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How to Earn Some Extra Money

Most of us could use some extra cash. It would be nice to have a little more in our bank accounts for a rainy day, or to have a bit extra to pay down debt. Having some extra money around the holidays could help with bills and earning a bit more would make it easier to afford expenses. However, if you’ve spent any time looking for ways to earn extra money, you’ve likely found that there are a lot of scams out there.

We’ve all seen ads that tell us how someone “Made $10,000 in one week sitting at home!” These ads seem tempting but, deep down, we know they’re too good to be true. Unfortunately, a lot of ideas out there for making extra money are scams.

However, not every way to earn extra cash is a scam. Here are five real ways that you can make a bit of extra cash.

Sell your Stuff

This is probably the most common (and likely most successful) way to earn extra money. All of us have stuff and usually we have a lot of stuff that we don’t use anymore. If you have old clothes, shoes, toys, electronics, music, collectables, etc. that you don’t use anymore, you can make money by selling them. Plus, you’ll clean up the clutter from around your home.

One way to sell your things is by having a garage sale or a yard sale. Another is to sell items at a local flea market. However, you can also sell items online using eBay, Craigslist, or a number of other sites.

Rent Out a Room

If you have a larger home and a spare room you’re not using, you can make money by renting it out. Sites like Airbnb make this easier than ever before. You will likely have the most luck with this strategy if you live in a large city, near a tourist attraction, or in a location that is hosting a major event. People who are looking to visit your neighbourhood, but who do not want to stay in an expensive hotel room, will gladly pay you to sleep in your extra space.

However, before you do this, make sure you are comfortable with sharing your home with strangers. You’ll also want to make sure to take proper security precautions before renting out your extra room.

Make Money from your Hobbies

All of us have hobbies, so why not make some money with them? If you like to knit or sew, try selling some of your work on Etsy or other sites. The same will work if you are interested in woodworking, painting, writing, or just about anything else. There is often large demand for one-of-a-kind, handcrafted goods, so consider selling things that you make yourself. Not only will you earn some extra money, but you’ll also enjoy yourself!

Use Apps

There are a lot of apps that help you earn a bit of extra cash. Some apps pay you for filling out surveys or reviewing products. Others give you cash or rewards for being active, being a mystery shopper, or doing just about anything else. There are also apps out there that let you rent out your driveway to people who are looking for parking. Look around and see what interests you.

However, before signing up for any of these apps or services, it’s important to read reviews. Check out the app store you’re downloading from and see what other people are saying about the service. Search online to see what experiences others have had. As mentioned, there are unfortunately a lot of scams out there, so you’ll need to do some research before trusting an app.

Do Odd Jobs

There are a lot of ways to make extra money by doing odd jobs. Think of what you can offer people. Are you skilled at repairing things? Are you an effective cleaner? Do you want to help people move? Can you do landscaping or photography or babysit children? Advertise your services in local papers and on classified sites and make some extra money this way.

Again, there are also apps and websites out there that can help you. For instance, if you like driving, consider becoming an Uber driver. If you’re polite and courteous, there are several sites where people can hire others to serve as virtual assistants. Think of what skills you have and then find a way to get someone to pay you for them.