5/06/2009

Making More Money

It always comes back to this doesn't it. Either make more money, or spend less money. These are the two options when it comes to being debt free and building a nest egg.

Below are a list of ideas I am tossing around for making more money. Keep in mind that I am up every morning at 6:30am and get home around 6pm (I'm done work at 4:30pm, hit the gym, and then have a 30-45min drive depending on traffice). J and I get home about the same time and then have to make dinner. So currently, our day runs from about 6:30am-7pm before we are finished for the day.
  • A second job

A second job in the traditional sense doesn't work for me. Even as an evening waitress I would probably have to start shift around 5 or 6pm and then work until ast least 11-midnight but probably 2am on nights like Thursdays. I don't think this would work because the lack of sleep and proper eating (bad habits would develop) would put pressure on how successfully I can do my *real* job.

  • Do odd jobs

I do a lot of Costco trips for my Great Aunt. I could perhaps expand this to do weekend trips for Lots of little old ladies/gentlement. I was thinking that I could do up a flyer (to leave at bus stops) and put an add in local community bulitans. I could charge $15/trip and do all of their running around. This could potentially expand to small odd jobs (my aunt asks us to do a lot of lightbulb changes, taking heavy trash out ect).

This could work b/c it could be done fairly easily on the weekends.

  • Rent out a room

We recently had a roomate leave, and May was the first month we split the bills (utilities and rent) four ways instead of five. I am really enjoying the space, and quite, and stress free environment, but the pocket b0ok has definatly taken a hit. One of my other roomates is leaving for the summer, she is (awesomely) still going to be paying rent, but utilities will be split 3 ways instead of 4. This will *hopefully* balance out b/c bills are usually less in the summer (heating is next to nothing) then in the winter.

  • Any other ideas???

Those three ideas are the best that I can come up with for my working-life situation. I don't want to take on something full time or that isn't flexible b/c I don't want to sacrifice my LIFE for my DEBT REPAYMENT. My debt isn't a huge mass of money, but it's this irritating little itch on my back that I just can't reach.

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2 comments:

  1. I've struggled with trying to make extra income as well. The PT job doesn't really work for me either because of the long hours I work - plus I technically already have a PT job - but it's only for 8 months out of the year.

    You could try to make money online - you could offer up a service to sell people's stuff on Craigslist or eBay? Or you could shop in second hand stores and sell your awesome finds online. You could do mystery shopping (I did that for about a year, and it was super fun) ... what else ... you could do sponsored posts on this blog (PayPerPost) or some other form of advertising.

    I also like your idea of renting out a room. It's an easy way to make extra money. Kind of inconvenient if you like having more space, but sometimes you have to sacrifice!

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  2. I was also going to suggest mystery shopping. Watch out for the ones that are more of a hassle than they're worth, though. My mom did one for McDonald's that turned out to be a huge ordeal. I don't know if you're into making stuff, but you could start an Etsy or Artfire account. You can also sell craft supplies and vintage stuff on Etsy.

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