THOUGHTSKOTO

Friday, June 16, 2017

How to Generate More Income

Earning extra outside your regular job can be easier than you think. It only takes a little gut and wit and you are good to go.

Monetize your fitness.

If you are a health and fitness buff it’s possible to turn your passion for fitness into a profitable sideline. Getting a certification to be a personal trainer or aerobics instructor is not really that difficult if you have the skill and the time, Orange County Financial Advisor Anthony Montenegro said .

Earn quick and easy money online.

There are dozens of ways to earn quick and easy money on the internet. Several websites will pay you just surf the net, do online surveys, or watch videos, and it’s easy to get started.

If you can't find the time and you don't want to leave your couch,this maybe your best bet .

Pick up a rideshare gig.

If you have free time and you want an income generating part-time job, driving for Uber or Lyft can be the best option for you. With Uber or Lyft allows you more freedom to a set work schedule. You can turn the app on when you are ready to work, and turn it back off whenever you feel tired.

The requirements to be an Uber driver are not extremely strict. All you really need to qualify is a reliable, newer car and a clean slate of driving record.

Earn an advanced degree or certification.

If you feel bored and stagnant in your career growth, earning an advanced degree or upgrading your skills is the best way to invest in yourself.

Advanced certification per se may not make you rich, but it can help you earn more money in the future. It may mean promotion followed by higher income.

Start a blog or specialty website.

Starting a blog or specialty website on any topic that suits you passion then you can monetize it making it an income generating machine while doing one thing you enjoy.

Blogging is flexible though it is not always easy. The good thing that, you’ll never have to report to an office.You can do your blog any time whenever you feel like it.

Become an expert.

One of the best ways to earn more money is to becoming an expert in a certain area.

There may be a lot mechanics in the area but you can only find a few who are knowledgeable in working with exotic cars. And those who do will charge a more for their exceptional skills.

Create a course.

If you’re awesomely good at something or anything, you could create a course that will make money out of your passion.

Websites like Udemy.com and Teachable.com make it possible for people to create courses you can resell to the public, the good thing is that, your area of expertise doesn’t have to be in a professional field .

Once you create your online course, it becomes available to the world. And if you sell enough of your product, you could create a long-term income stream that lasts.

Become a mystery shopper.

Mystery shoppers are undercover consultants paid to patronize a retail outlet, restaurant, or business so they can document their experience. They are usually paid by the job, not by the hour.

Most mystery shopping jobs include a small purchase allowance in addition to pay. You might score a free movie, a free dinner, or a free hotel stay, for example.

Be wary though, there are lots of mystery shopping scams out there, you need to be very careful in doing this.

Ask for a raise.

If you’re self-employed, you can earn more money by raising prices. While this may seem like a surefire way to lose clients, research has shown that raising your prices can actually lead to more clients.

If you’re in the traditional employment boat, a great way to get a raise is again to just ask. “Rarely is someone given something they don’t ask for,” says McFadden.

Plus, the worst that can happen is your employer says ‘no.’ You may not get what you want, but you’ll know where you stand.

Invest for long-term growth.

Nowadays, earning extra money without a traditional job is common. By investing your money for long-term growth, you can earn an income that lasts.

Buying stock market shares for long time growth or investing in mutual funds could mean a passive income that will stay for a long time.

Refinance your debts, and save money on interest payments.

By paying your debts on time , you will spare some pennies from being consumed by interests.

Deciding that you’re ready to earn more money involves thinking outside the box. You can always get a regular part-time job but technology is here and it has paved the way for more opportunities for people like you. It only needs a first big step and determination. Wealth comes to those who are not afraid to try and not afraid to do it now.

Source: Forbes