There are many ways to make money online, but not all of them are easy. Whilst you can make ad revenue from a blog or YouTube channel, this often involves a lot of hard work in order to build an audience great enough to benefit from this revenue. Meanwhile, jobs like writing and designing may require a certain level of skill and knowledge.
Fortunately, there are ways of making money that do not require much skill or commitment. These five ways of making money could be excellent if you are looking for a small side hustle but do not have much free time.
Answering surveys
There are companies out there that will pay you to complete surveys as part of market research. You can find these surveys through platforms such as i-say.com. Such sites tend not to pay in cash – you generally have to collect point by answering surveys, after which you can be treated with vouchers. The best survey sites offer vouchers for leading retailers such as Amazon, so you can put these vouchers to good use.
Online casinos
Whilst not a reliable way to make money, online casinos can be a fun way of potentially winning money. The best online casino players no how to minimize their losses and maximize their winnings so that overall they’re earning money as opposed to losing it. Sites like CasinoSeniors.com offer some great advice on how to increase your chance of winning. Always have a budget when gambling on these sites so that you don’t overspend.
Selling unused possessions
A popular way to make money online is to sell unused possessions. Many of us have items in our home gathering dust that could be of value to someone else. Whilst second hand stores are always an option for selling these items, you will generally make more money online. Amazon and eBay are the most popular sites, although you will have to factor in the cost of postage and the commission that these sites charge. Gumtree.com can sometimes be a better option when it comes to selling general items – this site allows you to sell locally, either by getting the buyer to pick the item up from your home or by meeting the buyer in person. Unlike Amazon and eBay, you do not have to pay any commission, although you can pay money to promote adverts.
Selling old electronics
Got an old phone or laptop in your home? Even if it’s broken, you may be able to sell it for parts online using sites like WeBuyAnyElectronics.com. These parts often end up being sold on to gadget repair technicians and manufacturers.
Peer-to-peer lending
Already got some savings sitting around? Peer-to-peer lending is an easy investment strategy that is certain to grow your money – it involves lending your money to someone as a loan. They then pay back the money they’ve borrowed with interest. Interest rates can often be well over 5%, making them more lucrative than any savings account. By using secure sites like RateSetter.com, you can ensure that you get your money paid back on time.