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22 Creative Ways to Make Money (Simple and Effective)

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22 Creative Ways to Make Money (Simple and Effective)

Money, you always wish you had a bit more — to buy that fancy dress or a new gadget, to save more for your vacation or a cool dinner date, to pay off your debt faster or just feel more laid back about your whole personal finance situation.

The follow list features some simple, yet effective and creative ways to make money on the side. You can earn a few extra hundreds each month without spending neither much time nor efforts!

1. Recycle your old phone(s)

Bet you got a few ancient Nokia’s or old phones hidden somewhere around the house. You’d be surprised to know that you can actually get some cash if you decide to sell them.

A lot of companies offer compensation for recycling old phones which are shipped somewhere to Asia and getting dismantled there. You can check the list of companies and possible earnings here. Ask your family and friends if they’d like to give away their old phones too for a bigger bucks.

2. Invite people for dinner

If you have relatively impressive cooking skills and some room to host guests, sign up for Eat With – a cool new service connecting travelers with hosts around the world, who invite them to a small dinner party for a fixed fee. As a host, you can set a rate per guest, choose the time and dates when you are available to throw a feast and indicate the max amount of people you are ready to invite (usually less than 6).

To become a host, fill in an application form where you tell about yourself, your cooking talents and your place. Currently, the service is available in Las Vegas, Los Angeles, New York, San Francisco and some major cities in Europe, Middle East and South America. The money you can earn for a small party are more than decent.

3. Become a part-time mover

This option is more suitable for guys, but girls are often accepted too to move around fragile stuff and do some minor cleaning. Moving jobs are typically per request and you can always choose a suitable time for you to do them.

A lot of moving companies allow you to create an account with them for a fee, list your services, rates, working hours etc. and get hired for temporary jobs. Check out this list of moving jobs to get a better idea of how things work and how much you can actually earn for lifting someone’s sofa.

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4. Review music for cash

All music lovers will love this job – all you need to do is listen to and review unsigned bands and artists online at Slicethepie. It may take a while to build up your reputation, but you can earn extra $50+ per month for spending 5-10 min a day listening to some aspiring music talents (or not so talents).

5. Get cash rebates for scanning your receipts

You do buy groceries, cosmetics and other staff monthly, do you? Why don’t you earn some extra bucks for that? Download a free Ibotta app, browse around and see what rebates there are offering if you scan and upload your receipts for a certain product they request.

For instance, they offer 50 cents if you upload a picture of a receipt where you bought milk and offer $10 for a picture of a Best Buy receipt. Of course, it makes no sense going out and purposefully buying products with the highest rebate, yet it won’t take much of your time taking and uploading pictures of things you typically buy and stash some extra cash by the end of the month.

6. Sell your wardrobe

This is a perfect option for women. How many dresses do you have that you wore like 3 times and now they’re hidden somewhere deep in your closet? Clothes you no longer wear shouldn’t pile up around the house when they can be turned into cash asserts.

You can either organize a yard sale yourself (which is kind of a hassle), or better sell the items through ThredUp, which will pay somewhere around $2-$25 for staff from Gap, Banana Republic, H&M, etc. You can browse around to see how much different items are worth. The best thing about ThredUp is that all you need to do is pack your clothes in a box and then just ship it to them (shipping costs are covered by the company).

7. Test websites for money

A lot of big companies look for feedback on the usability of their websites and you can get paid doing that. Expect to earn somewhere from 10 cents for an assignment taking less than a minute, to $10-$15 when it comes to larger questionnaires requesting more of your time.

Here’s a big list of sites where you can create an account and start earning cash. All the payments are typically made via PayPal either at the end of the month or when you have earned a certain sum.

8. Get paid for being someone’s friend

Rent a Friend is an absolutely legit US service where people offer their friendship (and nothing more!) starting from $10 and up to $50 per hour. As Scott Rosenbaum, the creator of the service says: “Just to hang out with, go to a movie or restaurant with or find someone to show you around an unfamiliar town”.

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As current users say you can get invited to be someone’s +1 on a VIP event, wine tasting tour, concert or some other cool activity that will cost you nothing to attend!

If you are easygoing and communicative, this might be the best job for you. Some users claim to do it full-time and earn over $50,000 per year! To become a friend, you’ll need to fill in an application form describing your personality and send it to the community manager.

9. Earn by tweeting

If you have a relatively large following on Twitter, you can get paid somewhere from $0.5 to $20 for tweeting sponsored tweets and content to your audience. The rate depends on the amount of followers you have and some other factors e.g. the age of your account.

You can earn with SponsoredTweetsPaidPerTweet and some other services alike.

10. Try match betting

It’s an absolutely legit, risk free and tax free technique. The system works by taking advantage of free bets vastly offered by online betting sites through ‘matching’ them at a betting exchange. Matched betting eliminates the risk as you are betting both for and against a certain result at the same time!

Here’s a comprehensive guide to help you get started with this. Don’t forget you have to be over 21 (18) to bet!

11. Get paid $35/hour to drive people around

Yes, that’s exactly how much you can make with Lyft and Uber. Users can just login from their phone and request a drive in all major cities in US. It’s faster and at least twice cheaper than calling the typical cab.

You, as a driver, will get a notification and can take a lift request. You set your own working hours and earn money. Obviously, you’ll need your own car to earn with them and some initial money to pay for the gas.

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12. Do odd jobs at Fiverr

At Fiverr, you can offer any kind of service starting from $5. Register an account, browse around the gigs and offer something similar. Seriously, at this online marketplace you can sell and buy all sort of things from voiceovers to logo design to things like “I’ll pretend to be your girlfriend on Facebook for 2 days”.

Write an attractive gig description clearly outlining what you’ll do for 5 bucks e.g. translate 200 words from French to English; add extras e.g. translated 300 words more for $5; deliver the order in just one day etc; add a payment method – Paypal or Payoneer and start promoting your gig and earning money.

13. Sell your notes

If you are good at writing notes and attended all lectures, you can sell your asserts to less committed students via NoteSale. You can create a listing for free, but the site will take a per cent from each of your sales. Typed notes in PDF/Text format sell best, yet it’s worth trying with scanned handwritten notes too if you have nice clear writing.

14. Sell old books the smart way

Instead of just taking them to the thrift shop and receiving peanuts, try using BooksCounter app. Scan the book barcode, upload it to the app’s system and see which of 20+ different buyback companies offers the highest payout. Once you found the right company, all you have to do is fill in some basic information of how you’d like to get paid, download a free shipping label and pack up all the books to dispatch.

15. Do data entry jobs

This may include mere copy-pasting, minor text editing, data categorisation, translations and staff alike. You can work a few hours a day and earn some hundred bucks by the end of the month. Obviously, the total payout depends on how fast/good you are. Sign up to ClickWorker if you can tolerate handling some routine tasks in exchange for cash injections.

16. Become a mystery shopper

Go undercover to local stores, look around, take notes and sneaky pictures of stuff doing nothing, fill in the questionnaire afterwards and get your cash. You can get mystery shopping assignments via Mobee app (typically the payments are not that big, yet the tasks you need to do are simple too) or get an account with Marketforce – a more established website where you’ll need to carefully fill in an application form and pass a review process. The potential earning are much bigger.

17. Sell out your old CDs, movies and games

Again, you might be surprised to know that some companies pay cash for your old compact discs. Music Magpie will pay you somewhere between a few cents to over ten bucks for all your old staff. It’s a nice way to finally de-clutter your home too!

18. Distribute leaflets

It sounds like a bit of a lame job, but some companies can offer you good money for giving away promotional staff or doing door drops. For say working 4-5 hours on the weekends, you can expect to earn somewhere between $40-$60 per 1.000 distributed leaflets.

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19. Teach classes online

If you are particularly good at somethings, say map design, capable of creating a series of video lessons, you can become a tutor at SkillShare. You’ll be in good company with folks like Seth Godin and James Franco among others. SkillShare tutorials and 30 days teaching challenge will help you create a winning video tutorial. Your earnings will depend on the popularity of your course, but even low attendance will let you earn some decent money.

You don’t need to have prior teaching experience, just skills and passion about what you do.

20. Become a language tutor online

Did you know that English language practice is in high demand in Asia? Sites like Italki.com allows teachers to list their rates and services, schedule classes and provide you with tools to conduct them in real time. You can expect to make $15-20 per hour.

If English isn’t your first language, no worries, italiki also invites French, Italian, Chinese, Spanish, Russian and more native speakers to join. You’ll have to fill in a detailed application form, get it approved and afterwards create a professional looking profile, suitable schedule for you and different courses you offer. The service will handle the rest – scheduling, marketing payments and so on.

21. Sell handmade and vintage items on Etsy

Found some retro clothes in your grandma’s chest or made a few cool brooches your friends admire? Become an Etsy seller to earn money for your crafts.

Opening your shop, listing products and prices takes less than 30 minutes. It costs $0.20 to list one item in your shop for 4 month (or till it sales) and Etsy takes 3.5% commission from each sale you make. Mind that fact when setting up the prices. Shipping costs are either to be covered by you or by the buyer (you can set the rates depending on the buyer’s’ location e.g. free shipping around US; $10.99 shipping to Europe).

22. Become a field agent

Sign up for an account with Field Agent and get paid to do small tasks around town for different clients. Those usually involve scanning barcodes with your Phone, checking prices at your local drug store and conducting field surveys. Your earnings vary from assignment to assignment and depend on the area you are based in.

For example, one listing offers $9 for 4 pictures of any products in the toothbrush section of the local Target in Mission Viejo, CA; while taking one picture of $19.99 & under video game display taken in any Toys”R”Us in NYC will earn you $5.50.

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This list of effective and creative ways to make money will help you get some extra money fast. Pick one or a few to start getting those extra bucks now!

Featured photo credit: pixabay via pixabay.com

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Last Updated on July 20, 2021

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

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

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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