Are you looking for a side hustle to make extra income? In this video, I'll show you how to make extra money for the holidays. This is part 2 of a 3-part video series.
Key Moments In This Episode ======================== 00:00 Intro & Summary 00:48 Other Ways To Make Money 01:24 How To Do Dropshipping 02:10 How To Make Extra Money 03:40 How To Live A Corporate Life
What To Watch Next ======================== How To Learn About Money And Investing • How To Learn About Money And Investing
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About Loral Langemeier ======================== Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and Five Time New York Times best-selling author who is on a relentless mission to change the conversation about money and empower people around the world to become millionaires.
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How to make extra money for the holidays. So this is the part two of a part three series
on holiday income and how to make money, how to save some money while you're making it.
Because you can put some money away and have a good jumpstart into 2023.
So the three things we're going to talk about specifically is how do you make more money?
Part two, we're going to talk about how to make extra cash,
like a little bit of a side hustle. And there's so many ways that on that one,
you may want to continue this for all the way into 2023 and just keep making money.
And then third, I want to talk about how do you save some money? How do you put some away?
So you have a new pattern of make invest money instead of make spend as you move into 2023.
So let's begin. So let's talk about other ways to make money. So there's tons of holiday ways,
right? But let's talk about your home. What could you eBay,
right? To just do a little holiday cleansing. You could eBay, you can put up a Shopify store.
So I have a lot of clients who do custom promotional products. What a great thing
for the holiday. You know, you could be part of the whole ugly sweater thing,
sell ugly sweaters to your family members, put their names on them, make Christmas stockings
for people. What else could you do to side hustle in the holidays and make extra money?
So again, I want you to make a task list for you and all your children. I want you to put prices
of what you want to make and how you could do it. Another category we haven't talked a lot about
is Amazon. Amazon still is a world leader in helping people make money. Now there's specific
things, and you're probably a little behind the eight ball if you want to drop ship, but you still
could go out and find some items that are drop shippable. As long as you can get them in for
the holiday or actually say you're going to buy them for the holiday, they'll receive them in
January. So you can Amazon, you can be an affiliate marketer. You could join direct
sales companies. And like I love send out cards. I'm a huge, huge fan. And the top people are there.
So if you go to the description below, go to askloreal.com forward slash cards,
you can actually send for $97 unlimited postcards to all the people that you know,
to send them out a Christmas gift. It's a good starter for them to get in connection with you
as you look at 2023 and how you want to make some money. So another option to make some money for
those of you that are creative and love to design things and customize things is Etsy. You could
start your own store. There are people making jewelry. There are people beading. There are
people painting. All sorts of custom things are made and sold out there. So lots of ways for you
to make money. And again, a lot of you clean out your closets before the holidays, right? Go out
and Poshmark and put them out on online stores, put them on eBay, put them in your local Facebook
marketplace. The side hustles that I really like that I know people have made well into five
figures, not six, but five, like 10,000 or more is putting up and down Christmas lights, shoveling
snow. Like what else could you do? Those of you that are younger, that are watching, you could
babysit. Like what a great gift. Let mom and dad go have, or your partner go have, you know,
a holiday dinner. Babysit for New Year's. Do you know how much money is spent on New Year's for
babysitting? So parents can go out and have a rock and roll party, host a party, cater. And there's
so many things I could just keep brainstorming. So I want you to make a list. What do you want
to do to make more money for you and your family? And for some of you, I do want you thinking,
how could you continue this as a side hustle? As you go into next year, what's the first holiday
up? Then you got Valentine's day. Then you have St. Patty's day. Like every month has a theme.
I have a client who actually does themed like decorations and she makes millions selling all
this stuff on the internet. So she's on lots of stores, lots of avenues, and you all buy her.
So you can do a lot of this as well. So as you're making this money, let's talk about how you're
going to make it. Even though this might just be a holiday thing, you need to be living corporate
life. So living corporate life means at least somebody in the family have an LLC, an S-corp,
a C-corp. I want you to go call our office. It's in the description, our phone number's below.
And more importantly, I want to give you a gift of joining my Millionaire Intensive and
Marketplace. Come join us, make some money, learn to make money and understand corporate structure.
If you just have a job and you're putting this money in a personal bank account, it will be
taxable. So when you put it inside a company, now you get to do deductions. You get to deduct your
phones, your cars, a portion of them, computers. You can go on business trips. There's so much
bigger structure than just side hustle, make a little bit of money to spend a little money.
Because a lot of you aren't really thinking about the tax complications. The other thing I want to
invite you to do, and we're going to be talking about this more on part three, is actually saving
and putting your money away. Where could you put your money so you can actually jumpstart into 2023?
And some of this money could be spent on gifts. It could be spent on each other, or you could
actually start investing. So we'll talk about that on part three. Right now, I want you to subscribe
to my channel, click the notification button, click the bell. So every morning, five days a week,
what a great gift for the holiday. So you can make some fun cards. You can send it out to all
your friends and say, let's start a conversation about money and business in 2023. Send out, you
know, 97 cards and spend a dollar per card. Have some fun over the holidays, make some money, make
a side hustle. More importantly, take this seriously that this could actually be the total
transition to your family being highly taxed to having extraordinary tax strategies. If there's
a topic as we move into 2023 that you want me to talk about, this is me surveying you, put it in
the comments below. We're getting ready to do our 2023 recordings and come back out to you with
financial business education. Here are five days a week for you and your family. If you have any
questions and want some support immediately, we have a team full time, always on call. So go to
asklaurel.com, make a request, say, I want to talk to somebody on the Laurel's team immediately
about your side hustle, your holidays. Maybe you're not understanding what I meant by living
corporate life. So just call our office, have a conversation. That's how the money conversation
begins and your conversation at home changes. So we'll talk to you tomorrow.