20 Awesome Ways To Earn Extra Money

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20 Awesome Ways To Earn Extra Money
Photo – pixabay.com (PD)

Introduction: There are ALWAYS ways to make money



I was recently shocked to read a highly negative opinion that “many people have no way to earn more money”. Not only is this completely false (except perhaps in cases of severe ill health) but it’s not the kind of attitude that’s going to get you far! In truth, there are a mountain of ways to earn more money, that are available to all kinds of people.

I thought it would be helpful for people to get as many money-making ideas as possible, so I compiled a list. There are a diverse range of ideas here and hopefully “something for everyone”.

Some of these ideas for for “extra money” and some are “bread-and-butter” – but in truth this is more often a question of how hard you go at it and how big you scale your operations. It’s up to you; your patience, brilliance and determination. If you can do more work than other people, you can often earn more. If you can create a system or network that empowers many people and gets them all to work on the same project, you might be able to create an empire.

Here are 20 superb ideas to bring in some cash. We’ve made it our goal to include something suitable for people from all walks of life:

1. Sell Some Of Your Old Stuff On eBay



Most people have items they no longer really need – and it never ceases to amaze me that so many people (especially here in the good ole’ USA) have basements stuffed to the ceiling full of things they will probably never actually use again.

Many of these items are potential candidates for selling on eBay. Think in particular about items that are smaller, not too fragile, easy to mail, and would fetch over $50. Sort out your stuff, get rid of your junk and take a bite out of your money problems at the same time. I did this and it worked really well for me. Bigger items could possibly be sold locally on craigslist.com. And I’m sure that if you are “too busy” there are still companies that will sell your stuff for you on eBay for a percentage.

You’d be amazed at what you can sell on eBay. I once sold a dead laptop on eBay! I explained with absolute clarity that the computer was dead as a doorstop, that some of the parts may or may not be working, and that I made no guarantees whatsoever. I sold it and received positive feedback from the buyer – because they knew what they were getting and were obviously planning to “scrap” the computer and salvage some working parts.

Tip – I always enable the “Buy Now Only” option when selling on eBay. I find I get more, quicker sales that way – so long as the item is priced to sell – in other words just under the “going rate”. Many serious buyers prefer to buy there and then when they have decided they want something. They don’t want to wait for a few days and see if they won (or up their bid).

Another thing that’s hugely important is being a “good seller”. Always be meticulously honest when describing your items and any flaws they may have, package your items impeccably with excellent padding, and follow through well with communications and transaction details. You want that good feedback. I have 100% positive feedback from well over 100 transactions and the amount of trust it builds is invaluable.



You might even be able to clear out enough space with all the junk you get rid of, that you can also free up some space and make some money renting it out (see no. 5 below). And there’s also potential to create an “eBay store” and turn buying and selling on eBay into a business.

2. Teach Others What You Already Know

Everyone has developed and acquired skills and knowledge of some kind. You can make money from these. Possible monetization options to investigate include one-on-one tuition, giving workshops or lectures, creating PDF “how-to” documents, creating a “free tips” type blog or web site which features some advertising.

Many people have amassed great expertise or experience of some kind, and if you are one of these, another fantastic option is consultancy. True experts in their field can often make great fees as consultants helping others to success.

3. Asset Consolidation

Asset management – putting what you already have to work – is one of the real “secret keys” to wealth. Many people have assets sitting around “doing nothing”; so consider trading in assets that are not making you much money for assets that will earn greater revenue. This could be anything from a stock that is going nowhere through to an old painting that is gathering dust in the attic – and funneling that cash into an investment or business opportunity. Also, do not leave money lying around idle – put it to work, invest it!

4. Content Libraries

There are many content libraries – such as Shutterstock and Fotolia which enable you to upload digital content (in the case of shutterstock and fotolia, this is photos – but there are other options out there such as audio content).
You then profit every time this content is downloaded. This could be a wonderful way to earn some extra cash. If you have a good digital camera and some photography skills, there is unlimited potential here. Can you think of imagery that is rare in other places but common in your location?

5. Rent Out A Room

Clear out that spare room and find a tenant! Be careful to find a good, respectful person and you have a great source of additional revenue. Background checks are valuable. Also, if you work for a big multinational corporation, the kind that often flies people around, you may be able to earn money making rooms available to people who work for the company. Another option, if you live in a picturesque or touristy area, is to consider creating holiday or B&B accommodation. Other options to consider, if feasible, include renting garage, workshop or studio space.

6. Work From Home / Your Computer

There are many genuine ways to do this. Web / graphic design, data entry and other computer work, proofreading… there are plenty of options. What are you good at?
Internet opportunities not only have huge potential but can be especially valuable for people who need to stay at home or are limited in some ways in mobility. I once injured my back and could barely walk. I could not do my regular work for a month. But I could sit at my computer and type! Some people have children and need to keep one eye on them – so this kind of work might be perfect for them also. Others already have work-from-home businesses and may be looking to earn extra money on the side.

There is much freelance work available. Here are more options to investigate for freelance computer warriors, coders and designers:
Getafreelancer.com
Guru.com
Odesk.com
Onlinejobs.ph (Philippines)
Limeexchange.com

7. Busk

(Note – being a street performer in some locations may not be legal or may require a special permit, please check.)
If you have circus skills, are a great instrumentalist, or are a theater performer of some kind, street performance can be a fantastic way to earn some extra money. You have to be able to impress. You also gain a huge amount of exposure to your work this way and it may also be possible in theory to use it as an opportunity to sell CDs, promote performances / sell tickets, or collect names for an email list – to whom you can then promote further music / shows / etc.

8. Create And Sell Art And Crafts

From making clothes through to making candles, carving wood through to making stained glass, there are many avenues for the crafty. A good thing about this is that you can do it small-scale – and turn an enjoyable pastime into a way to make some extra cash.
An option for artists is to approach businesses (typically small retail or cafes, but there are many options here so be creative) offering them a percentage of sales in return for hanging their paintings.

This is a tougher game than it used to be in developed nations: One of the challenges of making crafts is that you are competing head to head with foreign imports of products that are made far cheaper than yours can be. But then, you don’t have to do it all yourself: I have friends who have successful businesses designing clothing and jewelry and having it manufactured in Bali.

9. Ask For A Raise

The first step towards this, obviously, is in doing excellent work. The next step might simply be to ask for it – have you actualy asked? If the answer is no, don’t give up: You could try “So, what would I need to do in order to get this raise?” Done in the right way, this can demonstrate great ambition, drive, value. You are the kind of person who they want to keep around – this is what you need to “sell” here.

10. Develop A New Business

The sky is the limit here, but the initial concept is simple: First you need to have something that people greatly want or need – whether it is skills, or the ability to create certain items. Everyone has something to offer. The trick to generating interest is in focusing on creating high value, and on working in markets that are growing and have real potential.

11. Get An Extra Part-time Job

You know it’s true: There is always work that needs doing. One of the key skills here – ask for it! One tactic I have pursued very successfully on several occasions in the past is to send a mass email out to my entire list of friends and family simply asking for work, listing what I am interested in doing and seeing who is interested. Another tactic is to use spare time such as a lunch hour simply approaching businesses and straight-up asking if they have any work. There’s also the option of “odd jobs”: Mow lawns, clean, wash cars, do dump runs or deliveries. There is unlimited potential for the driven and industrious to succeed.

12. Garage / Yard Sale

If you are like most people, you have a basement, attic or even whole rooms full of clutter. Get rid of it. You can also free up your storage space and potentially save even more money this way! Team up with your neighborhood to hold a big yard sale, a lot more people show up that way. Another yard sale strategy – if you are an expert in spotting valuable items, you can buy from yard sales and sell on eBay. As they say, ‘The money is made on the buy, not the sell.’

13. Collect Recycling

Instead of just handing it in, consider that there are organizations that will pay for separated recycling. It might seem “low status” to some – but you’re helping the environment and therefore your children’s children. What could possibly be higher status than that? Aluminum cans fetch a particularly good price.
Here in California, most beverages other than milk, wine, and distilled spirits are subject to California Refund Value (CRV). If you see a symbol that says CA CASH REFUND or CA CRV, the container is eligible to be recycled for cash.
The current rate is 5¢ for most glass bottles, plastic bottles, and aluminum cans less than 24 ounces. 10¢ for equal to 24 ounces and larger.

14. Collect Missing Money Owed To You

Missingmoney.com is a famous web site that enables people to search for money that may be due to them. An amazing number of people find money that is due to them this way.

15. Teach English Online

Another work-from-home option – teaching English. I met a lady who teaches English online using Skype. She basically chats in English with professionals in other countries, some of whom are very highly educated, and they pay her a fantastic hourly rate, I think it is around $40/hr. She gives them a great opportunity to practice real conversation with a native speaker and they pay for her time.

16. Sell Produce Or Flowers From Your Garden At A Local Market Or Store

Something for the gardeners and green-thumbs among you. Often, local stores will be delighted to take locally grown produce. One note – be aware of Codex Alimentarius – there may be important paperwork that needs to be taken care of. I’m not sure of the full details of this and it may only apply to those generating larger revenues – but in truth I admit this is not my area of expertise and I don’t know. Be sure that what you are doing is above board.

17. Youtube

If you have the knack of making videos that are highly useful or entertaining, this one is for you. Youtube has now become a fully-fledged business model for numerous people.
What many don’t realize is that Google pays a portion of the advertising revenue to the video owner and the advertisers pay based on the number of times the ad is displayed. Essentially, you get paid for how many views you get.
So, you need to create something that goes viral, ideally. Now that is a whole art and science in and of itself – but much of the “hard data” on what will work for you can be seen by observing what has worked for others. It’s rumored that they guys who created the silly video of a “Cat on a Roomba” made enough money to buy a house.

18. Put Advertising On Your Web Site

If you have a web site that gets some decent traffic, try putting Adsense ads on it. If you use Adsense, pay very careful attention to the terms of use, and you’ll start earning money while you sleep. There are numerous Ad systems and the more traffic you generate, the more willing they will be to pay you for access to it. If you have traffic, internet Advertisers WILL contact you out of the blue offering you deals.
There are plenty of tips online for how to maximize Ad revenue which are worth further research – but the best simple advice I can give is this; Create high quality content and generate interest in your pages through having something people really want. Another Ad system that I think is very worthwhile is Clickbank. You can choose products to be an affiliate for, and Clickbank’s system has some very sophisticated automation features that truly make automated revenue a possibility.

19. Pet Sitter

Funnily enough, I am actually doing this one right now as I type! My friend is on vacation and his dog is asleep in the garage. We have a large area out back with a high fence – and all I really have to do is check up on the dawg and give him some “human time” a few times a day, take him for a walk, feed him according to instructions and with food provided, and make sure his water bowl is topped up.

It’s easy money for me, this one – and my friend is happy knowing his Best Friend is with someone who will be nice to him. This could be ideal if you love animals, have a calm, kind temperament and enjoy / have experience and skill working with them. I love dogs and lived with them from as early as I can remember through to when I moved out of my parents house! I found a great article with more details on this here.

20. Sell Something On Fiverr

This is truly an opportunity that is open to pretty much anyone with a computer. Looking at the top bar of fiverr.com you can see what people will do for 5 bucks. All kinds of things. One of the best tips would be to create a digitally downloadable product such as a tutorial PDF that you can then send someone for $5. Fiverr.com keeps I think 10% of the revenue, leaving the seller with $4.50 – a great deal.

Summary

Well, there it is. I hope you have seen from this that there really are a mountain of possible ways to earn more money. Often, people say they cannot make more money. Perhaps they just needed some fresh ideas, passion and the motivation to give up some of their leisure time. I hope you’ve found some here. You’ll never do anything if you sit around making excuses or saying “I can’t”. You can! Now get going…

— Alex Newman

© 2009







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