Greatest Hits
- (L)Earning What I'm Worth
- The Save-to-Spend Budget
- Salary Negotiation Post - Retraction
- Money Types: Carrie, Samantha, Miranda or Charlotte?
- How Jenny Earned $15,000 on eBay
- The Fashionomics of Retail Begging
- Create Other Income Streams
- Challenge: Wear Just Six Things
- Rx for a Bloated Budget
- Stop Wasting Time on Things That Will Never Make You Money
- End the Superwoman Syndrome
- The High Cost of Part-Time Work (+ working mom poll)
- Smash Student Loan Debt
- Prep for More Pay
- Personal Account: My Brain on Sales
- On Becoming a Financial Grown-up
- Pop Quiz from DailyWorth!
- Bouncing Back From Bankruptcy
- Personal Account: Gabrielle's Reflection on Worth
- To Coupon or Not?
Create Other Income Streams
By MP Dunleavey Tuesday May 04, 2010
More than a paycheck
In today's unpredictable job market and economy, it's smart to think about developing multiple streams of income.
Whether starting a side business, becoming a consultant or learning to invest, you can capitalize on your existing skills (and time) to increase your overall net worth.
Risks and rewards
Any new income source can take years to show even a small return. Consider this conversation a seed in your mind to help you evaluate your options—and build future returns, one year, five years or even 20 years out.
Every investment is a risk. Amanda Steinberg, DailyWorth's founder, has started five businesses in the past 10 years--two of which are successful and growing. The other three were learning experiences and, well, costly failures. Do not invest time or money unless you've calculated that you can afford to lose it.
Listen up
Last week, Amanda (photo, left) interviewed Jacquette Timmons (right), author of Financial Intimacy, MBA, and CEO of Sterling Investment Management, Inc.

In this 15-minute podcast Amanda and Jacquette explore the specifics having multiple streams of income, from low-risk options like consulting to higher-risk options like real estate investment.
Your move
Do you have more than one stream of income? Share the What, Where, When, How and Why with the DailyWorth community.
good luck!
Lisa
Check out my website --low start up costs, great system, fabulous people and the best anti-aging skin care, detoxifying, vegan protein, and cosmetics!
My motto (learned better late than never) is "work harder not smarter". So cudos to Daily Worth for keeping us informed and helping us to get ahead and stay ahead!
Any editors/proofreaders out there for hire! :) :) :)
Speaking of which... if anyone needs any writing, email me! This e-mail address is being protected from spambots. You need JavaScript enabled to view it
I know its going to take off here once more and more people learn about the products. The prices are EXTREMELY reasonable too!
Scents For You!
Terri
If anyone has any low cost marketing ideas for my photography business I would sure love to chat. My focus is mainly on children, teens and young adults. Portraits, head shots and modeling. I've done some extensive food photography for Google when I designed, styled and photographed a cookbook for them. Thanks! ~ Diane
I have been making jewelry for many years, and when galleries that carried my items closed, I knew I needed to join the on-line selling community.
I also assist a wedding photographer when he needs extra help, as well as a home stager. And watch a couple of small babies. Not at the same time!
And if worse comes to worse, I sell stuff on CL. I always manage to pay my low monthly living expenses and save money. It helps to have almost no debt!
I continue to keep my ear to the ground for a regular part-time position, but I know I can generate what I have to for now.
http://www.etsy.com/shop/OneHeartJewelry
Sorry!
I have also taken on selling Dolce Mia products. If you haven't seen or heard of them check them out at mnorris.dolcemia.com. I sell wholesale but there are also direct sales opportunities. I am a regional manager with them so if you are interested in either contact me! The product is so fun and all natural!
Working at the college opens up a lot of opportunities - such as workshops, art shows or tutoring. And now that my department's management is being outsourced, I'm glad I have some other income streams to fall back on!
I've tried my hand at several different network marketing companies and I love the concept but I believe you have to have the right personality and love the product to make it work for you.
www.perryfinalia.com
It's nice to see so many other women trying to find other ways to produce income and fulfill dreams!
If interested in Avon or Temptations Parties feel free to contact me 443-250-5565. Both companies have low start up costs with unlimited earning potential, no quotas to meet and no inventory to keep.
My primary income has been replaced by an online travel business http://www.gogreen.worldventures.biz/. I work from home building a sales team and earning commissions from travel booked on my site! I am grateful to my friends for sharing the information!
I'm also planning on teaching some ceramic classes to kids too. I would really like to have just one job where i have benefits,and stability, but I think i might get really bored doing that, I certainly never get bored with my life the way it is now
Love reading about all the entrepreneurial ideas!
Besides my full time job I have found several things to do online to bring in extra money. I have listed the free and legitimate sites where you can earn extra money online. http://www.thisiseasycash.com






realizing that i needed to diversify in a big way was a big part of learning how to make an income doing what i do. there is no way that direct ad income for my blog would make me financially independent. i needed to open up to new ideas!
thanks for this!