The past few months have been hard on everybody’s wallet. Between the COVID-19 shutdowns and the loss of work, you’re looking for new ways to make money. Before you sign up for another job, try these easy ways of making money.
Invest in Real Estate
As a landlord, you collect money from tenants every month without the hassle of a fulltime job. You need to have start-up cash to pay for your investment, though. Look into the Small Business Administration’s loan programs to see if one could help you. Once you have properties to rent out, remember that you need to pay to maintain them as well. When you’re ready to sell your investment and move on, look for cash buyers real estate to make a little extra money.
Sell Your Unwanted Belongings
If you haven’t been through your attic for a few years, it’s time. Not only does this project give you some exercise and make you feel accomplished, but it also helps you see how much stuff you have. Some of it hasn’t been used in years, and there’s no reason to keep things that you don’t need. Thankfully, other people want what you have, and you can sell it to them. Take pictures of your unwanted belongings and post them to online marketplaces such as eBay and Facebook Marketplace. Contact your local consignment shop and see how much they offer for furniture and knickknacks. Before you ship or deliver any of your items, clean them thoroughly so that your customers leave good reviews.
Money is on everyone’s mind right now, and the idea of how you will pay for next month’s expenses is stressful. If you have a little cash to spare, try investing in real estate. If you need cash now, sell your old furniture and use the money to keep up with your bills.