How To Make Money With Airbnb by InspiredBudget.com
*This is a sponsored post brought to you by Airbnb. All opinions are 100% my own.

You know that extra bedroom that sits empty? Or the finished basement that hasn’t been used in a while? Imagine being able to make extra money off your unused space! Did you know there are people that are willing to pay you to stay in your home for a night or two?

Airbnb is a cost effective way for people to travel. More and more travelers are turning to Airbnb instead of traditional hotels.  To be honest, I love visiting new places and staying in a fun Airbnb! You might be surprised just how much money you can make while hosting guests in your home. Below are 6 amazing benefits of signing up to list your home, room, or extra space on Airbnb

Earn money for a space you already have.

Okay, I’ll be the one to say it. I like earning extra money. It’s FUN to find different ways to make money while helping someone out. And by far the BEST thing about listing your home on Airbnb is the income that it brings in. Even if you’re listing an unused bedroom, you can earn serious money each month. I mean, think about it! You are making money off a space you already have. It’s money that is coming in that is on top of your regular paycheck! How cool is that?!

The responsible person in me wants to tell you to send this money to retirement or a kids’ college fund.  But the spender in me is standing on a chair and shouting “SPEND IT ON SOMETHING FUN!!” No matter how you decide to spend your extra money, you can’t beat the fact that it’s a great way to earn extra cash. Plus, this doesn’t require you to take on a part-time job!

How to make money on Airbnb by InspiredBudget.com

Pay off your debt faster!

I know you may feel like you’re drowning in debt. Those student loans have been around for too long and the credit card interest is killing you. The idea of being debt free sometimes sounds too good to be true. But I’m here to tell you that it is possible! I know you have what it takes to pay off those loans, kiss the car note goodbye, and experience financial freedom!

If you’re working toward becoming debt free, then listing your unused space on Airbnb is a great way to earn extra money to pay off debt. I know that paying off credit cards and loans can be a long process. It can take YEARS to become debt free. But having an added income can speed up the process. Even hosting your home a few times each month can make a serious dent in your debt free journey!  And take it from someone who spent 4.5 years paying off debt…it’s nice to speed up the process a bit.

The money you make from Airbnb can also help you pay off your mortgage. Imagine if you earned enough money each month from Airbnb to cover the cost of your monthly mortgage payment. It would be like someone else is making your mortgage payment each month! When you’re financially focused on becoming mortgage free, this is a wonderful way to reach that goal faster.

How to make money on Airbnb by InspiredBudget.com

Make money while you travel.

If you have a big trip coming up, why not put your home up for hosting while you’re gone? You’ll be going on a trip and actually making money while you’re away! Taking a vacation and letting someone else stay in your home will allow you to have extra money for future vacations. Plus, someone else will be watching over your house in the process.

Meet new people.

When you host your space on Airbnb, you are opening yourself up to the opportunity to meet new people from all around the world. Although you can still provide your guests their privacy, it’s still fun to think that you can learn someone else’s story and what brought them to your town. You may even make a friend or two in the process! If you don’t end up actually meeting your guests, then make sure to leave out a guest book for them to sign. This is a great way to learn more about who was able to enjoy your space for a night or two.

How to make money on Airbnb by InspiredBudget.com

Show off your town.

One of my favorite parts of staying in an Airbnb is the fact that the host usually knows what makes their town special. If you take pride in where you live, you have an opportunity to share your favorite spots around town with your guests! Leave a list of fun places to visit, your top-rated food options, and the best local spots. There is something so wonderful about sharing a piece of your town with outsiders. If you take pride in where you live, this is a great way to share a piece of your city!

You decide when you host.

Not all side hustles allow you the flexibility that hosting on Airbnb offers. You get to decide when you want to open your home up to guests. You call the shots on how long people are welcome and how much you want to charge for your home. If you have an extra vacation home this is perfect because you have the opportunity to choose your dates first! After you have your vacation dates locked down, open your calendar up to hosting. Enjoy the flexibility of Airbnb!

 

If you have an open space in your home, hosting in Airbnb might be right for you. Not only is it a simple way to add some extra money to your wallet, but it’s a wonderful way to meet new people! You never know what you could gain from opening your space up. Want to learn more about becoming an Airbnb host? Click HERE to see if it’s right for you!

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