5 Surprising Ways to Make Money with Your Car 65

5 Surprising Ways to Make Money with Your Car - car advertising, rent your car, delivery, uber lyft, car lease take over payment

If you get a bit creative, look around in your home, or become resourceful and just work with what you got, there are, in fact, plenty of opportunities to to earn something on the side quickly. I’ll now share some ideas on how to make money with your car, and that’s just one of the many other things you can do this week to earn extra cash.

Why would someone do that, you may ask.

Well, for a start to get quick money if you’re in need and something unexpected or urgent has come up. It can also be a great addition to your monthly income if you’re looking for ways to grow it.

Some people just like being practical and making the most of what they own. So using your car to make money is one such opportunity.

Doing this can also be to make a big purchase that will improve your life somehow, or to avoid taking a loan or asking family and friends to help out.

Whatever the case, you should know that there are some quite smart ways to make money with your car, without doing anything too complicated or making big changes in your lifestyle.

Here’s how you can do that:

1. Get paid to drive.

Looking for a side income with no investment and which can be started right away? Well, what better way than to make money driving your own car.

If you don’t mind doing this longer and in your free time, and having to deal with passengers, then become an Uber or Lyft driver.

To make this work for you and without any complications, do a little research in advance. Make sure you follow the rules of these companies, know the average rates and are familiar with how other people have done this and what the disadvantages are.

Of course, it might not be your thing. But it’s okay if you just give it a try and move onto another way to make money with your car.

2. Rent your car.

Ways to Save Money on Auto Repair to Use Elsewhere

Don’t feel like driving in order to get paid? Well, there’s an even easier option – simply rent out your vehicle.

It usually works best if you’ve got a second car, or don’t need yours that much.

There are services you can use to rent it such as Turo, Getaround and Hyrecar.

3. Lease swapping.

If your car is on a lease, and you can’t or don’t want to continue making monthly payments, you can try lease swapping.

Basically, it means letting someone else take over car payments.

If you manage to find a person who’s looking for a new car soon and doesn’t want to go through all the paperwork, he can then take all your responsibilities for the vehicle, together with the rest of the money that needs to be paid to the bank over the course of a certain period.

This can give you some freedom if you’re looking to reduce your expenses, get out of any form of debt, or are just looking for a new car and need to get rid of the current leased vehicle quickly.

4. Advertise on your car.

Another great way to make money with your car with no extra effort, is to turn your car into a mobile billboard.

There are some requirements you’ll need to meet, but depending on the company you find and work with, car advertising can work pretty well for you.

Of course, it depends on factors such as how often you drive it, if it’s well-maintained, how big and popular your area is, etc.

If that sounds like fun, think about renting ad space on your car for some quick and easy money.

5. Make deliveries.

Basic Car Maintenance Tips You Need to Know

Last but not least, why not make some cash while running your everyday errands, or during the weekends and your free time, by making deliveries?

Could be packages, groceries, items for Amazon, or even do different things with TaskRabbit by choosing your jobs, rates and schedule. And who knows, that might turn into a small delivery business some time in the future.

As you can see, there are plenty of chances to make money with your car every day.

What grabbed your interest the most and are you willing to test it soon?

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Going Minimalist in The Sharing Economy: Why It Makes Sense to Rent Our Belongings 15

Going Minimalist in The Sharing Economy: Why It Makes Sense to Rent Our Belongings

Last week, Jeremy Rifkin’s documentary “The Third Industrial Revolution: A New Sharing Economy” brought to public attention the importance that efficient sharing economies will have in coming years. The slowing of industrial productivity, coupled with the looming climate change crisis means that the game is up for the “take, make and dispose” model that we currently operate on.

This might seem a little inaccessible from the point of view of an individual. Most of us don’t have time to make lunch in the morning let alone contemplate changing economic models.

Yet the sharing economy is growing all around us, from Gumtree to Airbnb and most recently, stuff-sharing marketplaces like Fat Lama.

Born out of East-London in 2016, Fat Lama is a peer-to-peer rental platform where users can borrow items they need and rent out items that they don’t. It’s completely free to list items and operates out of your local area.

Put simply it’s a way for people to make money off their belongings and for others to gain access to equipment they might not otherwise be able to afford. However, the platform has the potential to become a lifestyle as much as a utility. Here are just a few of the benefits:

Saving The Environment

By 2022, the planet will have produced a staggering 50 million tonnes of e-waste.

This is by no means as harmless as it sounds. We are racing through computers, phones, cameras and cables at an alarming rate and worst of all, we recycle none of it.

By investing in the sharing economy and renting rather than buying, you can make a stance against the destructive and wasteful effects of linear consumerism.

To illustrate the paradigm, let’s take the example of a power drill, which, shockingly, is used for a grand total of 13 minutes on average in its life. It is a waste of money and is using up precious resources to buy such an item. Whereas if you rent from Fat Lama, the price of which is around $5 per day, you will end up saving yourself needless expenditure at no extra cost for the planet. This is not just true of drills, but Lawn Mowers, leaf blowers, cameras and projectors.

Go Local

One of the big downsides to living in an urban environment is the lack of community spirit. Cities can feel stiflingly disconnected and it is not uncommon for a resident to have never spoken to a single person on their street.

There has been efforts made to re-localize districts, with cafés bars and social hubs popping up in suburbs all over the world. However, if you are looking for something more personal, using Fat Lama puts you into contact with hundreds of locals living around you who often, given the circumstances, have the same interests as you do.

For instance, if you are looking to rent a surfboard or Kayak, chances are the owner will be an enthusiast as well. This could lead to at the very least a friendly interaction if not a friendship.

Save Money and The Planet

The other great strength of renting rather than buying that it will save you a packet.

The sharing economy is founded on the principle that limiting ownership reduces marginal costs because the cost of production storage etc. is mitigated from the equation.

To return to the power drill analogy, a low-end model will cost you around $100, which means that every minute of use is around just under $8. Unless your drill doubles up as a cocktail-maker, this seems like an enormous waste of money. In comparison, the average electric drill on Fat Lama will cost you less than $8; really it’s a no-brainer.

Make Some Moral Money

Aside from the obvious social benefits, you can turn your underused belongings into hard cash, with virtually no effort.

We have all made some questionable purchases. Whether it’s that DSLR you promised your parents you were going to use or that sound system that never get used because of you neighbours. Now they don’t have to be an ugly reminder of the lost money but active assets that can start paying for themselves. Often the money made from these items can far exceed their original price, with some users earning up to $5000 dollars a month, more than the minimum wage in any country.

These are just a few examples of the way in which renting can impact your life for the better.

Right now it’s the fastest growing sector but the possibilities are infinite. What I hope you take away from this is that being an ethical consumer doesn’t have to be a bleak future of Spartan self-control but rather a re-imagining of the way goods flow today. Clean consumerism is not a dream, it’s right in front of us.