This is one of my investments. It’s a very simple index fund. Took about 5 minutes to set up and it automatically withdraws from my bank account each month. Spend five minutes couponing and you’ll save a few bucks. Spend 5 minutes setting up an index fund and you’re likely to build substantial wealth over time if you invest consistently and don’t pull your money out with every little fluctuation in the market.
Decluttr is easy to use. Grab an unwanted item, check that Decluttr buys it (for instance: CDs are great, old clothing is not), and enter its barcode into Decluttr’s “valuation engine” or use your Decluttr smartphone app (iOS and Android) to scan your item directly. You’ll receive an instant price quote that you can accept or decline with no obligation. If you accept, just pack your items into a box large enough to fit them, slap a free Decluttr shipping label on it, and bring it to any authorized UPS location (including drop boxes, if your box contains fewer than 25 items). Decluttr issues your payment the day after your item arrives by PayPal, direct deposit, or paper check. There’s no practical limit to the number of items you can sell: each order is technically limited to 500 items, but you can create as many orders as you like in any given timeframe.
There is a simple fact that many people miss: you will never grow wealthy if you spend everything you earn. Regardless of how much money you earn, you need to put some aside in savings. Having a cash cushion is nice because it helps you prepare for unexpected expenses and helps you avoid debt. But there is another reason that saving money is important – because of taxes and other factors, money saved is worth more than money earned!
Do you have a knack for writing or a background in development? There are thousands of freelance jobs available for people of all different areas of expertise. Sites like Upwork or Freelancer allow you to create a profile of what you bring to the table, and you can either apply for applicable jobs or get seeked out by people looking for freelancers.
Amazon: Many people don’t realize that Amazon is a haven for third party sellers, including regular Joes and Janes cleaning out their attics and garages. If you plan to sell more than 40 items per month on Amazon, consider registering as a professional seller. You’ll need to pay a $39.99 monthly subscription fee, a referral fee that usually ranges from 6% to 20%, and a $1.35-per-item closing fee for media items. You won’t pay the $0.99-per-item selling fee, however. Alternatively, register as an individual seller. The fee schedule is the same as for professionals, except you do have to pay the selling fee and don’t have to pay the subscription fee.
This is a great list Jeff. One penny saved is one penny earned. Thank you for listing 1010 ways to make money fast. I would like to add something to what you have already told. Fiverr is a more than a 5 USD thing now. With standard and premium gigs feature been implemented, some graphic designers are making more than 100 USD a design. Even the web designers and copywriters can really make good amount of money in very short time with very less effort.
Great list! I have another to consider that I personally have 35+ years experience providing. Clean up litter outside commercial properties on foot using inexpensive hand tools. It’s almost as easy to do as going for a walk! I started doing this as a side gig in 1981 and soon grew it into a profitable full-time business. I share my experience in my book, Cleanlots.
I am unsure as to whether this question is completely relevant or not, but: I am, or at least, would like to be a writer. I don’t want to sound overly supercilious, just truthful, but I have a great deal of talent and there is virtually nothing I can’t write. However, I digress. I recently wrote a short story, which, despite its length (9 pages) is really more like a sketch, but its very eclectic and general. What I want to know is where can I sell this story? It’s jocoserious and seriocomic and pseudoautobiographical, and while not overly sexual, does content overtly erotic elements, yet I’d never categorize it as erotica, which, though I can write, and good at it, I dislike to, viewing it as a diminishment and degradation of my talents; also, it’s trashy and overly simple: beneath me and all decent, talented writers in every way! lol.
Having your own site to sell gently used handbags is probably going to be a really, really difficult endeavor for what its worth. It will be hard to get enough eyeballs/visitors on those bags to generate enough sales to make you any meaningful income (it’s an incredibly small niche and almost too specific in nature). Not to deter you from the idea completely but you’ll need to commit to several years of patience to really hit a home run in that field.
Samples. You’ll need some samples before you can really begin marketing yourself. Figure out which market you want to approach first, and then find or create some related samples. For instance, if you want to try your hand at blogging, study some successful blogs, and then write a few posts of your own to use as samples. Do this for any and every market you’d want to write for.
All written content on this site is for information purposes only. Opinions expressed herein are solely those of AWM, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.
I have read many posts and blogs on earning a million dollars or passive income. For some time, I wonder whether striving to be a millionaire for years or decades (as you wrote) it is the thing that people should be guided in life. Maybe it’s better to focus in life on what gives us pleasure and transform it into a business. If in life we make money on our passion, instead of attending to disliked job, we will make money, but it will not be our top priority.
Getting wealthy or attaining a certain level of income is just like achieving any other goal. To get there, you need to ensure that you set those goals the right way. Set SMART goals and be very specific about them. Don't set them arbitrarily in your mind. Write them down and come up with powerful reasons why you absolutely must achieve them. That's one of the biggest and most potent internal transformations that you could make in your mind.
This is a great list! I’m hoping it will be very helpful to me… I haven’t been able to work all my life due to health problems. I have loved the idea of working and earning my own money, just never had the chance. So working from home could change my life! Do you have any advice on a really easy, simple way to get started and earning soon? I’m not looking to earn a lot or any thing, and it doesn’t need to be fun or interesting, I just want something easy to start with. I don’t particularly have many skills, but I can type and I have the free time. Any advice would be really appreciated. Thanks 🙂
The 50-30-20 rule is a great one to follow when it comes to budgeting. It’s broken down like this — 50% of your income should go towards living expenses (rent, utilities, transportation, and household necessities), 20% should go towards investments and financial goals (401k, other investments, and debts) and the last 30% is flexible spending money. Following this rule will ensure you’re not overspending or putting money somewhere it shouldn’t be.
At work, you had to keep your desk neat so that you looked organized—and sure, it’s always helpful to see the top of your desk. But at home, who cares if clutter collects around you? Well, don’t fall into that trap (especially video conference calls are part of your routine). While you might miss the building services team, who used to wipe down your crusty keyboard and empty your waste paper baskets every night, it’s ultimately up to you to keep your space spic and span so you can do your best work.
Great article, thanks. I’m a Mom of 4, now a hands-on Nanna. Pretty hard to get things done when your kids are small. When my oldest was being bullied at school I was a single Mom and desperately needed money to pay for an alternative private school. So I became an ethical dog breeder. Twenty seven years on I’m still doing it and reckon it beats most other options out there hands down.
401k: Be sure to take advantage of your employer’s 401k plan by putting at least enough money to collect the employer match into it. This basically means that for every dollar you contribute, your company will match that (pre-tax!). This ensures you’re taking full advantage of what is essentially free money from your employer. That match is POWERFUL and can double your money over the course of your working life:
That’s my plan. No kids, no spouse, parents deceased. I’ll never be able to retire. On PSLF, but forgiveness not approved until 120th payment. Many are not being forgiven now. I take courses to stay in deferment. FedLoan bases payment on gross; not net. How does that make any sense?! After bills I can’t afford the payment. I have 3 grad degrees. Was supposed to be a psychologist. APA & NCE won’t accept my 15yo degrees for the national exam. So I teach at a CC. Over 180,000 in debt now and it grows monthly.
How to Get It: Begin with sites like UserTesting.com, YouEye.com and Userlytics.com. Register with multiple companies for opportunities to test as many websites as possible. Once you're in the system, you'll be emailed when testers are needed, and if you're one of the first to respond, expect to spend 15 to 20 minutes completing the test. Many sites require a microphone and/or webcam, which are built into most laptops—but if you need to buy one, they aren't expensive. The tester sites typically pay within a week or two via PayPal.
I’ve been employed since the age of 14, and now, some 43 years later, I’ve been forced to end my beloved career because of chronic pain (I’ve endured 8 spinal surgeries which included the replacing my lower spine with a titanium rod) and my constant struggle of ensuring my depression remains totally in remission, has left me with an existence rather than a life.
Online teaching jobs can be found at a number of different websites across the web. If you’re interested in TEFL jobs, VIPKID, Gogokid, EF Education First, and Hawo American Academy are legit sites to look for jobs. For general tutoring, websites like Tutor.com and Varsity Tutors are good places to start. Keep in mind that you’ll likely need to complete a video interview before being hired.