THERE’s a way you can make $5,000 a month and part of it requires a Costco membership.<\/p>\n\n\n\n
TikToker thewillrivera regularly produces business and\u00a0side hustle\u00a0<\/a>content to his nearly 220,000 followers.<\/p>\n\n\n\n Recently, he shared a video<\/a> about what his little brothers do at only age 15 to make some serious money.<\/p>\n\n\n\n It can be a simple gig and it can net you a profit of $5,000 a month, Will claimed – but there is a start-up cost and you need some funds in the banks to get going.<\/p>\n\n\n\n But Will said in regards to the gig he revealed,\u201cthe easiest way to get into this game is just to get a Costco<\/a> membership.”<\/p>\n\n\n\n The lowest tier Costco membership costs $60 per year.<\/p>\n\n\n\n You will also need an\u00a0Amazon<\/a>\u00a0Seller account, which normally costs around $40 each month.<\/p>\n\n\n\n Once you have the seller account, you can scan start scanning products and see what they go for on the marketplace.<\/p>\n\n\n\n Will revealed that every other day his brothers will go to Costco and scan at least 20 products.<\/p>\n\n\n\n This way, once they purchase them, they are able to make a huge profit from selling these items at a higher price.<\/p>\n\n\n\n There\u2019s absolutely no paperwork necessary from\u00a0Amazon<\/a>\u00a0if you are just getting products locally.<\/p>\n\n\n\n That means it\u2019s costs just $100 to start with the upside of raking in $5,000 each month.<\/p>\n\n\n\n \u201cThen with whatever money you do have leftover after that, that would be your money to source these products,\u201d Will said.<\/p>\n\n\n\n Additionally, if you have income from another job, it will be easy to plug into this side hustle for inventory and quadruple your earnings.<\/p>\n\n\n\n According to Will, that means you could make a total of $60,000 per year just from shopping and reselling from Costco.<\/p>\n\n\n\n One product example Will\u2019s brothers sell successfully is Premier Protein shake bottles.<\/p>\n\n\n\n An 18-pack at Costco could go for $10.<\/p>\n\n\n\n But when reselling, you can easily make $30 or $40 from that one pack alone, according to Will.<\/p>\n\n\n\n This nets you a pretty hefty profit depending on how many products you decide to buy in the first place.<\/p>\n\n\n\n \u201cSo imagine,\u201d Will said.<\/p>\n\n\n\n \u201cWhatever money you do have, the more money you do have, the more money you can flip.\u201d<\/p>\n\n\n\n More than 50 percent of the US population has an Amazon Prime account, Will said, so the market is wide and products are moving fast.<\/p>\n\n\n\n \u201cIt\u2019s a crazy opportunity for any of you guys watching,\u201d Will told followers.<\/p>\n\n\n\n He added Costco isn\u2019t the only place you can shop to have some resale success.<\/p>\n\n\n\n Sam\u2019s Club, Burlington, even\u00a0Walmart<\/a>\u00a0offer low prices for products that will sell at higher rates on Amazon.<\/p>\n\n\n\n \u201cAnything you see that has a rollback price, that\u2019s probably going for double on Amazon.\u201d<\/p>\n\n\n\n Beyond just scanning Costco or Walmart<\/a> for the best deals for resells, consider selling your own used products as well.<\/p>\n\n\n\n These could be worth even more than what you find at a retail store.<\/p>\n\n\n\n Thrift stores and used book shops can offer especially valuable products at prices you can\u2019t beat.<\/p>\n\n\n\n While you can do all the shipping yourself, that might take a lot of time out of your day.<\/p>\n\n\n\n Amazon offers to store and ship the products you\u2019re selling for a small cost, but it could be very much worth the convenience.<\/p>\n\n\n\n Amazon also allows users to sell their own books on Amazon Kindle Direct Publishing. <\/p>\n\n\n\n Keep in mind, earning great profits from this endeavor will require you to know how to market yourself.<\/p>\n\n\n\n You’re also taking a bit of a risk. For example, if you buy items that you don’t sell for a profit, then you will end up footing the bill.<\/p>\n\n\n\n Make sure that you have enough cash in savings before you try and start up a side hustle like this.<\/p>\n\n\n\n You also need to beware of fees when selling items online. Do your research before you get going.<\/p>\n\n\n\n And for many teenagers, this side hustle could be out of reach.<\/p>\n\n\n\n Amazon currently requires sellers to be at least 18 years of age.<\/p>\n\n\n\n Before starting a side hustle, keep in mind that you could be in for a surprise tax bill<\/a> from the Internal Revenue Service.<\/p>\n\n\n\n Side income like this is considered income.<\/p>\n\n\n\n There are plenty of other side hustle options for those who might not want to spend hours strolling through Costco\u2019s aisles.<\/p>\n\n\n\n Just at Amazon alone, an influencer has revealed\u00a0how to make $20,000 a month<\/a>\u00a0by creating and selling puzzle books.<\/p>\n\n\n\n You can also make $7,000 a month by just being a good listener.<\/a><\/p>\n\n\n\nHow it works<\/strong><\/h2>\n\n\n\n
Tips for reselling successfully<\/h2>\n\n\n\n
Tax warning<\/h2>\n\n\n\n
Other side hustles<\/h2>\n\n\n\n