subject: How To Make Extra Cash From Home - 4 Questions You Should Ask Yourself [print this page] Are you wondering how to make extra cash from home? If so, then there are 4 questions that you should ask yourself.
1)How much time do you have?
2)How much money do you have?
3)How much extra cash do you want to make?
4)Do you know yourself?
In order to make more money, you either need to spend time or money. Obviously, if you have no money to start with, then you will definitely need to spend more time. We all know there is no free lunch. Even when you are not spending money to make extra cash, you are still spending your time. And we all know that time is limited and precious.
Of course, you will also need to know how much money you want to make. Not knowing how much money you want to make is just like taking a cab without knowing where to go. Knowing how much money you really want to earn on the Internet will determine the direction you should go.
Obviously, everyone of us want to make as much money as possible. If you want to make lots of money, free lancer is probably not the route to go because there will be a cap in your earnings.
Of course, if you have limited budget, you can always start out as a free lancer to earn the seed money you need to start your own home business.
For people who wants to make a lot of money, they should explore options like stock trading, forex trading, home business, affiliate marketing or selling stuff on ebay. However, these activities are generally of higher risk or require certain attributes to succeed. That's why you should know yourself.
Not everyone can become a successful trader. Not everyone can become a successful affiliate marketer. This is just the truth.
So, how to make extra cash from home?
You can choose the lower risk path. For example, free lancer, data entry or virtual assistant. These are low risk ways to make money. Basically, as long as you work, you will get paid. Obviously, we are assuming that you are working for a legitimate person or company who do pay you.
Or you can choose the higher risk path. For example, stock trader, forex trader of affiliate marketer. The risk is that you may not make money when you are first starting out and you may even lose money. However, when you do become wildly successful, you will be able to make a lot of money on the Internet.
by: Allan Lim
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