More Income Source, Make More Money

So first of all, I think it’s no surprise that the more income sources you have, the more money you tend to make,  And apparently, in Side Hustle to earn money online, the average millionaire is a perfect example of this.

According to the Goodall IRS, they found that 65% of millionaires had at least three different streams of income. 45% have Four different streams of income and 29% had five or more streams of income.

Meaning, yeah, the IRS is always watching, but when they break down how and why people begin to make so much money, it’s worth listening to that you would be able to replicate some of these strategies for yourself through side hustles that you could start today that cost you absolutely nothing out of pocket.

Now I’ve seen other side hustle videos that talk about going and buying rental property or creating a million dollar N F T business in fifth grade with Microsoft Paint as if it’s like, oh yeah, I just didn’t think about creating a whale collection.

But no, really this is meant to be a realistic approach to earning up to a hundred dollars a day with the side hustle that you could start with what you already have.

So without further ado, here are my top free side hustles and income sources that you could begin working on immediately.

All right, so for the first one, we’re gonna be going over the most basic of side hustles, and that would be selling your kidney for beer money. Just kidding. I had to throw it in there to make sure that you’re actually paying attention.

First Side Hustle To Earn money in 2023

But instead, the first Side Hustle to earn money online is selling what you already own on. Facebook, eBay, or Craigslist. Now I get it. This requires you to actually own something, to begin with, but I would venture to say that almost all of us have something in our possession that we don’t really use anymore, weren’t sitting in a closet collecting dust.

And if that’s the case, those are the perfect items to begin selling for cash. Places like eBay, Facebook, marketplace, and Craigslist make it extremely easy to list whatever you.

Place it up for auction, have the buyer cover shipping, and your total time commitment is simply taking pictures of what you wanna list, putting it up online, writing a description, and then shipping it out.

What’s sold? In the worst case, even if it doesn’t sell, you’re out. Nothing, and you still get to keep what you have. Now, the downside though, is that it’s not a stable income source, and there’s a limit to how much you’re able to sell before you’re living in an apartment that’s completely empty with a mattress on.

But at the very least, it’s a great place to start. You’ll get paid for stuff that you already have. You’ll clear out a lot of clutter and make room for more activities, and it’s something that probably 90% of you are able to do immediately.

That costs you absolutely nothing. Second, we should talk about something that I used to do all the time when I had a term called free time.

I don’t know what that word means anymore, but back when I had that magical word, I would sign up for focus groups and make anywhere from $5 to $500 for a few minutes to a few hours worths of work in my spare time. Now, for anyone who’s not familiar with what this is or how this works, here you go.

Companies want your opinion on their upcoming projects or services so that when they go to market, they better understand what the customer.

So they hire focus groups to get an unbiased opinion on what they have to offer, and then they can make adjustments accordingly.

The pay ranges for how long it takes, whether it’s online or in person, or how niche of a demographic they need.

But most of the time if you have nothing else going on, you may as well do this and make some extra money. When I was doing this, I signed up for a company called Focus Point Global, which was I guess later acquired by the Schlesinger Group, and they would email me a few times a week with different offers that were met for my age bracket.

Not all of them panned out, but I was able to consistently get anywhere from one to three every single month. I would schedule them during times that I knew I was gonna be free, and then I would show up, give my feedback, and then right afterward I would get paid.

Now, this certainly isn’t meant to replace your income or anything, like you’re not gonna see Jeff Bezos signing up for one of these, but if you wanna make an extra 100 to $600 a month working a few extra hours, I would highly recommend it.

A slashing group could be a good choice, or you could pretty much just Google focus groups in your area, and I’m sure you’d be able to come up with some really good ones.

Third Side Hustle to earn money online in 2023

The third, let’s talk about another Side Hustle to earn money online that anyone could do, and that would be flipping items for free online. Now, this is actually something that Gary V talked a lot about, and the more I looked into it, the more I realized that wait for a second, he’s right.

There’s a lot of great stuff out there that people are giving away for free. For example, go to Craigslist and under the for sale section, there’s something that has my favorite word listed there.

Yeah, it’s free. Seriously, just look at all the free stuff out there, and if you want a $0 side hustle you can make a decent amount of it.

This is it right here. Of course, I know people are gonna be some negative Nancys about it, and they’re gonna say, but Graham, all of that stuff is just junk and nobody wants what? A waste of tan.

And yes, some of it might not be the best, uh, like this rock or a five-foot. Extension cord. But if you keep looking, here’s a working refrigerator for free.

No jokes. Someone will pay a hundred dollars for this with the proper advertising and not a blurry picture. Go and pick this up, put it on Facebook, a marketplace with better pictures, and then sell it to someone else for a profit.

Or here’s a working piano that someone else might pay you for. And yeah, there’s also a lot of random stuff on here that you’re gonna have to sift through.

But come on, it’s not like people are gonna be giving. Steinway Pianos and Restoration Hardware. Furniture, most of what you see is gonna be a diamond in the rough, and it’s up to you to know what to look for and how to best market and sell it online.

It was always thought, just be careful meeting anybody from the internet because someone on YouTube told you to do something like this.

4th Side Hustle to earn money online

All right, so after you got your meal taken care of, I’m gonna talk about something that probably a lot of people are not happy to hear me say, but if you’re looking for a side hustle, probably the best thing that you could do is get a part-time job.

Honestly, I’m kind of surprised how complicated people want to make things out to be, because traditionally if you wanna earn extra money, part-time work is usually the first thing that comes. It doesn’t need to be glamorous.

It doesn’t have to pay you an exorbitant amount, but if you’re willing to help out a local business, do some work for somebody else, or work outside normal business hours, see what options are in your area.

Check out Craigslist, LinkedIn monster.com, or any other job posting websites you could even ask around as you go about your normal day to see us, hiring, and in the middle of a labor shortage.

Chances are you have way more leverage than you think you do. I know for a fact that so many companies are looking to hire additional customer service representatives from home.

They’re looking for data entry positions or literally anything else that you could do from home. Meaning you don’t have to leave the house to do this.

But regardless, there’s no shame and honest work. And if you’re looking to earn extra money, this is one of these. Simplest ways to do it. Even if you work a full-time job, there’s still the opportunity to work on weekends, evening hours, or really any other time that you have off.

Next, number five

Come on. We can’t talk about side hustles without mentioning my favorite one of all time that I still do to this day, and that would be churning credit cards.

This is the practice in which you sign up for a new credit card, and then you meet the minimum spend to get the signup bonus.

Generally, these offers range anywhere from hundred $300 on the low end to as high as $2,000 on the high end for some of the luxury credits. But regardless, doing this takes next to no time at all, in the long term.

It helps your credit score and uh, hey, who doesn’t love getting some free stuff? Of course, I know what some people might say, but Graham, you said that other of these were gonna cost-free.

And to get a credit card, and sign a bonus, you have to technically spend money. You know what, uh, you’re right. This is gonna require that you spend.

But most likely you’re spending money anyway. So instead of spending money on your normal credit or debit card, just put the spending on the new credit card instead to get the signup bonus.

That way you don’t need to do anything extra beyond what you’re already doing. So the problem is solved.

Now, if you want a few quick examples here, the Bank of America Cash Awards card is gonna give you $200 cash back when you spend a thousand dollars in the first 90. And honestly, it’s a great card to keep long-term with no annual fee.

No, even better than that, it’s the Chase Freedom Flex, which gives you the same $200 cash back, but you only need to spend $500 in the first three months to get the bonus and the reward structure is amazing.

Or the Wells Fargo active cash credit card that just came out, it’s brand new and they will give you $200 when you spend a thousand dollars in the first three.

All with no annual fee and 0% APR for the first 15 months and the Amex Blue Cash Awards card will give you another $200 back when you spend $2,000 in the first six months, again with no annual fee.

So just right there, that’s $800 worth of rewards without spending any additional money with no annual fees.

All for about 20 minutes worth of worth. If you wanna learn more about how to do this, just Google the term credit card churning, or check out the YouTube channels, and ask Sebi and the credit Shiff, who tend to post the newest credit card offers shortly after they come out.  Also, nerd Wallet and the Points Guy are great resources that I use all the time.

So between all of those, you should have it covered. As I mentioned, this is still something that I do myself.

In fact, they just booked a vacation to Hawaii over Thanksgiving, and the entire trip from Air Fair to Hotels was completely free.

Now doing this is certainly not a full-time job or anything, but for something that you could do for free on a lunch break, the ROI is absolutely incredible.

Number six Side Hustle to earn money online

After that, we got to number six. That would be monetizing any monetizing. A skill that you have, and if that sounds confusing, it’s really not.

I just made it sound way more complicated than it needs to be. But if you’re good at something or you have any sort of teachable skill, like actually getting the first comment on one of my videos, then you could turn that into a profitable side business.

For example, if you’re a good piano player, look into giving piano lessons or if you’re good at math, Consider math tutoring.

If you’re good at writing, offer to help them out on their websites, sales scripts, emails, or anything else that they might need help with.

Or if you’re good at art, consider making them into NFTs and selling them on open seas because you could make a lot of money like, uh, a 12-year-old who made $400,000.

If you’re good at something. anything. Chances are someone else is out there who’s in need of your services and is willing to pay you for your help.

Now, unfortunately, this is really not something I could give you specific instructions on because it really just depends on what you’re good at.

But for me, I used to take on consulting work and teach other people how to grow their businesses as real estate agents or find certain deals as real estate investors.

I personally don’t do these consulting calls too often anymore, but it’s a great side business to do and you could slowly scale it up over time.

Number Seven And Last

Best Side Hustle to earn money online in 2023

Anyway, find your monetizable. See what you’re good at, and then charge appropriately for that service. And lastly, I know it’s the most stereotypical thing ever, but I would be bad if I did not mention this, and that would be making YouTube videos.

Now I know it’s not easy to make money on YouTube. It takes a lot of work, and if you just wanna make money as fast as possible, you’re probably better off just working.

Any other job, because I’ll be the first to tell you it’ll take some time to make money. You’re gonna be spending a lot of time creating a ton of free videos without getting anything in return while people tell you how much your content sucks in the very beginning.

But if you enjoy making YouTube videos and you have something to share, you could absolutely turn this into a profitable side hustle without spending.

And that’s all from side work that they’ve been building up for a few years. Just keep in mind, this is not something to do. If you wanna make money as fast as possible, this should ideally be something that you would want to do for free. But if this is your passion and you stick with it, you could absolutely turn it into a very profitable side hustle without any money outta pocket.