We all need a little extra cash from time-to-time, particularly if we are saving for house or planning our retirement, however, the path to doing so doesn’t have to be boring.
We discuss five creative, easy ways to make some extra money in 2018.
Become a mystery shopper
Working as a mystery shopper is an easy, flexible, part-time option for people of all ages. It simply requires would-be participants to sign up with an agency or independent company and undergo the required checks at the necessary stores.
Many of the largest and most well-known retailers are signed up to a mystery shopping programme, allowing ordinary folk to carry out an anonymous in-store analysis and evaluate their overall customer experience, gaining cash or store credits for their insights.
Start a blog
Blogging isn’t just for millennials – really, anyone can start one, so long as they have a natural flair for writing, some time to spare, and a real passion for their chosen subject. Blog-writing can, therefore, prove to be a great way of making money, whilst honing ones’ creative writing skills at the same time.
Successful bloggers with large followings can earn extra cash in many ways, from sponsored post partnerships, to product giveaways, and affiliate links – the possibilities are endless and will only heighten in the future, as popular influencers continue to take over the online marketing sphere.
Freelancing is a great side hustle for those in a range of different industries, with companies all over the world needing to outsource their workloads.
For instance, a business may employ freelancers with writing experience to carry out jobs on their behalf, which could range from writing simple online reviews and testimonials, through to lengthy, full blog posts and copywriting for their website.
Simply sign up to a freelance website like Fiverr, steadily build up a solid reputation for yourself within your niche, and watch the jobs roll in!
Participate in a medical trial
This might be a little provocative, but is important nonetheless, since every single drug or medical device that reaches the market must first be tested on real people during a rigid clinical research process.
There are tonnes of well-known companies out there requiring willing participants for clinical research trials, including London Trials, Parexel, and Pfizer, to name but a few. Payment is based on the time you have given up to help with the research, and for longer trials, many will also provide free accommodation, food, and on-site activities.
Of course, all trials come with some risk attached, but these are typically very low, and there are thousands upon thousands of clinical trials taking place across the world, for all manner of reasons, at any given time.
Rent out your spare room
If you’ve got a spare room (or even a couch) going in your house, it makes financial sense to rent it out to short or long-term occupants. Likewise, if you live in a city which is popular amongst tourists, you could be sleeping on a goldmine, particularly with the mass popularity of holiday rental apps like Airbnb, Tripping, FlipKey and HomeAway, which have made earning cash on an empty space in your property easier than ever before.
If these modern money-making methods do not appeal to you, you can always stick with the traditional schemes, like investing in stocks, shares and mutual funds. FundCalibre keeps investors of all levels up-to-date with the latest investment ideas and insights.