Top Ways to Make Money and Get Rich

Monday, April 6th, 2009
by BrianL

Top 10 Ways to Make Money

10. Get Rich Quick Schemes

As tempting as they are, get rich quick schemes hardly ever work. Although it may seem like a good idea to buy the guy on TV who is selling a book on how to get rich by selling a book, it is probably not wise to take his advice. Most get rich quick schemes don’t work and more often than not, you end up losing your money.

9. The Lottery

One of the least likely way to get rich is through buying lottery tickets, but one way to try and get rich is to buy a lot of lottery tickets and hope one of them is the winner. Good luck!

8. Odd Jobs

Odd jobs such as babysitting children can be a great way to make some extra cash part time. Though not always a lot of money, babysitting, a few hours here and there for thirty dollars each time can really add up and it’s a great way for teenagers to make money.

7. Real Estate

A popular new way to make money is to buy cheap houses and fix them up to sell for a profit, or as it is referred to in the industry as “flipping” houses. The problem with this is that sometimes it can cost more to fix up the house than the profit made.

6. Online Poker

If you’re good enough, online poker can actually be a real money maker. Online websites such as pokerstars.com allow you to use a credit card to play for actual money against real people. My cousin made enough money to buy a car with cash! This is hit or miss though as you must be a skilled poker player to actually make money.

5. College

One solid way to earn money is to put the money you already have towards tuition. With a college degree it is likely that you will be able to get a job and make money doing that. Although this isn’t the quickest way to make money it is one of the safest.

4. The Stock Market

The stock market is one of the more risky ways to make money as you can lose your money in an instance. There is skill to making money in stocks as to knowing when to sell before stocks go down and when to buy before they rise. Although the stock market is not doing to well now, it will always go back up. If you get skilled at it, there is plenty of money to be made in stocks.

3. Selling Your Own Product

It is possible to make money selling your own product without spending much of your own money. The key is to sell something that you know about. If you know hundreds of fabulous recipes then you should sell a recipe book or an instructional cooking video.

2. Online Marketing

A lot of money is to be made these days in selling things on websites such as Ebay or Craigslist. By selling old junk that isn’t used anymore you can get cash from people who want to use that stuff and see your junk as their treasure. One man used Craigslist to trade up from a red paperclip to his own house!

1. Become a Blogger

Believe it or not there is an immense amount of money to be made blogging. By selling ad space on a popular blog website, people are making six figures salaries. For example the blogger of the Perez Hilton celebrity gossip website makes over 100,000 dollars per month in advertising. With the spread of technology going as it is, blogging is the best money maker right now.

Photo Credit: Verb My Noun., liewcf, Tracy O

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