Ways to Earn Money without having to Spend Money

by Klaus on January 23, 2012

in Articles

In the business industry, the saying “You have to spend money to make money” is the first thing that any business-minded person would surely put into practice.  Here are some of the most common instances which prove that this saying is true:

  • You have to put money in a savings account so that you can earn some interest on it.
  • You have to invest money into a stock market and try to make a good return on it.
  • You have to spend money to start a business in order to make a profit in the future.

All of the scenarios stated above are considered to be the “norm” for many people.  However, what about trying to make money even if you have no money to spend with in the first place?  Is that even possible?  The answer is YES!

Thanks to the technological age that we live in right now, the Internet has proven to be our important source of not only valuable information, but also extra income.  With the help of websites such as OLX classifieds, we can legitimately earn money without having to spend anything! OLX is a company that was established in March 2006 by Internet entrepreneurs Alec Oxenford and Fabrice Grinda.  It is now considered to be one of the biggest free classifieds website in the world.  According to Wikipedia, it hosts free user-generated classified advertisements for urban communities around the world and provides discussion forums sorted by various topics.  It provides you a simple solution to the complexities involved in selling, buying, trading and meeting people near you or wherever they may be in the world!

Ways to Earn Money without having to Spend Money (with the help of OLX):

You could create something that you can sell to others

If you have a creative mind, you may try developing products that you think other people would want to buy.  The possibilities are endless – from t-shirt printing, photography, crafts making to innovative home improvement products.

You could turn any of your possessions into cash

This is perhaps the most basic and easy way to make money without having to spend anything.  You could put up a garage sale or post some items up for sale at OLX.com.  Lots of people who greatly care about saving money and do not mind owning pre-loved stuff turn to buying used items such as furniture, clothes, cars, gadgets, toys, video games, collectibles, etc.

You can provide a service

In the early days, it is very common for young people to offer services to others in their neighborhood in exchange for money.  Such services may include babysitting, tutoring, cleaning the house, walking the dog, doing errands for elderly people, etc.   These kinds of services are still in high demand right now wherever you go, and the rates can be pretty good too!

Or if you have a knack for writing, you could also offer your services to those who are potentially looking for online writers, and you get to enjoy working at the comfort of your own home while trying to earn some extra money.

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Comments & Leave a Comment

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{ 31 comments… read them below or add one }

Adeline January 23, 2012 at 11:39

Interesting way of making money without spending any. I hadn’t thought of trying the classifieds before.
Adeline recently posted… How to Download YouTube Videos Using GreaseMonkey Script

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Dev January 23, 2012 at 14:02

That’s an interesting way of putting it, but at some point no matter what the business is you have to invest to make it grow in the form of marketing or anything.
Dev recently posted… Job Hunting Tips For Freshers

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Raes January 23, 2012 at 17:53

Hmm, are great tips to make money “easily”. Especially the last topic, we’re always helping neighbors, friends, acquaintances and the like, with some problems to solve basic and easy. great post.

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Kit January 23, 2012 at 20:33

Surely provide some services to people around is that infrastructure is one of the best things he has. Because people trust you already know it by, and this is beneficial because it will always ask you to do it if needed.
And make our goods in cash, sometimes it’s kind of hard, especially for me, I easily delete the material things, but eventually got rid of them. So I can only sell them.
Yes, it’s a great post.

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Scott January 23, 2012 at 21:21

I think the moral of the story is nothing in life comes for free. We all have to work for it, and it probably is a good thing that that is the way.

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Liz January 23, 2012 at 21:41

Didn’t know about OLX classifieds,…I’ll check it out. Thanks
Liz recently posted… Diamonds For Beginners – 8 Steps to Buy Your 1st Diamond

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Dan Keller January 24, 2012 at 04:20

never heard of olx but it seems to be worth checking out. Blogging is one of the best examples of a way to make money without investing money. You can start on a free platform, make money, then reinvest that money into a domain name and hosting and make even more money.
Dan Keller recently posted… Boost your Productivity with these 5 Amazing Apps for Android

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Pradosh January 24, 2012 at 07:27

Providing services through blogs is good. I considered it as viable option to make additional money with all experience besides advertisements
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Suraj Nair January 24, 2012 at 10:37

OLX is a platform where the use of agents are avoided. We could purchase or sell the products/services at the price we think is worth for the goods.

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Alex Braker January 24, 2012 at 10:39

Creating digital products and marketing it can be achieved without spending amount. First it has been created with the expert skills you have and there are great platforms to promote those digital products with use of classifieds or affiliate marketing programs like Clickbank.

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Olan Dantes January 24, 2012 at 13:42

I did not know about OLX until now. When it comes to online classified ads, Craigslist is the first thing that comes to my mind. Great tips though, thanks!
Olan Dantes recently posted… ASUS Transformer Prime Vs. Apple iPad 2

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vishvast January 25, 2012 at 11:21

hello nice tips to earn money while spending nthing thnx for this featured content nice post
vishvast recently posted… Samsung Galaxy S3: Galaxy S2 successor

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Swapnil January 25, 2012 at 12:13

great tips, i’d like to add art. create something that people would pay to see. Or blogging for instance

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Matt Kinsella January 25, 2012 at 14:11

Most people already have all the tools they need to start a small business all they really need is the right attitude and some confidence.
Matt Kinsella recently posted… Lucky

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Nicolas Cailot January 26, 2012 at 09:56

I think OLX is wonderful and I have been seeing its ads everywhere now. One thing that I want to ask is if anyone who is in other state is interested in buying your product then who will be responsible for the delivery?
Nicolas Cailot recently posted… Pourquoi nous sommes le plus gras des singes.

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Sonia Suri January 26, 2012 at 13:05

YEs,, But many of the classifieds are the not allowing all the features to use.. Espicially after registering those classifieds are ask to get pro account..

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Lewis Newton January 31, 2012 at 15:43

Thank you! I’m going to subscribe to your RSS Feed to be updated on your latest posts. I can also contribute some information since I know the topics that this blog covers.

Cheers,
Lewis

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Mr.Bhavesh February 1, 2012 at 13:58

I like your idea to earn money from OLX.I thought ,peoples are using classified website for spamming only but according to you,creative people can also use those classified website for generating money.
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nur hasan February 3, 2012 at 06:19

Thanks for share this nice information….

This is important, don’t forget that we live in the world where info quickly enhances the quality of our life. Make use of the Internet and search for income opportunity you need this type of info.

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Alan Smith February 3, 2012 at 06:24

Olx is the best medium for selling/promoting your products, services and anything online and for that you have to just sign up in this site and start to post your ads on it.

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ABDE May 11, 2012 at 15:03

gracias por el aporte, aplicare tus consejos . Saludos desde Marruecos

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Jack July 10, 2012 at 22:17

I think the best way to promote your products is posting them in clickbank.
There are too many website builders trying to make money by selling your products so, in a way, they will work for you.

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Pemba August 23, 2012 at 14:31

Nice tips to earn without spending. But if you take it in practically then its not impossible but quite difficult to implement. But then again, there is no harm in giving it a try, as it will cost one nothing.

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Frank Thomas August 28, 2012 at 16:10

I like the last part of this blog which determine the services where you can do babysitting.

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Amar Ilindra October 31, 2012 at 14:59

very informative article dude….I will try OLX ASAP. I wanna sell my old laptop
Thanks for sharing
Amar Ilindra recently posted… 10 Best Fitness Apps for Android Smartphone

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Umar Rana November 8, 2012 at 10:53

Great post. My elder brother invest in the field of stock exchange, earn hell of money now he is hand to mouth. After reading this post I realize some of mistakes which he commits in his business.
Umar Rana recently posted… IOS & Android Asphalt 7 Hd For Iphone Ipad Review

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saikrishna November 10, 2012 at 15:15

I tried almost all the ways to make money from Internet, But it is not that easy to make from Internet but i did not try this classified this method i will try now
saikrishna recently posted… How To Start Blogging – Tips For Starters

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saikrishna November 28, 2012 at 00:53

Olx is the best place to promote the affilate marketing and also best place for promoting and i think blogging is the only best way to easrn money from online woth out depending on others…Nice post! with great inforamtion bro
saikrishna recently posted… 3 Tips for Beginners to Setup Your WordPress Site

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Tiana Martin December 8, 2012 at 17:23

I think this would be one of the most secured earning method without spending. Great post…
Tiana Martin recently posted… Google Nexus 7 Vs Samsung Galaxy Tab 2

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john December 31, 2012 at 22:25

Really it comes down to doing something that you like to do and doing it better than everyone else! Great post – very easy to read.
john recently posted… Saltwater vs Freshwater Aquarium

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bep dien January 15, 2013 at 04:03

Surely provide some services to people around is that infrastructure is one of the best things he has. Because people trust you already know it by, and this is beneficial because it will always ask you to do it if needed.

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