There are some basic rules of financial freedom. One key rule is to earn as much money as possible, which is more feasible than you might think. If your current role isn’t paying you enough money, then you will want to consider earning money from a side hustle. If you have spare time and want to earn guaranteed extra cash, here’s how.
Invest in property
Property is a market that is forever increasing in profit. You will always guarantee to earn an extra income if you invest in safe property areas and listings.
You do not have to trade in stocks to be involved with property investment. Instead, you could become your own real estate agent. If you have an interest in the property, then you could buy and sell houses alongside your current role. So long as you have enough time and expertise, you could make it work. It would work really well for you if you already have property experience. You could purchase properties or land from companies like Avid Carolina, which are a property group that can help you find the perfect plots of land for your customers. You could help clients build their dream homes or build them before putting them up for sale.
There is always a guaranteed return of investment with the property. You just need to ensure that you attain the right qualifications and experience to make safe and legal investments.
Rent out your car
If you own a car and do not often drive it, you could easily earn money by renting it out. Whether someone needs it during the day or for a weekend, you could rent out your car and earn money from it when you aren’t using it.
To ensure you guarantee a profit, you should compete against local rental companies. If you offer a lower price, then customers are more likely to choose your business.
Fill out online surveys
There are plenty of online companies that pay you for filling out surveys. Although it might not be amazing money, it is guaranteed.
The more surveys you fill out, the more experience you will have, which could turn into extra profits. The more you know about a subject, the more you are likely to earn. Likewise, if you fill out longer surveys, you can earn more money.
Filling out surveys is a simple and effective way of earning money on the go. You could do it from your sofa, while working from home, or during your morning commute on the train.
Dropshipping business
Dropshipping is an order fulfilment job, which involves you storing goods for a business and sending them off when they sell. This is a successful way to earn extra income if you have space in the house.
You can often earn a wage or commission, it will all depend on the company. The more shipping services you offer and the more space you have to stock goods, the more money you can make.