earning
Can I Airbnb My Apartment?
Hereâs everything you need to know to start renting out your apartment on Airbnb.
The post Can I Airbnb My Apartment? appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
How We Paid Off $20,000 of Student Loan Debt in 12 Months at 23 Years Old
As you all know, I love a good debt payoff story. Melanie reached out to me recently and asked if she could share how she paid off her debt. Below is her story, enjoy! Hi, I’m Melanie! I’m a CPA by day, and personal finance blogger at Melanie De Jong Blog by night! I’m 24 […]
The post How We Paid Off $20,000 of Student Loan Debt in 12 Months at 23 Years Old appeared first on Making Sense Of Cents.
Lendtable Review: Get free money to max out your 401(k) match and ESPP
Welcome to my Lendtable review. The following is a partnership with Lendtable. All opinions are my own. Don’t know where to start saving up for retirement? Or maybe you just feel like you don’t have enough money to make an impact on your retirement plan? That’ll change today. I want to tell you that it’s […]
The post Lendtable Review: Get free money to max out your 401(k) match and ESPP appeared first on Making Sense Of Cents.
118 Things To Do When Bored At Home
70+ Goal Ideas For 2023: Make This New Year The Best Yet
What are your goal ideas for 2023? Do you want to improve your finances? Focus on your health and fitness? Want to build better relationships with your friends and family? Are you looking for inspiration to reach your life goals? There are so many different yearly goal ideas, and since 2023 is almost here, now […]
The post 70+ Goal Ideas For 2023: Make This New Year The Best Yet appeared first on Making Sense Of Cents.
How I Earned $10 Million Online (with ZERO experience)
Do you ever think about where all the biggest “one hit wonders” ended up? I’m talking about the bands that seemingly come out of nowhere with a song you just can’t get out of your head. For me itâs those lyrics of âIce, Ice baby. Too cold. Too cold..â or âDonât tell my heart. My […]
The post How I Earned $10 Million Online (with ZERO experience) appeared first on Good Financial Cents®.
Side hustles: The good, the bad, and the ugly
In my spare time recently (which isn’t much), I’ve been reading Side Hustle, the new book from my friend Chris Guillebeau. Because CG is a friend, I’m not sure I can provide an objective review of the book, so I’m not going to try. Instead, I’ll give a brief summary and then share some of my own experiences earning money on the side.
Side Hustle Nation
Fundamentally, there are only two ways to improve your financial situation: You can earn more or you can spend less. Most money writers focus on the “spend less” side of the equation. That’s great, but there’s only so much you can cut. Eventually, if you really want to pursue your goals with passion, you’re going to have to earn more. “More income means more options,” Guillebeau writes. “More options mean more freedom.”
For many folks, a side hustle is a smart way to earn more. A side hustle, Guillebeau says, is “a moneymaking project you start on the side, usually while still working a day job. In other words, it’s a way to create additional income without taking on the risks of going full throttle into the world of working for yourself.”
The beauty of side hustles is that they can be started with little or no money. They’re most often passion projects, ways for a person to take something they already love and maybe earn a bit of extra cash.
Guillebeau says there are five core steps to starting a side hustle:
- Build an arsenal of ideas. The first step is to brainstorm a list of ways that you could earn money in your spare time. How could you match your skills and resources to a product or service that people would pay for? List as many as you can think of, then weigh the pros and cons of each.
- Select your best idea. You can’t do everything, of course, so you’re going to have to narrow your list to the single best idea — the one that excites you the most. “You’re not making a lifelong decision,” Guillebeau writes. “You’re looking for the right idea at the right time.” After you’ve picked a project, do some research. Learn how other people have done the same thing. Figure out who your ideal customer is. Decide what it is you’re going to sell.
- Prepare for liftoff. After you’ve chosen your product or service, it’s time to prepare for launch. Figure out the core logistics issues. Set a price. Create your workflow. Don’t worry about getting everything perfect, but do take the time to master the basics of your business.
- Launch before you’re ready. This is a lesson I’ve had to learn the hard way. There is always more to be done before you start a big project. (Heck, I wasn’t ready to re-launch Get Rich Slowly last Sunday, but I did so anyhow.) When you have your logistics, workflow, and pricing roughly right, then go. Start your hustle.
- Regroup and refine. Naturally, not everything will be perfect — especially since you launched before you were ready. As you sell, as you interact with customers, learn from your experience. Enhance what is working, and discard what isn’t. If there are things you can’t handle, ask for help. If a process can be automated, automate it. Adjust pricing, if necessary.
But the most important ingredient to starting a successful side hustle is action. If you don’t take action, nothing else matters.
How To Buy Royalties
The post How To Buy Royalties appeared first on Well Kept Wallet.
How To Start A Proofreading Business And Make $4,000+ Monthly
Do you want to learn how to start a proofreading business? Proofreaders are responsible for putting the finishing touches on written content, from blog posts, web copy, marketing materials, resumes and cover letters to academic articles, legal briefs, and much more. This is a very flexible side hustle, and it’s a great opportunity if you […]
The post How To Start A Proofreading Business And Make $4,000+ Monthly appeared first on Making Sense Of Cents.