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Making Extra Cash Easily

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  1.Rent out a room in your home. If you have an extra bedroom in your home and are willing to share your living space, temporarily renting out the space is a great way to make extra money. If renting for more than a week or two, draw up a lease agreement with your new tenant to help circumvent any disputes. Renting a room or your entire home to people on vacation is another way to increase your income. Websites like Airbnb will facilitate the renting process for a cut of the money that renters will pay.[1] Make a profile about you and the available space on the Airbnb website, set a nightly price, and accept offers to rent the space based on an applicant’s profile and the dates they hope to stay. Be aware that laws in different states and cities treat short-term rentals differently. Familiarize yourself with the laws in your area. 2. Give up your extra parking spot. If you live in a big city where parking space is limited, consider renting out your driveway or garage. In big cities, e