Sunday, January 11, 2009

The Economy Sucks And You Need Some Extra Bucks

By M Taylor

An extra income opportunity is a work from home business which can add to your regular income. People get involved in these work from home opportunities for a variety of reasons:

1. There are a lot of us who find ourselves in an intractable battle to make a balance between work in family, both in terms of money and in time. If you are always working just to make the bare necessities and never even get to see your family, is it worth working so hard?

2. Many people have a very strong drive to achieve financial independence for our families by getting involved in work from home opportunities and bringing in an extra income.

These two reasons are among the biggest ones that people decide to get into extra income opportunities. You can work on your own schedule doing what you want to do and make more money while being able to have more family time.

How can you find a good extra income opportunity? Here are some things to consider.

1. Think about what your strongest skills are. Is it writing, programming, marketing, or something else?

2. Find out what your family and friends think of as your strongest skills and your weakest areas.

3. Think about how your current job and the skills it requires fits in with the work from home opportunity you are considering.

4. Think about the job satisfaction you currently experience versus what you'd have if you found a well-fitting extra income generating opportunity.

5. Consider your skills which do not get put to use in your current job; is there a way which you could use them in a extra income opportunity?

After thinking about all of the above, talk to some people who have already gotten into extra income opportunities and get their insight. You can also use the internet to do some research on the opportunities out there. Write down the opportunities which appeal to you and make a top five list of them.

Take just a small step as first and spend about an hour a day working on your new extra income opportunity. This way you can try out an extra income job without committing too much time or effort to it. After one or two months, sit down and evaluate how much money you are making from this opportunity and how well suited the work is for you. If you like the work and the money is good, then start putting more time and effort into it. If not, try out the next extra income opportunity on your list. Remember that these opportunities are real businesses and you should treat them that way; you can't put in the barest minimum of effort and expect to become wealthy. You can take advantage of these opportunities and if you are willing to work hard, you can make a lot of money doing what you like to do.

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