Ideas for extra income is what this blog is all about. Please fee free to comment on any good ideas on how to make more money. Check back often for updates.

This blog is intended to help bring ideas to the reader which may help him/her generate extra income. While I cannot guarantee any positive financial results I wish to bring a blog with resources that may be of help.

Tuesday, January 24, 2012

Creative Art

Are the creative type? Can you paint, sculpt or create unique art from odds and ends? Well if you can create this type of art, then you might also create extra income.

First of all the art you create needs to be something people would be proud to display in their homes. Know who would like your art, these are your customers.

You can offer your art for sale on Craigslist and eBay. Besides doing the online stuff see if you can display your art in coffee shops and bistros. Many times these places like to display local art which you can offer for sale to their customers with a small consignment fee going to the establishment.

Your passion for art can also be your road to extra income.

Monday, January 23, 2012

Home Stay Students

Do you live in a home with an unoccupied bedroom or two? If you answered yes then you might consider hosting home stay students. This concept involves providing room and board for out of town students who are attending a school close to you. Some of these students could be from out of province to even from out of country.

You can find students through homestay agencies found on the Internet or yellow pages. But a great place to find students is by posting a flyer in local colleges and universities. Besides giving students a cheaper price than living in dorms the student gets to meet people of local culture which is often what overseas students want.

Pricing you can charge is between $600 to $800 per month. The price range is there depending on how many meals you supply per day. Often times students only require a home cooked dinner meal. For them breakfast can be a meal they make themselves and lunch can be bagged. Either way all you supply is the food. Even after expenses you should be able to keep 60-80% of what you charge.

Since students usually attend school by the semester system you won't be busy with them all year long. This 8 month commitment gives you a break plus a decent extra income.

Friday, January 20, 2012

Making Money on Your terms!

When you work for someone else as an employee you are not working on your own terms. When you are self employed you set your own hours and rate you charge out at! Being self employed doesn't mean you can do everything always just as you want to, you still need to be sensitive to your customers or clients needs and wants.

Be sure you have thought it through when you decide to be self employed. You are in control. If you are lazy nothing will happen. If you are inflexible you will be frustrated and nothing will happen. If you are only money hungry and not focused on customer satisfaction nothing will happen. Making money on your terms still means you need to follow some basic rules of commerce, and when you follow these rules you will be making money on your terms.

Monday, January 9, 2012

Are you short of money?

This title may sound like a very personal question but it is one which is on the mind of many people.  Are you short of money? Do you run out of money before you run out of month? Are you using credit cards and lines of credit to make ends meet? Are you searching for ways to make extra money?

If you answered YES to any of the above then you need to know that you are not alone!  In today's economy many people find themselves strapped financially and are on the lookout for ways to generate more money.

This blog is intended to help bring ideas to the reader which may help him/her generate extra income.  While I cannot guarantee any positive financial results I wish to bring a blog with resources that may be of help.