Posted by admin on May 4, 2012
There are over 13 million Americans without a job in families that used to have two incomes, but getting by with only one now. Furthermore, the U.S.’s cost of living has increased more than salaries in the last decade creating a lower ability for households to cover basic expenses. Many workers have been forced to seek ways to make some extra money outside of a day job to supplement wages. Here is a list of methods to make some extra cash, test them on an individual basis to know the ones that work best.
1. Create free blogs, lenses, and hubs. This is one of the best systems to make extra money for people with some knowledge in SEO (Search Engine Optimization), keyword research, content creation, and online marketing tools. There are many monetization options for these websites like Adbrite, Bidverstiser, and AdSense, which could be based on either, content or interest ads. In addition, there are text ads via services from companies such as Kontera, Clicksor, and Infolinks, to name a few. Once the right keywords are selected, constantly create unique and original content to be posted on the lenses, blogs, and hubs to generate website traffic.
2. Make your own product line. Design and create a new concept for items used on a daily basis for people to buy. For example, a new swimsuit line or a custom cover for computers or cell phones. Websites like Etsy provide venues for entrepreneurs to sell their products online.
3. Play MMORPGs (Massive Multiplayer Online Role Playing Games) and sell virtual goods. Players all over the world are always looking for the best gear or in game tools. For example, there is an outside market for gold to be sold and purchased for real money with players in games like World of Warcraft.
4. A very famous way to make money is by stock market trading. Knowledge is not a requirement since there are stockbrokers that do all the investing if needed. Stock brokerage firms can manage entire portfolios or provide advice on investing stocks. The main thing to know is to buy low and sell high. There are several user-friendly online trading services like E*TRADE and Scottrade available.
The amount of money that can be made with these ideas are dependent on the time and effort placed into them. There are many online guides listed in search engines on how to optimize moneymaking tactics. It might turn out that instead of just making some extra cash, the new method provides full time earnings.
This article is provided courtesy of Credit Season, a consumer finance website providing information and tools on personal loans for people with bad credit and other personal credit services.