Three Basic Ways to Make Money

Three Basic Ways to Make Money

There are a thousand or more ways to make money, but they can be roughly classified into three categories. These are fast ways to make money, basic ways to pay the bills and long-term wealth-creation strategies involving building a business. Lets take a quick look at the three, based on the assumption that you are starting from a desperate position with no money. If that is not the case, you can skip ahead to the “paying the bills or “wealth creation” part.

The instant-cash ways to make money can be further divided into three categories: turning assets into cash, borrowing, and making money. The first is about selling whatever you have. Almost everyone has something that isn’t really needed and can be converted into cash. This might be a CD collection, a bunch of tools that are never used, an office full of books or something else. You have eBay, pawn shops and friends as potential markets, although the latter two are easier and faster.

Borrowing can also be done at a pawn shop, in which case even things you don’t need can be converted temporarily into money. You might also have a car you can borrow against, a home that can be used for a second mortgage loan, or credit cards that you can use for a cash-advance. None of these are ideal ways to raise money, but provided you have a plan for repayment they are better than nothing. You might also borrow from family and friends.

The third instant-cash method is finding jobs or businesses that pay quickly. For example, if it is winter and it just snowed, you might borrow a shovel and make 0 cleaning a few driveways today. Friends or acquaintances may need yard work done, or other work they’ll pay cash for. You could go out and cut a dozen small trees and carve them into walking sticks by this afternoon, wholesaling them to a gift shop for .50 each to make a cool 0.

Once you solve your immediate cash shortage you can move on to paying the bills. That means getting a job or starting a small business. If that snow shoveling worked out you can do that until the landscaping season starts. Otherwise you can move building to building asking if they are hiring (seriously, this works–do it day after day and you won’t go a month without a job).

Long term ways to make money are all about real business. A solid business is not a job where you happen to be the boss of yourself–that can be as bad as working for other people. A good business allows you to eventually run the business itself rather than do all the work within the business. This is why you have to charge per hour for trimming trees, for example–so you can eventually pay an employee per hour and still make a profit. If you want to avoid having money problems in the years to come, this is a worthy goal. The instant-cash ways to make money and the ways that just pay the bills are just steps on the ladder of financial success.

Copyright Steve Gillman. Learn more Ways to Make Money, and get free money-making newsletters and courses at:

Article from

101 Ways to Make Money at Home by Gwen Ellis - 1996 hardcover

End Date: Friday Jan-19-2018 10:24:18 PST
Buy It Now for only: $1.99
Buy It Now | Add to watch list

Best Ways to Make Money by Chakrapani, Chuck
End Date: Monday Feb-5-2018 12:12:24 PST
Buy It Now for only: $16.08
Buy It Now | Add to watch list

1,001 Ways to Make More Money as a Speaker, Consultant or Trainer: Plus 300 Rain
End Date: Tuesday Jan-16-2018 9:23:02 PST
Buy It Now for only: $6.99
Buy It Now | Add to watch list

75 Proven Ways to Make Money Between Jobs
End Date: Saturday Jan-27-2018 5:25:14 PST
Buy It Now for only: $10.09
Buy It Now | Add to watch list

One Thousand Ways to Make Money (Hardback or Cased Book)
End Date: Monday Jan-29-2018 19:09:39 PST
Buy It Now for only: $35.67
Buy It Now | Add to watch list

365 Ways to Make Money: Ideas for Quick $ Every Day of the Year
End Date: Monday Jan-29-2018 21:44:56 PST
Buy It Now for only: $24.92
Buy It Now | Add to watch list :: 25 Ways to Write For Money
Discover 25 ways to get paid as a writer – from writing ebooks to copywriting to freelance articles to greeting cards and resumes. :: 25 Ways to Write For Money

“Funemployed” a new web series by Wong Fu Productions and KevJumba Making videos isn’t as easy as they thought. Time to find an alternative way to make money. Selling old junk! Follow Jason and Kyle on their journey through unemployment as they discover what their friendship and chasing dreams really mean. Behind the scenes commentary, Outtakes, and deleted scenes HERE: New episodes every Tuesday and Friday **Made with no budget and no crew =P FEATURING Kina Grannis – Conor Barrett SPECIAL THANKS Regina Fang Philip Tran MUSIC by David Choi – Far East Movement – “Girls on the Dance Floor” DEV – “Fireball” SUBSCRIBE Support- New Episodes – Special Features – FACEBOOK TWITTER OFFICIAL http STORE
Video Rating: 0 / 5

Question by Jazzyandmarmar: What are good ways for teens to make money?
We are looking for some ways to make money, but relatively quickly. Our parents refuse to pay us to do work for them, and yard sales, bake sales, and any money making over the internet is prohibited. We’re 13, so too young to get an actual job, and babysitting and yard work opportunities are few and far between. If anyone has a suggestion on what we could do, we’d really appreciate it!

Thanks so much!!
Please look above everyone. Did you not see the OUR PARENTS WILL NOT LET US MAKE MONEY ONLINE?

Best answer:

Answer by Pam
I believe you can get a job online for free. I do surveys and play games to get extra cash and gaming prizes. look at my source website for information.

Know better? Leave your own answer in the comments!