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10 Ways to Earn Money on The Side – Part 2

10 Ways to Earn Money on The Side – Part 2

Become a Homestay Host/Rent Out a Spare Room in Your House

If you have a spare room in your house and don’t mind losing your privacy to some extent, becoming a homestay host can be a great way to meet people from other countries and give them an unforgettable and authentic travel experience AND earn extra money at the same time. Being a host to an international student can bring you as much as $250 per week – but it comes with potentially higher water and power bills, having to cook for more people and some loss of privacy.

Get Weird For Five Dollars

Are you good at song writing and singing? Are you a great artist? Have top-notch programming skills? On Fiverr.com, “the world’s largest marketplace for small services,” you can transform your cool skills or talents into cool cash. All you need to do is create a listing with the skill that you are willing to offer, set a price – starting from $5USD and up – and work on finding clients.

Engage in Market Research

This is an opportunity to speak out AND get rewarded for your opinions – not necessarily with cash, but with FlyBuy points, prize draws and other incentives. Some of the market research websites to take into consideration are www.colmarbrunton.co.nz, www.consumerlink.co.nz, and if you are 18-30 years old – www.yousay.co.nz.

Start a Blog

It will take time for your audience to find you, but if you are really passionate about the things you blog about – be it travelling, fashion, cooking, technology or current affairs – the chances of your blog being successful are high! Just find your unique niche, stick to your guns, and eventually it might start bringing in money. To monetize your blog, think banner advertising and affiliate programmes. Once your audience starts building up, check with your favourite retailers (appropriate for your blog theme) if they would be willing to advertise with you. AdSense by Google is another great way to monetize your website – but check if your content is compliant with their programme policies first.

Have a YouTube Channel

It can be a bit harder to earn money on YouTube – that is, unless you create a video that gets tens of thousands of views. To be able to earn revenue, you need to have a video that has at least 10,000 of views and a channel with a certain minimum number of subscribers. Once you qualify, you will get paid in the CPM (cost-per-thousand views) format – roughly from $0.50 to $5.00USD per thousand views on your videos. Some of the top channels reportedly earn in excess of $100,000 per year!

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Disclaimer: The above information is general in nature and not intended to be advice. You should consider seeking professional advice before following any suggestions in this blog/website.