In these crazy financial times (at the time of writing, the RBA has just lifted interest rates by another 25 basis points) we’re looking for easy ways to earn a bit of extra cash – and these simple side-hustles totally fit the bill.
Turn your hobby into a hustle
Love making things? Whether it’s cakes, cards, crochet or candles, every hobby can be turned into a side hustle with a bit of dedication. You could sell prints of photos you’ve taken, set up a market stall with your craft creations or even make an online course about something you’re an expert in.
Almost all of us are holding onto items of clothing that we just don’t wear anymore. Instead of hanging in your closet gathering dust, wouldn’t you rather send them to a more loving home – and earn some cash while you’re at it? The age of smartphones means it’s never been easier to sell your unwanted items – just take these online marketplaces (plus a few IRL options).
Flip/repurpose old furniture
Much like that forgotten jacket that’s hanging in your wardrobe, there are probably some unwanted furniture items lying around your home. Whether they’re looking a little tired or they’re simply not your style anymore, give them a quick polish (or a total revamp) and sell them on Facebook Marketplace or Gumtree for cold, hard cash. What’s that saying about ‘one man’s trash…’?
Housesit/pet sit/plant sit
Now that international travel is firmly back on the agenda, there will be plenty of people heading off on long trips to escape the Aussie winter. Why not advertise your services as a house, pet or plant sitter? These jobs can be as low (watering plants once a week) or high commitment (moving into their house to look after their pets) as you want them to be – of course, the higher the commitment, the more cash you’ll be paid.
Complete surveys online
This is a super easy way to earn extra income without leaving the couch. While you won’t earn a small fortune (we love this article for an honest first-person account of the online survey experience) it’s a quick, low-effort way to pick up a bit of extra cash for weekend fun or even just a takeaway coffee.
Be a driver
You’re already the CEO of Mum/Dad’s Taxi Pty Ltd, so why not actually get paid for your time in the car? Ride-share services like Uber and DiDi are always looking for extra drivers – but, if you don’t want to transport passengers, you can totally deliver food with Uber Eats, Deliveroo and Menulog, too. You could also deliver packages, newsletters/magazines or products for local businesses if you do a quick Google or ask around town.
Do admin tasks
Even if you haven’t undergone any formal training, chances are, you possess a skill that other people will pay you for. Maybe you’re a whiz with an Excel spreadsheet, or you love curating a beautiful Instagram feed? Head to websites like Fiverr and Upwork to see the job call-outs that are constantly being posted – you’re sure to find a great fit.
Do handy tasks
Better with manual labour? Apps like Airtasker are better for those looking for an extra set of hands – or sometimes, an extra set of hands with a bigger car boot than they have. You could help people pick up large items of furniture, walk or wash their pets, remove rubbish or help someone build flatpack furniture. The world is your oyster.
Everyone loves the thought of earning passive income through stocks or cryptocurrency, but very few of us know how to do it. It takes time, skill and practice to make it work for you. Spend time learning about the stock market, cryptocurrency or even the property market (if you have more spare cash or equity to invest) and see if you can use it to supplement your income.