Now that I’m posting my investment and side income updates monthly, I’ve been looking at ways to generate additional passive or side income. For those of us living frugal lifestyles with a goal of financial freedom or debt repayment, we know that cutting expenses can only take us so far. Once you’ve cut unnecessary expenses from your budget and simpliduced your lifestyle as much as possible you may start looking for ways to grow your income stream.
Enter the side hustle.
Whether you are selling your old baseball card collection on Craigslist or walking dogs in your neighborhood, the side hustle lets you bring in a little extra cash to put towards your financial goals.
If you are looking for some extra cash, here are some side hustles to consider.
Bestmark: This is a mystery shopper service that looks to pair businesses with shoppers to evaluate their staff and stores in order to increase customer satisfaction. You can fill out an application at Bestmark and if you are approved, they will send you emails when a shopping opportunity comes up in your area. You can make $7 to $25 per shop. The shop itself usually takes under an hour and then you report your feedback online afterwards. The type of mystery shops available will vary depending on your location. Since I’m in a more rural area, the only thing that has been available for me has been service visits to car dealerships. I would need to have the desired make of car for the visit and so far, my make of car has not come up.
Bottom line: My understanding is that Bestmark is a reputable company that offers the opportunity to make some extra cash while “shopping”.
Gigwalk: This is an app for your iPhone or Android which finds “gigs” in nearby locations. Again, you will have the most opportunities if you are located in or near a major metro area. The gigs generally require taking inside and outside photos of businesses for restaurant or shopping guides. For this, the payout is generally $2 to $15.
Bottom line: If you have an iPhone or Android, Gigwalk would be best for picking up a few extra bucks on your way to work or on a lunch break.
uTest: If you think it would be fun to test out new apps and try to find bugs in them, you might be interested in signing up with uTest. The company pays you to test new apps and software on your own time. There is a support forum for testers, so you can learn as you go. You could get paid $20 for testing with $4 to $8 more per bug you find.
Bottom line: For the technically savvy among us, uTest can be a fun way to earn some extra cash.
eJury: I think this one is pretty cool. eJury allows attorneys to ask for feedback on their cases from virtual jurors, before actually going to trial. When you sign up, you become one of those virtual jurors and will be sent cases from attorneys in your local area depending on your demographic details. The pay out is usually $5 or $10 for reading over the case and providing input. I signed up a while back, but have yet to be selected as an eJuror :(. Once again, my rural location is an impediment to finding side hustles.
Bottom line: You can review actual cases from attorneys and give them your feedback, while making some extra cash.
Sell stuff on Ebay or Craigslist: When all else fails, head to the attic for some spring cleaning. You’d be surprised at what people will pay for your old trash, um, I mean your vintage treasures. I sell my son’s old clothing and toys this way plus other stuff we don’t need anymore. There are plenty of people who make money by buying items at garage sales and re-selling for a profit on eBay. You just need to know what you’re looking for. Derek at Money Ahoy seems to do a pretty good job with this.
Bottom line: Everybody who’s anybody is selling stuff on eBay and Craigslist. What are you waiting for?
Rattlesnake Wrangler: My personal favorite, and let’s face it, the reason you are reading this post. You definitely need to be in the right location and perhaps be a few cards shy of a full deck (though I’m not judging), but you can make some serious cash rounding up rattlesnakes and selling them at a Rattlesnake Round-Up. The largest Round-Up is in Sweetwater, Texas. Here you can sell your snared serpent carcasses for $9 to $13 a pound! With some snakes weighing up to 5 pounds that’s good money! Plus, the event is billed as “fun for the whole family” and you can enjoy some fried rattlesnake meat.
Bottom line: If you are looking for an atypical side hustle, try Rattlesnake Wrangling. And if you do, make sure to come back here with a full report.
What are your favorite ways to earn extra income?
Photo courtesy of Rick Budai/ Freedigitalphotos.net