If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. This is a great source of passive income but does require a large amount of effort at the outset before any money is generated.
If you have room to spare in your home, Airbnb could be the perfect way for you to score some extra dough. The premise is simple: see how much your space might be worth, list a single room (or the whole house) on the app, screen potential guests, get paid. Airbnb provides up to $1,000,000 worth of insurance to cover your belongings (and home) in the event something goes wrong.
I think what you’re asking is how you can make extra money to pay your real estate taxes. If that’s the case, it depends on your current financial situation, the amount of your estate taxes, your skills, and more. If you visit the “Make Money” section of our website, we have a few articles with different ideas that may be helpful for your situation: https://www.dollarsprout.com/category/make-money/
Create a killer course experience: With your course validated and in the works, you need to figure out how people will take it. Most course creators choose to host their courses (after going down the path of learning how to make a website) on their own blogs. This way, they get all the value of bringing customers back to their site on a regular basis. I host my own courses from a subdomain on my own site so I can easily add more. The course experience is incredibly important as well. And after trying most of the solutions, I highly recommend Teachable—an online platform designed specifically for courses.
Recording Others’ Work. If you’re a trained voice actor or narrator, or you think you have what it takes to break into the niche, you can use ACX and other outlets to find audiobook recording jobs. You’ll need to audition for each role, but once you land a gig, you’ll earn money two ways: at an agreed per-hour rate for the actual job and a shared royalty arrangement with the rights-holder and others involved in the production. If you’re a union actor (SAG-AFTRA), you’re required to charge a minimum fee (variable, but above $200) per finished hour (roughly two studio hours). On a 10-hour audiobook, that’s a minimum payday of $2,000 before royalties.
Hi Sara, This is a great list of ways to make money online. In my opinion, most of these are dependent on other companies to pay us. the idea of depending on others to make a living takes away the freedom of money. It is lot better to build a blog or a business online and make a living out of it. You can completely be independent of others. No offence to you or the said services its just my opinion :-).
Promotion. You don’t need to buy digital ads to promote your classes, but it’s definitely worth your while to drum up support by email – sending out targeted blasts to your professional and personal networks – and social media accounts. As you gain students, reputable platforms like Udemy will boost your visibility, doing some of the hard promotional work for you. However, you must opt into its extensive course marketing network.
Research Costs and Set Fair Starting Prices. Before setting prices for each item, research your local Craigslist website and nearby yard sales to get a sense of how to price them. Remember that many buyers will try to haggle, so set prices a bit higher than your bottom dollar but not so high you’ll scare off first bids. Roughly 10% to 15% higher is a good rule of thumb. Consider bunching low-value items, such as old CDs, into lots of five or 10.
One such writer, Holly Johnson from ClubThrifty, makes over $200,000 per year from her freelance work. She too has a course that teaches others how to do the same. Expect to spend some money upfront in learning how to hone your writing skills and pitch clients. But in as little as a few days, you’ll be able to quickly generate positive cash flow as you build your resume of clients.
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
Now, it’s time to plan out your show. If you’re doing an interview-style show, you’ll now want to start getting some guests involved. You can use your existing social network to reach out to people you already know or are connected with on Twitter or Facebook. You can also head to Medium or Amazon to find authors or experts on topics specific to your niche.
Teaching and tutoring English as a second language is a great way to make money online, not to mention open some doors for you to travel the world if you’d like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker and have the ability to teach, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to tutor them English via Skype. Check out Indeed, Learn4Good and Remote.co for remote english tutoring jobs or sign up on a specialized site like VerbalPlanet or Chegg Tutors.
If you have a knack for organization, you can make money online as a virtual assistant helping people to keep their days in order. A virtual assistant will do everyinthing from bookkeeping to research, database entry, booking travel, and managing email. It can also be an awesome way to rub shoulders with some very important people, build up your professional network, and of course grow another stream of income. You can find great gigs on UpWork, Fiverr, Indeed, and Remote.co.
Real estate can be a very profitable investment opportunity, but many people don’t know how or where to start. It’s also common for aspiring real estate investors to be scared off of the idea because of the upfront capital requirements. While it’s true that you do need some money to make money from real estate, technology has made it easier for investors to get up and running without much startup capital.
Take advantage of the growing delivery trend and sign up for a service like Instacart, UberEats, Postmates or Amazon Flex. You get paid per delivery, in most cases, and can even earn tips. A car isn’t always required — Postmates lets you use a bike, scooter or your own two feet to make deliveries — but a background check almost always is part of the deal. Learn more about how to get started with Amazon Flex, UberEats and Instacart.
Become a Query Machine. Once you’ve gained confidence on freelance copywriting platforms and built a modest portfolio, look for companies that actively advertise for writers – both traditional publications and companies with obvious content needs, such as PR firms. Do some research on crafting and personalizing query letters, which is an art form in itself. Then, start sending out queries to blogs, magazines, dailies, and other content-hungry organizations that fit your writing style and knowledge base. If you’re looking for byline work, each query should include a clear pitch for a single article or article series. For behind-the-scenes gigs, such as ghostwriting ad copy or press releases, condense and communicate your value proposition. Don’t sweat nonresponses. This is a numbers game, and more queries than not will be ignored.
25. Products – You can create your own product, such as an ebook or computer software. You would then use your blog as a promotion tool to get people to buy your product. As long as you create a legitimate product with a whole lot of value, you should be able to get some buyers, but like everything else with a blog, you’ll need the traffic to get the sells.
Instead, try scratching for free using an app called Lucktastic (Lucktastic is called Lucktastic Match on iOS). Each day, it releases a new assortment of digital scratch-off tickets. Lucktastic says instant wins range from $1 to $10,000. You can also earn tokens that you can exchange for free gift cards to retailers including Amazon, Walmart, Kohl's, Sephora and more.
What a great list. In the past days I have been going through similar list as this one. I am researching for myself the next employment and/or extra income. I must say only a few list really caught my attention after about the tenth one. Partly because the content was the same just written from another perspective as I know often happens. Your list certainly grabbed my attention for NEW content and i developed trust in your confidence of the links you provided, under of course to the best of your ability no guarantees in what you don’t control I understand. I also have viewed s couple other post and was impressed. Thank you for the great info and plz keep them coming. I signed your email too. Thanks again, Wendy
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
Who knew you could be paid to listen to music? Slicethepie is the largest paid review site on the internet that pays you to listen to music and write detailed reviews. How much you'll earn per review varies by the quality of your review. A.k.a. the more detailed and constructive, the better. The minimum payment is $10, so once you've reviewed enough songs to earn at least $10, your money will be sent to you via a direct payments on PayPal.
Before you roll up your sleeves and monetize your personal or professional skills, why not earn some money by cleaning up your space? Selling your unwanted stuff is a great way to downsize and declutter your life while earning some income on the side. If you’re transitioning to full-time work-at-home status, that income could help you create a proper home office or allow you to maintain your lifestyle during lean times.
Research other listings in your city on AirBnB and see what the going rate is for a place like yours. You could also just rent out a private room as well or even a bed in a shared room. In fact, that's how AirBnB got its start. However, you might find it hard in the beginning without reviews, but as long as you take really good care of your guests and provide a lot of value, the reviews will eventually come rolling in.
If you're running on fumes, financially speaking, but you have some money coming your way soon, consider pawning something of value to borrow fast cash. Of course, to get those items back you'll need to pay back the loan with interest. If you don't pay it back in time, that you'll lose the item. If it's really something that has a lot of intrinsic value to you, don't do it. But if it's something that doesn't, you can certainly consider it depending on your situation.