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12 Ways To Earn More Money While You Have A Full-Time Job

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12 Ways To Earn More Money While You Have A Full-Time Job

In a world where we are faced with towering levels of responsibilities, it has become common for adults to take on two or more jobs to earn more money and make ends meet. Whether it’s to support one’s education, help a loved one financially, or simply to make sure that we are financially secured, acquiring more than one job is no longer out of the ordinary. We’re now more adaptive to our environment and the endless changes that cross our paths, making us braver to step ahead from mediocrity.

In this modern age, advanced technology is something that people take advantage of. It has now become a platform where work is done faster and where communication is easier. Through these conduits, entrepreneurs and job-seeking individuals have become dependent on the internet.

For some however, earning extra can still be done the old-fashioned way. Your skill set and internal strength define what services you can offer.

If you’re thinking about expanding your horizons and taking on a new source of income, you have come to the right place. Here’s a list of jobs that can help provide the extra earnings that you need:

1. Tutor online

This has become a common part-time job for some who already have day jobs. The good thing about being an online tutor is that you are totally in control of your time. Most online tutors provide English lessons to non-English speaking individuals from countries like South Korea or China.

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2. Be an online writer

This is another common part-time job for job seekers. Although this is a little bit more complex than being an online tutor, getting a job as online writer is a surefire way to broaden your knowledge about something you haven’t encountered before.

3. Post videos on Youtube

Social media channels like Youtube offer their users a fun, engaging way to earn by simply posting videos on their site. Clips that contain pornographic, offensive and/or inappropriate material are big deal-breakers. Remember, if you want to make money online, do it in a decent way.

4. Invest in stocks

Stock investment is an area that entrepreneurs usually take part in. By investing your money through stocks and bonds in the international market, there’s a risk that you need to be prepared for. If you think you have enough courage to put your savings out there, then go for it. Just make sure you have a financial advisor to monitor your progress.

5. Become a freelance consultant

If you have a broad knowledge of a certain subject, like accounting, law, or sales, then this kind of part-time job is the right one for you. Assess your own previous experiences that have helped you become an expert in your field. Employers are now willing to hire freelancers to cover their short-term projects.

6. Offer typing jobs

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    Photo credit: Source

    Proud of your typing skills? Let your skill be known by seeking out employers who need help in completing a typing project. This kind of job usually comes with deadlines, so make sure you get the job done as discussed.

    7. Be a babysitter

    If you’re tired working in front of a computer all day and need some time to earn comfortably, getting a job as a babysitter could be the right one for you. Babies will be your bosses and your sole job requirement is to keep them happy. Win-win, right?

    8. Take nightshift gigs

    If you love an active nightlife, embrace it even more by seeking out jobs that operate past 6 pm. Bartending, waiting tables, or DJ-ing are some of the jobs you’ll find in this area.

    9. Sell baked goodies

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      Photo credit: Source

      If you have the tools, knowledge, and a handy recipe book, selling cookies, cupcakes, bread, and other baked goods may be a great part-time gig for you. Be mindful of your quality, as this will be your top asset among your competition.

      10. Be an Uber driver

        Photo credit: Source

        Someone who loves to drive and knows the rules of the road is the perfect person to be an Uber driver. If you think you exemplify these attributes, why not try giving it a shot?

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        11. Be an online translator

        If you’re bilingual or multi-lingual, there’s a long list of employers who are waiting to hire someone with your skill set.

        12. Sell used items, like gadgets

        Let go of your old gadgets by selling them online. Not only you have made a profit from them, but you can also make someone extra-happy by selling them for a low price!

        I hope this list helped you in picking out your new part-time job! Good luck in your new endeavor!

        Featured photo credit: To Earn More Money via lifehack.org

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        Last Updated on July 20, 2021

        Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

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        Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

        Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

        Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

        Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

        In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

        Break Free of Your Finances

        Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

        When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

        Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

        Though it seems hard to believe, it is really very simple to get financial freedom.

        To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

        While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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        Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

        1. Stop Unnecessary Spending

        We often spend money inwardly, instead of objectively.

        For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

        To stop this habitual spending, log down all your spending over the course of a month.

        Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

        This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

        2. Plan a Monthly Budget

        This is a great opportunity to get serious.

        Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

        Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

        3. Cut-up Credit Cards

        Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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        If not, you may want to consider ridding your life of the burden that credit cards bring.

        Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

        Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

        4. Increase Savings

        There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

        It’s good practice to save up to 15% of your income.

        Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

        Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

        5. Invest Wisely

        Consider investing in funds.

        Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

        To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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        Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

        6. Invest in Gold

        There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

        You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

        Another way to invest in gold is through ETFs (Exchange Traded Funds).

        These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

        With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

        7. Stash Emergency Funds

        Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

        If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

        Make it hard to get your cash.

        Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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        8. Find Fabulous Mentors

        Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

        If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

        There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

        9. Be Extra Patient

        Patience is the key of financial success.

        Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

        So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

        Financial Freedom for All

        Anyone can achieve financial freedom, regardless of their financial circumstance.

        Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

        Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

        Featured photo credit: rawpixel via unsplash.com

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        Reference

        [1] Hartford Gold Group: IRA Retirement Accounts

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