But don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens', Royal Day Out in London, England—where she gives visitors a local's only tour of the city, complete with bespoke 18th century costumes.
Not only do you need a source of income, but having a second income is a great idea as well. I don’t mean that you have to have an additional part-time job, but find a way to make a couple of extra bucks on the weekends or a few nights during the week. This could be anything from freelance work to selling homemade goods on Etsy. Making an extra hundred bucks every month could have a huge impact on your millionaire journey. It may not seem like a lot, but it can really add up every year.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trip a reality.
My use of the word "secrets" in the title of this article might have brought you here hoping for a guaranteed, almost magical solution to make you wealthy. There isn't one. The fundamental objectives are simple: Make more than you spend, and use the excess to invest wisely. How you invest is up to you (with a few caveats below), but the obvious goal is to make investments that have a high likelihood of making you more money in the future. That's it. The ways to achieve this are by making more money, spending less, and investing more wisely.
Don't spend money on stupid stuff. It's hard enough making a living. But it's hard and painful when the things you spend your hard-earned cash on are financial black holes. Reevaluate the things you spend money on. Try to figure out whether they are truly "worth it." Here are some things you probably don't want to spend that much money on if you plan on becoming rich:
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.
Please help. I turn 15 in a few weeks and live in WA and the whole state has labor laws where I have to be 16 but I really want to get a dirt bike this summer. It’s hard to find a job and everbody mows there own lawns! What should I do? How do I tell the difference between a real site that will pay for suveys and a fake one? Is it possible to make 3000 in 15 weeks?
If you’ve ever wanted to try real estate investing but don’t want to deal with all the stress of being a landlord, you might want to consider investing with Fundrise. Fundrise is a new platform that allows you to invest directly in a real estate portfolio that a team of professionals identifies, acquires, and manages on your behalf. With a starting investment as small as $500, you get exposure to dozens of solid, value-producing assets.
Yes, I went to bartending school after I graduated from college. When I didn’t get any job interviews, and my meager savings were drying up I needed a quick solution to make money for the rent. Five days later and $495 lighter, I graduated bartending school. I never poured a drink – I found a programming job the same week I was supposed to start bartending at a golf club.
Set up an account on Rover.com. Enjoy furry company once in a while? These days, many professional pet-sitters set up an account on Rover.com. With Rover.com, you can reach people in your area who are actively looking for someone to watch their dogs, cats, hamsters, or turtles, either in their home or your own. You can set your own rules and schedule and come up with your own pricing through the Rover.com pet-sitting platform.
During my high school days, I was a pretty decent golfer (about a 2-3 handicap, for you other golfers out there). I was asked by my local club professional if I would help him teach his junior golf clinics that summer. If you have specialized skill in any sport, there are definitely opportunities out there for teaching others the fundamentals (and getting paid).
If you have experience with marketing, SEO, or a knack for getting people excited about the products and services you use on a regular basis, think about refining your skills and putting them to work making money online as a small business marketing consultant in your region—especially if you can become a local SEO expert and can help local clients rank higher in their search results.