How To Come Up With 50 Dollars

A few minutes browsing through YouTube will show how many people have used the following methods to come up with some extra cash. These aren’t get rich quick schemes, and it may not happen over night, but they are proven methods. Some of these ideas might produce the full sum all at once, while others require the accumulation of several sales, gigs, or items. What’s cool is that there’s something for everyone. Happy hustling!

How to come up with 50 dollars:

1. Scavenging scrap – electronics, garbage, up-cycle crafts, cleanup and removal

2. Turn over items – books, bikes, furniture, random items online

3. Garage sale – pretty self explanatory

4. Art – sculptures, paintings, drawings, poetry, crafts

5. Writing – copy, filler, blog, magazine,

6. Services – windows, cleaning, yard work, handyman, babysitting, pet care

7. Teaching/tutoring – music, math, English, software, yoga

8. Space for rent – storage space, car, yard, internet

9. Mobility – carpool, haul stuff from place to place,

10. Security – house sitting, installation of home security stuff, varmint duty,

11. Maintenance – simple car, outdoors equipment, yard, electronics

12. Repair – electronics, house interior, furniture, appliances

This is a pretty general list, so if you want more specifics or just more ideas shoot me a comment and subscribe for more!

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Why 100,000?

I want a better car, one that gets better gas mileage and has four-wheel drive. I’d like a nicer apartment, eventually a nice house. Girlfriends can be expensive I hear, not to mention marriage and a family. I like my laptop but what if it crashes or gets stolen? How about some nicer clothes, my old ten-dollar hoody is getting a bit frayed and I’m embarrassed to where it in public. But it’s better than my last one, which I wore while working as a welder’s assistant, I get embarrassed wearing that even in private. A mobile device with WiFi would be nice.

These are some of the more frivolous reasons that I came up with. But these hardly generate enough drive to get me to do what it takes.

Favorite pastimes: I like to fish but a fishing license is pretty expensive. I would love to be able to buy some nice fishing equipment and maybe even go fishing in Alaska. I like to play the guitar. I’d like to get really good, but to do that I need practice and who has time to practice the guitar when there are bills to pay? Spare moments are spent learning useful skills, not dinking around with something that requires all your time to actually get good at it. I’d also really like to have a shop where I could build or create whatever I come up with. I would like to have the means and materials to dream up something and make it a reality. I might even be able to solve some problems.

I served a mission in Mexico, and met a lot of great people there. I made a lot of friends and became quite attached to them and their families. I’d love to visit in person rather than Facebook messaging and Skype. But such a trip also costs more money and time than I can justify spending.

Something else that I value is education. A couple of things which keep me from learning about some interesting subjects (aviation for example) is the cost of instruction and cost of time which in normal circumstances would be dedicated to work and living expenses. I also would like to be able to help others to afford the opportunities to educate themselves, including my children.

Hobbies would be nice to be able to spend time on but I imagine that even if I did find time and means enough to work on them I would probably use most of it developing the security and well-being of my family instead. I would like to reduce dependence on other organizations and sources as much as possible. Being financially independent is a huge factor.

Another point: can I be so selfish as to spend my life worrying about myself and my own interests? I had never thought about poverty as selfishness, but someone mentioned it in a blog and it makes sense to me. See http://wp.me/p3d0bn-8

I’m not sure how much money all this would add up to, maybe more, perhaps less than the 100,000 dollar mark. But if I can achieve this goal it would be very significant to me in itself. It would give me an idea of what I am capable of doing. It would prove to me the power of desire and dedication. I would have validated my ability to realize my own dreams. And having stretched myself to win such a sum I would not only have learned many valuable lessons about how to do it, but know that I could do it again.

So in summary, what are my leading motivations?

  1. Family
  2. Education
  3. Career
  4. Giving back
  5. Personal Validation

Case study: Divine Comedy

Divine Comedy has gone from simply a club of comedy loving students putting skits together for their own diversion and entertainment of others, to a syndicated TV show called Studio C.

These few students got together and did what they loved to do. They did it well and produced great value, they published it on YouTube and became known far beyond their imagined limits. They gained so much traction that stopping was out of the question. Even as their years at school came to a close they continued to rise in popularity and demand. Divine comedy will never be the same as new students take their places. There is a weight and a presence left.

They have become celebrities, and their new medium, Studio C, is a major asset to byutv.

All because a group of like-minded kids came together to do what they loved to do.

Is there something I love doing that has that kind of potential?

Observations on Mark Anastasi

I signed up for his newsletter a while ago after reading his book The Laptop Millionaire. Here are a few things I have noted from his work.

He emails his list everyday and sometimes more. Each email has a the same basic outline. First he has a story or news item to tell about. This is complete with a link to the original since he only provides an intro. This is followed by the stats of the day, usually something about the market or some random poll. Then there is the quote of the day. The next section is the news update of the day. This is one of my favorite parts, he reminds us of any upcoming events or seminars (I don’t really care for that part, especially when it is stuff you have to pay to see), and then he lists about six or seven articles relevant to his niche for you to browse through. I often get hung up on these and sometimes find stuff that I want to return to see, so I find it hard to delete his emails from my inbox.

His emails are very simple and don’t have any original content but they have stickiness. After reading his book and watching a few of the seminars he lets you watch for free I now regard him as an authority and value the links he gives. By putting them in his feed he endorses them, that makes them valuable to me. He creates value. If he were to feature one of my articles or posts then he would add enormous amounts of value to it.

Wow! For months I have received Mark’s emails and have only taken them for face value. But as I study and scrutinize them now I realize how valuable they are to me as examples. I should sign myself up for a few other successful newsletters and see what I can glean from them 🙂

So what keeps me from creating a website with a news feed opt-in page and a couple of pillar articles and building a mailing list which I can then monetize with advertising? After I become a good enough expert in my niche I can even offer premium content.

I could do that.