You need more money? Do something about it.

“Johnny, I need more money!”

It’s a daily occurrence for me to either receive an email from a reader, or to hear from a friend or co-worker in real life, about how they don’t make enough money.

Normally, I take these conversations with a grain of salt, because most of the time I know exactly how much money these people make since a majority of these people work for the government (government employees pay charts are available publicly).

To find out exactly why they need more money I need to dig a little bit into their financial houses to determine whether: Yes, they do need more money or more commonly that No, they make plenty, but they could always make more (if they really wanted to).

There are a few questions that need to be answered whenever someone mysteriously “doesn’t make enough money”, because I usually won’t believe anyone that says they don’t make enough.

  • Are you making sufficient use of your time? Do you live close enough to work?
  • Have you started creating passive income streams? Do you have plans to purchase a rental property to increase your monthly income?
  • What do you do when you get home from work? If you work a 9-5 or 8-4, how do you spend your evenings? The average American family watches 30+ hours of television every week. That equates to more hours than a part time job. Try cancelling cable and stick to watching a couple episodes a week of your favorite shows on Netflix.

need more money

Raking leaves, mowing lawns, cleaning pools, bake sales, lemonade stands…

Do something about it.

First it’s important to know exactly how much more money is needed per month. Then, create a plan using ONE or ALL of the following suggestions.

Sell a few things on Craiglist, eBay, or open a seller account on Amazon. Everyone has stuff laying around that they don’t need, so why not turn it into cash and add $100 (or more) to your monthly income?

— Get a second job! If your lazy ass is sitting on the couch every night getting fat and watching football or some crappy rehash of a 1970s detective show you’re wasting precious time that you could be out earning more money. Waiting tables at a restaurant for 5 hours 4 nights a week could net you an extra $300 take home. That’s a little over $1300/month on average.

— Start your own blog. Although it may take a while, all of your hard work could pay off in the end by increasing your income by $500 or more every month. Bloggers work for themselves, and have no employees to pay at the end of the day. Blogging won’t make you rich overnight (or ever), but it can be an enjoyable experience that could prove to be a new stream of revenue.

— Turn a hobby into a cash cow. It doesn’t matter what your hobby is, there’s probably money in it. You like playing video games, board games, or card games? Guess what! Human beings create those things. Design, or conceive the idea for a game and you could pull in some big money. Do you like widdling wood blocks into duck-calling whistles? I’m pretty sure that’s how the dudes from Duck Dynasty earned their claim to fame.

— Refinishing furniture to sell, Creating clothes for kids to wear, even Hairdressing can all be done within the comforts of your own home and help you rake in extra money every month. You can even do this type of stuff while being lazy and watching 30 hours a week of television.

— Babysit. Make yourself more available to family and friends. If you normally stay in on Friday and Saturday nights, you might be a perfect candidate for watching someone else’s children for money (as long as you aren’t a registered sex offender, and if you are please leave my blog!). And guess what dudes, it’s 2013 and we’ve been breaking down gender stereotypes for some time now and you too can be a babysitter. Or a “manny” if you do it professionally.

— Stay at home mom/dad? How about watching a few other children as well? Each child could be worth $500+ every single month. There are some legalities involved with this, but if you’re interested in earning more while staying at home then it’s worth the extra bit of work to get started.

— Become an available freelance writer. There is a huge network of people on the internet looking to create content for other people for cash. I don’t know the exact way into this business, but my good friend Erin from Red Debted is a master freelancer who could answer any questions on the topic. You might start out making $5 per post/article, but the deeper you get into this world the more you could make.

This year-to-date I have personally worked my ass off to increase my income and decrease my family’s monthly obligations. I started this blog, of course. I’ve also bought a less expensive house to live in and successfully rented out our first home for over 10% more than the monthly mortgage payment. I’ve invested money across the spectrum: Peer-to-Peer lending, Betterment, and standard index funds through Vanguard. I’m even thinking about getting a second job after our home renovation is complete.

If you aren’t doing any of these things to increase your income, you can only blame yourself for not making enough money. There is money to be made everywhere you look, all it takes is a little bit of know-how and a little bit of time.

Flickr Image by: Donna C Green

  20 comments for “You need more money? Do something about it.

  1. September 6, 2013 at 7:05 am

    I agree. With the internet, there are tons of ways to make extra money. You won’t be able to retire tomorrow as a millionaire, but earning a few hundred dollars a month from a side business makes a huge difference.

  2. September 6, 2013 at 8:02 am

    I completely agree with this approach and delivered appropriately bluntly!

    Step 0 – stop complaining
    Step 1 – save more money by trimming the fat and cleaning up your budget. Its much easier than earning more money
    Step 2 – do one of the hundreds of things you can do to earn more money


  3. September 6, 2013 at 9:15 am

    Ha! My new neighbors are nice enough, but last night they were telling me how they have no money. I wonder if the she noticed my eyes darting over to their new, $40,000 Honda minivan sitting in the driveway as she was telling me this.

  4. September 6, 2013 at 10:04 am

    I agree, do something about it! I know of so many people who complain but they are only doing things to make their problems worse.

  5. Renee s
    September 6, 2013 at 10:46 am

    Johnny–you write everything that I think. Thank you :)

    • Johnny Moneyseed
      September 17, 2013 at 2:44 pm

      Renee — I’m glad we’re on the same wavelength. I feel like only on the Internet can you find people with similar personal values. Thanks for reading.

  6. September 6, 2013 at 12:33 pm

    Yes! There are ALWAYS ways to boost income, for those who really, really want to do it. Yeah, doing so may cut into your TV-watching, beer-drinking, video game-playing, NFL-obsessing time, but if you’re not willing to make a few sacrifices, then you don’t really want the extra income that badly, right?

    • Johnny Moneyseed
      September 17, 2013 at 2:42 pm

      You may really want it, but you’ll never get it with an attitude like that! People are more inclined to gamble — to try to win money — than to work a few extra hours or cut back on their expenses. It’s pretty absurd if you think about it.

  7. September 6, 2013 at 1:08 pm

    Exactly what my grandma used to say to me so many times it stuck : “Stop whining and do something about it!”
    When you look closely at it, its not just finances but even other areas of life. Where there is a will, there is always a way!

  8. September 6, 2013 at 3:33 pm

    Amen to this! It’s crazy how people complain about not having enough money while wasting it on rent/mortgage, their commute, their daily eat-out habits, etc. If you have the energy to work more, go for it. Even something as small as babysitting can be lucrative.

    • Matt
      January 22, 2014 at 12:11 am

      I’ve heard people talking about being really broke and can’t afford necessitates, but also talking about saving up to get a cool tattoo.


      If you have to put off things like the electric bill, food, clothes, etc to pay for a tattoo…you might need to change your priorities.

  9. September 7, 2013 at 8:01 am

    This reminds me of my trip to the grocery store yesterday. I walked by a gal with a toddler in her cart. She was dumping a couple of boxes of little debbies into the cart, as she said to the kid “I suppose I should get these for your sister, even though she’ll eat them all in one sitting.” ARRGHH! I wanted to scream at her “Then take them out of the d_mn cart, stupid!

  10. September 9, 2013 at 2:22 pm

    It’s so easy for people to complain about how much money they don’t have. The solution is simple: it’s hard work.

  11. September 10, 2013 at 12:56 pm

    But but but, then I have to do something!

    And I don’t want to.

    isn’t there just a pill I can take?

  12. AnnW
    September 22, 2013 at 4:20 pm

    Another way to reduce your expenses is by the barter system. Offer to trade services or produce or equipment with a friend. An exchange can be satisfying to each person. Ann

  13. Aly C
    November 12, 2013 at 12:43 am

    I don’t have any debt except for 2 mortgages and 1 is a rental that I get income from. I agree, there are many ways to make money and save money. I don’t own a car, I walk to work, I use coupons, I don’t eat at restaurants very often, I sell things on Craigslist, work extra jobs, have an older type cell phone without internet, I cut my cable TV last week and I have never had more than a couple thousand dollars in debt my whole life (yes, except for the 2 mortgages). I personally make extra payments and lump sum payments on those because I want enough equity to buy another rental income eventually.

  14. Tiffany
    December 4, 2013 at 1:08 pm

    As a lifelong second (or third) job waitress, you’re doing it wrong if you’re working four nights a week and taking home $300. That’s two nights/week. Improve your skills and move to a better restaurant.

  15. December 19, 2013 at 9:37 pm

    I found one of your suggestions interesting. I didn’t know you could earn money by starting a blog. How does that work? I’ve had an idea for starting one but never did anything about it. This just may be the incentive I need. Thanks in advance for your reply.

    • Johnny Moneyseed
      December 19, 2013 at 10:03 pm

      I’m actually a couple weeks away from writing an article explaining how to start a blog and how beneficial it can be to your life.

      We can discuss this topic through email in the meantime if you’re interested?

  16. December 19, 2013 at 9:47 pm

    Interesting. I never knew you could get paid for blogging. Could you explain how to get started? Thank you.

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