If you have little or nothing in your pockets and no income stream, employ the following strategies. These will help you start earning something without worrying about capital funding. Whether you still depend on someone, or looking after a family, try the following tips and make some dollars. Even if you already have a regular income, it is a good idea to supplement your earnings.
Make use of what you already possess.
This can be your talent, skills, knowledge, expertise, assets, or simply your connections etc. This article highlights how you can earn something from what you already have without necessarily having to first raise capital.
- Rent out your car
If you are fortunate to own a car, at least you have somewhere to start from. Instead of having it lying idle, you can put it to good use and earn something from it. Rent it out and get paid from its usage.
2. Rent out your spare room.
If you have a house you can rent out a spare room that you do not use. That way you will be guaranteed of a monthly rental. Even if you do not own a property, you can sub-let a spare room from your rented premises (provided your lease agreement does not prohibit you from doing so)
3. Selling old books
Do not have old books gathering dust on the shelf. Instead of keeping cabinets filled with books you already read, sell those you have exhausted. You will get relief for your wallet and some cabinet space.
4. Drive for Uber.
If you meet the minimum requirements needed, why not sign up for Uber and start from there. Even if you do not have a car, Uber partners can also offer you suitable cars on favorable terms.
5. Sign up for InDrive.
You can use your vehicle as a taxi during your spare time and earn some money. This can be during your lunch time, after work, or even on your way to work
6. House sitting
This is another way of making passive income. If you have a good reputation and well disciplined, you can do this with little to no hustle.
7. Baby sitting
This duty normally applies to ladies, as they can easily put into practice their motherly instincts to look after babies/kids.
8. Handyman services.
This one is quite easy for a hands-on person with knowledge of fixing broken household items and fittings. You do not need highly specialized equipment, but general garage and garden tools. This can be a way to put that into practice and earn while you enjoy getting your hands busy.
9. Start a home day care.
Your home is all you need to make passive income. Especially if you are a housewife, just create a safe space for kids at home. Make your home your workplace and money will come looking for you.
10. Rent out your womb.
In this evolving world of surrogacy, you can commit to doing this and earn some cash. In most cases, those who look for surrogate mothers usually offer large sums of money. However, there are factors to consider before jumping onto this such as your health, culture, belief etc before committing.
11. Deliver for Uber eats.
More and more people are opting for home deliveries on food items and you can take advantage of this.
12. Take online surveys.
There are organizations that offer rewards to participants of their surveys. This can bail you out if you are stuck provided you have internet access. For example, Prime Opinion is a site that rewards participants.
13. Freelance writing.
Those who have excellent vocabulary and writing skills can write content and get paid. Writers can write for websites, brochures, social media ads, reports for media houses etc, and get paid for the service.
14. Participate in research studies
Some research programs pay handsomely their research participants. In most cases the greater the commitment/sacrifice needed, the higher the pay.
15. Become a wedding/events planner
Put your management skills into use and help clients plan their events. Knowledge and information of where to find certain things as well as having the contacts can be your assets. Be the consultant or the one managing things on the ground in preparation for events and get paid.
16. Delivery services.
Depending on the type of vehicle you have, you can offer delivery services. For example with a small car, you can offer parcel delivery services while one with a truck can move furniture.
17. Household Chores.
Other households prefer to hire someone to do their household chores. These range from cleaning, cooking, laundry or other basic household duties. These one is mainly for ladies.
18. Becoming a brand ambassador.
Many times, new business start-ups employ people as freelance marketing agents and brand ambassadors for product promotion. These days it has become easy as these can be done online or physically as well. Those with a huge social media following can earn more depending on the number of their followers.
19. Watching videos online for money.
Provided you have unrestricted access to the internet, you can earn something from watching videos online and get paid. Platforms like Nielson Computer and Mobile, InboxDollars and Swagbucks pay those that watch their videos and provide feedback.
Conclusion
To start an income-generating project, you do not necessarily have to first raise some funds for capital. Sometimes you can simply put to better use what is already at your disposal. This can be your assets you bought for another purpose, skills you possess, or information. Therefore, you can start from essentially nothing and make something out of it. You never know, you may end up discovering your previously unknown abilities and reap some sweet rewards.