Category Archives: Ways to Make Money

Income Chart Updates & Harvest Season

I have such great news! In my third month of doing my ambitious income goal charts, I actually met my pretty ambitious goal! I count the income I book and earn rather than the income I receive as I have far more control over the former.

This was a really good feeling, and one I’m hoping to achieve next month with my Kesha/H.E.R-inspired income goal chart. I created it in honor of the two songs I couldn’t stop listening to in August: RWSM and Lord is Coming. Once I get these goals met on a consistent basis, I’ll be upping them until I get to my calculated “enough” number.

Harvest Season

If you’re wondering what changed, ultimately meeting my goal this month came down to a few happy surprises I had planted earlier in the year.

Investing Time in Future Work

I’m a contractor, which means my work and pay is inherently variable. I’ve learned over the years to never take for granted the times of feast, as there’s always a famine coming around the corner. Often when you least expect it.

Earlier in the year, when work was steady and almost something close to predictable, I started feeling uncomfortable. I knew this feeling of routine wasn’t permanent, so I started keeping an eye out for new opportunities. In one case, I even reached out to a friend who was kind enough to set me up with someone they knew was hiring.

Because I started those conversations in the Spring, I’ve been able to phase in new clients at an unrushed pace, smoothing out a lot of the bumps in the road I would have hit otherwise.

I’m so glad I started planting then. My life has been a lot less hectic because of it.

Unpaid Work

Another frustrating thing about freelancing is that sometimes you end up being at the short end of the stick as far as on-time payments go. This does not apply to my long-term clients; if it did they wouldn’t be my long-term clients.

Earlier in 2019, before I started creating my income goal charts, I did a couple projects with organizations I was expecting to pay on time. They expected them to pay on time. There was some sort of glitch and that didn’t happen, in one case. I don’t know what happened in the others.

I did eventually get paid, but it took a while. Since I wasn’t sure when these payments would be coming in, I didn’t count them as expected/earned income when I was making my charts. When they did come in, they were a happy surprise that boosted me over the edge.

Moving Forward with Income Goals

I’d like to hit this number every month! I’d like to get it consistent enough that I can up my income goals even higher. I’m glad I’ve had a chance to harvest the opportunities of early 2019, and I’m also looking forward to new opportunities as I head off to FinCon.

I launched a thing.

I’ve been hinting to you guys for months that I’ve got something fun rolled up my sleeves.

Well, today’s the day I finally get to tell you what it is!

Personal Finance by Women

In the independent financial media space, we’re a little more than 50% female. I think that justifies accurate gender representation when it comes to publishing opportunities, speaking gigs and features. I think that means we ‘ve got plenty of people with lived experience speaking to the issues of women’s finances that hiring those without to pontificate on the topic isn’t always going to bring you the best perspective and information.

Because I think all this, I thought it was time to launch Personal Finance by Women. Apparently a lot of other people think the same thing. Since its launch two days ago, Personal Finance by Women has tripled its membership — I’m still uploading profiles! And that was just from a couple mentions in online networking groups.

What does Personal Finance by Women do?

Personal Finance by Women is a social entrepreneurship venture which believes that just because you center the most intersectional of stories doesn’t mean you have to be a charity. There is value in these financial experiences, which contain something to be learned by all.

It’s not about helping anyone; it’s about empowering everyone.

To achieve this, we’re going to have lots of projects including:

  • Publishing and syndication of money stories centering intersectional writers who are paid fairly for their content.
  • An RSS feed featuring members’ content.
  • A bookshop featuring members’ tomes on money.
  • A financial literacy book basket initiative for charity auctions/raffles.
  • A source list for journalists attempting gender diversity in their sourcing efforts.
  • Service projects and initiatives in our membership’s various local communities.
  • Hashtags on Insta and Twitter featuring members’ content and further bolstering community.

How can I support Personal Finance by Women?

As I mentioned above, this is a social entrepreneurship venture — not a 501(c)(3). That means that while monetary support doesn’t get you a tax deduction, it does potentially get you other perks.

Those who become Early Access Subscribers on Patreon will receive access to original Personal Finance by Women content 24 hours prior to its public release.

You can also support by participating as a member, taking advantage of the fact that membership is currently free during launch. If you want to join as an ally, we’ll talk about how you can best support the initiatives we’re currently running. If you want to join as a woman or non-binary individual, we’re excited to check out your work!

Abundance Mindset & Income Goal Charts

Long-time readers will remember that I have, at times, struggled with the scarcity mindset. Recently, I discovered that as much as I thought I had moved on from it, I hadn’t.

Since the divorce, I’ve been operating from a place of survival again. I had thrown a lot of money at trying to save things, and have had a hard time getting back to a place where I’m comfortable. I feel like I’m running on a treadmill. It doesn’t matter how fast I run or how many calories I burn; at the end of the day, I’m still in the same place.

One day while listening to Lizzo, I decided to do something ambitious. I decided to start setting monthly income goals that weren’t necessarily realistic. Realism is typically what I do.

But perhaps in this instance, realism was holding me back. What I realistically expect out of myself may be far less than what I am worth or capable of.

I calculated my dream income, divided it by twelve, and realized I wasn’t quite ready for my mindset to be that abundant.

I subtracted about $1k/mo. The goal was still crazy ambitious, but I figured if I hit it, I could raise it. I’m cognizant of the moon, but I’m also totally cool if I hit that number that’s $1k less, landing among the stars.

Am I hitting my income goals?

I busted out a pen and paper and drew my Lizzo-inspired income chart. Want to see how close I came to reaching my goal?

RIDICULOUSLY CLOSE!

I’m counting income as work I lined up and completed that month rather than the income I actually receive. I have far more control over the former, so it’s the metric I’m choosing to focus on.

Did making a chart really help?

Yes. It’s in a place I can see it everyday, and that did two things for me. First, it helped me remember how quickly small amounts really do add up to big sums. Each small block I colored in was its own victory, but zooming out and seeing my efforts inch me closer to my larger goal was really encouraging.

The other thing it did was really motivate me. So much so that I’m going to be using motivational lyrics of female artists moving forward to get me into action. For example, July’s chart inspired by Cardi B:

Scarcity vs Abundance Mindset

I could cut back my spending; I know how to live on next to nothing. And I’m going to take more drastic steps in that direction as I move through this process.

But for the first time, I’m embracing the idea that I can build my income to a point where I could actually meet some more of my goals rather than just continuing to slog through with the focus on extreme frugality.

I’m starting to have a little more faith that I can create my own future and truly believe it will come to pass rather than waiting for the floor to drop as I brace once again to pivot my goals to match my ever-changing surroundings.

This time around, I’m finding that establishing that confidence in myself at the income level is a step in the right direction. I’ve had more faith the money I need will be there when I need it, which can be a major concern when you’re a freelancer.

That makes me marginally less stressed so I tend to make (marginally) better financial decisions.

Those marginally better decisions start to make life marginally easier and easier still, reducing stress and upping good decision-making. Because you’ve asserted power in one area of your life, you feel like you can regain it in all the others.

This is all kind of heady. I mean, I’m only on month two of this little experiment.

But I’m curious: Have you ever struggled with abundance vs getting by vs realism? And if you created an income goal chart, which lyrics would you use to motivate yourself?

Work From Home As A Freelancer With These Online Freelancer Jobs

This post is brought to you and contributed by Sarah Morris.

Individual sitting at at desk in a coffee shop working on a laptop.

Having a job at a great company can be a fantastic experience. With a good-paying job, great people and the right environment, working outside of the home can actually be an enjoyable experience.

The problem with working in an office is that you may have to endure rush hour traffic to get to work. By the time you arrive, you’re already tired and stressed out. Then you get to do it all again for the commute home.

This is where working from the comfort of your home comes into play.

If you’re looking to work from home as a freelancer, here are a few online freelancer jobs you may consider from the get-go:

Writing

If you find satisfaction in writing on any specific topic, then you may want to consider writing as a freelance job from home. With a reliable internet connection and a laptop, you can start your own blog and use it as a portfolio to launch your new venture.

Writing can be a fantastic work-from-home opportunity. As long as you exert some effort and persistence, this online freelance job can bring in a family-supporting income. So get ready with your pitches and treat this as a significant money-making venture.

If you’re looking for other work opportunities aside from writing, you can check more online jobs here for further reference.

Virtual Assistant Work

Organizational skills are a must in virtual assistant work. If you possess these skills or have past experience in office administration, you can do a similar job in your own home.

Typically, the work of virtual assistants is to provide administrative support over the internet. Answering emails and Skype calls, taking minutes of the meeting and reports, and many more are some of the typical jobs of a virtual assistant.

Web Design and Development

With the advent of modern technology these days, working as a web designer and developer from the comfort of your home can be a fulfilling freelance job for anyone who possesses creativity and a technical mind. Considering the growing number of companies that need websites, jobs involving web design and development can make you more money. Moreover, by becoming a freelancer, you have control over your time, and you can get any clients you want.

Marketing and Personal Relations Job

Another profitable freelance job that you can venture into is in the field of marketing and personal relations. With a phone and an internet connection, you can fulfill the necessary tasks from your home. With just a few marketing skills, you can earn more income by becoming a marketer, manager or even a social media coordinator.

Doing Online Surveys

This is an online freelance job opportunity from home that you can work on anytime. You may be wondering why answering surveys can be a source of income. The truth is, people’s opinions and recommendations are essential to companies, especially if they want to get to know their target audiences and generate more sales. Many companies out there have taken advanatge of this need and serve as reward sites to distribute surveys to their members.

You’re unlikely to get rich doing surveys. But it is a quick way to drum up some minimal cash.

Transcription Jobs

If you’re familiar with the technical language of the legal and medical field, then you could have a bright future as a transcriptionist. This kind of online freelance job can be a fantastic way of making money from home. All you have to do is to listen to the audio recordings and write down whatever the speaker in the audio is saying. Be sure you possess excellent listening and typing skills so you can do the job with ease.

Bear in mind that less technical work will result in much lower pay.

Selling Crafts Online

You can use your love for making handmade gifts and crafts to earn more money online. Whether it’s luggage tags or knitted pants, selling crafts can be a great income opportunity you can pursue from the comfort of your own home.

A home-based job doesn’t always have to involve sitting in front of your computer. Sometimes, it’s also about sitting in front of the table doing some creative stuff, taking pictures of your products and posting them on your website. Also, selling crafts on the Web means you have to cater to your clients’ online queries, take their orders and payments, and handle the shipping for them. With this kind of job, you can work on your own time and with your own supplies.

Online Tutoring

With today’s modern technology, teaching online can be a profitable freelance job opportunity. For example, there are plenty of companies out there that offer online English tutoring jobs for anyone who wants to be a freelancer. All you need to have is a stable internet connection, computer or laptop, and basic knowledge in English. Aside from English, you can also work as an online tutor for any other subject you like.

Conclusion

Sometimes looking for the best online freelance job from home isn’t easy. You may have to get familiar with the kinds of home-based jobs that are in demand on the market these days. If you know what your skills, strengths, and weaknesses are, then use this article to help you find the right freelance work.

Happy News from the Land of Femme Frugality

It’s time for a huge update, friends!

I’ve been working on some stuff behind the scenes lately that I’m super psyched about. And I can finally tell you about all most of it!

Vote for The Feminist Financial Handbook

The Plutus Awards nominations are open! You guys have been super kind to me over the past few years, nominating Femme Frugality for Best Women’s Finance Blog and the Intersectional Finances Series for Best PF Series.

I’d be beyond grateful if you could take a couple minutes to vote for The Feminist Financial Handbook for Best New Personal Finance Book for this years’ awards ceremony!

You can vote by using this pre-filled form!

Just fill out the two starred boxes at the top and submit–thank you so much!

Speaking at FinCon

I’m excited to announce that I’ll be speaking at FinCon in DC this year! I’ll be joining Paul Curley of the 529 Conference and Sarah Pennington of ABLEnow.

We’ll be speaking on ABLE accounts on the Quick Money Talks track, educating writers and financial professionals on these accounts that serve the disabled community. Be sure to join us there!

If you want to get a head start, check out these resources:

Check out all the stuff I had wrong when I was 20.

I recently had my first piece published over at Business Insider. It’s all about the things I wish I had known about money when I was twenty–a year which happened to have the Great Recession as its backdrop.

You should check it out–I want to hear if you made some of the mistakes I did or if I was just ridiculous.

I mean, let’s be real. It could be both.

Book Signing in Bar Harbor

 
 
 
 
 
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A post shared by Bailey Zembower BorrowMSCP RYT (@shantisunshinewellness) on

If you are vacationing in Bar Harbor in July, or happen to be one of MDI’s local residents, please join me at a book signing for The Feminist Financial Handbook!

Where: Sherman’s of Bar Harbor
When: July 23rd, 2019
Time: 1p

There will be copies there available for you, and am looking forward to talking to some readers in person!

This event will be part of a larger project; I’m sitting on my hands so I won’t tell you the whole thing right now!

But it will be worth the wait, I believe. Be sure to follow along so you don’t miss anything!