What would you do for $5, $10, $20, $50, $100?
Making Extra Cash
by Nathalia Aryani
|Doing Surveys for Money|
We all could use a little extra cash from time to time. With skyrocketing unemployment, the recession economy has created a new marketplace where people are buying and selling services for $5 flat per "gig." Gone are the days of astronomical rates and tedious bids, at least for simple projects.
Fiverr, founded in February 2010, is the pioneer in this market. You may be an expert at something or willing to do certain things that others can't or won't. You may be looking for a service on the cheap. If you own a business, you may be looking to outsource a task or upsell a service.
Here's how it works. You create a seller account, profile, and gig. When someone orders your gig, he or she will pay $5 when the project is completed. Fiverr takes a clean cut of $1 per payment received. Paypal charges a nominal service fee when you withdraw your money. If you do a good gig, buyers can post positive feedback, which will boost your rating as a seller just like eBay.
Take a look at these smart, creative, fun, quirky, crazy, silly, interesting offerings:
- Carve a message on the sand
- Craft an ebook cover
- Create a Youtube video
- Design a logo
- Develop a slogan
- Do a voiceover
- Draw a cartoon
- Invite Facebook friends or tweet a message
- Read a tarot card
- Send a postcard
- Set up a blog
- Sing a song
- Text to a cellphone
- Translate a foreign language
- Write an article
On the other side, Fiverr has its own critics. There are professionals who oppose the concept of micro job sites and believe that their services are worth far more than a mere five bucks. What do you think? Have you purchased or sold a gig?
The inception of Fiverr has brought on competitors, but with a tweak. These alternative sites set the rates at $5, $10, $15, $20, $25, $50, and $100 to allow for more opportunities and flexibility. There are even those that use odd increments, such as $3, $5, $7; $4, $9, $19; $8, $16, and $24. And there are sites that have affiliate programs. They don't have the volume of traffic, number of jobs posted, or brand name recognition that Fiverr has, but are gaining popularity.
Check out these potentially money-making (or saving) sites:
Nathalia Aryani is a business manager, foreign language translator, lifestyle/travel writer and film columnist. © Nathalia Aryani.
Take the Next Step:
- For more ways to earn some extra cash, please click here.
Share your thoughts about this article with the editor: Click Here
Debt from my past is preventing me from saving for my future! Tell us: Yes, debt is hindering my ability to save and I could use help dealing with it! or No, debt is not a problem but I am trying to get ahead financially!
More Money Tips & Tools
- 10 places to look for $500 in savings
- 9 savvy strategies to save for a rainy-day fund
- 5 big bills you can cut fast
- Money-saving secrets of the rich and frugal
- It's NOT the $4 cup of coffee keeping you broke
- How to get your side-hustle going with crowdfunding
- A variable income budgeting strategy for the seasonal worker
- This week's Readers' Tips