3 Ways to put an extra $12,000 in your pocket every year.

Dog and coffeeAs the end of each year approaches, and the holiday season looms, most of us come up a little short.

We wish we had a little extra money in our pockets. More to save. More to spend on our families over the holidays. And more of a cash cushion so we can sleep better at night.

An extra $12,000 – one thousand more each month – would certainly make a big difference. In fact, for many of us, that extra thousand dollars a month would change our lives.

So how can we do that? Really, there are only three ways.

1. Put an extra $12,000 in your pocket by spending less.

Yep…spend a thousand dollars less each month.

For some people that simply wouldn’t be possible, however much they cut back on luxuries and even some essentials.

For others it’s possible, but not fun.

Like me, you’ve probably read stories about people who have deliberately taken drastic action to live like paupers and save a ton of money in the process. That’s not for everyone, especially if you have children.

That isn’t to say we can’t cut back on some of our more wasteful spending. But you’re unlikely to save a thousand dollars a month.

2. Put an extra $12,000 in your pocket by getting a second job.

Millions of people take this route. Sometimes it means working a second shift. Other times it means taking on a part-time job in the evenings or at weekends.

That’s a tough life.

Of course, new opportunities like Uber and Airbnb have given millions of people the opportunity to make extra cash by becoming “taxi drivers” or renting out rooms in their homes.

That can be a great option for some people, but certainly isn’t for everyone.

And that brings us to our third option…

3. Put an extra $12,000 in your pocket by monetizing your hobbies.

That may sound a little weird.

I can explain what I mean best by using myself as an example.

I’m a bit of a coffee nut. It’s my thing. Making and enjoying coffee is fun for me. It’s a hobby.

Almost 10 years ago now I began writing about making gourmet coffee at home. My intention was to chronicle my own journey and share tips, tricks and best practices with other coffee lovers. I’m still doing that today.

But I didn’t choose to share my enthusiasm and knowledge through Facebook or any other social platform.

Instead, I created my own website – CoffeeDetective.com.

That proved to be a key decision. Because my coffee site now gives me a steady stream of passive income.

It puts a lot more than a thousand extra dollars in my pocket each month.

More like somewhere between $2,500 and $4,500 thousand a month, depending on the time of year.

It’s getting close to making me as much as a second, full-time job would.

But the difference is, it’s still just a hobby.

I work on the site only when I feel like it, usually during the evening and at weekends.

I have total independence. Total flexibility. And I only write the stuff I want to write.

No boss. No schedule. Total freedom.

How does my website make money? In general terms, I make money through various forms of advertising on the site pages. I’m also about to start publishing some downloadable guides to coffee making, which should add to my monthly income.

Best of all, this income is passive. That is to say, once I have put an ad on a page, or created an ebook for download, my work is done. After that it’s all automatic. I don’t have to sell anything. No shipping hassles. No trips to the post office.

I can go on vacation for two weeks, and the money will still keep pouring in.

Could this be YOUR ticket to an extra $12,000 a year…or more?

Absolutely it could.

In fact, I have been teaching my “money-making websites” method to other people for years now. Hundreds of them are already making a steady flow of monthly income through their own websites.

This is absolutely something you can do.

You can get started right now if you want, on your own. Or you can accelerate things dramatically by taking my program, “How to Write Your Own Money-Making Websites”.

This is a comprehensive home-study program that takes you through the process of choosing your topic, creating your site, developing your content and integrating a variety of monetisation methods.

The program also includes 7 weeks of live webinar training.

How to Write Your Own Money-Making Websites is published by American Writers & Artists Inc. You’ll find their information and sales page for my program here.

Imagine – a year from now you could find yourself with that extra $12,000 in your pocket!

 

About the author: Nick Usborne is an online writer, copywriter, author and coach.

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