Wednesday, August 19, 2009

Importance of having alternative source of income

How Can I earn something Extra?
This is the question which comes across every person every now and then.And in times of recession this question carries even more significance.Each one of us wants to have financial freedom which means we are able to lead our normal lives even if we loose our job or suffer huge loss in business.

Having an alternative source of income helps us to cope with tough times. Imagine running huge amount of loans and one fine day you loose your job or suffer loss in business. Can i lead my normal life and support my family, my expenses? The answer is a clear "No".
Many people suffer in recession just because of this.Only then they realize the importance of having financial freedom.

Having alternative income lets you build a corpus which frees you from all financial worries in tough times.

Is there any Work from Home Option available?
You will find hundreds of sites on the net claiming work from home and earning around 1000$ per month. But almost all of them are fake and they just cheat people by taking some initial amount which they call as joining fees. The moment you join, they will all disappear. I myself tried to find some genuine site which can let you earn from home but failed to find even a single site.

Blogging is one way to earn extra from home. No investment required.But the tough thing is to maintain its popularity.Once you are able to attract traffic, you can get advertisers to post ads on your site.I know poeple who earn a handsome amount by writing just blogs.

If anyone knows other work from home options, then kindly post them on this blog through your valuable comments.This blog is only for the readers so that anyone trying to get information on any topic is able to find everything on the same page.So, I request all my readers to provide their valuable comments.



7 comments:

  1. can you pls let me how much money one can make through blogs? (approx)

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  2. People have made good amount of money by writing just blogs. I have ehard people making from 500 to few thousands of US dollars per month from thier blogs. Once you are able to attract traffic to your site, its easy to earn revenue through advertisements.

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  3. Having an alternative source of income has become a necessity...and it is no more looked down upon.For the right people with right frame and right determination there always exists opporunies...in the "knowledge industry" recession or no recession. For instance if you have a right grip on English Grammer....you can honestly mint money through English Grammer tutorials or by starting 'English' conversation' classes. In short if you have inclination & time there is no dearth for opportunities.Start thinking outside the Box .

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  4. Don't think twice for doing any kind of work (Other than wrong kind), which lets you earn something. For example: News paper distribution, Tution classes for students in the subject of your interest & expertise, etc.. There are many opportunities around but you need a right mindset and positive attitude to find it.

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  5. You can do freelancing if you want to just earn extra from home. www.getafreelancer.com is a good source thought there are plenty of platforms online which connect service providers and service buyers. The competition to win the work from service buyers is tough but you can win once you start proving yourself.

    Starting a tuition point is a good option if you can do it and in the long run based on your popularity it can even subdue your income from the main source.

    If you think you can make good contacts then you can research a good and reputed network marketing company(dont get into schemes check the history) and start your own business through them. This has a huge potential.

    http://z-from-a.blogspot.com

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  6. I have heard of these "membership sites". The goal is to get as many people signed up as members on their sites in order to generate traffic. There are a few legitimate ones, so it is crucial for each of us to research the opportunity before jumping in. Ultimately, the site has to offer something of value (other than the bells and whistles of the front page).

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  7. I agree with your point as I am not a computer literate so I too had the same ideas as you at the beginning, until I came accross something incredible shared by some of my friends who were just doing great, which is giving me constantly from the past two years week after week and my income is growing bigger every week. I could let you into this. You are free to contact me on 09243194975

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