Comments on: The 3 easiest ways to earn more money http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 12 Feb 2012 18:46:58 +0000 hourly 1 http://wordpress.org/?v= By: Amarpal http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-123675 Amarpal Fri, 14 May 2010 01:28:52 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-123675 The easiest way to earn extra income is to have double income. This strategy is very simple. You marry a qualified woman and help her to get the job. You have great options as couple. If you are working full time then she can start home based baby sitting business. The easiest way to earn extra income is to have double income. This strategy is very simple. You marry a qualified woman and help her to get the job. You have great options as couple. If you are working full time then she can start home based baby sitting business.

]]> By: Bombarding Myself with Information in Hopes of Change « The Book of Czi http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-122393 Bombarding Myself with Information in Hopes of Change « The Book of Czi Wed, 10 Mar 2010 05:31:00 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-122393 [...] The result? There’s amazing content in the course alright. Freelancing is not necessarily an easy route, but it is supposedly faster than productizing and more rewarding  than getting a higher salary. [...] [...] The result? There’s amazing content in the course alright. Freelancing is not necessarily an easy route, but it is supposedly faster than productizing and more rewarding  than getting a higher salary. [...]

]]> By: Steve Burford http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-121686 Steve Burford Fri, 29 Jan 2010 22:11:21 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-121686 Just wanted to say great stuff, just bought your book and love it : ) Just wanted to say great stuff, just bought your book and love it : )

]]> By: Russ http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-121411 Russ Mon, 25 Jan 2010 07:44:33 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-121411 I have written over 100 lyrics and poems. I could use this talent to earn some money. I have written over 100 lyrics and poems. I could use this talent to earn some money.

]]> By: Gabriel http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-121407 Gabriel Mon, 25 Jan 2010 04:45:45 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-121407 Hi Ramit, I can't see the whole graphic - could you please re-post? Thank you very much! Hi Ramit, I can’t see the whole graphic – could you please re-post? Thank you very much!

]]> By: Linette http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-121331 Linette Fri, 22 Jan 2010 14:30:21 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-121331 I'm really loving these articles so far. Thank you for the hard work you are putting into this. :) I’m really loving these articles so far. Thank you for the hard work you are putting into this. :)

]]> By: WebWidgets http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-121210 WebWidgets Wed, 20 Jan 2010 16:52:37 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-121210 I loved your graphic and how you broke the topic into very clear and distinct areas. I loved your graphic and how you broke the topic into very clear and distinct areas.

]]> By: Kevin http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-121168 Kevin Tue, 19 Jan 2010 20:53:06 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-121168 I agree, the best way to save more money is to EARN more money. My wife and I used to argue incessantly about all the little things we did that costed money. The funny thing about it is, the more money you make, the easier it is to make more money. I believe it is linked with what Ramit calls 'barriers', ie. when you make little money, you psychologically program yourself to not be open to making much more than that. Our income has increased almost exponentially from 40K to over 190K) over the past 4 years due to focusing on excellence, asking for more responsibility (my wife), and doing outside consulting (myself). Earning more money, while keeping expenses mostly the same, is the ticket to having LOTS of savings available. Great article Ramit! I agree, the best way to save more money is to EARN more money. My wife and I used to argue incessantly about all the little things we did that costed money. The funny thing about it is, the more money you make, the easier it is to make more money. I believe it is linked with what Ramit calls ‘barriers’, ie. when you make little money, you psychologically program yourself to not be open to making much more than that. Our income has increased almost exponentially from 40K to over 190K) over the past 4 years due to focusing on excellence, asking for more responsibility (my wife), and doing outside consulting (myself). Earning more money, while keeping expenses mostly the same, is the ticket to having LOTS of savings available.
Great article Ramit!

]]> By: Simon http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-121147 Simon Mon, 18 Jan 2010 22:12:53 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-121147 Ramit, you forgot one thing when taking into account working for a higher salary. Im not sure how the tax system works in the states, but surely you have to consider the tax implication for working more just to purely increase your disposable income. Since Im an Australian, we work off a progressive tax system i.e. you get taxed higher for the higher income you earn. I think people should also consider tax situation specially when considering doing freelancing and higher income. Is the extra 4 hours of work, worth an extra $2k a year i.e. $38 a week? Food for thought Ramit, you forgot one thing when taking into account working for a higher salary. Im not sure how the tax system works in the states, but surely you have to consider the tax implication for working more just to purely increase your disposable income.

Since Im an Australian, we work off a progressive tax system i.e. you get taxed higher for the higher income you earn. I think people should also consider tax situation specially when considering doing freelancing and higher income.

Is the extra 4 hours of work, worth an extra $2k a year i.e. $38 a week?

Food for thought

]]> By: Leo http://www.iwillteachyoutoberich.com/blog/3-easiest-ways-to-earn-money/#comment-121122 Leo Mon, 18 Jan 2010 02:19:19 +0000 http://www.iwillteachyoutoberich.com/?p=4390#comment-121122 I don't agree with all of the cons listed for productizing. If you create a great product, it will shine among the crap products. Customer acquisition doesn't have to be too pricey, either. Instead of payment processors, you can go with paypal like a lot of internet marketers do. Also, until you come up with your own product, you can try affiliate marketing. You can pick up a popular, highly converting product from a digital product marketplace such as clickbankl and paydotcom, download some nice free report related to its niche, and give that away as a bonus if they puchase from your affiliate site. You can gewt people to opt-in to get the freebies, collect their email addresses (an autoresponder such as aweber, which Ramit also uses costs about $17/month) and upsell other products to them later. Web hosting can be as cheap as $4.95/mo and a domain registration is less than $10. It costs next to nothing to set the whole system up and start selling. Once you build a sizeable mailing list, you can promote your own product to your list. You can also learn to do keyword research, find hot niches with very low competition, launch some blog sites related to those niches, post aa bunch of informative articles, monetize the blog by sprinkling affiliate links and adsense in it, once you get some traffic and $1-$2/day income turn it around and sell it for a decent profit on flippa.com. I have seen such sites sell anywhere between $300 and $1500 on flippa. If the site has potential to bring more income, you can sell it for the higher price. Rinse and repeat, make 50 sites like that, and you won't need a day job again. You can take this very comment I wrote, add some more information to it, turn it into a nice pdf report and start building your list in the internet marketing niche, for example. All of the work will not take longer than a few hours of your time :) I don’t agree with all of the cons listed for productizing. If you create a great product, it will shine among the crap products. Customer acquisition doesn’t have to be too pricey, either. Instead of payment processors, you can go with paypal like a lot of internet marketers do.

Also, until you come up with your own product, you can try affiliate marketing. You can pick up a popular, highly converting product from a digital product marketplace such as clickbankl and paydotcom, download some nice free report related to its niche, and give that away as a bonus if they puchase from your affiliate site. You can gewt people to opt-in to get the freebies, collect their email addresses (an autoresponder such as aweber, which Ramit also uses costs about $17/month) and upsell other products to them later.

Web hosting can be as cheap as $4.95/mo and a domain registration is less than $10. It costs next to nothing to set the whole system up and start selling. Once you build a sizeable mailing list, you can promote your own product to your list.

You can also learn to do keyword research, find hot niches with very low competition, launch some blog sites related to those niches, post aa bunch of informative articles, monetize the blog by sprinkling affiliate links and adsense in it, once you get some traffic and $1-$2/day income turn it around and sell it for a decent profit on flippa.com. I have seen such sites sell anywhere between $300 and $1500 on flippa. If the site has potential to bring more income, you can sell it for the higher price. Rinse and repeat, make 50 sites like that, and you won’t need a day job again.

You can take this very comment I wrote, add some more information to it, turn it into a nice pdf report and start building your list in the internet marketing niche, for example. All of the work will not take longer than a few hours of your time :)

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