Smart Ways To Create Extra Income This Year

Do you wish you had more money? If you want to become financially free or simply bring in more this year than you were last year, you’re in the right place. Below, you’ll find a few suggestions that could help you to create extra income this year. 

Make Passive Income A Priority

When you make passive income a priority, you can make sure that you’re earning the money you need without swapping too much of your time. This means not having to work 9-5 and instead just doing the work you need to do to maintain your passive income streams. A few examples would be writing ebooks, affiliate links, and anything else that can help you to earn money while you sleep. Even youtube videos can help you to earn passive income, but you’ll need to put the work in to build a successful channel. 

Start A Business 

You could start your own business, although you can’t always count on making money when you first start. If this is something you’d like to do, now could be the time to set the wheels in motion and start it up on the side.

Find a side hustle

A side hustle is a way of earning extra money on the side of your main job. There are tons of side hustle options depending on your skills and availability from blogging to mystery shopping, to renting out a spare room to selling your old stuff online. It really is worth looking into starting your own side hustle; what may start as a side project could turn into a business!

Ask For A Pay Rise 

If you’re holding down a job, asking for a pay rise could be one way to earn extra income this year. As they say, if you don’t ask, you won’t get. See if you can set up a meeting with your boss and give them proof that you deserve more money. You’ll need to work on your presentation skills for this – check out how to do that below! 

credit to STL


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