In need of a little bit more cash each month, and spend a lot of time on your smartphone? With apps and services almost able to do as much (if not more) than many different computers and software nowadays, there are a ton of different money-making methods that you can access in the palm of your hands. To help give you some inspiration, we’ve compiled a short list of ideas and tips that you might want to try out!
Selling Your Old Stuff
Got a lot of clutter in your home that you no longer need, or clothes in your wardrobe that you don’t have a use for anymore? Using a range of different online platforms, from eBay, to Depop, and even Facebook’s new marketplace feature, it’s easier than ever to kill two birds with one stone, clearing out the stuff you don’t need while making some money in the process. Simply create an account, take some pictures of what you want to flog, and go from there!
Investing
If you want to invest some of the money that you have saved away but don’t know where to start, there are again a ton of different smartphone apps that you can download and start learning from. One great example is an app called MoneyBox, which rounds up money you spend through your smartphone on small, daily purchases (such as the daily train fare or your morning coffee) and micro-invests it into a range of different pre-chosen stocks and shares while you get on with your day. These sorts of hands-off strategies that operate on your behalf are perfect for those that have a busy schedule.
If you want to look into something a bit more substantial, and have the right amount of funding necessary, you can also access a wealth of other investment knowledge and information directly from your phone. RWinvest, for example, an award-winning UK property investment company, provide a ton of podcasts, guides and videos that can be easily accessed and downloaded wherever you are.
Pursuing A Side Hustle
Have you got a passion or hobby that you love to do on the outside of your typical 9-5? Why not try to see if there are any ways to monetise this skill, and make money from it while enjoying it? From writing, to illustration, to even tutoring and translating, there are a ton of different ways to formulate and build up your own side business/hustle.
Think about how you might be able to market what you’re good at, take a look at some of the existing competition and see what they’re doing right/what you could improve, and go from there. In terms of platforms to set yourself up on, UpWork, Freelancer and Fiverr are some key examples! Again, many of these different platforms have smartphone apps available, so you can work on the go and remotely.
Tip – Want to set yourself up professionally online, and connect with some like-minded people perhaps in order to find future work? As well as the normal social media apps that you might use personally, you should invest some time in creating a work-orientated profile on LinkedIn, andseeking out the sorts of people that inspire you, and that you can learn from. It’s social media, but it’s a much better use of your time than scrolling through memes.
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