Tag Archives: ways to make money

Little Things Matter in Personal Finance

Amazingly huge things happen in your life only once in a while. These events might include landing that big job, marriage, closing on your dream house, or purchasing a car – and those things affect your personal finance. The rest of the events which occur are small, incremental events, or ‘white noise’ as some folks might title them. The small events, like getting a new client or receiving an email from a loved one, are more common and should have more notice taken from them.

I was reading Why Should I Make a Budget? by Haru over at I’m Bleeding Money, and I was thinking about the wisdom in the statement, “the thing that most people don’t realize is that it’s the minor expenses that really bite you in the A**.” He goes on to talk about the widsom in noticing each of the tiny expenses, elaborating about how they can expand into giant monsters of bills.

Even though your expenses can add up, your income can add up, too. The $50 here, or the $30 there can truly make a difference on the bottom line for the month. By the end of the month, you might have more money than you think because of the little dribs and drabs which are flowing into your bank account. This is especially true for a freelance writer, like myself.

Here are some suggestions:

1. Expand Your Income Stream

Those who have a single job can do this. Look for that extra couple hours of overtime, or see if there’s anything extra which can be done within the company. There’s usually a small amount in a company’s budget for those who want to take on those extra tasks and stay a little longer. The best part is that you’ll be seen as a team player, come review time.

2. Create New Income Streams

Every new client is an income stream. While the money that you make might not be enough to make the rent, it still might be enough to pay the water bill or let you go out to lunch once again. These income streams can be made from advertising or pay per click campaigns, but they can also be made from your products.

3. Take a Second Job

There are always the little bills which need to be taken care of. Look at the bills that you’ve got this month, and see whether a second job would be appropriate. If you’re a writer, you don’t have to leave your house to make the extra money, you can get a job working at iWriter, The Content Authority or Textbroker. The money is immediate, and, while it probably isn’t much, it can still make the difference between surviving and thriving.

4. Get Higher Paying Jobs

In any field, there is an evolution between the ‘crap’ work and the more lucrative endeavors. Very few individuals start out with the high paying, high responsibility jobs where they’re billing out at $200 an hour. Seek out those higher paying jobs as you grow into the one that you have, and you’ll find yourself eating ribeyes instead of cube steak.

5. Odd Jobs

One might consider the entire freelance writing gig to be an odd job. I’m talking about one-off jobs where you can make a little extra cash and not worry about the long term responsibility of having the job. These things might include moving a friend or fixing stuff around your neighbor’s house, or perhaps even babysitting. None of these jobs should interfere with your current ‘real’ job, and they’ll bring in a little extra cash to the household.

The most successful people in the world do not discount the importance of the little things. They realize that the little things are the ones that matter, because they are more frequent occurances over the large ‘big name’ events. Examine your own life to see if more ‘little things’ can be added, to battle those minor expenses that can bring you down.

Tips for Fiverr (and an earnings report)

Fiverr is an online marketplace where buyers and sellers can exchange goods for $5 a piece. I got an account there several months ago, but didn’t put anything into the effort of selling anything until the beginning of this year. I figured that it would make a reasonable side income, so I thought that I would give it a shot.

Tip: Don’t create labor intensive gigs

I enjoy using Fiverr because it’s got more of a laid back feel to it – that’s just one of the ways that I roll. At the outset, I put in several more difficult gigs to fulfill, including blog and forum commenting as well as my chain mail beings (which required mailing). I got one or two sales from it, but nothing that really excited me.

The blog and forum commenting wasn’t worth the labor, actually. I found that I was spending more time researching the topics to be able to comment, and the money that I earned wasn’t anywhere near equivalent to the time that I was putting in. You see, I believe in doing things ‘right’ rather than just doing things, so spending an hour or two learning about remote controlled boats or the Forex market wasn’t really my bag.

I took those down after a few months of banging my head against the wall. I spent 4 hours to receive $8 total. At $2 an hour, it just wasn’t worth it.

Tip: Don’t create obscure gigs

After taking those gigs off, I replaced them with a couple more labor intensive gigs. I decided to transcribe hand writing (3 pages for $5). This didn’t go anywhere because it was a fairly obscure gig, and nobody could really find it through the keyword search. I realized, too, that it would take about an hour to type the pages, so I removed the gig from the list.

Tip: Create searched for gigs


But, I still wanted to give Fiverr a chance. I decided to devote my attention to PLR articles. I can rewrite a PLR in a very short time (around 15-30 minutes) and I figured that was worth it. Even taking up to an hour for it wouldn’t be so bad, because I would get to find out more about someone’s subject on a very limited basis. It’s a loss leader, but it makes people more aware of who I am.

Tip: Set boundaries


Rewriting the PLR gigs got a little bit of popularity, actually. I got several gigs, but found that people wanted to get several extras. They didn’t want to give me source material, or they wanted to have me rewrite several articles for the price of one. I don’t spite them for trying, and I let it happen in the interests of exposure. It worked out well, but I realized that I had to have personal rules to follow.

Tip: Don’t go off site


After seeing my rewrite gigs, there were people out there who wanted to use my services outside of Fiverr. This is strictly forbidden as per the Fiverr TOS, because that’s how the company makes its money. Just say no when the opportunity comes up, because that’s one sure fire way to get you kicked out – and I didn’t want to lose my account. The skills are needed, but playing with fire is not worth it.

Tip: Sell goods instead of services


I was excited, though. I was offering services that people wanted that might have been a little too labor intensive. I removed all of the labor gigs, leaving only the ‘rewrite PLR’ one. I put up a few more, including sending quotes and a small PLR Personal Finance pack. As it stands, three of the gigs that I’ve got on there are goods types of gigs, and the one is an active writing one to get people in the door.

Overall, the best bet for money is going to be in things that don’t take you all day to do them. I’ve learned several lessons by doing Fiverr gigs, honing them and sharpening them so that I get the most bang for my buck. I don’t work for cheap, but I am willing to work. By selling goods, I’m spending only a few minutes and it’s done. A few minutes compared to HOURS is a great deal for me.

It was a terrible discovery to find that I was only getting $4 instead of $5, but it’s well worth the 20% hit for the exposure that I’m getting. While I’d love it to be my primary means of income, it’s not.

I earned $52 in January on Fiverr


Despite earning so little, it’s not anything to really sneeze at since I’ve not actually put that much effort into my Fiverr activities. It’s still an excellent way to make money when advertised, and every single little drop into the bucket helps out.

To check out my gigs, Click Here

What have been your experiences with Fiverr? Do you have any questions about the system or techniques? Do you make a living from Fiverr? Talk about it in the comments. 🙂