Tag: have more than one streams of income!

7 Ways to Increase your Income

You’re building your career and figuring out your future; amidst these processes, it’s likely that you’re encountering some periods where opportunities to make a little extra money would come in handy. Have you been saving up to buy something expensive, like a car or a house? Or maybe you simply want to have an emergency fund in place. Whatever your goals, there are lots of ways to save more on your budget by looking for ways you can make some extra money. Here are seven ways to increase your income.

Side Business

With a side business, you have another source of income. While it won’t make up for the loss of a lucrative day job, it can go a long way toward helping you as you look for another job. Plus, you can use the extra income to build up your emergency fund for just these situations.

Voiceover Work

Voiceover work is a way to make extra money by having your voice recorded.

How to Make Money at Home Using Your Voice

  • Voice Overs for Videos. One of the most popular at-home jobs using your voice is to voice over for videos.
  • Voice Overs for Commercials. Voicing commercials is another way you can make money at home using your voice.
  • Sell Radio Ads.
  • Create Audio Books.

Make money from your hobbies

If you do something you love, it can be turned into a new stream of income.

Here are 12 Profitable Hobbies that make money

  • Writing
  • Illustration and design
  • Music
  • Cooking
  • Gardening
  • Photography
  • DIY crafts
  • Comedy
  • Coffee
  • Memberships
  • Brewing beer
  • Gaming

Share your Ride

You can apply for Uber or other rideshare companies if you have a reliable vehicle and a good driving record.

Sell clothes online

The way to bring in extra money is by listing your old clothing on an online platform like Poshmark.

Online Surveys

Many companies are hiring people to answer surveys, so you can increase your income by doing them.

Share skills

Suppose you have any unique skills. You can share your skills online like Upwork, Fiverr, and others to increase your income.

Don’t forget to like, share and comment.

How to Trade Options in The Stock Market: A Beginners Guide to Make $100 a Day | with Low Risk Day Trading

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Hi all and welcome to my Website/blog Ingramuniversal.com. I appreciate the fact that you have taken time out of your day to scroll through. Be sure to follow and subscribe to get to the latest info on Investments and Personal lifestyle. By clicking the social media icons you can share our posts, we have Facebook, Instagram, Pinterest and many more. Don’t forget to like and comment!

It’s currently day 27 of waking up to the same exact routine of being home and pacing around the house looking for something to do. Since we’ve been in a state of inertness, I’ve been able to learn more and more each day. One of the most intriguing things I’ve learned since being stuck on the couch, has been day-trading.

What is Day Trading? Day Trading is known as the art of buying and selling equities or stocks in a short time usually a day. The goal is to earn a small profit on every trade.

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Each day I’ve been able to profit at least $80 to $100 day trading stocks that are affordable and I know well. Day trading can be risky but only if you’re trading money that isn’t yours, it’s not as if we work on Wall Street and make tons of money. So let’s be realistic, trade with an amount that your comfortable with. Not with an outrageous amount, an amount that if you lost it you would go crying to your mommy about it… I tend to use only about $30-$70 of my own money buying call options, it’s always best to buy in the money. Meaning your break even percentage is extremely low so it doesn’t take a long time to profit. You simply buy a call option only if you believe that the stock is going to rise. I typically buy 1 contract every trade. If you don’t know what a contract (click the link above for a full description). A contract is 100 shares of a single stock. If you buy 2 contracts your purchasing 100 shares of a stock, so be mindful of what stocks you choose. The market may go down rather quick, and your portfolio could drop to zero. This is where cancelling your contract comes into play. You are able to cancel at any given time, so if you feel like you’ve made a bad move, Exit the contract. Timing is always key, buy at the right moment and you may make yourself quite a pretty penny.

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Buy the dip, and exit quick. The best time to buy an equity, is when its hitting its bottom or the dip. Stocks are known for quick jumps up after being in the red, this is the best time to buy in. Once your in the money, or making your profit you’re able to cancel your trade at any time. I try not to play around and wait to get the most gains possible, that would be a buy and hold strategy, with options you want to get in and get out. Make your money, exit, and repeat. You can easily compound your money this way, just remember keep your trades reasonable by spending what you can afford to lose. A book that i suggest for you to read is How to trade options: A complete guide for beginners. This will guide if you have any unanswered questions, also feel free to ask away down below in the comment section.

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After much practice you can find a stock that your profitable with and continue to trade it over and over. The stock that has been my winning stock has been MFA, a real estate investment stock that is at its 52 week low, and with recent good news it has been ticking up slowly. Who knows perhaps after a few days trading this may take over your mornings and start day trading for a living. It never hurts to have more than one streams of income!