This thread is a place to list current ways to make money without having a real job, for anyone who doesn't wish to work for an employer or is unable
to find work. Please read the entire post, there could be that one piece of useful information you didn't even realize you needed.
1.) SCRAP METAL
Most of you have probably heard all about gold the past few years. Silver has also been a hot topic of conversation. What you may not know is that
while gold & silver have risen in price, so have other metals, making scrapping metal even more profitable.
There are 2 ways to approach scrapping.
a.) Save your household scrap. You will probably be amazed when you see just how much metal your household throws away on a weekly basis, I know that
I was. Some examples: soda/beer cans, beer bottle caps (can also be sold on eBay at the approximate rate of 100 clean caps for $14.00), food cans,
random nails and screws, and any broken appliance.
These are things you probably come across regularly. What appliances? Well, you have a hairdryer in your house? They break. Rice cookers, crock
pots, dishwashers, etc. all break. Quit putting stuff on the curb and save it in a scrap pile in your garage. You can get (regional prices vary) $5
to $8 for a trash bag of crushed aluminum cans. How long it takes to accumulate that depends on your household. Just try saving your scrap for 6
months and then take it all and see what you get paid for it. You can use that information to decide if this is something you want to continue doing.
For more information, Google ‘how to scrap’ or try a book on Amazon. For full disclosure, I made $35.07 yesterday scrapping 4 bags of crushed
cans and a nonworking lawnmower I tried to trade to 2 different shops. No one wants it. I got $29+ for the cans and $5+ for the mower.
b.) Actually scrap as a job. To do this, you will need a larger vehicle and a storage space, and a workspace to break things down for scrappable
parts. So this is not for everyone, but it is a viable source of weekly income if you can.
Basically you will need to drive down residential streets after trash is put on the curb, but before the truck comes. Dumpsters at the beginning &
end of the month in apartments are good, as well as business dumpsters at places like auto repair shops. You would be looking for large items.
Lamps, window frames, major appliances, etc. Fill up a truck and turn it in.
The level of income would be totally dependent on how much time you spent driving around scavenging. If you are sitting around looking for a job and
can't find one, it can't hurt to try this if you are able-bodied enough to handle it. A couple weeks and you'd get an idea if this was something you
were interested in pursuing for the long run. And even if it isn't, you can still scrap just your household metals for extra money.
2.) SELL YOUR STUFF
There are so many ways to make money selling your crap, it's unbelievable. Now, you might be thinking that you don't have anything to sell. Well, I
doubt that's true! You just aren't looking. Once I started looking, you wouldn't believe the stuff I found & was able to turn into straight cash,
and I don't even have a bunch of stuff to begin with. The key is to open your eyes, actually LOOK at your surroundings. The stuff you see every day
will just blend in, so focus on finding something, & I bet you will see it!
There are 5 ways to sell your junk.
a.) You got eBay. Anything that will make you a profit of over $10 is probably worth selling on eBay. With eBay you got auction fees (1st 50 each
month are free though), you got a fee when your item sells, then when you get paid, Paypal also charges you a fee. That's a lotta fees and you better
do your research and understand those. It is possible, with a low selling price, to LOSE money when you sell something on eBay. Don't let that be
you! Read & understand your fees. For full disclosure: when I first started doing this, I made over $5k in one year, spending maybe 3 hours a week
listing/shipping, off plain old crap in my house I didn't want. I mean, that's freaking incredible. Plus you got more space, more money to spend on
survival supplies, electronics, whatever it is you need.
b.) You got Amazon. For a person selling used junk, this is only gonna help you out if you've got a bunch of books. Same as with eBay, it's very
important to understand the fees you are going to have to pay!
c.) You got pawnshops. Now I'm not personally a pawnshop fan, as far as selling there goes. Love to buy there, but usually can sell something for a
better price elsewhere. Your mileage may vary. Good things for pawnshops are old musical instruments, electronics, tools, jewelry, movies, music and
video games. Personally, I wouldn't sell any of that to a pawn shop, but you may find a better deal than what I see in my location.
d.) You got consignment shops. Now this is clothes or antiques, generally. If you've got clothes, honestly you'll probably do better on eBay. That's
my experience, you can still check out your local stores; they just might be better than mine. With antiques, a consignment shop is probably the
right move if it's big and bulky. Call your shop in advance, as most of these places want appointments.
e.) You got Craigslist. This is gonna be for furniture or other large items. Refrigerators, couches, tables, headboards, chairs, all kinds of stuff
like this does well on Craigslist, generally. So get that old ratty thing your spouse is complaining about and photo it & sell it! Since you have to
actually meet the buyer personally, exercise caution.
3.) SELL OTHER PEOPLE'S STUFF
Basically, with this one, you're gonna have to do a lot of work. It helps if you already like to shop at thrift stores, consignment shops, and garage
sales. There are other places to acquire used items for resale such as: storage auctions, police auctions, and liquidation warehouses.
Sometimes you can go out and you just don't find anything to resell. You'll never know what is out there if you don't go look; there are some good
deals to be found if you know what you're looking for. What are you looking for? Well, that depends on what you know.
You KNOW something. What is it? It's that thing you're better at. Maybe it's sheet music. Maybe it's 80's toys or video games. Maybe it's old
electronics, Barbies, vintage clothing, or tools. Whatever you're good at, that's what you're looking to make a profit from.
Since you have a good understanding of the item, you have a good understanding of the market price, and you will know if there is a good deal in front
of you, and how much you can resell for, and where to resell at. You can see my garage sale finds from last weekend
on this thread
. You can also see a few other peoples too. There is money to be made
here if you find your niche. I make about $10k a year selling other people's crap. It isn't many hours, and its fun to me. Making money and having
fun at the same is a plus.
Will be continued in the next post....
edit on 4/11/12 by Ameilia because: spelling