While saving on your purchases is a crucial way of cutting your expenses and making your money go further during the cost of living crisis, there is another tactic to consider – bringing in more income. The good news is you can read all about the most effective ways to make more money in your spare in our post below.
Reselling antiques
Rummaging through yard sales, and dusty attics for a find is a task that many of us find fun. Yet, the real thrill of antiquing is the significant profit that can be made if you spot the right item, and get it at the right price.
For maximum returns on an antiquing business, you will need to buy low and sell high. This also means you will need to identify the best types of buyers that will be prepared to pay the top price. Although, the good news is reaching them is easier than it’s ever been with the range of online platforms like eBay and Etsy.
Personal training
If you love nothing more than a good workout, offering personal training in your spare time is a perfect choice. Indeed, many people will be looking for training outside of the traditional 9-5 so it can suit someone looking for spare time work very well.
You can even take a personal trainer certification online before you begin. This will make sure you are up to date with all the health and safety issues, and understand which services to offer to your clients. The great news is that these online certifications come in all sorts of specialisms, so whether your passion is yoga or teaching group boot camps, you will find what you are looking for.
Celebration biscuits
For those that love to bake, the sweet confection of choice for celebrations such as Baby showers, weddings, and parties are biscuits and cookies. Happily, that means with a little creativity and some baking chops you can make a great income in your spare time.
Of course, you will need to make sure you have the right equipment such as cookie cutters, baking trays, and icing bags and nibs. You will also need to check your state’s regulations about baking at home for a profit and make sure that you meet them before you begin selling your wares.
Online tutoring
Now you may think that the only people that can make good money from online tutoring are trained teachers. However, this is not the case. Indeed, many tutoring sites offer a range of skills and subjects in addition to the typical curriculum.
A good example of this is that if you are an artist ( in just about any media) you can make around $35-50 an hour offering 1:1 online lessons and mentoring to budding creatives.
Alternatively, if you don’t like the idea of teaching live, why not create a tutorial video for a specific skill, or project and then have it hosted behind a paywall? This means that viewers will have to pay to get access and this can add up to a significant amount of money pretty quickly!
