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Posts Tagged ‘Extra Job’

Creative income and sacrificing for what you want.

Wednesday, March 10th, 2010

In this world, there are many different types of people.  We all approach a difficult situation differently.  While one person might attack a problem with voracity, another might decide to shelf it until a solution presents itself, while still another person might decide that they aren’t capable of solving the situation, and either seek outside help or give up entirely.

I know a woman who demonstrates a dedication and voracity that is rarely matched, with an eye for creativity in the face of her problem.  This woman has 2 children, both boys.  She would very much like to try for a girl, but she needs to have a surgery to be able to try for her baby girl.  This will cost several thousand dollars that is not covered by her insurance, so, she was faced with a difficult situation.  She did not cower or give up, though.  Instead, she has decided to start a side business outside of her normal job.  She is quite talented at decorating cakes, and so, she has taken that talent and turned it into income!  She is offering cakes to friends, family, and anyone else interested in visually interesting cakes for a reasonable price.  Her goal is to save up enough money to pay for the surgery.  This is not a woman beaten by her circumstances.  I always say that you can’t let life happen to you, you have to happen to your life…and she is doing just that!

What type of dedication do you have?  Do you rise to the occasion when you are faced with a problem, or ponder on it too long, or do nothing?  Whatever your answer, you can be sure that others are starting businesses in their kitchen, getting their extra slice of the money pie.  Will you let your opportunity pass you by, or rise to the occasion?

It’s time to get creative!

Monday, March 1st, 2010

You’ve heard people say that “everyone is good at something”, and I believe that is true.  Everyone has something that they do well, and a lot of the time, that something can make you money!  So today,  I want you to create something (whatever you’re good at) and sell it!

So, what are you good at making?  Perhaps you make jewelry, or flower arrangements, or perhaps you do woodworking, or use leather to make belts, purses and vests.  Whatever you’re good at, now is the time to make some extra money on it!  Here are a few tips for getting started:

  • You need to decide on only a few options you will be offering, since the more you can reuse things, the lower the cost per item will be for you, making your profits higher! 
  • Look into local arts and crafts shows and fairs that where you can sell your creations, and plan to attend.  Be wary though.  It is better to run out early than to have a lot leftover, so put some thought into the amount you’ll make for each show.
  • Look into selling your craft on Etsy.com, an online seller driven marketplace for everything handmade.  Perhaps you will be the next big thing, since everyone loves “one of a kind” or unique items that are reasonably priced.
  • Go to local stores/boutiques that are privately owned to see if they would want to include your items in their store inventory.  These locally owned stores thrive on having something different than the mall, so they are more likely to be interested in something locally made.
  • Keep in mind that it takes time to build a successful side business, so if it doesn’t happen right away, keep plugging away at it!

That’s it!  These tips should get you started down the right path to starting a side job and making some extra money!

Today, we have a “guest speaker”…

Wednesday, February 3rd, 2010

Today, we have an article written by a friend and business associate.  It isn’t exactly in our normal scope of what we write about, but for those of you thinking of starting your own business so that you can earn extra income and get yourself out of debt, this is for you:

Small Business Tips, By Douglas C. Howard

A Message to Employees

As a small business owner, one of the hardest aspects of running a business is finding the time to do it yourself, or be willing to delegate the task to someone else.  The first course of action provides the benefit of knowing that the task was done specifically how you, the owner, wanted it done, in a timely fashion, and you do not have anyone to blame for failure except yourself.  Delegation, of course, means that you may benefit from someone else’s expertise, frees you for other important tasks, and allows your employees the chance to prove themselves.

Of course, the pitfalls for the first course of action, are that you do not have enough time to do everything, you must find some way to balance running your business with your life, and you may not be the best person to handle that specific task.  The downside to delegation is that you have to trust someone to take care of the task, they may not do it exactly how you would have or would have wanted it done, and they may not do it in a timely fashion.

“A Message to Garcia” is a short essay by Elbert Hubbard written in 1899.  No doubt many of you have already read and studied its message, being that of a short work.  But its message is still relevant today, more so than ever.  I recently ran across it and thought a brief summary of the work would be great as “A Message to Employees”.

“A Message to Garcia” is set during the conflict between Spain and the United States and takes place in Cuba.  Of course at that time, communication had to take place in person or via courier, if telegraph were unavailable.  The essay centers on an Army Lieutenant by the name of Andrew Rowan.  General Garcia was the commanding officer of insurgents located in Cuba.  He was located somewhere in the mountainous region of Cuba and would be difficult to find and communicate with.  A message had to be gotten to him so that his forces could be mustered.  How was a message to be gotten to Garcia?  President William McKinley and other commanding generals were unsure, until Lt. Rowan was suggested, stating that he was the person for the job, “if anyone can.” 

Rowan was summoned, given the message, told the general location of Garcia, and was sent off on his way.  He was not told how to do the job, or how to find Garcia, nor did he ask.  He was simply delivered to Cuba on one side of the island, and three weeks later picked up on the other side of the island, having completed his task.

So I ask employees, “Are you the Rowan of your company?” 

If you strive to be the Rowan of the company you work for, here are some general tips.

First, be available for assignments, any assignment, without hesitation.  The owner of the company or your direct supervisor may not want to ask you do something that may seem so menial, but if it is a project that they can get off of the “to-do” list, it may help them immensely.  If you are adaptable to whatever task is at hand, you will become indispensable to your company.

Second, be reliable.  If your boss asks you to get something done in a timely manner, have it done by that deadline.  Often other deadlines must be met down the line, so do not be the weak link.

Third, ask for guidance on the task, but figure out how to get it done on your own.  This is a fine line to walk, but the more you can do on your own, the more burden you relieve from your superior.  The more burden you relieve, the more grateful your superior will be.

Fourth, take action.  So often people get bogged down in the details that they become apoplectic and unable to even start a project.  Often times procrastination prevents even the first step from being taken, which is most often the hardest step to take.  As I write this, I have had to stave off turning on the television, checking my email, researching other issues not relevant to this article at hand, getting up to grab lunch, and a hundred other minuscule thoughts that crossed my mind to prevent me from writing this article.

Fifth, be diligent.  After taking the first step, be diligent in taking the next several steps.  Eventually you will come out on the other side.  See the preceding paragraph for an explanation.  Whether it takes an hour or three weeks, staying on task, will eventually get it done.  And it will show your employer that you do not need constant hand-holding or someone looking over your shoulder to make sure that you are getting your work done.

I hope this is helpful.  Since “A Message to Garcia” is short, it is well worth the read.  It is considered public domain and a copy of the complete text can be found at HowardLawGroup.com on the “Small Biz Tips” page.

Douglas C. Howard is an attorney based in Frankfort, Kentucky that assists small businesses with their legal needs and has taught “Entrepreneurship 101″ for the Thornhill Community Education Center and posts tweets and other updates on Twitter under his Twitter name, LegalPreneur.

From Wikipedia:  Elbert Hubbard was an author and philosophers who edited and published two magazines, The Philistine and The Fra. The Philistine was bound in brown butcher paper and full of satire and whimsy. (Hubbard himself quipped that the cover was butcher paper because “There is meat inside.”)  Owing to his prolific publications, Hubbard was a renowned figure in his day.

Stop enabling your grown children!

Monday, December 14th, 2009

It is estimated that Baby-Boomers provide $59,000 in monetary help to their grown children over a typical 5 year period.  If you’re a Boomer, you want a money saving tip?  Stop enabling your children by supplementing their income and either cut them off completely or cut your “gifts” down by 75%-85%! 

This is one of the most ridiculous things going on in our society right now.  I cannot believe that Boomers are giving so much to their grown, totally able to work (even if that job is “beneath them”) adult children.  I mean, come on…so what if the job doesn’t pay $100,000 a year with nice perks etc.  There is value in being able to say you are making it on your own.  Let’s break down that number above…$59.000 in 5 years is roughly $12,000 a year, or $1,000 a month!  That is a part time job!  You want that lifestyle?  Don’t get it from your parents, who would like to retire soon!

The bottom line is this:  If you’re a Boomer and are looking at your retirement nest-egg, realizing that retirement is going to be tough (if possible at all now or in the future), then you need to evaluate where your money is going.  If, that money is going to your children, it is time to cut them off!  They can have what’s left when you’re gone (if anything) and do what they want with it at that time.  Why would you risk your livelihood on their new car/home improvement etc.?  Teach them the hard lesson that sometimes you have to take care of yourself.  They will have to learn that lesson when you’re gone anyway, and it will be easier if they have your shoulder to cry on when they learn that lesson.

Are you the child of a Baby-Boomer?  Do you “borrow” money from them that you never pay back?  Perhaps it’s time for you to realize that you’re draining their retirement money, and that you need to grow up and pay your own way.  Nowhere in the “how to be a parent” handbook does it say that your parents are responsible for paying your way from birth to YOUR retirement!  Cut them a little slack!  If you can’t live without all of those nice things that you’re buying with their money, get a part time job…otherwise, perhaps it’s time you learned to live within your means!

Extra money for the holidays…

Monday, December 7th, 2009

The holiday season is well under way, and now is the time to make some extra cash for those last minute Christmas gifts!  The usual way of making extra money is to get a seasonal job at a retail store, but more often than not these jobs come with the problem of being guaranteed to work on Christmas eve, probably the late shift, and every other weekend until Christmas Day!  This is a deal breaker for a lot of people.  Now, if you want to get one of these jobs for the season, feel free to do so.  I am always glad to see someone choosing work over credit!  If however, you’d like to make some extra money this season, without pigeon-holing yourself into a crazy work schedule, I might have a couple of good ideas for you!

One way to make some extra cash this year is to offer to fill out or write Christmas/holiday cards for elderly (or busy) people in your life, your friends or family etc. You will be doing them a favor and making some cash in the process.  You should be aware, however, that this means you have to do a competent job, putting just as much effort in the cards as they normally would.  Also, how much should you charge?  Well, I would say if it’s an elderly relative, cut them a discount, but other than that, I would charge per card, whatever you think is fair in your local market.  I say this, because, you could probably get a better price in a place like New York City and Los Angeles, as opposed to rural towns in the Midwest.  Not sure what’s fair in your local market?  If someone does take you up on your offer, ask what they think is fair!  Not getting any interested people by word of mouth?  Advertise in your local paper and on Craigslist!

Another way to make some extra cash is by offering to go to the post office and mail packages for people.  Charge a flat fee, and if you get enough interest (see above for ideas on this) then you can combine trips and up your hourly pay!  I would charge a couple of dollars per package, and of course, they pay the cost of shipping. 

The problem (obviously) with both of these tips is that you won’t make as much money as with a regular seasonal job, but that is the price you pay for wanting a flexible schedule during the holidays.  It’s your choice of course, but these tips could bring in enough extra money for a fun and festive holiday at your house!   Good luck!

Goofy, but good for making a little cash!

Monday, November 16th, 2009

Today, I am providing you with the information to get paid for doing very little, by turning you car into a moving advertisement!  I know this sounds silly and too good to be true, but after a little research, I think there are a few places you can go to do it responsibly on the web, and you could always try it in your own town/city with local businesses, if you’re so inclined.  On the web, there is a website called the Web Trade Bureau, which investigates websites and protects consumers online.  They are a useful tool to guard against scams, which is truly important when thinking of making extra cash in this manner.  Below are a list of websites for you to do your own research if this is a way that you would like to make extra money.  Whatever your choice, look out for scams…we can’t have our readers driving around in neon green cars without being paid for it!

That’s it!  Hopefully, this is enough to point you in the right direction and get you started!  If you decide to make money this way, we would love you to post a comment with your successes and tips for other readers!  Good luck!

Need some extra holiday cash? Try selling your old stuff on Ebay!

Monday, October 19th, 2009

Today’s Mucho Moolah tip is a way to make money by selling your old stuff on Ebay!  Many of you have heard about Ebay, and would like to try selling stuff on there, but you aren’t sure how, or you’re afraid you will do something wrong.  Don’t be scared!  It’s only hard if you don’t educate yourself first!

The first place you should start is the Seller Information Center at Ebay.  From there you can create an account, check out tips on selling, creating buyer confidence and “bone up” on Ebay policies.  This is a very good resource that is provided by Ebay.   It’s important that your information come from reputable sources, because, like every other aspect of buying and selling, there is a chance you’re dealing with a dangerous individual or website.

Another resource I found is a website called MIStupid.com, an online knowledge magazine.  Their Ebay selling section can bee found here.  This is an actual video tutorial on how to sell things on Ebay, which might be better for those people who are visual learners, as opposed to reading to learn.  It’s a free service (at least the part on selling on Ebay is), so feel free to watch it a few times to get proficient.

The last resource I found is an “Internet for beginners” section on About.com, where they cover buying and selling on Ebay.  Check out the web page here.  This is a very informative source that also includes information on what you pay to market your things on Ebay and how to use Paypal, an e-commerce business allowing you to make or accept payments through the Internet.  PayPal is an electronic alternative to traditional payment methods such as checks and money orders.  Paypal is a very important part of Ebay, since, logically, if you want to sell something, you have to be able to accept payment for it!

I’d like to add that if you research the items you want to sell, or items you pick up at flea markets and decide to turn around and sell, you can get more for your items.  Good luck with it, and happy selling!

Being single also means being more likely to be without a job!

Friday, October 9th, 2009

Today’s article, No spouse, no job: Unemployment hits singles hard, by George Mannes is an interesting look at some statistics that have come out recently regarding unemployment. 

The numbers for unemployment in September show that it rose to 9.8%, and that it might hit 10% in the near future.  But as bad as the overall unemployment rate is, the breakdown of single versus married people is interesting…it’s almost double!  In August, the rate was 13.5% unemployment for singles and 6.3% unemployment for married people!  The article points out that a likely reason is that married men are motivated to take a lower paying job, to be able to support their families, and that single people are typically younger and have less education and experience than their married counterparts (this, of course, is just supposition).  There is also a difference in those with a high school education versus a Bachelor’s degree or higher.  Only 4.9% with a Bachelor’s degree are unemployed, versus 10.8% with only a high school education (a good argument for staying in school and going to college).

There is also disparity amongst race, gender, and age.  And, while these statistics are interesting to me, I have to think that there are ALWAYS discrepancies amongst employment based on race, gender and age, since the people in the work force are constantly changing.  I’m not taking away from the fact that these people are suffering.  There are a lot of people out there suffering, and I wish them a job…pronto.

Here is the breakdown:

  • African Americans – 15.4%
  • Hispanics – 12.7%
  • Caucasions  9.0%
  • Asians – 7.4%
  • Adult Women – 7.8%
  • Adult Men – 10.3%
  • Teenagers – 25.9%

Overall, I’m most intrigued by the stats on single people.  If single people are more likely to be jobless due to their unwillingness to take lower pay, I say that it is their choice!   As long as they have an emergency fund in place to carry them through this tough spot and/or are working a part time job til they find the “perfect job”, so be it!  And for those of you who are married, taking lower paying jobs, don’t forget your worth!  No matter what your situation, having an emergency fund and being prepared for a job loss will help you weather any storm!

Mucho Moolah! Monday’s Money MAKING Tip! Become a tutor!

Monday, May 11th, 2009

Today’s tip, as I am sure you noticed from the title, is not a money “saving” tip, but rather a money “making” tip! I thought that it was about time I included some ideas for people to make extra money since the summer is coming up, and, most of us like to get out and do more in the summer. There are cookouts, concerts, watersports etc. that we want to participate in and might need more cash to be able to pay for them. So, today’s tip is to become a tutor!

The first thing you should know is that to be a tutor, you need to be proficient in a particular area of study. This doesn’t only mean math or science, because high schools and colleges offer many more subjects then just math and science. On top of english and social studies classes, students take computer/tech classes that they would need help with, as well as engineering classes, excercise science, language etc. If you are someone who has a proficient knowledge in these areas, you can tutor too!

There are many different ways to become a tutor, and the income that you can make from this extra job isn’t bad. The easiest way to “get your foot in the door” is to approach high school teachers from a local high school or college professors from a local college and ask if they would pass on your information to any students looking to be tutored. Also, put your name on the bulletin boards located in the high school and the buildings on the college campus dedicated to the field you are proficient in. If there isn’t a didecated building, then post your information where the offices for the professors in that field are located. There is usually a bulletin board there as well! Either way, all that is required of you is a little leg work, and maybe printing up some business cards (listing your qualifications would be advised). To do this, you should know that the legal way to go about it is by obtaining a business license and then paying taxes every year (sometimes quarterly, I think, but you should check with an accountant for advice). Tutors who are on their own can charge anywhere form $25-$50 an hour, depending on where you live.

Another approach to becoming a tutor is to register with an online website. There are many different tutoring websites out there, and not all of them are reputable. I have found a couple that seem to be “above board”, and they are Tutor.com, and Tutoring Club. So, you apply for a job/register for a franchise on these websites, but they are a great tool because you don’t have to work as hard to find the tutoring clients since these websites have already built up a client base!

So, this is the first of the new addition of money “making” tips! Tutoring is a wonderful way to make extra money, since it is a job that usually is in demand between 4 – 11 P.M., which means for most of us, it won’t conflict with our primary job! It also gives you the opportunity to connect/network with people in your community and help children reach their potential in a given field…and for an extra job, what could be better than that?

Budget Series, Part 2…Can you get there from here?

Wednesday, April 22nd, 2009

At this point, you should have a list of financial goal and a list of financial responsibilities. That, beleive it or not was the easy part, because most people can figure out what they want their finances to look like and after tallying up bills and receipts, most people can figure out what they owe and to whom. The next part, however, is a little more difficult, because a persons emotions come into play.

Combine the list of financial goals and financial responsibilities and assign priorities to each of them. You have to decide if Christmas gifts are more important then paying down debt, and if that $6 coffee is more important then some monthly bill or credit card payment etc. Every item has to be arranged in a list of most important to least important (you can assign numbers next to each if you like). A few tips here: Your rent/mortgage payment, food, electricity and water should top the list as most important financial responsibilities, since you have to have a safe, warm place to live, with running water and food.

Now, add all of your expenses together. If your expenses total more than your income, then you have a problem. That means that every month, you (just like countless others) have been spending more money then you make, and are accruing debt. Now, don’t get discouraged if your expenses exceed your income. You simply need to focus on cleaning up the mess. If it looks overwhelming, remember, it doesn’t matter how bad the problem is, you just take it one step at a time. So, here is what you do: if your expenses total more than your income, remove expenses from the list, one by one, until the total expenses does NOT exceed your income. The first thing to go should be anything that resembles extravagance, and yes, that includes $6 coffee.

Another choice is to add income. If you want to keep all of your expenses on the list, then you might need to figure out a way to make extra money. A paper route? Pizza delivery? If you’re a teacher, you can pick up club activities at school, which pay extra. Be creative. If keeping all the “stuff” you’ve accumulated (and the debt that goes with it) is important to you, then you need to increase your income til it matches your list of expenses.

If your list of expenses did not exceed your income, congratulations! You are at a very good starting point! Now look at yout financial goals, and determine which of them are and are not being met. Are you covering all of your expenses but not saving anything and you want to? Then you have some work to do as well.

Next week, we will discuss “how to get there faster”!