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5 Lucrative Side Hustles You Can Start Today

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StrategyDriven Entrepreneurship Article | 5 Lucrative Side Hustles You Can Start Today

Who couldn’t do with making a little bit of extra money? Times are tight for everyone right now, and it’s understandable you may be looking for a side hustle to fit around your full time career. There are countless people that have found highly lucrative ways to earn some passive income on the side, using their free time to start businesses, sell goods, or work second jobs.

Whatever your current situation may be, there are ways you can boost your bank balance and make the cost of living crisis a little bit easier for you and your family.

Here are five lucrative side hustles you can start right away.

Create products

If you have a creative eye, there is no reason you can’t put your skills to good use in making a bit of money. Plenty of people make significant earnings by creating products and selling them through online marketplaces like Etsy. If you know how to make jewelry or household ornaments, the markup on these items can be enormous. Alternatively, if your skills are more practical, such as carpentry, you could help homeowners by creating furniture or other essentials.

Become a delivery driver

Delivering takeout food is easy work, and the great thing is, anyone can do it. Some companies will provide a vehicle, while others may require you to have your own. But either way, it is easy enough to earn money from driving around in the evenings to hand people delicious pizzas and Chinese food. Not to mention the huge amount you can make in tips, especially around Christmas.


Register as a notary public

Becoming a notary public may not be something you’ve ever considered, but it can be an incredibly rewarding way to earn a passive income. A notary public serves as a witness to the signing of official documents and records. Your main responsibilities are to be present for the signatures and ensure each party knows exactly what they are signing. Notary publics are often called in for the signing of marriage records, birth certificates, death certificates, and real estate contracts. You can pick and choose your hours around your current schedule, and you’ll have a whole load of notary supplies with you to command respect and authority.

Sell a service

Do you have a particular skill you are good at? Maybe you’re handy with a set of tools, or you’re a keen gardener. Or perhaps you are knowledgeable about hairdressing or looking after animals. Whatever your particular talent, maybe you can find a way to sell your service to people within your community. Put up ads in public spaces and post on local Facebook groups to attract interest. Let people know the services you are offering as well as your rates and soon the requests will come flooding in.

Blogging

Making money through blogging is a bit of a long game, but it can really pay off if you’re a skilled writer. If there is a topic you are knowledgeable and passionate about, why not create a website and start blogging right away? Your blog could be on any topic of your choice, from travel to beauty to sports. Once you gain enough popularity, you can start earning money through advertising, sponsorship, and paid promotional opportunities.

Increasing Our Wealth For The Future: What You Might Want To Try

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StrategyDriven Practices for Professionals Article |Increase Your Wealth|Increasing Our Wealth For The Future: What You Might Want To TryMany of us have full time jobs, or a job that we do that happens to fund our main income each month. It may be something you love and cherish, or it may be something that you just fell into because you weren’t sure what direction to take with your career. However, many of us can agree that often we want more for our future, and there are thankfully things that you can do, either alongside your current job or as a change of career entirely.

The hardest part is finding the time, and some of us will openly admit it that they won’t feel like there is enough time. But there are big things you can do, and also small things that don’t take that much time that can help you to increase your wealth. With that in mind, here are some of them are.

Constructively look at your outgoings

One of the first things that you may want to think about would be to constructively look at your outgoings and see if there are any changes that can be made. The money we spend each week and month can often be a big indicator as to where we can make savings. Some people will still have outgoings that they thought were cancelled. Others will be paying too much for things like energy and insurance, where changing providers could give you an instant saving and boost your disposable;e income. Take some time to do this and really understand where your money goes.

Developing our career

Another great thing that you could do would be to look at your current career. Not everyone has a job they love, but for some people, they are fortunate to enjoy the career that they have and have a passion for it. This is when developing your current career could be a great way to increase your wealth for the future. Maybe it involves learning and getting more qualifications to move up the ladder. It could be that showing initiative means you get more responsibility and alongside that are able to enjoy a big pay rise. The more you climb, the higher pay you can earn.

Buying and developing property

There are some great options to consider when it comes to making More money, and property is one of the ways you can do it. Many of us focus on our own property, and that can be a great for the future. You can earn from your property as you live in it or own it for longer, and this can be great in terms of increasing your value. But, you could also do this with intention. Such as buying and selling for a profit, making improvements to earn big money. Our it could mean buying more than one and having a property portfolio that you then earn from monthly as well as long term.

Investing in something physical

Maybe you want to invest some of your savings into something more physical. This could be jewellery or art and often this holds a value but it can also increase in value in the future. It might be because of what you have invested in, that all of a sudden interest in that item or even the person such as the artist could then increase the value of it.

Investing in stock, shares and long term investments

Maybe you like the idea of long term investments which includes things like stocks and shares and even fixed terms savings and hedge funds. This is when things like algo trading can really help you stay on track with your investments, or certainly make the right level of choices when it comes to what you do invest in.

Turn a hobby into a job

Many people have decided to turn a hobby into a job, especially with things like blogging, writing, or using a skill that you have developed over time. Often this hobbies have been nurtured and your passions and love has been poured into them, so turning them into a job and business often feels like a natural step to take. It can feel like a lot to do at first, but it could certainly enable you to be in a position to earn more money for the future. You may want to think long and hard about how you do this, so enlisting the help of affordable seo services could help you to enable a blog or website you have to get a better reach and in turn reach more potential customers and clients.

Declutter your home

Many of us will have things in our home that we no longer want, need or have any use for, and yet they are stored in lofts, attic spaces, drawers and cupboards. Never to see the light of day. You could be making money from these unwanted things. This is when platforms like eBay prove very useful and can enable you to not only increase your income in the short term, but also help you to build up savings for the future.

Change your habits in your home

Often the future starts with actions that you take today, and habits that you have in your home could be costing you a small fortune. The way you use your energy for example, can be quite costly. Leaving things on charge and also not switching things off can be using more energy than you think is possible. Meal planning can also save you money on your food shopping bill each week.

Use your spare time wisely with side hustles

Finally, you can use your spare time wisely and invest into side hustles that can be completed even when you are relaxing, watching tv, or spending time with loved ones. This is when performing online surveys for a fee and mystery shopping are just some of the side hustles you could consider. There are many more advertised online.

Let’s hope that this has inspired you to consider some options for your future.

How to Boost Your Personal Finances

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StrategyDriven Managing Your Finances Article |Personal Finances|How to Boost Your Personal FinancesThere are many things in life that rely heavily on your personal finances. The nature of your accommodation is determined by your income, while your ability to get loans and credit opportunities is hampered by a poor credit rating. In short, your personal finances, if healthy, can promote your overall wellbeing – and if poorly managed, your personal finances can cause you a great deal of discomfort. This article is all about making your bank balances and financial health that bit better, helping you achieve more in your day to day life.

Budgeting

It goes without saying that you should be careful, if you wish to be responsible with your cash, to spend within your means. The best way to ensure you’re doing this responsibly is to draw up a budget which allows you to keep track of your monthly, weekly and even daily spending.

This used to be a drag – involving the laborious filling in of spreadsheets on your computer – but nowadays it’s a simple task of downloading one of the world’s leading budgeting apps and allowing your spending data to fill in from your banks automatically. Some of the new, digital-era banks also provide this service, breaking down your spending to show you which spending habits are costing you cash.

Understand Your Options

Now, it’s never worth getting a loan unless you actually need one. Of course, a loan can help you get a business off the ground, or can help you meet your bills if you have a particularly costly month that means you’re out of cash before your wage comes through. But they’re something you should be careful not to over-indulge in, as debt can completely scupper your great plans when it comes to your personal finances.

All that said, there are some terrific short-term loan options to keep you out of trouble when it suits you most – like when the landlord’s knocking and asking for your rent. Check out providers like MaxLend, who can provide modest but much-needed same-day loans to keep you ticking over when you feel most concerned that you’re not quite going to keep your financial boat above water for the month. Just make sure that you’re able to keep up with your loan repayments before borrowing any funds.

Income Streams

Most people rely on a job to make their money, while others have two and sometimes even three jobs. This is usually enough – just – to keep you in decent financial health. But to boost that health, you should consider some different methods that might make you money.

The options available here will likely reflect your experience, skillset and expertise. For instance, a bid writer at a construction firm might well be able to write freelance for extra cash. A graphic designer can do personal project work on the side, selling designs on the internet, while others can make handicrafts and sell them on their own personal website. Some individuals even choose to start a small e-Commerce business online, letting it tick over while they’re at work to the point at which their personal finances are much improved.

These three tips are perhaps the most crucial to help you make the most of your personal financial situation as you move through life.