Ways to make easy money.

The fact is most people think big money short term instead of making lots of small amounts of money that lead up to something big long-term.

Blog Writing

Writing a blog for example is something most people will say isn’t worth the money but there are many people out there that say that its good money. Reality is writing about the right thing is the most important thing even over content. I have had over 40 blogs at one time and I will tell you that a good niche blog that I stopped writing on 2 years ago with around 600 articles earns more than a Philippines blog with 5,000 articles. Why? Its all about niche’s and who’s writing in them. The Philippines is saturated with people with too much time now. When I started writing it the fact was there wasn’t many blogs. Technology has moved on and with it access to writing for thousands of expats that previously wouldn’t have written.

Yet the site with 600 articles is still making money every day even though I have done nothing with it in a long-time. There is no secret its just identifying not only a good niche but one that has money. Expats generally don’t spend a lot or look to drift onto your adverts around your site. But get into property or something else with big expense on advertising your onto something that will generate regular money.

Affiliate Marketing

Something many people don’t understand or use but I find it actually generates some regular cash and once the initial work is done like the above blog it just keeps earning. Affiliate marketing is done by joining specific websites that work within Affiliate Marketing networks. They have advertisers wanting to sell products and you gear blog posts and articles towards directing traffic to them. Does it pay? Fact is many things you will struggle to find what to write about to make it interesting enough to pull the right clients. Yet at the same time how many do you need? I will give an example of a VPN. That’s a Virtual Private Network which people use to watch TV abroad as it gives you  a local IP address. So “local” TV in that country can be watched. The same network can also allow you to browse the internet completely unknown to your location. That software for every sign up makes 35 Euro’s on an on going basis. Yes if they renew you constantly keep getting paid.

Don’t expect instant success its not likely, where this work is blending in these types of articles in with other normal blog posts and articles. Google doesn’t like people cutting in on its advertising. Sorry, should I say you could get penalties from Google for excessive advertising (although Google doesn’t mind excessive advertising itself?). Reality is keeping everything in balance to maximise potential. At the same time its nice to get an email saying you just got paid.

YouTube

Now that YouTube is giving you a slice of their pie you can make money on there. Don’t expect to get rich but you can build a regular nest egg. I am currently looking at this as an option for myself. But the fact is YouTube finds people wasting millions of hours looking at random things, as well as being productive as well. Getting paid for things that others find useful or interesting can’t be bad. The main thing is getting used to be in front of the camera. You will constantly get critics at the beginning as the internet people love feeding negativity instead of saying “I think it would be better if you did XX”. At the same time I would say just practice and if its still of interest upload it.

Over time you will build an audience and with it comes money, I can see audio and video being the new “Blog” of the future. As internet speeds increase so does the amount of people watching videos. IF you get big enough though it may pay to move onto your own site and charge for subscriptions. The amount Google pay is minimal in comparison to the value that you can possibly provide.

Tutorials

Your very likely to have knowledge your not even aware of is valuable to others. Doing broken down video tutorials you could actually create an entire series of videos and articles on how to do something. Recommend creating snippets and YouTube videos as marketing materials. Contacting other people in the same field to get feedback and recommendations you can use for promotion. Put some time into it and you will find it will pay out on a regular basis.

NOT INTERNET RELATED

Ok I know someone’s going to complain too much stuff online as it doesn’t work for everyone! So will add a few that does work locally in the UK. But could be possible in other locations.

The White Van Man

There is always something needing moved, houses cleared or things delivered. A white van goes a long way to make some money as a side line as well as being extremely useful once you have one.

For example when I had a furniture company years ago another company called us up asking who did our deliveries. This resulted in a new business venture delivering other stores goods on a daily basis which generated as much as £3,000 per week. A packaging company in Dudley had a Friday delivery from Hartlebury near Worcester. So every Friday there was a morning run but for the company it wasn’t viable owning a vehicle for one delivery. As you can see you start to develop a few clients on a regular basis and suddenly you could be running a small business. In the same way you may only want something for the weekend and having Saturday runs for stores. Could even rent the Van out during the week (also did this for Newspaper deliveries).

Auctions and clearances

One persons junk is another persons treasure, something I have just started doing again since being back in the UK. A couple of items purchased on Sunday include a Crystal Decanter and glasses for £20.00 brand new and boxed. Retail value is £60 for the decanter and £30 for the glasses. Selling on for £60. That’s trebling my money for simply trading. A decorative limited edition ornament cost £120 but its book value is £700 we will be selling this shortly for a lower amount to flip the money and buy more goods.

Now you don’t need to get into antiques and collectables as you do need to know what your doing. I am just lucky that my brother and father know their Wade as well as other speciality manufacturers and collections.Checking porcelain with your teeth to check if a damaged unit has been repaired to checking it with a UV light for the same reason where the difference show up.

But I would also say don’t buy at the first auction you go to and if you do start bidding be realistic and don’t bid from excitement! Also research items ahead of auctions you can get most brochures online a few days before auction dates.

Where do you sell? Ebay is still a big one but its also something I don’t like using for its ties with Paypal and prices being pushed down. Recommend trying to build your own website and doing some “loss leaders” with Ebay to build interest and let people know you exist. Also engaging in forums for collectables and finding other people interested in the items your trading. Wouldn’t recommend a shop unless you’ve got great stock and an even better location.

The other side of auctions is things that are recovered by Police, bankrupt stock, repossessions, lost luggage. All of these can be profitable but you need time to learn the ropes. I know “Factory returns” for example are normally junk parcels from what I have experienced. Wholesalers generally offer a better deal.

Seeing a niche

There is always a niche somewhere and I will give you a couple of ideas that I have done in the past. Can be small to big earners depending on the size of the company and what people need. But all make money.

Junk food – The obsession in the UK is getting a bit out of control to be honest with the healthy eating so would check with your policies where you work. But a Tupperware box of chocs and crisps are easy daily money. Also could get to the point where people even just keep the box in their office and you pick it up at the end of the day. Easy money!

Construction site clothing – Socks get wet in the rain and I used to keep a box in the car and wasn’t long until people on site knew where to come by word of mouth. Regular money every time it rained. Jeans often ripped as we worked as carpenters building timber frame houses. Another easy sell at £5.00 a pair when I was purchasing them by weight at less than a £1 a pair. As getting the odd nail caught on your jeans could leave some major exposure.

Just a few ideas to get you thinking but all of the ideas above can and do work. The antiques we have sold previously for huge profits. E.g. a £30 teapot going for £400. Porcelain gold rimmed bowls £150 each for £2800 a pair. Clothing for construction sites I used to make an extra £250 a week every week doing back in the 90s. Its all about finding where there is a problem and fixing it. Problems are always profitable!

Saving money can build investments.

Many moons ago I realised that you can take a tiny investment and turn it into something huge. This started when I was still at school as even then I was looking for ways to make money and often found ways.

At that time though it was normally goal orientated and not financial gain. Began with realising I could skip lunch and walk to school instead of getting the bus. This allowed me to save some money that I used for buying things like computer magazines. This is back when Sinclair ruled the computer world and software loaded on audio tape.

Yet its the same foundations I use today but in a different way. The ability to move something that is a cost into something that can achieve goals or utilise for something else. The reason this is important is most people talk about “I need more money” when in reality they would actually have more if they managed their money better.

An example of this is monthly subscription mobiles were it seems the average is still around £30 a month for most people. But I find that I spend £10 a year on my bill. Am I doing something amazing or sophisticated? Answer is no, most of the time I get a company phone and generally my personal calls are done on Skype. I have learned over the years that you can move people away from traditional methods especially when time zones or work is an issue. E.g. doesn’t matter where I am when working but don’t want personal calls between 9am and 5pm unless urgent. At the same time I know that some people somewhere are on a different time zone and may want to call but now all email.

Its not being unreasonable as many companies don’t even allow you to have phones on site. Yet “on the clock” you shouldn’t be wasting your day dealing with personal matters. Its also more productive as people won’t call for something that isn’t important. The advantage overall though is you have more time, less expense and a lot more productive with less distractions.

But even if your a heavy phone user I recommend buying a phone and looking for better tariff’s. As the cost of the phone is always in the contract somewhere and owning it your not locked into a contract. But also your going to save money on your monthly costs.

The phone is just an example as there are so many things you can do to reduce your costs and in turn use the money your saving for better things.

Short term savings generate long-term investments for the future.

Kiva.org – Giving loans to help the poor or is it?

I have been investing money into Kiva.org while I was in the UK from money I was getting in my PayPal account from various things that I do and I wasn’t in a rush to receive the money. Kiva you can add money and lend to Entrepreneurs in developing parts of the world to help them get a lift up. You lend them money at 0% interest which I have no problem with as its pretty much as good as any UK bank will give me interest on savings. So all was fine until I noticed that there is some small print that I clicked on by accident that “Self-sustainability is critical to creating long-term solutions to poverty, and charging interest to entrepreneurs is necessary for microfinance institutions to achieve this. Our Field Partners are free to charge interest, but Kiva will not partner with an organization that charges exorbitant interest rates. We also require Field Partners to fully disclose their interest rates. You can find more information about the interest rates that Kiva’s field partners charge on our Field Partner pages: http://www.kiva.org/about/partners”.

So I started to look at “Kiva`s business partners” that I had loans out on and the rates they charge :-

Alalay sa Kaunlaran, Inc. (ASKI) average interest = 50%

Community Economic Ventures, Inc. (CEVI), part of VisionFund International = 34%

Negros Women for Tomorrow Foundation, Inc. (NWTF) = 34%

Ahon sa Hirap, Inc. (ASHI) = 47%

Paglaum Multi-Purpose Cooperative (PMPC) = 48%

The majority being above 40% interest wouldn’t you love that on your bank account? Also bearing in mind a lot of the loans are several months I think my longest is 14 months so it would see at least 40% interest on my money.

Why I am I complaining? Because its not “CHARITY” this is business and I am tired of people hiding under the umbrella of a charity organisation. This is 100% business these people are money lenders not some people with a divine purpose in life which is what they try to hide behind. Money lending is part of life here in the Philippines and a daily part of ours. The thing about financing in the Philippines is the general public those who are the ones who need access most pretty much cant borrow money from banks as they have nothing the banks need. So getting credit is expensive because you can only really get it from the money lenders or micro-finance organisations. What about collections would this justify the high interest? To be honest the Philippines operates in a more “village” type environment which basically means you don’t have to go far and no doubt the lending organisations on Kiva will have field agents who do the collecting or receiving. Either way they are making a lot of money off other peoples good gestures. It may sound a bit odd but even if you loaned out a small amount remember that Kiva.org have millions of pounds and dollars donated on there to these loans. The lending partners take none of the financial risk but all of the gain. All I can see is that we are being taken for a ride. Rural banks used to offer interest rates of upto 20% in the Philippines if you locked in your savings for 12 months you can see why now. I am still able to get around 10% savings on a rural account but currently our money is invested in other projects which are more viable and unlikely to disappear overnight like the Legacy collapse.

So what is my answer to helping others? I think personally there are only a couple of real options. The first is “do it yourself” and the other is something I am looking at with the Aquaponics as a “home kit”. Now me being me I would look to in the future that if you sponsored a kit for someone to start producing fish and plants that they would repay the money back to you over a period of time once they have learned how they can make money from it. That way you can either “donate” or get your money back its upto you. The reason I loaned out on Kiva in the first place was its people who are willing to help themselves and anything I do “real charity based” the backbone of the idea is that something comes out of it for everyone. Ideally you get your money back and the people who are doing whatever it is they are doing get a business they can develop. Taking it a stage further things like jewellery you could become a selling agent and even take a commission on at the same time helping others. But at that stage it would have been already a completed “starter cycle” and you would be dealing with each other as a business.

Its about time people started questioning where they send money to and what it really gets spent on. I know its common for “administration” and “processing fees” to swallow up the majority of money donated to so called charities who are in reality companies. My question to you would be if your making money off the back of poverty what interest is it to you on ending it? You would be putting yourself out of the gravy train that keeps you in a nice comfortable state of limbo or even making you rich.

Don’t get me wrong I do business ventures as well the difference between those though is they are purely business. The charity projects that I am currently doing with the Aquaponics are to help relatives increase incomes within the family that will be expanded out once I get to grips with it. The important point about this post though was to get across double check where your money is going!

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