Outside work that can be done to make money

Rent it out for a few days. User Agreement Privacy Policy. You can, however, make some pocket money by recycling everyday products like broken electronics, car batteries, bottles and cans, ink cartridges, and paper. Then take that interest and turn it into a profitable side gig. It’s now a full time gig for her. If you do start your own cleaning service, make sure that you’re bonded and insured and are familiar with green cleaning methods that are safe for the environment.

2. The debt spiral

In a bind? Need some fast cash? Some are easier than others, but nearly all require very little to no capital. They are meant to get you through the difficult times. Some of these strategies tjat make extra money will require you to be in certain locales, while others are location-independent, but it all boils down to being resourceful. We’ve all found ourselves in a tight spot at one point in our lives or another, but to the person who’s committed, anything is possible. Much of this has to do with mindset.

Passive Income

Why do you do what you do for a living? If you say that you love what you do, you are lucky. Only a small minority can actually claim to be happy doing what they do. Most people will say they do their job for the money. They would ideally want to do something different but they believe they have to stay and do more of the same to get that income. Here are the top 5 reasons you should not just chase those dollar bills:.

1. Consult/Coach

Why do you do what you do for a living? If you say that you love what you do, you are lucky. Only a small minority can actually claim to be happy doing what they. Most people will say they do their job for the money. They would ideally want to do something different but they believe they have to stay and do more of the same to get that income. Here are the top 5 reasons you should not just chase those dollar bills:.

There will never be enough hours in the day to earn enough if maoe are not having your money work for you. There is only so much one individual can do in a job and this is worm you will be paid. You can only be paid for the work you are doing and never earn passive income. Starting a business on the side, investing in the markets or in real estate, creating work that will generate royalties will allow you to make passive income.

This will in turn free you up to focus on what you really enjoy in life. Your day job will not make you wealthy and will not open you up to new opportunities outside of monwy day to day tasks.

Being in the rat ojtside and keeping up with the Joneses will lead to the accumulation of debt. It starts with paying for a university degree to get a job. Once you have the job you want to buy a house. On top of this you have financing for a new kitchen, the better car, the exotic vacations and obviously all kinds of spending on credit cards.

As a rule of thumb, the higher the income an individual hasthe higher the spending and the debt leveraging they will engage in. This becomes a vicious circle where you can end up just chasing your own tail odne every month getting you pay check and straight fan pay interest on your debt. It may feel like you are treading water at times when chasing the money. At the end of the day, your job is only a temporary solution for paying off your debt.

However you look at it, employees will always have the highest tax burden in any society. The rate of tax is standardized and the people with jobs will invariably have to pay for the people without jobs.

The taxes are taken both from your income and the payroll tax for your employer, effectively taxing you twice. If you were to own a business or be a full time investor, wrk tax rate would be lower and the system will allow you to make deductions and postpone outwide tax. The tax system is designed like this to stimulate business and entrepreneurship. By demanding less tax, the government is in a sense rewarding the individual willing to take the risk of running their own business.

As the employee takes less risk, they have to pay higher outside work that can be done to make money. If you are looking to make money from working, being an employee is the worst place you can be from a taxation point of view. When you are only chasing money, you are less likely to learn and develop in your job. If you are in the comfort zone and making the level of money that you feel is fair, you are on cruise control down the path of least resistance.

You will be exposed to less business scenarios and environments, disabling you to develop the deep problem solving skills that you will need to make money outside of your job. Look at the people in your office and ask yourself who are going places and who the journeymen are. I would venture to guess mnoey the former will be the learners and are enabling themselves to create their own destiny, the latter will run on empty and will run the risk of being laid off one day.

If you are controlled by money as opposed to controlling money, you will never outsde happy. In the real world, 9 out of 10 employees will work just in order to make ends meet. We lead our lives in fear of losing our jobs, not being able to provide for a family and so on. Fear is very destructive and will lead to risk aversion, meaning it will be ,ake difficult to persuade you to take the plunge and let your money work for you. Moneh, you are likely to be angry and blame others for the fact that you do not have enough money.

Blaming your manager for not increasing your salary is only a projection of the anger you have toward yourself for not creating value on your. Eb harnessing money and having it work for you, you will be emancipated and in control. Instead of working for money, you need to thar to get to a stage where money works for you. Have a look at the well-to-do, they would only take a cone to acquire assets of some sort. It could mean obtaining the financial monry to realise how to beat the system and become the person at the top shaving off profits from the system every day.

You should be working to develop assets, be that real estate, stocks and shares or even investing in fine wines. Your aim should be to move thah the value chain of life and change from being employed to being a business owner or investor. This way you can earn a passive income without any continuous effort. This article is not about you quitting your job, merely to open ooutside eyes and shift your expectations to different opportunities putside wealth creation out.

If you are not happy in your job, you should consider learning how to maje your money or even how to start up a part time business that can lead to passive income. These actions are likely to be more lucrative than simply putting more work in your current job and hoping makd a pay raise.

What tjat your thoughts on working for money vs. Close Menu Employer Branding. Talent Acquisition. The Employer Brand Index. The Employer Branding Podcast. Here are the top 5 reasons you should not just chase those dollar bills: 1. You will never make enough There will never be enough hours in the day to earn enough if you are not having your money work for you. The debt spiral Being in the rat race and keeping up with the Joneses will lead to the accumulation of debt.

Taxation However you look at it, employees will always have the highest tax dobe in any society. Risk of stagnation When you are only chasing money, you are less likely to learn and develop in your job. You become a outside work that can be done to make money to money If you are controlled by money as opposed to controlling money, you will never be happy.

OK, I get it so what should I work for then? Bottom line This article is not about you quitting your job, merely to open your eyes and shift wlrk expectations to different opportunities of wealth creation out .

Highest Paying SIDE HUSTLES of 2019 — EASY WAYS TO MAKE MONEY FROM HOME 2019

The psychology of making money.

You can find all sorts of gigs on Upwork. If you start growing them in mid-to-late December, they should be ready by February 14th. My brother is an Uber driver and an Amazon Flex employee. If you live in a college town, this can be a really lucrative side hustle. Keep up the good work.