But for now, I’m going to break down 3 ways you can start making money online without showing your face down below.
For those who are new to the online money-making game:
Yes you can become an influencer without showing your face, I know many and will show you how.
Yes you will have the opportunity to make money while you sleep.
And yes you will (with time) have the time and financial freedom to spend your day and money however you’d like.
Quick facts:
I made my first $10 online writing music reviews on a website I created in 2019.
I also started to generate around $300 per month selling merchandise on eBay as a side hustle.
Then I created my blog in 2020 which now receives around 2 million views per month and generates 5-figures monthly.
Now, let’s get to it.
How To Make Money Online Without Showing Your Face
Making money online without showing your face is something anybody can do, but especially you.
The fact that you have landed here shows effort and a willingness to start.
And if I’m being honest, that’s literally all it takes, that same consistency.
Now, there are 3 major ways on how to make money online without showing your face.
Podcasting – What I love about podcasting is that you don’t necessarily have to show your face since the content is being consumed in audio format.
YouTube Shows/Series – Creators are making money online without showing their face on YouTube by creating shows or series that don’t necessarily involve being in front of the camera.
Blogging – Blogging is all about writing. This is a great way to build an online presence without the world having to hear your voice or see you on screen.
Chances are you want to make money online without showing your face because you’re an introvert, I’m one myself!
A smaller percentage of you simply don’t want the fame and are more private, though you wouldn’t necessarily consider yourselves an introvert, and that’s cool too.
But how do you make money online anyway?
In my book “Unlock Your Personal Brand” I go over what the best online method for you may be and also walk you step by step on how to start as early as today.
However, for the sake of this blog post, I will summarize some of the key points just for you.
Last month I made nearly $65K online without showing my face just from ad revenue.
Whether you decide to start a blog, a podcast, or a channel, you will want to start making money through ad revenue first.
How to make money online without showing your face.
What’s incredible about making money online and why it’s such an attractive career today is because of the massive leverage creators have at their disposal.
Whether you run a blog, podcast, or YouTube channel, you have the ability and tools at your disposal to get paid by millions upon millions of people for only creating a piece of work once.
This is what is known as ‘leveraged income’.
It’s when you create something once and get paid for it multiple times.
That’s the power of online leverage.
How To Start Making Money Online
The first thing you have to do to start making money online is identify which platform you will be taking on.
You can start a blog with Bluehost, create a podcast, or start your very own YouTube channel to start making money online without necessarily having to show your face.
The second step is to monetize your blog, podcast, or YouTube channel with ads.
For a blog, you’ll want to start with Google AdSense. For a podcast, you’ll want to sign up with PodBean.
And for YouTube, you’ll need to first reach 1,000 subscribers and 4,000 hours of watch time to qualify.
How Much Money Can You Make Online?
Honestly, there is no limit to how much money you can make online due to the massive leverage at the disposal of content creators.
You can make as much money online without showing your face depending on how many hits your platform receives.
Can You Become An Influencer Without Showing Your Face?
Absolutely. More and more people are becoming influencers on social media without showing their face.
The key here is knowing how to position yourself to achieve this goal.
In my book “Unlock Your Personal Brand”, I go over in detail how to market and promote yourself to attain the online success you desire.
Anyone can start a blog, a podcast, or a YouTube channel.
However, your work needs to be seen and heard for your success to grow.
My blog only received 8,500 views its first year. In my second year, the blog received 3 million views.
Nearly four years after starting, my blog has amassed more than 12 million all-time blog hits from the time of this publication.
I quit my job during my second year and never looked back.
I often tell my fiancé, “more people need to live like this.”
Believe me when I say that if I could do this, you can do it too.
Last month I made a whopping $65K online without showing my face and the only way to describe how I feel is grateful.
If you’re serious about learning how to start this new journey, I highly recommend reading the gems in “Unlock Your Personal Brand”.
It’s only $12 but my readers get a discount using code: THENEZ.
Here you will identify how to make money online from scratch, via a platform that best suits you.
You will learn how to market your brand to the world.
How to build relationships that will exponentially grow your platform.
How to position yourself as an authority and gain influence, and much more.
If you have any questions I’ll be more than happy to answer them in the comment section down below.
Also, if you’re interested in learning more ways on how to make money online, read my new segment “The Money Blog”.
[{"id":58995,"link":"https:\/\/franknez.com\/i-made-a-whopping-65k-online-without-showing-my-face\/","name":"i-made-a-whopping-65k-online-without-showing-my-face","thumbnail":{"url":"https:\/\/franknez.com\/wp-content\/uploads\/2023\/10\/I-Made-A-Whopping-65K-Online-Without-Showing-My-Face.jpg","alt":"How to make money online without showing your face"},"title":"I Made A Whopping $65K Online Without Showing My Face","excerpt":"Are you wondering how to make money online without showing your face? This December I'm receiving a $65K payout from September's ad revenue.","content":"Are you wondering how to make money online without showing your face? This December I'm receiving a $65K payout from September's ad revenue. You read","author":{"name":"Frank Nez","link":"https:\/\/franknez.com\/author\/frank-caesar-nez\/"},"date":"Oct 21, 2023","dateGMT":"2023-10-21 00:49:04","modifiedDate":"2024-07-15 18:21:28","modifiedDateGMT":"2024-07-15 18:21:28","commentCount":"1","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/franknez.com\/category\/blogging\/\" rel=\"category tag\">Blogging<\/a>, <a href=\"https:\/\/franknez.com\/category\/how-to-make-money-online\/\" rel=\"category tag\">How To Make Money Online<\/a>, <a href=\"https:\/\/franknez.com\/category\/income\/\" rel=\"category tag\">Income<\/a>, <a href=\"https:\/\/franknez.com\/category\/passive-income\/\" rel=\"category tag\">Passive Income<\/a>, <a href=\"https:\/\/franknez.com\/category\/personal-finance\/\" rel=\"category tag\">Personal Finance<\/a>, <a href=\"https:\/\/franknez.com\/category\/the-money-blog\/\" rel=\"category tag\">The Money Blog<\/a>, <a href=\"https:\/\/franknez.com\/category\/wealth-building\/\" rel=\"category tag\">Wealth Building<\/a>","space":"<a href=\"https:\/\/franknez.com\/category\/blogging\/\" rel=\"category tag\">Blogging<\/a> <a href=\"https:\/\/franknez.com\/category\/how-to-make-money-online\/\" rel=\"category tag\">How To Make Money Online<\/a> <a href=\"https:\/\/franknez.com\/category\/income\/\" rel=\"category tag\">Income<\/a> <a href=\"https:\/\/franknez.com\/category\/passive-income\/\" rel=\"category tag\">Passive Income<\/a> <a href=\"https:\/\/franknez.com\/category\/personal-finance\/\" rel=\"category tag\">Personal Finance<\/a> <a href=\"https:\/\/franknez.com\/category\/the-money-blog\/\" rel=\"category tag\">The Money Blog<\/a> <a href=\"https:\/\/franknez.com\/category\/wealth-building\/\" rel=\"category tag\">Wealth Building<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/franknez.com\/tag\/blogging\/' rel='post_tag'>Blogging<\/a><a href='https:\/\/franknez.com\/tag\/how-to-earn-passive-income\/' rel='post_tag'>How To Earn Passive Income<\/a><a href='https:\/\/franknez.com\/tag\/how-to-make-money-online\/' rel='post_tag'>How To Make Money Online<\/a><a href='https:\/\/franknez.com\/tag\/how-to-start-a-blog\/' rel='post_tag'>How To Start A Blog<\/a><a href='https:\/\/franknez.com\/tag\/income\/' rel='post_tag'>Income<\/a><a href='https:\/\/franknez.com\/tag\/leveraged-income\/' rel='post_tag'>Leveraged Income<\/a><a href='https:\/\/franknez.com\/tag\/passive-income\/' rel='post_tag'>Passive Income<\/a>"},"readTime":{"min":5,"sec":56},"status":"publish"},{"id":678,"link":"https:\/\/franknez.com\/how-to-start-a-blog-and-make-money\/","name":"how-to-start-a-blog-and-make-money","thumbnail":{"url":"https:\/\/franknez.com\/wp-content\/uploads\/2021\/04\/Blog-Like-a-Champ.png","alt":"How to Start a blog and make money"},"title":"The New Guide to Starting and Monetizing a Blog","excerpt":"A beginners guide to blogging. Ever wonder how to write and get paid for it? Here's how to start a blog, step by step for beginners.","content":"Blogging is an amazing way to provide useful information to the world and can feel very rewarding and fulfilling. It allows us to provide our","author":{"name":"Frank Nez","link":"https:\/\/franknez.com\/author\/frank-caesar-nez\/"},"date":"Oct 20, 2023","dateGMT":"2023-10-20 09:02:00","modifiedDate":"2023-10-21 01:16:24","modifiedDateGMT":"2023-10-21 01:16:24","commentCount":"15","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/franknez.com\/category\/blogging\/\" rel=\"category tag\">Blogging<\/a>, <a href=\"https:\/\/franknez.com\/category\/business\/\" rel=\"category tag\">Business<\/a>, <a href=\"https:\/\/franknez.com\/category\/how-to-make-money-online\/\" rel=\"category tag\">How To Make Money Online<\/a>, <a href=\"https:\/\/franknez.com\/category\/income\/\" rel=\"category tag\">Income<\/a>, <a href=\"https:\/\/franknez.com\/category\/knowledge\/\" rel=\"category tag\">Knowledge<\/a>, <a href=\"https:\/\/franknez.com\/category\/the-money-blog\/\" rel=\"category tag\">The Money Blog<\/a>","space":"<a href=\"https:\/\/franknez.com\/category\/blogging\/\" rel=\"category tag\">Blogging<\/a> <a href=\"https:\/\/franknez.com\/category\/business\/\" rel=\"category tag\">Business<\/a> <a href=\"https:\/\/franknez.com\/category\/how-to-make-money-online\/\" rel=\"category tag\">How To Make Money Online<\/a> <a href=\"https:\/\/franknez.com\/category\/income\/\" rel=\"category tag\">Income<\/a> <a href=\"https:\/\/franknez.com\/category\/knowledge\/\" rel=\"category tag\">Knowledge<\/a> <a href=\"https:\/\/franknez.com\/category\/the-money-blog\/\" rel=\"category tag\">The Money Blog<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/franknez.com\/tag\/bluehost\/' rel='post_tag'>Bluehost<\/a><a href='https:\/\/franknez.com\/tag\/frank-nez\/' rel='post_tag'>Frank Nez<\/a><a href='https:\/\/franknez.com\/tag\/how-to-build-a-website\/' rel='post_tag'>How To Build A Website<\/a><a href='https:\/\/franknez.com\/tag\/how-to-start-a-blog\/' rel='post_tag'>How To Start A Blog<\/a><a href='https:\/\/franknez.com\/tag\/pandemic\/' rel='post_tag'>Pandemic<\/a><a href='https:\/\/franknez.com\/tag\/passive-income\/' rel='post_tag'>Passive Income<\/a><a href='https:\/\/franknez.com\/tag\/promote-your-blog\/' rel='post_tag'>Promote Your Blog<\/a><a href='https:\/\/franknez.com\/tag\/the-money-blog\/' rel='post_tag'>The Money Blog<\/a><a href='https:\/\/franknez.com\/tag\/webhost-serivce\/' rel='post_tag'>Webhost Serivce<\/a><a href='https:\/\/franknez.com\/tag\/wordpress\/' rel='post_tag'>wordpress<\/a>"},"readTime":{"min":27,"sec":3},"status":"publish"},{"id":772,"link":"https:\/\/franknez.com\/how-to-get-your-music-on-spotify-right-now\/","name":"how-to-get-your-music-on-spotify-right-now","thumbnail":{"url":"https:\/\/franknez.com\/wp-content\/uploads\/2021\/04\/Distribute-Your-Music-On-All-Major-Platforms-FNEZ-PINTEREST.png","alt":"How to get your music on Spotify"},"title":"Here's How To Get Your Music On Spotify Right Now","excerpt":"If you're a musician, earning money through your music can be a dream come true. Here's how to earn money form our music through a reputable distributor.","content":"Wondering how to get your music on Spotify right now? Like, literally right now? If you're a producer, singer\/songwriter, or musician, earning money through your","author":{"name":"Frank Nez","link":"https:\/\/franknez.com\/author\/frank-caesar-nez\/"},"date":"Oct 19, 2023","dateGMT":"2023-10-19 00:17:00","modifiedDate":"2024-07-14 21:30:31","modifiedDateGMT":"2024-07-14 21:30:31","commentCount":"38","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/franknez.com\/category\/business\/\" rel=\"category tag\">Business<\/a>, <a href=\"https:\/\/franknez.com\/category\/how-to-make-money-online\/\" rel=\"category tag\">How To Make Money Online<\/a>, <a href=\"https:\/\/franknez.com\/category\/income\/\" rel=\"category tag\">Income<\/a>, <a href=\"https:\/\/franknez.com\/category\/knowledge\/\" rel=\"category tag\">Knowledge<\/a>, <a href=\"https:\/\/franknez.com\/category\/the-money-blog\/\" rel=\"category tag\">The Money Blog<\/a>","space":"<a href=\"https:\/\/franknez.com\/category\/business\/\" rel=\"category tag\">Business<\/a> <a href=\"https:\/\/franknez.com\/category\/how-to-make-money-online\/\" rel=\"category tag\">How To Make Money Online<\/a> <a href=\"https:\/\/franknez.com\/category\/income\/\" rel=\"category tag\">Income<\/a> <a href=\"https:\/\/franknez.com\/category\/knowledge\/\" rel=\"category tag\">Knowledge<\/a> <a href=\"https:\/\/franknez.com\/category\/the-money-blog\/\" rel=\"category tag\">The Money Blog<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/franknez.com\/tag\/cd-baby\/' rel='post_tag'>CD Baby<\/a><a href='https:\/\/franknez.com\/tag\/distrokid\/' rel='post_tag'>DistroKid<\/a><a href='https:\/\/franknez.com\/tag\/get-paid-for-my-music\/' rel='post_tag'>Get Paid For My Music<\/a><a href='https:\/\/franknez.com\/tag\/how-do-i-get-my-music-on-major-streaming-platforms\/' rel='post_tag'>How Do I Get My Music On Major Streaming Platforms<\/a><a href='https:\/\/franknez.com\/tag\/how-do-i-get-my-music-on-spotify\/' rel='post_tag'>How Do I Get My Music On Spotify<\/a><a href='https:\/\/franknez.com\/tag\/how-to-distribute-your-music\/' rel='post_tag'>How To Distribute Your Music<\/a><a href='https:\/\/franknez.com\/tag\/how-to-earn-money-from-your-music\/' rel='post_tag'>How To Earn Money From Your Music<\/a><a href='https:\/\/franknez.com\/tag\/how-to-get-my-music-on-spotify\/' rel='post_tag'>How to get my music on spotify<\/a><a href='https:\/\/franknez.com\/tag\/how-to-get-verified-on-spotify\/' rel='post_tag'>How To Get Verified On Spotify<\/a><a href='https:\/\/franknez.com\/tag\/major-streaming-platforms\/' rel='post_tag'>Major Streaming Platforms<\/a><a href='https:\/\/franknez.com\/tag\/passive-income-ideas\/' rel='post_tag'>Passive Income Ideas<\/a><a href='https:\/\/franknez.com\/tag\/spotify-for-artists\/' rel='post_tag'>Spotify For Artists<\/a><a href='https:\/\/franknez.com\/tag\/the-money-blog\/' rel='post_tag'>The Money Blog<\/a><a href='https:\/\/franknez.com\/tag\/tunecore\/' rel='post_tag'>TuneCore<\/a><a href='https:\/\/franknez.com\/tag\/upload-music-online\/' rel='post_tag'>Upload Music Online<\/a><a href='https:\/\/franknez.com\/tag\/what-is-a-music-distributor\/' rel='post_tag'>What Is A Music Distributor<\/a>"},"readTime":{"min":17,"sec":8},"status":"publish"}]
It already sounds like heaven doesn’t it? To become mobile and successfully make money online while traveling?
The great news is that it is most definitely possible! But are you willing to put in the effort to see these seeds bear fruit? Here are 5 hustles that allow you to work from practically anywhere in the world.
Welcome to Franknez.com – the blog where I publish posts on personal finance, side hustle ideas, entrepreneurship, and trending investing news.
Let’s get started!
#1. Take On a Commission Based Sales Position
An outside sales position is going to provide you with the freedom to travel as you please while earning money based on your monthly performance.
How to start making money online while you travel.
These types of positions don’t ground you to an office which makes it easier to become mobile.
You can take on one of these commission-based sales positions from all type of industries. The premise would be to sell a service or product for a business where you’d take a piece of the cake at the end of the month.
When you have a nice basket of clients your living expenses will be taken care of quite easily.
You can then shift your focus on creating another source of income that can either surpass your commission based sales position or continue to build both ventures while doing it from essentially anywhere in the world.
How much do commission based sales positions offer?
Commission percentage will vary from business to business in a given industry.
Expect to see from low to high anywhere from 5% to 35%.
Do I need a degree to be in sales?
More often times than not, you don’t need a degree to be in sales. Sales are based on results, not on what school you went to. Although I majored in Business Administration, we never went through sale scenarios or physically worked on that aspect.
Schools are businesses too, and professors are human beings too. Book theory is nothing compared to the real world.
#2. Create And Sell Digital Goods Online
Are you a great designer or professional in creating digital services and goods? You might want to consider selling your talents online.
Here is a list of digital services and goods you might want to consider providing online:
Album covers
Eye-catching thumbnails
Posters and fliers
Automated spreadsheets
Vectorizing or digitizing
Personalized business templates
Mockups and other virtual designs
How to start making money online.
This is what makes creating and selling digital goods such an awesome gig. Not only do you get to have fun doing what you’re really good at but you get to make money online while traveling.
Like all of these hustles, you’ll see that all you need is a laptop and an internet connection to make money online.
You can make money online and you don’t even need a degree for this! If you’re good at designing, then you can make more money than the person who got a degree but never pursued the career.
Find your target audience and begin to market your service or product.
How much money can I make with designing artworks?
Depending on your niche, designers are charging anywhere between $10-$100 per design.
For example: Digitizers and vector creators can charge $10-$45 while business logo designers can charge upwards of $100 for an art with consultation included.
#3. Dropship Hard Goods on eBay or Amazon
How to start making money online.
For those of you who have read that drop shipping is dead, it simply isn’t. Drop shipping is a great way to provide value to those looking for a specific product that you are able to provide exclusively to them.
What I personally love about drop shipping is that you can be anywhere in the world and out of nowhere you receive a notification that an item sold. The following notification advises the buyer has paid and now it’s time to ship.
I pull out the laptop, order the item, and have it ship directly to my customer. Boom! Takes five minutes and there’s no labor included.
Drop shipping hard goods has allowed me to make money online while traveling with my family. It feels amazing when you learn to make money outside of a job that doesn’t require you to clock in for 8+ hours.
How much money can I make drop shipping?
If you start a drop shipping business you can earn as high as six figures in revenue. If you’re drop shipping as a side hustle, expect to earn anywhere from a few hundred dollars to thousand per month.
Clothing and apparel is a very successful niche but you can sell just about anything online.
#4. Start Consulting Online Using Fiverr
A lot of people still don’t know about Fiverr which is very surprising.
Fiverr allows you to sell consulting services online, teach a language online, show people how to level up on games, proof-read peoples papers, and so much more! Yup, all from anywhere in the world.
Do you have a passion for teaching or helping people advance in certain areas of their career? Fiverr is a great platform for you to sell online services and tutorials.
Another benefit of using Fiverr is that you can also buy other peoples services. This can further help you excel in your business endeavors.
Grow your business with Fiverr! How to start making money online.
Say your business needs a logo. Many graphic designers sell their services here for as little as $10! Now say you need an animated advertisement video with music and compelling visuals for your business. You can use Fiverr to find professionals who sell these services to you.
So, I can sell my own services AND buy other services?
Exactly.
This is why Fiverr should be a website all upcoming entrepreneurs need to have bookmarked.
This platform allows you to sell your service, and purchase other services without having to hire a team or spend money on an overhead.
#5. Monetize a Blog
Not only is blogging an awesome platform for you as an individual to express your opinions, but it’s also a platform where you can provide lots of value and information to the rest of the world.
When your blog begins to consistently attract traffic, you can monetize it and begin making money online.
Click to be redirected!
Here are a three ways bloggers are making money online while they travel:
Advertising their blog with Google Ads
Selling their own product or service to their readers
Commission from affiliate programs
Read “How to Monetize Your Blog with Google AdSense”
If you’ve ever thought of blogging about cars, music, travel, health, fitness, or even sports,you will find blogging is a very fun way to earn money from a writers perspective.
If you’re ready to make that jump click the link below where I personally walk you step by step on how to start your very own blog.
Why wouldn’t you make money online today?
Everyone can make money online. Yes, even you. It doesn’t even have to be with any of the mentioned topics. You can create your own means of providing value to the marketplace online.
One of my first side hustles online was doing reviews. I created a website, put my creative touch on it and took action. People saw a need for what I was offering and it was the first time I made money online.
I knew that that side hustle was just the beginning.
How long does it take to make money online?
Honestly, it takes as long as you prolong it. But it’s more than that. I monetized my blog with Google AdSense the first month of inception. Yes, I got rejected multiple times, but I didn’t quit.
It’s going to take as long as you see it through. And although it took me a month to make money online from blogging, it was only cents.
It then took 15 months for my blog to be bringing in hundreds of dollars per month. Franknez.com then began to earn its first $1,000 and eventually thousands per month with some months earning 5-figures. I just kept putting the work in.
If you truly want to make money online you will find a way to do it. I support you 1000%.
Let me know in the comments section below which of these ventures captures your attention the MOST.
Personal finance: How to get your money right in 2023.
As the new year approaches, many people take the opportunity to reflect on their financial goals and make resolutions for the coming year.
Whether you are looking to save more money, pay off debt, or invest in your future, there are many strategies you can use to improve your financial situation.
In this article, we’re going to go over 5 key things that will help you get your money right in 2023.
#1. Budgeting is Underrated
One of the most important things you can do to improve your finances is to create a budget.
A budget is a plan that outlines how you will spend and save your money each month.
By keeping track of your income and expenses, you can ensure that you are living within your means and making the most of your money.
One key aspect of budgeting is to track your spending.
This means keeping a record of everything you spend money on.
By paying attention to where your money is going, you can identify areas where you may be able to cut back or save more.
Or if you’re like me, identify what it is you really like spending money on, and let that be a drive to increase your income.
But more on that later.
#2. Setting Financial Goals
Another important aspect of budgeting is setting financial goals.
Whether you want to save for a down payment on a house, pay off credit card debt, or save for retirement, having specific goals in mind can help you stay motivated and focused on your financial progress.
Getting your money right in 2023 is going to require you to really narrow down on what you’re trying to accomplish financially for the new year.
It’s important to note that it is never too late to set financial goals.
However, the earlier you get serious about meeting your financial goals, the sooner you will be able to realize your potential.
As soon as you’re done writing these goals, begin creating a plan of action.
Write down what you will be tackling with sheer focus for the new year to meet these goals.
Don’t just make it a goal, create a real plan.
#3. Increase Your Income
In addition to budgeting and setting financial goals, there are many other strategies you can use to improve your finances in the new year.
One strategy is to increase your income.
This could involve asking for a raise at work, taking on additional freelance or part-time work, or starting a side hustle.
When I was working for the family business, I was still looking for ways to increase my income.
Although my income was going up every year and I had a ‘safe’ career, I wasn’t satisfied.
Increasing your income is going to provide you with opportunities to create an income generating side hustle on the side and give you the means to save or invest more for the new year.
This could involve cutting back on unnecessary expenses, such as subscription services or other bad habits that aren’t serving you.
Finding ways to save on everyday expenses, such as by shopping around for the best deals is a great way to keep your money in check.
Anyone can be wasteful or careless with their money.
Keeping an eye on where your money is going at all times separates careless spenders from responsible spenders.
#5. Invest Your Money
Another way to improve your finances is to invest in your future.
While investing carries risks, it can also provide the potential for long-term growth and financial security.
Investing in index funds such as the S&P 500 will not only yield dividends, but your portfolio’s value may also grow substantially in the next bull market.
While investments tend to fluctuate, the greater markets tend to trend up long-term.
Never invest more than you’re willing to lose, work towards generating and increasing your income, and you’ll feel on top of the world.
#6. Build a Strong Emergency Fund
Finally, it’s important to have an emergency savings fund in case of unexpected expenses or emergencies.
This could be a savings account or other liquid investment, such as a money market fund, that you can access quickly in case of an emergency.
Having a strong emergency fund is like wearing strong armor in life.
An emergency fund will help you pivot when you’ve taken financial hits, such as losing a job, drop in business revenue, or losses in the market.
Your emergency fund should help you get on your feet if you happen to experience a financial bump in your journey.
Nothing feels greater than when you increase your income, know where your money is going, have your money working for you, and have a strong emergency fund to back you up should you take a small or big hit.
Stay Focused and Patient
As you work to improve your finances in the new year, it’s important to be patient and consistent.
Building wealth and improving your financial situation takes time, and it’s important to stay focused and dedicated to your goals.
It can also be helpful to seek the guidance of a mentor or people who are already where you want to be.
Overall, the new year is a great opportunity to take control of your finances and work towards a more secure financial future.
By setting goals, creating a budget, increasing your income, reducing your expenses, investing in your future, and building an emergency savings fund, you can take steps towards improving your financial situation and achieving your financial goals.
One of the best ways to have your money work for you in 2022 is by putting it in a safe index fund such as the S&P 500 where it will earn you 8%-10% per year.
Investing your money is easy!
Most people have just never been exposed to how simple the process truly is.
Depending on your level of risk, you could invest in individual stocks that you think will go up in value over a period of time (e.g., Apple, Tesla, etc..).
The S&P 500 for example invests in the top 500 companies in the U.S. so it’s very well diversified: hence making it a safer investment.
I recommend you download the app “Mint” by intuit to track all of your accounts and see how they grow in real-time throughout 2022!
Create a plan to how much of your income you will be allocating towards investments every month.
I suggest having an emergency fund set aside first so that you’re always ready to tackle any unprecedented challenges this 2022.
#2. Diversify with cryptocurrency
Ways to invest your money
Cryptocurrency is here to stay and if you think it’s too late to invest in crypto, think again.
Crypto has made a loud statement, but analysts have massive predictions for many of the popular cryptocurrencies, meaning there’s a lot of room for growth.
Another way you can have your money work for you is by allocating a small percentage into digital assets.
Two cryptos I’m personally long on are Cardano (ADA), and Shiba (SHIB).
Because these two digital assets are very affordable, planting seeds now could bear incredible fruits sometime during this decade.
So even though you might only be able to double or triple your investment this decade with Bitcoin, the opportunity for massive gains with other cryptocurrencies are still out there.
You can view when I buy both stocks and crypto exclusively on the Patreon.
Our generation is getting hungrier. Here are 10 of the most rewarding side hustles to make it happen in 2021!
Welcome to Franknez.com – the blog where you can digest content on personal finance, entrepreneurship, and trending investing topics.
Lets get started!
So you’ve learned about creating multiple streams of income for yourself, or you’re simply looking to make a little more money on the side. One thing is certain, your side hustle(s) might just be the initial step towards building financial wealth. Lets begin.
#1. Airbnb
Airbnb is a sharing service that offers opportunity for travelers to get cost-efficient accommodation wherever they travel to. This side hustle allows you to earn money for essentially renting out your property to people looking to opt out of high hotel rates. If you aren’t a property owner yet be sure to keep this in your radar!
#2. DoorDash
DoorDash is a courier company that offers service on demand. Dashers deliver food from all type of restaurants. The flexibility to choose when you deliver allows you to accommodate your schedule accordingly. This is perfect if you’re looking for a part time or weekend hustle.
#3. Mobile car wash / detailing
Mobile car detailing services are becoming a little more common. This gig requires a van or truck to move your equipment and get the job done. Although this hustle is mainly seasonal, creating relationships and building the proper clientele can secure your side hustle year round.
#4. Turn your hobby into a business
Whether it’s dancing, singing, producing, painting, climbing, collecting, restoring, you name it! You can monetize your content on YouTube through vlogs, DIY, and tutorial videos. If you’re a recording artist get your music distributed and get paid from streams! Find a way to make money doing what you love.
#5. Buy at wholesale cost, sell below retail market value
This is similar to flipping except you don’t need to add value to an item. You purchase items at a wholesale cost so you can retail them and make a profit margin. It’s wise to look at the current retail value of what you’re selling and price it just below the market while still profiting from the cost of your initial purchase. You can use websites such as Amazon, eBay, Facebook Market & Craigslist to sell.
#6. Babysit
If you love children and have a knack for taking care of children, babysitting can be a very rewarding side hustle. Plan your availability in accordance to your schedule. When you tend to help people, the reward seems to be greater for some reason. There’s just something amazing about the integrity involved with such a responsibility.
#7. Work a part-time job
If you’re a teacher already working part-time, find another teaching job to get the most out of your career. If you’re in the medical & healthcare industry working part-time, find that second part-time to increase your income and experience in the field. A part-time job or hustle (if you’re already working full-time) will increase your income, no questions asked.
Fiverr is a great way to teach online making it the perfect side hustle for millennials.
#8. Rideshare service
Companies like Uber and Lyft allow you to earn money by transporting people to their destination in the comfort of your own vehicle making it a perfect side hustle. Get paid to drive while potentially saving the lives of others by prohibiting them from driving under the influence.
#9. Party planner
Party planners take control of the design and presentation of a celebration in order to create an awesome experience that will always be remembered. Note down all the exciting details for every project. Discuss budget and come up with a fixed dollar amount to make this happen. Sell it and over-deliver. Budget on the price negotiated with the client and the profit is yours.
#10. Store and list your space
Neighbor.com allows you to list your drive space, garage, attic, or basement to store your fellow neighbors belongings. You essentially rent out space you don’t use to people that need it. It’s another great way your property can generate an income for you.
#11. (BONUS) Instruct or teach online with Fiverr
Fiverr allows you to instruct or teach just about anything online. Millennials are teaching people how to speak another language, they’re writing as freelancers, and teaching digital services. People are making anywhere from $10-$800 on services!
