Quick and Easy Ways to Make Money From Your Phone

Three focuses of my blog are Financial Literacy/Money, Business/Entrepreneurship and Technology. With the invention of the smartphone, a host of new possibilities were also created. The following contributed post is entitled, Quick and Easy Ways to Make Money From Your Phone.

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There are many ways you can start a side hustle and earn some extra cash. However, this can take a lot of time and investment. If you are looking to make quick money without a large monetary or time investment to get you started, then there are plenty of alternatives from the convenience of your phone.

Mobile phones have only become more sophisticated with time, and you are now able to house everything on a small device, from your photos and contacts to streaming your favorite Netflix shows and making money.

Put your smartphone to good use and make some extra cash. Here are some of the top ways you can make money from your phone that are quick and easy to do.

#1 Market research firms

There are a plethora of market research firms around the world that will allow you to sign up and take part in the research. Some of the easiest ways you can do this are to sell your data. Once you have found a company you are happy to work with and installed their app, you don’t have to do anything else for it. Market research firms will use your data for their research and in return, you get paid for it.

#2 User testing

There is a demand for user testers all around the world. Many big brands want people to test their applications and websites before they go out to market. You can do all of the user testing from your phone. All these companies ask for in return is feedback that will help them improve their branding, websites and services. You can simply test websites and leave reviews, or you can take part in online interviews (which can be done on your phone if you have a video conference app installed).

#3 Betting

Betting is a fun, convenient and easy way to earn some extra money from your phone. It is also extremely simple to get started with. There are many types of betting that you can get involved in, and many that carry fewer risks, for example, binary options, which come with two different payouts. You just need to find reputable binary options trading brokers to help you get started.

#4 Surveys

If you have 5-10 minutes per day, then you may wish to work through some surveys. These are simple to complete and can be done on your smartphone. There are a variety of different surveys to choose from, some are a few minutes and some are much longer. You can opt for cash, or gift cards in return for your time.

#5 Investment apps

If you don’t need cash right now, you can use your smartphone to invest your money to help you secure your future. There are a variety of apps on the market, for example, Betterment, that can guide you to invest and take control of your money. Many of the applications will enable you to create your own goals, that will help you to create a plan tailored to your budget and needs. This is a great and hassle-free way to get started with investing and making money.

If you don’t have the time or desire to start a side hustle, but you would like to earn a little extra money, these are some of the top ways to get started using your phone.

Money-Saving Strategies For Small Businesses

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. When you run a business, you want to make sure to ensure profits, but you also have to figure out how to you save money as well to maintain operations so that you’re always cash flowing. The following contributed post is entitled, Money-Saving Strategies For Small Businesses.

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Balancing the books is one of the most difficult challenges for small businesses. Most startups and small companies operate on tight budgets, so it’s hugely beneficial to capitalize on opportunities to save. Generating profits doesn’t just boil down to bringing money in. It also depends on controlling spending and regulating outgoings. In this guide, we’ll explore some money-saving strategies for small businesses.

Flexible staffing structures

Staff wages account for a significant proportion of expenses for most employers. In some cases, it’s not possible to explore an array of options, but often, business owners can save by embracing flexible systems and structures. If you have a small core team, for example, you could consider options such as offering short-term contracts for specific projects or seasonal work, hiring temporary employees, adding part-time staff or outsourcing. Outsourcing is an increasingly popular option for businesses of all sizes because it facilitates access to additional services and skills without adding to the wage bill on a permanent basis. Examples of services and tasks that can be outsourced effectively include digital marketing, cleaning, IT support and logistics.

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Saving on technology and equipment

Most businesses rely on equipment, technology, tools and supplies to provide customers with products and services. The cost of buying and maintaining equipment can spiral. If you’re looking to upgrade technology, replace tools or buy equipment or supplies for your company, it is worth comparing prices, getting quotes for hire packages and looking for ways to save by buying surplus or second-hand equipment. For glassware, furniture or kitchen equipment, for example, search for discount restaurant supplies, compare hire prices versus purchase costs and look for companies or stores that offer used and preloved products. For retail units and cafes, you could look for second-hand fittings and try upcycling furniture.

Reducing energy consumption

The cost of gas and electricity has risen sharply in the last 12 months. Reducing energy consumption is an effective way to lower bills and make a positive contribution to the environment. There are multiple ways companies can reduce consumption, including boosting energy efficiency by upgrading to smart appliances and swapping old light bulbs for newer versions, using sensors and thermostats to prevent wasting energy and insulating business premises. If you use company vehicles, or you have a business fleet, it’s also worth exploring green vehicles. Electric and hybrid cars are often more expensive to buy but you can start saving on running costs immediately. You can also implement policies and guidelines to encourage your staff to use less energy. Even the smallest things, like turning computers and electrical appliances off at the socket, can make a difference.

Picture credit: https://www.pexels.com/photo/white-and-orange-gasoline-nozzle-110844/

Financial issues are the most common cause of business failure. If you run a small business, and you have a tight budget, you can increase profits by boosting sales and reducing expenses. Look for ways to lower spending by exploring flexible staffing structures, searching for the best deals on equipment, tools, resources and supplies, upgrading to smart technology and lowering energy consumption. If you can increase your income while reducing spending, your books should look much healthier.

Do Timely Maintenance and Repairs

Any business owner knows that saving money is essential to success. After all, the bottom line is what matters most. One way to save your business money is by investing in regular maintenance and repairs. You can proactively address potential issues instead of waiting for something to break down. This can often be done at a fraction of the cost of repair or replacement. In addition, regular maintenance can help extend your equipment’s life, saving you even more money in the long run. For example, professionals should take care of commercial air conditioning repair in a timely manner. By taking a proactive approach to maintenance, you can save your business money and keep it running smoothly for years to come.

What To Do When You Start Making Big Money

A key focus of my blog is Financial Literacy/Money. Many people aspire to make big money and history has shown us that some proliferate their earnings while others squander it. There are numerous reasons for this. The following contributed post is entitled, What To Do When You Start Making Big Money.

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As time goes on, there is always the hope that you will start making big money. Money big enough that you will start thinking about investing in your future and building wealth that will feed your family for generations. It can be very overwhelming at first and confusing as to what to do. Here are a few things you can do if you come into big money.

Meet With a Financial Professional

The first order of business is working with a financial advisor. Financial advisors are experts in the field of money and wealth, and they will know exactly what you need to do to make your money work for you. They can alert you to what savings accounts are out there that can give you a high return on your money, and they can also let you know what retirement plans may work best for you.

You can take your money and set it aside for a rainy day or for when you get older, and if it is sitting in the proper account, you will have plenty for when you decide to live a life of leisure.

Invest Your Money

If you want to invest your money over the long haul, then speak with compliance experts about what to do. Compliance experts can tell you where it is smart to invest your money. These experts are typically former brokers, traders, bankers, and consultants and they know all the ins and outs of investing.

Set up a consultation with one to see if they are a right fit for you, and soon, they will start helping you build an impressive portfolio where you can start making even bigger money for the future.

Save Your Money

A lot of people make the mistake of coming into money through a higher salary or some other means and they overspend and lose all of their money. The smart thing to do is to save as much of your money as possible. Even if you have investments or retirement accounts, having a regular savings account where you can keep your money safe is a good move. That money is money that you will only touch in the event of an emergency.

Other accounts like retirements and investments are at the mercy of the market and the economy. A savings account, however, is impervious to such things, and your money will always be there. Go to your bank and see what savings accounts can work for you and keep your money sound.

Live Within Your Means

We need to spend some kind of money everyday. Don’t start living an extravagant lifestyle if you truly can’t afford it. If you don’t need a big house, don’t buy it. If your car is running fine, keep it. Once you start living a higher lifestyle, you will have higher bills, and you will not feel as if you have any money at all. Keep your bills low and your lifestyle solid, and your money will go much further.

Side Hustles You Can Be Proud Of

Two focuses of my blog are Creating Ecosystems of Success and Financial Literacy/Money. Many individuals have side hustles to make additional money to their days jobs and primary careers. The following contributed post is entitled, Side Hustles You Can Be Proud Of.

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If you are wanting to make some extra money on the side then this article will give you lots of ideas on how to go about this. A side hustle is something you do in your spare time around your usual nine to five job. Take a look below for three amazing side hustle ideas.

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First off is one of the easiest ones, well easy if you enjoy working with children. You may have a day job working with children so you want to offer your services on the side as well. Families are always calling out for babysitters to help them when they want to go out or have appointments they are unable to take the children to. If you register your interest on websites or at the local schools then you will have bookings flooding in.

Another great side hustle that involves working with children is tutoring. During the lockdowns, a lot of children missed out on vital hours of education. Parents are now keen to make those hours back up so are always on the lookout for tutors. You can decide to tutor all ages or simply just primary or secondary-aged children.


Next, if you are confident in your decision-making skills then you could look into investments as a side hustle. This is a sure-fire way to make a lot of money or lose some money, there are a lot of risks involved with this one. If you take some time to read up on different avenues then you will soon have a greater understanding of it all. You could invest in gold or silver, or even cryptocurrency. If gold is what you are looking for then you can use a website like Hero bullion to buy from. Remember, when you are investing in things like this the prices will constantly be fluctuating. One day you could make a profit if you decide to sell, the next it could lead to a loss.


Something else that may be relatively easy, especially if you find something that you are into is freelancing. This could be anything from photography to writing articles for blog sites. If you have an interest then you may as well make some extra money from it. You can do freelancing from anywhere in the world, so you wouldn’t have to worry if you needed to work while being away on holiday as this is totally possible.

There are websites you can use to sign up as a freelancer, you can also take a look at different jobs and see what people have to offer on these websites. If you are just starting out then you can look here for inspiration on what to charge per hour as this is your choice. Be aware that if your prices are too high then people may not choose you for their projects. On the other hand, if your prices are too low then people may be reluctant to use your services as they are not sure if you are any good. Be sure to collect reviews from the clients you use.

Financial Tips for Young People Starting Out In The World

A key focus of my blog is Financial Literacy/Money. As a young person, you have your whole life ahead of you and opportunities more seasoned individuals done have. As such you want to start making smart decisions early. The following contributed post is entitled, Financial Tips for Young People Starting Out In The World.

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It’s a jungle out there. When you’re starting out in the world, everyone is telling you different things about how to manage your money. Do you save? Invest? Spend frivolously and enjoy your youth? It can be hard to know what to do when you’re just getting started. The following blog will provide some tips for young people to help them get their finances on track and make the most of their money!

Photo by Joslyn Pickens

1) Start Saving Early

One of the best things you can do for your future self is to start saving money early on. It may seem like you don’t have much to put away, but every little bit helps. You can start small by setting up a savings account and contributing a fixed amount each month. As you get older and your income increases, you can increase the amount that you save.

Saving early on will help you in two ways. First, it will give you a cushion to fall back on in an emergency. Second, it will help you reach your financial goals sooner. For example, if you want to buy a house or retire at a certain age, starting to save early will make those goals more achievable.

So, if you’re just starting out, make sure to start putting some money away each month. Your future self will thank you!

2) Invest Your Money

Investing your money is another great way to secure your financial future. When you invest, you’re essentially putting your money into something that has the potential to grow over time. This can be done in several ways, such as buying stocks, cryptocurrencies, mutual funds, or real estate. So go now and start working towards financial freedom.

Investing has several benefits. First, it can help you reach your financial goals sooner. For example, if you’re looking to retire at a certain age, investing can help you get there quicker. Second, it can provide you with extra income in retirement. And third, it can act as a hedge against inflation.

So, if you’re looking to secure your financial future, investing is a great option. Just make sure to do your research and invest in something that you’re comfortable with.

3) Live Below Your Means

One of the best pieces of financial advice is to live below your means. What this means is spending less money than you earn. This can be a difficult task, especially when you’re young and just starting out. But it’s essential to resist the urge to spend everything that you make.

Living below your means has several benefits. First, it will help you save money more quickly. Second, it will allow you to weather economic downturns more easily. And third, it will reduce the amount of debt that you have.

So, if you want to get your finances on track, make sure to start living below your means. It may not be easy at first, but it will pay off in the long run.

In conclusion, these are just a few financial tips for young people that are starting out in the world. If you follow these tips, you’ll be on your way to a bright financial future! Just remember to start saving early, invest your money, and live below your means.

Get Your Household Finances In Order This Year

A key focus of my blog is Financial Literacy/Money. Managing your household finances is critical as we are all businesses in and of ourselves. The following contributed post is entitled, Get Your Household Finances In Order This Year.

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Let 2022 be the year you will finally take charge of your family’s finances rather than allowing them to rule you. You realize it’s time to take financial freedom seriously. Here are six steps to follow.

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Keep Track Of What You Spend

Begin keeping track of your family’s spending. It will hurt at first. When you put in the work and look at where your money is going, you’ll notice why your savings fund isn’t where you want it to be. Create a spreadsheet, use an app, or simply write it all down. Discovering where your family’s money is going is the first step toward altering it. Everything from a quick trip to the corner store to hiring lawyers must be considered.

Make Use Of A Budget

Budgeting is difficult, but it does not have to be a stressful one. The first step is to identify a budget type that works for you. Discover what works best for you, whether it’s a notebook, an excel spreadsheet, computer software, or a budgeting app.

Be Prepared For An Emergency

If you’ve been adulting for years, unexpected bills seem to arise out of nowhere and usually at the worst possible time. It’s easy to overrun your budget if you don’t plan for the unexpected. When things go wrong in life, having an emergency fund can come in handy.

How much money should you save aside for a disaster? The amount is determined by your family’s circumstances. If you have steady work and decent insurance, 3 months of costs may be sufficient. A period of 6-12 months would be great. What if you continue to owe money? Begin slowly.

Create a $1,000 emergency savings first, then start on debt repayment. As your debt decreases, continue to add to your emergency fund until it satisfies your needs. Your emergency savings should be significant enough to provide you peace of mind while you seek to take charge of your family’s finances.

Get Rid Of As Much Debt As Possible

Debt extinguishes all financial goals and dreams. It will depress you and cause a great deal of frustration in your household. Make a strategy to repay all of your debts, whether they are credit card debt, college loans, or anything else. If you don’t, you’ll lose control.

There are numerous approaches to dealing with family debt. Debt snowball and avalanche techniques We’ll get to debt management measures shortly. Create a plan to pay off debt and bring your family out of the financial hole you’ve created, whether you picked the debt snowball, avalanche, or hurricane technique.

Future Investments

After you’ve watched every penny, become a budgeting expert, devised a strategy, set aside emergency cash, and paid off all your debts, you can contemplate financial investments in 2022. How can you put money down for your family’s future?

Perhaps you wish to retire early or leave your work to start your own business. Have you considered creating a family vacation fund to travel the world? Perhaps you want to save for your children’s college so they shouldn’t have to struggle as much as you did. All of this is something to think about now that your family has reached financial success.

So sit together with your spouse, identify some short and long-term financial goals, and start to work. The effort required to achieve these objectives will be worthwhile.

Protecting Your Financial Future – Debts, Habits and More

Two focuses of my blog are Financial Literacy/Money. One of the keys to winning with money is protecting your financial future. To do so, you must take several methodical and timely steps. The following contributed post is entitled, Protecting Your Financial Future – Debts, Habits and More.

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We know that taking care of our health and wellness is one of the most important things we can do to live a long and happy life. But alongside taking care of ourselves and our families with nutritious food and an active lifestyle, we need to take care of our finances.

Our finances have highs and lows throughout our lives, and sometimes it can get a bit worrisome.

Tackling your wayward finances and taking control of your financial future might feel and sometimes look scary – but with these few tips, there are plenty of ways that you can kick your finances into touch.

One of the most important things to think about when you go through your finances is that not everyone has the same amount of cash. So, you can choose the ones that will make an impact on you and those that make sense to your own financials.

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The basics

The basics of your cash will give you the information you need to make positive changes. IT is a good idea to create a spreadsheet or something where you can make notes.


Where is your money coming from? Look at your income, passive income, benefits, and any other income that you get.

Make a note of all the individual places and amounts, then a total. Go back over a few months of your income records so that you can work out an average.


Most of us spend more money than we need to, or that we ever recognize. Look at all of the subscriptions you have. Do you get takeout a little more often than you should? Where do you spend money that you could trim?

Make a note of all of the outgoings you have. Just like the income, it is essential to get a more comprehensive overview – so go through 6 months of spending.

Create a calendar

Often the missing part of the process is knowing when things are going in and when things are coming out. Many of us let our automatic payments come and go without paying attention to anything more than the total. You can ask to move some payment dates around that allow you to have an easier cash flow.

Reworking your current attitude

No matter how you want to tackle your finances now, you could probably benefit from some reframing. Since you have a good overview of your finances now, it is time to align your outgoing and your income.

Budget/cash flow

If you notice that things get a bit tight by the third week of the month, or you end up in overdraft and using credit cards – it’s time to check the cash flow. Your cash flow is the timing of when money is coming in and when it is going out.

Date changes

If all of your bills go out and leave you struggling in the second week of the month, it is a good idea to talk to all of the companies and see if you can spread them across the month instead. Align the income and outgoing dates to never leave too far out of pocket.

Month on Month

As you start to make these changes, you need to keep track of how things are going. It will take several months or more to compare and look for a positive difference.

Emergency funds

Many people don’t have an emergency fund because most people use almost precisely what they have in terms of income on expenses. Build significant emergency funds with small, consistent changes.

Why do you need an emergency fund?

When broken washing machines, car breakdowns, and other big things happen, it is easy to turn to hire purchase and short-term loans to replace and repair what you need. But most of the time, this will cause further financial issues at a later date.

Emergency savings are a little nest egg that can help you to avoid needing to take out loans. One of the easiest ways to do this is to opt for an automated savings program.

With automated savings, an algorithm will automatically calculate how much you can save and put it aside for you—taking the work out of saving and overtime building an emergency fund.

Here are some apps that make saving automatic and easy:

● Digit
● Empower Finance
● Keep The Change
● Mint
● Qapital

Make sure that you read the T&Cs to find an automatic savings app that works for you.

Photo by Annie Spratt on Unsplash

Set rules

What should and what shouldn’t constitute an emergency when it comes to spending the fund? These guidelines can help stop you from dipping into the fund when you ‘want’ something, not ‘need’ something.

And, every time that you need to use some of it make sure that you keep saving and adding to it afterward.

Bonus cash

Any time you have extra, split it between your savings and your regular account. Getting into the habit of seeing extra cash as a nest egg rather than fun cash can make it easier to enjoy saving.

Debts and insurance

There are two things that, no matter what, need to be paid. Debts need to be paid down, and insurance needs to be paid up. Debts are often scary because they stack up quickly – often come with high repayments, and after a default or two, you might end up in a lot of trouble.


You need to have insurance that covers everything, from your home and content to family and auto. Your insurance is much like your emergency funds, it might seem like an expense, but it is one worth the time. Find a full-service insurance agency, so you get everything you want.


Often when people have debts rather than look at the total amount owed, it can be easier to hide and just pay small regular results. Look at where you owe money across the board, and make a note of the totals. Look at what you are paying off, how much of it is interest, and how much is paying down the initial debt. Often monthly payments are made up of more interest than paying it down.

Once you have your total, look at how much you are paying against the total, and then you will know how long it will take to pay off.

There are a lot of different debt reduction strategies that you can use, so it is important you find one that works for you and that is realistic. The snowball method is the one that most people have success with.

You can also get in contact with all of your creditors and renegotiate your payment terms. In many cases, they will be happy to reduce your monthly payments if you need to. It is also important to look at the options you have for paying off student loans.

Money Habits

Creating good money habits isn’t something that just happens. Unless your parents or guardians teach you good money habits – they can be hard to learn. Making a few financial mistakes is something that happens to many people, but it doesn’t have to be the whole story.

Create some healthy money habits that help you keep building on your success.


Before you apply for anything, ask yourself do you need the credit, or could you wait? Having a few small lines of credit (that are kept in good standing) can help you keep a good credit score.

Credit report

Your credit report will tell you your score, and it will also tell you where you can make some improvements. If there are any mistakes on it, you can have those rectified and clean up your score. Some credit score companies can also highlight how you can improve your score.

Ahead of trouble

If you run into trouble, like you need to have some time off work or your work situation changes, then it is in your best interest to get in touch directly with your creditors to freeze the payments. Missing a bill will give you double or more to pay and with fines and charges on top.

The call might feel overwhelming, but once it is done, you will feel better in the end.

Short vs. Long

Short-term loans and payday loans are designed to keep people in a spiral of taking and paying loans. Long-term loans are much nicer in terms of APR%, but they also tie you into long repayments.

Try where possible to avoid short-term loans and anything payday when you are trying to get your debt and money management under control.

Part of building good money habits is learning how to make your money go further. Making your money go further can help with your saving goals, increase your proactive approach, and more. Here are some extra tips for you: Tips To Make Your Money Go Further.

Once you have the basics and face your finances head-on, you might be surprised just how comfortable you get with your cash and just how quickly you see positive results.

How To Make Extra Money On The Side: 4 Crafty Ideas

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. A key financial intelligence is making more money. Doing so requires a level of creativity and flexibility. The following contributed post is entitled, How To Make Extra Money On The Side: 4 Crafty Ideas.

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Photo by Karolina Grabowska from Pexels

If you want to make some extra money on the side, there are a few easy ways to do it. From selling flowers to doing odd jobs, there are plenty of ways to make some extra cash. So how do you go about finding these opportunities? Here are four tips that will help you get started:

Find a hobby you enjoy and sell it

Many people start their businesses by selling their hobby. If you’re passionate about something, you can likely find a market for your product or service. This is especially true if your hobby has a lot of potential customers who are interested in what you do. For example, you can sell flowers, jewellery, clothes, and more on eBay.

Start a blog and sell advertising space

One of the best ways to make extra money on the side is to start a blog and sell advertising space. When you have a blog, you can reach a much wider audience than if you were just selling ads. You can also use your blog as an opportunity to share your latest project or giveaway. This way, you’ll be promoting your business in a way that’s most likely to bring in visits from potential customers.

You can also sell advertising space on your blog. This will allow you to target specific keywords and see how well you’re doing with those keywords. If you believe that your blog is worth taking on some additional advertising, consider doing so.

Sell handmade items online

One of the best ways to make extra money on the side is to sell handmade items online. Not only do you get to sell your work of art directly to customers, but you also get a commission on every sale. This is a great way to make extra money while still maintaining your creative control. Some ideas for handmade items to sell are paintings, which just require a blank canvas or A4 page plus paints, or you could make personalized buttons, which does require specific materials – but once you find a button template and have what you need, are surprisingly easy to make.

Offer services such as home cleaning or dog walking

This is a great way to make extra money on the side. You can offer your services to people who need help, such as cleaning or dog walking. This can be a great way to build relationships and get to know people. Additionally, it’s a great way to learn about different cultures and what they need or want.

Sell things you don’t need

If your house is cluttered with hoards of items that contribute to the mess and that you don’t need, you can solve this problem and make money by selling these items. They could be books that you’ve already read or aren’t interested in ever reading, or old furniture, or DVDs and videotapes. You can sell these online through eBay, Facebook Marketplace, or other popular online sales sites.

Invest in stocks

One of the best ways to make money on the side is to invest in stocks. When you buy stocks, you’re buying shares of a company that will be affected by the success or failure of that company. This means that you have a piece of the company and can benefit from any changes within it. Additionally, stocks are often more volatile than other investments, which means you can make more money per dollar invested.

Is A Side Hustle Right For Your Hobby?

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Many of us have hobbies which we’re good at. The thought may cross your mind at some point though if that hobby can be turned into a side hustle. The following contributed post is entitled, Is A Side Hustle Right For Your Hobby?

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Side hustles are nothing new, people have always looked to earn extra money, even from a young age. You clean your parent’s car for pocket money, shovel snow from neighbours yards for money and look to complete menial tasks in return for a monetary reward. This mindset follows us up to adulthood and people are always searching for new and exciting ways to increase their revenue. From making and selling their own products, offering their time and expertise to simply taking part in a multi-level marketing programme.

Over the course of the pandemic, a lot of people found themselves losing their jobs or having their hours reduced. This in turn meant they didn’t have a lot of income and were starting to fall behind on their payments. We saw a rise of side hustles and small businesses arose over the pandemic which some people carried on, some people gave them up and went back to work and some people who were lucky and got huge success from it ended up turning it into their main source of income. It doesn’t have to be a service based company, if you are a fashionista, you could look to get one of the commercial embroidery machines so you can design and customise your own clothes to sell.

Many small and independent enterprises seek the services of a virtual assistant. It assists them in delegating work so they may focus on the broader picture. Basic administrative activities, such as dealing with various paperwork, making phone calls, responding to emails, and anything else that an assistant may perform are typical. Distinct firms have different jobs that need to be completed, so it’s a good idea to outline them at the start. If you have the time, you could take on a few clients and earn a decent living.

Social media managers are one of the latest and most fashionable careers available right now. Your job entails managing social media accounts, engaging with others, and assisting with the growth of the accounts. It may appear simple, but there’s a lot more to it than just publishing on it once in a while. There’s a lot of planning involved, as well as hashtag research, editing, copywriting, and research. There are a plethora of free online courses available that will teach you the fundamentals of social media management so that you may study and expand your expertise in that area. There are also a variety of tools available, such as planners and graphics apps, to assist you in performing the position more effectively.

Childcare isn’t just for teenagers anymore. When it comes to child daycare, there are many various roles you can play. Babysitting is on the simpler end of the spectrum. Because babysitters are not required to have professional qualifications, this could be something you start doing on the side. There are numerous childcare organisations that match clients with babysitters. Childcare can entail caring for extremely young children for the entire day, but you could also provide wraparound support for students if you may not want to work as many hours.

Tutoring is another fantastic activity you can do in your free time. Depending on the circumstances and subject, this can be extremely profitable. If you are extremely gifted in mathematics or Languages, you can teach students in order to assist them in passing their examinations. You can even do it as a video conference from the convenience of your own house, eliminating the need for commuting or travelling. Positions like these spread through hearsay, so if you assist a child to learn and flourish in an area where they formerly faltered, parents will refer you to others who can help them.

Side hustles can develop in value based on how skilled you are at what you do, and some individuals make enough money from it to make it their sole form of revenue. One of the benefits of earning money digitally is that you may work just about anywhere in the world as long as you have a computer and access to the internet. You may travel abroad and work while relaxing on a beach. As you develop and get faster at what you do, it will take less time for you to accomplish projects, allowing you to earn more money while working less. It very much depends on you as to how far you take your side hustle. You may want it to grow to eventually take over your normal job or you could also just want to do a few things a month for a bit of extra cash.

The Importance of Financial Literacy and How It Affects Your Life

A key focus of my blog is Financial Literacy/Money. Many people don’t respect it’s importance, but Financial Literacy can be the difference between a good quality of life, or a life of struggle. The following guest post is entitled, The Importance of Financial Literacy and How It Affects Your Life.

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It’s not easy to learn how to manage your money properly. However, if you want to become wealthy in the future, you need to know the importance of financial management and begin integrating techniques into your daily lifestyle.

There’s a huge difference between earning a huge amount and being rich. Some people may make a decent amount of money every month but not manage their earnings very well. As a result, they tend to spend their money on wasteful expenses or useless purposes. They develop a habit of earning and letting the money go without saving or investing some of it.

Meanwhile, wealthy people often have peace of mind knowing they can live comfortably. They can finance their expenses for the following months, and they have a stable income to rely on. Often, these are the people with multiple investments and savings in the bank.

Learning financial management involves developing practices and habits that will help you accumulate security and wealth in the long run. Integrating financial management also considers your personal goals, needs, and risks as you focus on making wise financial decisions. The practice also encourages you to look back on your old habits that may block your success. Further, it can also involve a humble awareness about specific elements that you can no longer control, such as taxes, inflation, market volatility, and debt.

Basic Financial Literacy

Not understanding the principles of using money can lead to several issues. For instance, if you don’t know the relationship between credit and interest, you might end up swiping your credit card for a small amount that may cost you 20% more of the total amount. The truth is that many people are paying a specific thing repeatedly, basically wasting their money.

When this happens, you could end up with a poor credit score. Credit scoring solutions can identify individuals with poor financial management practices, which could be why you will not get approved for house or car loans in the future.

Without the proper knowledge and understanding about financial matters, you will most likely end up like most people-paying high fees, uncertain about where they have spent their money, and paying debts for so many years.

Here are some financial management tips to get you started.

1. Track Your Money

Many young individuals are not even aware of where they have spent their money. If this is the case, there is certainly room for improvement to eliminate the bad habits.

Financial management always begins with spending awareness. List down your monthly expenses or use a management app to track where your money goes. Doing so will help you identify if you are spending too much on unimportant things. Once you’re aware of your spending habits, you can make a plan to improve.

2. Create a Budget

Compute your estimated income and how much you spend every month to create a realistic budget. You don’t have to implement drastic changes right away; you will only deprive yourself of what you usually enjoy, like eating out or shopping for clothes.

Instead, create a budget that aligns with your lifestyle. Over time, you will embrace the small changes that will enable you to develop healthy spending habits.

3. Save

Saving is an essential factor in proper financial management. It gives you financial security and protects you from uncertainties that may cost you money. Save as much as you can, do it little by little until you can finally put more money into your savings account.

4. Pay Your Bills

Your bills should always be on top of your budget. Always prioritize your payment for electricity, credit cards, rent, and other vital expenses to ensure that you allot money for them before anything else. In addition, ensure to pay your bills on time as that may also affect your credit score.

5. Check Your Subscriptions

Many of us tend to subscribe to platforms and automate payments through credit cards. However, it would be wiser to check if you are actually using these subscriptions. Otherwise, you’re wasting money. Review your credit card bills regularly and see if there are some subscriptions you no longer need.

6. Learn to Invest

Like saving, investing is another crucial part of financial management. Learning how to invest your money where it will grow ensures that your money is working for you, giving you more income and higher savings in the long run. Investing is also a great way to ensure that you have funds when you retire.

Knowing how to manage your money is an opportunity to obtain financial freedom. Through your financial skills, you can manage your money well without sacrificing the lifestyle you want while you save, invest, manage your cash flow and secure a bright future for yourself and your family.