5 Ways to Make Some Extra Cash

If you’ve had a change in your lifestyle or income, you might be interested in finding a way to make some extra cash. You can do this in several ways, such as taking online surveys or selling your used items. However, you need to be careful in selecting the right kind of method.

Selling secondhand stuff

Selling secondhand stuff to make some extra cash is one of the simplest ways to declutter your home. You might have old clothing, electronics, toys and household items lying around collecting dust. A quick scan of your garage, rummage box, or basement should reveal some gems. However, before you start tearing up your carpet, there are some things to consider. For example, did you know that the U.S. market for secondhand goods is estimated to reach $82 billion by 2026?

While selling a used car, bike, or lawn equipment might seem daunting, there are sites and services designed to help you do the dirty work. Here are some of the best websites to list your used treasures.

eBay, Craigslist, Poshmark, and Freeloved are just a few of the many sites and services out there. Each site has its own unique offerings, ranging from clothing to electronics to sporting goods. Choosing the best platform is a matter of personal preference, but if you’re going to be doing business online, you’ll want to stick with platforms that have a solid track record.

Other than locating and displaying your item for sale, you should also consider ways to promote your listing. Getting the most exposure for your wares may require a bit of legwork. But for the most part, you’ll want to follow these tips for maximizing your listings’ success.

Using natural lighting and the proper lighting angles will help you showcase your treasures in the best light. Adding a few inexpensive accessories to your item’s display will help you achieve that polished look without breaking the bank. One last tip: if you’re attempting to sell a large number of items, consider using a mannequin.

Taking online surveys

Taking online surveys can be a great way to earn money. It is not as lucrative as focus groups, but it can be a supplement to your income. Depending on how much time you can devote to taking surveys, you can make from fifty to one hundred dollars per month.

One benefit of taking online surveys is that you can do them from anywhere you have access to the internet. Some of these surveys are quick, and can take less than ten minutes to complete. The length of the survey will depend on the topic.

Most companies use consumer feedback to tweak advertisements and products. To make the most of the survey experience, you need to make sure you are a good fit for the demographic of the company. You also need to know the questions that are asked. For example, if you are an active mom, you might be asked questions about your kids’ diet.

Aside from monetary rewards, some surveys offer free products, including household items. Other companies may enter you into a sweepstakes drawing, which can result in gift cards.

While it is easy to get suckered into online survey scams, there are reputable sites that can provide you with the opportunity to make a lot of money. These sites require you to fill out a profile and answer questions.

If you are new to taking online surveys, it is best to begin with several companies. This will give you the opportunity to learn more about the industry and the different opportunities available. When you choose a survey site, ensure that it has positive user reviews.

It is also important to set up a separate email account for your paid survey accounts. This will allow you to log in and out of the sites without cluttering your inbox.

Repurposing old phones

Repurposing old phones is an easy way to earn some extra cash. In fact, it’s a great way to benefit a worthy cause. Many charities accept old cell phones as donations. These devices are often sold to recyclers.

You can also reuse your old phone as a webcam for your laptop. Just log in to your current smartphone and view the feed from your old one. This will give you an idea of how much money you could make for your old device.

If you’re looking for a convenient way to dispose of your old cell phones, consider dropping them off at your local cell phone drop box. These bins are available at many large retailers, and are a great way to get rid of your devices without having to do much of the work yourself.

Alternatively, you can check with your favorite electronics retailer to see if they offer a trade-in program. Many of these programs will take any type of cell phone, from any brand, and will pay you for your old device.

Some charities, such as Goodwill, have gadget recycling programs. If you bring your old cell phone to these organizations, you’ll get a store credit or cash.

There are also many other charities that will help you recycle your cell phone. These include the National Coalition Against Domestic Violence and Cell Phones for Soldiers. Both of these organizations will also accept other types of electronic devices, so it’s worth checking with each of them before you decide.

The amount you’ll receive for your old phone will depend on the brand and condition of the phone. Several of these programs will also provide you with promo codes or other incentives to help you sell your old devices.

Renting out your home

Renting out your home can be a great way to generate some passive income. Depending on where you live, you may even qualify for tax benefits. The IRS even has an interactive tool to help you figure out whether or not you’re entitled to deduct some of your rental expenses.

There are many factors to consider when renting out your home. You must ensure that you are getting a good deal and that your tenant is a good match. It’s also a good idea to have your property cleaned up before you show it to prospective tenants.

For example, you might want to consider investing in a property management software platform that can streamline your property management tasks. These platforms will let you screen prospective renters, collect and pay rent and even manage maintenance requests.

One thing to remember is that you should always have the proper insurance for your house. If you are going to be a landlord, you might need to purchase liability insurance to protect you from any guest injuries that could occur in your rented space.

While you’re at it, you might want to get a homeowners insurance policy for your primary residence. This will cover you for loss and damage caused by your tenants, as well as medical expenses and legal costs.

The best way to find quality tenants is to advertise your home and make sure you’re available when you’re needed. You can do this by advertising your house on the internet, on local community bulletin boards, or by word of mouth. However, if you’re not up for the task, you can hire a professional property manager.

As with any business, there are some things to remember when it comes to renting out your home. However, the most important factor is to ensure that you’re not getting scammed.

 

Leave a Reply

Your email address will not be published. Required fields are marked *