3 answers
Grant
Student
Vermontville, MI
1
Question
3 answers
Aleah Harris
Certified Clinical Medical Assistant
26
Answers
California, Missouri
Updated
Aleah’s Answer
Grant,
The best way to earn money is to stop spending it! Get a job; part time if you’re in school, full time if you’re not. Then save every dime you can. If you live at home, you have very few bills; you should be able to save around 75% of your income. If you live on your own, save as much as you can, with a minimum of 10% but definitely more if possible! If you’re just trying to save up short term, such as working for a year snd then beginning college, work two jobs. Remind yourself this is only for a year and make that money! But don’t work so much you don’t have time to pack lunch or sleep; coffee, energy drinks, and eating out are expensive! Lastly, sell things you don’t need or use. This is an easy way to bring in additional income.
Open a savings account.
Go on a month long spending freeze: nothing but gas, groceries, and bills!
Pack your lunch! Don’t eat out!
Sleep! Don’t waste money on coffee and energy drinks!
The best way to earn money is to stop spending it! Get a job; part time if you’re in school, full time if you’re not. Then save every dime you can. If you live at home, you have very few bills; you should be able to save around 75% of your income. If you live on your own, save as much as you can, with a minimum of 10% but definitely more if possible! If you’re just trying to save up short term, such as working for a year snd then beginning college, work two jobs. Remind yourself this is only for a year and make that money! But don’t work so much you don’t have time to pack lunch or sleep; coffee, energy drinks, and eating out are expensive! Lastly, sell things you don’t need or use. This is an easy way to bring in additional income.
Aleah recommends the following next steps:
Violaine Gonzalez
Senior Associate
176
Answers
New York, New York
Updated
Violaine’s Answer
Earning money within a year's time can depend on various factors, such as your skills, resources, and opportunities available to you. Here are some general suggestions to help you earn money within a year:
1. Employment: Look for job opportunities in your field or consider part-time or full-time employment in sectors that match your skills and interests. Prepare a strong resume, network, and actively search for job openings.
2. Freelancing or Gig Economy: Consider offering your skills or services as a freelancer or through gig economy platforms. This could include writing, graphic design, web development, tutoring, or other skills you possess. Websites like Upwork, Fiverr, or TaskRabbit can connect you with potential clients.
3. Starting a Small Business: If you have an entrepreneurial spirit, consider starting a small business. Identify a market need, develop a business plan, and launch your venture. This could range from selling products online to providing specialized services.
4. Investing: If you have savings or are willing to take calculated risks, consider investing in stocks, bonds, or real estate. However, it's important to research and understand the risks involved before investing your money.
5. Online Platforms: Utilize online platforms to generate income. This could include creating and monetizing a blog or YouTube channel, selling products on e-commerce platforms like Etsy or Amazon, or participating in affiliate marketing.
6. Renting or Sharing Assets: If you have assets such as a spare room, car, or equipment, consider renting or sharing them. Platforms like Airbnb or Turo can help you earn money by renting out your space or vehicle.
7. Side Jobs or Part-Time Work: Explore opportunities for side jobs or part-time work that can supplement your income. This could include babysitting, pet sitting, event staffing, or food delivery.
Remember, earning money within a year's time requires effort, dedication, and sometimes taking risks. It's important to assess your skills, interests, and available resources to determine the best approach for achieving your financial goals.
1. Employment: Look for job opportunities in your field or consider part-time or full-time employment in sectors that match your skills and interests. Prepare a strong resume, network, and actively search for job openings.
2. Freelancing or Gig Economy: Consider offering your skills or services as a freelancer or through gig economy platforms. This could include writing, graphic design, web development, tutoring, or other skills you possess. Websites like Upwork, Fiverr, or TaskRabbit can connect you with potential clients.
3. Starting a Small Business: If you have an entrepreneurial spirit, consider starting a small business. Identify a market need, develop a business plan, and launch your venture. This could range from selling products online to providing specialized services.
4. Investing: If you have savings or are willing to take calculated risks, consider investing in stocks, bonds, or real estate. However, it's important to research and understand the risks involved before investing your money.
5. Online Platforms: Utilize online platforms to generate income. This could include creating and monetizing a blog or YouTube channel, selling products on e-commerce platforms like Etsy or Amazon, or participating in affiliate marketing.
6. Renting or Sharing Assets: If you have assets such as a spare room, car, or equipment, consider renting or sharing them. Platforms like Airbnb or Turo can help you earn money by renting out your space or vehicle.
7. Side Jobs or Part-Time Work: Explore opportunities for side jobs or part-time work that can supplement your income. This could include babysitting, pet sitting, event staffing, or food delivery.
Remember, earning money within a year's time requires effort, dedication, and sometimes taking risks. It's important to assess your skills, interests, and available resources to determine the best approach for achieving your financial goals.
Adam Khan
I'm a student
6
Answers
Islamabad, Islamabad Capital Territory, Pakistan
Updated
Adam’s Answer
Hey Grant.
If you are willing to give what it takes, to earn the desired amount of money you want then the following may help you.
1. Learn a high-paying skill
2. Practice, practice, and practice till you gain confidence in yourself.
3. Pitch clients on different social platforms.
Since you had given yourself a deadline of 1 year, do each step for a certain amount of time and then step to the next one.
If you are willing to give what it takes, to earn the desired amount of money you want then the following may help you.
1. Learn a high-paying skill
2. Practice, practice, and practice till you gain confidence in yourself.
3. Pitch clients on different social platforms.
Since you had given yourself a deadline of 1 year, do each step for a certain amount of time and then step to the next one.
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