Money Making Schemes

Nagesh answers:

General Strategies and Techniques on Saving Money and Earning More Money

Save as much money as you can! You’ll be surprised as to how quickly you can save a lot of money!

Here are a few suggestions:

Ways To Save Money & Ways To Earn More Money (Updated on 08/19/2010)

Don’t go out to eat. Example: don’t eat out at fancy, high-class restaurants. Instead, eat at a fast food restaurant or cook a healthy meal at home. It is much cheaper than spending a lot of money at an expensive restaurant.

If you are a teen or a young adult, you might want to hold a bake sale. Post fliers around your neighborhood, school, and community center to advertise your bake sale. You can have your other friends help you out, so that you can help attain your goal of saving and/or making more money. Keep your bake sale open for at least four hours, spanning a substantial portion of the morning or the afternoon. You can also decide to host the bake sale for multiple days. Example: Bake Sale Weekend: Friday, Saturday, and Sunday from 2:00 PM – 6:00 PM.

If you have a habit of buying new clothes very often, then resist the urge to buy new clothes for a little while. You could potentially save a good amount of money. If you are used to buying

Take personal finance courses online or at a high school or college/university. Important topics include banking (how financial institutions operate), stock market (which includes discussion on the New York Stock Exchange (NYSE), NASDAQ, and the S&P 500), finance (which includes discussion on the time value of money), interest rates, credit, loans, mortgage, real estate, the derivatives market, microeconomics (which includes discussion on perfect competition, monopolistic competition, oligopoly, and monopoly structures), and macroeconomics (which includes discussion on the money supply, aggregate demand, and the Federal Reserve).

If you are a teen or a young adult, you may want to have a dog-walking service.

To help you manage your money, try http://www.mint.com/

Talk to a customer service representative at a bank or other financial institution and learn more about financial instruments.

Don’t go out to watch new movies in theaters. Watch movies on your TV at home. Rent movies using Netflix.

If you are a teen, you may want to think about babysitting. You can babysit your neighbor’s children.

Don’t spend too much money when going out with friends. Have a budget in mind before you actually meet up with your friends.

If you are a teen, you could try to mow the lawn. Many of your neighbors probably want their lawns to be mowed at a fraction of the price that they pay others to do the same work.

Invest your money in a CD (certificate of deposit). You can hold your money in a CD for 6 months or even a year. It generally pays more interest than the interest you get from a traditional savings account from a bank.

If you are a teen, do chores around the house. Your parents will appreciate it and you might get some money for it.

If you like to invest your money in the stock market, then you may want to invest your money in a commodity, such as gold. The value/price of gold is expected to increase in the future.

If you are a teen, then make sure to save the money that you get from your allowance (if you get an allowance).

If you like to invest your money in the stock market, then you may want to invest your money in specific large-cap and medium-cap companies that you trust. Apple (Stock Symbol: AAPL) and Google (Stock Symbol: GOOG) are two such stocks where you can choose to invest your money.

Try to sell something of value that you are willing to part with. Sell your old stuff on websites where many people make purchases, such as ebay or craigslist. You could also sell your stuff through a garage sale or a yard sale.

Try to hold a donation drive where your family, close friends, neighbors, and other acquaintances will be able to help you out and donate a little bit of money. These people will include your parents, brothers, sisters, close friends, relatives, grandparents, neighbors, and other acquaintances.

If all else fails, borrow money from other people (parents, brothers, sisters, close friends, relatives, grandparents, neighbors, acquaintances, etc.) in order to get a short-term loan.

Nagesh answers:

You can only obtain legitimate work from home positions from brick and mortar companies.

You want to send your resume out to companies hiring for positions you are qualified for, but include in your resume that you have a home office and you wish to work remotely. Include how you have your home office set up and what equipment you already have in order for you to perform your job.

These jobs are just going to advertised as jobs, they would not promote them as “work at home” because they would hear from too many unqualified people.

Nagesh answers:

The way to save money quickly is to not spend it. You have to reduce your expenses immediately. Some things to do:

Cancel cable TV. If you are too far out to get reception on an antenna, at least reduce your service to basic cable. No premium channels, no sports channels.

Cut your cell phone plan down to the most basic. No texting.

No fast food. That is the biggest waster of money. Cook from scratch. One of my favorite meals is white beans with chopped onions and tomatoes. Healthy and cheap. Red beans and rice. Pot roast with carrots, potatoes and onions. Simple, hearty and cheap.

No new clothing purchases except for underwear and shoes. You should have plenty of hand-me-downs. Shop for what you might need (not want, need) at thrift stores.

Consider finding new homes for the dogs. Pets are expensive if you care for them properly.

Make sure not to have more kids. Five is an expensive handful.

Cut back on utilities by cutting off unnecessary lights, taking shorter showers, keeping the thermostat lower in winter and higher in summer. Unplug unneeded appliances like computers, cell phone chargers, power tools. Use CFL bulbs if you have them.

Make your own entertainment. No movies out — rent a movie at the library to play at home if you have a DVD. No new DVD or CD or game purchases.

Cut out tobacco and alcohol purchases. Those can be a huge cost.

Write down every cent you spend in the next 30 days. You will find lots of ways you can cut costs.

Unfortunately you can’t take my best advice which is don’t move anywhere unless you have a firm job offer.

EDIT – To correct something Christine said. DO NOT dumpster dive for aluminum cans. That is illegal and can get you hauled off to jail and your kids placed in foster homes.

Nagesh answers:

General Strategies and Techniques on Saving Money and Earning More Money

Save as much money as you can! You’ll be surprised as to how quickly you can save a lot of money!

Here are a few suggestions:

Ways To Save Money & Ways To Earn More Money (Updated on 08/17/2010)

Don’t go out to eat. Example: don’t eat out at fancy, high-class restaurants. Instead, eat at a fast food restaurant or cook a healthy meal at home. It is much cheaper than the alternative.

If you are a teen or a young adult, you might want to hold a bake sale. You can have your other friends help you out, so that you can help attain your goal of saving and/or making more money.

If you have a habit of buying new clothes very often, then resist the urge to buy new clothes for a little while. You could potentially save a good amount of money.

Take personal finance courses online or at a high school or college/university.

If you are a teen or a young adult, you may want to have a dog-walking service.

To help you manage your money, try http://www.mint.com/

Talk to a customer service representative at a bank or other financial institution and learn more about financial instruments.

Don’t go out to watch new movies in theaters. Watch movies on your TV at home. Rent movies using Netflix.

If you are a teen, you may want to think about babysitting. You can babysit your neighbor’s children.

Don’t spend too much money when going out with friends. Have a budget in mind before you actually meet up with your friends.

If you are a teen, you could try to mow the lawn. Many of your neighbors probably want their lawns to be mowed at a fraction of the price that they pay others to do the same work.

Invest your money in a CD (certificate of deposit). You can hold your money in a CD for 6 months or even a year. It generally pays more interest than the interest you get from a traditional savings account from a bank.

If you are a teen, do chores around the house. Your parents will appreciate it and you might get some money for it.

If you like to invest your money in the stock market, then you may want to invest your money in a commodity, such as gold. The value/price of gold is expected to increase in the future.

If you are a teen, then make sure to save the money that you get from your allowance (if you get an allowance).

If you like to invest your money in the stock market, then you may want to invest your money in specific large-cap and medium-cap companies that you trust. Apple (Stock Symbol: AAPL) and Google (Stock Symbol: GOOG) are two such stocks where you can choose to invest your money.

Try to sell something of value that you are willing to part with. Sell your old stuff on websites where many people make purchases, such as ebay or craigslist. You could also sell your stuff through a garage sale or a yard sale.

Try to hold a donation drive where your family, close friends, neighbors, and other acquaintances will be able to help you out and donate a little bit of money. These people will include your parents, brothers, sisters, close friends, relatives, grandparents, neighbors, and other acquaintances.

If all else fails, borrow money from other people (parents, brothers, sisters, close friends, relatives, grandparents, neighbors, acquaintances, etc.) in order to get a short-term loan.

Nagesh answers:

Do various searches online for keywords such as home based virtual assistant, hire virtual assistant, hire data entry operator or clerk, outsource word processor, outsource data entry .,.. Those types of terms should help you locate legitimate companies that hire independent contractors to work from their homes providing administrative type services. You should never have to pay for these types of opportunities … Just as you wouldn’t pay to interview with or apply at a company for a job opening.

Hope this helps