Sunday 1 April 2018

Turning the Gold Coast into a gold mine


The Commonwealth Games is set to be a huge pay day for the Gold Coast, so why shouldn’t you tap in?

The Commonwealth Games are set to make a huge impact for the Gold Coast. Athletes, coaches, journalists, and spectators from around the globe will be coming to town, and they’ll be bringing their wallets with them.
Estimates are saying that the Games could bring in billions of dollars of profit into the local economy. That’s right; billions. With a “b”. And while most of this money will undoubtedly be spent on overpriced kiosk food and souvenirs, there is a wealth of untapped funds just waiting for the right person.
Read on if you want to learn how to turn the Gold Coast into a gold mine.

There are a number of ways that the Coast is making money off of the games, but there are three basic ways you can increase your bank balance over the 11-day extravaganza that is the Commonwealth Games:
Author: Universalis


Rent out your apartment with Airbnb

Whether you’re looking to leave the Coast for two weeks, or you’ve got a spare room that’s mostly for storage, you can make some extra cash by signing up for Airbnb. People from all over the world are flying into the city to watch the games, and they’re all looking for somewhere inexpensive to stay. Why can’t that be your place?
Pros:
Like all Airbnb agreements, you’ll be making money for virtually doing nothing. Some hosts act as tour guides for their guests while others simply leave the keys and a list of instructions. The choice is yours. If you decide to leave your house while your guests are around, you will be making money while you’re on holiday. If you decide to stay in your home while guests are there, you will get to meet interesting people from all over the world, and learn about their cultures and customs.
Cons:
You’ll be living with strangers from all over the world, who may have different cultures and customs. Anyone who’s lived in a share house or university dorm will know that it’s pretty hard to learn to live with someone new, and while this is only for two weeks, it can be stressful having to share your space with a stranger.

Become an Uber driver

If you know the Gold Coast like it’s the back of your hand, including all the side streets and back roads, then becoming an Uber driver for the Commonwealth Games is a no-brainer. Using your spare time to take people to and from the events is a great way to rake up the cash while using your untapped knowledge about the Coast.
Pros:
Again, you’ll get to meet interesting people from all over the world, but you’ll also get to share your knowledge about the Gold Coast like only a local can. Plus, if you’re going to be stuck in the traffic anyway, you might as well be making some cash while you’re doing it.
Cons:
The process for signing up to be a driver isn’t nearly as easy it is to being a passenger- and with good reason. Before you can become a driver, Uber has to make sure that not only are you fit to drive, but your car is fit for passengers. This involves vehicle checks and inspections as well as a Driver’s Licence check (duh). This could mean a lot of work and money for a two week side hustle.

Share your car space

If you’ve got space, you can share it. There are people out there who will pay next to top dollar to rent your free space to use as their own. People are renting out their spare rooms and their attics as a cheaper storage alternative. But during the Commonwealth Games you can find a nice pay day by renting out your garage and/or your front lawn for as a parking space.
Pros:
Unlike the other suggestions, this takes the least work on your behalf- you don’t have to live with anyone and you don’t have to drive anyone around. This is the most painless option if you want to make a few bucks.
Cons:
First, you have to have the space for a car to park. Second, you and your area have to look trustworthy enough for someone to house their pride and joy during unsupervised times. Reputable sites will state the renters car will be insured for a limited dollar value, which does take some of the pressure off of the rentee. 
So let me, and others, know if you are planning on trying any of these, and how the process went for you.
Thanks, Kathy

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