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How to Earn An Extra 500 Paycheck Per Month

By Charles Hopkins Published 09/20/2007 | Home Based Business
Many people, likely including you, could make good use of an extra 500 per month in income. As a matter of fact, there are ways that average people accumulate above average wealth. One of the strategies to use is having a network marketing company Internet home based business and using other investment options.

You see earning an extra 500 per month isn't rocket science since ordinary people like you have made not only an extra 500 per month but have become millionaires. Plus, they did not do this by winning the mega millions lottery or by reaping a sudden windfall.

Let's take a look at the top two ways to get an extra 500 per month.

1. Have your money work for you. If you have your money in places like mutual funds, real estate, or in a bank savings account that accumulates interest, your money is working for you 24 hours a day. If you have a substantial amount invested, the monthly interest and dividends can match or even exceed your job income.

You probably are thinking that all sounds well and good, but where does money come from to invest in resources like these? The truth is, there are options such as:

Owning your own network marketing Internet home-based business
as a part-time business
A part-time job
Having a CPA arrange your finances to that you pay less in taxes
Reducing personal expenses

While all these methods might look small, over time they can help you accumulate the investment money you need.

2. You can have other people work for you. If you look around, you will notice that there are many business owners. They, like you and I, only have 24 hours in a day. However, they understand what the world "leverage" is all about. They leverage their business time and effort through other people. Business owners earn a little bit from their employee's efforts and this adds up over time.

You might be thinking that since you do not operate a business with employees, you can't use leverage. You also might be thinking there is no way you'd want a business with tons of overhead and employee headaches. The truth is you can use leverage without owning a business where you have to employee people.

How? With network marketing. Do you realize you use network marketing everyday? It is just recommending and promoting what you like. I'm sure you recommend and promote things like:

Sports teams
Places to shop
Vacation destinations
Car mechanics

We could go on and on. Since you already do this, why not get paid for it instead of doing it for free? Network marketing companies not only pay you to tell others, but also when the people you tell, share with others. This goes on and on plus you earn money each month for this. This is simply people leveraging at work.

In summary, there are three primary ways you can earn an extra 500 paycheck per month:

Work a job for a monthly paycheck
Have your money work for you
Have other people work for you

In order to accelerate the means to have your money work for you, to have other people work for you, and to obtain financial independence and retirement sooner rather than later, one of the best ways is by starting a network marketing Internet home-based business. This truly is one of the fastest ways to retirement plus gets an extra 500 per month! Don't you think it is worthwhile to check out?