Creating Extra Income During a Recession

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It's no secret that the economy has taken a toll on everyone. Layoffs, forced early retirements, and factory shutdowns have many turning to creative ways to produce extra income. Whether you need to save a little more or you need extra to make ends meet, finding alternate solutions to create income is not that difficult if you do your homework. Creating extra income during a recession is simply a matter of brainstorming and getting those creative juices flowing.

Not everyone is able to work a second job. Family obligations, the increasing rate of single parent homes, and the lack of work in general, makes it difficult to find part-time employment, but there are other means to make money, some of which don't even require you leaving your home.

Creating Extra Income

Many individuals underestimate the power of the internet, especially if they only use it for surfing the net or paying bills. Truth is, the internet can be a powerful money making tool if you know the right avenues to explore.

Selling items on eBay - You can start by cleaning out your garage and looking through your closets to find things to sell. Another option is finding a drop shipper (you sell their products and they take care of shipping them to the customer). You can even sell your product from the drop shipper on eBay. eBay has proven to be a great money making opportunity for those willing to put in the work.

Affiliate Marketing - This is a method where you sell products and earn a commission from the sales. This can include EBooks, software, or even physical products. You will have to have a place to promote the products, i.e. a website, a blog, etc., but many have started out by promoting on free classifieds websites such as Backpage or Craig's List.

Local Seasonal work - Cleaning up leaves and shoveling snow has long been thought of as jobs for the kids in the neighborhood. The fact of the matter is that teenagers don't want to do these jobs, so pick up their slack and make some extra money. If you have a snow blower, you'd be surprised at how many people will pay good money to clear their walkways or driveway. The same holds true for yard work; pruning, cutting grass, planting flowers, etc. You can contact your neighbors and help them with other miscellaneous chores that they cannot do themselves.

Freelance work - If you have a way with words, you can find freelance work on the internet writing content for those who don't have the talent to write for themselves. This can be financially rewarding if you find an individual or a company that is willing to pay you what you're worth. You are not limited to writing articles. This can include blog posts, information research, or even graphic design if you have the skills.

These are just a few options for making extra money. If you think a little harder, you can come up with creative ways to make ends meet without neglecting other obligations you may have and sometimes without ever leaving home.


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