To make money, you don’t always have to spend money. There are websites that can assist you if you want to start a side business to make a regular part-time income or if you just need some quick extra cash.
Naturally, it depends on how you define “fast cash.” Investing some time is sometimes necessary to get quick money. Because of this, the ways to make money online in our resource list are listed from the biggest time commitment to the least time commitment. Because, after all, time is money.
These are the best websites to make money off of.
Fiverr
How it works: This well-known website can be useful for independent contractors. Do you have any knowledge of digital animation? You can work for someone who lacks these abilities and earn some extra money. Better yet, offer to conduct online research for someone.
Highlights: According to Dan Bochichio, a web designer and digital strategist in Albany, New York, who runs a two-person business called Bocain Designs, you can earn significant money from the website. He claims that with Fiverr, his company makes $3,000 to $5,000 every month. “I make sure my Fiverr profile and gig descriptions are well-written and convey the value of the services I’m giving in order to stay ahead of the competition. When someone contacts me, I try to respond as soon as I can and continue the conversation by posing thoughtful questions. A prompt but thoughtful response will significantly boost their likelihood of hiring you “says Bochichio.
Drawbacks: Regardless of Bochichio’s success, Fiverr got its moniker because many people used to work for $5 every task. Although it is debatable whether you should or not, many of your potential customers could be expecting affordable charges.
Time investment: Potentially large. For example, you wouldn’t be able to produce a digital animated short in 20 minutes if you were requested to. Additionally, it can take up to 14 days for your payment to arrive in your bank account after your work has been accepted. Although if you frequently sell on Fiverr, it might happen sooner.
Upwork
How it works. Upwork essentially serves as a platform for businesses and independent contractors from around the world to connect and work together on specific projects. Businesses use independent contractors for a wide range of tasks, including writing, web design, and pretty much any computer-based activity.
Highlights: The commission Upwork charges ranges from 5% to 20%. However, the more you earn, the lower the fee you pay.
Drawbacks: According to Sacha Darosa, CEO of Toronto-based digital marketing firm The Shirtless Web Guy. Upwork is well-known, therefore there is a lot of rivalry on the website. Which can be a major disadvantage for users who are new to it.
“Before I started my business in web design, I created profiles on websites such as Upwork. In the beginning it was a struggle to attract any attention from buyers on those platforms because there’s so much competition. And much of the competition was from overseas, which made it impossible for me to compete with others on price,” he says.
So Darosa lowered his prices, and for a while he was working for next to nothing. But the positive feedback made his profile look better, and Darosa began charging more.
“Although platforms like Upwork can be helpful in building a portfolio and initial client base. I am glad to be off them and on my own,” Darosa says.
Time investment: You might work for a few days or even a week, similar to Fiverr. It can take some time if you’re tasked with building someone’s website. Following the approval of your work, it may take 10 days to get payment. You could be eligible to receive weekly pay if you’re employed by someone on a regular basis.
Etsy
How it works. If you’re creative and can create unique jewelry or magnets for refrigerators, Etsy is the place to market your goods.
Highlights: Setting up a shop on the website is simple.
Drawbacks: On Etsy, there is a lot of competition. Etsy is popular. However, after you list your goods, just as with Upwork and Fiverr, you are one of many people selling goods on Etsy. It could seem a little too much to handle.
Time investment: How quickly can you produce personalized jewelry or fridge magnets? It can take a week or a few hours depending on what you manufacture or sell because you’ll work at your own pace. Typically, three days after the point of sale, you receive your money. You’ll start receiving payments on the next business day after three months on Etsy.
TaskRabbit
How it works: How quickly can you produce personalized jewelry or fridge magnets? It can take a week or a few hours depending on what you manufacture or sell because you’ll work at your own pace. Typically, three days after the point of sale, you receive your money. You’ll start receiving payments on the next business day after three months on Etsy.
Highlights: In addition to applying for jobs, you may also make a profile outlining the things you excel at so that employers may find you.
Drawbacks: As previously said, TaskRabbit has a lot of physical chores like setting up furniture. Of course, that’s a plus if that’s your thing.
Time investment: Consider several hours. These tasks often don’t take a lot of time. Payments are often accepted within 24 hours of a task being finished, and three to five days later, you may anticipate having the money in your bank account.
Merch by Amazon
How it works: T-shirt design is one of the side jobs that John Frigo, an affiliate manager for the website MySupplementStore.com, claims he occasionally performs to supplement his income. He sells on Redbubble.com in addition to other online stores including Merch by Amazon.
Highlights: Frigo claims that it’s easy to post your designs and receive payment. Graphic designers can upload T-shirt designs, and after that, the process is essentially passive. They receive a royalty for each design that sells, but they don’t have to deal with returns, provide customer care, or ship anything, according to Frigo.
Drawbacks: You’re unlikely to become wealthy. For example, Merch by Amazon provides samples of royalty rates, and the royalty for a T-shirt that sells for $15.99 is $2.21. However, once the difficult part—designing the piece—is finished, it’s simple money. That is, if someone purchases your T-shirt.
Time investment: Let’s say a couple of hours. Maybe you’re an artist who can whip up designs quickly. You may take weeks. However, logic would indicate that you set aside a few hours for most folks. As for when you’ll see your money, if you’re doing well selling your things, you might get paid once a month.
Neighbor
How it works: Do you have a lot of storage space in your home? Perhaps an unused garage or storage shed? These units might be rented out on Neighbor.com, which is similar to Airbnb for the self-storage market. You establish your own prices, and the person who hires your space pays a service charge to Neighbor.com.
Highlights: You are paid by direct deposit or by a debit card at the end of the month. When you use Neighbor.com, some modest costs are deducted from your payment (a processing fee of 4.9% of the total reservation + 30 cents every payout).
Drawbacks: There aren’t many of them. However, if you need to use your storage space unexpectedly, you must give your renter 30 days’ notice to pick up their belongings. You’ll have to pay a $60 termination fee if you don’t give them enough notice.
Time investment: Allow at least a couple of hours to prepare to store someone else’s belongings, which may include cleaning. After about 30 days of supplying storage, you will be paid.