Another year is upon us and this is yet another great chance for you to accomplish your new and old goals too. You probably started the past year with great expectations to accomplish several things, but you were unable to. Maybe you wanted to buy a house, a new car, upgrade your studies, travel more, remodel your kitchen, your bathroom or the entire house.
Don’t worry. As I said earlier, this is another great chance for you to accomplish both new and old goals. Let’s face it. One of the problems (probably the only problem) that resulted in you not achieving your goals is lack of finance. Yes, you have a job, but the income is barely sustaining your lifestyle. You have reduced your expenses and luxuries but still you are unable to meet your goals.
Want to know how you can finally start enjoying some luxuries while staying on track to accomplish your goals?
Here is how you can earn extra income even if you have a full-time job!
Learn How To Swing Trade
Most people are turned off by the idea of trading to earn extra income because they think they either can’t learn it or won’t have the time to do it. But with swing trading you don’t have to spend all day at your computer, in fact most brokers have mobile apps where you can enter and exit trades with the click of a couple buttons!
The first thing you need to do is gain some knowledge on the subject and then take some courses to educate yourself and learn how to manage risk, what strategies work best and how to manage your trades. Once you learn the basics you can practice in a simulator until you have the confidence to put your money to work.
Swing trading is great because it’s not as time consuming as other types of trading or side jobs AND the potential to make a lot of money is right at your fingertips.
Start Blogging
Blogging is another opportunity to earn extra income. To get started, select a niche. What is it you love to do? When selecting a niche, it is important to choose one that you have a true passion in. As a result, it will be quite easy for you to generate ideas. Come up with a memorable domain name, register it, buy web hosting service, set up WordPress, install a free or premium template, create an account on Google Console and start blogging. As your visitors grow, you can monetize your blog through affiliate marketing and PPC ads. If you do it right, you will be on your way to earning a six figure sum in no time.
Here is a list of web-hosting services that offer the best WordPress managed hosting service.
Sell Your Old Stuff
Since you moved into your first apartment, you have accumulated a lot of stuff – from electronics to clothes and shoes. As you moved from apartment to apartment, not only did you carry this stuff but you ended up adding more. By now, your closest and other rooms look untidy no matter the amount of effort invested in organizing the stuff.
Did you know you can earn extra income by selling your old stuff? Create an account on eBay and start selling your old stuff. You can also host a garage sale and offload things you don’t need. In the end, you will declutter your home and you will earn extra income.
Invest In Real Estate
If you have a chunk of cash just sitting in your savings account, it may be a good idea to look at investing in a rental property where you can earn passive income. This can be turned into a vacation home allowing you and your family to spend a few days there while earning some extra cash the rest of the time.
This is one of my favorite ways to earn extra income because not only are making money but you also have a place that you can vacation with your family.
Rent Out A Spare Room
Apart from renting out your vacation home, you can also rent out your basement or a spare bedroom to travelers. Renting your spare bedroom or basement to travelers will allow you to earn you hundreds of dollars extra a month. Not only that. You will get to meet exciting people who will share their travel experiences with you.
Use Your Car With Uber Or Lyft For Extra Cash
If you have a car, you can join ride sharing companies like Uber or Lyft. Drive people around from one destination to another and earn extra income. This is a part time opportunity that does not interfere with your day job. Here is how to get started with Uber and Lyft.
Final Thoughts
There you have it, top 6 ways to earn extra income in 2018. Remember, this is just the tip of the iceberg. As the year progresses, you can research more opportunities and earn an even more income. You have to work hard to get ahead in life but remember to treat yourself from time to time!