Monday, October 23, 2006

3 Ways of Generating Extra Income At Home


There are times in everyone's life when they want to generate extra income. It may be for a particular holiday, special gift or even to pay off the credit card debts.

1 - Spare Room
Do you have a spare room that you could let out? There are a lot of costs to be taken into consideration with doing this however it may be worth it in the end as there are generally some tax concessions allowed. Contact your local tax office and council office to find out the implications of doing this.

If your home is near a hospital it may be worth advertising within the hospital as many nurses will already be looking for accommodation. The same goes with local colleges but you have to make sure that the timing is right. Students don't generally change accommodation during their course year. Local businesses may also have people looking for accommodation just for during the weekday nights.

2 - Writing
If you enjoy writing, why not write some articles for your local paper or magazine. This would help build up your confidence in writing and within weeks you could be selling your articles to national magazines and newspapers. Many magazines offer money for personal stories or funny jokes etc. Readers Digest is just one of these.

3 - Selling Products
Everybody knows that you can create a business by selling on eBay but not everyone has the stock available to do so. Now there is a way you can do it at CafePress.
You can design your own tee shirts, hoodies, tracksuits and many other items to sell, without having to do anything other than giving your own artwork to a company, letting them print it for you and then they posting it direct to the customers with your details?
This has to be one of the most inspiring creative web business opportunities available and don't forget all with no upfront costs and no inventory to manage. Have a look at CafePress now.

That is just three way! Can you suggest any other ways?


Aine Callan
Debts-Challenge