It’s best to use a platform like Airbnb, which can easily connect your listing to renters. It also takes care of scheduling and payment processing; gives you the opportunity to build credibility through reviews (which will make renting out your space even easier in the future!); and protects you by verifying guests and covering every booking with $1M in property damage protection.
Reduce monthly debt payments: Not all of us are in such a dire situation that we can just have our debt forgiven. However, you can cut your payments by up to 80% by refinancing. Most credit cards have interest rates above 25% and Credible’s refinance loans are as low as 4%. It won’t change the amount of your debt, but it can reduce your monthly payment significantly.
Companies like Uber and Lyft offer a great opportunity to make some quick cash. You'll need a clean driving record, a fairly new car and the authorization to work wherever it is that you live. If you have all of those things, you can work when it's feasible for you, whether that's in the middle of the day during rush hour, or in the wee hours of the night on a weekend. The choice is yours.
Andrew Fiebert is a thirty-something soon-to-be father of twins, a self-professed data nerd, and has worked as a Data Engineer for Barclays Capital and iHeartRadio. He's spent the past six years growing LMM into a multi-six-figure business with over 500 hours of free personal finance education that reaches over 1 million people every month. Andrew has a B.S. in Computer Science and has been featured in Quartz, Forbes, Business Insider, and The Telegraph.
Diligence. In this industry, the line between scams and honest businesses is blurry, so you need to do your homework before accepting a position. Call the Better Business Bureau in your area to find out if there have been any complaints filed against the company, and do an online search on their name. Alpine Access is a well-respected company in the field, and Call Center Careers is a great place to look for legitimate call centers looking to hire.
If you have a literary flair and can engage readers via articles, blogs, scripts, and case studies (among other content writing platforms), you can make good money as a freelance writer. Sites like Freelance Success, Indeed.com, Contena, and LinkedIn regularly cater to freelance writers, offering job leads, advice, and even access to editors and content providers who hire freelance writers. Good freelance writers can earn over $100,000 annually if they specialize, and market their abilities to the right clients. Sites like Upwork and Guru.com also offer job leads, but the pay is often poor and you're competing with loads of other writers for the best gigs.
Look over the list again. Pick one or two things that you can do during this season of life. If time is really tight, you may just take some surveys each night and sign up for Rakuten to earn cash back. If you have a little extra time, maybe while the kids are napping, consider starting your own freelance business and picking up some flexible client work.
Philip Taylor, aka "PT", is a CPA, blogger, podcaster, husband, and father of three. PT is also the founder and CEO of the personal finance industry conference and trade show, FinCon. He created Part-Time Money® back in 2007 to share his advice on money, hold himself accountable (while paying off over $75k in debt), and to meet others passionate about moving toward financial independence. He uses Personal Capital to track his wealth. All the content on this blog is original and created or edited by PT.
Everyone likes puppies! Look around for the fat ones in your neighborhood. Those are the ones who have parents too lazy to walk them. But all puppies need and deserve exercise, and you need and deserve $100. Join forces with the fat puppies and profit from being a dog walker. Rover.com is where you’d go to find a ton of in-need, dog walker clients.
If you have a vehicle that just sits in your garage for long stretches of time, you might find a car rental service like Turo is one of the easiest ways to make extra money. Let’s say you list your 2014 Nissan Maxima in Denver, Colorado. If you rent out your car for just 10 days a month, Turo says you could make around $365. That’s more than $4,300 a year!6
BigCommerce is a turn-key solution for online entrepreneurs that gives you a number of built-in features, including several marketing options that allow you to find (and woo) your target customers. Also, their product comes with integrated education to help you make the most of your online store. And you’ll get excellent loading speed, payment security, and site functionality.
In our local neighborhood, we’ve seen this service hired out to place signs in people’s yards for announcements or funny pranks. Ha! If you’re out and about on a Sunday you’ll see plenty of people putting put signs for open houses. You’ll probably have a great opportunity for this extra money idea if you can locate a neighborhood where lots of real estate agents or putting out there own signs.
When we get toward the end of the year, I start hearing from readers looking for ways to earn some extra money from home. No matter what month it is, it’s never too late! Whether you need a little extra income to pay for Christmas gifts, or so you can do those “adulty” things like increase your retirement savings, working from home is a great option.
“The process is pretty straightforward: You fill out a questionnaire (either online or over the phone since sometimes they call you if they need to fill open slots) and if you qualify for the taste test you simply pick one of the available time slots,” Chelsea says. “You never know which fast food/restaurant you’re going to be tasting until you arrive and begin the taste test.”
Accommodate Multiple Forms of Payment: Many deal-seekers carry cash, but you want to accommodate every potential buyer. So, in the days leading up to the event, consider purchasing a point-of-sale system that can accept credit cards. Square is a popular and relatively cost-effective option: it doesn’t cost anything upfront and bundles credit card processing fees into its own per-transaction fees, resulting in a net expense of 2.75% for most transactions (net of $97.25 for every $100 charged). This is a small price to pay to capture the ever-growing cashless consumer demographic. On the day before the sale, visit the bank and grab $100 in small bills and coin rolls to ensure you’ll have enough change for buyers who do prefer cash.
Ebates: This app offers a simple way to make money online by buying whatever you're already buying and then getting a cash-back reward. With eBates, there is no scanning receipts. Simply click a link in the app and buy it from the store. You'll automatically be credited with your cash rewards upon purchase along with receiving an email confirmation.