Wednesday, March 17, 2010

What is a way that I can make money to help pay for rent and college?

I plan on having a regular job I just wanted to know how to make extra money. I'm hoping that myself and two of my friends will be renting my parent's house next year while we attend college. I'm working on saving my money until/for then and still having a job while in college. I'm just looking for extra ways that I can scrounge as much money as I can.

What is a way that I can make money to help pay for rent and college?
This question always intrigues me. It's pretty simple, really. No one is going to just give you money for nothing. Therefore, something needs to be sacrificed to get it. Even if you don't have money, there are things that you probably have that can be exchanged for it.





Goods:


You may not be able to get back as much as you spent on it, but if you're willing to find them, there will always be someone who might want it from you. You can sell your possessions on e-bay or craigslist or just an old fashioned garage sale. Car lots will buy your used car. Consignment shops will buy your used clothes. This is probably the fastest way to get money, but it's also the least efficient.





Knowledge:


If you know how to do something that most others don't, you can turn this into a money making venture. Again, you just have to find the people who want your expertise. This could be anything from how to play a musical instrument to financial advice to tutoring.





Labor:


Good old fashioned sweat. If you have NOTHING else, you have this. Granted, since almost everyone can offer this, you won't be paid a premium for it, but you have to start somewhere. You can babysit, wash cars, rake leaves, shovel driveways, or actually get a job.





No one said it was going to be easy. If it was, everyone would be rich.
Reply:stripping.
Reply:4 things you can do:


1. Increase income


2. Reduce expenses


3. Increase Return of Investment (ROI) in your investment


4. Create multiple streams of income





Some ideas to earn extra money:


1. Tutoring students


2. Using skills you have


3. MLM businesses





Personally, I find that an internet business is an easy way to create a passive income because:


1. Requires small to zero capital


2. Gets started right away and easily


3. Allows you to work from home or anywhere in the world as long as there is an internet connection


4. Has unlimited potential to earn money


5. No age or education requirements


6. Doesn't need you to have to have a company





What you need to do is to learn about the internet business as much as possible to discover whether it is for you and what your strategy is. There is free information around.


Good luck.
Reply:Sell things, pick up another job.

lilac

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