A few months away from the end of the year, it’s time to organize your finances and make plans for the year ahead. The current context of inflation and rising interest rates indicates a loss of purchasing power, so it’s best to think of ways to increase your income.
You can always ask your employer for a salary review. However, there are more alternatives to earn some extra money in the near future. Analyze its characteristics and look at the market and think: what could be an idea to make some money?
1. Explain or workshops
Have you always been a good student? Are you a specialist, do you master a discipline or subject? Do you play a musical instrument? Do your friends always praise your cooking? These valences can lead to a part-time job without much effort. Watch your level and promote your services online. If customers are satisfied, the work can take months or even years. Who knows, you might discover a new source of income.
2. Sell what you don’t use
Selling clothes and accessories you no longer use, or even decorative items, furniture, or books, can be a great way to earn some extra cash. Organize a garage sale, if you have one, at your home, or go to a market for that purpose. You can also use digital platforms for this.
3. Takeaway
If you enjoy cooking and your dishes are always to everyone’s taste, dining out can be an easy and fun way to earn some extra cash.
Today, social networks can help you promote any business and reach more and more people. And when the first customers arrive, word of mouth is enough for subsequent orders.
4. Join mobility platforms
Using your car to work in your spare time can be a good idea for extra income. TVDE platforms like Uber or Bolt are always looking for new partners.
The same goes for delivery platforms such as Uber Eats, Glovo, Bolt Food, among others.
5. Walking dogs
If you love animals, this is an opportunity to make money without much effort. Running dogs can help you earn some extra cash. Start making connections with your neighbors and walk a few neighborhood dogs little by little.
6. DIY
If you’ve always enjoyed assembling your furniture and doing small projects at home, these features can be put to good use to make money. Platforms like the Portuguese Zaask allow us to offer services and wait for contacts to come in via email.
7. Resale Products
The sale of cosmetics and household items by catalog is nothing new and continues to guarantee an additional income for those who spend some time on it. So you can try to find a brand with potential and sell it to friends and family.
You can also create an online store or social media page to reach more customers. In this case, do not forget to count the shipping costs to maintain a profit margin.
8. Rent out a room to students
If you have one or more spare rooms and live in a city with higher education institutions, you can always open your doors to displaced students and earn extra income.
Provide all necessary conditions, including a good internet network and sufficient privacy for you and your guests. And do not forget to arrange all necessary tax matters so that you can issue the respective receipt.
9. Writing books
If you like to write and you think you write well, but you would rather not have your name on the cover of the book, you can always choose ghost writing, that is, writing on behalf of someone. To do this, organize your portfolio and find a publisher to offer your services.
10. Invest
One idea to make more money is to take advantage of the rise in interest rates to invest your money in savings bonds or well-earned deposits.
If you are interested in the capital market, you can invest in a basket of stocks that will give you some returns. Also consider mutual funds. It is important to diversify your investments and select companies from different sectors to minimize potential losses. Adjust the risk to your investor profile.
Source: DN
