$39 an Hour is How Much a Year as Annual Income
You’re probably wondering if I made $39 a year, how much do I truly make? What will that add up to over…
Read More… $39 an Hour is How Much a Year as Annual Income
Side Hustles
7 Keys To A Successful Side Hustle
There are several keys that can help you to have a successful side hustle, rather than wasting time and effort. Here are our 7 keys to side hustle success!
The post 7 Keys To A Successful Side Hustle appeared first on Bible Money Matters and was written by Marc. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.
Side Hustle Success: Financial Freedom From Lipstick and Bras
There are lots of ways to make a little extra on the side, including some that might surprise you.
Guide to using micro-jobs to boost savings
Sometimes you need extra income in order to meet unexpected expenses or to save for a major purchase or goal. With the rise of the sharing economy it is easier than ever to latch onto short-term gigs, especially if you have a strong Internet connection and some idle time.
If this sounds like something you’ve done or are considering — you have plenty of company. A new study by the Brookings Institution showed a “surge” — as they described it — in such jobs after analyzing Census Bureau information on non-employer businesses of one, in other words, self-employed, unincorporated sole proprietors.
How To Make An Extra $500 A Month â 26 Great Ideas To Start This Year
Do you want to learn how to make an extra $500 a month? If you’re like many people, learning how to earn an extra $500 a month can make a significant difference in your life. It can make the difference between a paycheck-to-paycheck life and having money to spare. Or, perhaps it’s extra money you […]
The post How To Make An Extra $500 A Month â 26 Great Ideas To Start This Year appeared first on Making Sense Of Cents.
80 Ways To Make Money On The Side In 2023
If you want to learn new ways to make money, then you’ve come to the right place! Learning how to make extra income has completely changed my life for the better, and with the things I’ll talk about today, you can find several ways to make money that will work for you. Learning how to […]
The post 80 Ways To Make Money On The Side In 2023 appeared first on Making Sense Of Cents.
$36 an Hour is How Much a Year as Annual Income
You’re probably wondering if I made $36 a year, how much do I truly make? What will that add up to over…
Read More… $36 an Hour is How Much a Year as Annual Income
Americans With Less Than $9,000 in Savings Should Do These 7 Things
When you log into your bank account, how do your savings look? Probably not as good as youâd like. It always seems like an uphill battle to build (and keep) a decent amount in savings. Try these moves.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
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.
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.