Money is used as medium of exchange on transactions that are being performed by people for their every day living.
In ancient times,
in place of money, common items with value had been used for bartering or exchange of goods for another one in particular. For example, yams may be exchanged for milk from cows.
With the evolution of time, bartering items started to posses an intrinsic value such as that of gold coins. At present, paper money has a value which corresponds to its stated amount.
People of today work to earn money to cover various living expenses. This may include payment for the rent or mortgage, utilities bills, education and other similar expenses. Some have may have more than three jobs just to cover said expenses.
There are various ways on how to earn money for whatever purpose an individual wants it for.
Below are some earning tips for which anyone may engage in to earn some extra money:
1. Garage sale. Putting up old clothes, furniture or toys for sale may be a great source of earning extra income. Likewise, this would give the occupants of the house extra space for which such old items used to take up.
Before putting up a garage sale, the individual must first choose the items to be sold. Some items may have a personal family value that cannot be reclaimed once sold.
2. Writing. Earning through writing can come in various forms and can fetch various amounts. This may range from a few dollars to millions depending on the material.
An individual must first choose the medium from which he or she would write at. For example, would he or she write a novel, a play, a news article or be a ghost writer?
This best suits individuals who do not like to be tied to an office for eight hours a day, and for some stay-at-home moms who have a knack in writing and would like to do some work during their free time.
3. Buy and sell. The easiest form of earning extra money can be through buying and selling of various items. An individual may purchase future collectibles such as toy cars, action figures or comics, for the intention of reselling the same after its value has increased.
Also, purchasing some items in bulk and reselling it retail may likewise be good since one can earn more through the discounts offered for bulk purchases.
For those who have large capitals, some engage in purchasing of houses. After repairs and renovations have been done, it would be resold at a much higher price, covering the expenses for the renovations and additional amount for the commission of the capitalist.
4. Service. Various services may be offered in exchange of a few dollars. This may include being a nanny to children for a couple of hours (common job for teenagers), waitressing for the local pub, house cleaning or car washing.
This may be one of the easiest money-earning activities since this would entails no, if not very minimal, capital. The only requirement would be knowledge of the service to be performed and enthusiasm to work.
After everything had been taken into consideration, an individual must also not forget to determine and set the goal as to how much is enough. If this is properly set, the individual will feel satisfaction and fulfillment even with the smallest amount earned.
