These days there are many ways to make a bit of extra money on the side, even if you're short on spare time. If you would like to increase your income (and who wouldn't?) the first step is to think about the skills and advantages you already have.
Everyone has something to offer, and the new opportunities provided by the sharing economy mean it's simpler than ever to cash in.
You'd be amazed at what a quick clean-out of your cupboards and storage spaces can reveal. Last year's clothes, used electronics and even old chargers can yield a bit of extra cash online if you market them effectively. Our tips? Take clear, well-lit photos of your merchandise and do a quick price check on similar items before posting them online.
2. Pick up some extra work on Airtasker
Signing up for Airtasker is free, fast and simple. The service is a great way to introduce yourself to the sharing economy and makes it easy to search for and pick up extra jobs in your free time. Tasks include gardening, handyman jobs and digital projects that can be completed in person or online.
Finder survey: Which of these would Australians consider using to generate additional income?
Response
High interest savings account
64.84%
Term deposit
42.03%
Shares/stocks
38.94%
Exchange-traded fund
16.24%
Other
11.35%
Source: Finder survey by Pure Profile of 1004 Australians, December 2023
3. List your car with a car sharing service
If you don't use your car everyday, car sharing services like Car Next Door and DriveMyCar offer an innovative way for car owners to rent out and capitalise on their vehicle when it's not being used. It's a safe and insured service.
4. Consider tutoring
Everybody has a skill or knowledge about a particular area that they can market. Maybe you're an awesome cook, or you know a particular software program inside out. Whatever your skills are, advertise yourself as an instructor in your local area, online or even try your hand at creating your own online course through Open Learning or Teachable.
Stephanie Panecasio was a writer with Finder, writing news and feature pieces. Before joining Finder, she worked with the seven network in a social media role and interned at various media companies including The Hype, Mashable and Signature Media. Stephanie has a Bachelor of Communication and Media Studies from the University of Wollongong.
Millions of Australians are working more to try and ease financial stress, according to new research by Finder, Australia’s most visited comparison site.
Our team of 12 finance experts love the stuff that you don't (super, insurance, banking, debt management, you name it!) - and have put together a list of 20 things you can do right now to take control of your finances.
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