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5 Alternative Ways to Make Money

5 Alternative Ways to Make Money

Saving money is difficult in today’s world, and making extra money outside of your 9-to-5 is also too much of a hassle to worry about.

The above statement is one that definitely reflected my own attitude towards money for a long time, and I’m sure it’s one that rings true for many others out there as well.

There is no denying that it is hard to save money, and most of us just don’t have any energy left at the end of the week to be thinking about getting a second job. However, our financial future is not something we can afford to ignore.

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What I’ve come to realize is that saving, and financial planning, does not necessarily mean relying on traditional, low-interest savings accounts, stocks, shares, or getting onto the property ladder. All of these things might come later once you achieve more breathing space, but there are some alternatives and possibly fun ways to go about making small amounts of money.

1. Collectibles (Sports Memorabilia/Comic Books…)

The lovely thing about making money from collectibles is that you will most likely be turning an existing hobby into a money making scheme. Okay, this is a long-term way to make money as the prices of things in this market only tend to rise in value over time (they become more unique). However in the short-term, it’s a great way to geek-out and have some fun. You never know if your chosen collectible is one that hits the cultural zeitgeist further down the road, it might just end up paying for your retirement.

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    2. Let An App Do It For You

    Investing is the big boys’ way to make money. This is true, but you don’t have to be the Wolf of Wall Street to make money this way anymore, thanks to the many user-friendly routes that are now out there. It does take a lot of time and hard work to master the markets, not to mention a sizeable starting kitty, but, as with all things in modern-life, there are now plenty of apps ready to do it for you.

    From apps that connect to your bank account and round up all of your card payments and invest the total for you, to stock market simulators that let you learn without risking a penny, it’s never been easier for the little man or woman to dip their toes into the world of high finance all through the comfort of your own phone.

    3. Peer-to-Peer Lending

    When you sign up for a peer-to-peer lending scheme, or lending club, you get the chance to become the bank. With starting investments as low as $25, however, there is zero obligation for you to invest anymore than you can afford. The beauty in this method of making money is that you are always in control, and you get to take pride in knowing that you are helping your peers’ businesses get up and running.

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    There are obvious risks attached to this kind of scheme, but it’s definitely a light way of learning how finance works while making money at the same time. This is not to mention that it’s an interesting, potentially quite inspiring, and profitable method as well.

    4. Start Ups

    Just think of all of those companies that didn’t even exist 5 or 10 years ago which are worth billions today. Uber, Instagram, and Snapchat, are just a few of the examples that come to mind quickest. Now, think about how simple their basic concepts are. The concepts might be simple, but the people behind them all had big ideas. Big ideas that didn’t necessarily have a lot of backing from the outset.

    Today there are so many crowd-funding platforms out there, that it’s not impossible for you to catch that next gravy-train all the way up to a Facebook buy-out. Okay, that is pretty unlikely, but it isn’t impossible. Simply engaging with people with bright ideas who are working in fields that interest you, is a really inspiring way to go about developing yourself.

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    The start-up you choose to help out might not make money, but just seeing what other people are trying to achieve could very well give you the little push to go out and make sure that the next basic concept to become a billion dollar business is your own.

    5. Yourself

    This might be a bit of a cheat addition to this list, but it is essential for you to remember that there is only one person in ultimate control of your own financial destiny. Little sacrifices may have to be made here and there, but boosting your education is probably the most surefire way to a brighter economic future.

    Whether this comes in the form of a night-course where you learn how to code in order to make a complete career change, or studying Spanish on the weekends to impress your boss. An investment in yourself is always the one that runs the least risk, and also offers the highest rewards.

    Featured photo credit: Money by Sebjanssen via flickr.com

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    Last Updated on November 4, 2020

    15 Simple Ways To Make Self Improvement That Will Change Your Life

    15 Simple Ways To Make Self Improvement That Will Change Your Life

    Self-improvement doesn’t have to be big mind-blowing changes; it can actually be simple steps to improve upon what you already have to get you where you want to be.  However, what you will need is consistency, determination and wiliness to try some things that will stretch and challenge you.

    Rather than setting your sights way off into the future, which leaves you feeling like you’ll never make it, you can start following these simple and effective self-improvement steps today.  So if you want to make an immediate impact on your life and are willing to take action, then keep reading— you’ll going to love these!

    1. Be willing to work hard.

    As with anything in life, if you want something, you’ve got to work hard to get it.  This doesn’t mean you burn the candle at both ends, leaving you exhausted and leaving your personal life in ruins.  It merely means that when you want something badly enough, you’ll put in the time to get there.  Action is what’s important here and the more ‘inspired’ the action is, the better the results in the end.

    2. Make sure you have friends who you can talk to.

    Sharing the load is important as with any self-improvement. If you can communicate with others and get feedback on how you are doing then that’s great.  We all need ‘cheerleaders’ in our corner to keep us going when times get hard, but you also need to have people who will tell you how it is even when you don’t want to hear it.  So make sure you have a good support network around you, especially those people whose opinions you respect.

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    3. Adapt to your circumstances rather than over-thinking them.

    Sometimes, we can hit a hard period. Perhaps you’ve lost your job or your partner has left you.  Instead of over analyzing the situation, learn to adapt to your circumstances and accept them as they are.  It’s not about making your circumstances into some kind of a drama; remember, what you focus on expands which means you’ll get more of it.  You then don’t become your problems and you’ll feel a lot less burdened by them.

    4. Ensure that you use your time wisely.

    Time is of the essence, some might say; whilst others will say that time is an illusion.  One thing we do know is that you have one life on this planet, so how you use that time is of the utmost importance.  So how can you use your time wisely? Only you know how to do that, but look at how you currently spend your days: do you sit working all day, get home, eat and then sit slumped in front of the TV for the rest of the evening?  Your time on this earth is precious, so isn’t it time to make use of the time you have left? Try something new, go for a walk, learn a new language or meditate but make sure it’s something you absolutely love.

    5. Always be consistent.

    A wonderful way to self-improvement is to make changes to how you do things.  For example, with your friends, are you always the unreliable one who bows out of an arrangement just before it happens? Or are you someone who starts a new exercise routine and then stops doing it 3 weeks into it?  Whatever it is and whatever you do, always be consistent. When you make a commitment, stick to it. It will improve your life immeasurably you’ll feel more confident and happier with yourself, especially because you’ll know that whatever you tackle, you’ll be able to consistently do it!

    6. Go and find your happy place.

    No, I’m not saying “place” as in popping to your local bar or restaurant and gorging yourself on your favorite drinks or food. What I’m saying is to find out what you love to do, what makes you happy and go there.  Your happy place is a place where you find peace, where you lose yourself and feel contented.  Meditation is a great way to find your happy place; it brings you back to you and ensures that you are always living in the present moment.

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    7. Make sure you embrace all your emotions.

    In life you are going to find that it throws you some difficult challenges, sometimes it will bring out your fears and lead you into uncertainty, and other times it will be joyful.  It’s important to embrace all emotions that come up in your life, embrace them wholeheartedly and understand why they are there and then let them go.  Try not to dismiss or resist them because remember “what you resist, persists,” so embrace them each and every time.

    8. Always be prepared to step out of your comfort zone.

    The idea of stepping out of your comfort zone for some people can leave you paralyzed with fear; however for any changing in your life, your comfort zone will always have to be stepped out of.  It doesn’t have to be something big, like doing a sky-dive or something just as crazy. However, it’s worthwhile to change something that you’d once have feared, like going to the cinema on your own or eating at a sushi restaurant when the thought of trying raw fish which would normally mean you running for the hills.

    So try something new—it doesn’t have to be wacky, but it has to challenge you!

    9. Be on hand to help others.

    Whether it’s helping a stranger on the street or a family member or a friend helping someone else either in their time of need, lending a helping hand is a wonderful and simple self-improvement to make.  Giving to others is not only beneficial to those you are helping but also to yourself; it can give you a sense of purpose, of contribution and also takes your mind of your own troubles and worries.

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    10. Live in the present moment.

    A wonderful self-improvement tool is to live in the present moment, to live in the now.  It is within this moment that you’ll appreciate all that you have and see the beauty in the simplest of things.  Being mindful of your current circumstances and bringing your mind back to where it belongs will bring about a happier way of life instead of constant worry or stressing about the past or future—both of which do not exist. Only the present moment exists. When you get used to living that way, you’ll never want to go back!

    11. Learn something new.

    There is nothing so liberating as learning something new; it can lift both your confidence and self-esteem and give you a great reason to meet new people.  If you continually top up your brain activity by learning something new all the time, you’ll feel on top of your game and want to share the knowledge you have learned. There is nothing quite so empowering as learning a new tool in life that can either improve your circle of friends or raise confidence levels—or both!

    Reading is also a great way to help you learn something new:

    12. Exercise daily.

    This seems an obvious one, but exercise is so important not only to your health but also to your spirit.  We all know that after exercise, the world can feel a brighter and more positive place, so why don’t we do it more often?  Exercise isn’t about getting the perfect body or losing weight; it’s more about feeling good inside and out!  With a healthy body comes a healthy mind—so start something today. Even if it’s just a daily walk, it’s better than staying on that couch, again.

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    13. Go to new places, travel a bit.

    I’m not saying go fly off to some far away distant forgotten land—although you can if you so wish. It’s more about going to new places and experiencing life outside of your own back yard.  Too many of us stay in one place too often. We only see the same people, the same streets and do the same things each and every day.  If you want to improve your life, get out there and see the world and what it can offer.  You can start by going to a town or city you’ve never been to in your own country and checking out the architecture, the landscapes and the people.  Anything new is good, so get out there!

    14. Listen to uplifting music and dance.

    If there’s one thing that can really improve your life and get you excited about it, it’s listening to great uplifting music and dancing.  When was the last time you really let go?  Let it all hang loose and got into a piece of music and let yourself go?  Dancing, like exercise, makes you feel great. It releases all kinds of emotions and can make you feel unbelievably good.  Self-improvement isn’t all about the serious stuff; it can be something as simple as finding new music, music that inspires you and makes you dance and have fun!

    15. Get up earlier than normal.

    This is the last one, and it’s last because it’s one of those self-improvement tips that we all know is a good thing, yet we seem to avoid it at all costs!  If you think about it, the earliest part of the day is when your brain is most active because it’s been turned off for the last 7 hours or so.  So don’t you think it’s best to get all those things above done in the morning?  Things like exercise, meditation and dancing, which can all be done in the first part of the day.  Take it from me: this early morning stuff can really get your day started with a bang!

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    Featured photo credit: Laura Chouette via unsplash.com

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