9 Creative Ways To Make Extra Money During Inflation

9 Creative Ways To Make Extra Money During Inflation

9 Creative Ways To Make Extra Money During Inflation. 

  • You’d be surprised to know that you can actually get some cash doing some of these tasks.
9 Creative Ways To Make Extra Money During Inflation
Unsplash | Ibrahim Boran

Find some simple, yet effective and creative ways to make money on the side. You can earn a few extra hundred each month without spending much time or effort.

Recycle your old phone(s)

Bet you got a few ancient Nokia’s or old phones hidden somewhere around the house. You’d be surprised to know that you can actually get some cash if you decide to sell them.

A lot of companies offer compensation for recycling old phones which are shipped somewhere to Asia and getting dismantled there. You can check the list of companies and possible earnings here. Ask your family and friends if they’d like to give away their old phones too for bigger bucks.

Teach classes online

If you are particularly good at some things, say map design, capable of creating a series of video lessons, you can become a tutor at SkillShare. You’ll be in good company with folks like Seth Godin and James Franco among others. SkillShare tutorials and 30-day teaching challenges will help you create a winning video tutorial. Your earnings will depend on the popularity of your course, but even low attendance will let you earn some decent money.

You don’t need to have prior teaching experience, just skills, and passion for what you do.

Become a language tutor online

Did you know that English language practice is in high demand in Asia? Sites like Italki.com allows teachers to list their rates and services, schedule classes, and provide you with tools to conduct them in real-time. You can expect to make $15-20 per hour.

If English isn’t your first language, no worries, italiki also invites French, Italian, Chinese, Spanish, Russian, and more native speakers to join. You’ll have to fill in a detailed application form, get it approved, and afterward create a professional-looking profile, a suitable schedule for you, and different courses you offer. The service will handle the rest – scheduling, marketing payments, and so on.

Sell handmade and vintage items on Etsy

Found some retro clothes in your grandma’s chest or made a few cool brooches your friends admire? Become an Etsy seller to earn money for your crafts.

Opening your shop, and listing products and prices takes less than 30 minutes. It costs $0.20 to list one item in your shop for 4 months (or till it sells) and Etsy takes a 3.5% commission from each sale you make. Mind that fact when setting up the prices. Shipping costs are either to be covered by you or by the buyer (you can set the rates depending on the buyer’s location e.g. free shipping around the US; $10.99 shipping to Europe).

Review music for cash

All music lovers will love this job – all you need to do is listen to and review unsigned bands and artists online at Slicethepie. It may take a while to build up your reputation, but you can earn an extra $50+ per month for spending 5-10 min a day listening to some aspiring music talents (or not so talents).

READ:  Nigeria POS Transactions Records 29.3% Growth Hitting N4.6 Trillion In 7 Months

Sell your wardrobe

This is a perfect option for women. How many dresses do you have that you wore like 3 times and now they’re hidden somewhere deep in your closet? Clothes you no longer wear shouldn’t pile up around the house when they can be turned into cash asserts.

You can either organize a yard sale yourself (which is kind of a hassle), or better sell the items through ThredUp, which will pay somewhere around $2-$25 for staff from Gap, Banana Republic, H&M, etc. You can browse around to see how much different items are worth. The best thing about ThredUp is that all you need to do is pack your clothes in a box and then just ship it to them (shipping costs are covered by the company).

Get paid $35/hour to drive people around

Yes, that’s exactly how much you can make with Lyft and Uber. Users can just log in from their phone and request a drive in all major cities in the US. It’s faster and at least twice cheaper than calling the typical cab.

You, as a driver, will get a notification and can take a lift request. You set your own working hours and earn money. Obviously, you’ll need your own car to earn with them and some initial money to pay for the gas.

Do odd jobs at Fiverr

At Fiverr, you can offer any kind of service starting from $5. Register an account, browse around the gigs and offer something similar. Seriously, at this online marketplace, you can sell and buy all sorts of things from voiceovers to logo design to things like “I’ll pretend to be your girlfriend on Facebook for 2 days”.

By Diana Labrien

Culled From Lifehack


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