New moneymaking websites like Etsy, Poshmark, TaskRabbit, and Airbnb have created tremendous opportunities: These online marketplaces let you sell, rent, or do freelance work directly for others. But how much money can you really make?
The Sharing Economy
It used to be that if you had stuff to sell – anything from homemade crafts to handyman services to renting out your boat – you’d list it in the classified ads. That’s changing – fast. Just as online classifieds like Craigslist spelled doom for newspaper ads, newer sites and apps threaten Craigslist by providing what Craigslist doesn’t – a community where both buyers and sellers are rated by other users, and where service providers are often background-checked and insured.
But what’s really changed is the efficient sharing of resources: Only use your car 30 minutes a day? Why not rent it out the rest of the time through a site like Getaround? And how often do you really use that Skil Saw? Name your rental price on SnapGoods.com. ThereRead More »from New Ways to Avoid Getting a Real Job