Other Ways to Make Some Extra Money
1. Kijiji // Facebook Market
At the beginning of 2020, I thought of ways of making some extra cash in my spare time. One of them was flipping products on Kijiji and reselling. With the money I was making, I took on the risk on buying products that were low on the market and reselling them. Strategies that I used
- Making sure that the Kijiji profile was a legit person // Has a profile of at least more than 6 months to 1 year active on Kijiji
- Meeting up with the person in public places such as (Tim Horton's, Starbucks, Second Cup, Any Coffee Shop)
- Making sure I do my research and that the product that I was buying could be Flipped
The first phone that I bought was a Pixel 3A that I bought for $400, since I wanted a quick sale I sold it for $440.
Below are the results after 3 months of buying//reselling
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As you can see there are risk involve in buying and reselling, however it could be profitable once accumulate.
**Tip There will be certain regions that you can buy or sell for different prices,
(Buying in Ottawa and reselling it in Toronto)
What I can suggest you is that do research products // service you have knowledge and passion about. It will make the process easier for you to profit !
Below is a post from Electflip from Reddit
Where he made of $5010 just by flipping electronics!
**Tip There will be certain regions that you can buy or sell for different prices,
(Buying in Ottawa and reselling it in Toronto)
What I can suggest you is that do research products // service you have knowledge and passion about. It will make the process easier for you to profit !
Below is a post from Electflip from Reddit
Where he made of $5010 just by flipping electronics!
2. Banking
Financial Institutions are always offering promotion to join their bank. (For Example TD is offering people $300 to join their bank, While RBC is giving out free apple earbuds)
Certain conditions applies, usually you must fulfill the requirement and then they will credit you the money to your new account.
Certain banks also have referral programs where all you have is referral your friends // families and you can earn some extra cash.
At the moment Tangerine is offering $50 per referral !
If you are interested in joining Tangerine use my orange code "55129059S1" and you will get an extra $50 when you sign up !
Financial Institutions are always offering promotion to join their bank. (For Example TD is offering people $300 to join their bank, While RBC is giving out free apple earbuds)
Certain conditions applies, usually you must fulfill the requirement and then they will credit you the money to your new account.
Certain banks also have referral programs where all you have is referral your friends // families and you can earn some extra cash.
At the moment Tangerine is offering $50 per referral !
If you are interested in joining Tangerine use my orange code "55129059S1" and you will get an extra $50 when you sign up !
At the moment you can also make an $200 extra cash by doing these simple tasks
- Have your eligible payroll direct deposits deposited into your Tangerine Chequing Account within 60 days of successfully opening your Account. Your $200 will be paid after the first 3 consecutive months of payroll direct deposits. OR
- Set up 2 eligible recurring pre-authorized payments of at least $50 each with the first withdrawal for each occurring within 60 days of successfully opening your Account. Your $200 will be paid after the first 3 consecutive months of both recurring pre-authorized payment withdrawals.
Make some extra money by opening up a new bank account and referring your friends and family. With Tangerine I have made $550 + $150 literally doing nothing just by following the steps on Tangerine website.