Any budget ideas for a college student with a small income?
Liz M asked:
I have bills and i dont make much….and it always seems that the bills are never ending and like i wont have enough for other life expenses…i need a good budget that i can stick to, which isnt all that easy for me…can anyone give me some ideas on how to budget my income so i can pay off about 1200 bucks in debt along with rent and other expenses within about a year? sooner if possible? specifics would be helpful =) thanks!!
I have bills and i dont make much….and it always seems that the bills are never ending and like i wont have enough for other life expenses…i need a good budget that i can stick to, which isnt all that easy for me…can anyone give me some ideas on how to budget my income so i can pay off about 1200 bucks in debt along with rent and other expenses within about a year? sooner if possible? specifics would be helpful =) thanks!!
April 5th, 2009 at 4:28 am
4 things you can do:
1. Increase income
2. Reduce expenses
3. Increase Return of Investment (ROI) in your investment
4. Create multiple streams of income
Some ideas to earn extra money:
1. Tutoring students
2. Using skills you have
3. MLM businesses
Personally, I find that an internet business is an easy way to create a passive income because:
1. Requires small to zero capital
2. Gets started right away and easily
3. Allows you to work from home or anywhere in the world as long as there is an internet connection
4. Has unlimited potential to earn money
5. No age or education requirements
6. Doesn’t need you to have to have a company
What you need to do is to learn about the internet business as much as possible to discover whether it is for you and what your strategy is. There is free information around.
Good luck.
April 8th, 2009 at 4:33 am
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