If you’re looking for ways to make money online, but you don’t want to go out and start a new business, there are several options. Some take minimal time to set up and don’t require any special skills or training. Others, however, are more advanced and can be a great way to earn passive income in your spare time.
Tutoring
If you have a passion for languages or teaching, consider a side gig as a language tutor. You can teach English to international students, or a variety of other subjects, at local community centers and after-school programs. If you’re a fluent speaker and have a good command of the English language, this can be a great money-making option.
Freelancing
As the economic crisis continues to unfold, more and more people are looking for a way to make extra money. Some freelance jobs have a low barrier to entry (when you don’t need training), such as transcribing or proofreading, while other options, like consulting, can be more advanced and require more training. If you’re ready to try your hand at this side hustle, check out Fiverr and SolidGigs to find gigs that match your skills and qualifications.
Renting out your car
If you have an older vehicle that you’re not using, you can turn it into an income generator with services like Getaround or Turo. These platforms let you rent out your vehicle by the hour or day. You keep the majority of those earnings, while the site takes a cut for protecting your car while it’s being rented out.
Selling your old clothes
If your wardrobe has gotten a little too dated, you can sell it on online websites to make some cash. Several sites, including Poshmark, ThredUp and Tradesy, will pay you to list your clothing items.
Domain Names
You can also make some quick money by reselling unused domain names. It’s a bit more competitive than buying a domain, but it’s a fun way to make some extra money.
Stock market investing
Investing in the stock market can be an excellent way to earn extra cash, but it’s important to do your homework and invest wisely. It can be difficult to predict whether a stock will rise or fall, and it’s always better to diversify your portfolio.
YouTube marketing
If you’ve got a creative flair, you could start your own online video channel and monetize it with ads. This is a popular and easy way to make money online, but you need to have a good understanding of how to promote your channel and create effective content.
Affiliate marketing
You can earn a few bucks a month by sharing referral links to your favorite stores and brands on social media or your blog. You can earn more if you develop a niche and have a lot of followers on your blog or social channels.
Print-on-demand design
If you love designing t-shirts and other fashion items, consider making them for sale online. Print-on-demand platforms, such as Printify, let you design custom t-shirts without having to own an expensive printing factory or other equipment.