Multiple Income Streams While Making Money Online

ID-100163046In April I found a really amazing writing job. I could write when I wanted. I could make as much money as I could find the time to write. It was perfect. Then summer happened. Summer with three kids. I didn’t have a lot of time for working.

In June and July I only wrote a little bit. I figured that as soon as school started back up I could write for this job and make a lot of money. I had forgotten one of the most important things about online work. Sometimes it is there, sometimes it isn’t.

Even though there was a ton of work in July, there has not been very much in August. This is frustrating for me because I actually have time for this writing job. I have the time to sit, write and make money. Now I know that tomorrow I could wake up to more work. On the other hand I might have to wait a few weeks for it to happen.

As my husband and I discuss the future and think about him being a SAHD and me making all the money from home, I realize that this is something we really need to think about.

I need to not get too comfortable with any online job that I get. I could wake up the next day and it could be gone. Even if I could make everything I needed though one job, I can’t just sit back and not worry about looking for other jobs. When times are plenty and I am making more money, we need to be smart and save some of it for the times when I am making less. This is all apart of running your own business.

I am thankful that this happened when it did. It was a big reminder that I can’t get too comfortable with online jobs. They come and they go.

I think the key is multiple income streams. Think of all of your income going into a bucket. If you are only using one hose and that gets turned off, you are in trouble. If you have several different hoses you can at least fill in the gaps a little bit while you look for something else.

I think this is what is so stressful to me about making money online. The Internet moves fast and things change. What was a sure thing can be gone before you know it.

I remember in December of 2011 I found a really good requester on Amazon Mechanical Turk. I was making $25/day and only had to work a few hours. It was perfect. But soon into the new year he and his work was gone. He didn’t need as much work done anymore. I was suddenly not making $25/a day anymore.

So as I look ahead in the months to come, I will always be doing what I can to find multiple ways to make money online. I won’t take any job for granted and I plan to be smart with the money I make.

Have you ever run into this? Have you ever had a job you were depending on stop all of a sudden?

Image courtesy of sakhorn38 / FreeDigitalPhotos.net

Comments

  1. As a part-time freelancer, I know how it goes. Have you ever thought about creating passive income?

    In the meantime, I just came across a seasonal job for stay at home workers:

    http://www.giverslog.com/?p=11777

    It’s totally legit…and it’s chocolate!
    Tiare recently posted..Nurture Your Child and Yourself (At The Same Time)My Profile

  2. HEY JULIE,

    SIX FIGURE EARNERS HAVE A FEW INCOME STREAMS ONLINE TO MAKE THEY INCOME LEVERAGE YEARLY.

    REGARDS,
    DERREK
    Derrek Williams recently posted..Work From Home PositionsMy Profile

  3. It is always bad to put your all eggs in the same basket.

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