In 2014, Caitlin Pyle made over $43,000 by working as a freelance proofreader…part time. When she wasn’t working, she even had time to go on several fun vacations. After she had a ton of success doing that, she decided she wanted to teach others how to do the same thing, so she started up Proofread Anywhere. Sign up for one of her free workshops to learn more about making money as a proofreader.
If you’ve got a way with words and expertise in a niche, there are plenty of sites that will pay for articles and content you write. Think of the sites you read regularly. What can you contribute to them that would be interesting? Research your niche and then look for ways to pitch articles. Many sites will simply have a submission or contact link in the footer. To get started, check out my full guide to becoming a freelance writer on the side and then submit your articles to places like Instash, Listverse, TopTenz, A List Apart, International Living, FundsforWriters, and Textbroker.
Not quite ready to start your own blog, but still like the idea of getting paid to write? You may want to consider trying your hand at freelance writing. Many bloggers and website owners are willing to shell out some serious cash for high quality writers. In fact, Holly Johnson from ClubThrifty.com makes over $200,000 per year from freelance work! And she has a course that teaches others how to do the same.
Take it seriously. Yes, you’re applying for an online job. Yes, you can do the work in your underwear, but that doesn’t mean it’s not a “real job”. You must treat it as such or they aren’t going to treat you as a serious candidate. You aren’t the only one who wants to work in their underwear. In fact, the competition online is likely higher than it is in your local area.
Rent out a parking spot. If you live in a busy or congested area and have parking to spare, you might be able to rent out your parking space for some quick cash when you’re not using it. Simply advertise your open parking space online including details on the location, whether it’s covered or uncovered, and your desired hourly, weekly, or monthly fee. If you want, you can even use a site like Just Park or download the Spot App to reach more potential customers.
Central to all of this is redefining what it means to be rich. If you need a huge home and an expensive car to “feel” rich, then this advice won’t work for you. But if you define affluence as the ability to spend time with friends and family, to travel, to do work you love and to stop worrying about money, then living below your means is all it takes.
Now next, you’ll want to pick a WordPress theme from somewhere like ThemeForest, Elegant Themes or OptimizePress. This is the barebones design of your site, which you can then customize with your own branding, copy, and images. That being said, you don’t want to cheap out. It costs less than $100 to buy a theme that will make your website look professional (and you can upgrade to a completely custom design once you get the business going).
Take advantage of the growing delivery trend and sign up for a service like Instacart, UberEats, Postmates or Amazon Flex. You get paid per delivery, in most cases, and can even earn tips. A car isn’t always required — Postmates lets you use a bike, scooter or your own two feet to make deliveries — but a background check almost always is part of the deal. Learn more about how to get started with Amazon Flex, UberEats and Instacart.
Reduce monthly debt payments: Not all of us are in such a dire situation that we can just have our debt forgiven. However, you can cut your payments by up to 80% by refinancing. Most credit cards have interest rates above 25% and Credible’s refinance loans are as low as 4%. It won’t change the amount of your debt, but it can reduce your monthly payment significantly.
Sites like Cookening, EatWith, and MealSharing are to restaurants what Airbnb is to hotels. Sign up as a host to earn dough by cooking and serving meals to guests in your home. It's up to you what you want to cook and how many people you can accommodate. Cooks are paid directly through the site, so no cash ever changes hands. The earning potential for becoming a cooking host is $50-$100 per meal.
If you have an old smartphone and you need money today, check out ecoATM. Type in your ZIP code, and with any luck, you’ll find one of their ATMs in your area. If you do, you simply find the kiosk and place the old cell phone in the ecoATM’s test station, where the machine will examine your phone — noting the model number and condition, among other features. It then automatically scans the resale market for similar phones and offers you a price based on its value — if you agree to the price, you’ll get the money on the spot (hence the ATM in the name). They also accept MP3 players and tablets.
Borrowing could be a key element in this method. Say you borrow $200,000 and put in $50,000 of your own to buy a property for $250,000. Then you develop the property and sell it for $400,000. The property has increased in value by 60% but your $50,000 has now grown fourfold to $200,000. You have to select the right properties in the right areas and develop them wisely.