How to Make More Money

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By Patricia Gilliam
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In this article, I want to share with you ways I've found for increasing personal income. I'll also link you to more related articles and resources that I think are helpful to making more money.

Difficulty: Moderate

Instructions

Step 1

First, don't limit yourself to just one income source. When you rely solely on any job--regardless on how much it pays--you're putting yourself in a bad position if something comes up with that one income source. I've found it's better to take some time out of the 20-30 hours the average American spends watching TV a week and build something for yourself.
Step 2

The Internet has opened up a wide amount of opportunity. It's not extremely difficult to start a business for less than $100 whether with eBay, Amazon, or creating your own site. Take the time to read up on a specific business before you start one, and it will likely save you a lot of time, effort, and beginner's mistakes.

Ideally, the best types of businesses are the ones that don't need your constant maintenance. You can check them before and after your job, and they make you money while you're asleep, working, or traveling. Just start small and don't go into debt for anything--there's no need to do that since debt interest will take your profits.

To get a business stable, it make take several months to several years. It's worth doing however, since once you get a business stable you can take your time and start another.
Step 3

For quick extra money, consider service-based jobs you can do on weekends and part-time. This can include everything from cleaning houses to mowing lawns. By the hour however, you can do really well. Keep good records and talk with your tax preparer, and you may be able to deduct some of your expenses such as gas as well.
Step 4

To make more money long-term, it's very important to educate yourself when it comes to investing, business, and personal finance. Coming up with a some goals and focusing yourself gives you an advantage over a lot of people who either are unaware or refuse to do the extra work. The rewards of delaying gratification and learning more are worth it.