You could get Debt Relief with a Part Time Business

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You could get Debt Relief with a Part Time Business

Friday, February 5th, 2010    Subscribe To Our Feed

Part-time businesses

In today’s market, debt relief is sought by almost everyone. People have tapped into their savings, withdrawn from 401(k)s, and slashed budgets to find extra cash. Consumer Caren Middleton of South Port, Louisiana said, “It’s not easy to manage. We’ve had to tap into all our available resources and still we’re just making ends meet.” Middleton isn’t the only one - a lot of people are struggling to make it through the recession, and managing a mortgage, bills, and/or credit cards is a hard dollar.

One way to help with the costs is to find part-time work. Some consumers are realizing that part-time jobs are great additions to their schedules. Depending on what you choose to do, you could make extra cash and still have time for family. These are a few part time jobs that can actually pay off.

Baker

Jim Lahey founded Sullivan Street Bakery in 1994. He always had a knack for baking, and he though he’d try it out as a career. His business earns about $ 6 million annually, and is a staple in the bread market for New York. He warned potential competitors just entering the market, however, that “Knowledge of cooking is much greater [now] than 20 years ago…the market is more competitive and if you want to develop a cottage industry, the product better exceed expectations.” Baking is becoming a favorite part time activity. Cupcakes, bread, and muffins are perishables that everyone buys at some point. Baking may afford consumers the additional income they need for debt relief.

Blogger

Blogging is big business these days. Most companies that have an online presence have a blog. Normally, blogs for larger companies aren’t self-penned by owners. They pay freelance writers to maintain a current chronicle of what’s happening in the industry or with the company.

People can start their own blogs in interesting niche markets. For instance, a blog about seafood restaurants in New England will pick up more readers than a blog about restaurants in general. With blogs, people can spend a few hours a day updating the website and make strides to develop a following. Once customer base and a following is in place, they sell the ad space. It probably won’t replace a full time job’s income, but it can get you a little extra cash you can put towards debt relief, savings, paying off bills, or even a little beer money.

Jewelry designer

Jewelry designers are a new trend in the market. People can start making their own designs and sell them online or consign them to retailers. A lot of community colleges offer basic design courses, and can show students how to put together jewelry. Overhead is minimal, since beads, wire, and a few tools are dirt cheap. Time is the other investment needed to make a business successful. If someone has the time, and the creative knack, it doesn’t pay too bad either; the Labor Department reports that jewelers make almost $ 30,000 per annum.

Pet sitter

Avid dog lovers might want to develop pet-sitting businesses. People can consider walking dogs during the days and possibly offering grooming and training services. Boarding animals overnight can be a great service for pet owners who frequently travel. Taking pet sitting from something you do for your goofball friends to a part time income source is an easy way to start a business. According to Economic Census data, the average annual sales for pet sitters are $ 22,183.

Part-time work

There is an endless variety of part-time jobs that people can delve into. They should consider their strengths and passions and see what type of service of product matches their skills and interests. Making a little more or putting more money towards something like savings or debt relief gives industrious sorts an edge with financial planning.

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