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Harris, I think it depends on several factors. First, I recommend having a well established emergency fund that will be enough to cover several months living expenses. This will help you cover any unexpected expenses and avoid taking out additional debt. Next consider other short/medium term goals. For example, are you saving to buy a house, do you need to replace your car in the next two or three years, etc. Finally, consider the interest rates of your student loans and what you may be able to earn in an IRA and decide which option is best for your needs. Investing for retirement now could be a huge benefit for you and your wife when you reach retirement age, but eliminating debt increases cash flow and gives you peace of mind. Both options are solid. Best of luck.

Reduce monthly debt payments: Not all of us are in such a dire situation that we can just have our debt forgiven. However, you can cut your payments by up to 80% by refinancing. Most credit cards have interest rates above 25% and Credible’s refinance loans are as low as 4%. It won’t change the amount of your debt, but it can reduce your monthly payment significantly.
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Borrowing could be a key element in this method. Say you borrow $200,000 and put in $50,000 of your own to buy a property for $250,000. Then you develop the property and sell it for $400,000. The property has increased in value by 60% but your $50,000 has now grown fourfold to $200,000. You have to select the right properties in the right areas and develop them wisely.
Borrowing could be a key element in this method. Say you borrow $200,000 and put in $50,000 of your own to buy a property for $250,000. Then you develop the property and sell it for $400,000. The property has increased in value by 60% but your $50,000 has now grown fourfold to $200,000. You have to select the right properties in the right areas and develop them wisely.
Essentially the same thing happened in China with clocks: one emperor's decision abolished clocks over China. China was also on the verge of building powerful water-powered machinery before the Industrial Revolution in Britain, but the emperor said "Stop," and so that was the end of the water-powered machinery in China. In contrast, in Europe there were princes who said no to electric lighting, or to printing, or to guns. And, yes, in certain principalities for a while printing was suppressed. But because Europe in the Renaissance was divided among 2,000 principalities, it was never the case that there was one idiot in command of all Europe who could abolish a whole technology. Inventors had lots of chances, there was always competition between different states, and when one state tried something out that proved valuable, the other states saw the opportunity and adopted it. So the real question is, why was China chronically unified, and why was Europe chronically disunified? Why is Europe disunified to this day?
What a huge, great list of ideas – bookmarked this as I know I’ll be coming back to go over it again and again. Here’s another item that could have made the list. I found a financial directory that’s useful for info on making money online. It’s http://money.madbeetech.com. What I like about it is that each directory listing includes ebooks and videos that can be instantly downloaded. All sorts of stuff for people who have their own website, and people who don’t (but still want to make money online).
It’s not the sort of online money making opportunity that’s covered in glory, but everyone needs a set of eyes to make sure the numbers add up at the end of the year. Every business and most individuals need someone to help prepare tax returns, especially time or resource-strapped small business owners. The Income Tax School provides an array of training programs that'll certify you with tax prep in as little as 10 weeks, and once tax season rolls around you'll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, reports CNBC.
Thank you for sharing this post again from 2017. When I saw the article, Oh, it’s been written in 2017 but when I read along, it is still applicable up to now. I noticed that you are not eliminating the dates on your post. Some bloggers recommend to use a plugin to delete the dates so Google don’t have to read the post as outdated anymore. I saw that you are not doing that — or you are updating your old articles one by one before sharing it again?
Walk around your neighborhood or town and I’m sure you’ll see tons of great local businesses with terrible design. However, with increasingly easy-to-use tools like Adobe Illustrator, Venngage, Stencil, and Visme, just about anyone with a creative mindset and a good amount of motivation can start making money online by being a graphic designer for local companies.

The prep work before you open up shop is more time-consuming. You need merchandise to sell, photos and descriptions to post, a name for your shop and a business plan to help you succeed. Once that’s done, you’ll still need to find customers. Depending on what you’re selling, that could take weeks, which is why you should expect the overall time for this gig to be slow.


Well, China's tremendous fleets came to an end through a typical episode of isolationism, such as one finds in the histories of many countries. There was a new emperor in China in 1432. In China there had been a Navy faction and an anti-Navy faction. In 1432, with the new emperor, the anti-Navy faction gained ascendancy. The new emperor decided that spending all this money on ships is a waste of money. Okay, there's nothing unusual about that in China; there was also isolationism in the United States in the 1930's, and Britain did not want anything to do with electric lighting until the 1920s. The difference, though, is that this abandoning of fleets in China was final, because China was unified under one emperor. When that one emperor gave the order to dismantle the shipyards and stop sending out the ships, that order applied to all of China, and China's tradition of building ocean-going ships was lost because of the decision by one person. China was a virtual gigantic island, like Tasmania.         
Even if your family, friends, or neighbors may not need work done, you can sell your labor in advance of completing it. Make it official by printing out a certificate that promises that you’ll mow their lawn, shovel their driveway, water their garden, or complete another chore they’d need! Once they’re in need of the work, you can set up a time to get the job done.
My wife picked up immediately on the problem of "weapons of mass destruction" — to use the euphemistic cliche. Are we to sit back and accept that the regulation of such things is inevitably going to fail, and that we are somehow wickedly misguided to try, putting ourselves in the anachronistic position of the Japanese samurai class, vis a vis guns, or the Chinese emperors and navies? Or can we accept that really novel dangers have to be met with really novel approaches?
So what this suggests is that we can extract from human history a couple of principles. First, the principle that really isolated groups are at a disadvantage, because most groups get most of their ideas and innovations from the outside. Second, I also derive the principle of intermediate fragmentation: you don't want excessive unity and you don't want excessive fragmentation; instead, you want your human society or business to be broken up into a number of groups which compete with each other but which also maintain relatively free communication with each other. And those I see as the overall principles of how to organize a business and get rich.         
Take it seriously. Yes, you’re applying for an online job. Yes, you can do the work in your underwear, but that doesn’t mean it’s not a “real job”. You must treat it as such or they aren’t going to treat you as a serious candidate. You aren’t the only one who wants to work in their underwear. In fact, the competition online is likely higher than it is in your local area.
Or again, what about the contrast between Microsoft and IBM? Again, since my book was published, I've acquired friends at Microsoft, and I've learned about Microsoft's organization, which is quite distinctive. Microsoft has lots of units, with free communication between units, and each of those units may have five to ten people working in them, but the units are not micro-managed, they are allowed a great deal of freedom in pursuing their own ideas. That unusual organization at Microsoft, broken up in to a lot of semi-independent units competing within the same company, contrasts with the organization at IBM, which until four years ago had much more insulated groups. A month ago, when I was talking in the industrial belt of North Carolina, the Raleigh-Durham area industrial belt, I met someone who is on the board of directors of IBM, and that person told me, Jared, what you say about IBM was quite true until four years ago: IBM did have this secretive organization which resulted in IBM's loss of competitive ability, but then IBM acquired a new CEO who changed things drastically, and IBM now has a more Microsoft-like organization, and you can see it, I'm told, in the improvement in IBM's innovativeness.
In order to make money, you have to take a chance that a venture or idea you have will pan out. Therefore, it is important to think deeply and evaluate multiple possible outcomes before you decide that an investment is worth it. Taking risks without thinking about them beforehand is an incredibly quick way to lose money. To earn, you should take risks, but they should be calculated.
That outcome, of Germans having their local beer loyalties, is reinforced by German government law. The German government makes it hard for foreign beers to compete on the German market. The German government has so-called beer purity laws. The German government specifies exactly what can go into beer, and not surprisingly what can go into beer is what German breweries put into beer, and it's not what American, French, and Swedish breweries like to put into beer. So it's difficult for foreign breweries to compete on the German beer market. The result is that German beer is not exported very much. Any of you who like to buy Lowenbrau in the U.S. should look at the label in the supermarket: your U.S.-bought Lowenbrau is not brewed in Germany, it's brewed on license in the United States with American productivity and American efficiencies of scale.
That fact results from German local tastes and German government policies. German beer drinkers are fiercely loyal to their local brand of beer. And so there is no national brand of beer in Germany, analogous to Budweiser or Miller or Coors in the United States. Instead, most German beer is consumed within 30 miles of the place where it is brewed. And any of you who have been in Germany know that Germans love their local beer and loathe the beer that comes from next door. The result is that the German beer industry cannot profit from economies of scale. In the beer industry, as in other industries, production costs decrease greatly with size. The bigger the refrigerator unit for making the beer, and the longer the bottle-filling line, the cheaper is the cost of brewing beer. So these tiny German beer industries are relatively inefficient. There's no competition; there are just 1,000 local monopolies.
Using a food delivery service can’t necessarily earn you money, but it can help you save you money if you constantly find yourself throwing out half the food you buy. Food delivery services send a box of food every week with new, sometimes unique vegetables, meat, fruit, and so on. If you don’t have time to shop and want simple meal-prep that leads to a good meal, a food subscription service may be perfect for you.
The folly of youth is believing that there's always enough time for everything. Youngsters often believe that retirement, or wealth building, is something that comes later in life, and are more preoccupied with the concerns of the now. Unfortunately, this often leads to a cycle of "Oh, I should do that next month," month after month, until before you know it, you're 10 years older and you've missed out on a decade's worth of compounding interest. The first step is to stop procrastinating; saving and investing is scary, but the longer you wait to do it, the fewer advantages you have.

Complete errands or tasks for the elderly. Older people often need help with buying groceries, cleaning their home, performing home maintenance, and paying bills. To find clients, contact your local community center or church to find out if anyone needs help. Additionally, you might post an ad in your local classifieds or talk to people you know to find out if they know someone who needs help.[5]
Not only will this multiply the money you’re bringing in in a serious way, but it protects you against any sudden changes in the market or in your business. Remember that old saying about putting all your eggs in one basket? A few hours a week committed to just one or two of the following opportunities will put you in a much stronger position to be financially safe and independent.
Being a Loan Signing Agent is a great side hustle because you can make $75 to $200 per hour-long appointment working for yourself on your own schedule. Retired people, working professionals, and students can be signing agents and earn extra cash when they want. The best part is you need nothing more than a notary commission (which can often be attained by simply filling out an application)!

You might find, when speaking with millionaires — especially self-made millionaires — that there is an element of optimism and joie de vivre. Many millionaires know that if things go wrong, it is possible to find the bright side, learn from mistakes, and move on. Additionally, many millionaires know how to enjoy life as well. Many successful and happy millionaires understand that there is more to life than just amassing wealth; sometimes you need to spend time with your family and friends, eat good food and relax a little. However, the ability to find a silver lining, and to have the persistence to try again, is one of the defining traits of a millionaire.
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Work as an online interpreter or translator. If you’re fluent in a foreign language, it makes sense to look for work as an online interpreter or translator. Depending on your individual skillset, you could find work translating blog posts or eBooks, transcribing recorded lessons or speeches for clients, or translating through Skype or another online video service. And, thanks to the increased use of foreign languages in the United States, getting started could really pay off. According to the Bureau of Labor Statistics, employment for interpreters and translators is expected to increase 17% nationally through 2026.
If you’ve got some free time and don’t live in the middle of nowhere, becoming a Lyft driver can be a very lucrative side hustle that allows you make money fast. And right now, they’ve got a promotion going on where any new driver will instantly get a $300 bonus after completing their 100th ride. If you start now and hustle hard on the weekends, you can probably unlock that bonus within a few weeks of driving (and that’s in addition to your normal earnings).
Today, not only do we live in an exhilarating time filled with endless possibilities thanks to technology that we once considered to live in the realm of science fiction, but it's also a period that's deeply steeped in the expectancy of instant and real-time returns. The truth is that you can't get rich overnight. It takes hard work and effort. It takes persistence and massive amounts of action. It takes seeing things through and pushing past failure, even as much as you want to give up and throw in that proverbial towel.
If you've developed valuable skill sets or picked up certifications within your industry over the years, offering your consulting services to local business owners can be a lucrative way to make money online. Whether you're an expert marketer, business strategist, or manufacturing aficionado, there's likely a local business owner who's willing to pay you to help them solve an issue with their company. Start with this 18-step checklist to becoming a local business consultant from Karyn Greenstreet and then use my guide to crafting an effective cold email to convince them to hire you.
Try Uber EATS or DoorDash. Uber EATS offers part-time work that’s similar to driving for Uber or Lyft. Instead of picking up passengers, however, you will pick up food orders and deliver them in your area. Pay works similarly, letting you earn a per-job rate plus tips. DoorDash works similarly, letting consumers order food from restaurants and connecting drivers to pick up and drop off their meals.
Hi, came across this information after trying to brain storm of fun way to make extra $$. I’m a RN and work 3 days a week and have 4 days off! (Best part of the job ?) I am thinking of trying to purchase Authenticate designer handbags and creating a page to resale. My delima is how to find a reputable supplier. Do you have any ideas?? I’ve even gone to Designer handbag selling sites and asked…all I get are members wanting to sell me “their” purchases at a small discounted price.
Ebates is another cash back app, similar to Dosh, and right now they are offering a $10 signup bonus. There’s no rule saying you can’t have multiple cash back apps, so why not sign up for a couple just so you get the bonuses? Once you get your bonuses, then just use whichever app gets you the best deal on your upcoming purchases. Easiest money ever!

That might be why we have on-demand everything. We live in a society where fast food is prevalent and exists on nearly every corner or town across the United States and we're able to access all of the world's information in real time from anywhere we want from little pocket super computers. We can hail rides, find dates and do everything in a flash, instantaneously. Clearly, we want to lose weight and get right quickly and not have to wait, purely because our ids are so powerful.
Break up with your credit card. Did you know that people who use credit cards for purchases end up spending more money than people who use cash?[6] That's because parting with cash is painful. Using a credit card doesn't carry that much of a sting. If you can, divorce your credit card and see how it feels to pay with cash. You'll probably end up saving a boatload of money.
That fact results from German local tastes and German government policies. German beer drinkers are fiercely loyal to their local brand of beer. And so there is no national brand of beer in Germany, analogous to Budweiser or Miller or Coors in the United States. Instead, most German beer is consumed within 30 miles of the place where it is brewed. And any of you who have been in Germany know that Germans love their local beer and loathe the beer that comes from next door. The result is that the German beer industry cannot profit from economies of scale. In the beer industry, as in other industries, production costs decrease greatly with size. The bigger the refrigerator unit for making the beer, and the longer the bottle-filling line, the cheaper is the cost of brewing beer. So these tiny German beer industries are relatively inefficient. There's no competition; there are just 1,000 local monopolies.
Getty illustrated the purpose and value of having money. He reviews three different mentalities toward work, toward achieving and investing one's time. Basically, it's how you spend your time. Do you spend it working for other people, going home at the end of the day being like everyone else? Do you rise to the top, investing in what you do, in hopes that if your company succeeds, you do? Do you work for yourself? Create? Invest in yourself, for yourself? The book begged the question, "Who are you in terms of your values with wealth?" Very philosophical. Do you help others with it? Stockpile it and not help a soul? Do you blow it all? Do you save? It only means what it means to you. I like this book. I liked Getty.
Skillshare: Want to teach people things but don’t want to make them publically for free? Skillshare is a platform that allows people to create online courses to help others and if people use your course, Skillshare will pay you. Want to learn from other creators? There isn’t a better place on the internet. Skillshare comes built-in with an audience interested in learning online.
In his first 18 months after that real estate infomercial and learning the arbitrage strategy, he did 91 wholesale deals and made a million dollars. He didn't need to use any of his cash to do it. He simply replicated the same technique he utilized in the grocery industry, but instead, did it for the real estate industry. And the results were unfathomable, allowing him to generate millions of dollars, almost on demand, while also becoming one of the leading internet marketers in the world, building up a massive list.
Another benefit of giving to charity is that people perceive you as a better person when you give to causes they care about. They are likely to trust you more when they see that you aren’t intent on hoarding the money they give you, and that doing so will benefit their community in turn. Of course, the tax benefits of giving to charity are also a great incentive to do so.
Using a food delivery service can’t necessarily earn you money, but it can help you save you money if you constantly find yourself throwing out half the food you buy. Food delivery services send a box of food every week with new, sometimes unique vegetables, meat, fruit, and so on. If you don’t have time to shop and want simple meal-prep that leads to a good meal, a food subscription service may be perfect for you.

This can either be done locally or through an online service like Fiverr. Resumes are something that people can be very insecure and self-conscious about, which means there is always a demand for services that will help spruce them up. Holly Hanna from The Work at Home Woman wrote a really useful article on How to Make Money from Home with Resume Writing.
Complete errands or tasks for the elderly. Older people often need help with buying groceries, cleaning their home, performing home maintenance, and paying bills. To find clients, contact your local community center or church to find out if anyone needs help. Additionally, you might post an ad in your local classifieds or talk to people you know to find out if they know someone who needs help.[5]
Selling clothes you no longer wear is a quick way to make some money. Start with local consignment shops for faster cash, or use sites like ThredUp and Poshmark to find buyers. If you go the online route, be sure to take clear, well-lit photos of your pieces and research similar items to set competitive prices. Get tips on how to sell your clothing.
Not only did he get richer than he could have imagined in his wildest dreams, but he also created sustainability. He was humbled by his past failures and he used that to grow, to identify opportunities and progress as a person. That isn't something simple to do. Many of our past beliefs and negative self-talk can easily limit us. But, when you're backed up against the wall, and your entire life is on the line, you'll often do what it takes to succeed.
In order to make money, you have to take a chance that a venture or idea you have will pan out. Therefore, it is important to think deeply and evaluate multiple possible outcomes before you decide that an investment is worth it. Taking risks without thinking about them beforehand is an incredibly quick way to lose money. To earn, you should take risks, but they should be calculated.
If you’ve got experience and expertise in a specific area of business, there are hundreds if not thousands of business owners who would love to jump on a phone call and pick your brain. This can be an easy way to make extra money online and to hone your skills to use in your consulting or freelance business. Sites like Clarity.fm let you create a profile where entrepreneurs and business owners can pre-pay to book a phone call with you for a set amount of time. Whether you’re an expert in raising money for startups, building apps, or running a restaurant, you can make extra money selling a few minutes of your time to people in need.

Invest your time. For example, you might like having free time, so you give yourself a few hours a day to do nothing. But if you were to invest those few hours into getting rich, you could work towards having 20 years of free time (24 hours a day!) with early retirement. What can you give up now in exchange for being rich later? Investment advisor Dave Ramsey likes to tell his radio audience, "Live like no one else today so that you can live like no one else tomorrow."

Even though risk-taking is a generally rewarding strategy in your 20s and 30s, it's also a good idea to diversify your efforts. Don't build up just one skill set, or one set of professional connections. Don't rely on one type of investment, and don't gamble all your savings on one venture. Instead, try to set up multiple income streams, generate several backup plans for your goals and businesses, and hedge your bets by looking for new opportunities everywhere. This will protect you from catastrophic losses, and increase your chances of striking it big in one of your ventures.
Not quite ready to start your own blog, but still like the idea of getting paid to write? You may want to consider trying your hand at freelance writing. Many bloggers and website owners are willing to shell out some serious cash for high quality writers. In fact, Holly Johnson from ClubThrifty.com makes over $200,000 per year from freelance work! And she has a course that teaches others how to do the same.
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