Meaning of the word "money for old rope" in English

What does "money for old rope" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

money for old rope

US /ˈmʌn.i fɔːr oʊld roʊp/
UK /ˈmʌn.i fɔːr əʊld rəʊp/
"money for old rope" picture

Idiom

money earned easily for something that is not worth much effort or value

Example:
Selling those old, broken electronics was money for old rope.
He charges a fortune for simple tasks; it's money for old rope for him.