PERSONAL FINANCE
Strategies to make more money with minimal investment.
There are many ways to make more money with minimal investment, whether you are looking to supplement your income or increase your wealth over time. Here are five strategies that you can use to make more money with minimal investment:
Sell your skills and expertise: If you have a particular skill or area of expertise, you can make money by offering your services on a freelance or consulting basis. This can be a low-cost way to make money, as you likely already have the necessary knowledge and experience, and you can often work from home or remotely. Some options for selling your skills and expertise include offering consulting services, teaching online courses, or writing articles or blog posts for websites and publications.
Rent out a spare room or your entire home: If you have a spare room or an entire home that is not being used, you can make money by renting it out through platforms like Airbnb. This can be a flexible and low-cost way to make extra money, as you can choose when to list your space and how often you want to host guests.
Invest in dividend-paying stocks: Another way to make more money with minimal investment is to invest in dividend-paying stocks. Dividend stocks are stocks that pay a portion of their profits to shareholders in the form of dividends, and they can be a good option for investors who are looking for a low-risk way to generate additional income. While there are no guarantees in the stock market, dividend stocks can provide a steady stream of income that can help you make more money over time.
Also read: 5 Reasons why women may be better savers than men
Participate in paid online surveys: If you have some extra time on your hands and you don't mind answering questions, you can make money by participating in paid online surveys. While the amount of money you can make through this approach is often fairly small, it can be a low-cost and easy way to make a little extra cash.
Monetize your social media following: If you have a large following on social media, you may be able to make money by partnering with brands and promoting their products or services to your followers. This can be a low-cost way to make money, as you likely already have the social media accounts and followers, and you can often work on your own schedule.
Note: There are many ways to make more money with minimal investment, and the strategy that is right for you will depend on your skills, interests, and resources. By taking advantage of the opportunities available to you and being proactive in seeking out new ways to generate income, you can increase your wealth and achieve your financial goals.
All set for vote counting in Jharkhand tomorrow; NDA, JMM-led alliances confident of winning
Watch: Australia star inquires Rishabh Pant about his next IPL team, gets 2-word reply
Shah Rukh Khan’s house Mannat was first offered to his industry rival…, but he refused because...
The Visionary Who Promises a Blue Sky for India: Holger Thorsten Schubart’s G20 Climate Speech
The Surge of High-End Living: Luxury Residential Market to Outpace Other Segments
FeFCon 2024 to be Held in Bangalore: A Premier Event on Fever Management
'That’s wild': Noida man turns cigarette butts into teddy bears in viral video, watch
London Airport evacuates passengers over security threat, thousands stranded
The World’s First Innovative Iron Supplement to Combat Iron Deficiency and Anaemia
Meet grandmother who became fashion icon after trying on her granddaughter’s clothes
IND vs AUS: Rishabh Pant joins Virat Kohli, Rohit Sharma in elite WTC list, becomes 3rd Indian to...
'All scripted drama...': Puneet Superstar allegedly assaulted by influencers in viral video, watch
Actress Ana de Armas caught kissing Cuban President Miguel Díaz-Canel’s son in viral photos
Oreshnik's Shadow: Will Russia's hypersonic missile force west to back down?
‘You’re So Beautiful’: World’s tallest woman meets world’s shortest woman over tea, pics go viral
Delhi-NCR Air Pollution: Consequences of GRAP-4 are drastic, may have adverse effects, says SC
Delhi-NCR Air Pollution: Schools likely to stay closed till..., check city-wise update
Maharashtra: 3 killed, 9 hospitalised after gas leak at fertiliser plant in Sangli
THIS farm is selling a cup of coffee for Rs 28000, but there's a twist, it is...
Chhattisgarh: 10 Maoists killed after encounter with security personnel in Sukma
Mukesh Ambani's SUPERHIT plan for Jio users, offers unlimited 5G access for 1 year for just Rs...
IND vs AUS 1st Test: KL Rahul's dismissal sparks DRS controversy in Perth Test
Dense fog, heavy rain predicted in these states till November 25; check here
Oreshnik Hypersonic Missile: Which nations are within its range?
Bihar teacher, principal reach school in drunken state; know what happened next
'I have faced a lot of...': Arjun Kapoor REVEALS his biggest fear amid break up with Malaika Arora
How millions of Indians may get affected due to US indictment of Gautam Adani in bribery case
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan says 'missing someone is okay but...'
After Bibles, watches and sneakers, Donald Trump is now selling autographed guitars, price is...
Delhi pollution: Air quality improves to ‘very poor’ category, AQI at...
Vladimir Putin's BIG threat, warns he could strike UK with new ballistic missile if...
Shillong Teer Results TODAY November 22, 2024 Live Updates: Check winning numbers here
Somebody misbehaved with Alia Bhatt on Highway sets then Imtiaz Ali had to...
Zomato CEO Deepinder Goyal reveals twist behind Rs 200000 job fee, closes application window
Days after Ratan Tata's demise, Tata Group's Rs 131000 crore company inks pact with ADB for...
WATCH: Woman makes Biryani with Parle-G biscuits, viral video fumes internet
Only train in India in which passengers can travel for FREE; check route, timings and more
'Justice for biryani': Parle-G biryani takes internet by storm, video goes viral
DNA TV Show: Why Gautam Adani charged with bribery and fraud in US
IND vs AUS: Records Virat Kohli can break during Border-Gavaskar Trophy
Diljit Dosanjh fans get angry over Ananya Panday's birthday post for her grandmother, here's why