In terms of making an extra $1000 each month, some of you might think that you should get a second job or third job, work harder at your current job, or work extra hours for your business.
Hi everyone,
Grace Wang here from Myhappychoice.com. Welcome back to my channel. If you are new here, make sure to subscribe and ring the notification bell. If you’ve seen value in my content, please give a thumbs-up as well.
On this channel, I will share everything related to achieving financial freedom in five years, including how to make money online, how to save money for your future, How to live a happy and abundant life and share the success mindset along with powerful methods you can implement into your life.
Finding a second or third job or working extra hours were great ways to make extra money in the past, but in the era of a changing world, you need to step up your game and upgrade your mindset to a higher level about making money.
We are in the online world now.
If you want to make more money without working your butt off, you must think of working smarter, not harder.
Making an extra $1000 per month from home is a very achievable goal.
But you have to understand, getting the extra $1000 every month will take a bold decision, learning curve, and dedication from your part.
Without further ado, let’s dive in.
- Ask for a raise at your job
I call this a low-hanging fruit. Start by looking around your current environment and situation. If you have never asked for a raise before, it is time to make an appointment with your boss.
What are you going to lose?
The worst result you can get will be only a No.
If you do not have the confidence to ask, then make sure you get an Ask Coffee Mugs from my Etsy store. custom-designed to assist and boost your confidence tenfold
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You have worked at your job for many years, contributed your talents, time, and energy. So now it’s time to get some extra compensation.
- Get the promotion you always wanted
I have seen so many people working hard in the same position for years and years. They want to get a promotion but never get it.
Do you know why?
Let me share some secret strategies that I use to coach my students from a business owner’s standpoint.
Business owners are always on the look to promote employees to a higher position for taking on more responsibilities. More responsibilities mean more pay.
Here are steps you need to take:
- You have to make a decision to get the promotion you want.
- You have to get on your bosses radar
- Leave your degree and accomplishments in the past. Instead, become an expert in your field.
- Have an action plan
- Work on your plan every day
Nobody cares about your college degree or your background anymore at this point. They only look good on a resume.
You need to focus all your brainpower to improve your specialized skills. Don’t blend in and get lost with everyone else in the pack. Become an expert in your field.
You do not want to be the Weakest Link. 狗尾巴上的露水，一摔就掉!
- Start a Niche Blog
If you’re looking to increase your monthly income by $1000 and also want to do it from the comfort of your home, consider starting a blog.
I recommend starting a niche blog on something you love and are passionate about.
You can create your WordPress blog in no time. The best part is that it is free. You only need to choose a place to host your website, like host gator.
They will give you your domain name completely free for the first year and you’ll be able to install WordPress at the click of a button.
I use it myself and I’m very happy. Plus they have 24/7 customer support. You can chat with them online anytime you want.
- Invest in the Stock Market
Another great way to earn an additional $1000 a month from home is to invest in the stock market.
Now there is one thing I want to warn you about, I personally don’t like or recommend day-trading. It can cause a lot of stress and anxiety unless you are a trained professional or skilled investor.
You can invest in great growth stocks and hold them for the long term.
Make sure to do your due diligence in the stocks you plan to invest in.
- Start an eCommerce business
I have been running different physical businesses for the past 2 decades. I am now in the transitional stage from a physical business to an online business.
Right now, everybody shops online. You can start an eCommerce store to start selling online now.
If you want to make this more of a side hustle, I’d recommend starting a dropshipping business and selling them on Etsy or Shopify.
This way you won’t have to deal with creating physical products and managing inventory. You just connect buyers to products. Once they buy a product, the distributor will send the product straight to the buyer.
I’ll leave the link to Shopify below, the sign-up process is easy and you can get a 14-day free trial.
- Start an online coaching business
Since Covid 19 began, people have lost jobs and loved ones. The need for coaching for depression, anxiety, money-making strategies, career planning, and mindset shifting has skyrocketed.
Online coaching businesses have started to blow up ever since.
Believe it or not, people who feel they need coaching are willing to pay you to help improve their life.
You can become;
- A Life coach
- A Writing coach
- A Money coach
- A Relationship coach
- A Career coach
I have already helped one of my students find 3 high ticket clients within 2 months.
The sky is really your only limit.
- Start a Youtube Channel
Creating a Youtube channel is another great way you can start making money online from home.
Some famous channels are making a lot of money on Youtube. I am talking about tens of thousands of dollars per month.
Using Youtube videos to make money from home is definitely doable.
If they can do it, so can you.
Similar to starting anything new, it will take time and it will take effort and consistency.
You have to create good content and post it on YouTube on a consistent basis. You can make money from Youtube the partner program and from your online store or through affiliate links.
Take advantage of the technology today to help yourself achieve financial freedom in the next few years.
That’s all for today.
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As always, thank you for watching, I will see you in the next video.
In the meantime, dream big and be a high achiever.