I was never really interested in traditional work—I’m creative and I love learning new things, so I knew I didn’t want to spend my time in an office all day every day. Still, I also knew that staying at home with the kids all day every day wasn’t my dream job either!
There had to be a way to make money from home—and I was determined to find it! After reading through this article, you’ll know exactly how I did it and have the tools you need to get started as well!
Save all your money and refuse any extras
Keep in mind that when it comes to success, a penny saved is a penny earned. It can be difficult for many of us who like to live well and enjoy life’s finer things. If you can get into a routine of saving your money by refusing any extras, you will build up some nice savings and financial security that will help you quit your job sooner, rather than later.
Click here to check out the path that I took to become successfull with an online business.
Below are five ways to save money so you have more room in your budget to make money at home.
1. Plan your escape
2. Build an emergency fund
When you work a 9-to-5, it’s pretty easy to set aside money for an emergency fund. But, when you’re self-employed or otherwise don’t have steady income, putting cash away for a rainy day can be tough.
If you want to feel secure in your career (and finances), consider creating an emergency fund. It doesn’t matter if you stash your savings under your mattress—the important thing is that you save some cash that will cover three months of expenses at a minimum and ideally six months if possible.
This way, even if life throws a curveball at you, your business won’t suffer as much damage as it would without those savings accounts on hand. Sure, a safety net like that isn’t going to make your financial situation perfect—but it will help smooth out unexpected bumps in the road.
And just like with any type of insurance policy, setting one up now may pay off later. The internet has become part of everyones lives whether they realize it or not so its safe to say more people are online more than ever before.
That’s why digital marketing is considered by many experts, including myself as one of the most sought after marketing niches today. At present time there are lots of tutorials from sites such as Digital Tutors etc which covers every aspect including logo design!
3. Figure out how you will create income
If you’re looking to make money from home, there are two ways to go about it. The first is creating something you can sell (either a product or service). The second is finding someone who needs help and selling your time and expertise.
Both are viable options—it just depends on what your strengths are. Can you think of any friends or family members who might need assistance with computer issues?
They pay, right? No—but they may be willing to barter. For example, in exchange for fixing their computer problem they may offer an hour of babysitting once a week; good enough for you?
Of course they may also opt to just give you cash; either way, at least you’ll have some income coming in while gaining valuable experience. All you need is a little creativity: Once you start thinking creatively about how to make money at home, opportunities will pop up everywhere.
Use your skills, whatever they may be, and put them to work. You never know what those seemingly small tasks will lead to! In my friend Susan’s situation, she went back to college because that’s where her passions lie.
Susan told me it was worth every penny she spent on tuition. Now she’s working part-time in addition to going to school full-time and being a mom full-time. It gives her time to pursue other things as well.
To get started immediately, I recommend that you do some investigation. If you don’t already know it, do some research into your subject area so that you’re better informed as to creating income streams.
So, you’ve decided to work from home. How will you make money? The good news is that there are multiple ways to earn a living on your own schedule.
Here are some tips for creating streams of income
● Don’t quit your day job: You need to make sure you have enough cash coming in to support yourself and pay for your business start-up costs before quitting that 9-to-5 gig completely.
Even if it feels like a temporary stepping stone—which it probably is—never quit anything prematurely (except maybe an abusive relationship).
Be honest with yourself about what you can handle financially and don’t bite off more than you can chew!
Many people take out loans or use credit cards to fund their entrepreneurial efforts because they want to launch as soon as possible but remember …
It takes time to grow a successful venture so pace yourself and be patient. Things won’t always happen quickly. If you rush into things without careful planning and preparation, chances are high that failure is right around the corner; failure means wasted time, effort, energy and resources which could have been used elsewhere.
Always think twice before taking on additional expenses or heavy loans; even though financial situations are often difficult to predict, try not to guess when it comes to your company’s finances.
Always seek professional advice when necessary. Discussing your current situation with a trusted expert may help put everything into perspective and guide you towards making better decisions regarding how much debt and risk is appropriate for your business – both now and in future stages of growth.
Go after it!
If you want to make money from home, and you’re not in school or a stay-at-home parent, then start thinking like an entrepreneur.
Research ideas and opportunities that interest you, invest your time wisely (and don’t quit), and most importantly: follow through on your business idea!
A friend once told me that when it comes to making money at home, If at first you don’t succeed, skydiving is probably not for you. Just kidding…you can go back to plan A any time. Just try again; you never know what might happen next.
Now take a look at your writing samples and see how much better they are than when we started—our plan even worked!
By following our simple strategy, you should have seen an improvement in quality without spending more time or putting in any extra effort.
A writer’s work is never done, so get ready to try out some of these tips again and again as you continue to create new content. If you feel like our strategy still didn’t deliver quite what you wanted, it might be time to get creative with more advanced editing strategies.
In my next post, I will teach you how to use a spreadsheet tool to track your progress toward becoming a master copywriter: Pro Writing Assistant: How To Use Spreadsheets To Improve Your Copywriting Skills. That post will also feature two additional expert writers sharing their advice on creating great titles and headlines, so stay tuned for that!
5. Use a side hustle spreadsheet
One of my favorite side hustle resources is a spreadsheet that helps me track how much money I’m making every month from each income stream.
It’s an easy way to get on track with your business idea, and if you ever decide to pursue it seriously, you’ll have hard data about what does and doesn’t work.
Create a spreadsheet in Google Docs or Excel (or any app for which you can save documents) and begin tracking. At first, limit yourself to just one column for tracking one source of income, such as your primary job (if you currently have one).
Then expand as needed to track other ideas—after all, everyone starts small! Don’t forget to update periodically so you know where things stand. Or, better yet, set up recurring reminders to help keep you honest.
After setting up your spreadsheet(s), consider adding some protection and flexibility by investing in cloud storage; Google Drive comes free with many web-based office products like Gmail and offers 1 terabyte of storage space at no cost.
You can also turn on two-factor authentication here , too. That will help keep your account to be secure even if someone else gets access to your login credentials somehow.
If you don’t want to use Google, Dropbox is another excellent option . An example of my side hustle spreadsheet that keeps track of how much money I make from each income stream.
It makes it easy for me to keep track of everything all in one place!
About Me & Contact Info: Add whatever info you want about yourself—but specifically, add your name and a picture or logo that represents you.
Be sure to market yourself and your services
Use social media channels like Twitter, Instagram, Pinterest, and Facebook
Twitter is one of my favorite ways to make money online because it’s a visual platform, which means you can post photos and videos and other visual content without having to get into long, detailed posts.
It’s a great way to share pictures of your products so users can get a sense of what they’re buying. You can also link up your Instagram account to generate more leads—and eventually sales.
When done right, social media platforms like Facebook, Twitter, Pinterest, and Instagram are awesome ways for your business to make money while doing what you love.
Just don’t waste all that effort by sharing too many cat memes! This helpful guide will show you how to use social media channels like Facebook or Pinterest for business growth—for example by using them as customer-engagement tools.
The first part (Share inspirational quotes) might be easy for some people but is quite hard on beginners. The second part (Turn social networks into revenue) should be easier but still time consuming.
The third part (Find new customers with location search) could be quite nice if you find an interesting target group where you live or in other cities/countries and just take some inspiration from others locations.
Also, thinking about Google Places? Good start! Some of those guides might need additional edits because currently there aren’t any tags besides Ideas, but you’ll learn something useful here. So, why not give it a try?
Bonus Side Hustle
Sell Herbal Coffee—the first thing most people think about when they think about making money from home is having an online business such as selling ebooks or other digital products online.
People don’t seem to consider making extra income with Herbal Coffee though; it doesn’t seem exciting enough or lucrative enough. The truth is making extra income with Herbal Coffee is just as easy as setting up an ebook selling website if not easier.
You don’t need fancy websites or professional looking content; all you need is some coffee grounds, water and time. You may also want to start small with a buddy so each of you can test different recipes out and compare notes on which ones taste better or worse.
Once you’ve tested out a few ideas and perfected them then go ahead and take advantage of places like Amazon where there are millions of people actively searching for great tasting coffee drinks they can drink at home without having to leave their house.
Click here to learn how I was able to Quit My Job And Make Money From Home.