20 Ways to Earn Passive Income
There are many reasons why people might seek other ways to earn extra money. From students to stay at home parents, earning extra money can be easy and painless. Of course, it is important to research and ensure that any form of making money is legit and safe. From taking the time to sell textbooks to offering odd jobs, extra income can easily be earned. The contents of this article give an overview of 20 legit ways to earn extra cash.
- Sell Things You No Longer Need
Textbooks
Many people have textbooks at home that they no longer need. Let’s face it, textbooks can be very costly. Rather than holding onto old books or throwing them out, different sites will help you sell textbooks for money. Sites, such as Booksrun.com, make it easy by having you enter the ISBN number on the textbook to get a price and ship it to them for free. Payments for the books is paid within four days via Paypal or check.
Clothes
Clothing is another item that can be sold to shoppers looking to save money on their wardrobe. Clothes, along with shoes, hats, accessories, etc., can be sold at local consignment shops or ones found online. With this option, the clothes usually need to be name brand and in great condition. Profits can vary as the site or store take a certain percentage of what is sold.
Electronic Devices, DVDs, Games, etc.
Other items that can be sold at consignment stores or online are game consoles, DVDs, CDs, cell phone, etc. Again, prices can vary according to the store, condition of the item, and the demand for that item.
2. Cash Back on Purchases
Ebates, and other similar sites offer cashback deals on items you would buy every day online. Simply look for the store you are going to purchase from and the site will tell you how much you can potentially earn back after the purchase. Payments are paid out quarterly via check or Paypal. There are also options to earn from in-store purchases and referring friends.
Ibotta is another way to earn cash from everyday purchases, Using the app on your phone, you can shop for offers on various products. After buying those items, you scan your receipt for the amount offered. Payment is given within 48 hours into your account.
3. Surveys
Many companies will pay for your opinion or to test a product. Sites, such as Mysurvey or Vandale Research match your profile with potential surveys. The surveys vary in length and payout. The best way to earn the most money is by signing up for more than one survey site.
4. Writing
Using a variety of writing skills, earning money through online writing sites can be fun. Textbroker and other sites will hire writers to create pieces on particular subjects. Or, creating your own blog is another option and allows more freedom on topic choice. While writing articles for sites can be restrictive in topics, the payment is usually a set amount.
5. Product promoter
Many companies make money by having everyday consumers promote their products and sell them. Companies, such as Avon, Mary Kay, Pampered Chef, allow you to start your own business, with a start-up fee and sell the products. The amount you make is usually calculated by a percentage of how much you sell.
6. Personal Shopper
Some people will hire others to shop for them. It can be for groceries, picking up food order, medicine, etc. Sites, such as Amazon, Google express, Fresh direct, etc.
7. Pet Sitting or Walking
You can set your own rates and policies being a pet sitter or walker. This can be advertised through social media like Facebook or on websites such as Rover. Pet sitting can be allowing pets to stay at your home or staying at the pet’s house. House sitting can also be an option to earn more.
8. Tutor
If you have expertise in a specific area, tutoring can be a way to earn more income. Tutoring can be done at a local place or can even be done online. Sites, such as VIPKid, will set you up with a virtual classroom and match you to clients. Tutors usually are required to have some kind of training, education, or degree.
9. Drive People Around
People are opting to use companies, such as Uber or Lyft, to make extra money driving others around. There are many reasons why someone would opt to use a driver and it can be done safely through legit companies. By choosing your jobs, you can make your own hours and adjust your potential for the amount of money that you make.
10.Advertise
Some companies will pay you to advertise for them. Car Wrapping has become an easy way to earn income, just by driving around as you normally would. Payments and requirements vary by company.
11.Virtual assistant
Virtual assistants can make money by doing a variety of tasks online. Tasks can range from responding to emails, data entry, customer service, and telemarketing. Payment and other requirements are made by the companies or person hiring to VA. There are many sites that can match potential virtual assistants to clients.
12. Arts and Crafts
If you have a talent in creating different arts and crafts, they can be sold through various sites, such as Etsy or CafePress. It can be anything from creating designs for t-shirts to making little girl hair bows. The options are endless, as is the amount of customers and payment you can earn.
13. Sell Old Gift Cards
Often we forget to use gift cards given to us, or never use the whole amount. Gift Cards can be sold online on sites, such as eBay or Amazon. Gift cards can also be sold for partial amounts but may be harder to sell. The Facebook marketplace is also a good place you can advertise old gift cards.
14. Proofreading
Similar to freelance writing, proofreading can also be done online for extra income. Sites hire proofreaders to edit their writings or writings that were created by freelance writers. Usually, there is a requirement to pass a proofreading test to ensure that you can properly edit.
15. Rent a Room
If you have an extra room at your house, it can be easy to earn money by renting it out. Because this person will be living in your house, it is important to ensure that it is done safely. It is also to make sure you are aware of any laws that may be in place by your state of residence and legal documents are completed.
16. Affiliate Marketing
Websites generate money through affiliate marketing. It can be easy to earn revenue, but time-consuming to set up. By creating a website or blog, you can add affiliate ads which can accrue money by the amount of traffic your website brings in.
17. Test Websites
Being a website tester can be a quick way to earn extra cash. Companies will pay you to test out their websites before they are published to the public. Sites, such as Analysia or Enroll, will match you with potential clients. Tests can vary in length and tasks, as well as the amount of payment.
18. Babysit/ Caregiver
If you like kids and have experience with them, babysitting can be a good way to earn money. This is also true for being a caregiver for elderly or disabled people that need extra help. Again, this can be advertised via social media or jobs can be found online at Care.com or Sittercity.
19. Lawn Care or Snow Shovelling
Whether it be winter or summer, people have a need to hire someone to help out at the house. Snow shovelling can be a quick and easy way to make money, based on your own rate. Similarly, cutting grass, weeding a garden, or other lawn care can be done during the spring and summer months.
20. Odd Jobs and Chores
There is a multitude of odd jobs and chores that are being requested by all kinds of people. It can be someone needing a painter or organizer for their house, repairs, help with moving, etc. Jobs can be found on Craigslist or social media. You can also advertise odd jobs that you can complete.
