More income while having fun – ways to make money without a second job

admin Business, Money

Nobody ever has enough money to buy everything he or she wants. If you’re a beggar your aspiration is probably to get a second slice of bread for the day. And if you’re Bill Gates you might be dreaming of your 2nd or 5th luxury yacht.

Luckily there are many ways to earn extra money without actually taking on another job. Let’s categorize them into offline and online. With the former you can house-sit or baby-sit, you can clean other people’s homes, and perform many other labor- or time based tasks for which people are prepared to pay.

Online the options are virtually limitless. If you are good with words you can write blogs or website content. You can also become a vlogger, i.e. you make YouTube videos about topics that will interest people and make money from the Google ads. Another favorite way to make money online is by selling products and/or services on behalf of companies as an affiliate. You will get a commission on everything you sell. Some will even give you a free website to promote, complete with a product catalog.

If all of that sounds like too much work it’s of course also possible to make money at your local casino, or at any of the numerous online casinos. The only problem here is that if you don’t follow a system you could easily lose your savings very quickly.

The secret is money management. There are generally speaking three approaches that can be followed: play for fun, seeking moderate wins and pursuing a win at all costs.

Playing for fun means you will minimize your chances of losing big money. The best way to do this is to flat bet, i.e. to risk the same amount on every bet. You are also unlikely to win big.

Trying to win money without risking much is more difficult. A popular strategy here is to press your luck after every win in the hope of reaping more rewards. Don’t get greedy though – rather walk away after two solid wins than lose everything during the next round.

Those who pursue winning at all costs often use the Martingale method, i.e. they double-up their wager after every unsuccessful bet. This way, when they do win, they will recoup all their losses plus make a small profit.

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