Three Simple ways to make money on Amazon.com!
Amazon is a site with tons of resources.
Here are two great ways you can take advantage of them to make yourself some super quick money!
1. Amazon Mechanical Turk
With this feature of amazon you can get paid to complete small tasks for other people on the web. It can be anything from writing articles, tagging images, or completing short surveys for a great range of rewards. The earning potential of this isn’t wonderful but it is simple and you can start earning immediately!
Earning money doesn’t mean you have to be employed necessarily, here’s some clever ways how to make some easy money.
Sell Unused Items on Craigslist
Old furniture and electronics can fetch a pretty penny on craigslist. Electronics are a depreciating asset because of the new technology always coming out. Sell electronics quickly before you lose even more money!
Online survey sites
This is good if you’re just trying to make a quick dollar or two, it can really add up after a while. My favorite site is CashCrate. Most other sites are not reliable or user-friendly.
Start a Website
This is more of a long term commitment, but websites can earn boatloads of money from advertising, not to mention working on a website is tons of fun if you’re working with content you love.
Sell Stock Photos
Some people make hundreds of dollars a year just putting pictures they already have and putting up ones they take just as a hobby, why not give it a shot? (Get the Pun?)
This is a lot of fun if you like kids, not to mention I’ve heard of people getting paid upwards of 20 dollars an hour.
Do Odd Jobs for Neighbors
Maybe that elderly guy across the street from you needs his lawn mowed or the lady around the corner needs to have her leaves raked. There are opportunities to make cash everywhere
Sell your Spare Gold or Silver
Get some cash for that gold jewelry you don’t wear anymore, just make sure to shop around and don’t sell it the first place you see “WE BUY GOLD”
If you love shopping this might be right for you. Mystery shopping involves pretending to be a regular consumer while obtaining information about services or products and then reporting that information back to a marketing organization.
Have a Garage Sale
One man’s trash is another man’s treasure. Try and sell (or even give away) some of your reusable things rather than letting them wind up in a landfill somewhere.
Write Articles for e-how
e-how pays you a portion of their ad revenues to the writer of the article. The better article, the more money you can make. Plus, it’s residual income so you will continue to earn money.
Sell Plasma, Sperm, Eggs
A donation of plasma can sell for $30-60, sperm can go for $100, and eggs can fetch thousands of dollars.
Sell Crafts on Etsy.com
If you’re into crafts you can turn them into a mini business, etsy is a thriving marketplace of artists selling their handmade goods.
Knowledge is valuable. There are plenty of websites to help people find tutors and tutors to find clientele; Craigslist is a good place to start.
For the past couple days I’ve been reading “The Millionaire Mind” by Thomas J Stanley. I want to bring up the part that discusses the difference between people who are income statement affluent and people who are balance sheet affluent. Income statement affluent people are the ones who have high paying jobs and lots of nice things. (Expensive home, fancy car, and expensive electronics) In reality, these people do not own these things; they have huge amounts of debt and pay thousands of dollars in interest payments every year. Balance sheet affluent people are the ones who have a high net-worth. They own their homes, own their cars, are in little to no debt, and ultimately will retire happily one day. How can you become balance sheet affluent instead of income statement affluent? Here’s how:
Budget and Save
The biggest reason why many people have a low net-worth is because they let their emotions dictate their spending habits. Figure out exactly where your money is going and eliminate expenditures on unnecessary things. Make a commitment to save a certain percentage of your paycheck. 10% is a good start, 50% is beyond spectacular.
Buy High-Quality Items That Will Save You Money
Instead of purchasing large amounts of low quality items that will break and need to be replaced before too long, buy high quality items that will last a lifetime. At first thought this might be a bit counter-intuitive because you are spending more but if you look ahead to the future you will actually be saving a lot of money. You can never go wrong with products with a lifetime warranty.
Live Below Your Means
When most people come onto a raise or a large amount of inherited money they instantly raise their living expenses. They need to have the biggest house they can afford, all the newest gadgets because they have the excess money now. Resist those urges. Imagine how much earlier you could retire or truly move onto your dream, if you save that money now.
Have an Emergency Fund
Without enough liquid funds when unexpected financial costs comes about, they can cost you even more money than it would have originally due to interest on borrowed money and other related fees. Put at the very least 4 months of living expenses in a savings account where money can be withdrawn without any issues.
Individual stocks are risky and stressful. Save the stress for the manager of a mutual fund. Mutual funds combine many different stocks so your risk is spread out vastly. We’re trying to build money instead of losing it all right? The smartest place to invest money is in you. Whether it’s getting a better education or using that money to start a business, investments on making more income are always going to have the highest return.
Take Advantage of a 401k Plan
Many employers offer a 401k plan, the typical employer matches every dollar you invest with $.50. That’s a 50% return on your money right off the bat! It is practically free money so why would you ever turn that down?
Re-Invest, Re-Invest, Re-Invest
When that stock pick really works out and you decide to cash out and count the profit, avoid spending those profits. If you continually keep reinvesting your money it can grow to wild proportions. If you were to invest $1000 and were able to achieve 10% interest every year, after 40 years it would have grown to almost $54,000… Wow, I think you can see the power of reinvesting your money.