What is a good way to come up with 2000 dollars within a month without saving from my wages ie stock market?

i would like an extra income seing as i am a family on a single wage and would like to buy a house if we can ever afford it

You are wise to consider investing in both real estate and the stock market.

First, there is no way to predict how much money you will make or lose in the stock market. Over time, there are different approaches that have worked. Even 5 years is a short amount of time for a stock portfolio.

Don't give up though. There are lots of other ways to make money. If you are a parent you most likely know something about babies. You probably have other talents as well. Search eBay for products you might be able to make yourself and sell. I think baby clothes and toys have great potential.

Working another job is a good idea too. Might be hard to spend more time away from your kids.

Also, make every dollar you have now go as far as possible.
Do you have the best insurance rates? Lowerst possible bank fees? Is there any luxuries you could do without until you achieve your goal? Public transit, bagged lunches and coffee from home in a thermos are all examples.

Also, learn about real estate power of sales and foreclosures. If you are frugal and smart, you can pick up properties cheaply. Stay away from brokers and houses marketed to first time home buyers if you can. Talk with a good home inspector too.

Supporting a family on one wage is a challenging proposition. The temptation to just give up is strong. I applaud you for thinking ahead and starting a plan! There are thousands of examples of people in your position going on to enjoy financial freedom.

Good luck!

I almost hate giving you this suggestion, because I have seen so many people fail at this over the years I have been a broker, but you might have the motivation and skills to make it work. At the same time, failing at this will not cost you much money, just some of your time and you are certain to learn quite a bit that you will always find useful. Because the entry to the business is so easy, it is very competitive, and rejection is a frequent experience.

Get yourself a real estate license, or if your state requires it, consider getting a loan agent license. There is very little overhead for a real estate agent or loan agent. You can work part-time, but you will be giving up your evenings, weekends, and be expected to answer the phone at all hours of the day. Most new real estate agents manage to produce a fair amount of business just from friends and relatives. After that runs out is when many give up. It may take 6 months or a year for you to earn your first commission, but they can be quite large. Loan commissions can be smaller, but are often more frequent. Even when interest rates are rising, people need mortgages. Both jobs require that you enjoy working with people, even when they are being difficult.

You will have to hang your license with a broker, who is responsible for supervising your transactions. Finding a broker you like and trust is important. Depending on your area, your first commission might be enough to raise your income $2000 a month. While you are learning, you will also be learning how to buy and be an investor. This is where the real long term potential is in real estate.

Both real estate and the stock market have to be approached from a long term point of view, unless you have enough capital to become a day trader or to buy real estate deals with cash. A half million dollar portfolio might be a realistic requirement to be sure to earn $2000-$4000 a month. If you had that much capital I am sure you would already own a house. Good luck.

Trying to make money off the stock market in a month is gambling. You may make money, but you could also lose a lot.

Just work for me from your home.

o Get a second job (however, $2,000 in one month from a second job will be difficult unless you have a very marketable and special skill)
o Borrow from a family member or friend
o If you own a home and have equity, take out an equity line
o Pawn or sell assets

Those are about the only surefire, legal alternatives. Anything else (for example, the stock market) is speculative and you could lose just as easily as you could make money in a timeframe as short as a month. Making $2,000 on real estate investing within a month is very unlikely.

start a kissing booth

Go for part-time jobs, like being a waiter/waitress at KFC or MagD or maybe washing dishes too?, run errands may be for some companies that pay well to part-timers?

GO AROUND WHERE YOU LIVE AND FIND ANY THING YOU DON'T REALLY CARE ABOUT.OR THINGs YOU COULD DO WITHOUT THAT ARE LESS INPORTANT THEN GETTING YOUR HOUSE AND SELL THEM ON E-BAY.yOU WOLD BE VERY SURPRISED WITH HOW FAST YOU CAN COME UP WITH THE 2000..................danny

Enter Your Message or Comment

User Name:
User Email:
Post a comment:

Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy