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3 Ways to Make Money Without an Official Job

 

Money comes and money goes. This popular saying applies to many Americans who may be living paycheck to paycheck, particularly those that may be filing for bankruptcy protection.

What if there was a way to make an income without having an actual job title or an official salary?

In this infographic, you'll learn a few ways to make a living without ever stepping foot into an office

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Online Surveys

There are several survey sites that offer monetary compensation for your opinion or information about you.

How to get started

1) Choose a reputable survey site with targeted surveys.

2) Many surveys will request a brief questionnaire before beginning.

3) Based on the site, you'll receive a form of redeemable points for your participation.

4) After completion, you can save up your points to redeem them or cash out.

The Good

-No skill required.

-No risk.

No cost on your end, aside from the Internet.

The Bad

-You might run out of surveys to do on the site.

-Survey time investments vary from 10 to 60 minutes.

-Some sites may require you to wait a certain amount of time before redemption.

-In some circumstances, you'll be required to hit a minimum point value.

 

Drop Shipping

No, that doesn't mean throwing things out of airplanes! This is you being the storefront for a line of products that are supplied to you by a manufacturer.

How to Get Started:

1) Choose a product that you believe will sell well or has a niche appeal.

2) Find a company to partner with for the behind the scenes and manufacturing of the product.(Be careful of scammers and only deal with sites you know are legitimate.

3) If you think your product will sell well in your neighborhood, set up an actual shop in town.

4) Without leaving your home, you can sell your product by setting up a virtual store on various websites.

5) Try various methods to make your business known

Possible Merchandise

-Electronics

-Collectible items

-CDs

-DVDs

-Cosmetics

-Pet or baby apparel

The Good

-No warehousing costs.

-No inventory to keep track of or concerns about running out of product.

-Never have to physically ship or handle the merchandise.

-Aside from advertising, or the cost of a website for your drop shipping, there are virtually no expenses.

The Bad

If a product is out of stock, you won't know until a customer orders the item with an expectation of delivery.

A problem in shipping could spell disaster for your reviews. Keep tabs on your partner company's policies regarding returns,shipping, or exchanges to avoid issues.

There could be scammers waiting to take advantage of your eagerness to start your business. Always research someone before you start a joint venture with him or her.

Freelance

Whether you have high expectations, are looking to have a more lenient schedule, or just trying to start a business of your own, try freelancing.

How to Get Started:

1) Look for a job that would fulfill your long-term desires as well as your short-term necessities.

2) Make sure you have a skill set that could land you jobs and is desirable.

3) Set up an emergency fund that you can fall back on should you hit a rough patch.

4) Be a people person and friendly with your clients to ensure repeat business.

5) Search job sites to find the most ample places to freelance.

The Good

-Businesses are always looking for potential freelancers and it may lead to a permanent position.

-Your work speaks for itself and employers are eager to see well-rounded individuals.

-Many online marketplaces have a karma system that, for the most part, can help reflect your ability as a hard worker.

-It's easy to get your foot in the door and start performing tasks quickly using many websites.

The Bad

-Your pay could vary based upon your portfolio, a company's need, and the market value of those in the industry, among other things.

-There is usually a delay in payment for services rendered when you're a freelancer and paychecks may not be consistent.

It'll take time out of your day to hunt for other jobs that may appeal to you and your skill set.

 

Conclusion

Whether you're freelancing, filling out surveys, or creating your own drop shipping business, you'll find that there are a plethora of ways to make money without requiring an official job. Don't be afraid to go it alone when you're in need of money and don't want to leave the comfort of your home..