This is your year to hit all your financial goals, without question. If you don’t know how you’re going to do it, I’m going to give you the perfect formula so you can remove all of the guesswork. In this blog post, the 52 Week Money Challenge, I’m going to show you how you can easily save $10,000 in the next 12 months, and it doesn’t have to involve cutting your budget in half, and living off of only roman noodles for dinner.
Imagine $10,000 in the bank! You will be surprised about your gradual progress to seeing $10,000 in the bank. Put this money towards your savings account, your emergency account, or if you already have all of those things, invest it with in something low-risk that can grow on it’s own with interest, like index funds so that you can live in comfort in your later years. Amazing right? So let’s get started.
The 52 Week Money Challenge
The process is quite simple. In order for you to save this massive amount and to be successful at it, we need to break this down by small little pieces. In this case, we need to save a certain amount, every week. To help you with this, I am providing a small little printable so that you can follow along, and know what to do each week.
Now that you have the printable, you’re able to get started, right? Well…maybe. For some people, saving the amount listed in the graph may not be a difficult task. Individuals may have a 6 figure income and have extra money coming out of their ears. If that is not you, and you’re saying to yourself…
“I would love to do the 52 week money challenge but I don’t have any extra money. How can I ever do this?”
If that is you, I have exactly what you need to solve this issue. Below, you will see that I wrote up a few things for you…7 things to be exact. I took the liberty to lightly expound on 7 side hustles that bring in a full-time income so that you can free invest in your own future. I wrote these in mind of a busy person who says that they don’t have any extra time or who cannot get another job.
See, I think of everything for you 🙂
5 Side Hustles That Bring In Full-Time Income
Consulting
We are all good at something. I do not care about whether you have been to college or not, whether you dropped out of school, or graduated. Not matter what happened with your education, you are professionals in something. Every single person who reads this article, including yourself, has a degree in the hard-knock of life. For this reason, there is something that you can package in such a way and charge others for it, and you can make a great deal of money teaching it.
If there is a problem and you know how to solve it, and it can help a ton of people how to get the solution, then you most likely have a marketable product that you can generate a fulltime income from. Sit down for 10 min and write down all of the things that you have learned, and things that you’re good at doing, and then pick the top 5 things that you are most acquainted with. Then narrow it down to 3. You will see that you are an expert at something.
At one point in my life, I didn’t feel like I could do anything to generate any income outside of a job, but I knew that I could design websites when no one else had the knowledge or tools. I then began to tell people that I could design websites for them, and I began to charge for them. You can charge anywhere from $500-$2500 for a website. People need website to display information or to sell something.
Once you figure out what you’re good at, and you know that you have the solution to solve problems with your skillset, slap a high ticket price on it. Put together a list of services, and charge no less than $500-$997 for it. If you sell only 2 of your packages, that is $2000 for the month, is $24,000 annually. Sell 3 or 4, and that brings you to $36,000-$48,000 annually, which is beyond the typical average household income in the United States.
Fiverr
Fiverr is a platform that is great for generating extra income without having to spend any type of money. I’ve made thousands of dollars on this platform, and every now and then, I decide to use it again to generate a little extra income to test out new methods. I always generate some type of income from this platform. If I can, I know you can too.
I’m not going to give all of the details as to what entails with the process of using this platform, but I will go through a few things to give you a quick understanding of how to generate a full-time’s income on this online platform. Once you figure out what works in on Fiverr, you just rinse and repeat.
Fiverr has something called “gigs” and this is simply the service that you are offering. Fiverr has gigs that start at $5 of for a service, and it can go up to $1000s of dollars. Typically, if you offer something for $5, you are able to complete the service and delivery it within 24hrs. Those who offer services for $1000 typically completes and delivers within 30 days.
I previosly spoke about consulting. Many other people who have found success have used similar consulting tactics within fiverr, and got fantastic results when it coms to generating a full-time income online. It may take some time to devlope your business to this point, but it is a very reasonable thing to shoot for.
VA
I know a lot of people who look down on professionals doing work as a virtual assistant. The work of a VA (virtual assistant) is very much overlooked. This does not mean that you only have to due little work like organizing spreadsheet, making powerpoint slides, or being a social media manager. There are meaningful professionals that make excellent living in this market. I hire programmers, and pay them handsomely myself.
If you’re interested in looking in being a virtual assistant, you can look at platforms such as Upwork.com, post your resume with your experience, and start getting contracts. There are plenty of YouTube videos that show you how to create a 6-figure income just by being a VA.
Affiliate Marketing
NExt to consulting, this is my favorite way to develop a full-time income. If you do not know, I am an affiliate marketing coach. THis is what I do! I teach people how to leverage the internet and to generate high ticket commissions. With affiliate marketing, you are easily able to generate $497, $997, and even $2,500 commissions. The best part, is that you don’t have to have your own product or service, and you don’t have to provide any type of customer service.
So what is affiliate marketing? We all participate in affiliate marketing in out lives whether you know it or not. When you purchase something from a store, you normally tell someone about what you purchased. The person you tell may like what you bought, and then purchase the same exact thing. The only difference in affiliate marketing is that you get paid a certain commission from the profit once the transaction is made.
Uber
I mentioned previously how affiliate marketing is my favorite method. I have perfected affiliate marketing and teaching others how to do it, hence the reason I am a coach. However, being an Uber driver is probably one of the most reliable things to do in the beginning to get cash fast so that you can destroy this 52 week challenge.
I personally lllooovvveee the concept of being an Uber driver. Yes, I do drive people around and get paid for it, eventhough I don’t need to do it. I still find a satisfaction in that if I really need some money, I only need a few hours to go get it without getting another job.
I’ve used the money I made from driving as an Uber driver to pay off debts, pay for my ad spend for paid advertising (facebook ads, bing ads, youtube ads, etc.), and plenty of other things. I am a big believe in finding something that makes money in the fastest manner, sticking with that thing, and experimenting with others until the new endeavor becomes profitable. The goal here is to put money in your pocket, and complete the 52 week money challenge successfully. If you’re interested in driving with Uber, start researching today.
Conclusion
I know and understand that I have given you a lot to think about in this article. You came here thinking that you were going to get some kind of pdf or printable so that you could complete a 52 week money challenge. Well, you did, but you received so much more.
I typically do not teach anything that I have not done, or do not do currently. I don’t like to teach theories. If I talk mention it, then chances are that I have either completed it, or I am currently doing it. If you need to generate the extra cash and you need to use the 7 side hustles that I mentioned above, then pick one, and take it seriously. This 52 week money challenge is attainable for anyone…including you! Do not let anything stop you.