{"id":23383,"date":"2024-02-09T18:15:13","date_gmt":"2024-02-09T18:15:13","guid":{"rendered":"https:\/\/www.webmonkey.com\/best-things-to-buy-to-make-money-16-awesome-ideas-to-try\/"},"modified":"2024-05-24T20:00:02","modified_gmt":"2024-05-24T20:00:02","slug":"what-equipment-can-i-buy-to-make-money","status":"publish","type":"post","link":"https:\/\/www.webmonkey.com\/what-equipment-can-i-buy-to-make-money\/","title":{"rendered":"Best Things To Buy To Make Money – 16 Awesome Ideas To Try"},"content":{"rendered":"

With the high cost of living more people have side hustles than ever before. In fact, over 50% of people<\/a> have some kind of side gig to make additional income.<\/p>\n

Oftentimes, starting a new side hustle involves using some kind of equipment or tool to make money. And that's what this post is all about.<\/p>\n

Today, I'm covering some of the best ways to make money with equipment and what you need to know before starting a new side gig.<\/p>\n

What Equipment Can I Buy To Make Money?<\/strong><\/h2>\n

What types of equipment can you buy to make money? Whether you\u2019re looking to start a business, earn passive income<\/a>, or do somewhere in between, there are several types of equipment that you can invest in that can yield returns. Here are some suggestions:<\/p>\n

1. 3D Printer<\/strong><\/h3>\n

Do you have an interest in design and love figuring out different creations? In this case, a 3D printer can help bring some of your creativity to life and help you earn extra money<\/a> at the same time.<\/p>\n

With a 3D printer, you can create and sell items like collectibles, jewelry, figurines, phone cases, keychains, home goods, and so much more. And my nephew is a high school senior and has actually been using his printer to make money creating tools for local businesses.<\/p>\n

His biggest client is a cookie chef and he creates custom shapes of cookie cutters for her. It\u2019s been a great side hustle<\/a> to do from home while he finishes his diploma and allows him to explore his design skills as well.<\/p>\n

2. Vending Machine<\/strong><\/h3>\n

A vending machine is a perfect low-maintenance business idea<\/a> and great piece of equipment to purchase if you're a fan of passive income.<\/p>\n

Many businesses utilize vending machines for easy and affordable snacks and beverages. However, since most locations can't provide the machines or the items inside themselves, they contract outside individuals or companies to provide this service.<\/p>\n

If you have the financial ability to invest in a machine or multiple machines, you may be able to provide vending services to create a regular stream of income. And data shows that vending machines can make about $300 to $600 per month.<\/p>\n

In addition to purchasing or renting the equipment, you need to consider payment methods you accept, inventory costs, and labor to keep the machines stocked. You should also track your volume of sales and make sure the location is providing a worthwhile return on your investment.<\/p>\n

3. Drone<\/strong><\/h3>\n

If you have a love of technology, a drone<\/a> might be an investment that can help you create a thriving business.<\/p>\n

Drone photography is more popular than ever and there's an increase in demand for drone photographs and videos for a variety of types of events and businesses. Freelance operators obtain work for weddings, events, corporate clients, construction, real estate and more.<\/p>\n

Just note that commercial drone guidelines and regulations can vary by area. Depending on where you live and will be operating your drone, you may need a remote pilot certificate. There may also be local restrictions on airspace and flight paths that you will need to be aware of.<\/p>\n

4. An Electric Bike<\/strong><\/h3>\n

Love being outdoors and getting exercise? An electric bike can help you take your love of biking to the next level.<\/p>\n

Not only can you get out and about, but you can make money from your hobby by making deliveries for food delivery apps like Uber Eats<\/a>, GrubHub<\/a> and DoorDash<\/a>.<\/p>\n

\"Weekly-earnings-screenshots\"
A screenshot of weekly Uber Eats earnings.<\/figcaption><\/figure>\n

All of these gig apps can easily pay $10 to $20 an hour depending on your market. And with a bike, it's a great way to get paid to workout<\/a> and explore your city, all while getting paid.<\/p>\n

These apps also let you deliver on your own schedule. Overall, this is probably one of the most lucrative pieces of equipment you can buy to make money.<\/p>\n

Try out Uber Eats today!<\/strong><\/a><\/p>\n

5. Landscaping Equipment<\/strong><\/h3>\n

Do you love working outdoors and love making yards and properties look their best?<\/p>\n

Investing in landscaping equipment could help you put your skills to good use and help you make money as well. And this is a high-paying cash gig<\/a> that's especially lucrative over summer.<\/p>\n

Here are just some of the types of equipment that can be turned into money makers with some ambition and a bit of work:<\/p>\n