The Sharing Economy: 3 lazy ways to make money
A guest post for GoGet from finder.com.au – by finance writer Elizabeth Barry
Sharing is one of the earliest lessons you learn as a child, and now, thanks to the wonders of technology, it’s a lesson that many people are relearning as adults. Even if you haven’t heard of the “sharing economy” you will have definitely heard of some of the success stories that have come out of this market. Airbnb and Uber are two of the most well-known examples.
But outside of these two companies, the sharing economy is flourishing. If you’re looking for some easy ways to make extra cash that don’t require any extra effort on your part, there are quite a few options to consider.
We rounded up three sharing economy platforms that you can use to earn an extra income without being put out.
With more people living in apartments and house prices skyrocketing, space comes at a premium for many people. If you have a space that you don’t need, or that you just want to make a little bit of money off, you can list it on Spacer for people to rent out as storage space.
The space can be a parking spot, a storage area, or even a space for commercial storage. A quick browse through Spacer’s listings brings up an entire rumpus room for rent. You can make from $29 a week for a parking space or from $37 a week for a self-storage area.
People just need to be able to access your space, so the only effort would be giving up a swipe pass or key if necessary.
How many times have you made a big purchase only to use it once and then never look at it again? OpenShed gives you a way to put your purchases to use. It lets you list items such as gardening tools, home appliances, camping and car accessories and more for neighbours to rent. You can list whatever you like on the platform if you think someone else might have use for it.
The platform is meant to be a “neighbour-to-neighbour” transaction, with both parties meeting to exchange the item, which is covered by a $1,000 guarantee.
Not bad, right?
Caravans can be notoriously expensive and sometimes they’re hardly ever used. If you own one and don’t use it as your primary residence, you are only using it when you’re on holidays. This makes for a very costly vehicle sitting in your garage.
Enter Camplify. This platform lets you rent out your caravan or motorhome for free to people looking to rent it for a holiday. The site claims that you can earn between $280 to $2,100 per week, depending on the type of vehicle you have.
So, if you’re looking for some extra cash but you don’t want any new roomates or don’t have the time to become an Uber driver in your spare time, there are still a lot of ways to earn surplus cash with the sharing economy. Just find the platform that works for you.
Elizabeth Barry is senior writer at finder.com.au. She regularly writes about – and has a passion for – innovation, fintech, and issues facing small businesses.