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Tuesday, March 21, 2017

The 3 easiest ways to make more money

Ramit Sethi · February 10th, 2017


These are the 3 best and easiest ways to make more money. Finally learn the basics of earning more and increasing your personal wealth.


In the seemingly infinite universe of ways to make more money. there are really 3 easy ways to make money that are relevant to you.


Learn these three core methods and you’ll know 90% of the basic options to make more money.


Most people who say it’s impossible to make more money don’t realize this. Some insist that it’s flat-out undoable, while others take an all-or-nothing approach. “You’re not going to invent the next Google, so what’s the point.”


Quiz: What is your earning potential? Choose the answer you agree with the most

If I work hard, I can always earn more money


I am not in full control of how much money I make


M aybe you won’t make a billion dollars this year but how would an extra $1,000, $5,000 or $10,000 a month change your life?


In reality, there are 3 easy models virtually anyone can use to make more money:


Freelancing Productizing Getting a higher salary

Let’s cover them so we can have a shared understanding of how to earn extra money before we go into more detail.


(Thanks to Rasteroids for the great design. Need a designer? They do amazing work!)


To recap:


Freelancing – Freelancing is taking your skills and turning them into income. Freelancers usually work on an hourly basis. Productizing – When you productize your knowledge, you create a product that can generate revenue even while you’re sleeping. For example, my book is a product. So is Scrooge Strategy. While products can generate passive revenue, they’re also higher risk, because you’re never sure how many people will buy them. Getting a higher salary – Since the vast majority of us earn our primary income from our job, this is an obvious strategy. Obvious — yet few of us do it. You can earn a higher salary by improving your skills at work and translating that into more responsibility and a higher salary, switching jobs, or switching entire industries.

Bonus: So many of you wanted to learn more that I created a massive 7-part guide to making money online. From finding an idea, to your technology toolbox — it’s all covered. Get your copy now.

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