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Working full-time is one of the most active sources of income. It is not uncommon for people who already have a job to want extra income. Problems occur when time and physical strength do not allow you to do other work.
7 ways to make a lot of money
So, how do we secure a second source of income? There are many ways, but even one of them can earn passive income. Read more below! Let's
1. Become a partner for small business
Small and medium-sized businesses usually do not require much funding because the market coverage has not yet spread. But behind that, the small business also wants to increase sales, one of which is capital increase, so you can help in this. You can also inject their capital with colleagues who are doing small businesses.
You can become a passive partner and invest some of the funds you use for their business. Profit sharing can be done in accordance with the agreements you have made with your partner.
2. become a freelancer
Every skill you have is an asset to generate larger financial resources. It can be sold as a service to people who need their skills. For example, if you have writing skills, you can sell article creation services for blogs and other platforms. Or, if you have graphic design skills, you can sell design services.
The payment you get usually depends on the time you are flying. The better the portfolio you have, the bigger the wages that the client will have to pay to get your service. In the midst of technological development today, you can easily find many freelance projects on the Internet. You can start with Fiverr, Upwork, or a local platform.
3. Building Passive Income with Blogs
Did you know that the job of a blogger is now very promising?
By writing about your hobbies, such as cooking, traveling, and technology, you can earn a passive income. Armed with interesting sentences about the hobbies you have, your blog will become visited by many visitors.
After your blog has become a lot of visitors, you can start selling advertising services on your blog or writing articles to promote products and services. Any activity you do on your blog will make it easy to earn money. Of course, to do that, you need your tenacity to always keep providing interesting content.
4. become an online seller
Follow the current trends and get big profits. One of the current trends is to sell online through social media and existing marketplaces. You can take advantage of this trend to become an online seller of several products.
For example, if you sell your product in the form of a diet drug that can be sold for a profit of 50,000 IDR. per product, you can sell 3 products per day.
In other words, the profit obtained in 30 days will reach INR 50,000 × 3 × 30 = INR 4.5 million. It is very attractive not only for online sales, but also to be able to gain up to INR4500,000 profit in a month.
5. Leverage IT Capabilities
If you have IT skills such as developer apps, website developers, and programming, you can take advantage of that ability. Surprisingly, the wages for this IT-related job are quite high.
Here is an example: To create a website, wages of INR 10 million to INR 20 million are usually paid.
6. start investing in
The most important thing to increase funding is to invest. The sooner you start raising funds, the greater the success. Type of investment
investment in gold
Gold is a type of investment that has long been widely used in society.
In fact, gold is usually called a safe haven asset, which means there is no risk of losing its value in the turmoil of financial markets. What makes gold investment attractive is that the risk is very low.
Not only that, you can physically see the goods and get proof of the owner. But, of course, storing physical things is not always safe, and more storage space must be provided. Gold can be bought and sold from IDR1,000 without deducting the management cost.
Forex trading
Every day, billions of dollars are exchanged in FX, which is very important in the economy. Companies, governments and investors are the people who use FX.
The basic idea of FX investment is to purchase a certain amount of foreign currency and sell it when the price is higher than before.
Investing in Property
Real estate is the same as precious metals because it is a property that is physically held and visible.
When investing in the real estate sector, you need to consider whether you want to earn rent or get a higher price for the sale at a later date. Also, to start raising funds in the real estate sector, you need to prepare a large amount of funds.
7. Real estate investment
Real estate is the same as precious metals because it is a property that can be physically held and seen.
When investing in the real estate sector, you need to consider whether you want to earn rent or get a higher price for the sale at a later date. Also, to start raising funds in the real estate sector, you need to prepare a large amount of funds.