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10 Simple Things You Can Do To Earn More Money

10 Simple Things You Can Do To Earn More Money

There are many different, simple things you can do to earn more money. And who wouldn’t like a little extra money to add to their income this year? Just think of all the things you could buy with some extra side income.

Here are 10 simple tips that will put more cash in your pocket:

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Earn money by cutting back

1. Cancel any memberships or subscriptions you don’t use. For example, do you subscribe to a magazine or a service like Netflix or Hulu? If you don’t use the subscription on a regular basis it might not be worth paying for anymore. The same goes for memberships. What about cable television? Cable is expensive and for most people it’s not even worth paying for, since there is so much media available through other methods online and through Hulu, Netflix, YouTube and torrent websites.

2. Take a look at your variable expenses, like phone bill, car insurance, groceries and gas. Can you get cheaper car insurance or cut your phone bill in half? Eating out less and being smart with how much you spend on food and health items can help save money and put more money in your pocket.

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3. Go through your belongings and sell things on Craigslist, eBay or Amazon. You most likely have a couple of things laying around that you don’t use anymore or don’t really need anymore. Think of old electronics, clothing and other items that you can part with and list them online for sale. You could also look at recycling centers in your area that may allow you to recycle electronics like TVs, cameras and computers.

4. Sell unwanted things to a pawn store or to friends. Pawn stores are a great option if you want to get rid of unwanted items and make some quick cash. Pawn stores sell a variety of items that people have sold to them, so there’s a good chance they might be interested in whatever you’re trying to sell. Also, post your items on social media for friends to see. Oftentimes a friend might like to purchase something you have for sale because they can get it at a discounted price and it’s something they want or need. This is especially true with items like baby clothing and other baby items, adult and children’s clothing, purses and electronics.

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5. Host a clothing swap or yard sale at your house. Charge an entrance fee for others to join and sell their belongings too. You can sell your unwanted belongings and make money on both the entrance fee and items that sell. A clothing swap or yard sale is a good way to get some friends and family involved to sell their unwanted items, then everyone can make a little extra money this way.

Simple ways to earn money

6. Write an e-book and sell it on Amazon and Smashwords. Writing an e-book is easier than ever. All you have to do is write your book in Microsoft Word or any other similar word processing program, upload it to Amazon, use Amazon’s cover creator and then list it for sale through their Kindle Direct Publishing site. It’s also a very easy process to upload a book to Smashwords and sell e-books there. You can make anywhere from a couple of dollars a month to considerably more depending on how many copies you sell, what you choose to charge for the e-book and the royalty that is paid out to you. It’s an easy way to make some extra money continuously.

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7. Write articles for websites like Lifehack. There are several reputable article websites out there that pay per article you write. With a little time and effort you can make a little or a lot of extra money, depending on how many articles you want to write.

8. Sell your photos online. You’ve probably got tons of original photos you’ve taken on your phone, with a camera or another device throughout your life. There are several websites where you can sell your photography. Here’s a list of photo websites where you can list photos for sale:

9. Make something and sell it on Etsy. If you are crafty then Etsy is just the place for you. You can create one-of-a-kind products and sell them on Etsy. Make sure to advertise them on social media like Pinterest, which is great for specialty items, crafts, clothing and gifts.

10. Sell your plasma. Do a search to find the closest location to you that will allow you to sell your plasma. Oftentimes you can earn up to $130 for the first four times you donate plasma. Make an appointment, go in to have it done and walk out with cash in hand. You can repeatedly donate so this is something you can do occasionally to make a little extra if needed. Plasma donors should check with their local donor facility to find out how often they can donate. Donating plasma is a little more involved than donating blood and requires a little more time.

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Published on November 8, 2018

How to Answer the Tough Question: What are Your Salary Requirements?

How to Answer the Tough Question: What are Your Salary Requirements?

After a few months of hard work and dozens of phone calls later, you finally land a job opportunity.

But then, you’re asked about your salary requirements and your mind goes blank. So, you offer a lower salary believing this will increase your odds at getting hired.

Unfortunately, this is the wrong approach.

Your salary requirements can make or break your odds at getting hired. But only if you’re not prepared.

Ask for a salary too high with no room for negotiation and your potential employer will not be able to afford you. Aim too low and employers will perceive as you offering low value. The trick is to aim as high as possible while keeping both parties feel happy.

Of course, you can’t command a high price without bringing value.

The good news is that learning how to be a high-value employee is possible. You have to work on the right tasks to grow in the right areas. Here are a few tactics to negotiate your salary requirements with confidence.

1. Hack time to accomplish more than most

Do you want to get paid well for your hard work? Of course you do. I hate to break it to you, but so do most people.

With so much competition, this won’t be an easy task to achieve. That’s why you need to become a pro at time management.

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Do you know how much free time you have? Not the free time during your lunch break or after you’ve finished working at your day job. Rather, the free time when you’re looking at your phone or watching your favorite TV show.

Data from 2017 shows that Americans spend roughly 3 hours watching TV. This is time poorly spent if you’re not happy with your current lifestyle. Instead, focus on working on your goals whenever you have free time.

For example, if your commute to/from work is 1 hour, listen to an educational Podcast. If your lunch break is 30 minutes, read for 10 to 15 minutes. And if you have a busy life with only 30–60 minutes to spare after work, use this time to work on your personal goals.

Create a morning routine that will set you up for success every day. Start waking up 1 to 2 hours earlier to have more time to work on your most important tasks. Use tools like ATracker to break down which activities you’re spending the most time in.

It won’t be easy to analyze your entire day, so set boundaries. For example, if you have 4 hours of free time each day, spend at least 2 of these hours working on important tasks.

2. Set your own boundaries

Having a successful career isn’t always about the money. According to Gallup, about 70% of employees aren’t satisfied with their current jobs.[1]

Earning more money isn’t a bad thing, but choosing a higher salary over the traits that are the most important to you is. For example, if you enjoy spending time with your family, reject job offers requiring a lot of travel.

Here are some important traits to consider:

  • Work and life balance – The last thing you’d want is a job that forces you to work 60+ hours each week. Unless this is the type of environment you’d want. Understand how your potential employer emphasizes work/life balance.
  • Self-development opportunities – Having the option to grow within your company is important. Once you learn how to do your tasks well, you’ll start becoming less engaged. Choose a company that encourages employee growth.
  • Company culture – The stereotypical cubicle job where one feels miserable doesn’t have to be your fate. Not all companies are equal in culture. Take, for example, Google, who invests heavily in keeping their employees happy.[2]

These are some of the most important traits to look for in a company, but there are others. Make it your mission to rank which traits are important to you. This way you’ll stop applying to the wrong companies and stay focused on what matters to you more.

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3. Continuously invest in yourself

Investing in yourself is the best investment you can make. Cliche I know, but true nonetheless.

You’ll grow as a person and gain confidence with the value you’ll be able to bring to others. Investing in yourself doesn’t have to be expensive. For example, you can read books to expand your knowledge in different fields.

Don’t get stuck into the habit of reading without a purpose. Instead, choose books that will help you expand in a field you’re looking to grow. At the same time, don’t limit yourself to reading books in one subject–create a healthy balance.

Podcasts are also a great medium to learn new subjects from experts in different fields. The best part is they’re free and you can consume them on your commute to/from work.

Paid education makes sense if you have little to no debt. If you decide to go back to school, be sure to apply for scholarships and grants to have the least amount of debt. Regardless of which route you take to make it a habit to grow every day.

It won’t be easy, but this will work to your advantage. Most people won’t spend most of their free time investing in themselves. This will allow you to grow faster than most, and stand out from your competition.

4. Document the value you bring

Resumes are a common way companies filter employees through the hiring process. Here’s the big secret: It’s not the only way you can showcase your skills.

To request for a higher salary than most, you have to do what most are unwilling to do. Since you’re already investing in yourself, make it a habit to showcase your skills online.

A great way to do this is to create your own website. Pick your first and last name as your domain name. If this domain is already taken, get creative and choose one that makes sense.

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Here are some ideas:

  • joesmith.com
  • joeasmith.com
  • joesmithprojects.com

Nowadays, building a website is easy. Once you have your website setup, begin producing content. For example, if you a developer you can post the applications you’re building.

During your interviews, you’ll have an online reference to showcase your accomplishments. You can use your accomplishments to justify your salary requirements. Since most people don’t do this, you’ll have a higher chance of employers accepting your offer

5. Hide your salary requirements

Avoid giving you salary requirements early in the interview process.

But if you get asked early, deflect this question in a non-defensive manner. Explain to the employer that you’d like to understand your role better first. They’ll most likely agree with you; but if they don’t, give them a range.

The truth is great employers are more concerned about your skills and the value you bring to the company. They understand that a great employee is an investment, able to earn them more than their salary.

Remember that a job interview isn’t only for the employer, it’s also for you. If the employer is more interested in your salary requirements, this may not be a good sign. Use this question to gauge if the company you’re interviewing is worth working for.

6. Do just enough research

Research average salary compensation in your industry, then wing it.

Use tools like Glassdoor to research the average salary compensation for your industry. Then leverage LinkedIn’s company data that’s provided with its Pro membership. You can view a company’s employee growth and the total number of job openings.

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Use this information to make informed decisions when deciding on your salary requirements. But don’t limit yourself to the average salary range. Companies will usually pay you more for the value you have.

Big companies will often pay more than smaller ones.[3] Whatever your desired salary amount is, always ask for a higher amount. Employers will often reject your initial offer. In fact, offer a salary range that’ll give you and your employer enough room to negotiate.

7. Get compensated by your value

Asking for the salary you deserve is an art. On one end, you have to constantly invest in yourself to offer massive value. But this isn’t enough. You also have to become a great negotiator.

Imagine requesting a high salary and because you bring a lot of value, employers are willing to pay you this. Wouldn’t this be amazing?

Most settle for average because they’re not confident with what they have to offer. Most don’t invest in themselves because they’re not dedicated enough. But not you.

You know you deserve to get paid well, and you’re willing to put in the work. Yet, you won’t sacrifice your most important values over a higher salary.

The bottom line

You’ve got what it takes to succeed in your career. Invest in yourself, learn how to negotiate, and do research. The next time you’re asked about your salary requirements, you won’t fumble.

You’ll showcase your skills with confidence and get the salary you deserve. What’s holding you back now?

Featured photo credit: LinkedIn Sales Navigator via unsplash.com

Reference

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