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You can make extra money in 5 easy ways

Image Credits: UnsplashImage Credits: Unsplash
  • The rise of the gig economy in Malaysia is reshaping traditional work models, offering flexible and diverse income opportunities through digital platforms.
  • Engaging in side hustles not only provides financial independence but also fosters community connections and promotes sustainable practices.
  • Sharing skills and talents through tutoring or culinary ventures enriches both the provider and the community, encouraging lifelong learning and personal growth.

The increasing community of aspiring entrepreneurs, including the gig economy and online resellers, has forever altered the landscape and notion of "work" for Malaysians.

In recent years, the traditional 9-to-5 job model has faced significant disruption as more Malaysians seek flexible and diverse income streams. This shift is not only reshaping individual career paths but also influencing broader economic trends in the country. The rise of digital platforms has democratized access to entrepreneurship, enabling individuals from various backgrounds to explore new business opportunities without the need for substantial capital investment.

The potential to become self-employed virtually instantly using an app is a paradigm change that should not be underestimated or overlooked. From e-hailing drivers and delivery businesses to internet markets, there are several chances for individuals who can afford to join.

Moreover, this entrepreneurial wave is fostering a culture of innovation and creativity among Malaysians. As more people engage in side hustles, they are discovering new ways to leverage their unique skills and interests, leading to the development of niche markets and services. This cultural shift is not only enhancing individual financial independence but also contributing to a more dynamic and resilient economy.

Here are five simple side hustles you may start this weekend. All you need is a little forethought and a phone to get the word out.

1. Sell pre-loved items.

Many houses have extra stuff laying around or put away. Refurbishing, upcycling, or repurposing them for resale can revitalize them while also providing fast cash.

The environmental benefits of this practice are also noteworthy. By promoting the resale of used items, individuals contribute to a more sustainable economy, reducing waste and encouraging recycling. This aligns with global efforts to combat climate change and promotes a more eco-friendly lifestyle among the community.

Dusty clothing, shoes, or gadgets Spread the word about an in-person garage sale, or utilize simple services like Facebook Marketplace and Carousell to post and sell stuff.

2. Offer light labor services.

Consider lending a helping hand to those in need: children, elders, the disabled, or anybody else who could need some assistance. In addition to earning extra income, offering light labor services can foster community connections and build a network of trust and support. These services often fulfill essential needs within communities, providing assistance to those who may not have access to such help otherwise. This can lead to lasting relationships and a sense of fulfillment beyond monetary gain.

Car washing, cleaning or organizing homes, and even constructing furniture can be both relaxing and profitable. If you prefer animals to humans, pet sitting or dog walking can be a nice option that also allows you to get some exercise.

3. Rent some items.

It's time to put those dusty power tools and DIY supplies to good use. Power washers and cordless drills, as well as ladders and tool sets, are goods that are rarely used, thus someone may want to rent them. Specialty attire or costumes, as well as extra furniture, could be used to satisfy the temporary needs of someone hosting an event. Renting out technology like cellphones, tablets, and laptop computers can help you earn extra money. These could be useful in an emergency or for someone who has had theirs stolen or lost.

4. Share your abilities.

Everyone has a talent or ability that is slightly superior to someone else's. Tutoring is an excellent option for students who excel academically or have a particular skill set, such as programming or coding, to supplement their income.

Share your knowledge by teaching people how to cook or beginning a local food business. Those with the skills could teach others how to make a popular meal, paint with watercolors, or play an instrument. This exchange of knowledge not only benefits the learner but also enriches the tutor's experience, allowing them to refine their skills and gain new perspectives. The educational aspect of sharing abilities fosters a culture of lifelong learning and personal growth, which is invaluable in today's rapidly changing world.

5. Fill some stomachs.

Eating is essentially a national hobby, thus one's latent culinary talents may have gone uncovered until now. Preparing meals for busy people or creating a vegan meal plan for the health-conscious are just two ways to get started. Share a secret family recipe or invent the next dessert portmanteau (cronuts, anyone?) to satisfy the gourmet community's need. And, with so many delivery and food apps available, anyone can create and promote a culinary side venture.

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