You’ve probably read the title of this post and thought, ‘but making money is anything but simple.’ This is the mindset that a lot of people tend to have, and it is the very reason those people don’t make more money. If you’re looking to increase your bank balance and have a little more money to spend on yourself, check out these simple ways to organize your life to make more money.
Change Your Mindset
The first and most important thing, which so many people fail at when it comes to making more money, is changing their mindset. They think it’s the least important because you’re not actively doing work to make more money. However, the reason we are not making the money we want to make is that we are letting our limiting beliefs around money run the show. It is your responsibility to change this mindset. Start working on them now, as they can take a while to change. Affirm the things you want to believe regularly, and do your best to stop negative thought patterns in their tracks. Watch all your ‘I am’ statements. If you constantly say, ‘I am broke’ you’re reinforcing that belief.
Invest A Small Amount of Money Each Month
If you want to become wealthy, then you need to invest a small amount of money each month. Figuring out where to do that can be the hardest part, but some apps and advisors can help you if you just want to get started. You don’t even need a lot of money to begin! You’ve probably heard of cryptocurrency. Nobody expected it to blow up the way it has over the last few years! There are different platforms you can explore and learn more. Have a look at Coinbase vs. Kraken to see if investing in cryptocurrency is right for you. Another way to invest is through banks and investment firms. I use Aspiration for my investing. Aspiration have various investment accounts to choose from and the best part is that you can set it to automatically invest for you! I invest $10 a month and have already seen gains!
Utilize Passive Income
In an ideal world, we would not have to put in hours and hours of work make a lot of money. People are already doing this with passive income. You can make money passively in numerous ways, these ways could include:
- Becoming an affiliate
- Writing an eBook
- Making YouTube videos
- Drop shipping
These techniques may take a little work upfront, but soon enough, you won’t have to do much at all to make money.
Rent Out Your Home
If you’re going away for a while, you could use a site like Airbnb to advertise your home and make some cash. Alternatively, you could consider renting a spare room, or even just your driveway space. Keep your mind open to all the ways you can utilize things you already have to make some extra cash!
Start A Side Hustle That You Enjoy
If you enjoy doing something, such as voice over work, tutoring, knitting blankets or creating websites, you could start a side hustle. This could be a great way to top up your income while enjoying yourself. I started my blog because of a love for writing, bullet journaling, and organization. With my blog following, I have been fortunate enough to open an Etsy shop where I sell products that I create which interest my readers. Check out my stationery and planners over at the Jihi Elephant shop!
Sell Your Old Stuff
Now is the time of year everyone is cleaning out their closet and homes, getting some spring cleaning in. Go from room to room and try to sell all of the things you never use or the clothes that you never wear. Advertise your stuff on eBay, VarageSale, Vinted, or another selling platform. Facebook can even be used as a selling site these days! Do some research and see if your area has a Facebook page dedicated to selling stuff! If all else fails, try a garage or yard sale out!
Have more great ways to make money on the side? Let me know in the comments below and your ideas might be featured!
This post was written in collaboration. Collaborative writing means that while I have contributed to this post and edited its content and formatting, I am not its original author. By posting this content on my blog, I receive financial compensation. Want to guest post for Jihi Elephant? Learn more here.