How to Save and Make Money Online in a Recession
Posted: Thursday, October 08, 2009
by Deborah Nelson
Author Your Dreams
It seems everyone is buzzing about an economic recession, which simply put, means that money is tight. On the surface, that sounds bad, but there are good things about a recession. Because money is tight, prices are reduced, especially in the travel industry.
- Online Vacation : I went on my first vacation in 6 years during a recession in the 1980s. This was because I was unemployed and had the time. I found an off-season "buy-one-get one free" vacation package, and teamed up with a friend and halved the cost! It was one of the best vacations of my life. We went to a 5-star resort in Cancun and it was amazing. Let your fingers do the shopping at the online travel services where travel bargains flourish! If you diligently save $100 a month or so, you can earn the money in a year to take that deeply discounted vacation. The next two tips will tell you how.
- Sho p Online Stores: Remember when the factory outlet malls emerged, high-end brands were for sale at a fraction of the cost? Necessity is the mother of invention. The Blastoff Network and Ebates, has taken online shopping to a whole new level. Instead of burning gas, shop online for all your major brands and for almost everything except for groceries. Sears, Starbucks, Target, Go Daddy, where do you shop? Now there's a way to shop online and get cash back for doing so. Your cash back is paid monthly or quarterly; and since savings are repetitive they compound over time.
- Online home based Business: You may now create websites for free online, as well as free hosting through platforms like Word press, or Google websites. The only thing you might want to buy is a domain name for about $10. Some simple website building programs have emerged and it takes a few days or weeks to learn it. If you have a computer at home, you may generate extra income by marketing information or a product about which you are passionate and knowledgeable. And do some research to become an affiliate for online businesses that pay you for referrals/sales from your online social network, and business associates.
Deborah Nelson is a writer/entrepreneur, and founder of several small businesses; including Author Your Dreams (http://www.AuthorYourDreams.com), training in how to realize dreams consciously.
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