For many of you, the thought of picking up a little awesome side cash is a necessary option to avoid working a second job. Most middle-class families in America lack the ability to come up with an extra $400 in between paydays should an emergency arise. In this article, we will cover several basic idea’s to help you get on the right track. The ultimate goal should be to make a little (or a lot) of side money and spend time with your family.
Tip # 1 – The basic idea, in my opinion, is the most important tip of any that I will give you. Before you can launch into your side money endeavor, you really have to take care of home and family first. It does no good to go out and earn extra cash if your roof is leaking, or your honey-do list is out of control. In my home, my wife works horrendous hours in her day job, so I take the lead! In my day job, I work 1-9 pm. daily so I tend to our house chores, we also have our grandson and daughter temporarily living with us, which add’s to the workload, but we seem to manage and it all gets done. I usually can manage 2-3 hours for blogging or I work on projects (explained in a later post) that make us money. It’s all very doable you just have to be disciplined, to take care of home first
Tip # 2 – Do not, I repeat Do not quit your day job, no matter how much you hate it. I can’t emphasize this enough, you need any and all benefits you can reel in. I was standing in the river fishing when the guy next to me, got a call on his cell, it was his former employer. The Boeing company calling to offer his job back (he had been laid off), he declined and hung up the phone. He then proclaimed, “I have another 12 weeks of unemployment benefits to collect” I thought, “man that’s crazy.” He was planning to make crafts over the holidays to sustain his family, along with catching fish. You need to keep your day job no matter how bad it sucks, you need it. Most experts say that 6 months income needs to be in the bank before you transition to self-employment, I would opt for more.
Tip #3 – Right up there with Tip #1 this is equally important, BE SAFE! I really mean this, oh my gosh, I knew a guy who went out and bought a chainsaw and thought he could get into the hazard tree removal business following storms and such. He did remove a tree, right onto his client’s house! To be a great Side Cash gig, you need to keep your liability to a minimum or purchase the necessary licences and insurance to keep you out of trouble and losing everything. Avoid like the plague anything that entails a “service” or anything that involves you going on someone’s property or them coming on yours; in this day and age you can be sued for just about anything, be careful. In a future post, I will share some low liability side cash hustles, stay tuned.
Tip #4 Be ready to say goodbye, to the television, you don’t need it. Or at least scale it back, you need the time for Tip #1 and working on your hustle whatever it may be, or at least find a balance. When I was working day shift 9-5 I almost always could find a few hours in the evening to work on my hustle or my home. Make a schedule and stick to it, maybe select a few shows that you like or plan a night out at the movies with your significant other. I once worked a part-time job following my 9-5 and worked 6-10 pm. at a home improvement store 4-5 days per week, it had to be done and I learned real fast, side money gigs might not be too bad after all.
Tip #5 Avoid the Hucksters and fakes, many of whom are scattered around the internet, most will proclaim crazy stuff like “You can Earn $50,000 a year selling phone cases, on Ebay, made in China. All I can tell you is be careful, many Hucksters will trick you into believing you can make big money if you listen to what they say and subscribe to fake information, connected to backlinks that make them a ton of dough. I have been involved with eBay since 2001, and have made some good side cash, without overwhelming my house with to much junk. I will 100% in a future post share more about eBay and making money on goods ordered from China and other places. My granddad always told me, “if it sounds too good to be true, it probably is.” FYI – my articles and research are based on fact and experience, and the biggy instilled in me by 22 years in the US Army, Integrity.