ONE money expert makes side hustles easy and earns thousands of dollars every month.
Today, most Americans live paycheck to paycheck and need that extra stream of income in their bank accounts.
Well, if you’re still looking for a side hustle, entrepreneur Stephen Raiken might have the perfect fit for you.
Recently, Stephen, who describes himself as a full-time dealer, pointed out in a recent video on his TikTok channel how he made $17,000 in one month.
Here’s what he shared.
How it works
The key is to make a profit on the books by scanning them and seeing how much they are worth.
While it can be done on your shelf at home, Stephen said you can find for-profit books at your local thrift store.
You can also expand other items such as clothing, but Stephen recommends starting with books.
“Books are very cheap,” Stephen said.
“Most people think they’re outdated and trash, so they give them away for free or for pennies at a thrift store. I sell a lot of books for $20, $30, $40, [and] $50. »
How to start
Stephen said you will have to create a Amazon seller account.
Although registration is free, the cost after that will depend on the selling plan you select.
For example, individuals are charged 99 cents for each item they sell, while a professional plan comes with a monthly fee of $39.99 regardless of the number of items sold, according to Amazon.
“Amazon also collects a referral costs on each sale, which is a percentage of the total transaction and varies by product category,” the e-commerce giant said.
Once registered, you will need to wait for your account to be approved and then download the Amazon seller app.
“Go over there and start digitizing all the books,” Stephen said.
As well as earning Stephen thousands of dollars, it helped his mother earn enough money to retire.
In another recent videoStephen said his mother had made $3,000 to $5,000 selling books every month for the past seven years.
His mother is currently 67 years old.
He also shared his strategy with his friends.
For more on how you can earn some extra cash, see five ways you can do it with a new home.
Plus, find out how you can get rewarded by participating in Play-to-earn games.
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