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7 Practical ways to make money

By Edited Nov 13, 2013 0 0

ways to make money

The internet is flooded with articles on how to make money. However, many of them are time-comsuming, impractical, and many of them are scams. Here are some practical ways you can make some quick money:

  1. Sell your stuff

    When you absolutely, positively, need money right away, this is the quickest way. Sell your stuff on eBay, Amazon, and Craigslist. Chances are, you have lots and lots of stuff at home that you just don't use. This can range from anything from books to electronics to toys to household appliances. The more items you list online, the more money you will make, so list as much as you can!

  2. Find a job

    This is an obvious one, but if you want a steady cashflow, a job is one of the easiest ways to acheive that. In this economy, it may be hard to find a job, depending on where you live and what kind of work experience you have. Apply to as many places as you can possibly find, and make sure that all of your friends who have jobs, know that you are looking for a job. If a position opens up at their workplace, make sure that they refer you to their hiring manager. The easiest way to get hired anywhere is by being refered by someone who already works there. 

  3. Can't find a job? Do a temporary gig on Craigslist

    Go to the gigs section on Craigslist. Compared to a job, a gig is unofficial, temporary, and thus, easier to get hired. This will help you meet new people. Try to keep in touch with these people, and they may help you get hired at their workplace.


  4. Want something with a more flexible schedule, that possibly pays more? Become self-employed.

    There are dozens of forms of self-employment, ranging from blogging, to freelance writing, to owning a gyro stand. But because of the title of this article, I will choose the most practical ones that will get you paid the fastest.

    Become  a tutor/coach in something that you are good at. For example, if you wanted to be an algebra tutor, you would start by posting fliers all around high schools, libraries, and anywhere else your customers (high school students) would be likely to go. Also, post on craigslist, Facebook, and make sure all of your friends know to direct any potential customers to you. You can easily charge $10-$15 per hour, which is well over minimum wage.

    Drive Taxi. It only takes about a month to finish the classes and get a license, and once you are experienced, you can easily make over $1,000 a week. Of course, if you don't have a job yet, you're probably still in college and can't work 5 days a week. That's fine, you can work on weekends and vacations and still make a decent amount for the small amount of time that you put in. The flexible schedule will allow you to take off whenever you need extra time to study for classes. Fair warning: it's not an easy job, especially at the beginning, and takes a lot of hard work and commitment. 

  5. Apply for work study

    Usually, you just sit there and surf the internet, and get paid for it. I'll give you a tip that I did, that got me hired the very next day: I filled out the application, then I wrote a letter on a separete sheet of paper stating that I really needed some experience in the feild of computers (I was a computer science major) so if they could give me something related to that, I'd be happy to work even without pay, because all I really wanted was the experience. Things like that make you stand out from all of the other applicants and seem passionate about what you are going to. Even if you're actually the laziest bum in the world, like me. 

  6. Have a lot of Facebook friends? Use your popularity to create a brand on Facebook, then use it to sell products.

    A friend of mine does this, he has over 6,000 followers on his Facebook page. He simply updates his page with interesting content every once in a while in order to keep his fans engaged, and to grow his following. Then, he prints T-shirts and sells them. 

    This kind of thing takes a lot of time, commitment, and a lot of knowledge regarding business and marketing in order to work well. I wouldn't recommend this to someone who doesn't have any interest in doing business. However, someone who does have a passion for creating his own small company would definitely enjoy this. 

  7. Consider long-term saving strategies and different ways of building your residual income.

    A research was done on 100 Millionnaires, and one of their most common traits was that they all had multiple sources of income, rather than just one. The key to acheiving this, is building your residual income, which is basically money that continues to flow into your bank account long after you've done the job. This may sound absurd if you've never heard of it before, but bloggers, website owners, and business owners make money all the time in that fashion. The key is to work hard and set things up correctly once, and reap the benefits for years to come. To go into detail about this would be to go beyond the scope of this article, but I've written a separate article about it. 

If you always find yourself short on money you may also want to look into ways to save money as opposed to just focusing on making more. If you save money on things you tend to waste it on, then you'll have more money in the bank at the end of the day, so it carries equal importance as making more money. 

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