Updated: May 2020
Having extra income should not be difficult and I want to give you a few creative ways of how you can start building extra income today, while at home. Considering the circumstances, you might be cleaning out your home, find items and gadgets you no longer care for. The world has not completely stopped because you are still buying groceries. If you are swimming in extra time now might be a good time to build an extra stream of income by potentially transcribing audio files, narrating a book, participating in a survey or even starting a blog in your field of expertise. If you are in the market to create streams of extra income, the below tips are for you. If you are interested in making money this week, please scroll down to the section about Instacart or use my recent guide to give you a quick guide to start shopping for Instacart this week.
I have categorized each opportunity from minimal effort to more consistent effort depending on your return of investment. Whether you need extra cash flow, want extra income to invest or simply need extra income during these times, I have created an easy list of things you can start working towards today, while at home. When creating this list, I have specifically curated the options that you can work on while having a full-time job or full-time responsibilities and options that are not only creative but legitimate.
Sell unwanted clothing on Poshmark
Effort Level: 4/5
Is your closet filled with clothes that you have not worn in a while? Well download Poshmark now and build some passive income with what is already in your closet. Poshmark covers shipping through USPS for a fee that customers pay. Did you know that you don’t need to actually drop off your packages at the Post Office, USPS can pick them up from your home. Need the Priority packaging bags? Do not worry about going to your nearest USPS, order them directly to your home.
Tips for selling your clothes?
Learn more, in this Beginners Guide to Poshmark in 2020.
First, you need images of your clothing. This consists of good lighting, a blank wall for your background, Lightroom or another editing application and your phone (no need for a fancy camera). Find a blank wall, add in a nail, and use a clear or white hanger. Take photos of the front, back, size tag, and fabric description. Before you post your photos, lighten your photos using the lightroom app.
Create a descriptive title. For your title you will want to include the brand name (if known), type of clothing (dress, top, sweater, and etc.) and if you have room (enough characters) add in the color, size and NWT (New with Tags), if applicable.
Sell unwanted tools, appliances, and home goods on Offerup
Effort Level: 3/5
If you have old tools, coffee makers you do not like, pictures, frames, mattresses that you want to get rid of, Offerup is for you. This is not as time-consuming compared to Poshmark but you still want a few clear photos of the items and up to two phrases to describe what you are selling. When people search Offerup they are not just browsing, they are most likely looking to make a purchase to complete their home or find a specific appliance for a better price. This model allows you to just sit and wait for the right audience to come for your items following some negotiation. Typically this application is used by people in a local market where customer will be picking up the item from a designated location. Since Offerup has opened the app to other states and cities they also use USPS to provide shipping for the customers that would like to purchase the item if you choose to ship it. They will take a fee but you are provided with a shipping label and can use the USPS shipping bags just like Poshmark.
Become a Transcriptionist on Rev
Effort Level: 4/5
All you need is some good English grammar and good typing skills. The application process is simple and includes a small transcription quiz. Once you pass you will be able to browse various jobs at different pay rates. You get paid for the work you do per job every single Monday for the previous week worked. There is no contract, minimum times, or amount of background you need to be able to qualify and still continue working. This is a creative way to build extra income when you have some spare time while at home.
Participate in Focus Group Surveys with FocusGroup.com
Effort Level: 3/5
This is very simple to set up. Once you apply you will start getting email notifications for upcoming surveys. Many surveys have preliminary quizzes to determine if you qualify to be apart of the Focus Group. If you get to be apart of the focus group you can make between $50-200 per survey. Once you sign up, you will get email notifications about upcoming and new focus group surveys. You take a quick 2 min quiz to see if you qualify for the focus group. Participate in a paid focus group, test new products, taste new snacks and beverages, watch new TV shows, take online surveys, and more! I joined through FocusGroup.com and if you choose to join as well, comment down below and I will be able to send you a personal link recommending you to participate in the Focus Group Surveys.
Become a Narrator with Acx.com
Effort Level: 4/5
Do you love to speak or narrate or read stories aloud? This gig might be for you. Create your profile on acx.com and create a sample audio voice and audition for certain books. This is a great way to make extra income. This organization is directly linked to audible and amazon making it very easy to sign up if you already have an Amazon account.
Get Cash Back on Ibotta
Effort Level: 2/5
Honestly, I love this app. I have used it for various purchases like groceries or even travel. You are eligible to get cash back for purchases you make on the regular. Although none of us are planning to travel soon beside the occasional trip to the grocery store, this is still a great tool to use for every grocery trip or even some online shopping. Before I make a purchase, I search the Ibotta app for my specific grocer and start adding items that I will purchase into my list. After you have completed your purchase, you will then upload your receipt and be able to save on the items it matches according to your purchases. I have received up to $300 in lifetime earnings just from my regular everyday purchases. If you decide to download the app be sure to use my referral code “afjcsnk” at registration to receive $20 deposited to your account.
Let Dosh make you some extra change.
Effort Level: 1/5
Dosh is very similar to Ibotta expect you are not required to upload receipts and earn back a specific % versus item-specific amounts. Link some of your frequently used cards and find that you receive some extra cash or cents when you make purchases. I tend to forget that I have this app linked to my cards but then will be surprised with an email notification that I earned some passive income. Once you have earned up to $20 you will be able to deposit it your PayPal account and then straight to your bank. I love finding that I have an extra $20 lying this account. Over the course of 3 years, I have made over $60 and I only have a couple cards linked to this account. It is not an astronomical number but its some extra income you can use for your specialty coffee or better yet you can invest that cash and buy a stock.
Scan your receipts to earn free gift cards with Fetch
Effort Level: 1/5
Save all your receipts. I find it helpful keeping them in a ziplock bag. Then scan all your recent receipts. They must be within a two week time period and there is a limit of receipts that you can scan. This is literally the easiest thing and you can easily earn gift cards from $5-50 and redeem them based on the amount of points you have accumulated. Download Fetch using this link and you will automatically earn 2,000 points plus every receipt you scan when you first sign up has bonus points attached to it, so be sure to have some receipts handy.
Invest with Robinhood
Effort Level: 2/5
I love Robinhood because you can start investing today without commission charges. They are pioneers of this new investment model suitable for people interested in making some passive income. You can purchase stocks for as low as $1, which they call Fractional Stocks. You will be able to invest any amount, from various companies to diversity your portfolio, and have an ability to trade in real-time commission-free When you join, Robinhood starts you off with you a free stock from a major company, to give you a head start.
Become a Shopper on Instacart
Effort Level: 4/5
Instacart is a platform customers use to have food delivered right to their door stop. You can partner with Instacart to just shop or to shop and deliver produce straight to someone’s house. It is a very simple process to sign up for instacart and all you need is a car. Instacart provides you with a card that has a preloaded amount for every grocery trip you have to complete. You get to choose the hours you will work and select specific jobs. If you link your debit card, you can get paid out instantly for every job you complete. Learn more using this guide.
Start a Blog on WordPress
Effort Level: 5+/5
Although this is something that does take time to build up it will generate extra passive income. If you have an interest in a specific topic and want to generate income over time, start a blog. With the amount of internet traffic, we are currently experiencing, this is is a perfect time to start. But honestly, it is never too late to start. I am planning to put together a comprehensive guide on how to start a blog but for now, these are my five quick tips: think of a niche (as specific as possible), create a brand-centered-name related to your niche or your personal name, open a basic WordPress.com account and start playing around with features and tools this will provide you with a basic understanding of the world of WordPress, purchase a domain name, and hosting services. I highly recommend Bluehost. They have a well-integrated and seamless system that is made to work with WordPress. This is especially perfect for beginners considering their 24/7 support line.
But why WordPress? In a brief explanation, WordPress is the most used platform for bloggers because of the versatile nature of the platform. There are a lot of widgets, applications, and plugins that work well with a blog. Once you have established a blog you can begin earning income through ads, affiliate links, brand sponsorships and more.
I hope you enjoyed reading about some creative ways to make extra income especially while you are at home. I know this is a difficult season for everyone but stay strong and don’t forget to pursue your dreams. Every step closer to your dream is a step closer to getting there.