Advertising
Advertising

How to Hack Your Social Media Skills to Make Bank

How to Hack Your Social Media Skills to Make Bank

Ever find yourself helping a neighbor build a Facebook page? Or talking to a friend about how Pinterest could drive potential customers to her website? Or showing a former colleague how to use Twitter to connect with influential people?

I was hiking in the woods with a friend several years ago, helping him brainstorm how to use social media to find clients for his adventure expeditions, when he suggested I start using those smarts to make bank. He suggested I let people hire me to help them the same way I was helping him.

My first reaction was to balk. “I don’t know enough about social media to do that,” I told him.

“Are you kidding?” he responded. “Everything you’ve told me is worth paying for.”

The next month I landed my first client, and my business has snowballed since then.

Advertising

That friendly chat — and the success that followed — helped me realize something big: that I do have something to offer that’s worth paying for. Sometimes when your knowledge seems familiar and normal, you don’t recognize it as an asset. You think everyone has those same skills.

But if you’re good at something, there’s probably someone out there who’s not good at it, who needs it, and who’s willing to pay for it. Moreover, there are a whole lot of people, organizations, and companies that need help with social media.

If you have social media skills, that’s where your opportunity comes in.

Now, you don’t want to be one of those gurus or ninjas who claim they’re in-the-know about social media and then haven’t the faintest idea how to grow an online community. But if you’re like most people, you likely have the opposite problem; you probably underestimate yourself and your skills.

If you think you’re almost to the point where you could take on social media freelance work but don’t quite feel comfortable yet, here are a few things you can do to take your confidence and savvy to the next level:

Advertising

Work for free to gain experience

By the time I had that conversation with my friend in the woods, I’d already helped an organization spread the word about their cause on Twitter. I did this because I wanted to help the movement, not because I wanted to gain experience. However, in retrospect, that work helped me gain the knowledge — and recommendations — I needed to land paid work.

So who can you lend a hand to? Who can you help? How can you turn that opportunity into a way to learn?

The best part is no one will ever know you didn’t get paid. Experience is experience, and connections are connections. Whether you got paid for that work is irrelevant, so leave out that detail when you interview for your first paid position.

If you can’t find a company or individual to let you work for them — or maybe you don’t even feel comfortable doing that yet — practice with your own accounts. One friend of mine even has a Facebook account for her cat (apparently there’s an underground culture of cats on Facebook?) that she uses to test new ideas on the platform.

Brush up on your skills through a course

In addition to learning by doing, you can master social media through more formal instruction. You’ll find lots of social media courses online, each with its own focus. I often several on my own site, including a guide on how to create a social media strategy and a five-week course that will help you become a Twitter Power User.

Advertising

Again, you can learn this stuff for free, so don’t feel like you have to take a course! But some people learn faster and more thoroughly with more structure and guidance.

Mimic the best

One way to teach yourself is to find a handful of Facebook pages or Twitter feeds or Pinterest accounts that are hitting it out of the park, and study their tactics.

Create a Twitter list of companies, non-profits, or individuals who effectively use the platform to grow their following. Alternatively, put together a list of Facebook pages that do a stand-up job of interacting with fans.

By simply watching what successful people do, you’ll learn more than you could imagine.

Push yourself to get started

The timing will never feel right. You’ll always wish you knew more, had more experience, and had more contacts. However, if you wait until every single piece is in place before diving in, you’ll never get started.

Advertising

Not sure how much to charge? This post on fees for social media freelance work will help you figure that out.)

Once you do get started, you’ll learn as you go along. You’ll hit an obstacle you haven’t hit before, and you’ll figure it out. A client will request something you don’t know how to do, and you’ll teach yourself that skill out of necessity.

Learning as you go along doesn’t mean you’re a scam, it means you’re smart. Being able to do that is essential, especially in a field like social media that morphs regularly.

Because Facebook will make a tweak that requires you to build a page in a totally different way. Twitter will introduce a feature that changes the game completely. And some new social media tool will pop up (monthly, weekly, even daily) that you’ll have to evaluate — and decide whether it’s worth using. You’ll be forced to learn as you go along no matter how much knowledge you start out with.

So what are you waiting for? Get out here and make some moolah from your skills.

Featured photo credit:  Euro bills in a blue jeans pocket via Shutterstock

More by this author

How to Hack Your Social Media Skills to Make Bank The Best Social Media Advice You Never Hear

Trending in Money

1 How to Nix Your Credit Card Debt in Less Than 3 Years 2 Top 5 Spending Tracker Apps to Manage Your Budget Smart in 2019 3 How to Use Credit Cards While Staying Out of Debt 4 How to Use Debt Snowball to Get out from a Financial Avalanche 5 How Personal Finance Software Helps You Get More Out of Your Money

Read Next

Advertising
Advertising
Advertising

Last Updated on April 3, 2019

How to Nix Your Credit Card Debt in Less Than 3 Years

How to Nix Your Credit Card Debt in Less Than 3 Years

Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

Hint: there are ways that are easier than you think.

1. Consider Consolidating Multiple Credit Cards If Possible

This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

Advertising

Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

2. Try to Pay the Full Balance You Spent Each Month at the Very Least

You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

3. Pay Extra When You Can – Every Small Amount Counts

This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

Advertising

It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

4. Create a Plan on How to Pay Extra

Back to the main point, having this plan is giving you one less thing to think about.

This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

5. Cut out Costs for Services You Do Not Use

If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

Advertising

6. Get Aggressive About It

Consider these points:

Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

7. Reevaluate Your Progress at Set Intervals

Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

Advertising

Finally (and most importantly)…

8. Keep Trying

Do not get discouraged. Pushing it off will make it worse. Just keep trying.

Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

Start Knocking out Your Debt Today

The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

More Resources About Better Money Management

Featured photo credit: Pexels via pexels.com

Read Next