I love my mother-in-law but I never planned on living with her permanently. I have been enjoying her living with us now that we have kids but I feel like we all need some extra space so I am getting a granny flat built at the back of our block. This should allow us to have some extra space to make sure everyone has the privacy that they need whilst we can still be a family. This block has some tip on the process of building a granny flat including how to choose a contractor and how to get the council approval for the build.
As the cost of living rises across Australia faster than most of the rest of the world many of us are looking for extra ways to earn a bit of cash. While there are safe, long term options that can earn you a passive income like the stock market or renting out a spare room, many people are looking for more immediate returns on their investments. Here are 5 items that you can buy and immediately begin making money off.
1. Mobile Coolroom
A mobile coolroom is basically a really big fridge on a trailer that can be towed by a car or truck. Once you reach your destination you simply plug it in to a nearby power source or generator and you have a very effective way to cool down whatever you want. Coolrooms are used by many different businesses from big construction sites to professional caterers to private individuals looking to host a big party in the outback. Investing in a coolroom is a great way to earn money and if you work in an industry where you will use it a lot for work you have a dual justification for buying it. You will also be surprised at how often you want to use it as it is a great way to maximise your comfort in the outdoors, something many people want to take advantage of. Lucky for you those people are your future clients so make sure to make a good first impression when meeting with them as it will increase your chance of earning a loyal customer.
2. Luxury Sneakers
I personally have invested in pairs of luxury sneakers, particularly Yeezys, and after having bought just 5 pairs of shoes I have made over $2,000 dollars profit from them. However, this is a one off sale and you wont be able to make a steady income off of them because of long breaks between releases. Still, it is a nice way to earn a couple hundred dollars every few months and all you need a fast internet connection to have a very good chance of snagging a pair to resell.
There are many ride sharing apps that you can register for and then start earning money by driving people around. It is a quick, easy and reliable way of generating income from something you would buy and use anyway and you can decide when and where you want to work. You can even do this full time if you live in one of the major cities where there is plenty of opportunities to make thousands of dollars a month.
There are more ways then ever to start earning an income from your camera. Many sites exist that will pay you for stock images and if you have a bit more spare time you can always try your hand at a bit of freelance photojournalism and try sell your photos to the news. If you have a creative side or knowledge you can share with an audience think about starting a YouTube channel and earning money through AdSense.
5. Almost Anything Else
Most people do not realise there are a few sites like Rentzi that will allow you to rent virtually any product you have to someone else. This can be more risky than the other options on this list and if you do go down this path make sure you are covered by some sort of insurance otherwise it is literally just handing your valuable items to a total stranger.Share