There’s never been an easier time to earn some extra income or even launch a side hustle.
Thanks to the fast-growing ‘sharing economy’, you can now market products to large numbers of people over the internet – quickly, easily and cheaply.
The idea is to make money from things that would otherwise go unused, such as vehicles, bedrooms, carports, garages, clothing, bikes and skis.
You can even capitalise on cash that’s sitting idly in your bank account or knowledge that’s going unused in your head.
The sharing economy allows people to earn a second income or begin their own home-based business.
How? Here are five ways you can cash in.
Make money with your home
Make money with your vehicle
If you have a truck or van and you want to do some courier work on the side, you can register with uShip.
Make money with your possessions
If you’ve got a bike, surfboard, stand-up paddleboard, snowboard or skis gathering dust at home, you can rent them out with Spinlister.
If you’re a woman with an overflowing closet, you can rent out spare items with Style Lend.
Make money with your knowledge
Make money with your money
Instead of putting your spare cash in a savings account or using it to buy shares, you can invest it through what are known as peer-to-peer lenders or lending marketplaces.