With a down economy and a high unemployment, many people are looking for new ways to make ends meet. Here are a few ideas that can help you generate some extra income:
- Flip it. Finding valuable items for below their actual value and then selling them can be a great way to make money, especially if you know what you are looking for. By frequenting garage sales, thrift stores, Craigslist and Goodwill locations, the chances of you finding some valuable treasures are pretty good. The more you do your research, the better you’ll know what you can actually sell that item for. For example, REI has frequent used gear sales where all items that have been returned to store are sold at heavily discounted prices. If you go to one of those sales, purchase a couple big ticket items that will sell easily online. Clean the item up and post it on Craigslist or eBay when you get home. You’ll be surprised at how quickly a popular item will sell and how much money you’ll make for very little work.
- Freelance Writing. There are many places that will pay you to share your knowledge on certain topics. One such website is Suite101 that features articles by freelance writers on thousands of topics. Freelance writers for this site get to choose their own topic material, write from home on their own set hours, work with professional editors one-on-one and have their work published for millions of monthly readers to see. This type of a job is not only a great way to showcase your talent, but to get paid while doing it. Whether you make it your fulltime job, or simply a side-job, freelancing is a great option for earning money.
- Prize Challenges. Often times, big companies will offer incentives or rewards for new business ideas or developmental strategies. If you’re interested in one of those companies, jump on that opportunity to get involved. Prize challenges are a great way to put your innovative ideas to work and get paid for doing it.
- Blog. If you enjoy writing and spending time online, starting a blog can be a great way to make money. It’s important to have a unique angle and intriguing topics to write about, but once you come up with your idea, run with it. Remember, it can take some time to build up your blog and readership, so be patient and keep writing.