Proven Ways to Earn Extra Income in Tough Times?

Answer 1

Even though unemployment has risen and the economy has fallen, many resilient Americans have learned several ways to make extra income—and you can too. Due to job layoffs, corporate cut-backs, and companies going bankrupt, individuals have fought back and shown their resolve by creating cleaver and resourceful ways to fatten their bank accounts with a few simple ideas and the determination to make it happen. And it's easier than you think.

As economic conditions have shifted it's more important, now than ever, to develop a second or third source of extra income. Many individuals have searched for the most profitable ways to make extra income the easiest ways possible. The most obvious might be a second job, but if that isn't an option, one may consider additional income through simple self employment.

Recently, listings on eBay have risen dramatically. Many people are simply looking around their home to find items they no longer need or want, taking a quick digital photo, and listing it for sale on eBay. Simple as it sounds, this could bring a substantial amount of added income each month.

Another rise that's recently occurred has been in specialized teaching services. Chances are if you know how to play an instrument, coach a sport, write an essay, or have any number of other skills—someone will pay you good money to teach them. Even teenagers have been earning extra money by tutoring younger students in specific subjects.

The secret to making extra money is by being creative and determining what value you can bring to the marketplace that others will pay for. Recently a woman was featured on a major new network who started a part-time service cleaning up after dogs. She would drive to the dog owner's home, negotiate a fee for cleaning up the yard two or three times a week, and collect her monthly payment. She made so much money providing this service she quit her full-time job.

Anyone who wants to earn extra income is only limited by their own creativity. Knitting, wood-working, hair bows, jewelry making, and many other simple skills can be turned into money. The possibilities are endless and the opportunities are ripe for the picking.