Ammendum to 2008 Goals: Alternative Income
Thanks to PF Buzz, I came across an excellent article at www.bripblap.com: How to Make Money without a Job and Why You Should.
He starts off with “Spend less than you earn is the wrong way to think! Your time will be much better spent thinking of more ways to make money than it will be thinking of ways to save money.”
A clip: “Some people may have a trickle of investment income, or occasionally sell something on eBay and then give up after a few sales, but a large number of people consider catching up on the final season of NBC’s beloved quirky comedy “The Office” a better use of their time than trying to earn more money after a tiring day in the office. Their goal is to get by on minimum work, minimum income and maximum “down-time.” Alternative income seems like a lot of extra work to these people, and extra work isn’t what anyone wants.”
It just gets more inspiring from there. Go check it out!
Ever since I read it, I’ve been thinking about his points, mulling around ideas for additional income.
Here’s what I already have:
1. Job #2, part-time for the family company: doesn’t bring in money but covers living expenses.
ONLINE
2. eBay: very, very randomly, I sell things on eBay.
3. Blogging: bits of advertising money here and there.
4. MyPoints: I read random e-mails and earn gift cards. Want a referral? E-mail me!
INTEREST-BEARING/STOCKS
5. Savings account earnings, 3%
6. Stock portfolio earnings, variable
7. Credit card bonus points, gift cards usually every two months
Here are things I could do:
1. Freelance writing/editing
I find it overwhelming, at this moment, to think of writing/editing more than I already do. But if I could find convenient opportunities, ones that would work with my schedule, even once in a while, it might be worth it.
2. More aggressive eBaying/Craigslisting
I hate what this says about the amount of sheer stuff I have/waste, but I could probably bring in some steady $ just by selling the excess.
3. More aggressive, strategically chosen blog advertising
The links I had through PepperJamNetwork were getting me nowhere. Has anyone had success with them? I posted both banner and text links for more than a month and earned nothing, so I took them down. I wonder what other opportunities are out there, and how difficult they’d be to apply.
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4 Responses to “Ammendum to 2008 Goals: Alternative Income”
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You signed up for Payperpost right?
I took a break from freelance writing the last 6 months. For $50 it was a lot of work and I wasn’t getting the feedback I felt would help me improve as a writer. Have you checked the craigslist writing gigs section? Sometimes there are people looking for writing or editing help - legitimate ones such as a contractor or an author needing help.
I know: it’s such a decision… time or money? time or money? I’m being pretty picky about what I’ll do freelance… but thanks for the tip about Craigslist! That’s where I found my current job, after all.
Wow! I’m glad you liked my post. It sounds like you have the right attitude and that’s probably the biggest thing for most of us - just THINKING “make more” instead of “OK, I’ll save more to do less”. I didn’t grow up with a “make more” mindset and the effort to start thinking of ways to make more has been tough for me… but very rewarding, too. A dollar made blogging is worth $100 made consulting, in my opinion
For blog advertising I’d throw in Adsense and text links. They aren’t pretty, they aren’t always the greatest ads, but they’ll make you some money. I struggled with advertising a lot on my blog and for months I had NO advertising because it bugged me - but we all put a lot of effort into this and it’s not a crime to try to get SOME compensation.
Steve
[...] decided at the end of last month to start looking at my income differently, to start finding ways to bring in alternative income. Here are the results of my first month with this [...]