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Discussion Groups: Brandon Chatter


Topic: How to make extra money, when already work full-time?
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peace/strength

3/31/2012 12:23:33 PM
Member since:
May 2011
Total posts:50
How to make extra money, when already work full-time?

I would like to retire at 60, but in order to do that, I have to make extra money to put away, but how,or does anyone know how to save money, even if you have a full-time job. Please any suggestions?

 
 
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Glen and Nancy

3/31/2012 12:34:27 PM
Member since:
Jan 2011
Total posts:109
yup

buy low and sell high

slurpeegirl

3/31/2012 1:49:12 PM
Member since:
Feb 2010
Total posts:1176
a hobby job

if your full time job covers the expenses, get a second job that you will enjoy for extra income. it will seem less like 'work' plus it is just extra money.

summergal

3/31/2012 1:57:13 PM
Member since:
May 2009
Total posts:1348
....

part time job  
 
when i lived in brandon i had a full time and part time job. I enjoyed my part time job and wished I could of done it after I moved but it was time consumming....3-4 evenings a week and 1 day during the weekend. I defintaly enjoyed the extra money!

HappyGoLucky

3/31/2012 2:26:40 PM
Member since:
Jun 2009
Total posts:186
Cut expenses, get another job

I work full time (35 hrs/week), plus do bookkeeping for 2 other firms on the side, another 10ish hours/week.  
 
It's just using my skills - not everyone wants/can do their own bookkeeping. You can charge enough to make it worthwhile to you & not so much the market won't bear it.  
 
Also, cut expenses! The only way to save money is to earn it or not spend it.

traveller

3/31/2012 2:43:08 PM
Member since:
Jun 2007
Total posts:8613
>

you can go over your budget and cut things you don't need but instead of spending that on something else put your extra cash into an automatic RRSP/TFSA deposit, if you you can also find some casual or PT work too you can a lot some of that money for savings and spend a bit on yourself, at what age you can retire will depend greatly on how you plan to live, your age now and how much you save and what you do with that savings. google dept due us part for great money management ideas and read about the different types of savings, if you can handle it and can afford it a rental income(room/basement suite/house) can be a second job but the rental business isn't for everyone, just thinking about it is great but don't forget to start, compound interest is your best friend or worst enemy, making it your friend is way better


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