We're in an explosive era of growth. Thanks to the birth of the internet and our newfound global connectivity, generating a real income online, no matter where you live or what you do, has become a modern-day convenience. Gone are the doldrums of 9-to-5 employment and the necessity to head into a life-sucking corporate job. Today, the so-called "dream" revolves around the lifestyle entrepreneur, able to make money, travel the world and live life to the fullest from anywhere on the planet.
You know those top-down cooking or craft videos you just can’t seem to get away from these days? There are people out there making a living from them. 78% of B2C companies depend on user-generated content, like those videos, for their marketing campaigns. You can sign up as a creator on a site like Darby Smart and potentially work with brands like Nordstrom, Mattel, and BarkBox. Or, learn how to master PPC advertising and you can use the content to build your YouTube following and monetize through ads and views.
When you put it in these terms, you see how spending $20 here and $40 there can make a huge difference in the long run. Given that money has the ability to work in your place, the more of it you employ, the faster and larger it has a chance to grow. Along with more money comes more freedom - the freedom to stay home with your kids, the freedom to retire and travel around the world, or the freedom to quit your job. If you have any source of income, it is possible for you to start building wealth today.
To get started, log in to your Amazon.com account and then look for the tiny link in the bottom for Amazon Associates. Sign up there. When you’re done, it will give you a special link. For example, mine is improvphotog-20. Take that and add it to any normal Amazon link. So you might find a particular baby teething ring you like and go to that page on Amazon. Now copy the link. It’ll be really long, but let’s pretend it’s http://amazon.com/baby-teething-ring Now just write your code on the end like this: http://amazon.com/baby-teething-ring/improvphotog-20 Now all you have to do is post that link all over the place!
I’ve been doing affiliate marketing for the past 6 months and it pays pretty good money. In addition to that I receive training on how to do well. The best thing about it besides getting a side income, I didn’t have to pay anything to get started. So many scams out here asking for money. If you want to make money and not spend it I have a few suggestions.
You could try advertising more, for example, by putting up signs around the neighborhood, posting about it on social media, or having people you know spread the word. You could also try doing it in a different neighborhood that might have friendlier people, or do it in a time and place where there's likely to be a lot of people walking around the area (e.g., near a church before the end of a mass).
I advocate for the Tim Ferris, multiple income stream strategy. It’s important to have a diversified portfolio and automatic income streams that supplement your basic income earned through work. Selecting the best investment and income streams requires a person do the research, but very basic strategies can be employed that grow the money nest. I think the article is right to say it’s better to earn rather than save more than you spend, because saving money can depend on very specific contexts, while earning money tends to be more predictive. Good article.
While cryptocurrency is still relatively new, it will ultimately become the standard. Bitcoin and Etherium might be the primary cryptocurrency platforms today, but the US Dollar will eventually become the Digital Dollar by leveraging the blockchain. You can take advantage of the current boom in cryptocurrency by trading it through platforms like eToro and Kraken, amongst many others.
Before you start regularly saving and investing money, it's usually a good idea to pay down any debts you may have accumulated. Credit card debt, student debt, and even car loans can carry heavy interest rates that drag you down, demanding monthly installments that chip away at your revenue while racking up additional interest and penalties that take away even more money from your future self. Don't let this eat away at your potential; make it a first-line priority to get rid of your debt as soon as possible.
Websites like Care.com connect parents with babysitters. The company does all the background checking and other due diligence to put parents' minds at ease. Of course, you can appeal directly to people in your personal network, but if you're looking to generate recurring revenue sign up with a site marketing to parents looking for child care services.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.