With the economy in such bad shape, we decided in order to earn extra money in our home, we would consider doing a room rentals. This is where you open up your home to someone, and they rent a room, sometimes a bathroom as well. And then you both share the rest of the home. If you want to charge more money, you can rent the master bedroom in your home. That is if you do not mind giving up your space for some extra cash. Many people are choosing this option these days. It is a good choice to make extra money.