Money Glass

Is it time you went (back) to University?

Is it Time to Go (Back) to Uni?

Most of the articles we post here on MoneyGlass.co.uk are about ways to make money on the side, often as an active or passive side hustle. But at the root of it all, what we’re looking at here are ways to increase your income, so that you can have a better life.

When you’re young and starting out, University is generally touted as the best way to get an education that will lead to a well-paid career. The problem is, young adults are often clueless as to what they want to do with themselves and the degrees they choose are either not the type of degrees anyone needs, or they fail to put in the academic effort to be the top of the pack. From that point on, the chances are you’ve got a career in retail or an office ahead of you.

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What is Drop Shipping? Is it for you?

Dropshipping: What is it and how does it work?

Let’s start with a definition of dropshipping.

Dropshipping is a retail method in which the seller never physically possesses the products they sell. Instead, when a retailer sells a product from its website, the item is purchased from a third-party supplier, often the manufacturer, who then ships the item directly to the end customer.

As a result, the online seller never sees, holds, or ships the item; instead, they are effectively advertising it on behalf of the supplier and marking up the price of the product to make a profit.

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What is Ko-Fi, should you join?

Founded in 2012, Ko-fi has gained popularity and reputation as a website for independent creators to accept donations, memberships, and sales directly from their supporters. There are many benefits but also drawbacks to Ko-fi and that is what we will explore in this article.

What are the benefits of Ko-Fi

In the last decade, we have seen many individuals switching from regular jobs that pay an hourly rate into self-employed roles such as content creation, such as video creation, writing, and drawing.  Start-up creatives and freelancers tend to struggle to find their first few consecutive paychecks due to either a lack of recognition or because there is no medium for creators to seek payment for their work when they first set out. When they do find a platform to use, such as Fiverr, they have to contend with those same platforms charging a fee for their use. Fiverr, for example, takes a cut of 20% from each order that a freelancer on their website sells. 20%!

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Is it time for you to go Freelance?

2021 – Is it time for you to go freelance?

If you’ve considered working for yourself as a freelancer or consultant or perhaps even starting your own firm, the first question to ask yourself is why do you want to do so?

Or, to put it another way, why would you desire the flexibility to work at times that suit you, where you want, and in any way that you want, all whilst setting your responsibilities and work style? Why would you want the flexibility to schedule your hours around family or other responsibilities or choices, and why would you want to establish your network of clients and associates based on people you love spending time with? When you put it like this, it feels a lot more enticing.

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How to Avoid Freelancer Burn-out

How to avoid burning out as a freelancer

Freelancing can be rewarding, but it can also be challenging. Work gradually consumes too much of your time — you discover you don’t have time to spend with friends and family, you neglect your hobbies, and so on. Burnout is commonly associated with the corporate sector, but it also affects freelancers. What you can do about it is as follows.

Freelancing is a lot of fun. You have the independence to work from anywhere. You have complete control over your schedule. You also have some freedom to pick the type of work you wish to accomplish. There’s no bother and no fuss.

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My Fiverr Journey to Level 1 Seller

My Journey To Fiverr Seller Level One

Earlier this year, I decided I would make good on a plan that I have had for a while, and become a writer on Fiverr.

The decision to go back and make have a proper crack at becoming a writer on Fiverr was threefold. I had a passion project, a blog, that I wanted to get up and running and I was prepared to take a shortcut and hire a writer to get me the first few articles. That fell through and, despite being a lovely person, the writer had to keep delaying and eventually canceled my requests due to being too busy. That blog was this blog! And that cancellation led me to decide to write all of the articles myself. Everything on this site is an authentic observation from tests I have done to learn to generate money from side hustles, some of them passive, others not so much.

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What are Fiverr seller levels?

Fiverr is a Freelancing platform that has a simple seeming system for pricing and earning. When it first set out, gigs were set at $5, hence the name. Fiverr kept $1 and passed the rest on to the seller. Of course, with time, more complex jobs have been added and sellers have advanced in levels and can now charge hundreds of dollars for some gigs.

Fiverr uses a system of levels to help buyers to know what sort of seller they are approaching, and also to give the buyers a sense of achievement and something to strive to obtain and hold onto. There are a number of requirements to achieve each level and some rewards for achieving them.

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What is OnlyFans, and who is using it?

What is OnlyFans?

As the Covid-19 crisis continues to burn its way around the globe, online content creation has become the dream of an ever-growing section of the internet community dreaming who dream of creating and controlling their own online income. For those blessed to be the prettiest, most creative or most entertaining, this has led to a surge in the cult of personality. Creators are not leveraging a traditional skill set, but have instead turned themselves into entertainers, and as has always been true, some entertainment is not meant for younger audiences.

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What is Patreon, and is it for you?

Create Support at Patreon.

Patreon is a website dedicated to creating a platform of support for creators. Musicians, illustrators, streaming superstars and many other types of artists use Patreon to leverage their fanbase into an income. In the turmoil that is the year 2021, having an alternative funding source to traditional employment or the grind of surviving from the sale of your art could be a literal life saver.

Patreon allows a monthly (or per creation) payment from your fans supporters, to help you continue your work. In exchange they receive rewards in a series of tiers, allowing you, the creator, the opportunity to offer a widely appealing reward for many, such as early access to your work, or exclusive content, and higher tiers can offer this plus more, such as physical copies of prints, signed presses of your latest vinyl album, and so on. A popular method of reward is the inclusion of some or all of the Patreons names at the end of Youtube videos… perfect if that’s your medium.

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What is Kickstarter, and is it for you?

What is Kickstarter?

With all the ups and downs that may have come our since early 2020, finding multiple alternatives to traditional income sources is more important than ever. Whilst we talk elsewhere on this site about ongoing support sites, such as Patreon and OnlyFans, for some big ideas, you need a solid foundation of support but just for that one project. That’s where Kickstarter comes into it’s own.  

The idea of this is that popular projects get off the ground, without depleting the pockets of backers by having to fund only partly successful campaigns. If a creator says they need £10,000 to make a project happen, there would be little point sending them only half the money.

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