Showing posts with label percentage. Show all posts
Showing posts with label percentage. Show all posts

Thursday, 17 July 2008

How to Make Quick Money and Keep it - The Best of Two Worlds

Do you feel that you are you going the route of the rags-to-riches-to-rags story? This is an exaggeration, admittedly. However, it seems that regardless of how often you heed the guides on how to make quick money, you still find yourself in the familiar territory of financial quicksand.
Maybe you know how to make quick money, but do not know how to keep it! Indeed, making quick money share similarities with spending money, quick. It feels like you have holes in your pockets such that as soon as you put in money in them, the money just slides down into the holes.
Here is how to make quick money, and actually keep and save it.
Ideas to Make Money
You can have a job, first and foremost. Or, make that "jobs." Most jobs will provide you with regular income and employee benefits, plus an assurance that retirement benefits can be had in the future.
You can engage in a home business. You can either quit being an employee and instead become an employer, or be the one-man show of your fledging business. You can also engage in your home business while holding down your job. It all depends on your financial capability, risk tolerance, goals, and personality, among other factors.
You can capitalize on your passions and hobbies or on your talents and skills, and throw in capital and determination. Admittedly, having a home business might not be the best guide on how to make quick money per se, but it definitely can be a big-time money earner.
As to your home business, there are many opportunities over the Internet that you can take advantage of. There are data entry jobs, article writing projects, web design and development, blogging, and selling stuff online, to name a few business opportunities.
Ideas to Keep (And Save) Quick Money
Now that you have ideas how to make quick money, it is time for ideas on how to keep quick money. You need not fall into the vicious cycle of quick money in, quick money out at the click of your fingers (or more like, at the click of the mouse in these web-driven times).
First, change your psychological approach towards quick money. Always remember that your quick money is still your money, which means that squandering it will be fooling yourself. If the source for your quick money is a secondary job, then you can save this money as your primary job should cover your regular expenses. If it is your exclusive source of income, then saving is all the more necessary.
Second, be a diligent saver. As soon as you get your quick money, set aside a fixed percentage or a fixed amount as savings. Do not make an exception since you might make savings procrastination as recurring habit.
Third, stop using your estimated quick money as buffers for future expenses and debts. Unlike a regular job with regular wages, quick money from businesses can suffer from cyclical variations. If you use this quick money to guarantee debts, you might just find yourself in debt (and deep) trouble.
Fourth, follow all other advice on how to save money like never use your credit cards unless necessary, set savings goals within an attainable time frame, and stay within budget.
Ultimately, you decide how to make the most and the best out of religiously following guides on how to make quick money. Just remember, quick is as quick can.

Unique Fundraising Ideas

Whether you're affiliated with a school, a church, or any non-profit organization, you are undoubtedly always on the look-out for fundraising ideas. There are so many options out there, it can be hard to decide what will work best for you. The internet has given us far more opportunities, but it can be difficult to navigate through the many, many sites to find something that will work for you. Here are just a few suggestions to get you started:
Online Auctions:
With the state of the economy, more and more people are doing their shopping online so that they can find the best deals. Why buy something at a physical retail location when you can find it cheaper on the web? Your organization can hold a drive for items to be donated - everyone has items in their home that they no longer need but have yet to part with. As such, you should be able to get a decent amount of products donated that can generate money being sold online. Nearly everyone is familiar with E-Bay, but there are also many other online auction sites that you can utilize. In this way, you can take items that cost you nothing and raise money for your particular goal. Additionally, you can sell home-made items that are crafted by members of your organization. This allows your members to donate their time creating items that will generate funds, rather than donating money.
Personalized Christmas Ornaments:
This is a fun and unique idea, but it does take start-up money. You can purchase the ornaments from one of several wholesale companies - all you need are members of your organization with nice handwriting. Your members can carry the catalog, rather than the breakable ornaments, and take orders for the ornaments plus the personalization. This can be names, dates, or any other information that your customer might like to have on an ornament. All you need for the personalization is a few permanent markers (fine point) in several colors. You have now created for your customer an item that they will keep for years to come, and something that is of more value to them than the actual cost.
Happy Feet Slippers:
This is a truly unique idea, and doesn't require any money up front. Happy Feet are the oversized house slippers that look like tennis shoes, though there is also a line of animal slippers available now. They also offer licensed products, including over 70 colleges/universities and NBA and NFL teams. They will provide you with a flyer that you will fill in with your organization's information, and it will direct your customers to a website. You will then get a percentage of all orders placed, without ever handling the product or the money! This has only been available for a few years, so it's unlikely that your customers will already have been approached with this product. And of course, slippers are something almost everyone will use! The great variety of available products helps to ensure that there will be something for everyone.
Hopefully these ideas have helped you in your decision-making process! The idea of fundraising can be daunting, but don't let it get to you. There are a lot of good and profitable ideas out there - one of them is bound to be a perfect fit!