Showing posts with label estate. Show all posts
Showing posts with label estate. Show all posts

Tuesday, September 22, 2015

How to Make Extra Money if You're a Teacher (8 Steps)


*Look for seasonal employmentThe first thing you can do is look for seasonal employment in the summer. Many teachers are hired as 'temps' to do clerical work in offices. Other teachers I know work at country clubs or pools, or they work for outdoor painting companies. I also have known some educators who have started their own part-time businesses in landscaping and painting. A few of them continue work in the evenings during the school year, while others have summer-only businesses. Because tourist attractions often need more employees in the summer, teachers can work as tour guides, ride operators, or gift shop employees as well.
*Go into business for yourselfOne thing teachers can do in the summer is design crafts or projects and sell them at craft fairs. Because the initial start up of buying a cash box, fire extinguisher, displays, tent and folding tables (all of the things needed at fairs) can get expensive, it is often a good idea to go into business with someone else. That way you can take turns working the fairs and you can also have fun working together if you wish. I ran a tie dye onesie business for a few years that was very successful. When it became too much to do after I had a child, I sold tie dye onesies on consignment at local children's resale shops instead. There are lots of opportunities to make and sell items at resale shops including boutique bibs, burp cloths and baby barrettes.
*Resell items for moneyTeachers can make additional income by finding items at yard, garage, and estate sales. They can resell items at flea markets, children's resale shops, or on eBay. Some teachers save items all year and have a three-day holiday weekend garage sale, which can help generate some income for a fun vacation. I have also known a couple of teacher-gardeners who grew extra vegetables and maintained part-time vegetable stands over the summer.
*Work a retail part-time job for the discountsMany teachers work at retail shops in the evenings, being sure to limit hours and availability. Because retail clothing outlets often give a discount to their employees, the discount can help out with school clothing expenses.
*Become a part-time employee in the service or real estate industryin the There are also opportunities for teachers as part-time (evenings and weekends only) real estate agents. Additionally, some teachers opt to be part-time bartenders and servers. (Speaking from experience, I can tell you that it's probably best to wait tables outside of your district so you don't run into parents or students, which can be awkward!) I've known teachers who have worked as nannies, as pizza delivery drivers, and as house or pet sitters.
*Sell products at home partiesTeachers have the opportunity to sell products at in-home parties for companies such as Pampered Chef, Lia Sophia, Avon, Mary Kay, Party Lite, and Silpada. They can book parties as little or as often as they wish, and many products can also be sold to fellow teachers at school.
*Work at an education-related part-time jobThere are some more traditional teaching-type jobs that teachers can hold part-time. They can advertise as tutors in the paper, on Craigslist and at grocery stores. They always have the option of working at a tutoring center such as Sylvan or Kumon. If they have good writing skills, they can edit papers for college students by posting ads on university campuses. (A good brochure offering your editing and revising services is a good idea. You can also expand and offer to help with resumes and business letters.) Also, teachers can hold summer book clubs for profit by advertising in their neighborhoods. (Pick a book and an age/reading level, and hold discussions and serve snacks in your home.)
*Cater to your co-workersOne last very creative idea I've seen is to offer a boxed lunch on Fridays to your colleagues. Since teachers often can't leave for lunch, a lunch treat on Fridays is an easy sell to fellow teachers. (Of course, you'll need to get permission from an administrator to do this first.) Place a menu and sign-up sheet in the teacher's lounge a week ahead of time. Offer one choice to keep things simple and expand later once you get the hang of it. Packaged or box lunches containing a dessert, sandwich and two sides can be sold for $7 or $8--or possibly more. Ideas include fresh fruit, pasta salad, a serving of caesar or mixed green salads, dessert bars, chicken salad croissants. By posting your menu and sign up a week ahead of time, you'll be able to determine how much and what to buy. Be sure to wrap boxes well to make them appealing--grosgrain ribbon is nice and relatively inexpensive in bulk. Write the name of each customer on your boxes and place in the teacher's lounge refrigerator for people to pick up. That way you don't have to worry about delivering them. It's easy and teachers love it!
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Thursday, September 10, 2015

How to Get Royalties Checks (4 Steps)


Compose musical compilations or books to get royalty checks . Money you earn from music are sometimes called mechanical royalties. You must either negotiate an agreement with a publishing group or start your own publishing venture to distribute your creations. In either case you must maintain some rights to your work in order to receive royalties. Each time a customer purchases your book or music you receive a payment.
Invest in real estate as another method of securing royalty checks. In this case the royalty checks are the rent payments that you receive each month from tenants. This is a common yet riskier way to seek royalties compared to other options because you take the chance of nonpayment by tenants and the depreciation in value of the property.
Establish an affiliate arrangement to get royalty checks. In an affiliate arrangement you advertise another company's goods or services in exchange for a percentage payment on each sale. This arrangement can continue into eternity assuming you maintain a contract with the business. Online affiliate services connect you to interested companies. In addition to receiving direct royalties from the items you directly refer to customers, some affiliate programs also pay you for referring other affiliates to the selling program.
Use your skills as a photographer to get royalties on a perpetual basis. You can make royalty money from selling the rights to your images as royalty-based stock photos or by creating publications displaying your photography. Some web-based services also create prints of your photographs to distribute as posters, sell them on your behalf, then send you royalty checks for each sale.
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Friday, September 4, 2015

How to Create Passive Income


Raise your money consciousness. To create passive income, you need to think about money in new ways. Be willing to explore avenues that you may not have in the past. Read books and consult experts if possible. Stay open-minded and upbeat.
Invest in rental property. This is probably the most common way to create passive income. Look into programs for first time buyers or real estate investors to help you get started. Don't worry if you're not in a position to pursue this option; there are other opportunities to create passive income.
Sell information products. Everyone is an expert on something. Leverage what you know. Marketing your own info products requires little to no startup cost and has major returns. You can also market other people's information products.
Become a network marketer. There are many programs available. Take the time to weed out scams and find the best program for you. Be sure to get involved with something you truly believe in.
Put your money to work. Don't overlook the importance of managing your money. Check out high-yield savings accounts, CDs, mutual funds and other investment vehicles.
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