How to Make Extra Income: The Right Way

If you’ve been online long enough, you’ve probably seen quite a few products and blog posts about how to make money online. The problem is that the vast majority of the information you find talks about replacing your 9-to-5 job and making a complete living from your online income.

But what about if you have a job you love and only want to earn a bit of extra income to remove some of the financial stress in your life or just to have a bit of money for fun?

What I plan to do, with this post, is to guide you through some of the ways you can begin to earn extra income using your existing skills; we’re not creating a business here – we’re building some additional cash on the side.

First: Get in the Right Mindset

MindsetYou need to get into your head that there is no real “instant money makers” on the web nor are there “systems” that is going to fit everything you want to do. There’s no a push button system or software that magically pours money out of your computer screen.

What you need to tell yourself, realistically, is that in order to make extra income, you need to put in the time and resources toward your work just like your everyday job.

Once you’ve realized that it’s going to take some time, you’ll be ready to properly move forward with putting together your own strategy for earning some side money. You don’t want to overload yourself with a ton of information in the beginning; it’s more important to understand what works for you above anything else.

My Three Suggestions for Extra Income

I’ve done a lot of crazy shit to make money online over the last few years from those stupid pay-per-click websites that earn you pennies a day to trying to sell LED flashlights on Ebay. What I’ve found is that focusing on my existing skills, I was able to finally earn the extra money I wanted (and needed) so I can relax a bit and not feel so stressed out about my job.

In all, I’ve found three things that I believe anyone just starting with earning extra income can wrap their heads around (if they’re willing to put in the time).

  • Freelance Writing Online – This one is a no-brainer; if you can write and article, you can begin earning money online. I would suggest starting off with Paid-to-Write websites such as Helium, Hubpages or Squidoo. Learn these platforms the best that you can with the information already existing on the websites. Tap into their monetization (money making) methods such as revenue sharing with Adsense, Amazon Associates (earning commissions from products on Amazon) or taking the leap to affiliate marketing by finding great products to write about on Clickbank. In time, move on to writing for clients which you find through sites like Craigslist or setup your own website that advertises your services.
  • Blogging – Believe me, blogging takes a shitload of work. Once you get your blog up and running (I recommend going with you own domain, hosting and WordPress), you need to become a content machine just like you would with freelance writing – you need to be creating fresh, engaging content to your readers. Find a niche that works for you such as basing your blog around a hobby you love or a few interesting things you found enjoyable in school or throughout your career. Don’t reinvent the wheel, figure out what you’re great at and bring that to the online world. In time, you can begin to make extra income off the traffic to your website through Adsense, Amazon Associates, affiliate marketing, donations, direct advertising and a lot more. The most important thing to do is get started today because every day you waste is another opportunity lost to others that are probably launching blogs in your domain of expertise.
  • Sell Stuff Online – You probably have hundreds of items sitting around your house that are going to complete waste because you’ve purchased them over the years but completely left them behind once new items caught your eye. Not only are all these unused items a waste of space but it’s messing with your mentality because you’re cluttering your mind just keeping everything in check. Get rid of your crap by selling it on sites like Ebay, Amazon, Etsy, Craigslist and other online sites. Believe me, once you get the hang of selling your first item online – you can take that skill to basically any other platform because they’re all essentially the same. Sell off your crap and pick up some extra income; start small and then move your way up, it’s easy.

If there’s anything you should have picked about these methods is that if you can create content then you can pretty much earn extra money online. Writing isn’t some magically skill that people have; it takes practice like anything else – the more you do it, the better you become.

Likewise, you need to get off your ass and try out a few things without the feeling that you’re going to screw it all up. Everyone makes mistakes but by completely avoiding doing things mentioned this post you’re going to be a failure at them anyway so say ‘screw it’, bite the bullet and get started.

Closing Remarks

It took me nearly 4 years to begin earning enough extra money to leave my job but I’m young, I don’t have a lot of expenses and I know you are looking more toward picking up some extra money to have fun or pay off a few bills instead of turning this thing into your main source of income.

What matters is that you try something … anything.

You could wait another day, shove your thumb up your ass and mope about not being able to do anything or you could create a fun little hobby of freelance writing, blogging or selling crap online to pick up some extra income – it’s you choice.

Don’t be intimidated by all the information you find out there; remember that a lot of it speaks to people that are already doing this stuff so start with the basics, understand the fundamentals and just head off and do your own thing instead of trying to find some “system”. Do it today, ya lazy ass.

10 Responses to “How to Make Extra Income: The Right Way”

  1. August 21, 2011 at 2:57 pm #

    The last sentence of this post is where it’s at brother!
    Amen to that even.

    I really cant emphasise enough how much the mindset bit is important! I am not one of those ‘Anthony Robbins’ type people so I always ignored this aspect, thinking ‘I dont need a book or some advice to tell me how to think’ EPIC FAIL

    Glad you made it your first point, one that I totally agree with.

    Now allow me to retort…

    You say blogging is one of the suggestions for extra income but I totally think you are off your head in saying that.
    Someone wise once said ‘blogging takes a shitload of work” (can’t remember who now ;) ) and they were right (you always contradict yourself? LOL)

    I think that blogging is something you should approach only after you have done what the last line of this post says. Go find out as much as you can, see what you enjoy the most – apply everything and then once you start seeing some tangible results – do it all over again.

    Then maybe once you are making enough to at least support your activities, only then should you approach the blogoshere.

    I know blogging by definition is all over the shop but it is what it is, and it takes time and whether you like it or not, a brand starts to be built from it and before you know it – you dedicate more time to building the brand than you do to actually making the money that that ‘brand’ is supposed to stand for in the first place.

    I Call it being stuck between a blog and a hard place somewhere I have spent at least 6 months.

    I’m only just starting to move the rock now (move over Jesus) and the irony?
    If I had taken the time to apply the shit I actually wrote about half the time then I would be doing a damn sight better than I am right now.

    Ah, what you gonna do?

    Bitch and moan it appears Murray. Bitch, and moan. :)

    • Murray Lunn
      August 25, 2011 at 12:25 pm #

      How daaaaaaare you Alex :P

      Nah, I hear ya buddy. Maybe it’s my short attention span or maybe my inability to convey some of my ideas.

      You’re right, blogging does take a shit load of work which we’ve both mentioned before so it’s not ALL practical when it comes to getting started but I DO think it’s important to start at some point.

      I don’t think I would have gotten to where I am today if I didn’t make shitty blogs in the beginning. I’d be a few years behind if I never launched a handful of blogs that turned to shit, ya know?

      Although, I agree, blogging should be later down the road in terms of online income but you can certainly learn a lot in the meantime by doing a personal blog.

      We, bloggers, have our thumbs up our asses because I think we’re being too hot headed and influenced by the wrong people. We look to other bloggers for inspiration when we should be looking at the people that read our stuff – they’re the ones that are truly making it happen when they put the information to work – not some blogger that covers a topic and goes on their merry way, ya know?

      Not sure where all I’m going with this reply but I hear ya brother, we need to get our shit on point and back in the saddle … or pouch, as I would assume Aussies would say ;P

  2. Adarsh Menon
    August 21, 2011 at 5:18 pm #

    Great post. I really like the emphasis on “try something…anything”. Most people over think their ideas to the point of never getting started. Instead I recommend getting started first, and then see where it leads. You’ll have plenty of time to think after that.

    • Murray Lunn
      August 25, 2011 at 12:26 pm #

      Exactly Adarsh!

      I couldn’t tell you how many people sit in information for years before putting stuff into effect.

      Hell, if I got started with some of my ideas a few years back you would have seen me with a video marketing blog when it was just getting started. I would of had an app on the market and even a few pieces of software but, alas, it’s all information and no action.

      Let’s end that, all of us.

  3. Tammi Kibler | Freelance Writer
    August 21, 2011 at 11:42 pm #

    I think you have to start a blog that is meant to become a standalone business with a plan to make money on the site right from the beginning. Whether you launch with an affiliate offering or you go with AdSense or Amazon, you have to have something tracking revenue so you can practice increasing your income.

    Of course, if you have an offline business and you are launching a blog to support the business, you might focus your attention on leads generated for your offline team rather than trying to make an affiliate income at first.

    • Murray Lunn
      August 25, 2011 at 12:27 pm #

      That’s a good way to go about things Tammi.

      I’ve mentioned in my reply to Alex that I find it’s good to just start a personal blog, if anything, in the beginning to understand the ropes but down the line, when you’re ready to earn some income through blogging, you really do need to make a strategy which a lot of people overlook (I know I certainly have with a lot of my projects).

  4. August 27, 2011 at 11:41 am #

    I found a great way to make an extra income online is by selling links on the websites you own or by selling signature link on the forums you write. Its a nice extra besides different services I offer online.

    • Murray Lunn
      September 6, 2011 at 9:30 pm #

      Great way Chrisitan, especially when you consider that your footer links are dynamic so you could increase the price based on the hundreds (or thousands) of pages your link can show up on.

  5. Steve@Internet Lifestyle
    August 31, 2011 at 4:53 pm #

    Murray,

    Right on, bro!

    At it’s most basic , making money on the internet is easy….

    Just work insanely hard for very little initial recompense and in the long run you will do well. Everything after that is all tricks and flourishes.

    You have to be willing to get out there and do the work, though.

    • Murray Lunn
      September 6, 2011 at 9:34 pm #

      It’s all about that patience.

      I just finished up a recent income report and at this time, last year, I was making about $200 – now I’m up to about $1,500 on average. That $200, at the time, was amazing but it still felt so far away before I could make enough to leave my job. Low and behold, I stuck with it and it paid off. Everything takes time to build up, it’s a marathon.

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