Monday, March 16, 2009

How to Make Money from $0

If you are determined to make some money, but have nothing to start with, here are my best recommendations. This article will give you detailed steps to earn a small amount of seed money. I then recommend investing in currencies, stocks and real estate once you have some money built up. This is a great plan for stay at home moms. This plan assumes you have no money and cannot work a conventional job.

You will need at least $250.00 to invest in currencies and at least $500.00 to invest in the stock market. I have written articles about both, so look them up after you have the money available. My first suggestion for pulling together seed money is a garage sale. Clean out your garage and sell everything that you can. Put up signs that are large and clear directing your buyers to your location. Put an ad in the newspaper for maximum results. Remember you are trying to sell not keep, so put the prices low and be willing to negotiate. As soon as you get some money in your hands, you can turn it into more money. It is also very Feng Shui to clean out your stuff. Get rid of everything you can. You can also prepare ahead of time by going to friends and neighbors and asking if they have anything they want to get rid of (that they were intending to donate, etc.), tell them that you are trying to raise money to better yourself.

My second suggestion is babysitting or mowing lawns. Just about anyone can babysit. This is a great one for stay at home moms because you are already doing it, you might as well get paid for it.

My third suggestion is selling through direct sales. I do not recommend a career out of it but you can sell for a couple of weeks and easily make $250-$500 that you will need to get started in currencies and stocks. Some direct sales companies, such as Partylite, do not required you to pay for your kit to get started. Unless you are really into candles, you may want to try Pampered Chef, Tastefully Simple or Longerberger.

This is my least favorite recommendation because I do not think that eBay is a good choice for most people, but if it is the only thing that you can do right now, then sell your items on ebay. Sell your used items or make some easy at home crafts such as candles.

Once you have your seed money, invest in currencies or the stock market. Please see my other articles to get started in these areas. It takes so little to get started. I know you can do it. Email me if you need help or motivation!

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