Whether you're struggling to get by or want to put money away for a wedding or vacation, extra cash flow never hurts. Here are five ways to supplement your income without doing a ton of extra work.
We all like a little extra money, don't we? Whether you're struggling to get by or want to put money away for a wedding or vacation, extra cash flow never hurts.
Because of this, there's no shortage of ways to easily earn money on the side. Everyone wants to earn more without doing a ton more work.
It should be addressed: there are some not-so-great side job options out there, and while I won't go into detail on what to avoid, I will say this: They're pretty easy to spot, like the unscrupulous "earn $100K from home" sign halfway duct taped a roadside telephone pole or the sketchy-looking person hanging around a college campus handing out pamphlets on how to earn $30 an hour selling cutlery.
1. LegalShield
As a side job that can earn you tons of extra cash, LegalShield is the rebranded Prepaid Legal. For $20 a month a client can get unlimited consultations to a reputable lawfirm. To become an Associate is to pay an upfront fee of around $100. That's it. As you sell memberships, you get promoted like any other job. In fact, LegalShield is regulated and structured exactly like Life Insurance. For more information on LegalShield and to find a local training site, email contact Paul Cape at legalshield.pcape@gmail.com
2. Dumpster-Diving On College Campuses
When I was in my early 20s, I was living in San Diego. At the end of every semester, I would Dumpster-dive at the local dorms on move-out day. I would load my truck up with stuff from UCSD, SDSU, and USD and then throw a massive garage sale. I made a killing every single time.
I had a friend who would make $3,000 to $5,000 a year by Dumpster-diving outside of the math and engineering buildings on campus. People who wrote textbooks would send them to the department heads to be reviewed and hopefully purchased for the next school year. If teachers didn't like them, they would throw those books out, and most likely a different school would be using those exact textbooks so he'd sell them on Amazon for a fee that would benefit both him and the student.
3. Dog Walker
Dog Walking can make around $300 a month for a one-hour walk five days a week off of one dog. You can charge more, but I would not charge more than $20 a walk.
4. Reselling Thrift Store Items
Go to thrift stores and yard sales to pick up anything you think you can flip on eBay for a profit.
A couple examples: I bought a scanner for $20 at a thrift store that looked high-tech, and it turned out to be a photo negative scanner that retailed for about $2,500. I flipped it on eBay for $600. Another good one was when I found most of a sterling silver dining set mixed in a huge bin of cutlery. It took me a while, but I looked at every piece in there and bought all the sterling pieces for around $5 total. In today's bullion market, I picked up about $250 worth of silver.
When I was doing this in full force, I made around $10,000 a year extra. It does take a lot of work with packaging, sending things off, answering questions, and providing customer service when something isn't right. Sometimes you have to take a hit on an item -eBay feedback is decently important for small sellers like me. The effort you put in is what you get out.
5. Odd Job on Craigslist
Look at Craigslist odd jobs section. You can help people move and do yard work, etc., with no schedule necessary and make some money on the side.
6. Donate Blood Plasma
Donating blood plasma can net $250 to 350 a month if you go twice a week (or whatever the limit is). Typically takes three hours total per week.
2. Dumpster-Diving On College Campuses
When I was in my early 20s, I was living in San Diego. At the end of every semester, I would Dumpster-dive at the local dorms on move-out day. I would load my truck up with stuff from UCSD, SDSU, and USD and then throw a massive garage sale. I made a killing every single time.
I had a friend who would make $3,000 to $5,000 a year by Dumpster-diving outside of the math and engineering buildings on campus. People who wrote textbooks would send them to the department heads to be reviewed and hopefully purchased for the next school year. If teachers didn't like them, they would throw those books out, and most likely a different school would be using those exact textbooks so he'd sell them on Amazon for a fee that would benefit both him and the student.
3. Dog Walker
Dog Walking can make around $300 a month for a one-hour walk five days a week off of one dog. You can charge more, but I would not charge more than $20 a walk.
4. Reselling Thrift Store Items
Go to thrift stores and yard sales to pick up anything you think you can flip on eBay for a profit.
A couple examples: I bought a scanner for $20 at a thrift store that looked high-tech, and it turned out to be a photo negative scanner that retailed for about $2,500. I flipped it on eBay for $600. Another good one was when I found most of a sterling silver dining set mixed in a huge bin of cutlery. It took me a while, but I looked at every piece in there and bought all the sterling pieces for around $5 total. In today's bullion market, I picked up about $250 worth of silver.
When I was doing this in full force, I made around $10,000 a year extra. It does take a lot of work with packaging, sending things off, answering questions, and providing customer service when something isn't right. Sometimes you have to take a hit on an item -eBay feedback is decently important for small sellers like me. The effort you put in is what you get out.
5. Odd Job on Craigslist
Look at Craigslist odd jobs section. You can help people move and do yard work, etc., with no schedule necessary and make some money on the side.
6. Donate Blood Plasma
Donating blood plasma can net $250 to 350 a month if you go twice a week (or whatever the limit is). Typically takes three hours total per week.
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