Tag: make money

3. Fiverr

How it works: This is a popular website that can be helpful for freelancers. Know something about digital animation? You can work for someone who doesn’t have these skills and pick up some extra cash. Even better, you can offer to compile web research for someone.

Highlights: You can make good money from the site, says Dan Bochichio, a web designer and digital strategist in Albany, New York, who runs a small business called Bocain Designs. He says his firm has earned $3,000 to $5,000 a month on Fiverr.

“To stay ahead of the competition, I make sure my Fiverr profile and gig descriptions are well-written and communicate the value of the services I’m offering,” Bochichio says.

He adds that when someone reaches out to him he makes sure to reply as quickly as possible and follow up with the inquiry by asking good questions. He says a quick but carefully written reply will significantly increase the odds of them hiring you.

Drawbacks: Bochichio’s success aside, Fiverr’s name comes from the fact that many people used to work for $5 a task. You can ask for more and arguably should, but a lot of your prospective clients may expect low rates. Keep in mind, Fiverr takes a 20% commission.

Time investment: Possibly considerable. If you’re asked to create a digital animated short, for instance, that isn’t something you’re going to whip up in 20 minutes. Plus, it may take 14 days for your money to reach your bank account after your work has been approved, although if you are a regular on Fiverr, you may get it in seven days.

4. Upwork

How it works: Upwork is essentially a meeting site where businesses and freelancers throughout the world can connect and collaborate on projects. Businesses hire freelancers for a variety of services, including writing, web design and pretty much any work that can be done on a computer.

Highlights: Upwork takes a 10% commission from freelancers, although if you engage in its “Direct Contracts” program, where you invite clients to join Upwork, you’ll pay a 5% commission.

Drawbacks: Upwork is popular, so there is a lot of competition, which can be a drawback for newbies who don’t know how it works.

Time investment: As with Fiverr, you may find projects that require days to complete. After your work has been approved, it can take 10 days to get paid. If you’re working regularly for someone, you may be able to get paid weekly.

5. Rover

How it works: Rover is a website that matches interested dog and cat sitters with people who need their pets watched. You can offer services like dog walking, housesitting at the pet’s home or keeping your client’s pet at your home.

Highlights: Rover takes a 20% to 25% commission.

Drawbacks: When you’re taking care of pets, things can go wrong, like having a cat scratch up your sofa or a dog doing his business on your new carpet. Rover does have insurance that will reimburse you if something went terribly off course, but you’d have to pay the first $250 of any damages. It also will cover up to $25,000, for eligible claims, if something were to happen to the pet you are sitting.

Time investment: Hard to say. If you’re walking somebody’s dog on a regular basis, maybe you’re spending 30 or 60 minutes a day on an activity. If you’re caring for a dog at your home for two weeks, then it’s a two-week investment. Either way, if you’re a pet person, it sounds like a pretty enjoyable way to make some money.

6. Etsy

How it works: If you’re an artistic person who can make unique wares, such as custom jewelry or refrigerator magnets, Etsy is the place to sell your products.

Highlights: It’s easy to navigate the site and set up a shop.

Drawbacks: There’s tough competition on Etsy. While you can make good money on the site, you could also invest a lot of time and earn nothing, or very little, if there isn’t demand for your products. Also, you’ll pay a 6.5% transaction fee to Etsy on every sale, including shipping costs.

Time investment: You’ll work at your own pace, so depending what you make or sell, it could take a couple hours or days or weeks or months. As for how fast you’ll be paid, you’ll typically get your money about three to five business days after your point of sale.

7. TaskRabbit

How it works: People come to this site to find those willing to do complete tasks like putting together a bookcase, cleaning out a garage or running an errand. Do as many tasks as you want, and this could become quite the part-time (or possibly full-time) job.

Highlights: You can apply for tasks, but you can also create a profile, and people may seek you out for work.

Drawbacks: A lot of the tasks you’ll find on TaskRabbit are, as noted, physical – like setting up furniture. Of course, if that’s your jam, that’s a plus.

Time investment: Generally, these tasks aren’t huge time investments. Payments are usually approved within 24 hours of task completion, and you can expect the money to land in your bank account two to four days later.

8. Merch by Amazon

How it works: John Frigo, a digital marketing specialist in Naperville, Illinois, says he sometimes makes money on the side by creating designs for T-shirts. He sells them on Merch by Amazon as well as other platforms like Redbubble.com.

Highlights: Frigo says you can simply upload your designs to Merch by Amazon and get paid. “Graphic designers can upload T-shirt designs and at that point it’s pretty much entirely passive, and you’re paid a royalty for every one of your designs that sell – but you don’t have to handle returns, do any customer service or ship anything,” he says.

Drawbacks: Merch by Amazon offers examples of royalty prices, and for a T-shirt that sells for $15.99, the royalty would be $1.93. Still, once the hard work – designing the piece – is done, it’s easy money. If somebody buys your design, that is.

Time investment: Maybe you’re an artist who can knock designs out in a hurry. Most people should expect to set aside at least a few hours. As for when you see your money, assuming you’re doing a brisk business selling your products, you could get paid once a month.

9. Neighbor

How it works: Do you have storage space in your house? Or maybe an empty garage or shed? You could rent out these spaces on Neighbor.com, which is sort of like Airbnb for the self-storage industry. You set your own prices, and the person who rents your space will pay Neighbor.com a service fee.

Highlights: You’re paid via direct deposit or you can receive a debit card at the end of the month. There are fees subtracted from your payment for hosts using Neighbor.com: a processing fee of 4.9% of the total reservation plus 30 cents per monthly payout.

Drawbacks: If you need to use your storage space, you must give your renter 30 days of advance notice to pick up their stuff. If you don’t give them enough notice, you’ll pay a $60 early eviction fee.

Time investment: Plan for at least a couple of hours to prepare to store someone’s stuff. You get paid after approximately 30 days of providing storage.

10. OfferUp

How it works: If you don’t have the energy to hold a yard sale, OfferUp may be the next best thing. After you take a picture of what you have and price it, hopefully someone nearby will see it online, love it, send you a note and you’ll meet (in a public place) and you can get your cash. OfferUp also offers ways to mail items to buyers.

Highlights: OfferUp is often compared to Craigslist, but some users claim it’s an easier site to post on. If you download the app, you can send instant messages to buyers and sellers, and if someone has earned badges on the site, they’re considered a trusted, reputable seller.

Drawbacks: The site is free to use, but it does have some services, like nationwide shipping and fast deposit, that come with a fee.

Time investment: It will probably take an hour or two of work, or the process could span days, depending how long it takes to sell your item. You take some pictures, set a price, negotiate with the buyer and possibly schedule a meetup to exchange the item for cash. If you ship an item to a buyer, it generally takes up to five business days for the money to show up in your bank account.

11. Fat Llama

How it works: Do you have a lot of nice stuff that you think people in your neighborhood would want to rent out? For instance, maybe you have an expensive telescope or camera that often sits in your closet? You could rent it out on Fat Llama’s website for money. Note that everything is insured for up to $30,000.

Highlights: It’s a good way to make money from something you paid for but don’t use all the time. For the renter, it’s a practical strategy to spend less money instead of buying something expensive that they won’t use all the time.

Drawbacks: You may have a lot of stuff, but not stuff anyone wants to rent. While you decide on the rental fee, Fat Llama takes 25% of that.

Time investment: As long as it takes to post photos of what you’re renting out and to meet the person. Fat Llama’s website says that when you rent out an item, it will send you the amount due (minus the 25% fee) within 24 hours of the start date of the rental.

12. UserInterviews

How it works: Nick Loper, creator of the blog SideHustleNation.com, is a fan of UserInterviews. “They specialize in matching you up with high-paying market research studies,” he says.

“Many of the studies are aimed at tech and industry professionals, but there are some general population studies as well,” Loper says.

He adds that he has made $50 on the site testing an online video tool, $30 to give his opinions on retiring early and $10 to answer a short survey for bald men.

“If you’re not looking for regular freelance work, this is an easy one to add to your tool belt,” Loper says.

Highlights: The money: While Loper’s earnings are on the low side, he believes you can make $40 to $200 an hour on the site.

Drawbacks: You have to match with what the site is looking for, and there’s no guarantee that you’ll be chosen for something you would like to offer your opinions on. So, it’s a possible way to make occasional money and not something you’ll likely turn into a consistent cash cow.

Time investment: You might spend 10 minutes or a couple hours offering your opinions. But the more time you spend, you more money you’ll likely get.

13. ThredUp

How it works: This e-commerce company appeals to thrifty types looking to make money and sell their clutter for cash. The online thrift store sells previously worn women’s and children’s clothing. You send your clothes to ThredUp, which decides their value and how much you’ll get (as much as 80% of what it retails for).

The site favors popular brands and clothing in good condition. So, if your clothing has seen better days but you still want to sell them, you may want to hold a yard sale. But if you have quality clothing, ThredUp enables you to sell these unwanted items and may even pay you enough so that you can buy new threads.

Highlights: The process is simple. ThredUp sends you a prepaid bag to put your clothes in or a shipping label if you prefer.

Drawbacks: You won’t get paid until your clothes are accepted by ThredUp. And if your items aren’t accepted, they are recycled unless you pay a fee to have them shipped back to you.

Time investment: Possibly a couple hours, or as long as it takes to look through your closet and navigate ThredUp’s website.

14. Gazelle

How it works: If you have an old cellphone or another electronic device like an iPad or MacBook, you can sell it here. The website will give you a cash offer for your device. If you agree on the price, you’ll receive packaging materials. Gazelle pays the shipping costs, and you wait for a check in the mail, an Amazon gift card or cash transferred to your PayPal account. You may not make a fortune, but it’s better than letting an unused device collect dust on a shelf – and far better for the environment than tossing it in the trash.

Highlights: It’s a pretty seamless process from start to finish.

Drawbacks: If you send in, say, a cellphone, and it doesn’t meet Gazelle’s expectations, the offer for what it will pay may go down considerably. On the other hand, Gazelle will send your phone back for free, so you aren’t risking much other than time.

Time investment: Gazelle says it can make an offer on your electronics in two minutes. Then you send Gazelle your item, the compnay inspects it and you get paid within about two to three business days.

15. CardSell

How it works: This is a popular site for selling gift cards. If you have unused gift cards and would rather have cash in your pocket, CardSell will make you an offer and you can exchange them for cash or another gift card.

Highlights: There’s no charge to mail your gift cards to CardSell and the process is pretty easy.

Drawbacks: You’ll never get the full value of your gift card, here or on any gift card buying website.

Time investment: Within 48 hours, you should see the money in your PayPal account.

16. QuickRewards

How it works: This is an online rewards program that has been around since 2002. You can earn money in a variety of ways, including doing surveys, visiting websites, completing offers and watching videos.

Highlights: You typically get paid within three days and there is no minimum amount required to cash out, which you’ll do through PayPal. You can also get paid through gift cards for as low as $5. The average survey pays around 75 cents for about 10 minutes of time.

Drawbacks: As you’ve probably guessed, you aren’t going to get rich doing this.

Time investment: It’s one of those types of websites where you can spend a few minutes taking surveys, or you can spend hours.. It’s up to you to decide just how much your time is worth.