How to Get Money Without Working

Wouldn't it be great if you could get money without working? While there's no surefire way to strike it rich without working, there are certain ways to raise funds for yourself with very little or no effort on your part. If you have some money to invest or are willing to put some effort into your next money-making endeavor, you'll have a much better chance of consistently making money without a traditional job.

This article discusses the following info :

  • Rent out a room in your house.
  • Make money online
  • Earn royalties
  • Get paid for short-term jobs.
  • Sell stuff
  • Beg or panhandle
  • Become a moneylender
  • Earn interest
  • Invest in the stock market
  • Invest in a business

1
Rent out a room in your house. If you have a room (or rooms) that are going unused in your house, consider furnishing them and renting them out to tenants. If you do so, be sure to abide by the laws that govern landlords in your local area with regards to rent levels, amenities, and the like. Doing this allows you to collect a sizable check every month without any work beyond preparing the room for occupancy.
  • The more private the room, the more you will be able to charge for rent. If you have a separate basement apartment with a kitchen and a bathroom, you will be able to charge much more than you would if you only have a spare bedroom.
  • Only rent rooms to responsible, trustworthy tenants who will pay you on time and respect your property. It's a good idea to screen your tenants by performing background and credit checks, as well as asking them to provide a reference from a previous landlord and a copy of a recent pay stub.
  • Services such as Airbnb can help connect you with travelers and others looking for short-term rentals. This can enable you to charge a significantly higher rate per night than if you rent the room by the month.
2
Make money online. There are tons of ways to make money on the internet nowadays, but most of them require at least a little bit of work. If you commit yourself to developing your brand, you might really hit it big.
  • Start a website or blog. If your site becomes popular and gains a lot of traffic, you can make a lot of money by selling advertising space. If writing isn't your thing, you can also create video content.
  • If you are knowledgeable about any topic whatsoever, you can try selling informative content, like ebooks, webinars, or instructional videos. Whether you can teach people about mathematics, juggling, or a foreign language, chances are you can think of something useful to share
  • If you're willing to do more traditional work, you can also make money online by freelance writing or becoming a virtual assistant. Try searching online for job boards that are devoted to freelance and/or telecommuting work.
3
Earn royalties. If you're willing to do a lot of work upfront for long-term payments, you might consider applying yourself to writing a book or a song or inventing a product. Your chances of hitting it big are small, but if your creation becomes popular, you can keep earning income from your work without having to do anything else.
  • It's also possible to buy the rights to existing royalties at auction, but you should make sure to do thorough research to make sure it will be worth the investment.
4
Get paid for short-term jobs. If you don't like the idea of a regular job, but you are willing to spend a few hours a day working online or visiting different locations around town, you might be able to make a fair amount of money. Before signing up for any job, make sure you understand exactly how you will be paid.
  • Participate in mock juries or focus groups. Some of these might require you to appear in person, but others can be done online. You'll get paid for listening to a presentation and sharing your thoughts.
  • Online surveys are quick and easy ways to make a few bucks.
  • If you like surfing the web, you might enjoy getting paid to test new websites and share your opinions.
  • Mystery shopping is a great option for you if you love to shop and eat out at restaurants. All you have to do is frequent a business, act like a normal customer, and then share some details about your experience with the company. Depending on the job, you might be paid and/or you might receive free goods or services from the business. You can look for opportunities through individual business or search for listings through organizations such as the Mystery Shopping Providers Association.