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Wednesday, February 23, 2011

Lifehacks #1 (1-5): Some easy ways to make extra money.

---Hey guys, today I'm going to give a few personal tips to make money easily, or save it. They are relatively easy and I recommend all of you to give them a try!---

5 tips that will help you make or save money:

1: Ebay. 
Find some extra stuff you have laying around that you don't want and is worth a few bucks, could be furniture, cards, parts, anything useful that would sell. Make an ebay account and put it on up for auction! Make sure you search up the item you're selling first so you can get a sale by undercutting others and price your item fairly. If you have extra stuff and a little extra time, this is a great way to make some more cash.

2: Collect your change.
Don't tell me, you're asking "How does this make you some REAL extra cash?" Well let me tell you something, I went around my house and looked for quarters. I searched in my wallet, in jars, around the furniture and on the counters. I found TWENTY DOLLARS. Now take ALL the change from all the money you spend, put it in a jar. This will add up fast, I've been doing this for the past month and I've saved almost $100 bucks already. 

3: Invest in stocks. 
This is a FANTASTIC way to make money. Research in companies you like, or companies that make the products you use. Watch the market trend and wait for a low price, then buy it and wait. Not only is buying multiple stocks and creating a portfolio a fantastic way to store your money, it also can help you earn money easily. While it is a bit of a luck game, if you spread your funds evenly you will almost always earn money, and  definitely stay even with what you invested. A good example is I bought ATVI (Activision Blizzard) when it was priced at $10.71, then sold it at $12.54. I made 200 bucks easy, just by watching the market. 

4: Tutor or teach.
Chances are you are good at SOMETHING. If you're in school, it could be math, science, history, any subject. Maybe you're an athlete and can help people with working out or improving their health. Do you play an instrument? Visit Elementary or Middle Schools and give students a free lesson, then see if they would like private lessons. You can make 30 bucks an hour and easily more doing this. Definitely a great way to make money. 

5: Don't buy or spend money on things you don't need.
This is by far the best thing you can do to save money. If you see ANYTHING you don't need, don't get it. There are so many things in your daily life you can avoid spending money on. Today I bought a drink from 7-11, bought Chipotle, and got dinner from my friends restaurant. If I didn't waste that money and got water from a fountain, and ate at home, I probably would have saved close to $30 bucks, easily. Now think, that was just FOOD. If you cut back on other things in your life, clothes, toys, online services, collectibles, anything that is just there to make you happier, then you'll be saving hundreds upon thousands of dollars easily.

---Hope you enjoyed my first Lifehacks article, if you have any questions about saving money or any tips you want to add to this, definitely go ahead and comment! Tell me what you think and share your ideas, until next time,---

~Alex.

2 comments:

  1. These are all kind of common sense tips that most people don't think about. You were right in putting them up and giving them examples, especially with the last one. I think most people just think that it's, you know, a dollar here, a dollar there. But that adds up quick. Nice post.

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  2. I agree with Quotey. Suggestion: you should add links to guides that go into more depth for every topic.

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