There are certain times in life when you will want some extra cash in hand. You might be struggling with debt. If that’s the case a few extra ways to make money will certainly come in handy. You will be able to get rid of your debt faster than before and make sure that it doesn’t start to drag down your finances. Alternatively, you might just be eagerly saving for a little luxury. Are you planning on taking the whole family on that trip to Disney World? If so, for a moderate vacation you’re looking at paying at least a few thousand. So, naturally, you’ll be looking for ways to earn a little more to your income. How can you do this? Well, there are a few possibilities that you should consider. The options we’ll discuss, you’ll be pleased to hear, aren’t difficult at all. Many involve simply getting a little back when you spend a lot. Let’s get started.
Use Your Old Tech Wisely
Pic Credit 3D illustration by Quince Media
What do you do with your old tech? In most cases, it’s just going to end up in a junk draw, never to be seen again. Years later you’ll find phones that look like bricks and laptops that haven’t been used in decades. If you are quickly creating a gathering of old tech, you’re also wasting money. Tech is valuable. Even old tech that is broken and no longer usable can be beneficial to certain buyers. Take your old iPhone for instance. Sell broken iPhone products online, and you might be surprised how much cash you actually get back. Will it match the cost you paid? Certainly not but that doesn’t matter because if you make any money back, you’ll still be getting a profit compared to it sitting in your drawer unused.
This is just one piece of tech that you can sell to get some of your money back. You can actually find a seller for any type of tech that you might have. Even selling it for parts online will be more profitable than simply letting it gather dust in the attic. Games are a great example of this. If you are a gamer, you’ll know there are certain games that you’ll play time and time again. These games are classics. But there are others that you want to play through once. Depending on how long it takes to complete you can sell these games quickly and get a lot of the money you paid back. By doing this, a game worth fifty will actually only cost you twenty.
Are you fond of purchasing collectables and rare pieces of merchandise? Remember, these pieces of merch aren’t rare when you purchase them. This gives you a chance to stock up. For instance, you might love your film collector’s edition box sets. These often come with statues, figurines, art books and much more. They have become common recently to offer buyers an incentive to purchase the hard copy rather than going digital. They’re not worth much the first time they are released but wait a few years or even a decade, and they can be worth a fortune. Something that you spend a couple hundred on can end up being worth a few thousand.
Most people won’t profit from these purchases because they will open the item and use it. The trick is to purchase two. Once can be opened and played with. The other can be kept in mint condition and sold for a tidy profit. If you are purchasing rare merch, always opt to buy two. You never know what might balloon in value and you’ll make a lot more than you lose this way.
Navigate Online Ecommerce
There are a variety of ways that the regular joe can sell online and make money. You sell some of that old merchandise that we’ve already talked about. Or, you can even invest in wholesale goods purely for the purpose of selling them on. If you want to make this as pain-free and easy as possible, you simply need to take advantage of the platforms that already exist for these type of sales. Of course, we’re referring to sites like eBay and even Amazon. On sites like this, anyone can sell their products.
So, how do you make sure that you are getting a lot of sales? Well, it’s all about ensuring you’re offering a quality deal. You’ll notice online that products and sellers get rated. Shops online and private sellers live and die based on these ratings. If you want to make sure that people are buying your items, work to build up that rating. On eBay this is easy. You can start by purchasing a lot of small, cheap items from big stores. It doesn’t matter what you buy. Big stores have automated ratings set up so once you purchase you’ll get a quick review boosting your profile.
Crunch The Numbers With Credit
Lastly, you might want to think about using credit cards and borrowing money to your advantage. We often think of credit cards as debt creators, but this isn’t always the case. Credit cards can actually make you money in a variety of ways. For instance, you can use a credit card for an investment that you otherwise wouldn’t be able to afford that will make it easy for you to earn extra cash. For instance, with a new computer, you can be more effective at blogging and thus earn higher profits.
Alternatively, you can simply keep an eye out for great deals on credit cards. Plenty of cards give you cash back on your purchases, money off food shops and other fantastic deals. You can compare the deals online to find the right credit card for you and make sure you get the most back. Be aware that you won’t be eligible for every credit card and typically a company will run a credit check to make sure you can afford the potential purchases.
Take this advice, and you can easily make money without even bothering to set up a secondary active income.