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Thursday, 1 May 2014

Need to Make Money - 26 Money Making Ideas to Generate $10,000 Per Year


If you need to make money be sure to read this definitive guide. Families and individuals who live on a low income should always look for ways to supplement their income. All too often low income families apply for loans and credit cards to make ends meet. If you are committed then there are many ways to make money online and offline. Whenever I need to make money now I use some of the money making ideas outlined below.

You don’t need money to make money and you can certainly trade your time for recurring passive income. This is where you invest your time and effort into creating assets which pay a recurring income. When you have enough assets you can supplement your income considerably. Below are some of the strategies I use when I need to make money ASAP.

Most of the suggestions are ideas to make money from home. The 26 sites listed below could earn you up to $10,000 per year depending on how much time you invest. These legitimate and unusual ways to make money have helped to boost my income so if I can do it anyone else can do it too. So without further ado here are 10 ways to make money so you can supplement your income. Also be sure to check out the following posts which give ideas on how to make money quickly and legally.
 
 
 

1: Write for Revenue Sharing Website

Whenever I need to make money online I turn to revenue sharing websites. Anyone who is passionate about a subject can write online and generate at least $100 per month, this is very useful if you need to make money quickly. Imagine what you could do with an extra $100 being deposited into your bank account on a monthly basis. Most of the money I need now comes from writing online and generating passive income. You can write and make money from home or wherever you want, making a living writing will eventually lead to financial independence as well as location independence.

The key to writing content for passive income is quality. The greater the quality and depth of your article the more traffic it will generate. You can monetize your content with affiliate links or you could use search engine advertising such as Google Adsense, Yahoo! Ads and Bing Ads. You don’t have to stop at $100 and the more content you write the more money you can generate.

1: Squidoo - Get paid by monetizing content using Amazon Associates and Google Adsense. You can write about anything you're passionate about and use creative tools to make the content engaging.

2: Xomba - Another site which uses Google Adsense to monetize content. Using Xomba you can write about anything you want. Xomba has a 60:40 split when it comes to revenue share. Xomba is very popular as it has a very high earning potential due to the high click through rate on the site.

3: Infobarrel - Offers revenue share of up to 90% depending on how active you are. You can also enter competitions to receive $100 Amazon Vouchers every month.

4: Seekyt - Shares 70% of the revenue generated. You can earn up to 99% of the revenue by writing quality in depth article which receive likes and comments.


2: Make Money Now From Savings

When I need to make money online I look for online savings account which offer high returns. Savings rates have been poor since the credit crisis of 2008. Cash is losing value due to inflation and the low returns that banks are offering. The days of making quick money using bank account interest are long gone. Instead of investing all of your hard earned savings in bank accounts where inflation erodes any interest return you might want to consider peer to peer lending. If you need to make money and are sick and tired of low rates check out peer to peer lending.. P2P lending involves lending money to other people who have good credit. You can expect to make anything between 4% and 12% using P2P lending. 

Current I have invested my money in Funding Circle which earns 5.8% and Trust Buddy which earns 12%. The key to lending money according to the blog Daily Finance is risk management. Always understand the business you are aiding and make sure they have gone through a comprehensive credit check to determine their creditworthiness. All of my money is invested in A-Credit Rated business and individuals. Here is a list of all the P2P lending companies you can invest your money with.

5: Funding Circle - Look for A Rated businesses to lend to where loans have director security and asset security.

6: Trust Buddy - Earn up to 12% lending money for short periods of time. Diversify your portfolio by getting access to most of the countries in Europe and North America.

7: Lending Club - Lend to people with high credit scores 

8: Prosper - Lend to people and receive anything between 5% and 10 % depending on how much risk you are prepared to take.

9: Ratesetter - Receive a fixed amount every month for a period of 1, 2 and 5 years. Ratesetter has a provision fund which is generated using the profits the company makes. The provision fund is used to repay any outstanding loans.
 


3: Make Money by Selling Insurance on Stocks

Another way I supplement my income is by selling insurance or put insurance on large blue chip companies on the New York stock exchange. I find all the support and resistance areas and sell at those strike prices. The scope of this method is beyond this article but most of what I learnt when I need to make money from the stock market are listed on the blogs below. I use OptionsXpress.com to place all my trades. Whenever I need a hobby that makes money I trade options conservatively on the stock market.

10: Fully Informed - Learn how to sell options and make anything between $100 and $10,000 per month

11: OptionsXPress - Buy and sell put options and call options

4: I Need To Make Money ASAP

Another way of making money from home is by trying new products from businesses. When I need to make money ASAP without going into my savings account I do the following to generate income quickly. Using these ways to make cash in a day I can generate anything between $100 and $200. You get paid after you reach a certain threshold but you start to generate money immediately.

Try Products Which Pay Cash


13: Get Compensated for Tasks at InboxDollars.com - Sign Up NOW and get $5 for Free




Cash Back Sites

17: Swagbucks - Receive Cash Back for Spending

18: MyPoints - Receive Cash Back for Spending on Daily Household Items

19: Ebates - Shop Online and Receive Cash Back

Stoozing with Credit Cards

20: Citi Simplicity Card 0% for 24 Months - Transfer to high profit bank account



5: I Need to Make Money from Home

If you want creative ideas to make money from home then there are lots of things that you can try. When I need to make money right now I try some of these money making ideas in addition to the ones listed above. You can make anything between $100 and $500 depending on how much time and effort you put in.

23: Return Recent Purchases – If you’ve bought any items recently then try returning them before 28 days. The reason why you need money immediately is because of overspending so returning some of the impulse purchases will help you make ends meet.

24: Sell Old Purchases – If you have older impulse purchases then try selling these items on places like eBay and Gumtree.com. Most of these sites have free listing days so use them to get rid of all the useless clutter in your home so you can raise your bank account balance.

25: Mow Your Neighbours Lawn – If you have elderly or disabled neighbours offer them services such as mowing lawn, cleaning, or decorating. Agree on a price and try to negotiate a contract where you get paid monthly for a recurring service rather than a one off payment.

26: Babysitting & House Sitting – Try babysitting, pet sitting or even house sitting for parents, pet owners and holiday goers. You can earn anything between $15 and £50 per hour and even more for house sitting which means relocating for a period of time.

Need to Make Money Now

Anyone who puts their mind to it can make money fast and earn money from home. If making money at home sounds appealing give some of the ideas listed above a try and see how much you can make. The more experienced and confident you become the more money you will be able to generate. There is no reason why you cant eventually earn $10,000 per month using some of the ideas listed above. The money making ideas listed above are all legitimate and unusual ways of making money. Depending on the option you choose you could start to make money ASAP or build a passive income stream which keeps on growing as you put more effort in.
 

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8 comments :

  1. Nice information!!! I worked as a pharmacy technician for seven years but know deciding to re-invent myself. I wanted to made career in online earnings. My cousin, David earned his income from online working. I inquire from his and he recommended me www.snagthecash.com to start over. Please give your reviews if its a good platform to work on.. If you know any other good platform suggest me please... Thanks..

    ReplyDelete
  2. Bismillah Rahmaanir-Raheem


    Assallamu aleikum
    My respected brothers and sisters. Am writing to you with a heavy heart and with tears gushing from my eyes due to the sadness i carry with me always, may His mercy and blessing be on you, seeking a favor from you.am complaining to you for what has happened to me seeking a solution firstly from Allah and then from you for matters which are too heavy for me, am helpless in combating the problems and for that I have resorted to seeking help from Allah first and from you.
    My life is filled with sad times but i hope with Allah's blessing and your support i will be able to put a smile on my face once again. My troubles started when i lost my father,since then life turned up side down in terms of financial support, to make matters worse i lost my father when i was in India doing my studies.Now am stranded in India because i do not have any support from anyone,my mother was a wife and she is suffering from multiple sickness of which she is bed ridden.Am so helpless that i depend on my few friends for housing and feeding but my only hope of helping my mother is when i finish my MBA degree but i have no support to finish my studies or to go back home,since i do not have money.
    In Allah's name the Almighty,The most powerful,The creator,The most compassionate i humbly ask you to help me finish my studies,so that i can help my mother.I know you might ask what about your other family members ,my dear brothers and sisters am all alone no one is willing to help me,am so sick of my condition that i do not have even food to eat now.I swear in Allah's about my situation.
    Hopefully if i finish my studies i can work for you,Am in Os-mania university Hyderabad India,i will fully send all my details if you need them.Am a Uganda by nationality and my name is kayondo swaliki.My condition is too sad,I hope and hope Allah will always be with you.
    May Allah's blessings and peace be upon our beloved prophet(SWA) ,his family and to all is entire UMMAh. Am.Am so humbled and happy to be your brother.Hope to hear from you soon. I need $ 2000 dollars for my college fees and my mothers treatment.

    ReplyDelete
  3. Hello my name is Celeste Earl: I live in a small city in Edgecombe county, In North Carolina.

    On December 23rd 2014 my husband and, I purchased our dream home, this is a good and wonderful thing, but there are pros and cons to the situation.

    #1 We don't have a 15-30 year mortgage.
    #2We actually own our home.

    The con is, upon purchasing the home we almost exhausted our life long savings and now we are in need of new furniture.

    A lot of the furniture we had prior to the home purchase was so old and ragged we had to discard of it.

    We are asking you for assistance in this matter, We are asking for 5,000.00 for a new,

    Living room set, a dinning room set and two bedroom sets.

    We will also accept furniture donations.

    I can be reached by phone at 252-314-7359

    Thank You.

    Celeste Earl

    ReplyDelete

  4. I present my project a board game invent am the inventor and developer of the game I look for donors to produce it and put it on the market'm campaigning through this platform http://www.gofundme.com/seguabundancia fundraising for my account Please click on the image or the link between the page and see my project http://goo.gl/XlbWC1

    ReplyDelete
  5. I'm not going to lie, I work so hard at my job but I make very little after what bills I can pay every month. I'm divorced and my money goes to child support. I have two beautiful children that I would love to take on a vacation something that they'll never forget, the only problem is I cannot afford to do so and it breaks my heart when they see others going to places they can't. Please can someone help me give my kids the dream of a real vacation. txcwby14@gmail.com anything will be a blessing for me

    ReplyDelete
  6. hello, im from istanbul and i need some money for education, i have an brilliant idea which can bring millions and new working places for a million of new people, to share that idea i need 5.000 dollars to make it presented in here where i dream to start with it in İstanbul, İm from Bosnia and Herzegovina the land of Blood and Honey as Angelina Jolie expressed in her film, here i need to tell openly i tried to give this idea to her but i couldnt contact her, there is no her real email adress on the internet!? My idea will start with TV-Show daily show named : ''İts boring'' where every day we will have different people, famous, children old and youg, with representing their creative ideas again in moments when they are bored in life!!!!!!!!!!

    ReplyDelete
  7. October 9, 2015

    Dear Millionaire
    I guess I reach what most people call “hitting rock bottom”, when it rains, it pours!!!
    I lost my job, have student loans to paid back, mortgage, car payment, all my savings are gone.
    I’m just need a break on life.
    I’ll be 47 tomorrow and really going crazy with all this on my shoulders, cannot sleep at night as no matter how many job applications I have fill out, nothing it seen to come into place on my favor, I guess it is lots of competition out there!
    I have never imagined to be in this position, as I always am so independent and never ask for help to anybody.
    I hope you find some place on your heart to understand how I feel, and reach out to me,
    I am just out of options and really scared to lose everything I own.
    Please reach out with any questions.
    Thank you for reading my letter and I hope anybody can help.
    Best

    Milka Fernandes
    fernandes.milka@gmail.com

    ReplyDelete
  8. Dear

    My name is Fouzia Bannu Khan ,am 24 year old female from India,am a single mother.I am writing to ask for financial assistance. My ten -year-old son , Ashu, was diagnosed with a kidney condition.Am a single mother i lost my Husband a year ago,I have no job, We stay in a one small on rent of $ 20 dollars per month, Before my husband died we had a little savings that is what we have been depending on,now is finished.Due to this i can not afford to give treatment to my son but only to see him die. I wish i could have the courage to write down all my sad life to you,its so worst than i can write to you. Despite all of these problems , Ashu still manages to carry a positive attitude and make every attempt to make others laugh. He loves playing soccer and basketball.
    I am attempting to raise funds for Ashu'a treament. The funds received will go on his treatment,it cost us $ 4000 dollars
    I am requesting any assistance that you may be capable of giving, whether it is monetary support, publicity surrounding his condition, or a donation. I understand that you may receive many letters, like this one, requesting for financial support, and I honestly understand if you are not able to assist at this point in time.
    Thank you so much for time and consideration, asha.khan300@gmail.com

    ReplyDelete

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