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First, my beloved readers, don’t fall for side hustle scams!
This is a HUGEEEE pet peeve I have with side hustles income reports: they say they’ve earned a lot of money, but upon further investigation, their “side hustles” are things that are very, very labor intensive.
I always, always, calculate the hourly wage when I’m considering a new side hustle.
It sounds nice when someone says they’ve made $200 from whatever side gig they have, but then you divide that $200 by the 200 hours they spent working on it, and suddenly going out and working at McDonalds for minimum wage seems like a better use of your time to attain that extra $200.
That’s my opinion anyway, about many of these “side hustle income reports/ideas” posts I see, and that’s not to say that there aren’t plenty of side hustles that require a LOT of work upfront with NO reward, but do eventually pay off (cue high quality blogging for this one…and if you’re getting started to blogging, make sure and check out my review on a couple of the popular self-hosting platforms, Bluehost and SiteGround, here!)
OK, without further ado, let me break down my income report of side hustling for the past 15 days. These are all super easy ways to earn money that anyone can do, and I promise none of these *should* take more than a few minutes of your time!
1. Rolling your coins/your family and friends coins/go loose change searching
This one is literally so easy it hurts.
SO many people just take their loose change to those coinstar machines, dump it in, and walk off happy with whatever that machine gives them.
That machine takes a big cut of your money, without really doing any work for you. Roll your own coins and take them to the bank and keep 100% of the money you earned in the first place. You’d be mad if you took two crisp $20 bills to the ATM and only got $37 deposited in your bank account, right? It’s no different with coins. It’s your money, you earned it, and you deserve to deposit all of it. It really doesn’t even take that much of your time.
And yes, I will acknowledge that this isn’t *really* earning money, per se, since it is your own money in the first place. But, if you do what I do in the next few steps, it can be a gig that truly *earns* money.
Some ways I collect more change to roll (that isn’t my own change in the first place):
- Ask family/friends if you can roll their change for them for a small cut of their profits (you can charge more/less of a percent than the change counting machines charge depending on how cheap/financially savvy your friends are…haha).
- Collect loose change everywhere: parking lots, beaches (may need a metal detector here), at the base of parking meters, at the base of drive-thru windows, under car seats, base of ATMS, etc, you can get very creative here.
I will also like to note that if you are OCD, this side hustle will most likely drive you crazy because you will never, never, never, have enough coins to perfectly finish off your roll and you will be forced to store half filled rolls in your drawer until you collect enough to finish.
2. Selling things online (Craigslist & Poshmark)
Again, this is something that you probably already have and can now make some money from it with a couple minutes worth of work. I am counting all this money as pure profit because I sold stuff that was already given to me for free from family/friends/as gifts, or stuff that I had bought myself, but then sold for a profit.
While most of my stuff that I sold were gifts/family donations, I did sell a few clothing items online: jeans that I bought at thrift shops for a few dollars but sold for twice that (like at the $20 price point).
I actually do not plan to do much more of this side hustle, because like I’ve mentioned before, I view my time as very valuable, and I do not think this gig really paid off time wise, since I had to go thrift store shopping, wash/iron the jeans, then drive to post office to ship.
I would recommend reaching out to all your family/friend members and asking them to remember you when they do closet clean outs and such. If they’re going to give the stuff away regardless, you might as well get first pick for any name brands that they have.
My very favorite place to sell stuff is on Craigslist. They charge no fee to post nor do they take a percentage of your profits if you do sell something. Plus, your buyers don’t have to pay for shipping, so you could use that leverage to charge them more for your very special items.
The only other selling platform, besides Craigslist, that I personally have had success with is Poshmark.
3. Charity=Tax Refunds
This is not something that I’m including in the $121 total, but is something I feel is worth mentioning because you can still make money from charity. If you have something you don’t want and can’t sell (either because it is out of season, not popular, too damaged, whatever, whatever), DONATE IT.
I love Goodwill. They help other people (something I of course like), they are conveniently located, and it is very easy to get my tax receipts online. But there are TONS of other charities you could pick from if there’s another charity that’s more your style.
So the way I see it, a bunch of my clothes were either going to sit in my closet, cluttering it up and never being worn, or I was going to donate them and get a few hundred dollars in tax deductions. That or I could try to sell them, and spend time posting them, promoting them, and then driving to and from the post office if/when they actually sold. And of course they all weren’t going to sell at once, so that is an individual trip each time. Or I could take one trip and donate them to Goodwill and also hopefully help some other people while I was at it, plus save a ton of money come tax time.
I am going to be honest here, I was super opposed to Ibotta for the longest. I had tried it once maybe a couple years ago and didn’t like it. And then when I got into blogging, it seemed like every blogger on the planet had a sponsored post just for Ibotta.
But I gave it a second chance and me and my bank account are seriously so happy that I did. This is literally the only app I have ever raved about before in my entire life. I have ZERO problem promoting Ibotta now.
It is literally so easy to use (takes seconds) and you can use it to get money back on stuff you’re already buying anyways.
If I am a millionaire, I will probably still be using this app, because it really is free money.
I am a huge wine drinker, so most of my coupons are for wine, but they have rebates for basically everything (alcohol, household items, meat, dairy, pet, etc.), and everywhere. The way I personally use it is: before I go to the grocery store, I look up what wines Ibotta has rebates for (at Publix, where I mostly shop, there are always at least 10 different kinds of wine offered, from nice bottles to cheap boxed wine), then I buy whatever the wine rebate is for + whatever else I need, then you take a pic of your receipt, check what rebates you want to use (so for me, that would be the wine rebate + a little more money for other stuff I was going to buy anyways, like laundry detergent or dog food), and that’s it. If you were very intense about it, you could make A LOT more money than I do, if you only bought things that had a rebate available for it at the appropriate stores.
In my experience, Ibotta has deposited the money into my Ibotta account (which once you reach $20 in that account you can have it easily transferred to your bank account/other types of accounts) within that half hour, and usually it’s immediate, although they say it will definitely be in there within 24 hours upon approval.
Start your account with Ibotta here (click my link for free money!).
- Coins: $17 (took about 15 minutes)
- Craigslist, 2 different deals: $80-total (took 44 minutes total*)
$40 (20 minutes drive time round trip/the deal time + 2 minutes to post/orchestrate the deal)
$40 (also 20 minutes drive time round trip/the deal time + 2 minutes to post/orchestrate the deal)
*Although both times, I really needed to go to Walmart anyway for kitty litter, so I could say the total time I spent total, for BOTH deals, were about 5 minutes (aka the time it took doing the actual deals + posting/schedule coordinating time).
- Poshmark: $3.05 (15 minutes round trip to post office + 1 minute to post on Poshmark).
Yes, I know, this wasn’t a great side hustle, however, what I sold was a pair of tennis shoes that were literally falling apart at the soles. I wouldn’t have even donated them, had they not sold on Poshmark. I would have thrown them away, as that’s how terrible the condition was. So, still considering this one a win.
I also have $50 pending worth of stuff right now that has sold (but is still in transit to its new owners), so my money hasn’t been released to me yet, so I am not including that either in my income report. That stuff I probably also only spent a couple minutes posting/marketing on Poshmark.
- Ibotta: $20.82 (maybe 6 minutes of my time total)
I am also not including the $4 I’ve already earned since I cashed my Ibotta account out a few days ago.
Grand total: $120.87 for 81 minutes of my time (the most dramatic time analysis/not including money saved during taxes/not including money made from pending sales)
So overall, I’d say not too bad at side hustling for a newbie! Yeah, like everything in life, it could have been better, but you know, if also could have been a lot worse too! 😉
And if you really wanted to work full time at it, I’d say several of the things on my list could really make you some serious money too. I just don’t have that kind of time, with everything else that’s going on in my life right now. Hope this helped inspire you to get out there and make yourself some money!
If you are also balling on a tighttttt budget, check out some more of my posts on frugality here! 🙂
- Fun & Free Things To Do (For Couples Or Individuals)
- How I Use My Animal Science Degree To Save Money In Dog Care Costs
- A Passive Index Investing Strategy
So tell me, what’s your favorite/most profitable side hustle? And does anyone have any real success selling things online that aren’t through Poshmark/eBay/Facebook/Craigslist?