What would you do if you could have a bit of extra income?
Would you fund a hobby, or save for a trip? Or finally buy that dream house? Maybe you are one of the 15% who are using a side hustle to start a new business.
In any case, if you want to earn some extra cash, you aren’t alone. As the gig economy grows, so do opportunities to make a bit of money on the side. It’s just a matter of knowing what your options are.
The Cashflow Quadrant
I have read a lot of books by Robert Kiyosaki and one of them was “The Cashflow Quadrant”. This divided people into quadrants and it explains how each quadrant makes money.
There are two categories of people in the world, those who see the world through the left side of Rich Dad’s CASHFLOW Quadrant and those who see it through the right side.
🌱 E is for employee
🌱 S is for self-employed
🌱 B stands for Business Owner
🌱 I stands for Investor
The dividing line between those who are struggling in today’s economy and those who are prospering is the line between the two sides of the CASHFLOW Quadrant.
Build Wealth Inline With Your Views!
From the above we can see that there are various ways you can make money. You can be an employee, be self employed, be a large business owner or an investor. You need to find a way that aligns with your goals and your skills.
I personally have gone down the business route. I do have a job at the moment, but, I am also building my global online business.
The good thing about the world we live in now is that you don’t have to choose one method only. You can work on one while doing another one. The economy is thriving on part-time positions, side hustles, and temporary gigs, so it might be in your best interest to keep your options open —at least for the time being.
Some Ways To Make Money…
Ask for a raise
Make and sell DIY things – e.g. Etsy.com
Get a delivery job
Join focus groups
Set up a concierge vintage/luxury store – e.g. Eames.com
Use rewards programs – Every time you buy groceries, coffee or fast food you could be earning cash and rewards.
Teach English to little kids
Install a lock screen app – e.g. See an ad when you unlock your phone. Get paid.
Provide moving help
Do seasonal work
Become a content writer – check out how to launch a freelance writing career.
Do customer service and administrative support from home
Open an investment account – check out a robo-advisor service
Join a mock jury
Flip items on eBay
Look for unclaimed cash
Grocery shop for cash
Start a house sitting service
Score and administer standardized tests
Become a programmer
Work at major events
Prepare taxes for your friends and family
Rent out your hardware to others
Sell your blog
Publish an eBook
Do financial aid paperwork
Tutor online or in person
Click on websites
Edit and proofread documents
Buy and sell domain names
Save your change
Become a Nielsen family
Become a social media manager
Grow your personal social media profiles
Join a street team or become a brand ambassador
Replace cracked screens
Be a tour guide
Apply for grants
Create an online course – check out SkillShare
Plan vacations for others
Become a voiceover artist
🌱 Wash cars for cash
Sign on as a Virtual Assistant
Get a second job
Rent out your car
Scrap your old gold
Work as a handy person
Become a mystery shopper
Participate in medical research
Flip property – check out 3 ways to invest in a crowdfunded real-estate project
Participate in GPT (Get Paid To) sites
Rent out your space – e.g. Airbnb
Sell your unwanted electronics
Invest spare change – e.g. mobile banking and investment apps
Wrap your car in ads
Watch movie and television trailers – e.g. VolKno
Switch bank accounts
Sell your old textbooks
Write product reviews
Work as an extra
Buy storage lots
Enter a contest
Reconsider your phone cable and internet plans
Work as a ref or umpire
Be a model
Become an interpreter
Learn to fix computers
Sell your gaming assets
Start an affiliate blog
Work as a translator
Be a substitute teacher
Help someone with their resume
Become a YouTube personality
Get a vending machine
Create stock photos
Be a researcher
Sell your gift cards
Make money when you search online
Become a notary public
Provide assistance to the disabled or elderly
Transcribe audio and video
Grow and sell fruits and vegetables
Host dinner parties – check out Eatwith.com
Host one-off workshops
Become a personal/group trainer
Create photo content for brands