Earning Extra Money: Think Out Of The Box

by Scott on February 24, 2011

Earning extra money is possible, though it can take some creative methods to make it work. If you are in need of a few extra dollars a day or perhaps you need to earn a significant amount per month, the following ideas can help you to get started. Keep in mind that to earn extra money, you do not always have to invest a great deal of time in a new job.

• Consider working from home. Numerous small businesses start right from the home. If you have any skill or passion, make it a business to earn extra money.

• Sell your knowledge through an eBook or through online tutorials. Charge others to view that information to help meet their needs. Clickbank is a great place to start getting ideas and to even find some money making ebooks. In the past month I’ve really started looking at profitable niche ebooks and have set-up a domain that redirects traffic to one ebook. The goal is to start another passive income source that will grow over time. Need a couple ideas? Here is one ebook that I have had a little success with over the last month. It’s a Squidoo lens that I created for the woodworking niche.

• Take on a part time job working in consulting. Those who have years of work experience can work as a consultant for competitors. For example, if you work as an engineer in your full time job, help small businesses by consulting on their needs. I was able to consult part-time for one of the banks I used to work for. They needed someone who knew the software and was able to work late at night processing files. Perfect job as I was able to work and not have to deal with a commute or get dressed up for work.

• Build residual income by developing a software product, an iPod or iPad application or other electronic tools. Then, sell them to those who need them and want to use them. You will do the work just one time but will earn income over time. A great example of this is found over at Pat Flynn’s site. Pat has built a successful company that specializes in iphone apps.

• Find a work at home job. You do not always have to start a business to work from home. Numerous companies pay individuals to do customer service through telecommuting. Some ideas for work at home jobs are VA: virtual assistants, blog writers, and article writers. Check sites like elance for writing and VA jobs. Also check blog job boards like Problogger for full-time writers. I have used elance for writing assignments both here on Passive Dad and on my other niche websites.

To earn extra money for your needs, consider what you are good at. Then, find a way to turn those skills or that knowledge into an income for yourself. Often, you can do this right over the web, which allows you to work from home. Earning extra money like this can be a full time income or a part time opportunity. What are you doing for extra income?

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{ 1 comment… read it below or add one }

1 Laura of Passive Income Dorm December 8, 2011 at 3:30 am

Yes, Pat is doing very well with his apps. He’s a perfect example of how you can launch any product even if you don’t know exactly how to make it. By outsourcing the technical part, he has been able to move forward with making apps. Great example to include on your list.

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