You're young? Student? Just getting to meet you come of age?, Because if so you're in the perfect age to start building your "business empire" and gain valuable skills and experience do not teach you in school and in college but will need to of life.
Create multiple sources of income is really the key to wealth and economic security, if one fails the other will save and the more you'll have less risk of running out of money or end up in debt.
However most of the books that talk about the philosophy of multiple sources of income do much from a business application as if it were applicable to young people who may not have jobs and are under the protection of their parents.
First, we classify our sources of income in 3 three categories:
Sources of long-term income
Sources of income over the medium term
Sources of income in the short term or occasional
These three categories consider "levels", then the last level would be the occasional sources of income, middle-level sources of income would be the medium term sources of income class would be the sources of income in the long term.
Sources of long-term income for this post will be aimed at young people but in reality waste can also be linear product of self-employment. The second level is almost 50% and 50% linear residual. The sources of income in the short term or occasional is always linear.
Rule: The sources of income should be fed low-level sources of income level.
Sources of long-term income
Sources of income in the long term are to create a business or micro enterprise, but as we are young we do not have much capital and could not create one, but if we could:
1 .- Open an interest bearing .- In a financial institution that we generate interest, but will soon have to start something.
2 .- Making a fixed deposit .- For a small amount, but the best salaries are in deposits 6 months to 1 year, not bad option.
3 .- Investing in a fund .- This if we have come of age and some minimum capital required by the fund.
Sources of income over the medium term
This category includes those sources of income have a good time or take some time to become profitable, as young people are some options:
1 .- Write a blog for advertising .- This is a great way to get residual income over the medium term, it can take months if you are consistent and good blogger to have a little extra income or you can take about two if you're not very consistent, anyway will be residual income until no Blog, for now the most profitable adsense is advertising and there are other advertising companies, which get about 1000 hits a day and could generate about $ 300 a month, you can also sell reviews and links to other bloggers.
2 .- Teaching something at low cost .- If you know how to dance, you know English, math or master know you can teach any discipline who want to learn at low cost, first you must sharpen your skills and design a way of teaching, plus a bit auto evaluate to know your strengths and weaknesses, will be devilishly difficult to teach a methodology wrong.
3 .- Get a job .- Not bad start here, so I think it is a little wrong is that you want to stay at a job all your life, but they are a great way to get a good income to go fast fueling sources of income level.
4 .- To help sell any product .- My sister helped sell the products of one of her friends who had joined a multilevel selling cosmetics and perfumes, helped him for about half a year earning of the commission, did not to make any investment, could get away whenever he wanted and both sides win, some multilevel prohibit this but most have no ban on this.
Occasional sources of income
These are the sources of income that can only benefit occasionally from some options are:
1 .- Make crafts for special occasions .- If you have talent, there are plenty of very attractive crafts for Christmas and Valentine's Day, try to do those that are truly creative and attractive and be easy to sell.
2 .- administering questionnaires and summaries for exams .- I've never done this but I saw two college friends that if they did, trying to develop quite well so you can put a price you recover your investment in the first sales.
3 .- To perform tasks that are good .- If you're good for something in particular you can help other people not so good at it and charge you for it, I was and am still good for monographs and works research, I made some for my college roommates.
4 .- Recruit someone to sell something .- I hope that I will call the operator for this but a couple of times I bought for my sister the ingredients to prepare it and selling it within the school, she is pretty good selling so I ended up selling everything and we would share profits on a 70/30 and that she made the hard work ^ _ ^ (or 30% for me).
5 .- Take advantage of any opportunity to earn some money .- In some institutions where procedures are performed there are people queuing in long lines as they are quite advanced, next to the window going to sell the post, once I paid my little sister to clean and sort some things and sometimes it is pending, in short any extra income you can get for how small must take advantage and go to feed the higher income sources.
6 .- Keeping a lifestyle very low cost in the youth .- This is where you lay the foundation for great success, do not get used to living large before you can afford it, it is true that youth is not the "divine treasure," the divine treasure is "maturity" is much easier to save a dollar or a dollar to win a dollar or a euro more.
What are some ideas I make money either short, medium and long term, some of the sources of income may start at a lower level and then move to some higher, for example if you are teaching English occasionally publish your services at low cost in the newspaper or online, you may then raise your rate or you get a degree in English a few years, as you gain experience you can raise an activity level below a top, in the same way as in Some businesses can start up as an employee and a partner and eventually owner.