10 Ways To Make $1,000s Risk-Free(ish)- Part 1
High RoT. Low Risk. Pull a fast one on the man.
By now, hopefully you know the game plan.
Get a high paying job
Spend less than you make and invest heavily
Get side incomes & businesses
Scale/Sell/Add another
Grow generational wealth
The tried and true method to real wealth is some combination of the above. Sure some people get it by ‘luck’ - lucky to be born into wealth or win some gamble - but if you follow the above you have the best chance of success.
This post isn’t going to talk about all that.
Sometimes, life gives you the ability to have some non-scalable, high-Return-on-Time (RoT) opportunities that can give you a non-immaterial amount of money. (What is RoT? Click to read all about it)
And these ideas are not only high RoT, but most are risk-free. You make money and there is no expense to you.
Non-scalable = Limited ability to implement due to logistics, time, or availability
High RoT = A high dollar per hour rate
Non-immaterial amount = Not a windfall, but not nothing
Now these types of lists are out there when you search. But most of them suck. Either they are talking about part-time work (free lance, blog, dogsit, uber, etc) or terrible investments of time (take surveys to make $1 an hr).
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F39b64a7e-edea-4be1-8653-ad0d35f5b122_1028x322.png)
This isn’t one of those lists. (Seriously - online surveys for money is negative value add - do literally anything else with your time)
This post is full of low-hanging ways to make a little extra money as you move through your day-to-day. Each one of these may have limitations for use, but you can stack them and suddenly the money you are making is a little less immaterial. If you make $100-$1,000 a month using the below, you have hit 5-figures of additional cash flow in a year.
And that is a low-ball for how much you can actually add to your annual cash flow. There are people making 5-figures a month using some of the below methods.
I won’t lie - it takes some leg work to scale up to some bigger numbers, but if you are looking for a low effort way to make decent money, a lot of these can be done with a few clicks and a few minutes a day. And some of them take almost no additional effort outside of setting up an account.
I Made Some $$…Now What?
Everyone has their own goals in life.
For some of you, making an extra $1k to spend for no effort is enough.
Others may be in debt and want to apply the extra cash to paying down your bad debts faster.
But even if you are in a good financial spot, you can use this to start/scale/grow your side incomes.
The first 2 are pretty self-explanatory, but let’s dive into the latter. This is where making some extra cash can be life changing.
If you really want to get out of the W2 world, you want to focus all your excess money into your side business. Take the cashflow from the below 10 items plus the extra income from your day job and go all-in on your dream.
Personally, and I will assume a good amount of you reading this, are likely keeping a foot in each world - doing the corporate grind and building on the side for extra money. I view the day job as a safety net - max out my retirement while earning more than my cost of living. If none of the side income amounts to much, I still win with this regular grind just over a longer working career.
Having extra thousands of dollars a year to use on side income and extra investing helps as it allows me to segregate my money. W2 goes to the normal financial stuff, and all the extra money goes back into the side incomes until/if one takes off and earns the right for more focus.
However you want to handle it, there is no wrong answers.
But we can all agree that making more money is financially beneficial, and doing so with a great return on your time spent is even better.