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12 Ways to Earn Money Without Being Employed

12 Ways to Earn Money Without Being Employed
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Unemployed individuals don’t need to despair anymore—there are tons of online opportunities for gaining money. What’s more, the joy of earning money without being employed is much more pleasurable than you could imagine. You have plenty of options to choose from without even focusing on a particular niche and with very little hard work.

Being unemployed also gives you much freedom for personal development and investing in your personal growth. You can improve your personal skills daily and become better and better with each masterpiece created. You can reap all these benefits from unemployed status by following one of the proposed strategies and gain a fair monthly income.

1. Sell or rent your personal belongings.
For Rent Real Estate Sign in Front of House

    If you don’t have a job, and need money—who doesn’t?—the first thing you can do is inspect your house. Which objects don’t you need anymore?

    We all have old clothes that we haven’t worn for years, books we never opened or already read, pieces of furniture that have been unused for decades, and so on. Not to mention, everybody owns new pairs of shoes, kept for special occasions (this may be the right time to put them to a good use), accessories, car items and more.

    Fortunately, second-hand sales are trendy now. These kinds of objects are not called “used items,” but rather, “unique items.” So gather all the things you can give up and organize a sale. There are many possibilities: yard or garage sales; online sales using special dedicated websites (eBay, Amazon, Gumtree) or sales through putting up ads on social networking websites (Facebook, Pinterest). If you are lucky enough to own a holiday house, a caravan, or even a boat, start renting them out.

    There are always people willing to pay for some days of relaxation or adventure. If you plan on going on holiday, take advantage of this and rent out your own room or house. People can do this on Airbnb. If you want to go even further, try this: rent out your parking space while you are away. This method can bring in lots of cash if you live in a central or busy area of the city.

    2. Take care of pets.

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    dog walking

      Do you just love animals? Don’t have money to buy one or to raise it? You can actually spend time with your favorite kind of animal while receiving cash through pet sitting and dog walking. Many people have multiple pets but are too busy to give them the care and attention that they need. During the holidays, many owners travel to visit their families, and will need someone to look after their furbabies while away.

      Find these kinds of jobs by handing out flyers and by adding posters to the local community board. You can also find pet-sitting websites, like Pawshake, Sittercity, Care.com. These sites serve as a platform that connects pet sitters with needy owners.

      3. Use your creative skills.

      photographing

        Almost everyone has a weird hobby or a skill they acquired for fun. Maybe you like to knit, make homemade cosmetics, and or create jewelry. Whatever your talent may be, you can make money from it on websites like Etsy. Pinterest is also a good place to display and sell self-made things.

        If photography is your hobby, try licensing the images on Getty through Flickr. There are tons of websites and businesses that are willing to pay you for your stock photos.

        4. Work online for busy persons.

        work online

          There are dozens of busy individuals who need assistance in researching for materials. Machines cannot always do this, so they must hire someone. If you want to be that person, then create an account on Amazon or Shorttask and start looking for jobs.

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          5. Complete online surveys.

          online survey

            Earn some pocket money by filling out surveys. Of course, you will not get rich just by answering questions; however, you can get paid small sums of cash for this task. Compensation varies by website, so check the terms and conditions thoroughly. Also, be on the lookout for scam platforms that pay nothing in the end.

            A good place to start is Mysurvey.net. Here, participants earn points that can be transformed in gift cards for websites like JB Hi-Fi, Myer and Woolworths. Other platforms just pay users in cash.

            6. Be a universal repairing man.

            repairing

              Every city has citizens who need help with keeping their houses clean and functioning. Some of them don’t have time, while others are not good at fixing things.

              If physical labor is something you don’t mind, go out there and get paid for it. Be it cleaning, painting, mowing, and so on—these kinds of activities can bring in honestly-earned money. AirTasker is a great place to find such tasks.

              7. Become a freelance writer.

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              freelance writer

                Now, if you are a bit of a brainiac and have solid writing skills, you can join platforms like Upwork, Freelancer, Fiverr, iWriter and so on. These place are visited by thousands of writers worldwide.

                And here is the reason why—writers can choose the projects they love the most, work on appealing texts, and get a fair amount of money, all while working at your own pace. However, you must keep in mind that every task has a deadline that must be respected, so you’ll need to practice self-discipline to make sure you get everything turned in on time.

                8. Become a ghost shopper.

                ghost shopping

                  Do you like inspecting, evaluating and criticizing? Usually, people hate this kind of attitude, but others pay for it. Mystery shoppers are in high demand these days.

                  They go to restaurants, shops, hotels and other places, and pretend they are just a regular customer. Then, based on their personal shopping experienced, they fill in some reports, which are then used to grade employees. You can apply at MysteryShopping.com if this sounds appealing to you.

                  9. Cook for others.

                  cook

                    Cooking is not for everybody. Not to mention, there are millions of people out there who don’t have the necessary time and energy for this activity. So if you have impressive cooking skills, take advantage of this gift. Here are some ideas of earning money from cooking: organize a dinner at your house and ask people to buy tickets to attend to it.

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                    This is in high fashion in Australia, and websites like Eatwith have become famous. You could also hold cooking lessons at your house. Try posting ads saying that you are willing to cook for busy individuals in exchange of a fair payment.

                    10. Try tutoring.

                    tutoring

                      Tutoring is the number one activity for making instant money. Students are looking for all sorts of lessons—foreign languages, math, science, chemistry, etc. Foreign languages are in great demand, but other complex subjects are paid better.

                      11. Participate in medical research and clinical trials.

                      medical research

                        This is definitely not a good idea for everybody. However, there are enough individuals willing to offer themselves to science for some bucks.

                        Before deciding to take part in a trial, carefully read the risks the participants are exposed too. Take them seriously—health is not something to treat lightly.

                        12. Participate in focus groups organized by big companies.

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                        focus groups

                          Opinionated people are welcomed in focus groups. Focus groups are led by marketing companies that want to find out more about people’s ways of thinking when it comes to buying something. The experience is actually often enjoyable and you can even get paid up to $100 or so.

                          Featured photo credit: Poor Frog & Macrography by Hamed Saber via Flickr via flickr.com

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                          Last Updated on July 20, 2021

                          Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

                          Financial Freedom is Not a Fantasy: 9 Secrets to Get You There
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                          Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

                          Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

                          Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

                          In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

                          Break Free of Your Finances

                          Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

                          When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

                          Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

                          Though it seems hard to believe, it is really very simple to get financial freedom.

                          To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

                          While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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                          Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

                          1. Stop Unnecessary Spending

                          We often spend money inwardly, instead of objectively.

                          For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

                          To stop this habitual spending, log down all your spending over the course of a month.

                          Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

                          This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

                          2. Plan a Monthly Budget

                          This is a great opportunity to get serious.

                          Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

                          Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

                          3. Cut-up Credit Cards

                          Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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                          If not, you may want to consider ridding your life of the burden that credit cards bring.

                          Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

                          Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

                          4. Increase Savings

                          There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

                          It’s good practice to save up to 15% of your income.

                          Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

                          Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

                          5. Invest Wisely

                          Consider investing in funds.

                          Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

                          To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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                          Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

                          6. Invest in Gold

                          There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

                          You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

                          Another way to invest in gold is through ETFs (Exchange Traded Funds).

                          These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

                          With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

                          7. Stash Emergency Funds

                          Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

                          If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

                          Make it hard to get your cash.

                          Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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                          8. Find Fabulous Mentors

                          Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

                          If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

                          There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

                          9. Be Extra Patient

                          Patience is the key of financial success.

                          Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

                          So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

                          Financial Freedom for All

                          Anyone can achieve financial freedom, regardless of their financial circumstance.

                          Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

                          Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

                          Featured photo credit: rawpixel via unsplash.com

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                          Reference

                          [1] Hartford Gold Group: IRA Retirement Accounts

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