Earn More Money: Things You Must Know About Freelancing
For you to become debt-free, you must have discipline and persistence. Usually, the tips you get are to trim your spending, cancel expenses, and recreate your social life. However, most people tend to set aside the potential to earn more money. Well, you may be making an extra dollar by cutting on your coffee or reinventing home heating, but what if you can gain over $500 or even $2000 each month, is this gonna be adequate to suffice your financial struggle? In fact, there are a lot of ways, which can potentially increase your income.
Ways to Increase Your Income
- Open a small business
- Out your basement on rent
- Start a garage sale
- Obtain a second job
- Request for a raise from your current job
- Be a freelancer
One of the many ways to earn more money is what we will discuss in this guide, and that is freelancing. You might ponder why freelancing is separated from the second job, this is because a second job is basically low in terms of compensation; hence, it would not significantly increase your earning to a large scale.
What is Freelancing?
At its essence, freelancing is a way of extending your assistance to be of service to a single or multiple clients. Compared to employment, freelancing entails a business connection, which enables you to gain more access and control over your workload. In contrast to setting up your own business, you’ll potentially obtain lower costs and expenses to start.
What Services Can I Offer as a Freelancer?
Since you got several skills set, proficiency, and interests, you can make use of these and grab some of the freelancing jobs available. Some areas may be simpler to acquire as compared to the others. The bottom line is to find something that you can sell to people, something that they need and you can deliver.
From Hobby To Business
Many freelancers who just started thinking that it would be easier for them to start. Some of which are as follows:
Assumption: I own a good camera and taking pictures is my hobby. I’ve known several professional photographers getting good pay for their shots, I’ll do the same.
Pitfall: Several photographers are taking lovely and amazing pictures, so there’s less chance for you to get ahead. You’ll exhaust your time to non-essential stuff buying the best lens and more, yet there’s no better market at stake for you.
What is paid: Directors pay for head shots, a representative from real estate or brokers want house photos, and brochures photos are needed by companies to feature their products. These are the market that will be willing to pay for a photographer.
Conclusion: Assess your best skills and find someone willing to pay for your service.
Assumption: I enjoy writing anything. I may have not published the novels I wrote, yet they’re far more appealing than those I’ve read. I’d probably check publishers to have my worked published.
Pitfall: Very rare writers do it in scribbling stories. Though it’s easier to publish through the internet, it will take time for you to be noticed; remember we’re targeting for quick wins.
Execution: how can you fuse good writing for people who are willing to pay it? Websites are constantly searching for exceptional content. In this manner, you can contact bloggers and may be negotiated to post as guests. You might also like copywriting, and other stuff that will merit your writing skills.
Where To Start
The most accessible way to offer your service is through digital marketing. By doing so, it will costs you less in terms of expenditures and risk. Here are some of the examples:
- Video editor/ animator
- Social Media Marketing
- Graphic Design
- Content Writing
- Chat Support
Lastly, keep in mind that you’re not looking for full-time employment. Whether part-time or an extra dollar that you can earn from freelancing is already a big step in increasing your income.
CONSUMER PROPOSAL EXAMPLE
Example Unsecured Debts
|2||Credit card 1||$6,812|
Your Monthly Repayments Would Be
a Consumer proposal $748
(total contractual repayments)
a Consumer proposal $295
(total contractual repayments)
* Subject to creditor acceptance
* Payment subject to individual circumstances
* Credit rating may be affected
* Fees apply, subject to individual's circumstances.