Hi Loves,

I love finding new ways to make money because after all I want to enjoy all that life has to offer and I know you do too! If there is an opportunity to help others bring in more income I like to grasp it. Below is a list of ideas that I believe will help you make more money. If you have any recommendations on how to make residual income please comment below. I hope this helps!

Pay Yourself First

Im sure you can agree that there is one thing certain, your bills are due every month. Then there’s always another expense that  you didn’t budget for. After paying off those, there is typically not that much to put towards savings, which is why it’s so hard to save for some.  A while ago, I read “Rich Dad, Poor Dad” and learned one of the best lessons, pay yourself first!  Commit to a percentage maybe 5% , 10%, 20% that you put directly in to savings before paying all other expenses. By doing so it helps you saving money that can then be invested to earn more.

Invest 

The days of saving money in a traditional bank are over. Interest rates are at an all time low, and inflation is at an all time high 6%! So what does this mean? If you aren’t investing you are loosing the value of your cash. When you invest in the stock market or crypto you are actually hedging your bet against inflation. Although day trading is fast way to make money now, I personally invest  with the intention of long term investments because its difficult time the market. If you’re unsure of what to invest, research EFTs which allows you to invest in multiple companies with less fees. Ie: QQQ, DIA, SPY.

As for investing in Crypto. This is a speculative asset category that has high volatility and risk but very high returns. Bitcoin and Ethereum are probably the safest of the 1400 coins out there as the SEC recognizes them as commodities. There are several apps that can help you manage your digital assets. I prefer  Gemini because it’s  best in class and and insured from hacks on the exchange and custody. It’s so reliable & easy to use!

Delivery & Driving Apps

For me, the  pandemic was a catalyst for me being a bit more lazy when it comes to ordering in food and groceries.

START YOUR OWN BRAND

This is a great way to make more money! Before you get started be sure to do research on your target audience so that you know how to market your brand and what services to provide your audience. Most importantly, assess your budget before you invest so that you are able to get the best return on investments without spending more than you can afford. It doesn’t hurt to start small and then build. As long as you are consistent your money will accrue overtime and you will also generate loyal consumers!

E-COMMERCE

Online entities like Etsy or Shopify can easily help you generate revenue. As long as you invest in the right software, share on multiple platforms, and create a blog to help drive traffic to e-commerce biz you will generate revenue!

SOCIAL MEDIA MARKETING

Turn your social media platforms into tools that you can use to market yourself or your brand! Trust me, even if you have 10 followers it will grow over time as long as you are consistent and you offer a service that is high demand.