Money Matters : Diversify your Money + House Tour

Money as we all know is one main ingredient to survive especially if we're living in the big city. That means by having money, people have the power and responsibility comes alongside with that. But then again, there's this what we call inflation and the rising prices of daily goods. Let's start early and protect the value of our money. Let's diversify our money so we have some fallback on in case something unexpected happens. I have here 5 ways.

Five Ways to Diversify Our Money and Start Earning More Outside our Job

1. Have a part-time job.

Yes to this. If you have spare time, then why not do it, right? You can start by establishing good set of relationships and friends. Look within you and assess what you're good at. If you have the chance, go for it. You can be a part-time tutor for students, be a proofreader and teach something online to name a few.

2. Invest in Real Estate.

If you have the resources, then try this. One thing to take note is you have to have enough knowledge, do your research and attend seminars  about this to widen your horizon. It really doesn't need to be big time and start small. What I mean is if you have some extra room / space that you don't use, then you can have it rented. That still counts for sure.

3. Invest in stock market.

It may seem scary and confusing at first but it does make a lot of difference. Once again, let's take baby steps here. Join some groups on Facebook about this stock investment, make friends with them and attend meetings and seminars religiously. You can start small with you capital and let it grow through the years. It really pays to know your money is growing in your stocks portfolio than seeing it later in the bank that it's still the same amount after a number of years. This method of investing protects your money from inflation and at the same time it can also be a good preparation for your retirement funds.

4. Passive Income without doing anything

Yes, this is the easiest and safest than the others listed here. As they say, if you have the financial resources, then let it work alone according to your favor. I'll enumerate the ways how to do this.

1. You can start writing a blog and make some Youtube videos. Starting small but doing that regularly will surely bring you somewhere.   
2. You can also sell and resell online like on Carousell and Shopee to name a few. 
3. If you have extra funds, talk to your bank and your insurance agent. They are the best people to give you sensible pieces of advice. You can try time deposit in banks, mutual funds, bonds, and the one in PAG-IBIG savings that earn dividends every year. 

5. Don't forget your DAY JOB.

This day job I refer to as your main source of income. Truth be told, the first four ways all sound so nice and interesting. However, maintaining your day job gives you this security that whatever happens, this will remain constant. Plus, nothing beats that feeling that you have this steady income that gives you peace of mind and at the same time you also venture and try new things and still earn. A win-win situation indeed.

Also, I have included here a short clip of our family vacation house. Who knows in the future this house and lot will also upraise its value. I'm keeping my fingers crossed.

That's it for me. Always remember guys, we don't to always look for a part-time job. We can also focus on our own potentials, sharpen them and learn continuously so you can ask for a raise and other job benefits. It's always a give and take situation.  Take care and good luck.

--- Belle