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25 Things to Sell to Make Extra Money Easily

25 Things to Sell to Make Extra Money Easily

Making money can often seem more difficult than ever before. Many people rely on pawn shops and Craigslist ads to get a little extra money when things get tight.

The good news is, you don’t have to hock your computer or your great-grandmother’s prize china to make ends meet. Why not put your computer to work for you?

Here are 25 things to sell to make money right from the comfort of your own home:

1. Old stuff

If you don’t use it, why shouldn’t you make a little money on it? Selling old household items and clothing you’re not using anyway is a great way to clear out your storage areas and make some cash at the same time!

2. Handmade goods

If you are handy with arts and crafts, you can sell these through sites like EtsyArtfireHandmade at Amazon and Cargoh. It may not make you rich, but it can make a great sideline income.

3. Opinions

Everyone has an opinion on something. Why shouldn’t you get paid for yours? There are websites and companies that are willing to pay for your input and ideas on making their products and services better! For example, you can writer reviews on places you go on Yelp!

4. Car advertising space

If you’ve ever seen a vehicle wrapped in an ad for a company, the logical conclusion is that the person driving it works for the company. This is not necessarily the case, however.

Companies will pay from $400 to $900 a month or more for you to turn your car into a mobile billboard for their product or service, which is the same as covering your rent and possibly a load or two of groceries for most places! Wrapify is one of those companies.

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5. Spare room in your house

Renting out a room in your house may not seem like a great idea. But if you can find a solid and reliable tenant, renting a room is a great way to make extra money while helping someone else get on their feet.

Depending on the rental market in your area, you can rent a room for anywhere from $150 to $1,000 a month or more. Check out Spareroom and you can rent your room within days.

6. “Flipping” items

Sometimes you have to spend money to make money. Buying items from eBay, Etsy or even Craigslist, rehabbing them, and turning them around for sale can net you big profits. A good rule of thumb here is to never spend more than 75% of the item’s list price and never accept less than 25% more than you bought it for.

7. Old books

If you have a bunch of old books you don’t read anymore, someone else might want them! Used bookstores will often pay you store credit at 50% of what the books can sell for, or 25% of their value in cash. This is another great way to clean house and clean up at the same time!

Try your nearby local bookstores or sell books on Decluttr or Amazon.

8. Gold jewelry

With gold at record high prices per troy ounce, it’s a great time to weed through your jewelry drawer or box and get rid of some of that hideous jewelry you inherited or were given by well-meaning but clueless friends or relatives.

Gold’s value fluctuates, but you can expect to make around $600 an ounce or more, meaning you could be sitting on a treasure trove of spare cash!

9. Recyclable materials

Bottles, cans, bags, newspapers… the list of things that can be recycled just keeps getting bigger. Check out your local recycling center’s website and start a collection bin for the things they take. Recycling is not just good for the environment, but it’s great for your wallet!

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10. Photos

How would you like to turn your amateur shutterbug hobby into a money-making profession? Sites like 123RF.com and Shutterstock are always looking for new photos to license. The best part of doing this is, posting your pictures can turn into a perennial revenue stream that pays you over and over for those pictures you thought no one would ever want!

11. Plasma

Blood banks always need plasma and blood products to help treat sick and critically injured people. Depending on your blood type, you could turn your blood products into a helpful source of extra income.

12. Sperm

Not everybody is comfortable with the idea of selling their DNA. However, for couples who have a hard time conceiving by traditional methods, this can help them know the joy of parenthood and help you out by giving you some bucks. Win-win situation!

If you are fit and healthy, you can become a sperm donor here.

13. Egg cells

Egg cells are by far the most sought-after and costly form of conception assistance. A woman selling her eggs could realize upward of US$10,000 on one batch, making this a very lucrative way to help yourself while helping others create a new life!

If you are healthy, you can become an egg donor here.

14. Ideas

Your ideas may actually be worth money. Writers, journalists, and people in all manner of professions are always looking for new and innovative ideas. Many of them are willing to pay good money for your thoughts and ideas. Example of this are Innocentive.com and Leonardo League.

15. Video gaming skills

Believe it or not, people can actually get paid to help online video game players navigate puzzles, defeat bosses and solve troubleshooting issues. Being a video game consultant is a good way for gamers to make money while helping newbies get through that infuriating level you had so much trouble with. It could pay you up to $50,000 a year!

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16. Shopping sense

Companies like to know what the customer experience is like on their sites and in their stores. Why not become a mystery shopper?

Mystery shoppers can make a full-time income by working only three to four hours a day, making this a great solution for stay-at-home moms and people who want to pull in extra money without committing to a full-time schedule.

You can get mystery shopping opportunities via Mobee app or Marketforce.

17. Services

Do you like kids, pets, or seniors? Why not sell your time taking care of and keeping other people’s loved ones company? This is a good way to get in some socialization and pick up some spending money.

You can check out petsitting opportunities at Petsitters or childcare opportunities at Sitter.com.

18. Freelance work

If you are handy with a turn of phrase, you can turn this into income by selling your work to e-publishers, article-writing sites and even self-publishing. It’s a good way to meet new people, make new connections and generate income! Find out more about this at Freelance Writing Jobs.

19. Consultations

Doing consulting work can be fun and rewarding, and it pays well if you are really good at what you do. Tutoring, helping build a better website or even giving interviews and information for books and articles can all help you make extra money while doing things you’re truly passionate about. There are some companies that look for consultants: FlexJobs and Upwork.

20. Blog advertising space

If you have a blog, you could be making money at it. High-traffic blogs with interesting or controversial material can be leveraged to create an additional revenue stream for minimal work on your part. Selling blog advertising can help you draw more traffic to your own site and pull in extra money just for the time it takes to post a sponsored ad!

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21. Editing services

Maybe you are not a writer but you know good writing when you see it and know how to make it better. If you’ve ever said, “If this writer had just used this word,” you have the potential to be a freelance editor.

Freelance authors are always looking for editorial input at reasonable prices. Expect to break even or maybe lose a little money short term if you do this. But as your reputation and that of your clients grows, you can bet you’ll start making great money for doing something you do for free anyway! Fiverr offers many of such opportunity.

22. Articles

People with a flair for words and a unique way of getting their point across are worth a lot of money to blog owners, and they’re willing to share. Textbroker.com is one of those great places to make money off your ability to communicate!

23. Art

If you like playing with computer graphics and images, and you enjoy imagining characters from books on the screen, you have everything you need to be a cover artist. A good freelance cover artist can make $75 or more per cover created, and many cover art sites even do discount specials on premade covers to help generate business. Fiverr also offers many of such opportunity.

24. Photo manipulation skills

If you are good with Photoshop or Gim, and like restoring or manipulating photos, you can turn your hobby into revenue. Photo retouching, eye color correction, and even image cropping for holiday and birthday cards are all possible ways you can make money on your photo-fixing chops. Check out Fiverr for anyone looking for photo editing skills.

25. Your business mind

Maybe you have a new take on an old business model, or want to try a new approach to an idea you’ve always wanted to work on. Why not start your own business? The out-of-pocket expenses could go as little as $15-20 a month or as high as your budget will permit. But remember you have to spend money to make money!

There are companies like IdeaBuyer that help to turn your idea into a real business.

Starting your own business can be a very satisfying way of making money on your terms and your schedule. The income potential is really limited only by what you are willing to invest in your success.

Featured photo credit: Unsplash via unsplash.com

More by this author

J.S. Wayne

J.S. Wayne is a passionate writer who shares lifestyle inspirations and tips on Lifehack.

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Published on January 8, 2021

How To Pay Off Credit Card Debt Fast: 7 Powerful Tips

How To Pay Off Credit Card Debt Fast: 7 Powerful Tips

Ever wondered whether your credit card debt is the reason you’re in a bad financial situation? You can’t enjoy any fun activities because a good chunk of your money goes toward debt payment. Heck, you’re even behind on some of your monthly bills.

The effects of clumsy debt management are too many to list here. This guide is going to help you discover how to pay off credit card debt fast and start chasing your financial goals.

Debt problems are the last thing anyone wants to encounter. But things can get out of hand when all the “little debts” you take accumulate in interests.

What if you knew some simple and proven ways to be debt-free quickly? Implementing them would mean better financial health for you. It becomes possible to free up cash for your “wants.” These include taking a trip or buying something you’ve always desired. All that while paying your bills on time!

Let’s not wait any longer. Here are 7 powerful tips for paying off credit card debt fast:

1. Pay More Than the Minimum Credit Card Payments

Many people only pay the monthly minimum on their credit cards. Truly, that’s the right amount for staying on good terms with your credit card company. But you need a different approach if you’re looking to achieve financial independence within a short time.[1]

Most of your payments go toward interest costs when you only pay the minimum amount. A substantial sum of your balance remains standing. As a result, it becomes more expensive to eliminate your debts.

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You don’t want to wait more than 10 years to get rid of debt while it’s possible to do it sooner. All you have to do is double that $100 minimum payment to $200 or go higher.

The good thing is that minimum credit card payments are affordable in most cases. By paying a higher amount, you reduce your interest costs, lessen your borrowing period, and boost your credit score.

2. Start With High-Interest Credit Card Debt

If you have more than one credit card debt, prioritize putting the extra money toward the ones with the highest interests. This debt pay-off strategy, known as the debt avalanche method, is essential for being debt-free quickly.[2]

First, you need to list down all the credit card debts you have in the order of their interest rates. Next, you choose the one with the highest interest and pay a significant amount toward it each month. It can be an amount twice or even thrice larger than the minimum payment.

At the same time, you make monthly minimum payments on the other debts. Their interest charges won’t be as costly as that of the first debt on your list. You only move on to the next high-interest debt after the first one is gone. Remember that your focus is on the interest rates and not the balances.

3. Revisit Your Budget

Budgeting is useful for tracking your financial moves. Once you create a budget, some tweaks along the way can make it work for you better. One situation that requires you to revisit your budget is when you’re struggling with debts. It might hurt a bit to slash some expenses. But you also don’t want to miss out on achieving financial freedom in the long run.

You can reduce some variable expenses to free up more cash for credit card debt payments. They’re the ones that change from time to time. Some examples are groceries, fuel, and clothing.

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Other opportunities for cutting down your spending lie in non-essential expenses. Instead of dining out all the time, you can cook at home more to save money. You can also share some subscriptions with friends and pay a fraction of the cost.

If you’re determined enough, you can eliminate all your unnecessary expenses and focus on paying off your credit card debt first.

4. Avoid Using Your Credit Cards

Do you want to know how to pay off credit card debt with a low income? One simple way is to stop using them. Having your credit cards everywhere you go means that you’ll be more tempted to buy unnecessary stuff. In this case, you spend money that you don’t really own and get deeper into debt.

The quickest fix to stop the debt build-up is spending with cash. You’ll be more aware of everything you can afford at any particular time. If you decide to keep one or two cards to ease the transition, always make wise choices. For instance, only use them when experiencing financial difficulties.

It’s best to categorize your fun activities under “discretionary spending” in your budget. This way, you won’t need more debt to kill your boredom. By halting your credit debt from accumulating, it’s easy to pay down what you already owe and be happy with the progress.

5. Start a Side Hustle to Boost Your Income

You’re probably turning away a lot of money by not monetizing your skills. Everyone has something that they’re good at doing. And you can use that to generate extra income for attacking your credit card debt.

If you look around your neighborhood, you can find several side hustle opportunities. It can be pet sitting, tutoring, or lawn mowing. You can start an online business by offering services such as digital marketing, content creation, and web development. Such skills go in high demand on freelance sites and job boards.

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Finding clients on social media is also a good strategy to utilize your skills and make more money. Facebook groups, Quora Spaces, and subreddits are some places to look for side jobs. You only have to join a niche-specific platform, share your services, and respond to any opportunities.

It’s possible to learn a skill, practice it, and earn from it. Use the free resources online or purchase some e-courses to get started.

6. Sell Your Used Items for Extra Cash

Starting a side hustle isn’t the only way to generate extra money. You can turn unwanted items into cash for paying off credit card debt. Whether it’s an old TV, book, or furniture, there is always someone itching to buy your used stuff.

A garage sale, as much as it’s old-fashioned, is perfect for getting your neighbors and passers-by to buy from you. You keep all the money because there are no business permits or taxes involved. While you may not make much cash, it’s better than leaving your stuff to go defunct in your storage.

Other than that, you can sell your used stuff on online marketplaces. Facebook groups are great places to start if you want quick approvals and hence sales. You only have to ensure that your listing follows Facebook’s commerce policies.

When selling any pre-owned items online, ensure they’re in good shape to avoid problems with your buyers.

7. Know When to Seek Help With Your Debt

Asking for help with your credit card debt can be challenging to do. But letting it drown you is a road you don’t want to take. While you may feel embarrassed at first, it’s the best way to get back on track when you run out of options.

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There are tons of non-profit credit counseling organizations that can offer you free guidance on how to escape the debt trap. An example is The National Foundation for Credit Counseling. They simply review your finances and help you determine the source of your financial problems. After that, they match you with an actionable debt management solution.[3]

In extreme cases, the debt solution can be:

  • Debt relief – where your debt is partially or wholly forgiven
  • Debt consolidation – taking out one loan to repay others
  • Debt settlement – the creditor forgives a significant portion of your debt
  • Bankruptcy – legal process for seeking relief from some or all your debts

It’s necessary to carefully weigh your options before deciding on the way to go. Find out how it might affect your credit score and any other risks.

Wrapping It Up

Debt is a major setback when you’re trying to prosper in life. Paying off credit card debt is essential if you want to reach your financial goals. That means having more free income, a good credit card score, and even a chance to retire early. You become more productive each day because of the peace in your mind.

So, you now have some tips on how to pay off credit fast. Go ahead and get rid of that good life progress killer!

More Tips on How to Pay Off Debt

Featured photo credit: rupixen.com via unsplash.com

Reference

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