Want to make more money during the day

A big reason why Ben and I started Breaking The One Percent was to help people learn about different ways to make extra money. Obviously, earning extra money is something that can really change your life. Money can buy you freedom in more ways than one, despite what people may say. The purpose of this post is to serve as the ultimate source of ideas for you to make extra money. There is a ton of information on this page, so I suggest bookmarking it and coming back periodically. Companies are willing to pay money to get inside the heads of consumers. Pro Tip : Signing up for several survey sites will help you earn the most money. All you have to do is sign up to be eligible for surveys. Once you complete a survey, you earn a specified number of points.

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Making some extra side hustle cash doesn’t actually have to be that complicated. However, there are several clear paths forward. At the end of the day, it all boils down to what your goals are and just how much you’re looking to automate your income. How would that change your life? To most, it would make a monumental difference. How would that alter the trajectory of your life? Clearly, you can make money on the internet. You just have to decide how much of your time it’s worth. While we all have some extra time , it often doesn’t feel like it. But it also doesn’t take too much effort to make some extra dough on the side. And depending on your skill set , you could easily make a few hundred dollars or even a few extra thousand per month.

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One simple way to make money from home is to help others complete tasks as a virtual assistant. If you’re highly organized and can properly manage your time, then becoming a virtual assistant presents a low-friction entry point into the digital services industry. You can easily perform these functions as a remote worker no matter where you live. Finding work as a virtual assistant can be easily done through sites like Upwork , Indeed. Search the existing posted jobs and create bids. You’ll need effective communication skills and fluency in English and popular web and business software applications. A large subset of our society is earning a full-time income by selling items on Craigslist and eBay. You can do this by selling your own items, or you can help sell items for other people and take a small commission. However, eBay does provide resources for sellers to help you get acclimated to selling on the platform. Take the time to do your due diligence and research the platform. If you have some solid online marketing skills, you’ll find this much easier than if you’re a complete newbie to the world of digital marketing.

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In a bind? Need some fast cash? Some are easier than others, but nearly all require very little to no capital. They are meant to get you through the difficult times.

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There are 20 references cited in this article, which can be found at the bottom of the page. We use cookies to make wikiHow great. If you want the house to yourself at weekends, you may be able to find someone who only needs a room Monday to Friday. If you own your own home, it will probably be your biggest asset and something you can certainly make some money from in a recession. If you have cash, there are smart investments that can help you make the most of the recession.

1. Money-making strategy: Drive for Uber or Lyft

Recessions are generally times of economic hardship, when companies cut staff and prices on the stock market fall and stay low. If you have cash, there are smart investments that can help you make the most of the recession. To make money during a recession, sell unwanted or unused items online or in second-hand shops since people will be more inclined to buy second-hand during a recession.

Additionally, if you own your own home you could rent out a spare room, which can help pay the mortgage and reduce the amount you have to spend in utilities. If moneey live in a big city, you can also rent out your parking space. In order to earn some extra money in your spare time, consider tutoring or doing odd jobs, like painting or garden work. To learn how to make money investing during a recession, keep reading!

Categories: Recession Making Money. Log in Facebook Loading Google Loading Civic Loading No account yet? Create an account. Edit this Article. We use cookies to make mondy great. By using our tue, you agree to our cookie policy. Article Edit. Learn why people trust wikiHow. There are 20 references cited in this article, which can be found at the bottom of the page.

Method 1. Sell unwanted or unused items online. A straight-forward way to make some money during a recession is selling old or unwanted things moneey have around the house.

This could be anything from expensive electronics and jewellery, to old furniture or clothes. You can sell things online via internet auction sites like Ebay, or more specialist websites if you have something rare or collectable. Do some research on how much similar things are being listed and sold for before you price your items. Look for similar items both on the website you are mofe on and on others, including eBay and Amazon. Be accurate and truthful in descriptions of the goods you are selling.

A good picture can really help your items sell more quickly. Sell to second-hand shops. An alternative or supplementary way to make money selling your stuff is to visit some local second-hand stores to see if the store owner is interested in buying any of it. Second-hand stores normally buy and sell items, and if monet go there in durin, you can talk face-to-face and find what kind of items the owner is interested in.

This requires more leg-work, but saves you the hassle of listing items online. With these stores you can generally opt for consignment or selling outright. If you sell out-right you get the money up. If it sells well, however, you may get more than you would from selling out-right. Vintage dzy or furniture can fetch a good price in specialist stores. Visit a few shops first to investigate the prices they are charging for items that are similar to what you want to sell.

Sports stores may buy second-hand sports equipment if it is in good condition. Rent out a room. If you own your own home, it will probably be your biggest asset and something you can certainly make some money from in a recession.

The easiest way to do this is to rent out a spare room to. This can make a serious dent in your mortgage repayments as well as reducing the amount you have to spend on utility bills and taxes. You can rent a room through an estate agent, or do it independently. Operating with an estate agent should give you more protection, but the agency will take a significant cut from the rental income.

Whatever you decide, be sure to thoroughly vet potential housemates and ask for references from previous landlords. These websites will also wanr a small cut from your rental income, but allow you to easily post makr residence, get to know potential renters, and accept payment. If you want the house to yourself at weekends, you may be able to find someone who only needs a room Monday to Friday. Rent out your parking space. If you live in a big and busy city, parking spaces may be very valuable.

If you have a parking space outside your apartment, renting this out can be an easy and recession-proof way fo make some extra money. Your ability to do this will depend on where you live and what the local parking situation is like.

Some factors, such as being near a train station, or a place where a lot of people work like a commercial or business centre, can help. Once you are sure you are free to do it, you can advertise your parking spot online. Method 2. Try tutoring. Employment can be hard to come by in a recession, with employers generally looking to shed staff rather than expand.

If you find that you are struggling a bit and want to make some more money in your spare time, think about how you can use your skills and knowledge to do. An ever-popular way to make more cash is by tutoring in the monet or weekends. Perhaps you could give some music lessons, or teach a foreign language.

Maybe you could teach a cooking or baking class. You may even be able to get part-time work as a driving instructor if you complete the necessary requirements. Sign up for mystery shopping. You may be able to make some extra cash in your evenings and weekends by completing some mystery shopping assignments.

You can find listings of opportunities in your state online. You will fill out a form evaluating things such as the customer service and your experience in store.

Beware of scams, and steer clear of any mystery shopping company that has a membership fee or tries to charge you for. Participate in paid online surveys. An easy way to make money at home in your spare time is by taking part of various online surveys. This is not, however, a way to make a lot of money quickly as you will often only receive a few dollars for a five or ten minute survey.

The advantage of these surveys is that they are more or less recession-proof and they quick and easy to fit around your other commitments Look at some independent information that compares and rates online survey companies before you sign up for one. Use apps to make money. There are a number of smart phone apps that you can use as an easy way to make a little extra cash. Generally these apps give you a chance to earn small amounts of money, but are quick and easy to use.

The requirements will vary depending mord the app, but some of the possibilities include quick surveys, checking prices of goods in stores, or photographing your receipts. There is even an app that pays you just to install it. The app will collect anonymous statistics from your phone about the websites you visit, how long you spend on Facebook and other information. You can also get cash rewards for correctly predicting a string of sports results.

Complete odd jobs. If you are looking to earn a little extra cash, you can look online for short tasks that you will be paid. Many of these are things which you will be able to do from your computer at home, and might include things such as testing a website, transcribing mame audio, doing a translation, or some data entry.

Other opportunities for skilled freelancers include writing, voiceovers, explanatory videos, graphic design, web design, coding, or any other skilled service. Websites like Guru, Freelancer, Elance, Upwork, and Toptal connect talented freelancers with paid work. Be alert to potential scams, and only sign up to work with trusted websites. Be a private cab driver. If you have a car, it is now easier than ever to earn money as a private driver.

Uber has made it easy to use your car to make some more in your spare time. You will need to sign up to the website and complete all the necessary forms, including information on you and your car, and pass the background check, before you can start taking fares.

Method 3. Invest in government bonds. If you have some assets and you are interested in how best to invest to both protect and increase your assets during a recessiona good place to start is government bonds.

Bonds are very safe and reliable in a recession, when other investment options may be more volatile. There is also a good chance that the value of the bonds want to make more money during the day increase during a recession.

The most common high quality bond is the United States Treasury Bond. Invest when prices are low. If you are still in stable employment and your income has not suffered during the recession, some smart djring can help you make money and take advantage of the depressed stock market.

If you can comfortably wnt more money into your portfolio when the prices are low, you could see excellent returns when the economy moves out of recession. Invest in precious metals. The prices of precious metals, especially gold, may move inversely to other assets during recessions.

Like other investments, however, there is no guarantee that these investments will hold their value, especially during a global recession.

Selling clothes you no longer wear is a quick way to make some money. Start with local consignment shops for faster cash, or use sites like ThredUp and Poshmark to find buyers. If you go the online route, be sure to take clear, well-lit photos of your pieces and research similar items to set competitive prices. Get tips on how to sell your clothing. Have an old phone, iPad or gaming system lying around? Sell it on a site like Swappa and NextWorth.

The psychology of making money.

Learn more about selling used phones. Parking spots can be a hot commodity, particularly in crowded areas. Join Uber or Lyft or both and earn money by driving passengers. You need a clean driving record and a newish car in good condition. Learn more about what it takes to drive for Uber and Lyft. 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. Love dogs, but not ready to get one of your own? Apps like Wag! Dog sitters on Rover. Word-of-mouth referrals from friends and family are still a great way to get started, but you can also create a profile on Care. Note any specialized skills, such as CPR certifications or experience with special needs children, to make yourself more marketable. Tap your personal network for referrals or try out HouseSitter.