Have You Started Generating Your Own Income Yet?
Back in 2009 I wrote a post on this blog titled Finding New Ways To Generate Income. I mentioned the premise of the book The Millionaire Maker by Loral Lengemeier, in saying that people can only save so much on expenses to get out of debt and that what they might need to do is look at their skill sets and find ways to use those skills to bring more money into the house, with the possibility that it could lead to another career you might enjoy and make more money from than your current job.
With unemployment still pretty high, job growth slowing, and more people becoming 99ers, it seems like it’s a great time for people to get their heads out of their depression clouds and start trying to make some kind of life for themselves by looking deep within and finding something they’re good at.
Let’s face this face; everyone’s good at something. You may not be great at it, but you’re good at it. If you worked at a plant for 20 years you had to get to know something well, even if it was only product management or review. No one goes an entire life without knowing something that someone else doesn’t know. And what you’ll find is that there’s always a market for what you have to share if you’ll only take the chance to test it out.
This blog in a way is something that’s helped me generate more income. I wouldn’t come close to calling myself a financial expert. There’s a lot of things I don’t know, some I’m just a bit sketchy on. My field is health care finance, and I know that very well. But I am close to an expert in one area; budgeting. I had to create my own budgets back in the early 90’s when once again unemployment was high and I had to take on small low-paying jobs to survive and still pay my bills. As an independent consultant there are times when things are slow, and budgeting is something I can do on the side.
However, this blog, which was kind of an inspiration because of budgeting, generates a nice little income. There’s a lot of great content on this site, and there’s always more coming, whether it’s from me or from the numerous guest posters that offer quality information. This will never replace my other income, but it’s nice to have it there, and of course it all helps in paying bills, although I’m past the days where I have a lot of debt.
What can you think of that you can make money from, whether you have a full time job or not? Every little bit helps, and even if all you can make is $100 a month to start, it’s money you didn’t have before and can certainly help with groceries. Come on, take a chance; what do you have to lose?