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Make More Money: 5 Amazing Ideas That Will Help You Prosper In 2015

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Make More Money: 5 Amazing Ideas That Will Help You Prosper In 2015

I’m a huge advocate of making extra income and dabbling in entrepreneurship. In some cases, this side income can make enough to quit a bad 9-5 job and open up some new possibilities. From there the fun begins as we take a hold of our own lives and experience financial freedom!

So here are 5 ways you can make more money in 2015.

1. Rent out your car, bike, boat, outdoor equipment & extra land

If you’re not using it then why not make money off that asset? You could be making $250 a week from that nice bike you bought last Christmas or rent your extra car out and make an extra $2,000 a month!

For your bike, snowboard & surfboard:

spinlister

    For your car:

    relayrides

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      getaround

        For your boat:

        boatbound

          For your outdoor equipment:

          outdoor

            For your extra land:

            gamping

              2. Renting out your space

              People always need storage. You can charge people to store stuff at your house – a spare bedroom or basement would work perfectly.

              You probably have a friend or family member that needs your help with this right now. A few boxes in an area of the house you’re not using are a perfect idea when you need some fast cash. Think about those self-storage places; they make an absolute fortune! You would be solving a huge problem for people and creating an easy flow of income. Cha-ching!

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              Try posting an ad for this on Craigslist and start interviewing or try this:

              • Roost (Predominantly in San Franciso, California but expanding nationwide. Make $3,000 a year)

              roost
                • Sparechair (Launching soon. The twist here is people can use your space to work at home without being at home. The company is looking to help people network by making coworking fun and profitable. You can charge $10-$20 a day)

                sparechair
                  • Peerspace (If your space is creatively designed and can allow for groups of people to work then consider this)

                  peerspace

                    You can even rent out areas of your home to filmmakers and producers:

                    • Setscouter (If a director selects your home you can make up to $4,500 per day)

                    setscout

                      3. Drive people around

                      The days of investing money to purchase a taxi business have changed. Today you can freely partner up with a driving company and make $200-500 a day driving people with your own car. If you’re worried about insurance these companies take care of it all. The cool thing about this is you can be a driver whenever you want or treat it like a regular job and make approximately $65,000 or more a year.

                      Wondering where you’ll find paying customers? It’s all in the mobile app which you can download and check out now. For more information visit:

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                      • Uber (Available in most major cities)

                      uber
                        • Lyft (Just like Uber but with a cute pink mustache)

                        lyft

                          sidecar

                            shuddle

                              4. Voiceover

                              There’s a chance your voice is the type someone is looking for in their online or radio commercial. You’ll never know until you try. So find a quiet room away from distraction, stand up to project your voice, and record some samples. You don’t need the most professional equipment right now. Just use your mobile phone or computer microphone. Try these website’s for voice over work:

                              voicebunny

                                voices

                                  5. Writing blog posts

                                  There are more than a few blogs that you might follow. How much have you learned from reading, liking, commenting, and sharing this information? Quite a bit, I bet! If you enjoy it consider offering to write articles for them.

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                                  You don’t have to be a literary giant. Your thoughts are your thoughts and they’re valuable – treat them as such. You should get about 25 bucks per article which can take roughly 30 minutes to research and 30 minutes to write. If you write 40, you’ve got $1,000 – just like that! This is like working a 40 hour work week while staying in the comforts of home.

                                  Here’s one source writers can make $30 a short blog post and $65 a long blog post:

                                  scripted

                                    You can find more options here:

                                    odesk

                                      If you liked these ideas on making money then you’ll enjoy this: 8 Great Ways To Earn Extra Cash

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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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