Thinking of making some extra money but have no extra time on hand? You can simply make use of your existing resources to free-up some cash!
We at GET.com look at 5 simple things you can do to make some extra cash without sacrificing more of your 'me time'!
1. Sell Things You Don't Want Anymore
We are all guilty of buying too many things and not using them. Clothes from blogshops that do not fit, that pair of shoes which mysteriously became too painful to wear after a walk in town or boxes of new mugs that we received at our annual Christmas party.
You feel it's a bit of a waste to throw it away, but you're not sure what to do with it. How about selling it? There are some people selling pre-loved luxury items as well; so if you've got a new love, how about parting with the ex while making some money in the process?
How to do it: If you haven't heard, there is a mobile application called Carousell where you can sell anything under the sky! Used-clothes, furniture, mobile phones and even shopping vouchers. You only need to download the app, register and snap a picture of the item you want to sell.
2. Put Your Money In A Fixed Deposit Account
Too scared to go into investing? We understand. While bank savings accounts are not giving the best interest rates on a global scale, you still get some money out of doing nothing, literally.
How to do it: Instead of keeping your money in a normal savings account, consider a fixed deposit account to earn higher interest, or a specialised savings account which provides higher interest if you save on a regular basis.
3. Earn Cashback From Your Credit Card
If you are already using a credit card, why not find a cashback credit card to allow you to get some rebates?
There are many types of cashback credit cards in the market. Depending on your needs, you can choose one that provides more rebates on a certain category of spending like groceries or petrol, for example.
However, if you are an all-round spender with no special needs for extra rebates on petrol or groceries, look for a card that gives you a flat amount of cashback on all spending.
How to do it: Take a look at cashback cards and pick the one that suits you most!
4. Provide Carpool Services
Do you already own a car and drive to work? How would you like the idea of providing paid trips for people who live near you to where you work as well? Not only are you not working 'extra' hours, you make better use of your existing resources!
How to do it: You can register on sharetransport.sg to offer your ride. Under new laws, the Land Transport Authority has made clear that drivers can be paid for carpooling services. However, there are some guidelines to stick to, so read them carefully before you embark on providing carpooling services.
Here are some things to consider if you're considering becoming a part-time Uber driver.
5. Set Up A Flea Market Stall
Selling old stuff you don't want at flea markets is one of the best ways to make a quick buck. Look for one that suits the category of items you are selling – pre-loved clothing, books, accessories.
How to do it: Register for a booth with flea market organisers such as fleamonster.sg or fleawhere.com. You can always rope in a friend to share the cost of the booth and have company during the day. Be ready for people to bargain, especially if you are selling old stuff. That's why you need to prepare a big quantity of items to sell in order to make some profit.
Here are 3 ways to make money out of selling your junk.
This article was originally on the GET.com blog at: 5 Ways To Make Extra Bucks In Singapore – No Work Needed!.
What do you think? Share your comments with us below!
https://sg.finance.yahoo.com/news/5-ways-extra-bucks-singapore-010322903.html
We at GET.com look at 5 simple things you can do to make some extra cash without sacrificing more of your 'me time'!
1. Sell Things You Don't Want Anymore
We are all guilty of buying too many things and not using them. Clothes from blogshops that do not fit, that pair of shoes which mysteriously became too painful to wear after a walk in town or boxes of new mugs that we received at our annual Christmas party.
You feel it's a bit of a waste to throw it away, but you're not sure what to do with it. How about selling it? There are some people selling pre-loved luxury items as well; so if you've got a new love, how about parting with the ex while making some money in the process?
How to do it: If you haven't heard, there is a mobile application called Carousell where you can sell anything under the sky! Used-clothes, furniture, mobile phones and even shopping vouchers. You only need to download the app, register and snap a picture of the item you want to sell.
2. Put Your Money In A Fixed Deposit Account
Too scared to go into investing? We understand. While bank savings accounts are not giving the best interest rates on a global scale, you still get some money out of doing nothing, literally.
How to do it: Instead of keeping your money in a normal savings account, consider a fixed deposit account to earn higher interest, or a specialised savings account which provides higher interest if you save on a regular basis.
3. Earn Cashback From Your Credit Card
If you are already using a credit card, why not find a cashback credit card to allow you to get some rebates?
There are many types of cashback credit cards in the market. Depending on your needs, you can choose one that provides more rebates on a certain category of spending like groceries or petrol, for example.
However, if you are an all-round spender with no special needs for extra rebates on petrol or groceries, look for a card that gives you a flat amount of cashback on all spending.
How to do it: Take a look at cashback cards and pick the one that suits you most!
4. Provide Carpool Services
Do you already own a car and drive to work? How would you like the idea of providing paid trips for people who live near you to where you work as well? Not only are you not working 'extra' hours, you make better use of your existing resources!
How to do it: You can register on sharetransport.sg to offer your ride. Under new laws, the Land Transport Authority has made clear that drivers can be paid for carpooling services. However, there are some guidelines to stick to, so read them carefully before you embark on providing carpooling services.
Here are some things to consider if you're considering becoming a part-time Uber driver.
5. Set Up A Flea Market Stall
Selling old stuff you don't want at flea markets is one of the best ways to make a quick buck. Look for one that suits the category of items you are selling – pre-loved clothing, books, accessories.
How to do it: Register for a booth with flea market organisers such as fleamonster.sg or fleawhere.com. You can always rope in a friend to share the cost of the booth and have company during the day. Be ready for people to bargain, especially if you are selling old stuff. That's why you need to prepare a big quantity of items to sell in order to make some profit.
Here are 3 ways to make money out of selling your junk.
This article was originally on the GET.com blog at: 5 Ways To Make Extra Bucks In Singapore – No Work Needed!.
What do you think? Share your comments with us below!
https://sg.finance.yahoo.com/news/5-ways-extra-bucks-singapore-010322903.html
Local companies who advertise there, get their stuffs cheap cheap from China and then mark up their prices high. 
