2017-06-03

9 Ways to Earn Extra Cash When Money Is Tight

Wise Bread Picks


Even though I’m self-employed full-time, I’m always looking for new and exciting ways to make more money.


Earlier this year, I wrote a Wise Bread post on websites that can help you earn extra cash. I thought it was time to revisit the topic and let you in on a few more ways to get paid. (See also: 4 Reasons Why Everyone Needs Side Income )


1. Offer Experiences to Strangers


I recently learned about a new site called Vayable. which allows people with specialized knowledge and talents, local info, and time on their hands to create experiences that others can purchase. It’s basically a touring and activity company without the company. Anyone can join the site and set up an experience. For instance, the Kan Brothers offer motorcycle tours of San Francisco — which include helmet rental, a drink at a local hotspot, and a city map — for two to four people at $75 per person. In New York City, Kim G. is offering a personalized painting lesson for groups of two to six for a flat rate of $300; the experience includes acrylic paints; canvas board and supplies; studio space; wine, cheese, and crackers; and Kim’s undivided attention. Consider this tip if you’re interested in joining Vayable — browse the site to see what other people in your area are offering. By creating a unique experience that no one else has established, you have a better chance of getting booked.


2. Become a Mystery Shopper


Mystery shopping gigs have always been elusive — until now. I had to pass a written interview to be accepted by Goodwin Associates Hospitality Services (and you will, too ), but I’m enjoying the experience so far. The company maintains a database of available shops from which to choose and allots a dollar amount for each shop. Last week, I accepted an evening shop at Heartland Brewery for the amount of $60. Between my guest and me, we had to purchase one beer and one other drink, an appetizer, two entrees, and a dessert. The $60 fee may not seem like much — and it isn’t (you’re not going to walk away with much cash) — but if you purchase the cheaper menu items and your bill (plus tip) comes in under the allotted fee, you pocket whatever’s left over when the company pays you. After dining, however, shoppers are required to detail the experience on a questionnaire and provide a receipt in order to receive the fee. As I mentioned, you won’t make much money unless you’re thrifty, but at least you’ll receive a free meal.


3. Seek Out Odd Jobs on the Internet


So long as Craigslist is around, so too will there be part-time gigs like walking dogs, house cleaning, babysitting, yard work, and more. If you have the skills to accomplish these tasks, by all means get in touch with the poster. Depending on the nature of the job, you can make anywhere from $8 to $60 an hour, usually all cash and under the table. (See also: The 6 Best Lawn Mowers )


4. Have a Garage or Yard Sale


Every one of us has a storage unit, attic, basement, or garage piled high with things that we no longer want or need. So why are they sitting around collecting dust or rotting away? Take a day to clean out the clutter and put them up for sale, whether it’s on your front yard or on the Internet. If you have items that you think are more valuable than what you’ll get for them at a yard sale, take them to a pawnshop. Pawnshops are great for electronics, musical instruments, jewelry, and tools.