What Is The Sharing Community
A financial term that has been bandied around a lot during the last few years is the sharing community. If you have heard it before, but you are not entirely sure what it means, it basically refers to sharing resources and services, usually through the internet. With so many platforms springing up and experiencing a huge amount of success (just think about Airbnb and Uber), there are a number of ways of utilizing the sharing economy to your own
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With so many platforms springing up and experiencing a huge amount of success (just think about Airbnb and Uber), there are a number of ways of utilising the sharing economy to your own financial benefit. Here are just a few of the ways you can do it.
One of the original internet pioneers eBay has been around for over 20 years now, but now, a whole host of apps have sprung up to allow you to sell your things. You could suddenly decide – I want to sell my house fast – and the internet has provided a tool to do this.
If you don’t want to sell things, you could always rent things out. For example, if you have valuable items like tools or designer clothes, you are likely to be able to find people who want to rent them for a short period of time.
If you have a room in your house that you are not using, you could consider renting it out to bring in some extra cash. If you need that money on a regular basis, a long-term lodger is what you will be looking for. However, you may be wanting to rent out your entire home while you are away on holiday. Living in a desirable tourist destination or city centre will obviously make it more likely for you to find a renter.
However, you may be wanting to rent out your entire home while you are away on holiday. Living in a desirable tourist destination or city center will obviously make it more likely for you to find a renter.
If you have a car that isn’t in constant use, you can connect with other people who are looking to rent it out. Obviously, you will need to have the right insurance in place as this is quite a level of trust that you are putting in other people! Alternatively, you could consider giving people rides either through apps like Uber or through BlaBlaCar, depending on whether you are willing to take people where they want to go or you just want to offer rides on your planned journeys.
Your Parking Spot
Whether you live in a big city centre or nearby to some key transport links, people may well be willing to pay good sums of money for your parking space. If you have a space that you are not using at all then this is literally money for doing nothing. If you need your car for work, you may well find that commuters just need your space during the day anyway.
You can also offer your own skills online to make a bit of extra money. For example, if you speak a foreign language, you could give lessons over Skype. People are also willing to pay for a handyman (or woman) or just someone to do odd jobs for them around the home. There are a ton of ways to start engaging in the sharing community and make money.