. eBay Flipping
Got a knack for knowing what things are worth? eBay flipping involves buying products online and selling them for a profit. Searching through your local secondhand stores can often turn up some fantastic finds that will fetch a pretty penny on eBay.
12. Mystery Shopping
Mystery shopping can be a very fun gig. Basically, you’re paid to shop. Of course, it’s not really that simple in reality. You have to make observations about the store, such as its cleanliness, product displays, staff friendliness, and more. Sometimes you will be given a small budget to purchase something, so this can add to the value of the experience. Unfortunately, if you don’t have a car, you may have difficulty getting enough jobs near you.
Got an amazing product idea but can’t afford to execute on it? Crowdfunding is the answer. Each year, thousands of awesome new projects are launched thanks to crowdfunding websites like Kickstarter.com.
If you’ve got a project that you’d like to get funding for, you can get on Kickstarter.com and start requesting donations. Most Kickstarters give “pledgers” (people who donate money) some kind of gift or special offer, such as early screenings to the movie they’re producing or a copy of the board game they’re making.
That’s it! These are our top 13 clever ways to make extra money. Of course, you might be a “think-outside-the-box” type and have a whole lot of other more lucrative ideas, and that’s awesome! The more people that can make extra money and get the economy spinning, the better off we’ll all be.