Weekend Work - Earning Extra Money

SaberX on 23/12/2016 - 18:32
Last edited 23/12/2016 - 22:04 by 1 other user

Hi all,

Anyone got any good ideas for earning some side income/extra money over the weekends?

I work mon-fri in a full time professional finance role already, but with my current financial situation I would like some extra money on the side to invest or at least lessen the load for a couple of months. In that sense I figured a Saturday or sunday gig would be great, although back when I was in university the banks and finance firms would use someone for a couple of hours in the Saturday morning.

Unfortunately I can't find any trace of that now (and don't expect to given the current economic climate) and all I can find is display home hosting on weekends i.e. sat and sunday 12-5pm. Ideally if I could find a morning or late arvo and night time that would suit leisure time on weekends, but understandably I may need to make some sacrifices.

Ideally looking to avoid hard labour. Coming from a professional accounting and finance background a decent casual wage for some hours on the Saturday and/or sunday would be great. But my chances of finding say a financial planning firm or a stockbroker or other such professional finance firm requiring weekend workers is next to nil. I've figured I could do the display home gig, at least it's somewhat professional as opposed to say doing heavy labourious work.

Worse come worse I just stick with my current full time role, but the extra freedowm a couple of hundred bucks a week would give would be great. Planning for a wedding in one-two years so coupled with my mortgage repayment I've been itching to get some spare cash to invest (as shares investing has always been my interest).

Ideas for low upfront business or entrepreneurial work is also possible, but I just didn't have any ideas.

Cheers for any help/ideas. I'm Perth based btw (incase anyone is looking for a qualified Chartered accountant with a decent working brain for some hours over the weekend).

Education & Work

Comments

  • whooah1979 on 23/12/2016 - 18:37
    +1

    Ideally looking to avoid hard labour.

    i don't know what you do for a crust and how much you get compensated for your time. but hard labour on weekends like mowing and garden work net about >$60p/h.

    • AlienC on 23/12/2016 - 20:13

      I have always wondered this. How can people still be worried about presentation and grass when there are more important bills to pay.

      I guess vanity and status will always and still exist today.

      Damn rich people.

      • whooah1979 on 23/12/2016 - 20:29
        +5

        I guess vanity and status will always and still exist today.
        Damn rich people.

        it has nothing to do with being rich. many people can't physically or don't have time to spend an hour or two mowing, trimming and pruning in the sun.

        other people like tenants are required to keep the lawn in a good or fair condition. keeping a garden tidy is also a preventive measure against pests. i'm sure there are other goods reasons for having a well managed lawn and garden.

        • AlienC on 23/12/2016 - 23:02

          Hmm true I suppose. I guess I just had it that my grandparents used me as free labour for their big ass lawn once a fortnight so I have Vietnam flashbacks of it.

          Garden work is somewhat soothing though just hit when you are dead tired like any serious physical activity I suppose.

      • billdsl on 24/12/2016 - 13:32

        Also shows that you respect your property and the neighborhood you are in. For me its like self presentation, I wouldn't go to work in pj's and scruffy hair, why should the house/yard/gardens be different. You dont want to be the 'smelly kid in the class' of your neighborhood??

        • AlienC on 25/12/2016 - 12:44
          +1

          I wouldn't mind.. I did fart once at the beginning of I think third grade story time.. was funny as hell got told to go outside and air it out haha lul

          Also moneys.. social stigmas and faux pas don't exert on me much though I have yet to go outside naked because of the cops and public decency

          Wish Australia had some good fancy silky pants or kilts haha lol

          Comfortability over not comfortability

      • anastasiastarz on 28/12/2016 - 07:03

        Because not everyone is capable of DIYing it. From things like age, health, time, knowledge.

    • SaberX on 03/01/2017 - 17:22

      Haven't mowed myself either. I thought of this sort of odd task thing on airtasker but it seems a lot of these odd job handyman stuff is undercut by people for peanuts? Might have to do some research as to whether you really can make this much money? Would be good.

      haha hard labours good, guess outside work is my last choice as I do think of the skin health/sun thing - rather than the physical side.

  • Steptoe on 23/12/2016 - 19:12

    what are your limits?

  • CyberMurning on 23/12/2016 - 19:23

    best is to work in restaurant (good ones not some asian at food court for example)
    you'll get $ and free food.
    2 in 1

    • AlienC on 23/12/2016 - 20:07

      Can you say from experience also do you know any that do under the counter payment?

    • SaberX on 03/01/2017 - 17:20

      Not really after free food - plenty from living at home. I guess a café or restaurant is next best, was hoping for some ideas in terms of using my brain or office/professional jobs that could be done on weekend, as Chinese restaurant skills for example would earn me money but would be in the lower rungs of adding to my learning. Guess it would still be money?

  • modsec802 on 23/12/2016 - 19:46
    +5

    Do you have a newish car? Drive an uber

    • [Deactivated] on 24/12/2016 - 09:44

      Do you know an Uber driver who makes money?

    • SaberX on 03/01/2017 - 17:18

      Nope - 2009 civic (2008 MY) - I doubt this qualifies :(

    • SaberX on 03/01/2017 - 17:19

      And I thought Uber drivers were required to pay annual fees or membership? If I only look to do 2 or 3 hours on a Saturday or sunday I would be at a loss wouldn't I? and also most likely competing with other weekend warriors?

      • Frankenbeanie on 15/02/2017 - 11:33

        Your car should qualify easy for uber. I have the same car and it does fit the criteria but I am in sydney.

        Uber doesn't have an on going membership fee. they just take 25% cut from the money that you make. 10% goes to govt as GST.
        you are an accountant yourself and would know more than I do but you can claim all these expenses in your tax return which would eventually reduce your taxable income :)

  • the cheeky dropbear on 23/12/2016 - 20:06
    +1

    Get your RSA and work as a food and beverage attendant at events like the football games or racecourses.

    • anastasiastarz on 28/12/2016 - 07:06

      With that you'll need to get in with one of those staffing companies, they also look for promo models to do that sorta thing, if you're model standards?

    • SaberX on 03/01/2017 - 17:18

      Not a model :( and being male - probably no chance.

  • AlienC on 23/12/2016 - 20:10

    Honestly if you just want to use your mind albeit it is a lot of mental stress just code for a hobby.

    There are tons of small web development work still around on free lancing websites that might still be around.

    Otherwise do what the rest of us do.

    Work on your dream mobile or PC project that is within your limits and still somewhat valid and valuable in this day and age.

    There are tons of great ideas out there still untapped and not created yet all you really need is the most important things time hard work and well more time.

    • SaberX on 03/01/2017 - 17:17

      I haven't got any coding experience though so it doesn't seem like something I could make money off in the next few months to a year (after all who would hire someone on that experience)?

      The issue is any ideas of business or things to do so far either involve a ton of money or I just don't have an idea for a good business idea: I have the drive and entrepreneurial hunger to want to start something and run it for myself, but I can't find anything in terms of ideas, and most would require capital outlays etc, rather than a slow to scale approach i.e. small outlay, get some revenue, continue to churn.

      My other hobbies apart from my accounting skills/day to day job are largely money/finance related. I do enjoy money, finance and investment/all aspects of it - probably why I ended up doing a Bachelor of Commerce and into accounting. But I need money to trade or invest, and even then I am short on money with what I do have tied up in shares or lost in shares. Some harsh lessons learnt, I am sure I will make back as I am learning - but I still need more money before I can invest - so this isn't a solution. Yet!

      • AlienC on 04/01/2017 - 19:19

        Just remember that stock your investing in. is an idea and ox you are smarty weigh you can beat the middle man and become that idea a great example in your field woud be some sort of finance app or budget or tax app

        Me personally I am into games

  • berger on 23/12/2016 - 21:23
    -1

    Uber.

    If your car doesn't suit, buy a new or near new Yaris or corolla and turn the app on when you feel like it.

    • whooah1979 on 23/12/2016 - 21:39
      +4

      Uber

      sure, if op wants to work for minimum wage with no compensation for vehicle depreciation and other business related expenses.

    • Agret on 24/12/2016 - 01:51

      Uber? He said he wants to make extra money not just get to know people. Uber is total crap for the drivers.

      • billdsl on 24/12/2016 - 13:34
        +1

        So essentially Uber has come in, provided a metro only service essentially and stuffed up all of those that have invested in the taxi industry?

        Seems like a fail/fail :-(

        • whooah1979 on 24/12/2016 - 14:18

          Uberx claims that their drivers can earn up to $30p/h. That is gross. Their cut is 20%. Add depreciation + fuel + service + parts + insurance + rego + accounting + blah blah + tax. What are the drivers really left with?

        • Agret on 25/12/2016 - 03:05

          It's definitely stuffed up the taxi industry but at least the taxi licensing is cheaper now (whether that is a good thing or not…)

    • SaberX on 03/01/2017 - 17:15

      Car is 2009 model, can't really buy a new or near new car given I'm already looking for more money though.. :(

  • tomsco on 23/12/2016 - 21:34
    +1

    Bookkeeping?

    • SaberX on 03/01/2017 - 17:15

      Please see some of my responses to others below, my main issue is how to get 'started'. Being a qualified accountant I'm more than adapt at accounting, but the process of more day to day bookkeeping would require refreshing. And the issue is if I'm not working on client's online cloud based book keeping e.g. Xero, how do I get started when I can't charge per hour knowing I'm still relearning the ropes.

      I would be qualified enough to pick up the theory and mechanics of the software pretty quick, but not sure how to get started given I just wanted to pickup a few hours over sat and a few hours over sunday here and there initially (say $40/hr? which is pretty reasonable and would be a very low per hour rate of pay compared to my normal salaried job).

  • bluesky on 23/12/2016 - 22:02
    +4

    How about GST and BAS Statements for small companies (in addition to book-keeping, as tomsco suggested). Understand, you might have to get some certification to be a BAS agent, but worth looking into. These seem like natural extension to what you do in your day job (unless there are employment conditions restricting you from these activities on your own time).

    • SaberX on 03/01/2017 - 17:13

      I don't think you can lodge BAS statements and the like without being sufficiently licensed or qualified. Oh, sorry just read onwards, perhaps - but I think bookkeeping would be a good thing to 'do'.

      But as I mentioned to a poster below - my biggest issue is how to start off in bookkeeping. I was one of the first to introduce cloud based computing to my old accounting firm, and set clients up, but having moved on from accounting firm s(Public practice) I have been doing the accounting for a company for the past few years. My skills are more than qualified for bookkeeping, but the issue is those who have ads posted require someone who can pick it up on the go. For me, having been out of the 'game' for abit, I would not be as familiar and would need to get my head around the wheels of things. I almost need a guinea pig to give me their accounts to re-learn how to walk.

      I should be able to run pretty quickly, but it's that 'initial' step that I don't know how to take or get started on.

      • bluesky on 03/01/2017 - 17:28

        One possibility to re-familiarise with book-keeping is tutor Year 12 VCE Accounting. Of course, you have to spend quite a lot of time preparing - tutoring is a lot of work with very little cash returns, especially if you want to do a good job. But since your aim is to eventually do book-keeping for clients, this is a good way to reacquaint with the subject material.

        You may wonder why I did not just say pick up an Accounting book and read? Well, I find if you have to go through it, be able to explain it to someone else, can help the student do the excercises and so on, then you are really familiarising.

        Edit: Just read your later comment, if it is to do with familiarity with different accounting software, then my comment is not relevant.

        • SaberX on 03/01/2017 - 23:35

          Well tutoring accounting would be interesting, the hardest part is being adapt at accounting for the workforce and having the technical know how is one thing, whereas tutoring requires conforming to a syllabus and curriculumn which means learning concepts which I'm sur ei could pickup alot faster given my skills, but aren't used int he workforce (part of the reason work does not equal academic study in terms of what you learn).

          As you mentioned - yes I am generally familiar with accounting principles so bar specific topics that are academic in nature, I could most likely get along in book keeping from a technical pov pretty easily, it's just i need a company, work and the 'grunt work' to churn through say cloud based computing solutions like Xero - which would be ideal to freelance as i can work from a website from home. The issue is I don't know how to start given I don't have experience doing it recently so I am rusty.

          So it isn't so much competency, but familiarity and recency . I already work in the accounting/finance of a decent sized company so I would hope I'm qualified enough in that sense! Much better than paying a book-keeper, if I could just get some re-familiarization/work! The issue is anyone would pick someone who could do an hourly rate and get stuck straight into it, versus myself who doesn't even know how long it might take me.

  • [Deactivated] on 24/12/2016 - 07:10
    +1

    Turn a hobby into a job.
    Provide services for talents or skills you have. Start a business

    • SaberX on 03/01/2017 - 17:09

      The problem is all my hobbies don't apply. Either sports related or I love money, but I dont' have any more money to attempt to invest or 'trade'. I'd love to 'learn' but alas I have made losses in the past, and while I feel like I am learning and will make good one day, I just don't have any more money to practice? So my hobby being investing/making money doesn't help.

      Short of that my profession is accounting , so skills wise that is my day to day job, but the issue being I now work for a company, rather than in an accounting firm servicing clients. So while I have the smarts and skills to do accounting work, I don't know how I could service someone ad hoc in a fast enough timeframe that they'd demand from someone 'in the mix' on a day to day basis i.e. a manager or worker at an accounting firm with their finger on the pulse.

      I thought about bookkeeping but again the problem is more how to start up, when I have easily the credentials to do bookkeeping but from a client servicing point of view, I wouldn't have the speed and processes to offer 1 hours worth of value , in charging a client 1 hour of my time, as I would have to 'refamiliarise' with software etc. Not something I can't do or am incapable of, just how to get started is my issue having not been in the 'thick' of things on an ongoing basis prior to this.

      • [Deactivated] on 04/01/2017 - 07:19

        Fair enough. You may have to do some retail work or start by working for someone else

        Do you know anyone who runs a restaurant as that work can work around your job

      • AlienC on 05/01/2017 - 01:37

        Dude automate that shit hide your new secret power acquire multiple clients… Profit!

        It boggles my mind why no one has completely automated an accounting software solution that a four year old could use.. Having done tafe accounting and used myob etc back in 06 i am pretty sure all that debits and credits and income and expenses petty cash p&l statements etc etc could be easily simplified and sold to the highest bidder

        I personally would do it but i left accounting to try and pursue more harder challenging life pressing things also my view on our current socioeconomic model is well okay I'll stop.. Let's leave that for another day

        And no MYOB and etc is still not completely user friendly i am talking your average Joe could come up to the machine and use it without any prior accounting or financial knowledge

  • bluesky on 03/01/2017 - 19:22

    Well, what about tutoring year 11/12 students?
    Not necessarily in Accounting, but any discipline you feel like doing?
    I suggested this as a means to familiarise with book-keeping, but come to think of it, tutoring itself can be the activity to net some income. If you can get a few students in the same subject, you only need to prepare once. Just a thought.

    • SaberX on 12/01/2017 - 16:13

      I always thought tutoring would be cool but then my worry is how to be prepared for what their syllabus or questions will be? Because I am not studying at that high school level how I will initially get started is my biggest worry?

      I can't give financial advice as you have to be licensed, but I thought maybe gumtree'ing cash sessions of budgeting or personal finance advice would be cool but then am also worried I might not have enough to pad out the random questions or situations that get thrown at you, even if generally I'm pretty on top of finances and thrift.

  • grabdeal on 09/01/2017 - 23:27

    PM'ed you to discuss a potential opportunity!!

    • SaberX on 12/01/2017 - 16:11
      +1

      have messaged back! Thanks

      • grabdeal on 12/01/2017 - 20:34

        Cool, will get back to you shortly!!

        • SaberX on 03/02/2017 - 16:42

          Thanks! Just returned from a holiday but hadn't got a response yet?

          Let me know if I'm missing anything - cheers!

        • grabdeal on 05/02/2017 - 22:19

          @SaberX: No worries, I saw your email where you mentioned about your holidays and wanted to wait until you get back to AUS so we could have a phone conversation. Now that you're back, I will reply back with some details and let's have a catch-up call. Give me couple of days to sort things out so we could have a call mid-late this week.

          Ta

        • SaberX on 06/02/2017 - 16:00

          @grabdeal:

          No worries, I'll be kept busy this week anyway so whenever you get around to emailing back will suit me. Thanks for keeping the holidays in mind!

        • SaberX on 15/02/2017 - 20:24

          @grabdeal:

          Hi grab! You might still be busy but just a reminder incase you'd forgotten about replying my email! No worries if your still busy - as we all notably get. :)

  • Hansi on 12/01/2017 - 20:01

    Just as an addition since I think it would be silly to open another threat.

    Does anyone work in construction, labour, gardening or any trade on the weekend ( even if it's unrelated to their day-to-day job )?

    I think that would be a good opportunity with good pay and not much experience is needed, you can easily get a white card.

  • chaliban on 13/01/2017 - 07:55

    Since you said you like sports I was a sports stats person on the weekends and Friday nights for a few years. Although it won't work your mind the way you seem to indicate.

    If you are going to be watching the games on TV anyway it's pretty good. Won't start until footy season starts.

    • SaberX on 06/02/2017 - 15:56

      True - I thought about something like that, the only issue is I guess there isn't scale to take it further i.e. as a hobby would, in making more money. Like 1 hour of sports stats/reffing is always going to be one hour? So constrained by time as to making money…

  • oodian on 08/02/2017 - 18:36

    Sports umpiring - cricket/soccer etc.

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