(NewsNation) — With just days left until the April 8 solar eclipse, communities in the path of totality are expecting an economic boom from flocks of visitors looking for the best view.
Forbes expects a $1 billion windfall for states in the path that cuts through the center of the country from Texas to Ohio to Maine.
The eclipse marks an economic opportunity for those among the 31 million residents in the path of totality. Here’s advice from personal finance expert Gary Smith on how cash in during the event.
Driving for ride-hailing services
If you’re already a driver for ride-hailing services Uber or Lyft, working on the day of the eclipse might be a good plan. There are already areas like Hillsborough, Texas, that say they need more drivers to help with crowds.
Parking
Another idea is offering up parking spots possibly in your driveway, your lawn or along your street, if it’s permitted.
Rentals
Are you comfortable offering your home as a rental on Airbnb or VRBO? Airbnb recently reported a 1,000% increase in searches for stays along the path of totality. Rentals in those areas also outnumber hotels near the path by 15:1.
Old-fashioned lemonade stand
Buying snacks and drinks in bulk from Costco or Walmart and then upselling them in crowds could also bring in some extra cash. If you want to offer something a bit more unique, Smith also suggested making and selling commemorative T-shirts.
The solar eclipse — when the moon passes in between the sun and Earth — is set to take place April 8.
