A Sampler Of Ways To Make Money
There are many ways to make money, but not all of them are suitable for everyone. To determine which money making method is most likely to be satisfactory, first ask yourself a few questions.
- Do you need a short burst of funds, for instance to buy gifts?
- Do you already have a stable income, but can't wait for the next check?
- Do you want a stable, long-term income or do you want to go for the big bucks?
- How much risk can you handle?
- Can you handle it if the income source dries up overnight?
If you need money fast and you have a stable income already, you might consider taking out a short-term loan. These loans are fairly easy to get. The catch is that they will usually take the payment right out of your bank account when payday rolls around. This gives them the common name of "payday loans." They carry high fees, but can be great when you need car repairs or have to pay for some other emergency.
When a loan isn't the answer, you can pick up some quick money by doing odd jobs or housecleaning. If you're good at do-it-yourself projects, that's even better: handyman work pays quite well in some areas. The key to success with this kind of work is to avoid areas with a lot of lower-middle or poor residents. Hit the richest area you can get to. Drive or ride the bus until you see the manors and don't stop until you do. Then paper that neighborhood with flyers. They'll gladly pay up to five or 10 times more than you can get in a poor area. Don't even bother with apartments of any level. Maintenance is part of the rent in these places.
If you're looking for stable, long-term income, the answer is unfortunately both simple and depressing: Get a job. The regular form of employment doesn't pay too well unless you can make upper management, but it is likely the most stable income you can have. If you're having trouble finding employment, try a temporary help agency. These jobs usually don't last but they give you something to put on your resume when seeking permanent work.
For those who find the prospect of spending their life in someone else's building quite abhorrent, there are some options that grant a degree of stability. Self-employment is almost never truly stable. Some types, however, are less risky than others. Freelance writing is a good option when you want to avoid being a wage slave yet still desire a degree of predictability. Web design, transcription and at-home phone work are other good options in this category.
If you want to go all out and are ready to risk it all, there is a way to make money that beats almost all others: sales. In sales, you can literally become a millionaire in a year or you can lose everything. Doing well takes a good product, the ability to expose that product to huge amounts of people, the ability to promote yourself as the best source for the item, and a great sales pitch. Never let anyone tell you that success at sales has a single thing to do with luck. It is all skill, and you will have to practice until you succeed. While overnight success is rare, you can do quite well at it if you persevere. Still, if you have bills to pay, it is safest to have a more stable income to add to your commission checks.
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