Recently, we published a detailed article on earning through forex trading. It is a very confusing, and very risky business. But it pays well! You can earn thousands of dollars in a minutes. But you can also lose them just as easily if you aren’t careful. Hence, it is not something for those who aren’t willing to take risks. But interested people who know the workings of stocks can do it. After all, you don’t need to work all day or something. You just need some knowledge, some motivation, and the willingness to take risks. It could definitely turn out to be a very lucrative venture for you.
Search for freelance writing and editing gigs. The rates for these jobs vary: you may be paid by the word, be offered a flat rate for a project, or in some cases can be paid an hourly rate. You typically won't be able to retain copyright over your work or collect royalties, however. Even so, by doing freelance work you can build a portfolio and make valuable connections which may later pay off with more stable job opportunities.
Being a Loan Signing Agent is a great side hustle because you can make $75 to $200 per hour-long appointment working for yourself on your own schedule. Retired people, working professionals, and students can be signing agents and earn extra cash when they want. The best part is you need nothing more than a notary commission (which can often be attained by simply filling out an application)!
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College can be a great time to learn the ins and outs of investing so you can become a smarter investor when you begin earning a full-time paycheck. If you don’t have the time to learn about investing, but want to get a head start on building a nest egg so you can retire early, Betterment is a hands-free way to earn regular dividends that can turn a $100 investment into $1 million during your lifetime.
Selling notes — If you take great notes in class — or you want to get better at taking great notes — look into StudySoup. This is a website that pays you for your class notes and study guides. The perks of this site are two-fold — by putting together great notes and study guides, you’ll be learning your course material even better, AND you can get paid to do it! If StudySoup isn’t available for your college, there’s still nothing stopping you from selling your notes to classmates directly, too.
Do you have a great idea for a product but don't know the best way to go about creating it? Well, you could submit your idea to Quirky. They'll screen your idea, and if they like it, they'll either develop it themselves or in partnership with a major brand. In the end, you'll get a cut of all the sales from the final product. For some inventors, this has only earned them $1,000s, but others have earned $100,000s through the platform.
Unlike school notes, people need notes taken for everything. For example, senior citizens and disabled persons consistently need help taking notes, and many local Heath and Human Services departments pair up note takers to people in need. If you have time and are willing to travel around town, you could earn a little side income taking notes for the needy.
If you're an artist, and consistently create paintings, drawings, computer animations, or anything else visual, you could sell your artwork online on a site like Deviant Art. Deviant Art allows users to upload images, and they can elect to sell those images as prints or even special projects like mouse pads and more. Whenever an item sells, the artist will receive 20% of the purchase price. Higher membership levels earn higher royalties.
For an instance, I had a college mate who had an amazing skill of coding, being into computer science engineering itself an experience with this field would have graced her certificate, but being in a Gurukul, we never had many opportunities to get out of the campus and apply. Hence, she began her hunt on ‘Internshala’ where after accomplishing one project they gave, she started working as a coder with a startup company and a technical writer, and she got certified for her skills and knowledge while getting paid with an average stipend as well.
Similar to investing, peer-to-peer lending is where you loan money to someone else, and they pay you back with interest. The great thing about peer-to-peer lending is that you can lend as little as $25, and your loan will get bundled into a bigger loan for the borrower. Each month, they'll pay you back principal and interest. You can snowball this initial investment into many investments because you get your principal back as well each month. Many lenders earn over 5%-7% on their investments. Check out Lending Club to get started.
Kinda like eBay IRL, clothing consignment shops are havens for the thrifty and fashion conscious. Take your old prom dresses, dress khakis, and other gently worn items and see what kind of cash you can get. (You can even bring in that new dress you've had for four years but never worn but keep saying you'll wear someday...it's time to let it go.) You typically won’t be paid until the items sell, but depending on the quality of the piece, you could earn a pretty penny. Though most consignment shops carry your favorite mall brands, you’ll also find some selling just higher-end stuff, so make sure you know what kind of merchandise the store is looking for.
Along the same lines as trivia, you can get paid for just using your mobile phone and allowing companies to know what you're doing on it. For example, Nielson Mobile Panel is an app that you can earn rewards on just for having it installed. It will take snapshots of what you're doing and use those for advertisers to know more about your demographic. It takes away some privacy, but you get paid for it.
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If you're crafty, you should consider selling your stuff on Etsy. Etsy is designed for handmade goods – including stationary, greeting cards, household crafts, and more. The great thing about creating these types of products is that you can do it in your spare time, on nights and weekends. And creating many of these products doesn't take up much space – so it can be dorm room friendly. Don't think there's much money in selling on Etsy? Well, this teenager paid for her college by selling crafts online.
Along the same lines as donating plasma, young and healthy adults could donate their sperm or eggs for money. Donating sperm doesn't command much, but it can be a small supplement to your income. On the other hand, donating your eggs could earn you anywhere from $10,000 to $15,000. However, there's work involved in the process, and it's not painless.
Take advantage of your strong typing and computer skills. If you are a fast and accurate typist, if you are great at creating interesting presentations with sophisticated graphics, or if you excel at creating tables and graphs to represent data, you may be able to get paid to teach and help other students with their assignments and hone your own skills at the same time.