How to go earn an Extra Income
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- 1. Extra Income means an income that you earn apart from a job or a normal work. This earning can be used to payoffyour outstanding debts or build up a capital account or spend it on luxuries that you could only think about before. Everyone seems to want a second income but noone wants to work a second job, so the extra income is normally seen as a windfall.
2. When we compare income levels in different countries, itis evident that the average income per person is less than$15,000 a year. In other words, where many people arenear the breadline. Extra Income really does make people happier and improves their lifestyle. 3. But countries which have average income above thenormal subsistence level of approximately $15,000 a year,happiness seems to be income independent. For example,an average American ranks richer than an average Indian or an Austrian, but also less happy. 4. Why does this happen? People always look at their incomerelatively with some norm or the other and the normkeeps rising all the time. And this norm is what increasesthe spending, more or less in direct proportion to theincome. Two things drive up the norm with which people compare their incomes. One is the income that theythemselves have experienced -- which habituates them tohigher standards of living. And the other is the incomethat their colleagues or neighbors get, and which they tryto outdo. 5. The extra income options available today are targeted to generate employment and are targeted specifically atpeople who can use their skills that are lying dormant to make some more money for themselves. To achievesuccess in generating an extra income one should beaware of their strengths and weaknesses. This wouldgreatly help in selection of a most suitable way togenerate an income. 6. The selection process has several logical steps. Firstly oneshould ask themselves of an honest opinion of theirstrengths, what they excel at? What do people aroundthem keep complimenting or criticizing them on?, are theyperfectionists?, For example, if you like computers you could help your neighborhood in upgrades, repairs orinstallation of software. 7. The extra income can also be augmented by doing extraseasonal chores like raking leaves in the warm fall orclearing snow in winters. These are just a few ideas thatwork, but making an extra income augmented with selfanalysis will take away the need for a second job. 8. Today the internet and the general market have a lot ofideas for generating extra income. Network marketing in general market terms has been successful to some extent. Internet offers something similar that says affiliate marketing. The internet also offers a host of other optionslike writing, advertising and simple technical non-technicaljobs which can highly augment your regular income. Theextra income that can be earned form these opportunities depends on how good your skills in the field of yourselection. 9. http://makemoneyincome.info/