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One of the top ways to save money for your house is to get a second supplemental job either on the
weekends or at night, on top of your regular job. I'm not going to lie to you, this is one my more
difficult recommendations. Who wants to work even more hours on top of their already stressful
job and life, filled with so many commitments? I know I don't, at least in the conventional sense.
That is why I feel it's so important to find a second job that you really love. Since you are
already going to be extremely tired, you need a second job that is flexible and excites you,
a lot. If you can
make this happen, it is the quickest way to greatly boost your income and save for your house
down payment. Who knows, maybe you will like your second job so much that you quit your primary
job and take it on full time. For the rest of this article, I will be highlighting some clever
second jobs that I think are great candidates for your consideration. Also, at the end, make sure
to read on all about my personal experience (and mistake)
taking on a second weekend job
I did not really want.
Make Some Extra Money By Working For About.com
About.com is a website that provides high value articles to its
users. There are staff writers at About.com called guides writing about almost every topic
imaginable. About.com is a huge success story and it gets a ton of traffic and is ranked very highly
on search engines. Because they get so much traffic, they are able to monetize their site quite
well with advertising. It is a great model because they always need more and more articles to keep a
competitive edge and therefore are always looking for new guides. Guides are given very flexible
hours (you can write your articles whenever you like as long as you meet your monthly quota) and
are paid based on performance (how much traffic your articles draw). I really like the About.com
paradigm because it satisfies my top requirements for a second job candidate: you set your
own hours and you get to write about a fun topic that you're passionate about. Also, as About.com
continues to grow, your articles will naturally get more traffic because the site will keep bringing
in more and more visitors (as a guide you will indirectly benefit from the work of all other guides
as well). You can read more
about becoming an About.com guide here.
Why Not Start Your Own Website?
Ok, I've already discussed the benefits of
starting your own
website in this article but must mention it again here. In starting your own website, you
don't get the infrastructure that About.com provides, but you do get full control and ownership
of the website you create. If you are really passionate about a topic and are looking to build a
longer term asset, this is definitely the way to go. Starting your own website in the short run
will not make you nearly as much money as the other alternatives in this article but it provides
the opportunity to make much more money in the long term because you are building an asset that
you own that keeps kicking off advertising income. Not to mention you are creating something of
value that helps others by spreading your knowledge. That's an accomplishment more important
than money! Personally, I have worked countless hours late and night launching multiple websites
(including this one). It has been a long a difficult process, but also extremely rewarding and
Work As A Remote Contractor On oDesk
oDesk is a site that allows you to work for others remotely.
It is a global network of programmers, data miners, freelance writers, and graphic designers that
work remotely on their own time schedule for businesses that need their assistance. With the bad
economy, more and more companies are looking to outsource projects because it is much cheaper for
them. A company that hires an employee on oDesk is not responsible for HR, benefits, and overhead.
While this alternative may not be as fun as the above two because you do get to set your own hours
but you might not be working on a very exciting project, I definitely recommend it as a great
opportunity for a flexible second weekend job.
Which Second Jobs To Avoid
After talking about a few good opportunities, let's look at what you should not do. First, let me
premise this with the fact that it's easy to burn out these days. Bosses and managers can be
extremely demanding. Keeping that in mind, I would urge you to not take a second job that requires
face to face contact with your boss and clients. Most likely you are already doing a ton of this
during your regular work day. One of the most important things about saving money for your
mortgage down payment is longevity. You will not be able to save for the down payment overnight
(believe me, I have been saving for a long time now)
and will need to be in the saving game for the long term. You do not want to expose yourself to
extra pressure. The best way to avoid this is to take second jobs that are Internet based because
then you can work remotely. While you may make less (especially after factoring in self employment
higher taxes), it is totally worth it for the freedom and mental benefits. Moreover, if you start
finding huge success you could quit your day job and make your internet job your focus, what a
Where Can I Find More Internet Based Jobs?
That being said, I recommend searching Google for such terms as
home based business,
network marketing, etc. As always,
you will want to be very careful because there are a lot of scams out there and you don't want to
get affiliated with the wrong thing. That's why I like the options presented in this article so much,
they are very big and trustworthy companies. Good luck and remember to take some time off for yourself.
The Weekend Job That I Quit Before I Even Started
Mentioned above, my second job is managing my portfolio of websites. I love writing and helping
people. The pay per hour of time invested so far is low, but I have very flexible hours and see the
long term benefits of building up passive income. Recently, I got approached by a friend to work for
him part time. He offered a reasonable amount of money and even stock options in his company. However,
this weekend job didn't work out. I quickly realized I was in over my head and creating too much stress
in my already hectic life. It's a recurring theme on this site - I make a mistake and hope that you
learn from it! This is no exception. Please read on all about my personal experience
taking on a second job
and then quickly backing out.