Making money can
sometimes be a tricky
business. As well as our
everyday incomes some
people are tapping into other
sources to make some
extra money. You don't have
to be an expert at share
trading or understand the
ins and outs of the big
banks to make yourself an
added income.
Garage sales and eBay
Everyone has things lying
around at home that aren't
being used any more. Sports
equipment that was bought
with good intentions of losing
excess weight, the tools for
that DIY project or toys that
your children have outgrown.
Have a good look through
your house and you will find
clothes you haven't worn in
years that are perfectly
good still, crockery and
appliances that are just
taking up space and even
furniture that is just in the
way. Hold a garage sale or
pack your car up and attend
a car boot sale. Advertise
your garage sale in the local
paper for a couple of weeks
beforehand and put up some
signs on the day of your
sale. eBay is another good
way to get rid of unwanted
and unused items. You do
pay a fee for each item
listed but it is easy to sell
things and you can market
your goods to a much wider
audience than you can if you
hold a garage sale.
Rent out the spare room
If you have a spare room at
home and are willing to
share you home why not
take in a boarder. You can
make up to about $300 tax
free in rent per week.
Contact the local high
school as sometimes they
have international students
studying for a year at their
school and these students
need somewhere to live. You
will be paid rent for looking
after these students. You
will need to undergo a police
check but this is simple
enough.
Stock market
If you are up with the stock
market you could invest
your time and money into
share trading. This is
something that you can do
in the evenings if you work
during the day. You can
make a lot of money playing
the stock market but you
also can lose it pretty
quickly too, so make sure
you get good advice.
Home based business
If you are at home looking
after children, or have a bit
of spare time, you might
want to start up a home
based business. This can
vary between starting a
party plan business, which
there are plenty out there
to choose from, or if you
have a specific skill this
might make a great home
based business, such as
having an at home hair
dressing salon, working as a
make up artist or beauty
therapist, or you can buy
into a franchise, like a lawn
mowing service.
Invest in property
If you have the ability, and
are able to borrow more
money from the bank, you
can invest your money in
property. Buying a house or
land is a solid investment
and you can receive a
significant return on your
money. This is a long term
investment and not
something that you rush
into.
By the way, do you want to
learn more about finance? If
so, I suggest you check
Managed Funds and Share
Trading.
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