Let’s Make Some Money!
How would you like a little bit of extra cash in your pocket each week?
With the cost-of-living going through the roof, more and more people are looking for ways to supplement their income. Fortunately, there are now loads of different side hustles available. You can even do some of them without leaving the house!
Here are our top 5…
#1 Matched Betting
It’s a well-known fact that with gambling, the house always wins. However through a process called Matched Betting, we can swing the odds back into our favour and guarantee a profit.
Sounds too good to be true? Read on….
How does it work?
The simplest explanation is that Matched betting is a process that takes advantage of bookmaker offers and promotions. By using these promotions (usually in the form of bonus bets) you can guarantee a return by betting on all outcomes of an event. For example, you can place a bet using your bonus on a team to win, you can then bet on another bookie for that team to not win. This way one side of the bet will always win and you will have locked in a tidy profit.
The bookmaking industry in Australia is highly competitive, every day bookies are offering incentives to new and existing customers in order to get them to sign up and bet through their platform. By using this strategy across several bookmakers you can realistically make over $1000 a month. What’s even better is that it’s completely tax-free!
The process can take a while to understand, so it’s best to learn via a Matched Betting service like Bonusbank. With a Free Membership you can access everything that you need to master the basics and start earning risk-free money.
#2 Food Delivery Driver
Food delivery is big business in Australia and provides the perfect opportunity for students to find reliable work that fits around their Uni timetable. Anyone over 18 with a phone and a car/bike that passes a background check can start delivering food and earning money.
Why’s it so good for students?
The beauty of food delivery is how flexible it is. You’re completely in control of when you want to work and when you don’t. As long as all of your paperwork is in order, the signup process is quick and pain-free. You can normally start delivering and earning within a week.
Don’t have a car or motorcycle? Not an issue, just jump on your bicycle. With services like Uber Eats, riders on bicycles make more per delivery than their counterparts in vehicles. The emergence of electric bicycles has made this an increasingly attractive proposition.
I’m sure you’re all aware of the big players out there but Uber Eats, Deliveroo and Door Dash are all worth signing up for. You can even work for more than one service at the same time in order to maximise your earning potential!
#3 Tutoring
As a student, your skills and knowledge are valuable commodities that can be used to earn you some serious money!
As a result of COVID, the way people learn has changed. Over the past couple of years, we’ve seen the rise of remote learning. This has provided opportunities for students to find tutoring work, not only in Australia but worldwide.
What should I teach?
The simple answer is whatever you like, but best to stick to your strengths. Work out what you can do that most people can’t and focus on that. For example, If you speak a second language. This will be highly regarded by parents in Australia looking for someone to help their children, and can attract a healthy hourly rate. You also shouldn’t ignore the power that the English language has to students overseas, this is when the remote learning environment really kicks in. Do you play an instrument? Can you code? These are all valuable skills that people are willing to pay to learn.
As well as targeting local schools and parent groups you can also find work online by advertising your services through local Facebook groups. There are also online marketplaces for freelance services such as Fiverr where you can reach people worldwide. Tutoring usually takes place after normal school hours so works perfectly around any Uni commitments you have during the day.
#4 Pet Sitting
Wait so you’re telling me I can get paid money to look after dogs all day? Absolutely!
Rather than the old fashion method of flyer bombing your local neighbourhood looking for work, you can now do it from the comfort of your sofa. Enter Mad Paws (the Airbnb of the pet sitting world). Here you can find hundreds of people looking for pet sitters in their local area.
What kind of services do they offer?
Mad Paws was created to fill the ever-growing need in the pet boarding market for affordable, and local, pet accommodation whilst still maintaining the care and attention pets received at high-end, expensive, pet boarding services.
Not able to look after a dog at your place? Fear not… you can also find pet owners looking for people to stay at their place whilst they are away, as well as regular pet feeding and walking gigs.
Mad Paws provide a safe and hassle-free platform for those looking for pet sitting work, they take care of everything for you including payments and insurance.
#5 Cashback sites
Whilst not necessarily a way to earn money, Cashback Sites can certainly save you money! Whatever you buy online, there is a good chance that there will be a cashback site that will return a percentage of the purchase back to you.
Sounds good, how can I do it?
Let’s say you want to buy a new laptop for Uni, instead of going directly to an online store you would go to the cashback site first. You would then find a link that redirects you to the store that you want to buy it from. Once you make a purchase, the store will pay a commission to the cashback site and then you will receive a pre-determined percentage of the commission they made (typically 1-30% of the purchase price)
Once you have reached the minimum cash out threshold you can withdraw the money straight to your bank or PayPal account. How awesome is that!
A couple of Cashback sites that we recommend checking out are CASHREWARDS and ShopBack. It is also worth taking a look at Swagbucks, who are great for those who do online surveys.
Something For Everyone
Whatever your interests, and whatever your circumstances, there is a side-hustle for everyone. So whether you want so save for a backpacking trip around South America, upgrade your living situation, or just have more money in your pocket for drinks at the weekend, there is an option for you.
Commit yourself to the hustle and start making money today!