If you’ve been following our blogs, you may have read our recent article about Getting Started on Your Own Second Stream of Income.
We mentioned in that article the value of time in this area and how starting up your second stream of income may cost you a lot of it.
You will be forced to make and sacrifice time for the benefit of your second source of cash flow. And because time is such a big deal when it comes to landing a second stream of income, we thought it deserved an entire article all to itself.
Read on, we hope that this article will help you with your endeavor for achieving multiple streams of income:
Write Down Your Daily Schedule
“Writing things down makes your mind more efficient by helping you focus on the truly important stuff” Mark Murphy, a New York Best Selling author, said in a 2018 article published by Forbes.
Writing down your schedule on a piece of paper gives you a visible and tangible picture of how your new routine will look.
This will also allow you to see, looking forward, which activities consume the most time and which ones are worth sacrificing for your new job.
Determine The Number Of Work Hours
It’s important to determine, based on your second stream of income, how many hours you will need to spend on it.
For instance, some type of work may really require you a whole 8 hours of work while others won’t necessarily require that long.
Determining the required work hours will help us know whether including your newfound work into your daily schedule is attainable.
“If you’re working with long-term goals, use the ABC’s to schedule [them]. A is for [it] has to be done today, B is for [it] would be nice and C is for if I were my most awesome version of myself. Update the goals before bed so you wake up ready to roll the next day,” says Lloyd from Bustle.com.
Cross Out Activities You’re Willing to Sacrifice
If your second job requires you to work more hours than you had hoped, you may need to sacrifice a few of your usual leisurely activities to make room for work.
Note that you don’t necessarily have to eliminate completely a certain activity off your routine, just lessening the time used is efficient enough.
One thing to look forward to as you scrape off unnecessary time is that in the long run, if you work hard enough, your streams may just turn into passive income, giving you the time scraped off back.
Choose Your Off-Limits Activities
Alright, so there are some activities you really can’t let go of. So, choose the activities that are off-limits to you.
Some activities that may be hard to let go of could be some of your hobbies and passions, and it’s perfectly understandable that you don’t scratch these out.
These are the hobbies that fuel your desire to keep working. Studies show that a large percentage of people lose interest in their work if it interferes with their own personal hobbies.
Other than your hobbies, it is important that you allow time for rest and family as well.
It will be difficult for you to keep up with dues and your own deadlines if your mind, body, and soul haven’t had that well-needed rest and time with the family.
Commit and Stay Consistent
“We are what we repeatedly do. Excellence then is not an act, but a habit.” – Aristotle
Really committing to your new schedule will require self-discipline. Success, after all, is built from consistency.
Tony Fahkry said in an article on Medium that, “Consistency builds character and sharpens the mind. Consistent people are triumphant, with an unyielding inner drive.”
According to Tony Fahkry, consistency and persistency are the two key ingredients to success, staying true to your word and sticking with your regimen will evidently produce progress.
Get Side-Tracked Once In A While
“You may encounter many defeats, but you must not be defeated. In fact, it may be necessary to encounter the defeats, so you can know who you are, what you can rise from, how you can still come out of it.” – Maya Angelou
People will always tell you that it’s okay to get side-tracked, and they’re absolutely right.
Setbacks are bound to arise but your journey to success shouldn’t end there. Setbacks are there to help you learn and grow, they aren’t there to keep you down.
You will find yourself recommitting to your new schedule again and again, more often than not. Do not let this discourage you but rather see it as an opportunity to be persistent and a sign of progress.
Use Our Platform As a Stream of Income
My Garage Rentals can be a great addition to your streams of income and it won’t even require much of your time!
Scan your household for things that you believe could be rented by others and have them rented out yourself.
Think of us as your own personal rental store. My Garage Rentals can be a stream of passive income. Just rent your item out and wait for the cash to come flowing in.
And because it’s so simple and easy, you wouldn’t have to worry about sacrificing your schedule or any of your valuable leisurely time to make way for this.
Having more than one stream of income holds a whole lot of benefits.
If there’s one lesson this pandemic has taught us, it’s that jobs and businesses can be fragile.
The response of almost every government around the world to COVID-19 has surely taken its toll on our businesses and while our economy is gradually getting back up on its feet, this doesn’t ensure us our jobs and businesses complete protection in the case of another recession such as this.
So, it is best to be prepared with multiple streams of income to keep you backed up in case one of them crashes down, God forbid.
But before you go jumping into figuring out how to start-up your next stream of income, it is only practical that you consider these three overriding points:
This is a common thing to neglect to keep in mind when looking to set up a new stream of income.
Do you have time to dedicate to your new supply of income? What are some things that take up most of your time? Do you think you can give up some of those activities that are less important to make room for your secondary source of income?
A lot of people jump right in head first, not recognizing that all of this will come at the cost of time, no matter the type of income source you’re looking to set up.
Some sources of income will cost less time while others will cost more. Some will have a better ROT (Return On Your Time) whereas others may have less.
Are you willing to add another 8 hours a day for your secondary source of income, doubling your current work time? It may seem hard to think about it now, but in the long run, it might turn out to actually be quite worth it.
So take some time to pause and think about it. Discern within yourself how much time you have to sacrifice. Do you have 8 hours a day? Or 4? Or only 1 hour a day? Write it down. It is important to know and keep at the front of your mind while making your decisions. This leads us to our next point:
Every successful stream of income comes with some sacrifice. There will come a time where you will have to make a decision, whether you will give something up like your own comfort, a personal hobby, time (which we’ve mentioned above), money, or even pride.
Yes, there will be times you will have to lower your pride, which is something we humans have a hard time letting go of. You will come across a situation where you will have to set aside your ego and ask help from others, whether that’s monetary support, physical labor, or asking “stupid” questions to “smart” people to try and solve a problem, or anything in between.
What are some things you think are worth sacrificing for your second stream of income? Think about it and prepare to build up the strength to let it go.
On the other hand, it’s also important that you think about what you would absolutely not be willing to sacrifice. Write it down and keep it somewhere close. This way when the day comes that you are asked to sacrifice that thing you can remember what is most important.
Passive or Active
One other thing to ask yourself as you seek a second stream of income is, what kind are you looking for? Are you looking for a passive or active stream of income?
Active income pertains to income obtained by actively performing services. It typically takes up your time and energy. Passive income pertains to earnings received from work that doesn’t require any physical involvement. It is income that is created whether you are actively participating or not.
Most people dream of having their second stream of income to be passive, not realizing there are still some things to look out for when dabbling into this type of income.
The thing is, each type of income comes with its own expense. Seeking a passive stream of income may require you a different set of objectives as compared to that of the active income, which may or may not be suitable for what you hoped.
Passive income will often take time to grow. It won’t happen overnight as compared to active income where you put in 8 extra hours of work and you are immediately paid for those 8 hours.
Bottom line is that it’s always good to think ahead, it prepares you for what you will possibly have to face. It will make it easier to make decisions on where you want to come up with your second stream of income.
With all that said, here are just a few ways you can add to your current stream of income:
Getting a Job
Getting multiple jobs at a time can be difficult, but for some, it can be easy. This, of course, depends on numerous factors. There are certain things to consider and questions you need to ask yourself before you go and pursue a second line of work such as, “do you have this certain skill set?” or “what is your educational background?”
Often a second job will be during odd hours and may not be as well paying as a “professional” job, but may provide that extra boost you are looking for.
This is obviously a more active way to earn money and will come at the cost and sacrifice of your time. But as we mentioned above this is a simpler and quicker way to earn money for the effort you put in.
Investing is a great way to prepare you for the long-run. Investing is typically thought of as a much more passive way to create income, but this will depend on what you are investing in. For the sake of this article we will narrow the categories to the big and well known ones: real estate, insurance, dividends and stocks.
Before you invest in something, definitely do a lot of research on where you plan to invest. There are countless companies worth investing in, it just takes a little bit of hard-looking to find the right ones. But if you don’t get the proper education and do the proper research you could end up losing what you have invested in.
Investing will usually start out as an active way to earn as you are learning, but will transition into a much more passive way to earn as time passes. It will come with the cost of sacrificing your time and money up front. You won’t be able to spend that money on the newest gadget you have had your eye on. Instead you are going to have to wait for your money to grow. As time passes, investing will require less from you and will be a more passive form of income.
Start an Online Business
It’s all the rage these days. Since the pandemic, a lot of physical stores and restaurants had to shut down and we had to suffer a lockdown. Thankfully this all happened during the era of the internet, making the process of selling through an online store as easy as 1-2-3.
There are two ways to get your business going online, that’s either to set up your own personal website or to sell your products out on e-commerce platforms.
You can set-up your own personal website through online platforms like WordPress, Squarespace, and GoDaddy. The advantage of making your own website includes controlling your own design and layout, and widening the variety of your inventory.
You can also choose to sell on e-commerce websites such as Amazon, Etsy, Facebook Marketplace, and more. There are a lot of benefits to utilizing e-commerce websites to sell your products like you wouldn’t have to worry about coding and designing your own website anymore.
Making income from an online shop will take some patience as it will require a huge portion of your time and effort, just as you would with a physical shop.
Stream or Upload Content
Thanks to media sites like Youtube, Twitch, and Tiktok, you can make money out of your own hobbies and interests.
We all know by now that people have become celebrities and millionaires only through Youtube and Twitch.
And all it really takes to get started is a desire to create and the motivation to keep pushing through.
Making money out of websites like Youtube won’t promise instant success, in fact, it will take you a whole lot of time and effort before you can really start making money off of these platforms.
Whether you’re a writer, a graphic designer, or a voice actor; finding a freelance part-time job is easy and we highly recommend you give it a try to include it as your second source of income.
Websites like Upwork, LinkedIn, and VoiceBunny are great platforms when it comes to freelancing.
Side-line freelancing will come at the cost of your skills, ideas, and efforts. The amount of pay will also depend on the type of work you’re in.
Rent Your Properties
Suffering from a cluttered garage? Is your car just sitting idly by? Renting out your personal property is another great way to add to your income.
Renting out your belongings is an example of a passive income, not having to actively perform in any way but to just passively allowing the cash to flow in. The great thing about this is it does not take the upfront cost of your money. Instead you can do it with just the things you already own. While you are out there spending your time working your belongings that normally sit in the garage are now spending their time working for your sake.
Consider renting your things with us at My Garage Rentals, we allow you to rent out almost anything, just make sure that others will find it useful to rent. Whether that’s your appliance, tools, camera gear, or even your clothing, you can list it for rent at My Garage Rentals.
Head on over to www.MyGarageRentals.com today to find out more and avail of our services.
Accumulating material possessions has always been an issue of the human heart since the beginning of time.
It has come to a point where we’ve accumulated too much stuff that we no longer know what to do with our things.
And then renting came into the picture. People found a way to make use of the many things they already have at home, with the benefit of earning and saving money in the process.
The first known rental happened in the 1930s when a truck seller rented his truck to a customer who only needed it for a day.
And thus, rental shops emerged and gradually spread around the globe and even evolved to the online rental shops we use today.
If your question is, “Why should I rent? Why don’t I just buy?” We’ve written down 20 reasons that might just convince you to rent.
Why Should I Rent?
1. It’s cheaper to rent than to buy something brand new.
2. And because it is cheaper, renting can help with financial deficiency. For example, if an individual could not afford to buy a house, they should consider renting.
3. Additionally, it gives you the opportunity to experience using expensive and luxurious products that may be difficult to afford.
4. Moreso, renting allows you to save money and can help with your budget planning. Thus, it is considered a frugal practice to rent.
5. When you need something only temporarily, like a tool, a car, a commercial space, and more, we recommend renting.
6. Renting will save you space around the house since the item isn’t yours and will be returned, you wouldn’t have to worry about where to pack it when it is not in use.
7. Less waste is dumped if you choose to rent. About 1,980,262,621 of waste and counting are being dumped worldwide this year.
8. Renting gives you the freedom to try out different hobbies before you truly pursue them. You can rent musical instruments, photography equipment, sports gear, and much more, most of which can be quite costly investments.
9. Maintenance and repairs are not going to be an issue.
10. You don’t have to worry about durability and lifespan either.
11. Renting out your own items will allow for extra income and keep your things from remaining idle at home.
12. It doesn’t just allow for extra income, it will also eventually pay you back and cross over the original value of the product, making it as if you got the item for free, to begin with.
13. Thanks to online rental shops, you can rent at the comfort of your own home and with just the tapping of buttons.
14. Online rental is a big contributor to the sharing economy, which is an important factor to keep in mind since almost everything revolves around the sharing economy these days.
15. If you’re looking to buy something brand new, you might want to review the item first, and renting that item can help you with that. Renting will assist you in deciding whether that particular product is worth purchasing at full price or not.
16. Renting provides you access to a wide collection of media such as books, comics, music, and movies. You can finally read the whole Harry Potter series or watch the whole Matrix trilogy without having to buy them at their standard price.
17. Did you know that renting dogs is a thing? By doing so, you can gauge whether owning one is really for you or if it’s companionship is just something you need occasionally.
18. Thanks to peer-to-peer rentals like Airbnb and VRBO, traveling out of town and finding accommodation elsewhere is made easier.
19. Renting promotes sharing.
20. 43 Million Americans rent, according to a study by Harvard.
Why Should I Use My Garage Rentals?
My Garage Rentals is a neighbor to neighbor online rental shop. Our main focus as a rental company is connecting communities with each other, making renting quicker and more secure.
We also provide a $1,000 guarantee for any unfortunate damages, giving our users the peace of mind knowing that they’re renting with us will be safe.
Unlike other online rental shops, My Garage Rentals doesn’t focus on any specific category of item. You can rent almost anything with us, as long as it’s wholesome and something useful.
Visit www.MyGarageRentals.com and give our services a try. Rent with us today!
What is the Sharing Economy?
Also known as the gig economy or collaborative consumption, the Sharing Economy is an economic structure that allows individuals to share resources with other fellow individuals with the help of an on-line platform.
The Sharing Economy has been around for over a decade now and we can find examples in the likes of Airbnb and Uber, to name a couple.
We will delve into where the sharing economy is now and how much it has grown throughout the years. In this article, we will learn how the sharing economy will look moving forward into the future.
The Sharing Economy’s Persecution: Criticism
Before the sharing economy got to where it is now, it had to go through a ton of skepticism and backlash. Airbnb and Uber, for example, both had to experience lawsuit after lawsuit from government sectors not just in the United States but in other countries as well.
For instance, in 2017, Uber was forced to terminate its services in the Philippines over the case of unregistered drivers.
Airbnb also experienced legal struggles of their own, such as in Australia in 2018 when NSW passed two laws against them.
The Sharing Economy’s Contribution: Benefits
A primary advantage that the sharing economy contributes to is that it allows its consumers to share their extra stuff, vehicles, space, time, services, and talents through peer-to-peer renting and outsourcing platforms.
Participants are thus given the opportunity to earn income their own way and on the other end, enjoy more affordable access to products and services with budget-friendly alternatives.
The sharing economy also allows more flexible options for consumers to choose from, no longer are they restricted to big brands and expensive hotels when they can rent products and rent homes overnight.
This system also opens up leverage for job seekers to be able to find work that is in-line with their skills and career choice and likewise, it helps business owners find employees easier than ever before.
More benefits include contributing to the battle against material waste and creating unity and trust in the communities.
One more idea to keep in mind is that the sharing economy has technically been around for centuries, it was when times were simpler and there weren’t yet any big brands that hindered people from trading and selling with one another their personal belongings and self-cultivated goods.
But, with the help of technology, the public is given yet again an ecosystem wherein independent trade is possible.
It Comes in Different Types
The sharing economy consists of an enterprise of two types; non-profit and commercial.
Platforms that offer free online courses and learning materials are examples of the non-profit side of the sharing economy.
The commercial types of platforms are where companies provide certain services and secondary products to consumers for affordable prices.
Here are a few examples of different kinds of commercial-type services and websites:
- Freelance and Outsourcing – These are platforms that offer freelancers easy access to job applications fitting their specific skills. These sites also allow businesses and companies seamless outsourcing. Upwork and LinkedIn are two of the big examples of freelancing and outsourcing websites. They have been around for a while now and have dominated the online job application industry.
- Peer to Peer Lending – Big names such as Uber and Airbnb fall under this category, but there are definitely others more. Peer-to-peer lending refers to platforms that offer rental services to those looking to make use of the belongings they have lying around their house. It’s a great way to make money and save money at the same time.
- Fashion – Rent the Runway, Dress for Less, and The Black Tux are fashion websites that offer clothing for rent. These places are specially made for those hoping to spend less on high priced clothing brands only for a certain duration.
What does The Sharing Economy look like moving forward?
The sharing economy has been growing exponentially over the years, and it doesn’t show any signs of slowing down. According to an article by Brookings India, people in the sharing economy will possibly be spending $335 billion by 2025 in the United States alone.
Whether we like it or not, our economy is evolving, we could be seeing more services and categories emerge in the times ahead, providing the general consumers a more convenient, accessible, and affordable economic system.
Our platform, My Garage Rentals, also falls under the peer-to-peer category; but we prefer the term neighbor-to-neighbor, which boasts of our aim to build a trustworthy rental community, which allows a more secure and faster transaction for both the renter and the lender.
We are a rental platform that allows almost anything you deem useful to rent, such as handy tools, power tools, sports gear, camera gear, appliances, you name it, My Garage Rentals can rent it!
Sign up now at www.MyGarageRentals.com and take advantage of our rental services! Enjoy easy registration, the security of our $1,000 risk-free guarantee, and more unique features.
Thanksgiving is drawing near and most of us are already fixated on cooking our turkey the classic oven-baked way.
Your neighbors, on the other hand, may be interested in experimenting this year with different methods.
While there are indeed other ways of preparing Thanksgiving turkey, these creative ways will require certain kitchen appliances to make them possible to prep for.
We’ve listed said kitchen appliances and if you own any of these, you can earn a little extra this year by convincing your neighbors to rent them from you for Thanksgiving dinner.
The most unhealthy way, out of all the appliances, to cook a turkey; a deep fryer will give your Thanksgiving bird the crispiest texture and the juiciest taste that no other appliance can create. You may not be interested in giving your turkey an oil bath this year, but your neighbors might just want to give your deep fryer a try.
The air fryer is a great way to get your turkey crispy and moist but without the need for added oil. Its convection heating mechanism causes a circulation of heated air to surround your food, giving it that same result a deep-fryer would make but with less fat, making it a healthier alternative to deep-frying.
No other kitchen appliance will give you that smokey yet moist and flavorful turkey dinner than the griller. It also gives the fellas a chance to talk about football over some beers while allowing the missus to chit chat with the rest of the ladies in the kitchen.
To allow your turkey to come out nice and tender, we highly recommend you give the slow cooker a shot. It may just take some time to prepare as a down-side, but it will all be worth it in the end. Also, a great way to make the perfect turkey stew is through a slow cooker, just so you know.
Water bathing your turkey is also another fantastic way to give your turkey that tender juicy flavor without having to incorporate any additional grease. The only con being that sous-vide machines are expensive, so not everyone will be privileged enough to experience sous-viding their turkey. If you won’t be sous-viding your turkey this year, consider renting yours to a neighbor who’s interested in trying out a fresh new style of cooked turkey.
My Garage Rentals is a neighbor-to-neighbor platform that allows you to easily have your personal belongings rented to those around you.
This coming Thanksgiving is an opportunity for you to make some money if you’re willing to lend out your appliances for rent. Our platform is the perfect tool to assist you in making smooth and secure transactions with your neighbors.
Sign up is absolutely free and we assure you security with our $1000 guarantee for any damaged or stolen item done while using My Garage Rentals! Click here now to visit My Garage Rentals to get started!
Stores and businesses are finally reopening here in Tucson, but it’s doing so only at a gradual pace. It’s rather slow but a good sight to see that businesses are bouncing back from this crisis.
While we wait in our homes for the economy to rise back up and for our favorite restaurants and shops to re-open, we can take advantage of the gift we call the world wide web.
While some stores weren’t allowed to re-open physically, operations were allowed to continue virtually.
Here are 6 Tucson-based online stores you should definitely visit.
My Garage Rentals
The first Tucson-based online peer-to-peer rental platform; My Garage Rentals seeks to connect the Tucson community, making it easier to rent from friends, neighbors, and other locals nearby with just a message away.
Whether it’s tools, musical instruments, kitchen utensils, or even cars, My Garage Rentals is the platform to rent anything under the sun.
It can be used to make money out of the tools and things we only use occasionally by lending them to others for a price of your choice.
It can also be great leverage for those looking to save money instead of buying something only needed momentarily; obviously, when you rent you pay less and in turn, you save.
Another reason you would use My Garage Rentals for would be to explore new hobbies. Like renting out a camera for example and just testing the waters of photography first. A lot of people set out to try new hobbies and end up letting go mid-way, already spending more than they should have.
I can go on and on about how My Garage Rentals is quite an efficient platform, there are countless benefits. But we’ll leave you to imagine and discover for yourself as you give this website a try.
Pueblo Vida Brewing
Recently nominated for “Best Brewery of 2020” by Tucson Weekly, Pueblo Vida Brewing is known for its high-grade brewed craft beers.
Their tap list boasts of a wide variety of unique flavors ranging from their Bavarian-style Hefeweizen to Coffee Brown Ale.
Their beers are sold in cans, with each flavor owning their distinct artistic design.
And if you just can’t get enough of their amazing brew, you can always order an entire 1/6bbl keg.
We wouldn’t be giving Pueblo Vida Brewing enough justice if we did not acknowledge their kind and accommodating crew, which you will meet as you pick-up your order.
The staff shows how Pueblo Vida Brewing does not only desire to sell you their great tasting craft beer but that they seek all the more the satisfaction of the local community with every pick-up.
Winner of multiple awards such as the “Best of Tucson Clothing Designer of 2017 and 2019” and “Best Designer in Tucson Fashion Week 2013,” there is no denying the raw talent and passion of clothing designer Laura Tanzer.
Designing clothes since 2013, Laura Tanzer has always aimed at incorporating sustainability along with style and comfort in her designs.
Laura Tanzer flaunts a wide selection of clothing from various categories; from her latest Antique Linen Kimono Origami Jacket to her Convertible Knit Dress, every piece exhibiting their unique kind of chic.
Leaning towards the greener and more ecological approach; Laura Tanzer chooses to produce her clothing with sustainable natural fabric and donates the left-over tatters to schools, later to be used for art projects, according to Green Living Mag.
Did we mention that Laura Tanzer makes facemasks too? Talk about being safe with elegance and style!
Old Paint Records
Good news for all of you classic music geeks living in the town of Tucson. Old Paint Records is up and running for online shopping.
For those of you newcomers in Tucson who haven’t heard of Old Paint Records, it’s a vinyl record shop and miscellaneous store found in Old Town Artisans.
They sell only classics in almost every genre; from Rock and Soul to Country and Blues, Hip-hop and Jazz to R&B and Punk, name it and they surely got it.
They have an impressive collection of only the most acceptable music for vinyl, some of these you may not even find elsewhere on the internet.
So even though you’re spending more time indoors, you can still slap a brand-new vinyl on your record player and dance to the likes of Marvin Gaye and Miles Davis.
El Be Goods Boutique
From handcrafted greeting cards to clothing and accessories, there is no lack with El Be Goods Boutique.
This is the perfect online store to go shopping for your girlfriend or your mom, being that most of their merchandise is targeted towards female consumers.
Just by looking at their products, you can very well tell that they were made with heartfelt effort.
Whether it’s a last-minute gift for someone or just a treat to cheer yourself up, El Be Goods Boutique is the store to shop.
Visit their website now and start shopping, click Here!
Or if you’re willing to get out of the house to see their products in person, you can most certainly do so by setting an appointment on their available business days which are on Thursdays to Saturdays from 12 noon to 5 PM.
You can find El Be Goods Boutique at 245 E. Congress St. #115, Tucson, AZ 85701.
Founded by Shahida Clayton, this women’s contemporary clothing collection was birthed from a dream to make all of its wearers experience power, chic, and comfortability altogether.
Shahida’s style is breath-taking in a sense that it evidently expresses the elements of the desert and its dwellers, promoting the beauty that is found in Tucson while still revealing power and chic.
Shahida Parides has been responsible for several celebrities’ gowns, dresses, and tuxedos; Sofia Vegara, Kyle Richards, Lisa Vanderpump and Paris Hilton for example, have been spotted wearing Shahida Parides clothing.
Kaftans and Halter dresses are Shahida Parides’ specialty, we recommend that you have a look at their selections under these categories.
There are a lot more websites we haven’t been able to include here on our list. What do you think about our list? What other online stores owned by Tucsonans do you know and love?
Leave this blog a like or send us a message and we’ll gladly respond to you.
You read that title right! And before you go and accuse this blog of being a scam, give it a chance and read on through. You will not regret this informative 3-minute read.
First off, a slight disclaimer, not all items or tools may prove effective with the use of this method. But later in the article, we’ll be giving you examples of tools that will actively work in applying what you’ll learn.
So, let’s get down to the nitty-gritty.
Everybody wants free stuff. But free things are hard to come by these days. While a majority of the world believes in the saying, “nothing in life comes free,” we, on the other hand, beg to differ.
There is indeed a way to get free stuff, and additionally, you can even earn from them over time and still call them your own.
Although this article will focus on one specific kind of tool, you can still take advantage of these steps with other items as well, so read on.
What tools are you buying?
The first thing to do is to determine what kind of tool you’re buying, whether it’s a hand tool or a power tool.
Strategically, you’d buy a tool you know to be useful for something you are working on now and for future projects.
Another thing you’d ideally have to give some thought on is whether the item will be something another person would use occasionally.
There are various kinds of tools homeowners occasionally use but aren’t willing to purchase due to their price, and the usage infrequency relative to that cost.
Think of carpet cleaners for instance. Everybody wants nothing more than to have their carpets cleaned on a regular basis, but most people don’t purchase the cleaner because they only use it once a year.
It’s also good to note that the heavier-duty the item, the better. Let’s take for instance a gas chainsaw; it’s heavy-duty and something a person would need on certain occasions and it’s probably something that most homeowners are not going to want to purchase, again due to the cost relative to the infrequency of use.
Find the best and closest hardware store or visit their website.
The next obvious step is to visit the hardware store of your choice. We would suggest you choose the closest one, just to be on the safe and convenient side.
And if you’re uncomfortable going out in public, for safety and health reasons, you can always opt to visit your favorite hardware store’s website. The best hardware stores often have an official e-commerce website where you can order their products online.
We suggest these well-known hardware stores; Lowe’s, Home Depot, Ace Hardware, and Do it Best, all of which have websites and offer ship-to-home delivery services.
For this method to work effectively, we suggest that you refrain from choosing to buy from hardware stores that vend cheap and less durable products, i.e., Harbor Freight.
Like we mentioned above, you need to consider purchasing more durable products; that way, you’re able to take advantage of the tools much longer and earn more from it over time.
So again, consider the quality of the tool you will be getting. Suggestively, you would purchase an item that costs more on the lines of $200 and above. These are usually much longer-lasting than others.
For the sake of this article, we’re going to use the gas chainsaw as an example.
We can look at this Husqvarna 455 Rancher 20-in 55.5-cc 2-Cycle Gas Chainsaw for instance, which costs $475.99, found at Lowe’s official website.
And before you go complain and say, “I thought you said this was how to get free tools? Why are you telling me to buy then?” Well, we’ll get to that in the following paragraphs.
Put your item up for rent.
Now that you have a new gas chainsaw, the money-making part is putting it up for rent online.
My Garage Rentals is a great peer-to-peer rental platform you can use to put any of your personal belongings up for rent, whether it’s used or brand new.
Registration is easy, and listing your item up for rent is just as simple.
My Garage Rentals allows its users full control over the item’s rental duration; this can come in handy for when you need your tools back during a specific time.
You aren’t only in full control over how much your item will be priced per day, but you also get to choose how much the security deposit will be.
Utilize your item.
And now that you have your chainsaw listed on My Garage Rentals for rent, all that’s left to do is to wait and hope for a customer nibble.
The waiting part is when you use your chainsaw for whatever it is you need it for, and when someone requests it on My Garage Rentals, that’s when you have it prepared for rental and ready to go.
Other types of items.
The best part about this is that it doesn’t have to just be power tools or DIY equipment.
My Garage Rentals caters to any type of item that falls under any type of category, be it a camera, professional audio, sports gear, camping equipment, you name it.
Just make sure that it is something a renter will find useful, or else you may end up unlucky in finding customers.
So, if you’ve been hesitating on buying that heavy-duty tool that you’ve been eyeing for so long, terrified by what was written on the price tag, fret no more!
If you have the money now, I say, “just get it!”
Hardware stores often take tools that cost around $400 in retail and have them rented for $60/day. If you followed this same model on My Garage Rentals, with some patience, you could pay for that tool after renting it out 7 times. Then it will just be pocket money from thereon.Read More
What is it that most Americans have that can be both an advantage and a disadvantage at the same time?
It’s having too many things in their homes and not know what to do with them.
According to the LA Times, there are 300,000 items in the average American home.
While this is something to be concerned about, it too can be beneficial as we continue to spend more time at home during this season.
After you read this article you will be surprised at how most of the stuff you have lying around your homes can be good sources of income.
Here are 10 ways you can earn from what you have lying around your house:
1. Sell and Deliver Food
Is your refrigerator running? Well, you better catch it because food is number one on our list.
Selling food has never been made simpler thanks to e-commerce marketplaces like Shopify, Ecwid, and Facebook Marketplace. People have taken to these websites to sell their fresh, frozen, and baked goods.
You will have to look for a meat supplier first if you’re planning on selling either frozen meat or packed cooked meals. But the internet cannot make that step any easier than it already is with just a Google search.
If it’s vegetables you’re choosing to sell, various articles and videos online provide a step-by-step guide on how to grow leafy greens and root crops in your backyard. For instance, Thompson & Morgan have a whole article on the Top 10 Easy to Grow Veg, Fruit & Salad.
2. Sell Stored Photos and Videos
If you’re a photographer, videographer, or a graphic artist, you may still have some unused media all stocked up in your hard drive.
Why not put them to good use instead of just leaving them there, taking up storage?
Phillips accepts photos, paintings, graphics, and artworks of any kind, which they will be posting up for auction online.
3. Sell Original Music
Musicians are at a leveled advantage during these times. If you have your instrument with you, which I’m sure you do because you are a musician. And once you have your recording equipment ready, with just a bit of hard work you will be making money in no time.
Soundtradr helps musicians publish their original work online and allows them a platform to sell.
TuneCore, on the other hand, can help you spread your music through the vast majority of social media and music platforms like Spotify, Apple Music, Youtube Music, TikTok, and oodles more.
The best part is, TuneCore promises that 100% of the revenue you earn from your music goes solely to you. In other words, they do not get a single cut from your work, zilch.
4. Sell Arts and Crafts, Sculpters and DIY Projects
If you’re into arts and crafts, DIY, clay sculpting, or woodworking; surely, you’ve got your chisel set and crafting tools with you at home.
Marketing platforms such as Facebook Marketplace, Shopify, and Ecwid can help you sell your handmade projects online. All you have to do is go through an easy signup and listing your items up for sale should be a piece of cake from there!
Not to mention there’s Etsy, another e-shop website made especially for original and unique handcrafted items.
5. Rent Your Dogs
This might come out as strange to you, but hear us out! Renting your dog to others could actually do you some use.
This allows you to finally be able to clean up the house, finish a project you never thought you could finish, or just lay back on your couch to watch Netflix without worrying about walking the dog, feeding him, or cleaning up his poops for a certain amount of days.
Additionally, Borrow My Doggy provides its lenders with user feedback from other dog renters which you can review. This gives you the peace of mind knowing that your dog is in good hands.
6. Blog or Sell Your Writing
Everyone’s a writer nowadays, even those who never really studied writing attest they are writers. In that case, let me tell you that you can earn in the security of your own home by writing!
An article by Vanessa Gowora states that the highest-paid blogger of 2019, Gina Horkey, founder of the Horkey Handbook blog, earns roughly $25,000. Although you won’t instantly be making that sum of money writing blogs at the beginning, writing as early as now can give you a head start toward there.
You can also have your work published as an e-book over at Amazon if you’re confident your writing deserves to get out there.
7. Sell Your Old Toys
Toys are another addition to our list of items to earn from! Whether you’re a collector, a father, or mother, or just have that old toy from when you were younger, you can always choose to sell those old toys or figurines online.
Neat Stuff Collectibles is a website made especially for hobbyists and toy owners to sell their toys online. Or you can always just post your toys up for sale on Facebook Marketplace or on Facebook “Buy and Sell” Groups, like The LEGO® Group.
8. Sell Your Old Books
Do you have way too many used books? Do you need to make more room on your shelf for newer ones? You may want to consider finally letting go of some of the older ones.
Amazingly, you don’t have to feel the bitterness or guilt when you choose to de-clutter away. Thanks to a few websites we found online, throwing your books away doesn’t have to be an option!
Decluttr is a great way to sell your used hardbound books online! They even allow you to sell other things of other categories too, i.e. LEGO toys and old DVD’s.
Bookscouter, on the other hand, focuses more on the buying and selling of textbooks; although, in some cases, they’d still allow you to sell hardbound books.
Now, if you’re the kind-hearted sort of fellow and wish to have your books donated instead, you can do so at BetterWorldBooks. But in case you happen to change your mind, you can also choose to sell your books there as well.
9. Rent Anything Useful
You read that right! Anything in your house that you deem useful, can most probably generate some income.
How you ask? With the help of My Garage Rentals, you can post your tools, bicycle, toys, your guitar, DSLR camera, and many more up for rent for people to use and for you to benefit from.
My Garage Rentals consists of a community of trustworthy lenders and provides its users with safe and secure transactions.
You can always review a lender or renter’s profile for feedbacks and comments, this helps steer you toward verified and careful borrowers.
10. Rent Your Home
If you’ve checked your entire house and have not seen a single thing you can use to benefit from, even with the help of the websites we’ve shared with you here; then we’re left to say, use your house!
Just make sure you have the place sanitized afterward or at least check if your renters are healthy, just to be on the safe end.
These are just some of the many ways you can take advantage of your stuff, we’re sure there are countless more out there.
What do you think of our list? Let us know if there’s something we’ve missed that you think should be on this list. But we sure hope this helps you get-by during this time of crisis.
For anything rental-related, message us on our Facebook page or visit us at My Garage Rentals.
Number 9 is going to shock you!
We’ve entered into an era where the global economy is standing on a thin foundation, swaying back and forth. Not a single soul knows when all of this will end; if we take a look at the previous SARS pandemic, we see that a pandemic can last for more than a year.
Until then, we ought to keep in mind that we may be facing this economic crisis for a little while longer than we think; therefore, we should consider cutting down on unnecessary expenses to save more money in preparing us for this long uncertainty.
Renting instead of buying stuff is a great way to save especially since most of what we buy ends up collecting dust in our garages anyway. Here are 11 things to consider renting over buying. Oh and watch out for number 9, you will surely be surprised!
A growing number of users have gone to My Garage Rentals to rent out tools for their home projects.
Gardening and DIY tools are on the top of our list of things you can rent out instead of buying brand new. Have you ever had a project at home where you ended up needing a certain type of tool, later realizing that you only really need it for that one time?
It wouldn’t just be a waste of your money, it would also be a waste of space around your home. The good news is, you don’t have to buy your tools brand new. My Garage Rentals offers peer-to-peer rental services, allowing you to borrow and lend out DIY and gardening tools you think won’t be needed for more than once.
2. Home and Spaces
You can rent an office space for your emergency conference meetings over at Liquidspace.
You might be planning to move to a new town but aren’t exactly particularly sure yet whether you will stay or not, we suggest that you rent a place first before buying just to see if that town suits you.
Websites like Airbnb, VRBO, and Home Away allow you to take advantage of services like this. Their system gives you the ease of mind knowing that the place you’re renting is secured and owned by good quality folks.
Homes aren’t the only spaces you can rent. Some of us might even need just a small portion of space, maybe for a conference meeting; rent out an office space, or a photoshoot studio with LiquidSpace. Can’t find a place to park? Why not rent a parking space with Just Park.
3. Photography Equipment
Lens Rentals exist for the main purpose of supporting photographers financially, especially beginners.
Entering into photography can be expensive, especially for students with a limited budget. Buying a brand-new camera body alone will cost you about $700, depending on the model and brand; on the other hand, a separate camera lens will cost you about the same price, depending as well on the brand and type of lens you choose.
I haven’t even included yet the rest of the basic gear like a tripod, reflector, flash, stabilizer, and so on. These will cost you a fortune should you choose to buy them brand new.
Fortunately, you don’t have to buy brand new equipment to start your way up to the photography business. Peer-to-peer platforms for camera gear do exist such as Borrow Lenses and Lens Rentals. My Garage Rentals also allows you to rent camera gear of all kinds.
Rent a book instead of buying one. Take to Book Renter for all your book rental needs.
Let’s be honest, the majority of people after they’ve done reading their books, most likely end up stacking them on top of their shelves, never again to be read; or dump them in the trash, to be later destroyed forever.
A research study on textbook recycling in America by the National Wildlife Federation shows that about 320 million books are sent to the landfill each year; that’s a pretty large sum to be wasted.
But there is a silver lining to this situation; websites like My Garage Rentals, Campus Books, and Book Renter are some of the many platforms that allow you to rent out a book instead of buying one brand new. You can also post your old books up for rent to earn a little extra income.
5. Professional Audio
Professional Audio can be a really expensive investment, but we can always rent through rentals like Capital Audio Rental.
Another thing to consider renting instead of buying is professional audio equipment. Trust me when I say that professional audio gear is tremendously expensive to own. I used to work at a music store that sold professional audio and the cheapest but least recommended speaker you could find will cost you about $800 and that’s just the left speaker.
There are a bunch of trustworthy audio rental services out there including Capital Audio Rental, Hollywood Sound, and soon enough My Garage Rentals. If you’re already a proud owner of a professional audio set, you can even start-up your audio rental by utilizing My Garage Rentals‘ peer-to-peer services which allows you to post your gear online for rent.
6. Sports and Outdoor Gear
Benefit from renting sports and camping gear instead of buying costly equipment.
Sports and other outdoor gear can be pretty pricey. The Pinarello Gan Disk 105 Road Bike, for example, will cost you $2,850; instead, you can rent a Leader 721 Road Bike over at My Garage Rentals for only $30 a day, which will surely save you a ton of money if you will only be using it for a couple of days.
Camping can get pretty expensive too since you will be needing a full set of gear before you’re well-prepared for the woods. Fortunately, there are shops like REI that allow you to rent camping gear such as camping bags, tents, shoes, and other camping and outdoor needs.
Let’s not forget the ride you and your family will be using to get to said camping destination; RVshare connects you with local RV owners who are willing to lend you their RV’s for your long trips, so you wouldn’t have to buy one brand new.
My Garage Rentals also offers rental for both camping gear and other outdoor and sports equipment.
You don’t have to live luxuriously in-order to use a yacht, you can rent one and save yourself from throwing away your money.
This saves you a lot of those expenses that come with buying a brand-new boat. Let’s be real here, do you really need a boat of your own?
Everybody knows that cars are expensive. Luckily there are multiple car rental services across the states and across the web.
The earth can truly benefit from you the moment you decide to rent a car rather than buy one brand-new. Don’t get me wrong, it’s convenient to own a car of your own.
If you live in a high-density city like New York or you’re just heading out of town for a two-day retreat or vacation, it’ll benefit your wallet more if you rent a car instead. Not only do you lessen your carbon footprint, but you also save a ton of money altogether.
Dogs are great companions, we could all use a companion when things get a little too lonely or stressful.
Bet you didn’t think it was possible, did you? Indeed, you can rent your very own canine. This can prove to be beneficial for those who need a furry companion just to get through the blues.
Another reason one would exploit these services would be to treat it as a trial to dog-owning, to see whether or not they can handle owning a dog. Whatever the reason may be, it’s a great way to save yourself from spending big bucks for a canine companion you probably wouldn’t need for more than a couple of days or so.
You can check out Borrow My Doggy if you’re interested.
Fortunately, in this day and age, we can stream and rent our entertainment online.
Gone are the days of Blockbuster where you rent out movies, music, and video games physically. Because of the advancement of the internet, services like Netflix, Hulu, Amazon Prime, and Roku have proven to be the much more dominant alternative to renting movies.
The best part is, you wouldn’t even have to leave your home to take advantage of their services, just register your method of payment and you can watch a movie with just a push of a button or two.
But if it’s music you want, I’m sure you’ve heard of Spotify, I mean, who hasn’t? Video games are no exemption to renting too, all thanks to GameFly we can now rent video games online for however long we wish to use it.
Rent a dress or a coat for that upcoming special occasion of yours, it’ll save you a ton of money as compared to buying.
Ever thought of renting out a dress or a coat for that upcoming prestigious double date with the boss and his wife? Or maybe for your son or your daughter’s senior prom?
Dress for Less, Rent the Runway, and The Black Tux makes it possible to rent out dresses and coats. You can now wear that Elizabeth & James dress you’ve always dreamed of without having to spend your entire savings!
If you’re looking for something for the little ones, look no further than Borrowed Boutique, a clothing rental steered towards kids.
Finally, you can rent almost anything. My Garage Rentals is a peer-to-peer rentals website that allows you to rent out almost anything, from power tools like an electric drill or an orbital saw to home appliances like a washing machine or an air conditioner.
Did I forget to mention you could rent out your items as well and make a few extra bucks while you’re at it?
The internet has privileged us with many convenient ways to buy and shop; but more importantly, it has also given us convenient ways to rent and sell almost whatever we want, and to choose the latter and save more money is completely up to us. You choose, would you still rather buy than rent?
The number of active COVID-19 cases has not ceased from rising and it just keeps ongoing. Because of this, multiple states in the US and countries around the world have now implemented mandates that require residents and business employees to wear face masks in certain settings.
While some are pleased with the regulations, others believe it is a violation of their free rights. Whether you are a face mask skeptic and do not wish to go to work wearing one or you’re just looking for a job that doesn’t require you to have to go outside and risk your health, you might want to consider working from home instead.
We’ve come up with 10 awesome platforms you can have look at to help get you that work-at-home secured experience.
Upwork, Indeed, and Fiverr
Six years ago, digital outsourcing sprung up to the business world like an embryo, and it wasn’t until recently that people started rushing to the web to apply for work. It grew and became one of the fastest ways to hire employees and look for work.
Digital outsourcing gives freelancers a platform to help make working virtually at home possible, as long as you have internet and a computer of course. Upwork, Indeed, and Fiverr are the most well-known websites when it comes to digital outsourcing and job searching.
From start-up businesses to rapidly growing companies, employers from around the globe look to these websites as the go-to platform when it comes to hiring. Being that it is the go-to website for most employers, finding the work that best suits your skills will be nothing but effortless.
Upwork has been online for several years now and over 10,200 employees have taken advantage of Indeed’s services. Like the other two websites, Fiverr also connects businesses with freelancers, offering digital services in 300 plus categories.
Amazon offers a diverse list of job applications, including virtual work that can be done at home. When you visit their website, just head on over to the Virtual Job Listings page and you will see a whole list of job offers posted specially for those in different remote locations.
There is plenty of opportunity on social media, more specifically on Facebook and Instagram. Social Media Influencers who make a living off of social media get their income from merchandise and ad revenue. You will have to work for those followers and viewers first before you can start earning.
Ideally, you will have to first decide who your target audience will be and that will also depend on what kind of content you will be producing. From there, you can build your community as you post content regularly. It may take some time, but with continuous hard work and persistence, you’ll be earning in no time.
Social Media Influencers can consist of livestream gamers, vloggers, product endorsers, models, etc.
My Garage Rentals
I’m sure we’ve all experienced that one-time spending money on something we’ve only used once, just to find it years later all covered up with dust, rust, and cobwebs as we spring-cleaned the attic or the garage. That would be fine if it were only a small tool like a measly hammer or a screwdriver, but what if it were something bigger that cost you a larger sum: like a jackhammer or an auger?
Money wasn’t the only thing wasted here, the time it was just sitting there was a waste in and of itself. What about the canopy, monoblock chairs and tables you use only once or twice a year for a birthday party? And how about that DSLR camera you said would gravitate your career towards photography but only ended up decorating your shelf?
Luckily there is My Garage Rentals, a peer-to-peer rental service platform that seeks to connect communities, allowing them to easily rent out their inventory to those that would rather borrow than buy. This gives your old, barely used things more value than leaving it to just sit in the corner somewhere.
My Garage Rentals is by no means a career, but it’s a great way to make that extra income while being in the safety of your home.
Kickstarter is a great platform to turn your creative ideas into reality. Your creative work is shared with a community that will later fund your project. This platform is perfect for inventors, game makers, and designers, to mention a few.
The awesome thing about Kickstarter is that the creators have full control over how the work is done from the ground up. The donors will not demand any last-minute revisions or require you to show several draft studies. Everything will be up to you, complete and absolute freedom.
As your donors back up your project’s funding and help advertise it, they too become part of your independent project.
Etsy is a global marketplace for original and creative products. If you’re skilled in arts and crafts, miniature sculpting, woodwork, and other do-it-yourself knick-knack skills, Etsy’s services allow you to sell your products here.
This is a great platform to turn your hobbies into a business and help propel you to the top. Etsy connects creators with buyers who prefer products that are handmade with tender loving care and have that human touch that no machine can replicate.
What if we told you that you could earn merely by trying out phone applications? With Featurepoints you can earn by downloading phone apps and submitting feedback. You can also earn by answering certain surveys and watching certain video ads.
You’re even given the option to receive your earnings either by cash or reward points that you can later use for well-known outlets like Nike.
This may not provide a stable income and it is not considered a job or a career by any means, but this can be a good side-line to nab a little extra income while looking for a more stable job.
VoiceBunny is the perfect platform for voice actors to showcase their voice-over talents online. Whether you’re just figuring things out or have already mastered voice acting, VoiceBunny is the site to be.
If you are just starting, it is recommended that you begin with charging small rates for your services at first and then work your way up as you complete more projects along the way.
Voice acting will not at all require you to have to leave your house since all you need to work with is your computer and recording device. VoiceBunny has been around for quite some time now and has proven to be quite a reputable voice-over job-seeking platform.
Just like in social media, earning money on Youtube won’t come easily and there usually aren’t any shortcuts for it either. You will also have to build a community first through the content you post, just like how social media influencers do.
If you work hard at it and remain persistent in posting regularly, your views will eventually increase and the subscribers will follow. Your content will have to be something that will capture a certain type of audience, the goal is to build a community that has a united interest.
Youtubers earn off of merchandise revenue and ad revenue. Youtube requires you to reach 1,000 subscribers and 4,000 total hours viewed before your videos are allowed to generate ads.
Twitch is a live-streaming website. Twitch is widely popular with video game enthusiasts as it was designed to provide gamers a platform. So, if you’re quite a skilled gamer, this might just be the workplace for you.
Just like Youtube and social media, you need to plan first who your ideal target audience will be and what genre of gaming you plan to stream. There is usually a different audience for each video game genre, so it’s important to keep in mind what type of games you will invest in.
Twitch streamers earn money through subscriber donations, merchandise, and ad revenue.
Whether we like it or not, we’re living in a new normal and that entails a new way of working. Not everyone was blessed enough to keep their physical work but we’re all blessed to be living in the age of the internet.
These websites are just some of the countless ways you can earn a living online and in the security of your home. We hope that you find the platform that best serves your preference for work.