Money

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Revision as of 19:45, 7 November 2023 by Phalseid (talk | contribs) (https://openai.com/residency)
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Money is the equivalent of social power or energy. With it, you can do things with your life. As a parental unit I (User:Phalseid) have been (rightly) criticized for thinking too much about Money. In defense, I would argue that after Relationships, Money is the next most important thing in order to effectively manage and be a good steward of life. To that end, I have decided to post a few points that I think might be helpful for my gentle reader.

Time

  • Learn about the power of interest. Do a lot early on.

Ideas To Make Money

Learn about the importance of communication. Learn to speak. Learn to listen.

Real Estate

Learn about and invest in real estate

Job Ideas

Landscape

  • Run a landscape company- Leaves/Lawns/Landscape/Liquid(frozen-snow if you are dense)(sprinker blowouts)/Lights(Christmas)/Ladder(leaves on Roof)
    • maintenance of your equipment and management of people are the two hardest things

Junk Removal

  • get rid of people's junk.
    • sort thru it and sell anything worthwhile
    • Estate Sale Business
    • Recycle brass from shooting ranges
    • Recycle x from y


Residency


Run a screen repair business

From Reddit: https://www.reddit.com/r/UnethicalLifeProTips/comments/17irgxz/ulpt_best_side_hustles_to_make_an_extra_200_a_week/

  • Honestly, the best side hustle I’ve found is replacing mesh on insect / solar screens. Network with roofers. Insurance pays to have these replaced. Cost of tools / materials is less than $100. I’ve made over 1k a weekend, more than once because of this. It will soon be my main hustle. Basically, you remove the screens from the home, replace the mesh, reinstall them and collect a check. There are plenty of YouTube videos showing what tools are needed and how to do it. I don’t deal directly with the insurance company. I subcontract for roofers who do all the leg work to get the customers and negotiate with the insurance companies. I am payed by the roofers. No licensure required where I am. You don’t have to be insured to do it. Anything you break you can fix. But if you’d rather be safe, I was quoted a premium of $750 a year. So it minimal. I am operating as a sole proprietorship with a DBA. I chose this over an LLC because the taxation is much better. Additionally, LLC formation is $300 where I live and DBA was $25. I don’t work with or around things that justify the cost of insurance or an LLC. Roofers often leave signs in the yards of houses that they have worked on. I would take pictures of them as I drove around and call them. Worst case they say no. Best case they say yes. This landed me a roofing company that has done over 40 million in sales this year. Additionally, just google local roofing companies. Make the calls.

Mushrooms

shut up and Grow mushrooms... Earn thousands a month. Only needs a small footprint and half a brain. Don't get cocky, be smart.

Auto detailing

Poop Scooping

  • anything with pets really
    • pet sitting
    • dog washing/walking
    • sniffspot

Buy and Sell Cars

  • Buy and sell n (anything you like or are interested in... autographs, money, bang bangs, etc)
  • research arbitrage. buy trucks in Texas, Sell them in Washington or Oregon or Coloraodo

Tutor

Wanna get good at something AND make money? Tutor.

Go crazy Rando

I wish someone would have given me at your age is bussing, serving, or bartending. Learn the skill and get in a place where people make good tips. Day shift bartending you might pull $150 of it's slow, or nightshift $400-$800 or more. Make $800 or more in a good night. Or get with a company that will teach you balloon twisting on drywall stilts. Most gigs pay good before the tips.

Start A business

Any business. then sell it. 3X annual receipts.


Video

a painfully bad video made from this article: https://video.pictory.ai/preview/79131435204749937507041698946708083