Want to make money when people buy the products that you recommend? Affiliate marketing may be your bag. This option allows you to make a small passive income.
“You can offer pet-sitting or dog-walking services to busy pet owners in your neighbourhood. This is a great option for animal lovers and can be a fun way to earn some extra cash.”
You could become a resident landlord, or a “live-in landlord”. Of course, you need to make sure that you comply with all of the government-issued regulations first.
Okay, perhaps you don’t have a spare room to rent out. But you might have a parking space you don’t use or even a storage space. You could monetise either of these.
If your job offers extra pay for overtime or working on weekends, consider taking advantage of these opportunities to boost your income.
One way to create a passive income stream is by investing in dividend-paying stocks or mutual fund
Did you know you can get money back from switching your bank account?there are banks which pay you to open an account. While this process can be admin-heavy, getting some free money is worth the time and energy you spend on it.
You can also consider creating a YouTube channel, TikTok or Instagram page, or blog and monetising it through advertising, sponsorships, and affiliate marketing.
Is your house filled with CDs, games, and DVDs you never play? If so, now is the time to sell them and boost your income
If you have a specific skill or knowledge that others would be willing to pay for, consider creating digital products such as e-books, online courses, or templates.