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To learn more about how to make easy money, we got in touch with personal finance expert and creator of Making Sense of Cents, Michelle Schroeder-Gardner. She was kind enough to have a chat with Bored Panda and share her thoughts on this topic.
"There are definitely ways to make money that feel easy, but they usually come after putting in some effort upfront," Michelle says. "For example, I’ve done surveys (these are nice to do while sitting on your couch watching TV), sold used clothes (on eBay, to thrift stores, and more), and rented out my stuff, and those were pretty simple ways to make extra money."
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Edit: Tried to tell him just needed to be unmuted. Wouldn't have any of that and had me come over to "Just do it". He also refused my refusal of the money.
"One easy way I've made money was participating in a focus group where I got paid $400 for just one hour of my time!" the expert continued. "These opportunities do exist if you know where to look. However, if you’re looking for long-term income, nothing is truly 'easy' without at least some work. Blogging, for example, now earns me a full-time income, but it took years of effort to get there."
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That's not the best part, though. I delivered it to this chick's house, hauled it downstairs for her and hauled off her broken one cause I'm a nice guy, she tipped me $20. Spend $15 on parts to repair that dryer, sold dryer a few days later to a guy who gave me two old washers and a dryer AND $80.
Now my garage is full of f*****g appliances and I've got people constantly wanting to give me broken appliances or buy working ones from me, and I can't keep up. All I wanted was some beer money... :(.
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We also asked Michelle if she had any advice for people who want to make a little extra money without putting in too much effort. "You can try to look for things you’re already doing that can be monetized," she shared. "Selling items you no longer need, using cashback and rewards programs (for example, I like to use Fetch Rewards for all of my grocery receipts and Upside for my gas purchases), and doing short online gigs (like answering surveys) can be great ways to start."
"Another low-effort option is renting out things you own, such as a parking space, a car, an RV, or even baby gear," the expert added. "These types of side hustles don’t require a major time investment and can still bring in extra income."
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Suckers. My mom was the one who did all the work anyway.
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We also asked Michelle what the best course of action is when you find yourself with some extra cash you didn't expect. "It depends on your financial goals. If you have high-interest debt, paying that off first is usually the best move so that you can finally get rid of them," she told Bored Panda. "If you’re financially stable, putting extra money into savings or investments can help it grow over time."
"That said, I think it’s okay to enjoy some of it!" Michelle added. "For me, when I first started making extra money, I put it all towards my student loans. Because of that, I was able to pay off my $40,000 in student loans in just 7 months. Definitely the best decision for me."
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He couldnt drive yet, and my uncle was like take him and pick him up, a cab was 60 so for an entire semester 4 times a week, 50 bucks a day. So great.
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He said he'd pay me $300 to do the assignment for him and I thought he was joking. So I threw together a nice little Ottawa Senators trivia game and made the GUI pretty using the team colours and logos. This took about 3 hours including lunch.
I send him the project files and what do you know, he shows up the next day and hands me $300.
Finally, Michelle shared, "Making extra money doesn’t have to be complicated or overwhelming. Start small, try different things, and see what works best for you. What feels easy for one person might not be for another, so experiment with different side hustles until you find the right fit."
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So I did it. For like 150EUR, 10EUR per slide. Took me about 2 hours in all.
What's funny is that he didn't need to do this at all. The presentation was in English. All his clients in India would understand English perfectly.
Whatever, corporates.
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Anyways I had completely forgot about them until I read about the bitcoin market crashing again, around April of this year. I thought "Oh well, there goes my money". I checked to see how worthless they were only to find out they roughly were, and still are, worth about 40-fold what I paid for them!
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2 hours later I had driven from the East Village to Upper EAst like 4 or 5 times, and made about $300.
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Hourly wage at that rate: $28,800/hour
Yearly Salary at that rate: $57,600,000.