Ways to Earn Extra Money

After reading my 1st post I believe that you've realized that actually money takes role in our life. And now I'm going to discuss about few ways to make extra money.

Okay, let's start to analize...

Suppose that you are going to find way to earn extra money. There's a lot of ways to earn extra money actually. You can work double job ( which will make you very tired ), selling insurance, join MLM, making investment in unit trusts or in stock market and so on.

• Selling insurance

I was an insurance agent when I was 23. I'm telling you that an insurance agents gets good commission based on policy, and it really makes me WHOOAAH ( excited ).

I remember once I went to a prospect house to explain the policy at 12 midnite just because he said that he will be home at that time. After explaining and giving him some ilustration, he agreed to buy a policy for me and ask me to come to his office on the next day. But unfortunately without my knowledge, my colleague "steal" my customer by giving him extra bonus which she gave from her own pocket. I was very angry. I'm the one who find and follow up, and just in last minute she stole it.

It's just one of my experience being an insurance agent. But I never denied that I do earn money, it's just to stressful to work in this kind of business.

I rate this job : Good money, Extra energy, Extra time, High stress

• Joining MLM

After stopped being an insurance agent, I worked as a teacher in small school, and the salary I got hardly met my living fees so I started to find another way to get extra cash. Then a best friend of mine ask me to join an MLM company ( A**** ). She told me that joining MLM is a very good opportunities, she showed me the success story of her upline. Well, then I joined her. She explain about pyramid scene and how did it work. When the 1st time I joined, I paid the membership which can be redeemed for it's products. Then I have to find 5 downlines ( means that 5 people buying membership from me ), then guide them to find 5 downlines each, and so on.

MLM is much difficult than just selling insurance. Besides selling membership ( in order to get downlines ), we have to sell it's products, and participating in seminars and workshops( your upline will push you to attend, in order to gain more knowledge )which cost much money, we also have to ensure that our downline is 'active' ( they found downlines which are active too)otherwise our income will stuck or stop. If that happened, we have to find another downline.

Joining MLM really cost me much. The money I've earned is much less than my cost to buy products, joining seminars / workshops, finding new prospects. I wonder how those CEO in this bussiness gains their money. In fact, MLM is hard if you only do it for part-time.

I rate this job : Less money ( you will spend more than you earn ), Extra energy,Extra time

• Buying unit trusts / invest in stock market

Investing in unit trusts or in stock market is good actually. But you must bear in mind that these are long term investment, and selling it before maturity date or when the price is down will cause you lost big sum of money. So if you decide to invest, make sure that you're using EXTRA MONEY ( Not for your life expenses or business money ).

Ok so those are some ways to get extra money which I've been through. You can analize and think which one is the best for you, or you might been doing another ways, it's your choice...

How does MONEY impact your life ?

First of all I'd like to ask you few questions, and you need to answer them from your bottom of your heart.

1. Are you happy with your life now ?
If YES, does "money" criteria makes your life happier ?( including receiving presents from your beloved ones, cause they need money to buy )
If NO, do you ever feel sad, down, unhappy, unsatisfied with 'money'?

2. Do you think that money can change someone's life ?

3. Do you believe that your dreams can be true ?

4. Do you trust yourself can be better than now ?

Question no.1 is very relative, it depends on someone satisfaction needs. Some people even they've had luxury condos, fancy cars, happy blissful family, they still saying that they're not happy with their life. But I'm sure that one of their happiness comes from money, just that they never feel enough with it. Some people, they don't have much valuable things with them, but they feel their life are very happy, and of course if they could have more money to make their live better, I'm sure that they will be happier.

Why I'm saying like this ?

Well, even you like it or not, nor you admit or not, MONEY do hold important role in our life.

I know, you might say : " Money isn't that important to me" or you can say " I believe that there are more aspects more important than money ". Yeah, you're right. Money isn't the most important thing in our life.

But let's imagine this... ( of course I wish that these never happens to you or your loved ones, but just try to imagine how do you feel or what you gonna do if you had these situations? )

• Your parents/ spouse / family / your close friends suddenly had terminal illness...

I know that it hurts much when seeing one of your beloved one laying in bed, suffering...Will you feel pain or wish that you could replace them so they'll not suffering anymore ? I believe that you will do ALL to make them recover. Go to the best doctor, alternative treatment, and you really want to give the best for them, right ?

But how if in this condition, you don't have enough money ?

What will you do? borrowing money, selling your assets, claiming insurance, or what ? Borrowing money to family members, relatives or friends will only work for short time, cause sooner or later, they will refuse to lend you money. The reason is they have their own families and own expenses too. Borrowing from bank or loan shark will lead you to huge debt. Selling assests ? It's good if you have more assets to sell, but how long can it last ? Claiming insurance is also will only settle problems at the beginning, cause as we know, terminal illness needs long time and lots of treatment and medication to recover. So, do you think if in that time you have extra income it will help you a lot ?

• 
  
  You are the money earner in your family. But nowadays economics aren't very good and a lot of companies are stretching their cost by setting employees. What if you're the one of it ?

There are lots of uncertain things in life. Job with good salary...can be gone anytime, cause no matter how good your position is, you're still working with your boss. Your boss can't help you if your company really want to set you off, even if you have many years experience, or undergraduate degree from overseas. Finding new job is not as easy, especially if you're not young anymore. Mostly companies are hiring young employees, even if you finally got one, you will be very lucky if you get same salary as before. What if you're not only depending on your salary? Having stable extra income won't make you worry of losing your job.

• 
  
  Your children is about going to university, and of course as parents you want to give the best education for them. Do you have enough money to let them study in best university ?

Pursuing study in university will cost a lot of money, and of course, if you don't have any savings for them, it will be hard for you to send them to university. Seeing your children feel so happy in their graduation day, and they're exciting when they discussed about their university to be. Can you bear to say that you can't afford them studying in university ?

Have you ever heard about family members fighting for money ?or do you ever want to buy something for you parents, spouse, children, but you don't have enough money ? How sad seeing your 5 year old son dissapoint when you said you couldn't afford the toy he wants ? Or how sad seeing your wife keeps admiring diamond rings in the jewels shop but you just couldn't afford it ?

Those are just very few examples that we really need money in our life. If you live in 50 or 60 years ago, maybe you won't need much money because life at those time are really different from now.