- Let me ask you a question,
is your primary source of income enough to cover your bills
and pay all your monthly expenses?
Now, for most people their primary source of income,
mostly from their job
it's simply not enough to cover their overhead.
A lot of people around the world
especially in North America, have to get into debt.
And that's why we have this credit card debt crisis.
For most people, they have to get into debt
that they don't know when they're going to pay it off
in order to just fund their living expenses,
to fund their kids' college education.
- Would you mind paying for this?
I don't have any cash.
- Sure, I'll just put it on my credit card.
I'm never going to pay it back anyway.
- For most people, that one source
of income is simply not enough just to live a decent life
to make a comfortable living,
unless they have a high income skill
or high income profession, or they run a business.
And that's just a challenge that a lot of people face.
And today I'm going to share with you
seven digit ways to make extra money today.
An income stream that anyone can start.
Now, before I get into it, knowing that these income streams
they're not designed to replace your existing income
they are designed to add on.
They're designed to supplement
what you're earning right now.
So these are income streams that you can start part time.
Right, you can start in the evening, on the weekends
that shouldn't take away your focus
or effort or whatever you're doing now to earn
that primary source of income.
Does that make sense? - Yes sir.
- Let's say you have a job that's making you $3,000 a month.
What this side hustle is designed to do
is to make you another $500 a month,
$1000 a month.
It helps pay for your mortgage payment.
It helps to pay for your car payment
or your grocery payment.
Doesn't matter what it is.
And these are little income streams
that you can start on the side.
Income stream number one, sell on eBay or Craigslist.
Now one of the very early internet businesses
that I started was actually selling on eBay.
I was actually buying things
from Hong Kong and importing them to Canada,
actually flipping them on eBay.
Now you do hear this quite often now,
people talk about going to the flea market
or going to Alibaba buying certain things
and flipping it on eBay or selling them on Craigslist.
You're taking something from other countries, other places
and then selling them on a global market platform,
a marketplace, just to make the difference, right?
You're kind of the middleman
in order to earn a little bit of money.
Or maybe you have some things in your house
that has been sitting there for a while.
Ask yourself the question,
how could you turn that trash into cash?
Now might be that is trash for you,
may be very valuable to somebody else.
Maybe something that your granddad has
and you may think it's not worth anything
but it may be worth a lot to somebody else
if you put it on Craigslist or on eBay.
It is an easy way to turn junk
into some kind of income stream.
Now it's not something you want to do longterm
but it is a good way to get started.
Income stream, number two, drive for Uber or Lyft.
Now, although less people are traveling because of COVID-19.
But guess what is hot right now, food delivery.
Anybody, if you have a car
you could get into that business
and start a side hustle that way.
Doesn't take a lot of money.
I was watching some Hong Kong news and he was talking
about because of COVID-19 unemployment rate is high,
a lot of even white collar jobs are gone.
And some of these people now they transition
into delivering food and they've never done it before.
They don't have a whole lot of experience.
It's not easy because you have to deliver the food.
Doesn't matter is a rainy day or sunny days,
but they do make a decent amount of money.
In fact, in some cases
they make more money as a food delivery driver
compared to the white college jobs before.
For some, this is their main source of income
for some, this is a side hustle, something that they do
on the weekend or in the evening after work,
regardless it is an income stream that anyone can start.
Income stream number three, become a freelancer.
I'm talking about video editor, graphic designer, writer.
Anyone could get started.
Because now there's so much demand in the marketplace.
You could see it from Upwork or guru.com.
There's so much demand
for professionals for freelancers out there.
By developing your skill and anyone could learn this,
You may take some online courses,
learn how to do that graphic design,
how to do their website design,
or how to edit that video with a laptop.
You could work from home and you could work
from anywhere and you could do this part time.
You can do this full time,
again you can do this on the weekends,
easy, easy income stream anyone can do.
Number four, teach a language.
Now you may not think about this,
but because now a lot of people just stuck at home.
They're looking to develop a new language skill.
So maybe you're thinking about, oh, I speak English,
what's the big deal.
Well, you could easily become online English teacher,
teach other people being a tutor to teach other people
other kids, how to speak their language vice versa.
People want to learn Mandarin.
You have Mandarin speaking speakers.],
they can now teach English speakers, how to speak Mandarin.
Do it through zoom, do it through Skype.
You could charge per hour.
Now what I would recommend is you actually don't charge
per hour, but you sell a bundle a block of hours.
It could be five hours or 10 hours.
And all you have to do is just chat with people,
have a conversation and you can make money that way.
So if you like talking to people,
you enjoy connecting with people,
that's an easy way to make extra money.
Income stream number five, gifts lessons.
There might be some skill sets,
some expertise, or some experience that you have,
that you may not be thinking of charging,
or why would anyone pay me for that?
Don't underestimate yourself.
Maybe you know how to play piano.
With zoom you could teach other people online lessons
and teach them piano lessons,
guitar lessons, yoga lessons, workout, you name it.
The sky is the limit.
People want to learn.
People have free time.
People are stuck at home.
Now you could do one on one
or you could even do group that gives you more leverage.
So think about what are some of the things
that you know how to do.
Maybe you don't even think about it.
You don't think there's any value
in doing that, but you are very good at that.
- So good and tasty.
- Think about how many people in the world
that are willing to pay you to learn a few things
from you, they are willing to take lessons from you.
Income stream number six, become a virtual assistant.
Now this especially makes a lot of sense
if where you live low cost of living.
Because then you can provide virtual assistant service
to business owners in more developed countries
where when they hire an executive assistant
it costs so much more
but in your country, they could hire you.
Philippines has a lot of virtual assistant.
There are so many websites
that business owners go to find virtual assistants
such as Time Extra, or Again Magic or Virtual Staff Finder.
There's so many of them.
Simply can go set up an account.
If you're organized, if you have some assistant skill
and those are pretty simple skills that anyone can learn.
You could do this especially if you're at home
and you have a lot of free time,
become a virtual assistant.
Income stream number seven, give professional answers.
Could you believe that you could
actually make money answering people's questions?
There's a website out there called justanswer.com.
If you have expertise in medicine, in law,
in information technology,
things that are a little bit higher skill,
more valuable skillsets,
I mean people are willing to pay you to give them answers
in certain area of expertise, justanswer.com.
Those are just some simple
and legit ways for you to earn extra money.