You don’t always have to spend money to make money. If you want to launch a side gig to generate regular part-time income, or if you’re looking for some quick extra cash, there are websites that can help you do it.
How it works:Do you have storage space in your house? Or maybe an empty garage or storage shed? You could sign up on Neighbor.com and offer to store your neighbors’ stuff. It’s sort of like Airbnb for the self-storage industry. You don’t pay a dime and set your own prices. The person who rents your space will pay Neighbor.com a service fee for getting the two of you together. And on the plus side, if this goes well, now you have incentive to clean out your attic or garage.
Highlights: You’re paid via direct deposit, or you can receive a debit card at the end of the month. There are some small fees taken out of your payment for using the Neighbor website (a processing fee of 4.9% of the total reservation plus 30 cents per payout).Drawbacks: There don’t seem to be many. Well, if somehow you suddenly need to use your storage space, you may be a in a pickle. If that’s the case, you need to give your renter 30 days advance notice to pick up their stuff. If you don’t give them enough notice, according to the Neighbor website, you’ll get a $60 eviction fee.
How it works:Upwork is essentially a meeting site where businesses and freelancers throughout the world can connect and collaborate on certain projects. Businesses hire freelancers for a variety of different services, including writing, web design, running SEO campaigns and pretty much any work that can be done on a computer.
Highlights: Upwork takes a commission from 5% to 20%, but the more money you make, the less the commission is.
Drawbacks: Upwork has been so successful that there is a lot of competition on the website, and that can be a real drawback for people who are new to the site, says Sacha Darosa, owner of a digital marketing agency in Toronto called The Shirtless Web Guy.
“Before I started my business in web design, I created profiles on websites such as Upwork. In the beginning it was a struggle to attract any attention from buyers on those platforms because there’s so much competition. And much of the competition was from overseas, which made it impossible for me to compete with others on price.”
So Darosa lowered his prices and for a while, he was working for next to nothing. But the positive feedback made his profile look better, and Darosa started charging more.
How it works:If you have an old cellphone or another device (think iPads and computers), you can sell your electronics here. The website will give you a cash offer for your device. If you agree, you’ll be sent packaging materials. Gazelle pays the shipping costs, and you’ll wait for a check in the mail, a gift card to be sent or cash transferred to your PayPal account. You may not make a fortune, but it’s better than letting an unused device collect dust on a shelf – and far better for the environment to sell it than toss it in a landfill.
How it works:People come to this site when they need research done. Wonder doesn’t hire just anyone, but you can apply. The process takes about five minutes, according to the website. And if Wonder thinks you have the skills to do research, you’ll get access to its dashboard. You can then choose to answer a question – perhaps coming from a business executive or an author writing a book.
Highlights: Researchers report making, on average, $8 to $16 for each detailed answer, and job sites suggest researchers can make, on average, about $20 an hour. In short, Wonder offers an ideal gig for those who really enjoy the process of doing research, as opposed to those who just want to make fast money.Drawbacks: As noted, the money is not spectacular, especially if you spend a lot of time answering questions. If that happens to you a lot, you may wonder why you’re using Wonder.
Highlights: As you would expect, it’s a pretty seamless process from start to finish.Drawbacks: If you send in, say, a phone, and the phone isn’t what Gazelle thought it might be, the offer for what it will pay for it may go down considerably. On the other hand, Gazelle will send you your phone back for free. So you aren’t risking much, other than time.
How it works:John Frigo, an affiliate manager for a website called MySupplementStore.com, says he sometimes makes money on the side by creating designs for T-shirts. He sells on Merch by Amazon as well as other platforms like Redbubble.com.
Highlights: Frigo says you can simply upload your designs and get paid.”Graphic designers can upload T-shirt designs and at that point it’s pretty much entirely passive, and you’re paid a royalty for every one of your designs that sell – but you don’t have to handle returns, do any customer service or ship anything,” Frigo says.
Drawbacks:You probably won’t get rich. For instance, Merch by Amazon offers examples of royalty prices, and for a T-shirt that sells for $15.99, the royalty would be $2.21. Still, once the hard work – designing the piece – is done, it’s easy money. If somebody buys your T-shirt, that is