For the ordinary wage earners, it can sometimes be disheartening to see our monthly paychecks dwindle so quickly by all the bills for various necessities that we need in life. This sometimes leaves us yearning for more, and wishing we just had a little more cash in our bank account at the end of the month.
Before knocking on the office door of your boss and demanding for a pay increase (which could end badly for you), there are some other tried-and-tested methods that we can consider first to give us the extra moo-lah.
1. Sell or rent items online
In the well-connected online era that we are in today, people are capitalising on the Internet to make a quick buck on things that they no longer need. Rummage through your room to search for anything of value that you no longer want. This could include old books, clothes, and other items. Remember, one person’s garbage could be another person’s treasure.
Next, sell it on eBay or Carousell. eBay is a website that serves as a marketplace for people worldwide while Carousell is a Smartphone version of eBay and is used much more frequently in Singapore. You can also choose to sell your bargain items to your friends by posting on Facebook.
Another unique way is to rent out them out. Renttycoons.com is Singapore’s first Peer-to-Peer (P2P) online renting portal and there are people who have made around $2,000 monthly by renting out things.
2. Become a private tutor
If you’re an expert in a certain subject at school and have the credentials to prove it (e.g. distinction grades for your A-levels), the business of private tutoring is definitely one viable option. Based on an average of $25 per hour, one student can easily earn you $200 if you are looking at weekly sessions of 2 hours each.
With plenty of online tutoring sites out there such as LearnOwly.com, it is pretty easy for you to find students that are closer to your home too. Nothing beats helping others develop their learning skills while earning additional money at the same time.
3. Offering freelance services
Taking on freelance work is becoming more common today. Similar to the previous point, if you have a set of unique skills like graphic design or copywriting, you can advertise your services on freelance sites such as freelancer.com or elance.com.
This is also a good way for beginners to build up their portfolio if they have intentions to pursue their passion fulltime in the future. Taking on freelance jobs allow you to earn a decent side income while concurrently giving you the freedom to accept only the projects that you like, and only when you have the time to do this project, which is the exact opposite of what happens in the office.
While blogging started off as an online diary, times have changed. Blogs like ieatishootipost.sg or xiaxue.blogspot.sg have become so popular that it is often the online avenues that people visit on a daily basis. Successful bloggers can make more money through their blogs compared to working fulltime.
In order to get started, you need to think of an idea, which could stem from your daily life or be something that you are passionate about. As your continue updating regularly, followers will stroll in after which you can start monetizing your blog.
Read Also: Ways To Make Money From Blogging
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