As the workforce becomes more comfortable with working from home, more Australians have begun exploring new ways they can make extra cash from the comfort of their couch.
If you’ve been thinking of making extra money at home in 2022, you might be wondering where to start. So let’s take a look at some of the options available — you’ll be surprised at how easy and fun some of them are!
How to make more money at home?
Selling items online
If you need a good excuse to clean out your home, now is the time! Depending on the stuff you have lying around at home, you could be sitting on a small fortune. This could be anything from clothing to furniture to tech appliances — the options to make extra cash are endless!
There are a few popular platforms where you can sell your unwanted items, such as:
- Facebook Marketplace
Just take a photo of your goods and post it with a catchy caption to watch the wonders happen!
If you’re looking at methods of making extra money at home in 2022, you might be able to draw on your existing skillset. So if you have a particular skill, like copywriting, video editing or graphic design, freelancing is a worthy consideration. Freelancing provides freedom and flexibility regarding your rates, work hours, and client base.
If you’re unsure of what rates to charge when setting up your profile, research what freelancers with the same level of experience are charging. It’s important to find the balance between setting realistic rates while making the tasks worth the time and effort. There are a plethora of freelancer platforms that can help you find work. Airtasker, Fiverr and Freelancer are a few you could review as a starting point.
From rising property prices to plummeting savings interest rates, many Australians have begun flocking to alternative investment options, like share trading. Share trading involves buying, owning, and selling company stocks to make a profit or generate income in the form of dividends. When you own stock in a company, you can typically earn an additional return on your investment in the form of dividends you receive from the company. Note that not all businesses pay dividends however, and dividend payment is contingent on positive financial performance.
As you can imagine, this option requires significant research and is not without risk. Returns are not guaranteed, and as disclaimers state – the value of your investments may go up or down depending on market factors and the performance of companies you have invested in. It’s also worth keeping in mind that gaining income from share trading can take a number of years, so you’ll need to have funds to invest and be comfortable with parting with your investment for an extended time. However, if you do your research and invest wisely, investing in shares and trading can prove to be exceptionally profitable. Share trading is not for everyone, however. You may be more comfortable keeping any extra savings you have in a fixed interest savings account.
Were you a whiz at algebra or biology in high school? Do you enjoy sharing your knowledge with others? Then now may be the time to make extra cash from your talent! Becoming an online tutor is a great way to share your knowledge and expertise with multiple students and can be one of the more rewarding side gigs out there.
Depending on the subject you’d like to tutor, you can conduct your lessons via Zoom or other online meeting platforms. Tutoring also gives you the opportunity to work on your presentation and communication skills, which is a handy skill to have in any walk of life.
Just keep in mind that you may need to provide a certification or proof that you are qualified to tutor. So do some research into the requirements you need to pass before signing up.
For a lot of us, our pets are family, so we want to give them the best care possible. The good news for you is that many pet owners are willing to pay top dollar to make sure their furry friend is happy while they’re away.Pet sitting can involve tasks outside babysitting, like walking or grooming, so be prepared to get your hands dirty too!
Once you get into the groove of pet sitting and establish a client base, it won’t be long until you earn some loyal customers and, more importantly, a steady flow of income. Madpaws and Pawshake are both Australian focused sites that can help you offer your services to people looking for pet sitters.
Complete surveys online
Still wondering how to make more money at home? One of the easiest ways to make extra cash from the comfort of your own home is by participating in online surveys. These are typically quick, 5-10 minute surveys that ask you for your opinion on different products, lifestyle choices or services. In return, you are paid for your time.
Surveyz is a free-to-use app that allows members to earn some extra money by simply sharing their opinion. The benefit of using a free platform like Surveyz is that you can take these surveys in your own time and get paid real cash, all while never having to leave the couch! Unlike other survey apps, Surveyz pays real cash, not points or vouchers. Surveyz also encourages members to connect their bank accounts so that their de-identified spending patterns can be used to identify groups of members for research, and to share market insights. Members that connect their primary bank accounts typically receive 2-3 surveys a week.
The amount you are paid will depend on the length of surveys you participate in, though it’s worth mentioning that Surveyz pays more than most online survey platforms in Australia. So if you’d like to learn more about how Surveyz works, head to our FAQs.
Need some help getting your profile set up? Get in touch with our customer service team by sending us a message, and we’ll get back to you.