NEVER BE BROKE AGAIN – How To: $1,000 – Beginners Investing on a Budget
Here is how to start investing.
If you are on a budget, do this with your first one thousand dollars.
It can be from a tax refund, a generous birthday gift or remaining from your last stimulus check.
Put that money to good use.
📈 INVESTING IN STOCKS
📈 BUILD YOUR NET WORTH
💰 Investing in Crypto – Bitcoin + Dogecoin
📈 BROKERAGE STOCKS ON WEBULL & M1 FINANCE
💰 Manage Cryptocurrency using Coinbase
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LEVEL 1: Side hustle targets: $50-$150 per month. At this level you don’t have a lot of money so it’s all about side hustles with very little up front costs.
Side Hustle Idea #1: Starting a service based business. These are the little jobs no one really wants to do, so if you have good pricing and a great service you will get lots of customers, all you have to do is go out knocking on doors to find them!
Side Hustle Idea #2: Selling candy at school. A boy actually did this in the UK and was making over 50K per year! Wherever there is a demand, money can be made and at school there is always a demand for candy. You may have to check if this is allowed at your school but I didn’t I just got on with it.
Side Hustle Idea #3: Become a sports referee. This is a great side hustle as you are paid to stay fit, it keeps you mentally strong, as you have to make decisions quickly and you get to meet lots of interesting people. You can start as young as 14 years old and expect to make around $16 a game which isn’t too bad at all!
LEVEL 2: Side hustle targets: $250-$400 per month.
Side Hustle Idea #4: Become a tutor. If you aren’t great at school like me you may think that this option isn’t for you, then you don’t have to just teach school subjects.
Side Hustle Idea #5: Sell an extra add-on service. With any tutoring side hustle the money is limited to the amount of clients you can get and most of them only want an hour of your time. So it’s a good idea to find a way to sell something of value to your clients as well.
Side Hustle Idea #6: Dropshipping and it’s great for anyone that is good with computers and the internet.
Side Hustle Idea #7: Start a YouTube channel. It’s very competitive and it will force you to level up your video production and marketing skills!
LEVEL 3: Side hustle targets: $800 to $1.2k per month.
Side Hustle Idea #8: Selling your own products online. This would require you designing and manufacturing your own products but with your dropshipping knowledge the marketing should be easier!
Side Hustle Idea #9: Do social media marketing for other businesses. You can get paid a lot for helping businesses with their social media marketing as just by hiring you they are actually making more money instead of losing it.
Side Hustle Idea #10: Become a freelancer (graphic designer, photographer or videographer). A big market that comes to mind is wedding videos.
Side Hustle Idea #11: House Hacking. Save up for a downpayment on a Duplex house and getting a mortgage. A duplex has 2 separate living areas and the idea is that you are able to rent out one side of the house and live in the other.
LEVEL 4: Side hustle targets: aim to shift side hustles to make more passive income.
Side Hustle Idea #12: Rental Property, to this day it is one of my biggest passive income sources. It may take a bit of renovating to begin with but after that you are able to sit back and just manage the property.
Side Hustle Idea #13: Coaching others. At 30+ you will have gained lots of knowledge that is valuable . This could be anything!
CONTACT:
For business inquires only, please use this email:
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*The Info in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
#buildwealthfast #startinvesting #passiveincome
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