Simple Ideas for making more money

Doing the same thing over and over again and expecting different results – One of the famous quote by Albert Enstine. Same way, everyone in world wants to earn more money by doing same work/or by doing something extra / expecting more money by doing same work. In this post I will describe simple ideas to make more money, you can pick one which is most suitable for you. For each idea I will try to provide information which is relevant with that idea.

 Making money from money :-

(1)   Exhaust the possibilities your investments

At first glance, you may be thinking that earning money from investment is bit tough. If you have short term planning it is true but for long term compounding effect always leads to more money in your basket. So always seek possibility of investment.

You have to exhaust your laying money in saving bank/home for investment. You have to select right investment and right time & you can earn good return from your investment. E.g Investment made in gold in year 2008 is double by now (year 2012) while equity investment has not given that good return. For more details about right investment take advice from some expert.

(2)   Trading in stock –

If you have enough knowledge and skill than trading in stock could be good way of making money. Earning money by this way is quite risky as predicting market and swapping money accordingly is very difficult. Many people still make money like this.

Before starting trading please make your mind (get ready for loss) do enough practice various website offers money market game try that for virtually buy/sell stock and making portfolio. Keep close eye on stock market and respective scrip which you are willing to trade for.

Money making idea for Salaried people :-

No one gets a sudden rise, even the sun. No one gets a sudden fall, even the moon, so we have to stabilize our life with positive approach keeping this in mind money making idea for salaried people are:-

(3)   Ask for a salary rise –

For salaried people job is lifeline, way to earn money. You can grab opportunity to make more money by asking for salary rise. Of course you will not get rise easily but you have represent your case in such a manner that maximize likelihood of getting it. To make it simple please do extraordinary job in your filed and make sure that everyone know especially your immediate superior (Boss). If this extra ordinary job/task affect business boost nothing like it.

While presenting your case please give specific example about your work and see the effect. If you do this well you will get rise in salary.

(4)   Getting Promotion –

If idea of salary rise does not work for you another way to make money is by getting promotion. You will be paid more if promoted for higher position, but this promotion will come with additional responsibility. So make sure you are ready for this additional burden. In order to get promotion you have to start accepting more challenges / more responsibility. Not only that you have to outperform in every job/task/responsibility assign to you.

(5)   Change Job –

Just like as promotion another idea is job change. Many people adopt this technique to earn more money by asking / negotiating higher salary. Key behind success of this idea is to market yourself well in job market so that you will get good job with significant higher pay than current job. You can increase your marketability by making professional resume with cover letter. Include your all professional accomplishment and see the magic you could get roughly 10% salary hike.

Important point to keep in mind is don’t quit existing job till you get new job quitting job without another job in hand is risky idea and believe me you could lead to disaster, I have seen it personally . If you get in to job which you don’t like/hate still continue take appropriate steps to get new job or in short plan job change smoothly.

Once you get good offer don’t loss chance to negotiate well you could get jackpot as salary rise by changing job.

(6)   Part time job /work –

You can utilize your current skill by doing part time job or part time work. Not only that you can develop specific skill set which can earn you more money like if you are good at teaching you can start tuition part time and earn side income. If you have skill for marketing you can be good life insurance advisor and earn good commission.

Money making idea by starting something new :-

You can simply start something new which can earn you more money here are few simple ideas for you:-

(7)   Freelancing –

You can implement this idea any time. This idea provides great flexibility in terms of time, amount of work you can do and money. On internet you can explore various website which can provide work for freelancer select you’re filed /work and get going. Most popular fields are web designing, application development, accountant etc.

(8)   Blogging –

Another simple idea for making money is by blogging you can provide service as blogger it is one of the hardest money making idea. As quality content generation and writing require knowledge, time, and thought process. Blogger can earns 1000$ or more per month.

(9)   E-book –

Idea of writing book and selling it online as ebook is way of earning extra money or generating passive income source. You have to spend time and energy at initial stage to write book and promote it once you get success you will spend less time and earn more. This idea can earn you name and fame apart from money.

(10)  Launching unique website –

Everything is available on Internet now a days but still there are certain unique things/ ideas for which no websites are present if you have unique business model like this you can earn money by launching website with this unique idea. You can also earn money by placing advertisement on your website.

(11)  Selling Photo online –

You may be surprise by hearing that you can sell photographs and earn money. Many website on internet like flicker sell this type of photos. Many companies use this type of copyrighted photographs for advertisement etc. If you are very good at camera/photography this idea can lead you to earn several thousand rupees.


(12)  Online marketing / E-mail Marketing –

Marketing for product /services online is another idea for earning good money. You can join any website which pays for online marketing. You just need to attract people by doing online marketing / E-mail marketing or promoting product online. If consumer purchases products you will be paid commission money.

Some other money making ideas:-

(13)  Selling unused/old items –

Many items at your home may be useless or old you can earn good money by selling this old items. Many website are available on which you can place your advertisement and believe me you will get good response. Certain website such as

http://www.quikr.com/

http://ebay.com

(14)  Turn your hobby to earn more money –

I love this dhinka chika idea. If you are good at something you can earn from that this could be anything like writing review online, starting your own website, making painting, making some artistic decorative items and selling. You can even earn money by starting baby sitting or start career as match maker or wedding planner. Thing is that you must have passion for your work and money will come.

If you like this article don’t forget to share your views by comment section provided below. Please share this article & provide chance to other to earn more money .

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Article by Shitanshu

Hi, I am Shitanshu. By Profession I am Engineer and working in the IT field. I am crazy about Finance and like to research on financial matters. I have written 80+ article on this blog. If you like my efforts kindly subscribe to this blog and also let your friends know about this website by sharing.

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9 Comments

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