5. Rent Out Your Stuff
Even if you aren’t ready to part with an item you may use occasionally, there is still the option to rent it out instead. The Shareconomy, as it has been called, has launched many a startup and small business in the last few years. You can rent out a spare bedroom on AirBNB, rent out household items to neighbors on Neighborgoods or Loanables, and even rent out your car with RelayRides. While these sites usually take a commission or fee, the opportunity for consistent side income makes it worthwhile.