December 12, 2024

Hurricane Nazarene

Elevating Your Business Success

Making Money in a Recession – Fast Easy Money All Around

Making Money in a Recession – Fast Easy Money All Around

One of the main issues that plague the youth of today is the inaccessibility of funds. A vast decrease in the availability of jobs have made it impossible for people in their early twenties to live comfortably. Hope does still exist. It is still possible to gain more than the amount of money needed to live comfortably.

Here are 6 Money-Making ideas to survive the recession.

1. Buy Low, Sell High

There are always opportunities to make extra cash. If there is something, ANYTHING, that you can buy that may be undervalued? Well, it is in your best interest to buy it. You can always resell the undervalued products. Don’t limit your possibilities and do as much research as possible. Comb though eBay, Craigslist, Google, Chic Thrift Stores and any other place where you can purchase items below market value. Look for items that you can buy in bulk that may not be available in your area and sell, sell, sell.

2. Sell Yourself

Do you possess any special talents that might be useful to someone else? Sell what you love to do! Create unique items and market them. Create Mixtapes for your friends. Teach kids how to play ball. Go grocery shopping for elderly neighbors, make a business of it. Be a personal trainer. Can you make beats? Learn How To. Do school assignments for someone else, especially if its something your good at. Stop being lazy, if there is something that you can make at little or no money and gain up to 500{3b63f2b93addb01cd0650b04902555609b90507e3f2ce2f684711c3a8631e3e2} profits, why wouldn’t you do it?

3. Plan Get Aways

You don’t have to travel far from home. Rent a limo, book some hotel rooms and tour the clubs of a close but popular hot spot. You can plan single night trips where you enjoy a night of VIP club hopping. Start with Dinner or a local event such as a concert. Buy tickets, hotel rooms and any other items in bulk whenever possible, add a unique element or theme to the event, plan parties for friends, but most of all keep your promises and have fun.

4. Hook it up

If you have connections to the right people, sell them. Put two people together for a cost. Charge a finders fee. If there is a tangible item (something physical) involved try to bargain with both the buyer and seller. If one of your friends has rims for sale and your other friend is looking for rims. Buy the rims from the seller for the lowest price at which they would sell and sell them to the buyer at a profit. Even if you only make 80 buck$, you didn’t spend a dime.

5. Educate Yourself

There is nothing better to do in these tough times than to educate yourself. Go back to school, learn a trade, pick up a hobby, join in on the ways your friends make money. Try to gain knowledge that will eventually make you money and make you indispensable. Don’t be scared to ask about things that interest you. Get your life in order by taking control of your mind.

6. Sell Your Stuff

Sell DVD’s you have finished watching. Sell old electronics sitting around. These are almost always immediate cash gains, and in order to get more, you have to make room for more. Let your Old Stuff go, learn to get exclusive quick by coming up fast. The faster you sell your things that are getting played, the quicker you can buy the newness. If you cant buy it for the low, then rent it, especially if your not going to keep it that long. If you have the intense need to stunt that hard, by all means do it with recycled money.