A second income is possible, if you know how. Picture: File Source: HWT Image Library
WISH you could supplement your salary? Here's some great ways you can help yourself to extra cash.
1. PURSUE AN INTEREST
CAREER success stories are littered with people who turned their hobby or passion into a job. Do you do something that you could sell? Are you always giving financial advice to friends and family and could share your insights with others if qualified? Would other people pay you to do tasks you enjoy? You may be able to earn extra cash each week for doing something you love or do regularly.
2. LEARN BUSINESS
IF YOU would like to start a side business, learn the skills you need before it gets under way. Whether it's bookkeeping to ensure a profitable budget or an MBA degree, a business course can help your interest become a successful venture. Many small business organisations and employment providers also supply free advice or access to mentors or other support to help people get their business off the ground. Visit business.gov.au for more information
3. GET QUALIFIED
TAFE and private education providers have many courses that can help turn your interest into a formal qualification. Interested in the share market? Study a course to learn the ropes of investing. Have a passion for renovating? A property development or building certificate could help you get a start in the field. Many courses can be studied part-time, after hours and externally.
4. FIND A CONTRACT JOB
IN THE modern employment market, many employers are looking for short-term staff they do not want to hire permanently. Scour job ads or approach desired employers for opportunities and negotiate with them about the hours of work. If you have in-demand skills or are willing to be flexible, employers may be flexible with you. You may prove to be too valuable to be let go at the end of the contract or be offered ongoing opportunities as they arise.
5. THINK OUTSIDE THE SQUARE
CAN you take annual or long service leave and pick fruit or work at a grain silo over summer? Seasonal roles are available with agricultural companies every year. Could you start a blog that would attract advertisers to pay to be featured on your site? Online opportunities are endless once you start looking. Want to teach others what you know? People need tutors for such things as being better at high school subjects or learning a sport.