7 of the Easiest Ways to Make Extra Money
It’s the ultimate goal: watch money pour in, while exerting little, if any, effort. Ideally, this is how any of us would choose to live.
Though most of us aren’t afforded such luxuries, it doesn’t mean we can’t pad our income a bit by doing as little as possible. A lot of us could definitely use a few extra bucks at the end of the day — be it to get ahead of our monthly bills, or simply for beer money — as the standard paycheck may not be cutting it. No matter your situation, there are a ton of money-making opportunities out there, from buying and selling things, to exploring your own interests, and exporting them to the world.
We’re all looking for an easy way to make money, and the truth is, there are a lot of ways to do it. For those who have families, or simply not a lot of time and energy, the following pages will hopefully be a valuable resource as to how to give your earnings a boost. You may not get rich through these methods, but they should be able to give you a little bit of help.
Read on to see seven ways you can make some extra cash with little effort.
You’ve heard of sites like Fiverr, right? Well, there are people who make a living off of doing microjobs for others — or at least make some good money in their spare time by utilizing similar platforms. You can sign up for Fiverr, or look for other sites that allow you to do microjobs for others.
Amazon Mechanical Turk is another option, and lets you do small, simple tasks from your computer for a small payment, typically some pocket change. But do enough of them, and you can earn your beer money for the week. You can also look at sites like Clickworker, and many others.
2. Research Studies
This may or may not be a viable option, depending on where you live. In cities like New York, San Francisco, and Seattle, big companies need feedback on their products. That’s where you come in — you can test and give feedback for any number of companies, and get paid for it.
The trick here is to figure out what companies do the testing, and get on their list. Before you know it, you could be testing video games for Microsoft, experimenting with new Amazon interfaces, or any number of other things. Check out companies like User Research International to see if you can get in on any nearby tests.
3. Medical Studies
Like research studies, medical studies may or may not be available to you — it all depends on your location. But if you’re close to a college or university, preferably one with a medical school, you may be able to take part in paying studies. A lot of people may be freaked out by this idea, but there are studies that require almost zero effort on the participant’s part. You just need to look around.
Check out government listings, and see what you qualify for. There are some interesting and surprising case studies going on, almost all the time. You never know, you may end up getting paid thousands to literally do nothing.
Ah, the art of churning.
If you’re unfamiliar with the term, it basically refers to the act of racking up rewards from a variety of different sources. Reddit has an active community, and as its wiki explains, it basically comes down to this: “Churning is the practice of signing up for credit cards that offer large signup bonuses in the form of miles, points, or straight cash back for the purpose of obtaining the bonus before cancelling the card. In a broader sense, churning can refer to simply maximizing credit card and travel rewards.”
This could be a way to earn some freebies, and doesn’t require a lot of effort on your part. But it can be risky, and requires that you pay attention to what you’re doing.
Flipping is fairly simple — buy low, sell high.
This can be done in any number of ways, with any number of items. A lot of people spend their free time scouring sites like Craigslist, Amazon, or Ebay, looking for deals. If you find one, buy it, and then “flip it” — that is, relist it for a higher price and pocket the proceeds.
You can try this with old, beat-up furniture, cars, or anything else. Buying a rundown item, polishing it up, fixing any minor issues with it, and restoring it to a like-new condition can fetch you some serious money.
Okay, this one requires a little effort, admittedly. But if you know a subject in and out, then it should probably come pretty easy to you. The only hard part, for some people, may be interacting with students.
There are a ton of online tutoring platforms out there, and signing up to offer your services and expertise as a tutor could bring in some serious bucks — all with just a few hours worth of work per week. Many allow you to set your own hours, and decide who, what, and when you want to lend students a hand. Check out sites like InstaEDU for an example, though there are many others.
Modern technology has allowed anyone to become an entertainer. And there are actually ways that you can turn your hobbies, or vices, into revenue streams. For example, if you’re a gamer, you can stream your playing worldwide through Twitch. If you’re into doing product reviews, or even just making comedy videos, you can make money through YouTube with enough hits. Or, if audio is more of your thing, podcasting is becoming a viable way to make money as well.
These will take some effort, but if you’re exploring your own interests, they won’t feel like work at all.
Follow Sam on Twitter @SliceOfGinger