5 Tips For How To Make Extra Money

Are you always wishing you could find a way to make extra money? When your budget is tight, and it’s harder to stretch just for essentials, making extra money can feel like a pipe dream.

Where do you find the time and opportunity? Seriously, how can you really go about making extra money?

A lot of people would say “Get a second job“–but that means more hours away from your family and hobbies, and besides, it can be hard if your first job doesn’t have a set in stone schedule. Other people might say “Ask for a raise.” But honestly, even if that works, it’s unlikely to bring you in more than an extra hundred or so a month.

If you want to make extra money, try turning a hobby into a paying gig. Also, don’t let the fear of failure keep you from pursuing money-making ideas. Finally, you’ll want to set clear goals and surround yourself with a supportive community of mentors, peers, and friends.

Money-Making Tip #1: Turn a Hobby into a Paying Gig

What’s your passion? Do you fly-fish? Crochet? Take photographs? Cook? Blog?

The things you choose to spend your free time on are the things you are passionate about. All you have to do is figure out how to turn that hobby into a money-making business. Here are three great ways to do that.

Monetize Your Blog

Have a passion you blog about? Set yourself up as an affiliate website. You could make extra money by recommending the products you already love.

If you blog about products that are sold on Amazon, you can create an Amazon Associates account. That way every time someone buys an Amazon product using one of your links, you earn a commission. It’s really a win-win. Your readers use your knowledge to find dependable and useful products. And you’re able to make money too!

Products aren’t the only thing that you can get paid to recommend on your blog. Tons of software and services companies will pay you a commission for referring traffic their way too. How do you find companies that have affiliate programs? One of the easiest ways is by joining an affiliate network.

Here are a few popular ones:

One word of warning with affiliate marketing, though. Always put your readers’ best interests first. Don’t ever recommend a product if you don’t truly believe it’s the best option for your readers. Not only is that unethical, but you’ll eventually lose credibility.

And once that happens, you’ll no longer have an audience to market to in the first place.

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