Whenever I publish any of my extra income posts, I usually receive e-mails like crazy. I mean multiple e-mails every hour, and probably over 20 in one day.
I love all of your questions and many of you have reasons for why you want extra income. Not all of you have a blog but today I'll be talking about the different ways I make extra money. In future posts, I will be talking about more of a variety as well.
Currently, before taxes and expenses, I am making around $5,000 in EXTRA income per month. I am on track to make around that this month as well. I'm using my extra income mainly to pay down my $38,000 student loan debt as quickly as I can, and after April of this year, I will probably throw most of it towards savings.
I can only dream of where that might go one day. Just last year I was making a couple hundred per month in extra income – and I was ECSTATIC at that time with that. Now my goals keep increasing.
I am big on diversifying how you make your money, whether it be your extra income or your main form of income. This way, if anything does happen, you are more prepared. Also, try not to use your extra income as a way to Keep up with the Joneses! Use it for what you truly what to do with it.
There are many things that you can do to earn extra income. However, there are also many factors to think about:
- How much time do you have? Do you have 1 hour each day or 5 hours each day? Maybe you're only free on the weekends?
- How much are you trying to earn? Is your goal $50 a month or $5,000 a month?
- Can you do this and also work at the same time? Will your work be sacrificed and therefore you might lose your main source of income?
- Do you want to also have fun while making your extra income?
Below are some possible ways for you to earn extra income. This will be a multiple series post as of course there are TONS of things that can be done to make extra income. I plan on making more in-depth posts on these individual methods soon, so watch out for those also 🙂 :