How to Earn More Money

Cutting back on your budget, spending less, eliminating the luxuries of life may not be enough to help you get out of debt and build wealth.  Maybe you need to earn more money.

In the articles related to this section, we’ll talk about ways you can earn more money at your current job AND ways you can earn extra money on the side.  I’ll try to avoid such mundane ideas as “get a part time job” unless I think the “part time job” will accomplish something positive for you.

A second job will only end up wearing you down!

Over the years, I have witnessed many people (including myself) who have taken on a second job to earn more money only to find that the second job only ends up wearing them down and detracting from their ability to perform at peak levels on their main job.  Many companies have strict rules against “moonlighting” too. 

It’s not that they don’t want you to earn extra money in most cases – it’s usually because they understand that in order to perform at high levels, you need to stay focused on your main job without the mental strained and physical exertion that a second job may require of you.

I prefer bursts of activity with bursts of income

My vision of an ideal “other” source of income is one that involves a very short, well defined goal and outcome.  I prefer “bursts” of activity with “bursts” of income to slow, paid by the hour / minimum wage type second sources of income.  And as you read the accompanying articles, you’ll begin to understand what I’m talking about.

I believe you can do anything for short periods of time as long as you have enough motivation and a defined benefit in mind.  For example, if a close relative suddenly developed a health condition that required an experimental procedure, and YOU were required to come up with the money up front to pay for the procedure – you would find a way to do that.  

You’d approach anyone and everyone!

Need $20,000 in 3 months for the operation?  You’d find a way to earn that extra money.  You’d work double shifts, even triple shifts if they were available to you.  If they weren’t, you’d go outside your company and find other hours to work.  If you happen to work in an industry that pays for performance – you’d up your game to reach the top incentives.  You’d make extra calls and wouldn’t be afraid to approach anyone and everyone who could reward your efforts.

Could you keep up this frantic pace over the long term?  Probably not.  But you could do it over the short term – if you were properly motivated to do so.  As you read the ideas here, think about how you could accomplish a specific short term goal with the extra income you receive. 

You cannot simply think, “I want to earn a little extra money”.  That will NOT motivate you towards a maximum “burst” of income.  Instead, find a specific goal – or target – that you want to accomplish or hit.  Then find a revenue-producing idea that will get you there, and GO FOR IT – WITH ALL YOUR MIGHT AND FURY!