Earn over $1,378 by taking the 52-Week Make Money Challenge
The 52 Week Make Money Challenge encourages participants to find ways to earn a little extra money each week, above and beyond the normal income. It’s similar to the 52-week save money challenge, but the focus is on earning money rather than saving money. There are three variations of the challenge which can be attempted.
The Standard Challenge (Click on Image to Print)
The standard challenge is fairly simple and straight forward. You must earn $1 the first week. Next week, you will figure out how to earn $2. Next week (week three), you need to earn $3. Continue to do this until you reach the week that you want to earn money. You should earn $52 in week 52. The Alternative Challenge (Click the Image to Print).
The Alternate Challenge. You can choose your own amount for each week instead of going from $1 to $52 every week. If you made $35 during the first weeks, you’d cross out the box for $35 at the bottom and then put $35 on the first line of earnings. The alternative method gives people a greater chance to complete the challenge because it is flexible. The alternative method is a good option because it’s hard to predict how much money you will make each week. The goal should always be to try and earn the highest amount possible each week, but if life throws some challenges your way in the later months, and you’re only able to earn a little bit for a few weeks, you can cross off the smaller amounts without failing at the challenge.
There are three basic ways that you can approach this challenge, depending on what you feel gives you the greatest chance of reaching the goal, and what you’re most comfortable doing.
1. Single Money Earner
With the single money earner, you choose a way to earn money each week and stick with it throughout the year. You could decide to sell all the extra items you have lying around your house in order to make money. You sell a few items each week and put the profit towards your challenge. This is why you focus on one method of making money all year long to achieve your goal. Focusing on one thing for a whole year will help you become really good at making money.
2. In this version you will try a variety of little things to help you achieve the challenge goal. You could, for example, in addition to the items you sell around your house, start doing online surveys, babysit at weekends and knit baby hats that you can sell at fairs. As part of this challenge, instead of focusing solely on one method of making money, you try a number of them. If you’re interested in this idea, I have listed some ideas at the end of this post to get you started.
3. Combination
Another option is to a combination of the above two. You would pick one thing as your main method of earning extra cash and then add other options. You could, for example, sell items around your home that are no longer needed, and also add in surveys to make the challenge more interesting. It’s also a great way to get your entrepreneurial spirit going and to start creating a variety of income streams so that you aren’t so reliant on a single source. It’s also a great way to get your entrepreneurial spirit going, and an excellent way to begin creating a variety of income streams so that you aren’t so reliant on a single income source.
So, How Do I Earn The Money For The Challenge?
Lastly, you might be asking, “Okay, how do I make money?” Here are some ideas if you want to get started on the single or varied earner options:
Taking Surveys:
The best app in this space is: 1Q. The best app in this area is 1Q. It pays 25 cents for each QUESTION. You won’t be able to supplement your income, but it will help you reach the $1 or $2 per week you need for the challenge. Sell your electronic data:
Due regulatory changes, your data now has legal recognition as your own property. You can get paid to share your demographic data, web browsing history, transactional data, etc. Consider Nielson Opinion Reward, Savvy Connect and Earn App if you’re interested in this. These companies will actually pay you to provide your data. They’re all super easy to install and payout reliably.
Investing For Passive Income:
Buying stocks, bonds and investing in real estate investment trusts is an excellent way to earn money. These assets pay out on a quarterly or monthly basis. Consider opening Robinhood accounts while you are working on it. Robinhood will give you up $200 worth of free stock when you sign up. You can sell the stock, or you can invest it in a manner that will bring you income. It takes only 15 minutes to sign up. Here’s how to sign up. Get a Well-Paying Part Time Job :
There are three good part-time jobs that pay well: Mail carrier, personal driving, (Uber & Lyft), or real estate agent. Agents are often required to work long hours, but they get paid at a rate of more than $50 an hour. Sell things you don’t use:
Many Americans have items in their homes that they haven’t used for years. Sell your old shoes, clothes, or other items that you don’t use. Facebook Marketplace, Craigslist and Offer Up are great platforms that allow you to sell used items for free.
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- For more lists of ways to make extra money, consider these: Check the SavingAdvice Forum’s forum on ways to make money.
- PTMoney.com also has a solid list of 52 ways to make extra money.Financebuzz also has a list with some offbeat extra money ideas that might help fuel your challenge. (Photo by Nick Ares).
