Tag: Income

How To Successfully Make Money Online While Traveling

January 29, 2023 /
How to Successfully Make Money Online While Traveling - by Franknez.com
How to start making money online.

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.

Take On a Commission Based Sales Position - How To Successfully Make Money Online While Traveling.
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.
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

Dropship hard goods on eBay or Amazon: How to successfully make money online
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.

dropship with ebay or amazon - franknez.com

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.

how to start making money online.
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.

Start a blog with Bluehost
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.

How to Get Your Money Right in 2023

December 30, 2022 /
Personal finance: How to get your money right in 2023.
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.

I started a blog, learned how to earn 6-figures with it, and created time-freedom.

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.

Related: 5 Easy Ways You Can Earn Leverage Income

#4. Reduce Unnecessary Expenses

Another strategy is to reduce your expenses.

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.

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Have Money Work for You In 2022 (You’re Ready)

January 1, 2022 /
Have your money work for you in 2022
That next life is waiting for you – Happy New Year! 2022

2022 is here!

We’ve been taught many lessons stringing back from 2020 and transitioning to 2021.

Money has played an extremely important role in our lives.

How can you make 2022 one of your best years financially?

By having a plan.

Here are 3 massive ways you can command your money to work for you.

franknez.com

Welcome to Franknez.com – the blog accompanying you on your journey to financial and time freedom. Cheers to a prosperous, healthy, and abundant 2022.

Let’s get started!

In today’s article I’m going to go over 3 ways you can transform your finances by making some incredible money moves.

The awesome thing is that you don’t need to make a lot of money to make this happen.

It’s all about developing proper money management skills over time.

You already spend a lot of time working to earn your money; it’s tiring!

So why not learn how to put that money to work for you?

Here’s how you can make 2022 your best year financially.

#1. Start your first investment now

start investing in 2022
Start investing in 2022

You’ve probably always wanted to invest but have never really started.

Perhaps you don’t know where to start.

Bookmark this guide on how to start investing in stocks for beginners, it’s going to change your life.

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
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.

Is crypto safe?

It is with Coinbase.

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.

Bookmark: How to invest in crypto for beginners (step-by-step)

#3. Begin to fund your freedom

Andrei Jikh
YouTuber Andrei Jikh – makes a living on YouTube

One way 2022 can become your best year financially is by creating a vehicle that will allow you to escape the rat race.

Have your money work for you buy investing in a vehicle that will provide you with financial security, and earn you back your time.

If you have a job or a career, use your employer as a means to fund your passions to create a sustainable second stream of income.

Most people believe that you should live off of the income your employer provides you with.

But in order to build wealth this new year, we’ll have to shift our mindsets so that the income caters to a greater income vehicle.

That income vehicle will vary from person to person but is the fastest way to financial and time freedom.

Your job/career can fund your dreams and ambitions so that one day you won’t have to rely on that job/career.

One of the greatest investments you can make is on yourself!

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franknez.com

Do me a favor and give this blog article a social share if it provided you with any ounce of value.

For more content like this be sure to subscribe to the blog, or follow me on social media (below).

Cheers to a tremendously prosperous 2022! 🎉

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Read: 3 Different Ways I’ve Earned 6-Figures [Secrets]

These Are The Best Side Hustles For Millennials In 2021!

July 13, 2021 /
Best Side Hustles
The Best Side Hustles For 2021!

Our generation is getting hungrier. Here are 10 of the most rewarding side hustles to make it happen in 2021!

franknez.com

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.

Read: How To Start A Thriving Online Business In 2021!

#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!

Read: Side hustles from home that make a ton of money

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Leave a comment below if you’re working in any of these side hustles!

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