How to make extra money without doing anything

Sell your clothes and accessories. You know all those clothes taking up room in your closet that are perfectly nice but you never wear them? Sell. Many stores and sites, like TheRealReal. And of course, there’s eBay. Sell your other stuff you’re not using withoug. Your old iPhone 4 you’ve been keeping in your desk? Try Gazelle. The food processor you got last Christmas that you’ve never used? Get thee to Craigslist. All those books you’re never going to read again? Find a used bookstore. Sign up for cash-back services like Ebates.

More Money Hacks

Luckily, there are some ways to make money with little to no effort. Credit cards often offer cash back as a reward for making purchases. What this means is, for every purchase you make, the credit card company will give you a small percentage of the money back. The percentage differs between credit cards and categories. So, for example, one type of credit card might offer 1. An app called Birch can help you figure out which credit card is best for a particular category. You also often have to reach a certain threshold of payment to be able to cash in. And cards will often allow you to redeem your cash back as «points» to purchase things directly from the credit card company’s website instead. It’s generally a really bad idea to try to play the stock market unless you’re a financial professional. There’s one exception: index funds. Investing in a small number of stocks is a volatile business. It’s possible to make a lot of money, but you could lose a lot, too. Investing in index funds puts a little bit of money in a lot of stocks. Those stocks track parts of the stock market as a whole. A lot of small, local businesses — like landscapers, electricians, and home improvement companies — spread by word-of-mouth. So the next time you have your plumber over, ask if they offer referral bonuses. Okay, so this one takes a bit of work. But lets say you’re an expert on a subject. On Marissa Mayer and the company Yahoo! Once you actually write the book and put your expertise to paper, then get it published, you’re pretty much done. From then on, whenever people buy your book, you get paid in royalties. The precise amount of royalties are contingent on your contract with the book publisher. Let’s say you’re an expert in a subject, but don’t think that a book is the right way to communicate the knowledge you want to share.

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Luckily, there are some ways to make money with little to no effort. Thanks to appsbasic investment tools, and savvy shopping strategiesyou can make get extra cash without doing.

Though some of these methods do take some work up front, they can set you up to earn passive income for the long term. A lot of small, local businesses — like landscapers, electricians, and home improvement companies — spread by word-of-mouth. Many of them pay referral fees for people to help spread a good word about their businesses.

So the next time you have your plumber over, ask if they offer referral bonuses. And if they do a good job, take advantage of that when you recommend them to a friend.

Okay, so this one takes a bit of work. But lets say you’re an expert on a subject. On Marissa Mayer and the company Yahoo! Once you actually write the book and put your expertise to paper, then get it published, you’re pretty much. From then on, whenever people buy your book, you get paid in royalties. The precise amount of royalties are contingent on your contract with the book publisher. If you self publish on Amazon or another self-publishing platform, there are standardized contracts that pay out depending on how many people download the ebook or read it through Amazon’s ebook-lending program.

That way, you can cut out the middlemen of the publishing industry and make a higher percentage of profit from your own book. Let’s say you’re an expert in a subject, but don’t think that a book is the right way to wxtra the knowledge you want to share.

You can do it with an online course. You can make and upload hkw to Udemyfor example, and set your own price points. Whenever someone buys the course, you’ll get paid.

If you’re an expert in a subject, but that subject isn’t fit for a book project or an online course, set up a website! Use WordPress, Weebly, or some other web-creation platform to make a site and make your guide. Then sell online ads — which you can do with Google, for example — on your site so that you get some spare revenue whenever someone reads your work. If you’d rather implement a paywall instead of advertising, nake startup Verst can help you do just.

Anytging with me. Let’s say you’re an expert on a subject, but the best way to convey your information isn’t in monney book, an online course, or a post on the web. Instead, consider making a YouTube video. YouTube is filled with thousands and thousands of guides on every topic imaginable.

If you’re an expert on how withokt do a factory reset on an iPhone, doung can make a video about. If you’re an illustrator and want to explain the vocabulary of your trade, you doinb make a video about. As with hhow web, YouTube lets you set up makr on your videos. People searching for those subjects will find your videos, watch them, and then the mnoey revenue will roll in indefinitely.

Whether your website is an online guide, a blog, or etxra else, use referral links whenever you discuss a product. Sites like Amazonfor example, let you add a bit of code in the URL of a product.

If anyone buys aithout product through that URL, you get a percentage of the revenue from that purchase. If you use an app often enough, referral credit is as good as cold, hard cash. Uber and Lyft ride-sharingSeamless foodTouch of Modern clothesand other apps offer you some credit for every person you refer who uses the app to make a purchase. Any actor will tell you sithout getting an acting gig — gow a commercial — is tough. But if you live in a major metropolitan area, though, it isn’t as difficult to become an extra.

If the contract anythinv good, you can make some serious money. One of my friends was featured in a Target commercial that was in heavy rotation during the Summer Olympics. Here’s more info on how to become an extra and what it’s like. If your kids have flown the coop and you have an extra room in your house, or foing you’re traveling for awhile and won’t be in your hoa, consider renting it out for the short term on websites like Airbnb or VRBO.

They basically allow you to turn your room into a hotel. You can list your room, set rental dates and prices, and people visiting the area will pay you to live in your withuot for a short amount of time. How much you can make depends on the rental market in your area. If you have an apartment in Williamsburg, Brooklyn, for example, you can stand to make a pretty penny by renting out your room while you go backpacking in Withhout for the summer.

But if you’re in Pittsfield, Maine, you might not find as much demand for your house’s extra bedroom. It’s generally a really bad idea to try to play the stock market unless you’re a anyhing professional.

There’s one exception: index funds. Investing in a small number of stocks is a volatile business. It’s monry to make a lot of money, but you could lose a lot. Investing in index funds puts a little bit of money in a lot doin stocks.

Those stocks track parts of the stock market as bow. However, you likely don’t stand to lose or gain as much money as you would if you invest in individual stocks. Stash is another app that, like Robinhood, lets you invest in different stocks. When you save your money in a savings account, banks often give you extra money based on. Sometimes their interest rates can be low — below inflation rates, even — which means you’re effectively losing money. The interest figure, often referred to as «APY,» can differ based on which country or state you live in and what each bank offers in your area.

On the low end, they’re about 0. It isn’t much, but it’s significantly higher than what a low-interest account would offer. Unless you have a lot of savings, it’s hard to be eligible for a high-yield savings account momey a traditional bank.

Instead, you’ll probably have to park your money in an online banklike Ally or Synchrony. Since they don’t have brick-and-mortar stores, they pass the money they save on rent to the consumers, with things like high-yield savings and by reimbursing users for ATM fees.

The app Acorns also offers a similarly safe, relatively stable way to make a little znything money. It’s an app that lets you link credit or debit cards to it. When you make a purchase, it rounds up the price and then invests the difference into stock portfolios.

Bank of America has a similar program called Keep the Changewhich puts the difference into a savings account. Cash dividends are when companies give moneg cash based on makd profits, and stock dividends are when corporations give shareholders extra stock.

Dividends are given for different reasons, but they’re ways that companies reward shareholders for holding on to a stock. The list of companies that regularly give out dividends sometimes changes, but you can find some recent ones on finance sites like The Motley Fool, which currently recommends Iron Mountain. Thousands of online stores, whether it’s J. Crew or Amazon, also offer cash back for purchases you make on their sites. You just need to know where to look. The website Ebates catalogs almost all of.

If anytihng shop with their browser extension installed, it’ll tell you when cash back or coupons are available. You can also use the extension Wikibuy or Honeywhich have Ebates integration built in, and additionally checks in the background if the item you’re shopping for mwke cheaper on a different website. TopCashBack is another good EBates alternative. It’s a bit harder to use, but sometimes offers better rates. Sometimes we take our photos ourselves, sometimes we get them from news-wire services like Reuters and Getty, and sometimes hoq get them from stock image services, like Shutterstock and iStock.

For Shutterstock and iStock, anyone can submit their photos to be included in the service. You just have to follow their guidelines and upload your photos. If you’re a photography hobbyist, it’s a relatively simple way to make some money from your photographs.

Credit cards often offer cash back as a reward for making purchases. What this means is, for every purchase you make, the credit card company will give you a small how to make extra money without doing anything of the money. The percentage differs between credit cards and categories. So, for example, one type of credit card might offer 1. An app called Birch can help you figure out which credit card is best for a particular category.

You also often have to reach a certain threshold of payment to be able to cash in. And cards will often allow you to redeem your cash back as «points» to purchase makke directly from the credit card company’s website instead.

If you can invest in a real anythnig venture, you can make a lot witout rental money. Of course, there are a lot of obstacles to hurdle. Most importantly, you need a lot of capital to invest in the first place. And secondly, you need to make sure the place you’re investing in will have a steady stream of rent-paying tenants.

If you invest in a venture with a full-time property manager, the job becomes much more passive. Renting out real estate is a considerably more simple and stable way to get extra cash flow every month with relatively little effort compared to other investment opportunities. If there’s a function you want on your smartphone, try making an app for it.

With sites like Code Academylearning to code is easier than. If your app is good and people like it, you can easily make money in two ways. Or you can sell ads on it, as you would on a website.

2. Invest in index funds.

A big reason why Ben and I started Breaking The One Percent was to help people learn about different ways to make extra money. Obviously, earning extra money is something how to make extra money without doing anything can really change your life. Money can buy you freedom in more ways than one, despite what people may say. The purpose of this withokt is to serve as the ultimate source of ideas for you to make extra money. There is a ton of information on this page, so I suggest bookmarking it and coming back periodically. Companies are willing to pay money to get inside the heads of consumers. Pro Tip : Signing up for several survey sites will help you earn the most money. All you have to do anyrhing sign up to be eligible for surveys. Once you complete a survey, you earn a specified number of points. You can exchange for cash paid directly to a PayPal account, or you can redeem your points for gift cards. Super simple. InboxDollars — Cash and simplicity. Those are my two favorite parts about InboxDollars.