These are difficult and trying times, not just health-wise but also wealth-wise. Multiple businesses have been forced to shut down, employees have lost their jobs, and the rest of the economy is falling in a downward spiral. The unemployment rate in the US alone has skyrocketed to an all-time high since April, says a statistic from the Bureau of Labor Statistics. But it isn’t the end of the world, and even though it may probably take a really long time, we will definitely bounce back from this crisis. In the mean-time here are 5 ways to earn extra cash while coping with the pandemic.
Create Something and Sell It
An anonymous person wrote, “The desire to create is one of the deepest yearnings of the human soul.” There is something about our human nature that drives us to create something and to gain satisfaction from it. From toddlers with their Lego pieces to adults who practice robotics, we all have our own way of creating things. Most of the time we won’t even have to leave the house to create, making this an outstanding way to earn some extra cash during these times! If you’re a handyman for example and you’re into woodwork, or an arts and crafts kind of person; websites like Etsy can help you sell your own personal homemade creations online. Creating an account is easy and posting a product up for sale is oversimplified for its users. Depending on what you make or how many, you can earn a lot; but just like everything, it takes persistence and perseverance to see the results.
Offer Work and Services Online
If you’re into graphic design or photography, there are multiple websites that allow you to post your artwork online for sale as stock photos. Adobe Stock, Shutterstock, Unsplash, or Pexels are some of the best websites you can visit to upload your artwork for sale.
Or why not apply as a virtual assistant, a content writer, a social media manager, video editor, or an online tutor? Websites like UpWork and LinkedIn can help you easily find work online, all you have to do is to create a profile that includes your resume and you’re good to go. According to an article we found in Statista, about 160 million people in the United States since April 2020 have used LinkedIn to find work.
Offer Your Services to Neighbors
Living in a neighborhood means having a lot of opportunities. Offering to mow your neighbor’s lawn is actually a brilliant way to earn some extra money, and it’s not even that hard. You can water their plants, walk their dogs around, or do their grocery shopping for them. If you know a bit about plumbing or carpentry, offer to do repairs. If you’re on the way to buy food, offer your neighbors to buy their food or beverages for them, just charge them a bit but don’t overprice it!
Sell Things You Don’t Use Anymore
Everyone’s got something lying around their house they no longer need or will probably never use again. These items may be useless to you, but they could be worth something to others. With websites like Craigslist, Offerup, or Facebook Marketplace, it’s easy to sell items. With these websites, finding buyers within close vicinity will not be a problem at all. Rummage through your box of old things in the attic, clean out your basement, or ravage the toolbox in your garage. I’m sure there’s at least one thing they’re worth selling and don’t tell me I’m wrong because you know I’m not.
Rent Out Your Things
If you’re not comfortable selling the items and equipment you have lying around your house, you can always have them rented out instead. With a website like My Garage Rentals, having your things rented out online is made possible. Maybe rent out that old vacuum you don’t use anymore or that old camera you’ve forgotten about. Creating an account is a breeze. User profiles and feedback are there to ensure that a renter is genuine and takes excellent care of what they rent. My Garage Rentals is a sure-fire way to earn money, especially during this pandemic, because people would rather avoid risking their health going into crowded malls just to buy something brand-new that they’ll most likely only need once, and prefer renting out an item at a location and from a person they can safely discern through the website. So, clear out your garages and start renting out your stuff today, click here for more details.
Milton Berle said, “If opportunity doesn’t knock, build a door.” There’s always a way to earn money out there, you just have to get up on your own two feet, you’ve got to stop sulking about the economy, and make something out of what you have lying around. There are many ways to earn money during tough times like this and there still are many more out there. Opportunities are everywhere, and this virus shouldn’t limit us or stop us from taking them.
1. People who don’t have the money to invest large amounts of money can invest a small amount and still make a good return.
Let’s face it, we don’t all have enough money to buy an investment property to rent out. Whether on VRBO or AirBnb you either need to have an extra house or at least an extra room in your house (in which case you will need to give up your privacy) in order to make a return renting out something that you own.
With My Garage Rentals that is not the case. People can invest with items they already have at their house or with they can make small initial investment to expand their reach.
- A great example of the first would be if you owned a popup canopy that they used once a year to go camping. That could be rented out to smaller groups such as families.
- Or if you wanted to make a little investment you could purchase 10 canopies to rent. These would have a larger reach because people doing larger get togethers could use them. This would be great for weddings or parties.
2. Those who have extras sitting around can rent them out and make money on them.
Let’s face it. We all have things that we bought years ago sitting around our house or our garage collecting dust. We don’t use it hardly ever, if at all, but we don’t want to get rid of it just in case we will need it sometime in the future. Or maybe it is something that you only use once a month or once a year. My Garage Rentals now offers you the opportunity to rent those items to people who want to use them, but may not want to keep them. Now those things that are sitting around can collect some money rather than just dust.
- Let’s say for example that one of your hobbies is gold mining in the desert. You have all the equipment needed such as a large dry washer, but now you just don’t go out as often. Well what you didn’t realize is that there is a person living across town who has just acquired gold fever. They are not ready to purchase large equipment, or they don’t have the space to store it. Why not rent your dry washer to them on the weekends they want to use it?
3. Those who don’t have space, don’t have to store them.
Many of us, especially those who live in densely populated urban areas live within a small space. Whether a small house, condo, or apartment we don’t have the space to keep extra things sitting around even if we wanted to, or used them on a regular basis. The examples I gave above are perfect. A popup canopy that you use every time you go to the park or the beach takes up a lot of space in a closet or storage shed you have. Why not just borrow it from a neighbor for the few days a year you actually need it, then give it back to them to store. You could probably rent it dozens of times for the cost of buying it, but now it isn’t taking up space in your already crowded living area.
4. Those who are only going to use something once don’t have to buy.
Sometimes we just know that we are only going to be using something once. Well there only used to be a couple options if you didn’t know somebody personally who owned it: Buy it or rent it from a store. Now you can find individuals all over who have exactly what you need. Below are just a few examples.
- Having a large party? You don’t need to spend enormous amounts of money renting items like tables and chairs from your local party supply rental warehouse. Your neighbor around the corner has 10 round tables that she uses every once in a while for parties at their house.
- Doing a home DIY project and know you only need the specialty tool this one time? Why rent or buy from a hardware store when you could use a neighbors? This is actually where the idea for My Garage Rentals came from: a home plumbing project.
- Going on a camping trip that your friends invited you on, but you know you won’t be going again? You are doing this only because someone special is going and you want to make a good impression.
- Want to have an amazing date night looking at the stars through a high powered telescope even though you are not a typical stargazer? Well there is a good chance there is a hobbyist astronomer just a few blocks away. They are willing to let you use their telescope. And on top of that they can give you special insight on some special things to look at in the sky.