Seven ways to make some extra money


With the rising cost of living pressure, you may be wondering how to make more room in your budget. One way to relieve pressure is to spend less, which is quite difficult when you are already buying cheaper brands and reducing your energy consumption. But the other way is to earn more.

We’ve put together a list of things you can try to increase your income.

Dog walk

If you are comfortable discussing canines, you may want to offer yourself as a dog walker. Dog walkers charge $ 20 or more per ride, and if you can take some dogs with you, that can add up. Wellington couple Phil and Penny Krieg walk 12 to 16 at a time, but say they spend time understanding how each dog interacts with the others.

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Rent a room

You will have to agree to have someone else in your space, but renting a room in your home can provide another source of income. There are thousands of single rooms listed for rent on Airbnb for anything between $ 40 and $ 100 a night.

You can also accommodate a long-term tenant. As long as you don’t charge more than the standard Inland Revenue rate for a passenger, which was $ 194 per week in fiscal year 2021, you don’t have to pay taxes for that.

If you have roommates, you will have to pay taxes on the income you earn from them, but you can also claim the expenses you incur, including the interest costs on the mortgage loan.

If you can give people a space to park their car, maybe you can make extra money.

Markus Spiske / Unsplash

If you can give people a space to park their car, maybe you can make extra money.

Rent your garage or parking space

If you don’t need your garage, you can earn extra money by renting it out to someone who needs a place to park or store things.

Sites like Allspace.co.nz connect people who have plenty of space with people who need it. The site says you can earn between $ 200 and $ 300 a month by renting a half-closed garage. The only downside is that you have to have people go to your property to access it. (And you can’t be a hoarder yourself).

Sell ​​your stuff

If you haven’t cleaned your wardrobe in a long time, now may be a good time.

Trade Me spokeswoman Millie Silvester said there has been a resurgence in interest in clothing on the site.

“We believe more kiwis are wearing second-hand clothing because it’s sustainable and economical for both buyers and sellers. It’s also a great way to find something unique.”

She said there was a 25% year-over-year increase in sales in the vintage and retro women’s clothing category on the site last month. “This was also reflected in searches, which rose 152% in April compared to the same month last year.

“Searches for‘ padded jackets ’increased 60% in April compared to the previous month, seeing more than 1,500 searches,” he said.

“Faux fur jackets became popular in the 1980s and are also returning. Last month we saw a 46% increase in ‘faux fur’ searches with more than 2,800 searches.”

She said returning from school dances meant there was also an outlet for prom dresses.

“Last month, ‘formal dress’ searches increased 77% month-on-month with more than 3,200 searches. ‘Kisses’ searches also increased 49% from the previous month.”

People were also looking for winter clothes, including hooded blankets and dresses called Oodies. There were 11,000 searches of these in April.

Connect

Sometimes it seems like everyone is making money from a secondary online hustle and bustle. Sites like Fiverr, Upwork, and Freelancer connect people with skills in things like content writing or web design with people who have a project that needs work. You can also sell your creations on sites like Etsy or Chooice. If you identify offshore products that you think New Zealand buyers would like, you can set up a direct shipping site (where the supplier ships directly to the customer) or you can import small quantities and sell them.

Shopify is a fairly easy-to-use platform for setting up a new retail site. He said 18,172 New Zealand companies operating on its platform had sales of $ 4.8 billion in 2021, up 40 per cent.

Uber / daher

If you own a car or bike, you can earn some extra money by registering as a driver on Uber or Uber Eats, or as a Doordash driver. Moneyhub suggests aiming for rush hour to maximize your Uber earnings, like at the time of a rugby match. He says you can expect $ 25 to $ 35 an hour as standard. Make sure your car insurance can handle it.

Do gardening

If you have proverbial green thumbs, you may find a source of funds in your garden. Some people are growing fruits and vegetables to exchange or sell to neighbors. Others are taking advantage of the current trend of houseplants by growing cuttings or seedlings on more established (and more resilient) plants for sale.

Silvester said Trade Me data showed people looking to grow their own at home. “Fruit trees (18% more) and lemon trees (22%) experienced the biggest jump in popularity last month compared to April 2021, with 12,550 and 5,200 searches respectively.”



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