Reading Time: 3 minutes How To Make Extra Money 6 Easy Ideas
This is a guest post by Ellie Jo on How to Make Extra Money.
The cost of living seems to just keep on rising, and many of us are looking for new ways to make money on the side. Start making plans today with these six money making ideas.
1 . Test Apps & Sites To Make Extra Money
Testing apps and websites is an easy way to make some extra money. Web testers are paid to spend time on a site or app, to assess the usability, features and functionality. If you’re looking to make money quickly, these types of sites are worth a look.
To get started check out UserTesting.com, the first step is to input your email address and complete a short practice test. Next you can browse through different screening questions, to find appropriate testing opportunities. Participants receive $10UD for 20 minute tests, and up to $120 for taking part in live interviews, (UserTesting, 2021).
2. Start a YouTube Channel
Starting up a YouTube channel is a great way to make extra money from home. The startup costs are low and there’s plenty of space for new content creators to grow. Some of the most popular types of YouTube videos are tutorials and how-to guides, vlogs, product reviews, educational videos, comedy sketches, and video game content.
YouTube is full of similar content, so you’ll need to figure out a USP to help you stand out. Spend a bit of time researching your target audience, and figuring out how best to engage them.
3. Investment Options
There are many different ways that you can invest your money, whether it’s stocks, cryptocurrency, or real estate. Before you pursue investment opportunities you’ll need to perform adequate research, so that you are confident to make decisions. Beginners should focus only a small part of their investment portfolio on cryptocurrency. You’ll also want to learn about crypto tax cpa.
Alternatively, beginners may prefer to use Robo advisors. These software tools work by assessing your preferences, and then making small automatic investments for you. Apps like these are a great way to make a start, without too much risk.
4. Dropshipping To Make Extra Money
Perhaps you like the idea of setting up an online store? With dropshipping, the process to make extra money couldn’t be easier. Dropshipping services allow you to set up an online store without actually buying or holding any stock. How does this work? Essentially you choose the products that you’d like to sell, and display these on your website. When someone makes a purchase the dropshipping company sends your customer the product. You’ll receive the payment (and the dropshipping company also takes a cut).
5. Sell Pictures And Photography
If you’re great at taking photos consider selling your pictures to stock photography sites. There are plenty of different places that you can sell stock photos, including Alamy, Getty Images, Shutterstock and Stocksy. You don’t have to put a lot of spare time aside to make money with pics, you might even already have photos on your phone that are perfect for stock sites!
6. Rent Out Your Car
Want a super easy way to make some cash? Try renting out your car when you’re not using it. There are plenty of services which you can use, including Avail. The company operates at airports all over the country. To use Avail you leave your vehicle at the airport, and then list it on the service app. Individuals who arrive at the airport can rent your car, and then return it when they are finished.
Conclusion: How to Make Extra Money
Greg is a Chartered Financial Analyst (CFA) with 22+ years experience in Financial Services. He has held numerous FINRA Securities licenses (series 7, 63, 65, and 66), and is an expert on Investment Products and Financial Planning. Greg has 22+ years experience as a real estate investor and degrees in Psychology and Philosophy.
Greg has been quoted/interviewed in Yahoo Money, Yahoo Finance, USA Today, Authority Magazine, Realtor.com, Business Insider, and others.
Greg is an avid runner, and the father to identical twin girls and their awesome brother. His love of budgeting and his kids led him to join The Great Resignation in 2021.
Disclaimer: Any Financial Tips on ChaChingQueen are general and informational. Speak with a professional about your specific situation.