The idea of working from home has continued to be greatly accepted in the society and various industries and with it comes a number of pros. First, one working from home does not have a boss or supervisor to look over their shoulder. As much as this eases the pressure from the work place, it also brings out the responsibility in a person to get the job done.
I share this with to let you know how much your expertise and your creating this information means to me. I will now put this link to your site on the Inspire-EDNF (Ehlers Danlos National Foundation) site to help so many others like me. Living with this condition, I can become a hopeless mess. Today, THANKS to you, I can begin planning how to contribute not only to my family and savings but also to causes very close to my heart.
With respect to #6- Invest in dividend paying stocks. I couldn’t agree more. I’d like to point out, per the author’s reference to dividend aristocrats… when you focus on the aristocrats you’ll get annual dividend increases. I like to refer to those increases as “raises” (thinking of the dividend payment as a “side-business paycheck”). When you reinvest the dividends, and use dividend aristocrats, you can accumulate 10-15% raises annually. That’s pretty good, especially if you can start doing this young enough. Your “side income” will double after 5 years and quadruple after 10 (if you can manage to keep this… Read more »
Getaround is another option for renting out your extra car. Backed by a million-dollar insurance policy and safe-driver screenings, Getaround could be your ticket to making an extra few thousand dollars a year. You can even set your own rental rates. (Though I recommend first comparing rates in your area to determine your best, competitive car rental price.)
If you’re a skilled writer, designer or photographer, consider freelance work. Many business and individuals seek out content writers, contributors and journalists to help craft their message and document their products. For those who love to write but aren’t ready for their own blog, freelance is a great option to test the waters. Check out the opportunities on ProBlogger or JournalismJobs.com, especially if you enjoy technical writing.
As long as the network is legitimate, it can be a good way to pick up some extra money on a steady basis. You won’t make a fortune, since your rewards will be limited to how much money you will spend. You certainly don’t want to get carried away, spending money just to generate rewards. That could put you into a situation where you will spend more money than you will earn from the network.
Dave Ramsey often recommends pizza delivery as a second job for those trying to get out of debt, and with good reason. Pizza delivery is easy work. You’ll need to work in the evenings and on weekends, as those are prime pizza delivery hours. If you need some cash though, it’s not hard to drive the pizza from the pizza parlor to the customer and collect payment. You could make some nice tips, too.
One of the most appealing options, particularly for millennials, would be #12 on your list (create a Blog/Youtube channel). The videos can be about anything that interests you, from your daily makeup routine (with affiliate links to the products you use), recipes (what you eat each day) or as you mention, instructional videos (again with affiliate links to the products you use). Once you gain a large following and viewership, you can earn via Adsense on YouTube.
I have a few of these passive income streams that I am working on, but I have never thought about the potential of affiliate marketing. I am not a big fan of promoting things (that’s a weakness of mine) so I have not considered affiliate marketing at all. Gotta investigate all the passive income potential opportunities if I want to achieve financial independence early.
People often have very unique reasons for wanting to start a blog and make money from home. Some blogs, like this one (DollarSprout), are meant to be informative resources for readers. Other bloggers may opt to share personal sides of their lives. For instance, many people will start a blog to document their fitness journey and inspire others along the way.
I think these are great ideas, if you have the talent and ability. As an editor, my pet peeve is when PF blogs always suggest freelance writing and photography as a way to earn extra cash. Unfortunately, many people can’t write or take pictures as well as they think, nor do they know how to approach an editor or client. (You should see the submissions I get!) Everyone thinks they’re golden.
For sure! I think that’s something Jeff and I have learned rather quickly is to definitely not put all your eggs in one basket. We had 1-2 affiliates that we promoted for the longest time that were by and large our main sources of income. We realized that if we lost even 1 of those affiliates we would be in for a huge world of hurt when it came to our monthly intake.
Billshark: This service specializes in negotiating common monthly bills. While they don’t claim to be perfect, Billshark says that they have an 85% success rate negotiating bills for cable and satellite TV, cell phones, internet, satellite radio, and home security. Pricing is simple: whatever they are able to save you via negotiation, they take a 40% cut. If they can’t lower your bills, you don’t pay them. Billshark Review
Suzanne lives in Texas and has been a full-time freelance writer for 20 years. She’s written for numerous business and financial publications, both online and in traditional print media. She also owns her own small business and has a passion to help others achieve their dreams of financial independence. Her goal is to eventually work from a remote island that is equipped with Wi-Fi.
Hunt for under-priced used books that you can sell online. Download an app that reads ISBN numbers so you can scan the barcodes on books. This will pull up the book’s current price on Amazon so you can see if it’s worth trying to resell it. Then, visit used book stores, thrift stores, and garage sales to look for high value books. Post the books for sale online using sites like Amazon or Ebay.
Trim: This financial “assistant” communicates with you via Facebook Messenger or text; there is no app. Trim can negotiate your cable, internet and/or phone bill with any provider, and claims to be able to lower your bill by up to 30% (their cut is 33% of yearly savings). Trim will also analyze your transactions so you can quickly and easily understand where your money goes and provide personalized recommendations for the right financial accounts for you. Trim Review
If you need to make money really quickly, your best bet might be to sell something of value. For example, you can sell a piece of jewelry at a pawn shop or jewelry store. If you have an old smart phone or tablet lying around, you may be able to get instant cash for it from an ecoATM kiosk. Keep in mind that while these methods are easy and super quick, they won’t get you the best value for your goods.
I may as well start with something I know well. When I started out as a freelance writer 20 years ago, things were very different. I wrote mostly for magazines, and I had to rely on snail mail to send out drafts and queries. I’d wait weeks for a response from my editors. Not many people had the patience for it, and few stuck around long enough to ever start earning a real income from it.
Acorns: Acorns is a great way to start investing and building wealth. As it turns out, Acorns will pay you $5 to start investing with them for as little as $1. That’s a 500% return, plus it’s probably time you started investing for your future. They even have features like round-up and found money that allows you to get free money from places you already shop at.
Amazon makes it fairly easy to list and sell old books, games and devices on its marketplace. You can make more than just a few bucks If you have pricey textbooks from college. Be sure the books are in good condition. You'll get negative reviews if you attempt to sell books that are falling apart or games that are scratched up. Remember, be upfront about any defects, no matter how small they might be and no matter how few people might readily notice it.