If you pay your bills with a credit card make sure it offers cash back rewards. You can let your rewards accrue for a while and possibly put the easy money you earned toward another passive income venture! (Be sure that the card you select doesn’t have an annual fee or you might be cancelling out your rewards). Check out this list of the best Cashback Rewards Cards.
1. The batting cage idea is very risky. I’ve seen many of them close over the years and it is not anything close to passive income if you want to keep the business going. You have to continually promote it and target youth leagues, coaches, schools etc to catch all of the new players who grow up and want to play. I’ve played at probably 8 batting cages over the years and 7 of them closed.
With so many bloggers and websites offering giveaways, now is a great time to win. Depending on what you win, you can sell it for money or use it for your family. Giveaways that offer free food are a great way to reduce your grocery bill. Track these giveaways and freebies using services like Twitaway and Google Alerts. You can also sign up for free products through the Amazon Product Sampling program.
Be professional. When you submit a résumé, don’t type it in ALL CAPS and please don’t avoid the caps lock like the plague. Know how to use it without looking incompetent. Write in complete sentences with proper grammar. Of course, there will be exceptions, but even with the exceptions, you must keep it professional. You’re building their view of you.
Become a freelancer in an area where you have expertise. If you have a skill that’s in demand, you can sell your services directly to clients who need them. Advertise your services on a personal website and look for freelancing jobs on sites like Upwork, Freelancer, and Fivrr. Additionally, hand out business cards and encourage happy clients to tell others about your work. Here are some ways you can earn money as a freelancer:
While many people start a home business to create or replace a full-time income, some people simply want to generate a little extra money to pay a debt, save for a rainy day, or use as mad money for small expenses, emergencies, or impulse purchases. In the past, those who wished to make extra money needed to find a second job. Fortunately, times have changed. You can use the assets you have, whether it's skills, knowledge, or unused items around the home, to make money from home, often without leaving your house.
Network marketing, or multi-level marketing, seems to be on the rise. Companies such as Young Living Oils, Avon, Pampered Chef, and AdvoCare are all multi-level marketing companies. You can earn passive income through network marketing by building a team underneath you (often referred to as a down line.) Once you have a large team you can earn commissions off of their sales without having to do much.
Online business is how I’ve made a living since 2003 and what has helped me retire early. I make over $40,000 a month through my blog. You can create your own blog here with my easy 15-minute step-by-step tutorial. You can start a blog for as little as $2.95 a month (less than a cup of coffee!). Create a blog and leverage it into affiliate sales or product endorsement deals. Consider topics like:
Before you begin, assess your talents, your network and your organizational skills—it’s the best way to figure out what money-making at-home activities will work best for you. You may even want to consider taking a personality test for additional insight into your strengths and weaknesses. If you think you’ve got what it takes to start your own business, you can take our pro-blogger personality quiz here.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.
I didn’t think I’d be a fan of promoting either. I was always against the idea, but I realized that I get excited when I talk to my friends about personal finance tools and ways to earn, save, and invest. So, I realized that I am excited when it comes to referring or promoting things that will improve their finances! If you told me to go door to door selling someone a product they don’t need, that’s a completely different story. I am horrible at that.
That’s where you can come in as an Facebook Ad agency owner. One of the best part about this business model is that once you have a client’s advertising campaigns up and running smoothly, there is very little ongoing work needed on your end. Outside of checking in for a few minutes each day, it’s a relatively hands-off business model. You can be an agency of one person, or you can choose to expand as you start to serve more clients.
I would also like to mention that this course is NOT a get-rich-quick scheme! I’m not here to sell anyone a dream like how other bloggers do. I will reveal the initial steps I took (along with some honest truths about my journey) that helped me get to where I am today with this blog. Sign up and I’ll show you how I did it within my first year of blogging!
I may as well start with something I know well. When I started out as a freelance writer 20 years ago, things were very different. I wrote mostly for magazines, and I had to rely on snail mail to send out drafts and queries. I’d wait weeks for a response from my editors. Not many people had the patience for it, and few stuck around long enough to ever start earning a real income from it.
I share this with to let you know how much your expertise and your creating this information means to me. I will now put this link to your site on the Inspire-EDNF (Ehlers Danlos National Foundation) site to help so many others like me. Living with this condition, I can become a hopeless mess. Today, THANKS to you, I can begin planning how to contribute not only to my family and savings but also to causes very close to my heart.
Search engine evaluation - Almost everyone uses the internet in day to day activities and being paid to hang out online can put a smile on your face. Search engines such as Bing, Yahoo and Google use human skills to authenticate search engine results produced by complex algorithms. It is a simple online job because all you have to do is type word phrases into a search engine and then assess the relevance of the results.
Billshark: This service specializes in negotiating common monthly bills. While they don’t claim to be perfect, Billshark says that they have an 85% success rate negotiating bills for cable and satellite TV, cell phones, internet, satellite radio, and home security. Pricing is simple: whatever they are able to save you via negotiation, they take a 40% cut. If they can’t lower your bills, you don’t pay them. Billshark Review
Etsy: While Etsy's popularity has declined recently, it's still a great resource for selling handmade items online. No need for complex ecommerce sites or merchant accounts or any sort of automation. The company takes a commission of every sale and charges a small listing fee per item. But many still use Etsy as their primary source of income. The best part is that you can also sell digital products such as poster designs.
Upwork: This website offers a great marketplace for selling just about any professional service. You don't need a merchant account, a website of your own or anything else for that matter. All you need to do is be able to provide a high-quality service at a reasonable price. But be informed, you will have to compete with many others that are constantly bidding on open jobs.
What an AWESOME list! I have been selling stuff on eBay, half..com and Amazon like mad in the last week and it’s been pretty great. I agree that there is some challenge to this, but I have been doing it off and on for years. Only recently have I started to get serious about selling. Thank you for the ideas, though! I have been trying to think of other ways to earn money and a few of the things here (particularly rent-a-coder and tutoring) I have thought about before but not acted on. I appreciate the suggestions! At this point,… Read more »
I am very disabled by a genetic collagen integrity condition called Ehlers-Danlos Syndrome Ht (EDS-HT)and it effects all tissue, joints, GI Tract, my heart, nervous system and much more, which creates huge challenges for me physically. I was disabled at a young age, had to quit work at 40 years old and I am eligible for $600 month. Due to the progressive syndrome, all work I have tried I could not physically sustain within only a few days.
Another great way to earn money from your home office is to sell your skills or knowledge by teaching classes through Udemy or Coursera. For instance, if you’re an exercise guru, you might start an exercise class in a large spacious area in your home. People are willing to pay to learn about many fields of knowledge, from cooking and gardening to soap or candle making. Playing a musical instrument, child birthing, dancing, dog training, yoga, and even foreign languages are all great topics for expert classes.
Furthermore, carefully consider your likely attendees, and what schedule would be attractive to them. For example, if you’re planning on teaching a tutoring class, you obviously couldn’t schedule it during school hours. Likewise, a class aimed at mothers of young children will either have to include babysitting services or be scheduled at night, when they’re more likely to have help with the kids. Find the delicate balance of times that fit your prospective students’ schedules as well as your own.
I actually have an Etsy shop, because I love the idea of making things and selling them from home, but I have no products! I opened the shop so that I could call dibs on the name! lol I decided I wanted to work from home a few years ago when my son was a toddler. The commute to work and the time away from him and from home were not worth it to me. So I gave it a try with freelance writing. Having the nerve to take on writing as a source of full time income was the toughest decision I ever made for my career. But it has been considerably more fulfilling than working anywhere else. As a freelance writer, I work from home and can make time for my family. It takes a keen proclivity for discipline because each day hours must be carved out and committed to writing, but it’s the only way I want to live now! I hope you don’t mind but I’d like to share about where I write the most. The company is called Ultius, Inc. and it is a platform that connects writers like me and clients who need writers. They facilitate the compensation and tell me what it is per page before I commit to writing it (it averages about $10 per page). I love it and the workflow is consistent for me because I get the same clients requesting my help. I highly recommend it for anyone who wants to earn while writing from home! 🙂
When you lack the luxury of time, making money on or offline can seem like an impossible task. How are you supposed to do that when you're working at a life-sucking nine-to-five job? While the stability of full-time employment might allow most to sleep well at night, it doesn't empower your creative juices to search for new income-producing strategies.