Extra Income Archives - Page 2 of 41

How This 29 Year Old Is Building A Real Estate Empire

June 26, 2017 BY Michelle Schroeder-Gardner - 45 Comments

This post may contain affiliate links. Please read my disclosure for more info.

I'm loving this new interview series that focuses on people who are doing extraordinary things with their lives. All of these stories have been incredibly motivating, and I can’t wait to share more! Past interviews include How This 28 Year Old Retired With $2.25 Million, How This Couple Paid off $204,971.31 in Debt, and How This Couple Bought an $11,500 RV, Traveled To All 50 States, and Built A Thriving Business.

For today’s post I interviewed 29 year old Elizabeth Colegrove, a successful real estate investor, property manager, and landlord.

She currently owns eight rental properties and doesn’t show any signs of slowing down.

I asked you, my readers, what questions I should ask Elizabeth Colegrove, so below are your questions (and some of mine) about owning rental real estate and being a long distance landlord. Make sure you're following me on Facebook so you have the opportunity to submit your own questions for the next interview.

In today's interview, Elizabeth shows us how exactly she built her real estate empire, the process to affording each, what she looks for in rentals, how she manages her real estate properties long distance, and more. You can follow her on her blog at Reluctant Landlord. [Read more…]

The Important Reasons You Need Multiple Streams of Income

June 19, 2017 BY Michelle Schroeder-Gardner - 41 Comments

This post may contain affiliate links. Please read my disclosure for more info.

Here on Making Sense of Cents, I talk a lot about how to earn extra income. I believe that earning extra income can completely change your life too. You can stop living paycheck to paycheck, you can pay off your debt, and more- all by learning about the many different ways to make money.

Learning to earn extra income and how to make money can change your life. Finding ways to make money can help you pay off debt and reach your goals sooner. However, not many people have side jobs, and some don't see the point in finding ways to make extra income. Some think that it's impossible.

Well, I'm here to tell you that it is possible, and learning how to make extra money can change your life!

Sure, it may be hard at first, but once you reach your goal you’ll know that it was well worth it.

Learning how to make extra money is how I was able to pay off my student loans in just 7 months, plus it gave me the freedom to leave my day job in order to pursue my passion, travel full-time, and more!

Finding ways to earn extra income completely changed my life for the better, and this is why I think more people need to learn how to make more money in new ways.

Earning extra income will improve your life as you:

Pay off your debt.
Save for big purchases, such as a vacation.
Stop living paycheck to paycheck.
Help you reach retirement sooner.
Figure out a business idea.
Become more diversified with your income streams.

[Read more…]

How I Made $120,104.93 In May Working From Home

June 9, 2017 BY Michelle Schroeder-Gardner - 57 Comments

This post may contain affiliate links. Please read my disclosure for more info.

Welcome to May 2017's business income report where I show you how I made money online last month. It's time to look at this month's update and see how I did.

Here's how Michelle made over $120,000 online, all while working from home and traveling! She shares her blogging tips in this monthly income report. If you're new to Making Sense of Cents, you may be wondering why I would want to publish my income report each month. You can simply skip to the next section if you're not new here.

This all started out as my extra income report because in the beginning, it was all about the money I was earning from my side jobs. In my side income reports from the beginning, I included all of the income I made except for what I made at my day job.

However, I left my day job as a financial analyst in October of 2013 and now my monthly income reports consist of the many ways I earn a living.

Many have asked why I would ever want to publicly post my income each month. Some think I'm crazy, whereas some are glad I'm open about what I'm doing. Whatever you think, I enjoy publishing my monthly online income reports and I share them publicly for three main reasons: [Read more…]

Why and How I Make Time to Blog With 3 Kids 3 and Under

June 9, 2017 BY Michelle Schroeder-Gardner - 31 Comments

This post may contain affiliate links. Please read my disclosure for more info.

Michelle's quick note: Today, I have a great blog post from Dan on how he finds the time to blog with 3 children 3 and under. Dan Palmer aims to take a wholistic approach to personal finance by blogging about everything from the underlying ‘why' of personal finance, the every-day nitty-gritty hacks of frugal living, and the ‘how' of investing and growing your wealth. Find out more at penniesanddollars.com. Below is his blog post.

Anyone who has taken a serious stab at blogging knows that blogging takes a lot of time. Or at least, blogging well takes a lot of time.

You regularly have to find time to craft quality posts, maintain your site, promote your posts on social media, network with other bloggers, do research for your posts, respond to comments on your posts, and the list could go on.

This is a significant load, especially for the typical blogger that blogs while still working a full time job. On top of that, I have three kids, three years old and under.

Don’t get me wrong, I’m not looking for sympathy. No one is forcing me to blog. I had a good idea of what I was getting into. And I love the time I spend with my three kids.

But you might still think I’m crazy.

And perhaps I am. Perhaps most bloggers are.

After all, for the first several months, if not years, you can easily put in a thousand hours with little or no financial compensation. You slave away for next to nothing. And yet, every blogger I know will tell you it’s well worth the effort. Otherwise they wouldn’t be doing it. [Read more…]

How I Made $131,448.35 Last Month While Traveling Full-Time

May 10, 2017 BY Michelle Schroeder-Gardner - 73 Comments

This post may contain affiliate links. Please read my disclosure for more info.

Welcome to April's business income report where I show you how I made money online last month. It's time to look at this month's update and see how I did.

Here's how I made $131,448.35 in April of 2017 while traveling full-time. Making money blogging is something that has completely changed my life. If you're new to Making Sense of Cents, you may be wondering why I would want to publish my income report each month. You can simply skip to the next section if you're not new here.

However, I left my day job as a financial analyst in October of 2013 and now my monthly income reports consist of the many ways I earn a living.

How To Spot Work From Home Job Scams And Avoid Them At All Costs

April 26, 2017 BY Michelle Schroeder-Gardner - 36 Comments

This post may contain affiliate links. Please read my disclosure for more info.

You probably see work from home job scams all the time. Scroll to the comment section of any popular article and you'll see “Work from home and make $1,000,000 in the first 5 minutes!” Or, “Do nothing all day and make $5,000!”

Do you know the differences between work from home job scams and legitimate work from home jobs? Here are my tips to find real online jobs from home! You can find work from home job scams all over the place – in your email inbox, phone calls to your home, online articles and more.

Sadly, many of these work from home jobs are actually scams.

Now, this doesn't mean that every online job is a scam.

There are many, many legitimate work from home jobs. Many of them are great and allow you to work from home, earn a good living, be your own boss, and more. According to the U.S. Bureau of Labor Statistics, 24% of employed people did some or all of their work at home in 2015. This number is growing, and it doesn't even include self-employed people! In fact, according to Forbes, one in five Americans work from home, and this is a statistic from 2013. I'm sure this number has grown significantly in the past 4 years.

However, you should always be careful because there are probably 10 work from home job scams for every legitimate one. [Read more…]

How I Successfully Built A $1,000,000+ Blog

April 19, 2017 BY Michelle Schroeder-Gardner - 77 Comments

This post may contain affiliate links. Please read my disclosure for more info.

Are you interested in learning how to make money blogging and how to start a blog? Read below to learn exactly how I built a $1,000,000 blog.

Here's how to make money blogging so that you can stay at home and how I've built a $1,000,000 blog. I have earned over $1,500,000 with my blog and around $979,000 in just 2016 alone. Here are my ideas, how to make extra cash in this business with a blogging website. I created Making Sense of Cents almost six years ago, and since then, I have earned over $1,500,000 with my blog and around $979,000 in just 2016 alone.

Blogging changed my life for the better and it allows me to earn thousands of dollars a month, all by doing something that I love.

The funny thing is that I created my blog on a whim after reading about a personal finance website in a magazine. At first, it was just a hobby to track my own personal finance progress. And, when I started in 2011, I honestly didn't even know that people could make money blogging!

My interest in blogging quickly grew, but like I said it was all just a hobby. I wanted a space to write about my personal finance situation, have a support group, to keep track of how I was doing, and more. I did not create Making Sense of Cents with the intention of earning an income, but after only six months, I began to make money blogging. [Read more…]

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