Nine Ways to Consider Creating Money for Next Year

Tom Handy

One of the top resolutions in 2022 is to create more money. Everyone from the rich to the poor wants to make more money. Just about everything you do in life requires money.

Anything involving creating more money is a little more work than buying a lottery ticket. You have to put in the work to reap the rewards. Use the resources around you to create a better 2021. Take advantage of YouTube, read articles and books, or find a mentor. Maybe you need to use all of the options mentioned.

Creating money will not fall from the sky. You have to do the work. Be ready to fail, but the more you fail, the closer you’ll get to making more money. By the end of the year, you could have a new stream of income, putting money in your pocket.

These are nine options for you to consider.

1. Invest in stocks

To earn income from stocks you need to invest in dividend stocks. Dividend stocks are not your typical stocks, but these stocks pay you monthly, quarterly, or semiannually. Some good options are to look at Dividend Aristocrats that have paid investors for at least 25 years.

2. Play Monopoly in real life

Invest in real estate and earn income from your tenants.

3. Work with Jeff Bezos

Sell items through Amazon FBA. Let Amazon sell for you.

4. Work with Mark Zuckerberg

Use Facebook Marketplace to flip items you no longer use. Another option is to sell items that you bought that were on sale.

5. Flip houses

Find a home that you can flip to another real estate investor or sell to a new home buyer.

6. Invest in Bitcoin and Cryptocurrencies

Bitcoin is making a lot of noise in 2020 and will continue for the next several years. Big businesses are jumping on board, and some recommend having a portion of your portfolio in cryptocurrencies.

7. Invest in precious metals

Silver and gold are seeing interest with the Federal government printing more money. Don’t hold on to these metals too long since the prices will most likely drop unless you want to wait.

8. Become an eBay power seller

More people are buying online due to coronavirus. This may be your time to find a niche and capitalize on eBay.

9. Sell items on Shopify and Etsy

Like eBay, these two online sellers are growing.

These options are a few ways you can make money in 2021.

Do you plan to try one of these?

This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any significant financial decisions.

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