Money Life Wax

We've seen part-time social media managers make as little as $5 to add a couple of social media posts to $150,000 annually for companies that actively use social media to promote their brand. There are a few profitable ways to make money on Facebook, but the most common way people make money from Facebook is by sending those 2.4 billion people from Facebook to their website or sales page. If you want to know what that looks like, here are 50 Amazon Affiliate Website Examples that utilize social media to bring people to their money-making sites. Consider a Facebook Ad Campaign costs a company $1,000 a month, but the people that click on those ads generate $2,000 a month in revenue.

Real estate investors may need to broaden their search to additional markets with real estate inventory currently at record lows. For example, if the monthly rent is $1,000 and the cash flow is $200, a 20% increase in rent would double the property’s cash flow. Relying solely on appreciation and not cash flow can change a solid real estate investment strategy into speculation. To find the zip codes with the highest rental growth, we compared the Zillow average rent change from the last five years for that specific zip code.

Peer-to-peer lending platforms connect people who want to borrow money with people who are willing to loan it. Like blogs and niche websites, podcasts can help you earn a passive income through advertising, and affiliate marketing, as well as by having people pay to be a guest. People will pay a pretty price to rent equipment and you can take advantage if you’ve got tools, office equipment, or even a lawnmower that you’re willing to part with temporarily. Eventually, you can use your income to invest and save, thus letting your money make money for you!

Lagom, and the concept of enough, are focused on finding that sweet spot where you’re happy with what you have and happy with what you don’t have. Your environment won’t change overnight, but one day you’ll be able to look back and see how far you’ve come. Changes we’re in control over feel much more solid: like we’re building the life we want one decision at a time. List out what you want to create in life and what you want to learn.