Earning A Second Income

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Everything You Need To Know About Earning A Second Income

Times are tough.

Prices are rising, home-owners are being squeezed, the investment markets are all wobbly, and staying afloat just seems to require more than one income these days.

Many people are looking for ways to earn a second income, but there are always problems to overcome. Con artists lie in wait for the naive income-seeker, and they will fleece you of the last few dollars you can ill-afford to lose. Even legitimate opportunities often require additional help and support before they become a genuine second income.

This lens is a work in progress. Over time, we will add more and more information about exactly what you need to do in order to successfully start earning a second income - and hopefully, doing something you really enjoy.

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Avoid Work At Home Scams 

Ensure You Have A Legitimate Opportunity To Earn A Second Income

For people wanting to work at home to earn a second income, there are many legitimate opportunities. For as many legitimate opportunities that are on the market today, there are just as many work at home scams. If you wish to earn a second income working at home, it is important that you be properly equipped to protect yourself from all the possible scams that are out there. In this article, we will review how an individual, such as you, can protect themselves against the various work at home scams on the market.

One of the first things that you should do when deciding to work at home is to research the various opportunities for earning a second income that are available, and decide which job is appropriate for you and your unique set of circumstances. It is ideal to pick a work at home opportunity that best suits you. Knowing the market that you are interested in gives you an edge in spotting work at home opportunities that are scams.

There are many tips and suggestions on ways that an individual can avoid getting mixed up with the various work at home scams that are out there.

1) Before committing to an online opportunity, it is important that you research the company that you are interested in. There are a couple of ways that you can do this. You can check out the Federal Trade Commission to see if the opportunity that you are researching is listed as a known scam or an opportunity that you should be careful with. You can also look up various companies through the website of the Better Business Bureau.

2) If a company promises that you will make a lot of money in a very short time, you should proceed with caution. If there were such companies and opportunities that are available, more people would be financially stable. If it sounds as if it is an offer that is too good to be true, chances are, it probably is!

3) There are many companies and opportunities that request that you send in a certain amount of money before you start in order to register. These types of things should be avoided. How many companies in your community tell you that you can have a job, but you have to pay a fee to start? Legitimate expenses like training and uniforms are the only exception to this rule.

4) If there is the chance that you will have to pay the company in which you are seeking work from, you will want to have them send you everything that they offer in writing, and if they refuse, you should stay away from that offer completely.

If you find that you are already mixed in with one of the many work at home scams that are on the market today, then you should immediately report the issue to the Federal Trade Commission. There are many steps that you can take to find a resolution to the issue that you are facing.

Armed with your new caution, you can now go out and start to evaluate the many opportunities to earn a second income working from home, and hopefully find one which fits the bill for you.

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Homebased Business Tips 

Home Business Tax Deductions: Keep What You Earn

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Home-Based Business For Dummies (For Dummies (Business & Personal Finance))

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How to Start a Home-Based Catering Business, 5th (Home-Based Business Series)

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The Profitable Pen 

Earning A Second Income As A Freelance Writer

If you're looking for a second income, and you're good with words, you will find that there are numerous freelance copywriting jobs available.

Working at home
, doing something you enjoy, is a powerful incentive to find freelance writing work. Within this article we look at a couple of the different freelance websites and how you can set yourself apart from all of the other freelancers out there.

Our first task is to identify the different marketplaces where you should have a subscription. The first website to consider is www.elance.com. This particular marketplace has a very strong following, as more than 100,000 potential customers come by the website each week. You are able to sign up to offer your services, and the system allows you to upload your best work to sell yourself to potential clients. There is also a search agent in place so that you can have jobs that meet your criteria e-mailed to you on a daily basis. The cost for a subscription to this particular website can range from eight dollars per month up to one hundred twenty dollars per month.

The second website which you should consider is www.guru.com. This is actually the largest online freelance marketplace on the Internet for online jobs, including freelance copywriting jobs. The capabilities of this website are similar to those offered by elance.com. It has a service provider base of over 481,000 people. If you live in Europe, you can use both of these websites as well as a European challenge to these two, which is found at www.getafreelancer.com. There are many other websites that also offer a freelance online marketplace, for example www.directfreelance.com.

These sites can get you started on finding projects, but you need to do more than make a simple bid. When you are bidding on projects, companies that are looking at the bids will not be looking just at price, but also at how their work will be done. To do this you will want to set yourself apart. Include copies of your best work, and also include testimonials, along with a sales letter explaining why you will are the best writer to do this particular project.

By doing this, you will be tailoring your message to the advertiser, and you will be showing them examples of your past work, along with messages from happy clients. This will help improve your credibility and firmly anchor you as a potential candidate who can get the job done. Many copywriters do not have a website today, so if you take the time to create a website, you will find that you could have a competitive advantage in the freelance copywriting jobs market.

Remember, too, that the skill of writing can be the foundation for multiple streams of income. You are not limited to simply completing writing tasks for a fee or an hourly rate. As a writer, you are ideally placed to earn a second income from affiliate marketing, as a pay-per-click publisher, or as a producer of information products. There are many options for a second income when you have a way with words!

If you want to earn a second income as a freelance writer, it is important to know which websites you should use in finding work, but it is also important to find ways to set yourself apart. By creating a website, and creating an advertising package which shows off your best side, you are setting yourself up to stand apart from other freelancers. You are selling yourself when you create this package - your writing about yourself should be the best, most well-crafted writing you have ever done!

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The Home Office 

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Earning A Second Income 

The Blog

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Working Effectively 

Nine Ways To Stay On Track When Working At Home

Working at home is the ideal second income for many people. Working at home can be a rewarding experience emotionally and financially, but it's easy to lose sight of running a successful business when it's just you, your computer and the distractions of home.

Read the full article at HubPages - 9 Ways To Stay On Track When Working At Home.

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Amazon Spotlight 

The Home-Based Bookstore: Start Your Own Business Selling Used Books on Amazon, eBay or Your Own Web Site

Amazon Price: $17.05 (as of 12/04/2009)Buy Now

There is no end to the creative ideas for developing a second income. Do you have a passion for books? Turn your passion into a second income.

Earning A Second Income 

Top Ways To Earn A Second Income

Top 14 Ways To Earn A Second Income



Are you looking for a second income? With prices soaring and the property market a mess, more and more families are finding it difficult to make ends meet.


It can take as little as $100 a month sometimes, just to take the pressure off, although plenty of people are earning hundreds, if not thousands per month as a second income.


Affiliate Income


Affiliate income refers to the commissions businesses will pay when you refer a new customer. Usually, but not always, these businesses are operating online.


A great free resource to get you started earning affiliate income is the SiteSell Affiliate Masters Course.


Automated Income


Automated income is the classic "earn while you sleep" income - you set something in motion, and it just keeps paying you indefinitely. You can get this form of a second income by investing cash, or by setting up a business that doesn't require you to show up and work in it.


Online businesses are the most likely to fit this bill, but there are automated businesses offline as well.


Business From Home


The beauty of earning a second income via a business from home is that the work requirements of your business can easily and flexibly work in with your other work and family commitments.


On the down side, it can get lonely and be difficult to maintain your motivation - and your family may complain that you are "always on the computer".


Capital Gain Income


A capital gain occurs when you buy an asset, like shares or property, and then sell it later for a higher price. Sometimes, the capital gain occurs simply because time has passed and the market is rising, and sometimes you actually need to take action, for example renovating a property, to make the capital gain occur.


Here are some resources that can help you learn about making capital gains:


  • Adrian and Amber Zenere are Professional Architects and Real Estate Developers with more than 25 years experience who've put together the Real Estate Development Club where they reveal all the tricks of the trade that helped them to knock years off the learning curve and reap the significant financial benefits that Real Estate Development has to offer.


Data Entry


Many companies require large amounts of data entered, and some will allow you to do this work at home. Be aware, though, that there are some dodgy operators around who will try to take money from you to "introduce" you to these companies. You should never have to pay to get a job!


Direct Sales


If you get on well with people, you can consider direct sales. If you are genuinely passionate about the company you are promoting, direct sales can be an enjoyable way to earn a second income. Direct sales includes party plan selling, shopping centre promotions, and in-home consultations.


Make Money Online


A very popular choice these days, because there are so many different ways to make money online. You can try affiliate marketing, creating information products, subscription-based membership sites, drop-shipping, selling on eBay, being a Pay-Per-Click site publisher, or freelancing through online marketplaces.


Here are some great resources to learn about creating a second income through an online business:


MLM - Multi-level Marketing


Multi-level marketing has been around for over 60 years. Originally, multi-level marketing had a strong resemblance to party plan selling, with groups of people gathering in loungerooms to listen to presentations, but today the majority of MLM systems use "attraction marketing", often via the internet, in which prospects are attracted by interesting and useful information, and may never even know that the free information they enjoyed was funded by a multi-level marketer.


Mortgage Income


There are a variety of creative real estate investment strategies, in which you effectively become a mortgage lender. Variously known as "wrapping", "lease-to-buy", "vendor finance", and "joint venture purchasing", these strategies will allow you to earn a higher return from a property investment. A positively geared investment property produces a second income.


Here are some resources that can help you learn about making a second income from property:


  • Jill McIntyre made over $600,000 in just 18 months through Cashflow Positive Property deals. Her site is packed with detail to give you an easy step-by-step process to build your own Cashflow Positive Property Portfolio - the specific steps she follows, the resources she uses, the names and contact details of people who have helped along the way, and copies of the tools she's developed.


Multiple Streams Of Income


Of course, you are not limited to a single source for your second income. In fact, it is best if you diversify into multiple streams of income, to give you protection against shifts in particular marketplaces.


Part Time Work


Don't overlook the obvious. There are many opportunities for ordinary part-time work - cleaning, retail, security, babysitting, hospitality and entertainment, just to name a few.


Passive Income


Passive income is income which doesn't require you to exchange your time or services for money. Investment income is passive income, and some businesses can produce passive income.


Second Life Income


The internet site Second Life is a virtual world, in which you can have a virtual job earning virtual money. The funny thing is that real estate in Second Life is actually worth real money, and you can build up items and locations in Second Life which you can then sell - making a second income from Second Life!


Other virtual worlds and multi-player role-playing games can also earn you real money - as long as you are disciplined about it.


Work From Home


Even if you don't have your own business, you can often find work that you are allowed to do at home. This is usually computer-based work - writing, programming, editing, moderating forums, data entry, and so on, but some call centres are set up to have operators working from home. In addition, more traditional cottage industries such a piece work in the garment industry, and childcare, can also be done from home.




Image: Jenn_jenn

Earning A Second Income Blogging 

Write About Your Passions And Earn A Second Income

Blogging is a viable way of earning a second income. Earning a second income has become the ambition of many families who could previously exist quite happily on a single average income. The reasons why a family can no longer make ends meet on the average wage are many - and that, in itself, is a topic worth blogging about!

Blogging has a number of advantages as a means of earning a second income.

1. Blogging can be done from home. Do not underestimate the value of earning a second income while your children sleep, or while they are at school, and without having to pay for transport or parking.

2. Blogging can be done at a time to suit you. Blog posts can be pre-written, and scheduled to appear on particular days and times, which means you can devote a few hours or a full day to writing blog posts once a week or once a month, rather than being tied to showing up at a particular place and time to work.

3. Blogging income builds up over time. Initially, not many people will know about your blog. Over time, as the posts get indexed by search engines, and you build up a following of loyal readers, you will have increasing traffic to your blog. Whether you make your second income from advertising on your blog or from recommending products and receiving commissions, you will find that as your traffic increases, so too will your second income.

4. Blogging is a social activity. Particularly for those earning a second income from home, isolation becomes an issue. As a blogger, you are instantly part of the "blogosphere" - the community of bloggers. You will need to read and comment on the blogs of others, and make friends with the big bloggers in your niche. There are many networking sites where bloggers gather to chat about blogging.

5. Blogging allows you to earn a second income from writing about your passions. Anything you are passionate about, others will also be passionate about. Any information you discover about your passion, others will also want to know. Blogging is a way to gather and summarise that information.

6. Blogging costs nothing to set up. You can start blogging on a free platform such as Blogger or Wordpress. However, if you are serious about earning a second income from blogging, it is advisable to invest $10 in your own domain name, and a few dollars a month in hosting, so you can have complete ownership and control over your blog.

7. Blogging is fun! If you like writing, you'll love blogging. The thrill of finding comments on posts you have written cannot be overstated. Knowing that you have an audience, that they read and enjoy your posts, is a wonderful feeling for any aspiring writer. The second income is just a bonus!

Earning a second income doing something you enjoy is the Holy Grail for most people, and blogging offers the opportunity for earning a second income writing about one of your passions. What could be more enjoyable? If you like to write, give serious consideration to earning a second income from blogging.

Managing The Tools Of Your Trade 

Keep Your Computer Running Smoothly!

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Earning A Second Income Selling At Flea Markets 

Just About Any Passion Can Turn A Profit

If you are looking for ideas for earning a second income, you may want to consider selling at flea markets. Starting out at a flea market has a relatively low start up cost and there are numerous benefits to selling at them. Many people enjoy visiting the flea market on the weekends with their families. Additionally, visitors to your area enjoy visiting flea markets for souvenirs and other gifts for their families. There are many people in communities all over the United States that frequent the flea markets that are in their area. If you would like to make a nice supplemental income, you should at least consider the opportunity of selling at flea markets.

In every community, the rules are different when it comes to selling at the flea market. If you wish to sell merchandise, you must first check with your local courthouse on any rules that may apply to this. Many communities expect you to have a Peddler's License, or a Business License. Additionally, you may be required to get a Federal Taxpayer's ID Number. It is important that you know and understand the rules in your community prior to selling at a flea market in order to avoid any possible issues down the road.

Once you have established and met all the requirements that are necessary for you to sell at the flea market, you can start getting ready for your new business! It is important to contact the owner or owners of the flea market where you wish to sell. There may be a fee required to sell at the flea market, and you may even be required to rent the space that you will be selling at in the flea market. Once you have made all the proper arrangements, it is time to move to the next stage in your business.

You will have been gathering merchandise that you would like to sell at the flea market while organising yourself with the proper permits. A good place to start looking for products to sell at the flea market is in your own home. You may have old books, movies, clothes, dishes, furniture, games, and other items that may sell well at the local flea market. All you need are a few price tags and some stuff that is gathering dust in your closet to start selling at the flea market.

Longer term, you will need a more regular and reliable source of products - you can specialise in collectibles, or toys, or clothing, or buy goods from liquidation sales. You can even sell your services at a flea market!

If you have a particular skill or talent, you can offer this at the flea market. For example, if you are good at taking pictures, you may offer brochures that cover your services. You can take wedding pictures, pictures of sporting events, and more. Simply make and post a sign at your booth! You may even want to hand out flyers. If someone purchases something from you, you can stick a flyer for your services in the bag with their merchandise.

There are numerous ways that you can create a nice supplemental income by working at a flea market. With a little creativity and a few things to sell, you will be well on your way to earning a second income for all those little extra things in life - or just to make the monthly budget balance.

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  • Reply
    alexkazam alexkazam Oct 12, 2008 @ 2:27 pm
    Great lens- really comprehensive with some excellent tips and tricks. I have been developing some traffic to my lenses on making money, I think that affiliate sales is a great addition to the income stream.

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Mark Bennett here - financial writer, occasional golfer, and aspiring entrepreneur. (more)

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