Many investors get stuck before they even get started. Why? They have the idea in their head that they have to have a large investment before they can get started making money.
It’s just not true.
You can get started today and make money simply with the coins you find on the floor of your car and under the couch cushions.
It drives me crazy that this false idea continues to float around. So, let me say it again. You don’t need a large investment to make money.
To dispel this notion, I’ve put together 8 ways that you can make money without a large investment. Try a few of them, try all of them. Either way, you’re going to make money. And, you won’t need a large investment.
How to Make Money: Sign Up For Ebates
eBates basically hands you free money.
Once you sign up for their service, you make purchases you already intended to make but by using their link. When you click their link, you’re using a referral link. eBates makes a little money from your click and purchase and then they share that money with you.
eBates works with marketplaces such as Amazon, Target, eBay, Nordstrom, and others.
You already shop, why not make a little money back on your shopping? That’s how to make money 101.
How to Make Money: Stock Market
On this list, you’ll find a few old-school, tried and true ways to make money. You’ll also find some new-fangled ways to make money. This is one of the classics.
You can make money simply by investing in the stock market.
If you have some extra cash, you can invest it in stocks. And remember, you don’t need much to get started. There’s no minimum for investment. And, we all have to start somewhere in the game of how to make money.
There are a lot of options when it comes to the stock market, but don’t be intimidated to start. There are a lot of resources that can offer you advice (including this newsletter!) Before you know it, you won’t be a stock market beginner anymore and you’ll be making money.
How to Make Money: Invest in a Small Business
If you’re interested in business, or maybe even a business owner yourself, a fun way to make money is to invest in a small business.
Many of your local small businesses may be very successful, but not large enough to get a traditional loan from a bank. This is your opportunity.
You can offer a small business a loan from your personal funds. You can ask for interest when they pay back the loan or partial ownership of the business.
Either way, you’re putting your money to work for you.
And, you don’t have to have a large investment. Start small. Maybe your local coffee shop wants to buy a new piece of equipment or needs a small repair. You can loan them even just a small amount.
When you get paid back, you’ll have a larger amount of money than when you started. Repeat the cycle and before you know it, you know how to make money.
How to Make Money: Become a Rideshare Driver
If you have some extra time on your hands, you can become an Uber or Lyft driver. You get paid to pick up passengers and drop them off at another location. Simply for driving around in your car and chatting with people, you make money.
Did you know learning how to make money could be that easy?
The bonus here is that there’s no investment needed. Truly — NONE. If you already have a car, know how to drive, and have a license, you’re good to go. Simply sign up and start making money.
How to Make Money: Retail Arbitrage
Retail arbitrage is a fancy word for finding items for sale and reselling them at a higher price.
For example, you go to a garage sale and find a stack of records. You buy the whole stack for $10.
Then, you take the records to a local record store to be assessed for value. The record store finds some gems hidden in the pile and pays you $75 for the whole lot.
With just a few minutes of work, you netted $65.
Retail arbitrage can be done in any number of ways, including online. Buying an item on Craigslist and selling it on Facebook marketplace.
The opportunities in how to make money are endless.
How to Make Money: Securities
Another classic way to make money is through securities.
Securities is a broad term used to describe any financial instrument that can be bought and sold between two parties.
Securities include bonds, mutual funds, stocks, and exchange-traded funds.
Investing in securities is an easy way to make money, and, you don’t need a large investment to get started.
How to Make Money: Rent a Room
If you live in a centrally located part of town and have a spare bedroom that isn’t being used, one of the easiest ways you can make money is by renting your room on a platform such as Airbnb.
When someone comes to visit your city, they stay in your extra room instead of a hotel room. For that convenience, they pay you a fee. All you have to do is make sure the room is cleaned for the next guest.
How to Make Money: Do Nielsen Surveys
Nielsen is well known as the TV rating service that helps us know how many people tuned in to certain programs.
But, Nielsen has been quietly expanding. Nielsen is now rating a lot more things than just TV shows. You can download the Nielsen app on your phone and get started taking surveys right away.
Every survey you take, you make a little bit of money.
Did you know that how to make money was so easy as all these things? Many of them you can start today. And, the best part is that none of them require a large investment to get started.
If you’re interested in learning more about how to make money in your investments, you can subscribe to my newsletter, the Money Map Report. Get started today in how to make money without a large investment.