Thursday, January 13, 2011

Easy Ways To Make Money

Easy Ways To Make Money

Yes there are easy ways to make money, but this means different things to different people. Do you want easy ways to make money right now, or ways to make the most over time with the least effort. These are two very different things.

Easy Ways To Make Money Now

-Get a job. Or work more hours at your present job. Don't believe that starting a business or learning to invest successfully is easy. A job is much easier. Go to work, and get a paycheck every week or two guaranteed - that's easy!

-Sell your things. Another easy way to make money quickly is to sell whatever you don't need. Get rid of the second car, the snowmobile you never use, etc.

-Cut your expenses. Cancel cable TV, and learn how to spend less for all the things you buy. If you can spend $14 less each day on unimportant things, it adds up to over $5,000 annually. That's like making $7,000 more, since you have to earn that much to have $5,000 after taxes.

-Buy a lottery ticket. Hey, it's easy if it works, right?

Easy Ways To Make Money - Eventually

Okay, I said that the job is easier than a business, and that is true in the near-term. On the other hand, if you define easy as "the most money over time for the least effort," you need to invest or start a business. I'll tell you two stories in regards to that idea.

First, I bought my first home when I was in my twenties. It was just a mobile home on real estate, but I discovered that I could easily rent rooms. I lived for free as well as banking some of the money. This was no "get rich quick" scheme, but I made as much as $7,000 per year extra from my investment. I had to work to pay off the mortgage, but in the end I was working much less than my friends were.

The second story has to do with this internet business. I spend a lot of time writing little articles now, and distributing them. People read them, click through to my web sites from the link at the bottom, and maybe they buy a product that I get a commission on, or I get paid for the advertising there. It really is pretty easy now, but that's not how it started.


I worked at this full time from the start, and six months into it, I was making a net profit of about $2 per day. It was a bit discouraging, and I had a lot to learn. However, as it turns out, I was making something closer to $30 per hour for my time. It's just that I wouldn't be paid for the first year. I just kept building the business, and now it is pumping out the money I made from those earlier efforts. Not only that, but I can ignore it for weeks at a time and it keeps making money.

You see, that's the way it is with money. If you want more than a job will provide, you have to start a business or invest and get your money working for you. That might mean you work for free, or for a dollar per hour to start, so that you can easily collect $100 per hour down the road. If that sounds too discouraging, then so will this : Maybe there are no easy ways to make money.

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