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Creating Multiple Income Streams

Eleven Income Ideas

Here are 11 ideas on how to go about generating extra income for yourself. You want to choose something that fits your interests and personality. You may have certain skills, training and education that will dictate what's best for you. So while this is not a one size fits all, here are 10 extra income ideas to consider:

Taking Paid Surveys at Home: I was skeptical, at first, until my 17 year old son starting making money at home taking paid surveys. Companies desperately want your opinion, and they are willing to pay for it. The trick, of course, is knowing where to find the paid surveys that pay the best.

  1. Ebay Store: It's now easier than ever to run an online Ebay store. You can of course acquire products to resell on Ebay. But you can also create an online store to market products that others are selling on Ebay and share in the commissions generated by the sales. To find more information and learn how to profit from Ebay, click here.

  2. Realtor: This may seem like a crazy time to start selling real estate, but in a slow market a lot of the competition runs away. You'll need an initial investment to obtain your real estate license, but over the long term have the potential to make substantial income.

  3. Website Design: With the continued growth of the Internet, website design has become a growing industry. Unless you already have the know-how, you'll need to spend some time learning the technology. But there are plenty of online resources available, and the best in the business can earn a great income.

  4. Graphic Artist: There are a lot of ways to generate money through graphics. Just the logo business alone could keep you busy if you have the artistic skills necessary to develop cool graphics.

  5. Virtual Assistant: Virtual assistances today can do just about anything for you that doesn't require their physical presence. Many virtual assistants from places like India are working full time for people in the U.S. The best VAs can earn $30 to $50 per hour.

  6. Freelance Writer: If you have a knack for writing, you can earn great money writing for others. Not sure how to start? Contact bloggers who are always looking for great writing. As blogs grow, they can afford to pay freelancers good money for quality articles. Websites looking to build links also hire freelancers to write guest posts to be published on blogs and websites.

  7. Home Business: The ideas and potential for a home business are limitless. I know folks who run creative memories stores, operate a video business, or sound studio from their home. One of the great benefits about running a home business is that it greatly reduces your initial investment.

  8. Sell a Product: For example, you could create a DVD or podcast explaining how to do something (design a web page, for example), or a workbook or other kind of instruction manual.

  9. . Blogging: I've done this, as have many others of course, as a way to market my writing and to share my knowledge with others. And I make some decent cash from it, from ads, that adds another revenue stream. It can take awhile for a blog to make any money, as with any business, but I think it's worth the effort.

  10. . Have a Part-Time Job. If you don't have a full-time job, and don't think getting one will work for you, consider a part-time job. If you have valuable skills, often a part-time job can pay good money and offer you the flexibility you want so you can continue to freelance.

  11. . Affiliate Marketing. If you have a blog or other kind of website, you can set up affiliate links to different services on the web. Darren Rowse of ProBlogger.com, for example, recently revealed that he's made more than a quarter of a million dollars through signing people up on the Chitika advertising service. When someone signs up through his affiliate link, he gets a small cut of their advertising revenue. That can add up if you get a lot of affiliate sales, and you don't have to do any work.

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