Making Some Extra Cash

Increasingly people are turning to the sharing economy to try and supplement a shortfall in their income. The sharing economy allows you to use resources and assets that you already have to put more money in your bank account at the end of every month. Below we look at some of the ways you could earn extra cash right now!


Uber connects a driver and passenger for a reasonable fare
Do you have a smart phone and a car? You could be making money through Uber right now.
Uber was founded in 2010 and now operates across more than 45 countries, it is probably most well-known part of the sharing economy. All you need to get started making money on Uber is a car that meets the required criteria and a smartphone. Some Uber drivers have been making so much that they have even given up their normal jobs just drive their car around! You could easily supplement you income with hundreds of extra dollars every week. Download the app!


Airbnb connects people with places to stay for cash
Do you have a spare room? Or are you going away for a while? You could rent out the space for a long or short time for as much as you choose on Airbnb. You can rent you whole place or just a room, it’s up to you. It can be a great way to earn some extra cash each week and meet some new and interesting friends.Check out Airbnb here. 

Open Shed

Open Shed lets people share items that are laying around in their shed
You know that pressure washer that lays in your shed and never gets used? What about that lawn mower you only use once a month? Well, you could be using these items to make money right now. Open Shed connects you with people who need equipment and are willing to rent it from you. There are about 5 million users in Australia so no matter what you have to offer there is bound to someone willing to give you cash to borrow it. Open Shed can also be a great alertnative to buying something you might only need to use once or twice. Like Open Shed says "Why buy when you can share?" Check out Open Shed here.


Airtasker lets people with skills sell them for cash
Are you a handyman or do you know things about computers that other people don’t? You could be helping people out on Airtasker for some extra cash. You don’t need to have any formal qualifications you just need to be able to help the person out with the job they ask for. Sometimes it might just be helping the person around the corner move some boxes. In your spare time you could help people whilst making a few extra dollars along the way! Check out Airtasker here.


Still need a cash boost?  Apply for a Ferratum microloan today.