How to make money on a daily basis to handle expenses

 

Since there are daily expenses to handle it better to get involve in making money on a daily bases  but the common way people use to get money is rather monthly. Having daily expenses to handle and waiting for the month to end before you can earn money, can put you into several financial constraints and others who can’t wait for the month to end will either borrow money or buy items on credit and pay later when they get their monthly income.

At the end of this article, you will learn how to make money on a daily basis and allocate that money to meet your daily expenses which by so doing, will help you live a financial freedom life which will cause every money coming to you to be an excess. 

After attaining formal education in school, the best self-education to give yourself is to learn how to make money creatively. The money system in every country is like a river flowing and anyone who can dig a trench to the river will have it flow them. There are several ways to make money on a daily basis but the first thing to consider is the reason why you want to make extra money. Without doing this, you will just be like the people who are making a lot of money yet are always not having enough money to handle their expenses because of poor financial management. Making more money never guarantees financial freedom but better financial management does.

As already illustrated that money flows like a river and an individuals ability to dig a  trench to the river will cause the river to flow to him. Just like the water in the river is in abundant quantity, so is money in our city. Money is never scarce as many people think, but the problem many people are having is how to dig a trench to the money river flowing abundantly in every nation.

What is money?

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context.

From the definition is a bonified truth that money is only given as a recognition for providing goods or service or a means to pay debts. Because of this, when anyone thinks of the need to make extra money to handle expenses, the person shouldn't be considering only having more of the paper money or its electronic equivalence but rather think of money in terms of service or products.

 In our context, services and products are the trench to dig to the river of money flowing in abundance through our cities.  Money is all around us in abundance but the lack of this knowledge is what has never made many people free from the constraint it has put them in.

Everything we use on ourselves cost money, everything around us cost money to have. Even the sand and stones we walk on are sold in large quantity to make money.  In short, money is involved in everything that we do, but why are a few people having more money than others. The lack of money is all due to the poor understanding many people are having about it and sometimes the style of our education system which train us to think we can only make a living by working for someone. That is why, after school it easy for many to move around seeking for jobs than to start one and grow it. Every job will pay its workers, at the end of the month, and this long waiting period to get money to meet our daily needs is what calls for us all here to learn how to make money daily.

Ways to make money on a daily basis 

1. Know that it is possible 

It normal for someone who has been so used to earning money every month to think it not possible to make money on a daily basis. What you need to consider is that there are already people making money on a daily basis, and the fact that you even use of your money every day to pay for a product bought or a service rendered to you is just a proof that there are people, asking money every day. Once this thought is settled in your mind looking for ways to make money now becomes easy because without belief no project can even be started.

2. Why do you want to make extra money? 

To every action, there must be a purpose because that the only way you can tell whether you are making progress or not and also help you determine your fulfilment. When it comes to making money, if you don’t have a primary goal in mind you might end up using the money for other purposes and you might still not be able to pay your expenses and imagine you still find yourself in the same financial constraint you found yourself before starting your business. Making more money alone make not guarantee for financial freedom but having a financial plan to use the money wisely is what matters the most. The individual who wants to make extra money must first make a list of all rates of his or her life where he needs the financial support to handle and then he determines the amount of money that will be needed. This will help you to understand what business to consider. Without this proper analysis, you may end up do a business that will not be the handle to support your expenses.

3. Are you willing to do whatever it takes?

One of the major requirements for success in any field is ready to do whatever it takes to get what you want. You will be surprised to know many people have the desire for one thing or the other but are not ready to do what they have to do to get what they want. The best way to get yourself ready for the life of making money daily is to sit down and look at what will be the prize you will have to pay and look at the challenges you are likely to face and see if you are ready to face them. For some, it may be trying to balance their time, or it may be the discipline of acquiring the knowledge about business they want to do and others it may that, they will have to reduce their sleep time to wake up early to get something ready especially those who will like to cook or sell something that has high demand in the morning. When you get to know the kind of business you will want to do access yourself whether you are ready to do what it takes or else get another business to do.

4. List all human needs

A business that makes money on the daily bases are the ones that are linked to helping people to meet their daily human needs and if you want to make money daily then making a list of them can assist you to know what area you can to go in. People eat every day, wear cloth every day, transport themselves every day, use data or airtime every day, use phone every day, ladies use many things on themselves every day etc. And once you begin to look at these areas you will begin to see what area will be your favourite and then you begin to do the necessary research about how to enter such field to do business.

5. Research areas of interest 

Take time and do research online or from local people around to know what the actual business you can do in your chosen area, how to do such business and also how much revenue can be generated from such business so you can tell whether it can help you meet your financial goal.

6. Access your time availability 

Every business and the time require to run it, some needs a lot of time and others need less time. If you want to pick a business, you will have to know the time required to run such business and look at your time if you can manage your time to do them. If peradventure you don’t have enough time to run the business but you still want to go into that business then you can either employ someone to handle the business for you or you will have to invest your money into someone who is in that business so they pay you a percentage of their profit. 

7. Source of resources 

There different resources that can be used to do business, which are physical resources, human resources, intellectual resources and financial resources. Physical resources include physical properties like land, building and equipment needed to do the business. The human resource includes the employees, intellectual resources include the skills to run the business and financial resources involves the finances to operate the business. The kind of business and the resource that will be needed will determine what you will need. Let assume you have no resources but you still will want to make extra money to handle your expenses, then kindly read my previous article on how to do business with no money

8. Acquire a short training 

Anything worth doing is worth training for and hence a trained person will do better than someone who entered the business with no trained skill. Today is this modern world, there several free platforms you can acquire any training you want. Whatever business you want to do with the assistance of YouTube and Google you can have access to vase information. Whatever business you want to do, kindly put them into these two platforms and read or watch the video about them before you start. This is very vital because it has the likelihood for you to do well even better than others who are already in such business and it can even put you in the right position to train anyone who you want to employ. This will help you get to know the challenges associated with this business before you even start.

9. Link up with a mentor

kindly find a mentor online or around you who will be coaching you as you grow your business. A mentor will help you handle a problem better than you can do because they may have faced a similar problem before.