Advertising
Advertising

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

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

      Advertising

      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!

              Advertising

              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:

                      Advertising

                      • 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.

                                  Advertising

                                  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

                                      More by this author

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

                                      Trending in Money

                                      1 The Best Ways to Save Money Even Impulsive Spenders Can Get Behind 2 How to Answer the Tough Question: What are Your Salary Requirements? 3 How Personal Finance Software Helps You Get More Out of Your Money 4 The Definitive Guide to Get Out of Debt Fast (And Forever) 5 35 Real Ways to Actually Make Money Online

                                      Read Next

                                      Advertising
                                      Advertising

                                      Published on November 20, 2018

                                      The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

                                      The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

                                      The truth is, there are many “money saving guides” online, but most don’t cover the root issue for not saving.

                                      Once I’d discovered a few key factors that allowed me to save 10k in one year, I realized why most articles couldn’t help me. The problem is that even with the right strategies you can still fail to save money. You need to have the right systems in place and the right mindset.

                                      In this guide, I’ll cover the best ways to save money — practical yet powerful steps you can take to start saving more. It won’t be easy but with hard work, I’m confident you’ll be able to save more money–even if you’re an impulsive spender.

                                      Why Your Past Prevents You from Saving Money

                                      Are you constantly thinking about your financial mistakes?

                                      If so, these thoughts are holding you back from saving.

                                      I get it, you wish you could go back in time to avoid your financial downfalls. But dwelling over your past will only rob you from your future. Instead, reflect on your mistakes and ask yourself what lessons you can learn from them.

                                      It wasn’t easy for me to accept that I had accumulated thousands of dollars in credit card debt. Once I did, I started heading in the right direction. Embrace your past failures and use them as an opportunity to set new financial goals.

                                      For example, after accepting that you’re thousands of dollars in debt create a plan to be debt free in a year or two. This way when you’ll be at peace even when you get negative thoughts about your finances. Now you can focus more time on saving and less on your past financial mistakes.

                                      Advertising

                                      How to Effortlessly Track Your Spending

                                      Stop manually tracking your spending.

                                      Leverage powerful analytic tools such as Personal Capital and these money management apps to do the work for you. This tool has worked for me and has kept me motivated to why I’m saving in the first place. Once you login to your Personal Capital dashboard, you’re able to view your net worth.

                                      When I’d first signed up with Personal Capital, I had a negative net worth, but this motivated me to save more. With this tool, you can also view your spending patterns, expenses, and how much money you’re saving.

                                      Use your net worth as your north star to saving more. Whenever you experience financial setbacks, view how far you’ve come along. Saving money is only half the battle, being consistent is the other half.

                                      The Truth on Why You Keep Failing

                                      Saving money isn’t sexy. If it was, wouldn’t everyone be doing it?

                                      Some people are natural savers, but most are impulsive spenders. Instead of denying that you’re an impulsive spender, embrace it.

                                      Don’t try to save 60 to 70% of your income if this means you’ll live a miserable life. Saving money isn’t a race but a marathon. You’re saving for retirement and for large purchases.

                                      If you’re currently having a hard time saving, start spending more money on nice things. This may sound counterintuitive but hear me out. Wouldn’t it be better to save $200 each month for 12 months instead of $500 for 3 months?

                                      Advertising

                                      Most people run into trouble because they create budgets that set them up for failure. This system won’t work for those who are frugal, but chances are they don’t need help saving. This system is for those who can’t save money and need to be rewarded for their hard work.

                                      Only because you’re buying nice things doesn’t mean that you’ll save less. Here are some rules you should have in place:

                                      1. Save more than 50% of your available money (after expenses)
                                      2. Only buy nice things after saving
                                      3. Automate your savings with automatic bank transfers

                                      These are the same rules that helped me save thousands each year while buying the latest iPhone. Focus only on items that are important to you. Remember, you can afford anything but not everything.

                                      How to Foolproof Yourself out of Debt

                                      Personal finance is a game. On one end, you’re earning money; and on the to other, you’re saving. But what ends up counting in the end isn’t how much you earn but how much you save. Research shows that about 60% of Americans spend more than they save.[1]

                                      So how can you separate yourself from the 60%?

                                      By not accumulating more debt. This way you’ll have more money to save and avoid having more financial obligations. A great way to stop accumulating debt is using cash to pay for all your transactions.

                                      This will be challenging, depending on how reliant you are with your credit card, but it’s worth the effort. Not only will you stop accruing debt, but you’ll also be more conscious with what you buy.

                                      For example, you’ll think twice about purchasing a new $200 headphone despite having the cash to buy them. According to a poll conducted by The CreditCards.com, 5 out of 6 Americans are impulsive spenders.[2]

                                      Advertising

                                      Telling yourself that you’ll have the discipline to not buy things won’t cut it. This is equal to having junk food in your fridge while trying to eat healthy–it’s only a matter of time before you slip. By using cash to make your purchases, you’ll spend less and save more.

                                      A Proven Formula to Skyrocket Your Savings

                                      Having proven systems in place to help you save more is important, but they’re not the best way to save money.

                                      You can search for dozens of ways to save money, but there’ll always be a limit. Instead of spending the majority of your effort saving, look for ways to increase your income. The truth is that once you have the right systems in place, saving is easy.

                                      What’s challenging is earning more money. There are many routes you can take to achieve this. For example, you can work long and hard at your current job to earn a raise. But there’s one problem–you’re depending on someone else to give you a raise.

                                      Your company will have to have the budget, and you’ll have to know how to toot your own horn to get this raise. This isn’t to say that earning a raise is impossible, but things are better when you’re in control right? That’s why building a side-hustle is the best way to increase your income.

                                      Think of your side-hustle as a part-time job doing something you enjoy. You can sell items on eBay for a profit, or design websites for small businesses. Building a side-hustle will be on the hardest things you’ll do, be too stubborn to quit.

                                      During the early stages, you won’t be making money and that’s okay. Since you already have a source of income, you won’t be dependent on your side-hustle to pay for your expenses. Depending on how much time you invest in your side-hustle, it can one day replace your current income.

                                      Whatever route you take, focus more on earning and save as much as possible. You have more control than you give yourself credit for.

                                      Advertising

                                      Transform Yourself into a Saving Money Machine

                                      Saving money isn’t complicated but it’s one of the hardest things you’ll do.

                                      By learning from your mistakes and rewarding yourself after saving you’ll save more. What would you do with an extra $200 or $500 each month? To some, this is life-changing money that can improve the quality of their lives.

                                      The truth is saving money is an art. Save too much and you’ll quit, but save too little and you’ll pay for the consequences in the future. Saving money takes effort and having the right systems in place.

                                      Imagine if you’d started saving an extra $100 this next month? Or, saved $20K in one year? Although it’s hard to imagine, this can be your reality if you follow the principles covered in this guide.

                                      Take a moment to brainstorm which goals you’d be able to reach if you had extra money each month. Use these goals as motivation to help you stay on track on your journey to saving more. If I was able to save thousands of dollars with little guidance, imagine what you’ll be able to do.

                                      What are you waiting for? Go and start saving money, the sky is your limit.

                                      Featured photo credit: rawpixel via unsplash.com

                                      Reference

                                      Read Next