14 fun ways to make money

14 fun ways to make money

Laugh & Get Rich Day on February 8 is a day that celebrates the physical and mental healing benefits derived from laughter.

Laughter boosts endorphins, aka the happy hormone. Endorphins boost creativity and motivation, and a surge in creativity and motivation is likely to help your earning capacity, whether that be at your 9-5, or by pursuing a new side hustle.

That’s why we’ve decided to write a list of fun ways to make you rich[er], while also hopefully making you laugh.

These ideas are for everyone; most of the time all you’ll need is internet access, your unique skills and equipment you already own (or which is affordable to buy).

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1. Use the dark arts … and crafts

Do you enjoy making jewellery, drawing or digital art? Turn your hobby into a moneymaker by selling your items online through stores like Etsy.

You can hone your creative skills and have fun, while also having the warm, fuzzy feeling that comes with your art brightening up somebody else’s day. So why not knit, sketch or crochet your way to some extra cash?

2. If it doesn’t “spark joy”, sell it

Why not adopt author Marie Kondo’s approach to minimalism? She says that if an item doesn’t “spark joy” when you touch it, or isn’t absolutely necessary, then it should be thanked and sent on its way – or, in this case, sold.

Spend an afternoon purging yourself of the items that don’t make you feel joyful. Immerse yourself in old memories; reunite with bad wardrobe decisions, thank those old socks under your bed for their service (maybe bin those) and make some cash selling that brand new tent you once bought for a camping trip that you never went on.

You can sell things on Ebay, Amazon, Gumtree, Facebook Marketplace or Etsy, or you could have your own garage sale.  

3. Grow a pear

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Grow your own produce. You’ll save on your grocery bill – and, if you have a surplus, you can sell it to your friends, local farmers’ market or independent grocer.  

Do you have a garden, balcony or space for a window box? There’s a multitude of different fruit veg or herbs and spices that you can start growing today.

There are even plenty of edible plants you can grow indoors: mushrooms, tomatoes, chillies, lemons, mint, basil … the list goes on. Try using hanging baskets if you’re pushed for space.

Often you don’t even need to invest in any seeds: simply harvest them from your store-bought fruit and veggies. There are YouTube videos that show you exactly how-to. This way you get your usual haul, without spending an extra penny.

4. Dill with it

In the vein of edible DIY, why not get pickling and preserve some cash? Make your own delicious pickles, chutneys or jams and give them away as Christmas gifts to your nearest and dearest, and save yourself a bundle on gifts.

You could also sell them at a festive fair, or at your local farmer’s market, and make a tidy profit.

If you consider yourself more of a baker, you can do the same with cakes, cookies or savoury treats. Be aware that they don’t have the same shelf life; so make sure you check the rules of wherever you want to sell them before you don your apron and whip out your rolling pin.

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5. Tweet yourself

If you have a substantial Twitter following, you could be paid for tweeting sponsored tweets.

You can find potential clients on sites such as PaidPerTweet and SponsoredTweets.

6. Flog your blog

There are a few ways to make money from blogging. For example, you can include ads in your blog or you can use your blog to promote other ventures.

Why not start one today? Starting up a blog is easy; Squarespace and WordPress are but to name just two potential website builders.

If there’s something you’re passionate about, write it down. Make it innovative, informative, evocative or just downright hilarious. Spread the laughter: spread the wealth.

Or make people cry. People read sad blogs. You could write a blog about politics.

7. Fire up your finances with some Kindling

It’s free to publish a Kindle eBook online; start from scratch, or just compile your blog posts.

If you’re something of a wordsmith, you’ve nothing to lose in putting it out there.

8. Monetise your quirk with Fiverr

Do you do a perfect Donald Trump impression, give great relationship advice or fancy yourself as a bit of an amateur witch? Then you could sell your services on Fiverr.

Fiverr is the place where you can sell almost any service, starting at $5. Seriously, nearly anything goes: from spell casting to legal writing, prank pulling to web design, people with a skill can market it on Fiverr.

9. Get snap-happy

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Are you a budding photographer? Why not sell some of your photography to stock websites? It’s not exactly the most lucrative industry, but it’s easy and free to do, and you’ll have some fun in the process.

10. Don’t stop retrieving, hold on to that feline

Love animals? Why not become a part-time pet-sitter? You could make a small fur-tune.

Dog walks are good exercise (remember those endorphins) and you get to spend time with some fluffy friends and help out people who may be less able to exercise their animals themselves. Can you feel the love?

And you can work this around your standard work schedule by doing early mornings, evenings or weekends.

You can also be an overnight or holiday sitter. Looking after fur/feather/scale babies in peoples’ homes can actually pay pretty well. There are sites like Aussie House Sitters, MadPaws and Happy House Sitters that you can sign up to for this kind of work.

11. Go Nanny McFee

a) Do you like children? Babysitting and nannying can be pretty lucrative. Parents have all sorts of commitments and often they need a helping hand that they’re willing to pay for.

b) Do you have children already? Would the addition of one or two more for a few hours at a time potentially not scatter your marbles much further?

Think carefully about this one. This is meant to be a fun list.

12. Play for pay

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Did you know you can stream yourself playing video games? You don’t even need to be good at it; all you need is a personality.

Sites like Twitch are free to sign up to, and if you create a persona for yourself that people want to watch, you can make money through clicks to advertising on your videos, or add links yourself and monetise those clicks.

13. Get paid to be appy

Companies like Ping Pong Digital Testing are free to sign up to, and you can be paid for testing out apps for startups.

All you have to do is sign up and wait for an email invitation to participate in a web-chat while you test out the site. It’s that easy!

14. Face it till you make it

Sites like Upwork and Freelancer can be useful, but depending on your skillset, they can often be difficult to find work with. Plus, when you do find work, you see a hefty chunk of payment vanish into their commission fee, and then more into withdrawal fees.

Join Facebook groups that reflect your skillset and interests, use self-promotion and message people directly to attain work (just be careful to write up an agreement with your client before starting on a job).

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Learn more about bank accounts

How do you transfer money from PayPal to a bank account?

Transferring money from PayPal to an Australian bank account is simple. Just follow these three steps:

  • Go to your Wallet
  • Click ‘Transfer Money’
  • Follow the instructions

The money will take three to seven business days to reach your bank account.

Once you’ve made the transfer request, it can’t be withdrawn.

How can I close an ANZ Bank account from overseas?

There are two ways you can close your ANZ Bank account from overseas:

  • Call +64 4 472 7123 (toll charges apply)
  • Send a bank mail request via ANZ internet banking

Which bank is best for business accounts?

Unfortunately, there’s no definitive answer to the question of which bank is best for business accounts. That’s because ‘best’ will differ from customer to customer, depending on their unique circumstances. These include not only your company’s financial position, but also its size, its age and the sector in which it operates. Another factor to consider is what features you want in a bank account. Your business may require different features than another business; and your business may require different features tomorrow than it does today.

The best thing to do is to thoroughly research the market before opening a business account. And when you do open an account, you should reassess your options every year or two, because the market moves quickly. A particular bank might offer the best account today, but be surpassed by one or several rivals tomorrow.

Can you deposit money into somebody else's bank account?

One of the easiest banking tasks in the world is depositing money. You can even deposit money into someone else’s bank account if you wish.

The basic information you need to deposit money into a third-party bank account is:

  • Payee’s name
  • Bank, building society or credit union (though this isn’t necessary)
  • BSB (or bank code, which is the branch identifier)
  • Account number

Including the name of the financial institution isn’t necessary – particularly with online banking – because the BSB will identify this for you.

A handy tip is to record yourself (or add a personal message) in the transaction description or reference. This will show up on the recipients account, letting them know who’s paid them the money.

Can I link a bank account to Paypal?

Paypal is a safe and convenient way to pay online without the need to share your financial details. You can send and receive money or accept credit and debit cards as a seller using Paypal.

It’s easy to link your bank account to a Paypal account and start making transactions within minutes.

To start, you first need a Paypal account (it’s free to join). When setting up your Paypal account, you will be prompted to link a credit card or bank account (or both if you wish).

PayPal works without a balance; you can use Paypal to shop or send money when your balance is zero.

When your Paypal balance is zero, Paypal will ask you to choose your preferred payment method at the checkout.

This could be either your linked bank account or credit card. Your bank details can be updated if you change banks or credit cards.

How do I open a bank account for a child?

There are few better ways for a child to learn about money management than through savings. And there’s a plethora of bank accounts designed specifically for young people and children.

A bank account for a child can be opened online, over the phone or in a branch in a few easy steps. The minimum age a child can open a bank account for themselves usually ranges between 12 and 14.

If the child is too young to open the account, you can do it for them as their legal parent or guardian. 

To do this, you would need to be over 18, have an Australian residential address and currently reside in Australia (or have proof of residency).

You would also need to provide:

  • Identification for yourself and the child
  • Your tax file number (TFN) or TFN exemption

Depending on the bank account, you might be able to choose what level of access the child has to their bank account (online and via the phone).

How do I open a bank account if I'm under 18?

The good news for savvy young folks like you wanting to take charge of your finances is that there are many bank accounts available for under-18s.

For bank accounts that require you to be 18 or older, you’ll have to rope in a parent or guardian to open the account for you.

Otherwise, you can apply by yourself online or at the branch of the bank, credit union or building society that has the account you would like to open. 

If applying online, you might be asked for a form of identification. For under-18s, this could be a Medicare card you’re listed on, your birth certificate and/or your current home address.

In most cases, you can verify your identity online (at the time of applying) or at the branch afterwards.

How to transfer money to another bank account

Transferring money to another bank is often called a bank transfer, and it can be done a few different ways.

Customers generally need three pieces of information to transfer money to another bank account. Customers need the account name, BSB and account number of the account they wish to transfer money to.

One way of transferring money to another bank account is in a branch with the help of a staff member; they will often give you a receipt as well as confirmation of the transfer.

Transfers can be also made via internet banking and phone banking.

Some banks also allow customers to make transfers via partnered ATMs, especially if the account is with the same bank.

Can a debt collector garnish my bank account?

A debt collector can garnish your bank account, but only with a court order. This drastic action is usually taken only if you’ve ignored several notices asking you to pay the debt.

If this happens, there is nothing you can do to stop it other than immediately pay back your what you owe in full or make arrangements to pay it off in installments.

Once a garnishee order is issued, your bank will put a freeze on your account as it processes the order. This usually takes two to three days and you won’t be able to access any of your money during this time.

If you have Centrelink payments, they may be protected, depending on what the court order says.

Can the government take your money from your bank account?

There are some instances when the government can take money from your bank account. This generally occurs in situations where you have an outstanding government debt.

Before it can take money from your bank account, the government authority owed money would first need to issue a garnishee notice. 

A garnishee notice is issued by the government agency (such as Centrelink or the ATO) to a third party that holds money for you or owes you money.

To take money from your bank account, your bank would be issued with the garnishee notice requiring it to pay ‘your money’ to the requesting agency to satisfy the debt.

Can debt collectors take money out of your bank account?

Many people find themselves struggling to cope with debt at one time or another. In these cases, a debt collector could contact you to demand payment for a debt, to explain the consequences of you failing to pay a debt, or to organise alternative payment arrangements.

If you’re contacted by a debt collector, you may be wondering what their rights are and whether they can take money out of your bank account.

Creditors cannot access money in your bank account unless a court order (also known as a ‘garnishee order’) is made to allow creditors to recover debt by taking money from your bank account or salary.

If this happens, the creditor can take money out of your bank account unless you pay the debt in full or make an alternative payment arrangement such as paying in instalments through the court.

How do you deposit change into your bank account?

One way to deposit change into your bank account is to visit a branch. Many lenders will also allow you to deposit your change through one of their ATMs.

Can you find your bank account number online?

If your bank offers online services, you should be able to find your bank account number online by logging into your account on your bank’s website and checking your details there.

Keep in mind that each type of account you have with a bank comes with a unique account number. This means if you have a bank account as well as a savings account, for example, your bank account number and your savings account number will be different.

If you don’t have access to your bank account online or can’t login, you should be able to find your account number on a mailed bank statement, if you have one.

Alternatively, you can call your bank’s customer service number or visit a branch to retrieve your account number.

How do you delete your bank account from PayPal?

Deleting your bank account from PayPal is a simple three-step process:

  • Go to your Wallet
  • Choose the account you’d like to delete
  • Click ‘Remove bank account’