Does money grow on trees

       

Caroline Short

Money doesn't grow on trees. We've all heard this saying before. The first time we hear it, we're usually young, maybe seven or eight years old, and we see a toy in a store that we really want; we rush up to our parents, tug on their shirt and shove the new toy in their face, begging for them to buy it for us. Some parents give in and buy the toy, but after one too many new toy requests, we all hear the inevitable, "Money doesn't grow on trees, you know!" We sulk back to the aisle we found the toy, chuck it on a shelf and, if we have attitude, mumble, "Yeah it does...money's made from paper and paper's made from trees." The whole point of this saying is to teach us that money isn't free; if we want something, we need to work for it and work hard. But what if that wasn't true? Well unfortuatley unless a lottery win is in the offing or you have some very rich relatives who are close to the pearly gates then work is your only avenue. However this guide will explore some alternative ways to make cash that might be useful to top up your income and avoid payday loans.

Become a driver for a ride-sharing service

If you have a car and are looking for a way to make money that doesn't require much physical effort, why not become a professional driver? The past few years has seen a sharp increase in ride-sharing apps, as it has become the most popular way for people to get around. Public transportation and taxis are no longer the only option for vehicle-less people who need to get to the airport, go shopping or get home after a long night out. Ride-sharing has become popular because people can order a ride at the touch of a button and, especially in larger cities, drivers are usually only a few minutes away. As a driver, all you need is a car and a valid driver's license to apply. While this money-making option can be time-consuming, it can really pay off.

Resell hidden gems online

Have you ever dreamt about making cash from the comfort of your own home? With this money-making option, you can do just that. By selling items on online auction websites, you can make incredible amounts of money- if you sell the right things. Many people think that just by selling their old clothes or the junk lying around their room, they'll make big bucks online.



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However, this is not the case. In order to make money, you need to be selling things that people want. A great place to look for these items is at garage sales and thrift stores, where many people sell valuable items for cheap because they don't realize the items' worth. You can also buy hot items, like concert tickets, when they go on sale and resell them later when people want to buy them but they're sold out on the official websites.

If you can find and resell items that are heavily sought after, that's when you'll hit the jackpot. After you've found these items, posting an ad would only take a minute or two and then you can sit back and watch while the bids roll in. Here are some ideas of popular items to sell that would help you rake in the big bucks:

  • Collectibles
  • Antique chinaware
  • Designer clothes and accessories
  • Signed sports memorabilia
  • Concert tickets
  • Mobile phones and gadgets
  • Rare video games

Freelance

A great way to make money online is to offer your services. Maybe you're a talented writer, singer or artist- you can use any of these skills to make money easily and quickly. You don't have to be a professional to be talented. There are several freelancing websites that offer sellers a platform to advertise any of their freelance services, which range from anything from songwriting to graphic design to ghostwriting novels. The options are endless when it comes to freelancing! Although online freelancing websites typically take a percentage of your earnings, if you can grow your clientele, this will hardly matter. The great thing about freelancing is, if you already have some kind of talent, you don't need to go through any training or preparation. All you do is log into a freelancing website, make a profile and post a gig. The buyers will come to you!



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In demand and collectibles

Classic films carry hefty price tags. At first glance, this may seem confusing and ominous. But it's actually one of the best kept secrets to making quick and easy cash. For some reason, studios only re-release some classics every seven to ten years, meaning that demand is increased during the off years. So, if you do your research and purchase these classics at their standard price, you can enjoy the price rise and resell the DVDs when the studio is restricting their release and end up making a nice profit. Remember the value of any investment can go up and well as down, so do your research and it does require good timing and patience.

Work with animals

Let's be honest- who doesn't love animals? Dogs truly are man's best friend. Maybe you have one or two at home that you hang out with all the time, but have you ever thought about how your love for dogs could make you money? There are many people, especially the elderly, who have dogs to keep them company, but they aren't able to take them out for as much exercise as they need.

You can make say 2x minimum wage just by taking a dog for an hour long walk! If you really get your business up and running, you could get multiple clients and take their dogs for walks together, which would mean you end up making more money per hour. Similarly, most people who have pets end up taking a vacation or going out of town at some point for one reason or another. Pet hotels can be expensive and sometimes it's not possible to get friends or family to stay over, so pet owners look for pet sitters who will either stay over at their home to take care of their pets or come over a few times per day to feed and play with them. If you're not a dog person, don't worry! Pet owners of all kinds need pet sitters. Depending on the conditions of your arrangement, you could make a some good money in just a weekend! Getting paid to play with animals sounds like the ideal job to us!



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Blogging

Are you a talented writer? Maybe you keep a journal or write out short stories. Have you ever thought about sharing your work? Writing can be pretty personal, but it can be truly therapeutic to share your life journey with others. The great thing about blogging is that you can blog about so many topics- fashion, lifestyle, food- the list is endless! You may be open to starting a blog for fun, but did you know that you could also profit? If you start a blog, you can use the space to advertise and the advertising network will most likely pay you for it. They typically post ads that are relevant to your blog's topic, so they fit in well. Also, if your blog gains popularity, you might even get contacted by companies who want to pay you to advertise their products to your blog's audience. This is an good way to make money because it doesn't require much commercial knowledge. While it can be time-consuming to write blog posts or think up ideas for content, the entire experience is truly worth it!

Do odd jobs

If you're someone who doesn't have a lot of extra time, but wants to make some easy money, why don't you do odd jobs? There are several websites and apps that allow people to post various odd jobs that they need help with, from painting their house to picking up their lunch for them. Not only is this a great way to make extra money, but it can also be fun! There are so many different odd jobs that are posted so you won't get bored doing the same thing.

Freelancing and tax

Freelancing and being self-employed is a growing trend. Here are 7 tips to help freelancers survive financially.

If you work as a freelancer you are going to be billing your client for your work and receiving your income gross i.e. before tax. Therefore, it's down to you to pay your tax to HMRC. Make sure that you project what your final tax bill is going to be so that you can save over the whole year for this and you don't get a nasty surprise after you file your return.

Filing your returns might not be the most difficult thing to do and there are plenty of hints tops and guidance out there but if you are self-employed, is it a good use of your time? It may be more efficient to outsource to an accountant or bookkeeper.

Setting a budget is key if you need to keep track of your finances. This is especially important when freelancing as your income may fluctuate. What happens when you want to go on holiday or are ill? Having savings can help as can keeping on top of your long term financial obligations.

Probably the bane of most freelancer's lives is chasing money that is owed to you. Make sure to be clear with your client when you would like to be paid after you invoice them. On the flip side make sure you set payment terms are reasonable as you don't want to annoy your client.

Obvious yes but as the work can be patchy then make sure you have a buffer. Emergencies don't announce themselves in an orderly fashion so that income reserve is vital. On top of that freelancers should make their own pension arrangements.

Consider what you would do if you are too ill to work. You won't get Statutory sick pay but do check what benefits you can get if you are out of work for a period. There are insurance products out there to cover for this eventuality, so do your research.

Save money working from home

Quite a few, but not all, freelancers work from home. This can mean higher than average energy and phone bills as you will be in all day but check if you can offset a proportion of these against tax. A massive bonus of home working is avoiding the dreaded commute. A further perk is that your kitchen offers far cheaper coffee, tea and snacks!

Conclusion

We were taught when we were young that the secret was that money doesn't grow on trees. It doesn't matter if you have a full-time job, want to learn some easy ways to make some extra cash on the side or if you have absolutely no special skills or qualifications. Regardless of any of these factors, there are options in this guide for you.

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