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Master 2 of These 6 Skills and You’ll Always Be Able to Make Money 🙌

31st January 2019

Having the confidence that you’ll always be able to make money is life changing. 💸

Working on money making skills is essential when we’re young, so that you can afford to do that unpaid internship, or you can afford to travel the world for 6 months, or that ticket to Taiwan to work abroad.

If you’re young and you want the freedom to do what you enjoy and whatever you want, having money making skills can go a very long way. Because while you’re on your search for that fulfilling activity, you still need to be able to put food on the table. If you know how to live cheaply and have your priorities straight, then you won’t need much. 😉

And we have a huge advantage over older generations: the internet. All the money making skills in the list are online tech skills. Why? Because working online is the most flexible and easiest way to make money, and in the future we’ll only be having more tech, not less.

there’s only going to be more of it…

The list has 6 money making skills - I recommend mastering at least 2 of these 6 skills. Try them all out, and see which one tickles your pickle 🥒. At the bottom of the post I explain how to master said skills ⬇

 

1. Translation

Speaking 2 languages fluently is a huge plus. By being born bilingual, your parents automatically gave you a money making activity. Incredible. 💁‍♀️

If you speak two languages fluently, develop and practice some translation skills (which are not that hard at all). This comes with practice and by reading other people’s work. Then, pop onto Upwork and look for someone who needs something translated and try it out. Pop onto Fiverr and create a translation gig. Pop onto reddit at r/hire and try there.

If you keep searching and trying, you’ll eventually build up a portfolio and a technique. You won’t make much at the beginning, but as usual with effort and consistency, it grows.

I personally used to translate Spanish to English and vice versa. It’s a skill I have now developed and thanks to that I am confident I will always be able to make money online translating. I’m not going to lie I do find translation pretty boring, so it’s more of my ‘backup skill’.

 

2. Teaching

‘But I only speak English! And a bit of middle school French!’ 😢

It’s all cool, you still have teaching. In fact, if English is your native language, teaching can be very lucrative since it’s such a high demand language, especially in Asian countries.

In China I was making 30€ an hour teaching English, and some people teach English online for a decent $20/hour.

Once again, teaching may not be your cup of tea - but if you’re not sure yet, why not try it out? It can all be set up from the comfort of your home. Check out these websites to get started:

  • Teachaway
  • VIPKid
  • DaDa
  • QKids

And if none of these work, you can once again sell your services on Upwork and Fiverr. (there are still some gigs out there of my Spanish teaching times…)

 

3. Programming

This is a skill that definitely requires more dedication and effort, but can be very lucrative and helpful in the future. If you master this skill, you’re pretty much good to go.

You can start simple, by learning how to build websites and design them - with this you can already charge others to build their websites. Ka-ching. 💰

Or you can go deep and take the time to become a programmer. It might not be a year before you make money, but in the long run it will be well worth it.

If you feel this is a skill that could make you money, you can learn programming for free at Codecademy or pay $25/month for Treehouse. Programming is a seriously great skill to have since programmers are high in demand and with our crazy innovation this won’t be changing any time soon. A pretty good deal to have.

Doggo ka-ching

4. Digital marketing

Digital marketing basically means copywriting, managing social media and SEO. It’s not hard at all, but it requires practice so that you know what you’re doing.

Practice can be achieved by being someone else’s Virtual Assistant for a while - they tell you what they need done, you complete and you learn.

You usually charge by the hour, so the first few clients you have you won’t make much, however once you build up a bit of portfolio you can charge $20/hour +, which is not too bad as a side gig (better than minimum wage 😉).

It’s another skill that’s always useful to have since people always need someone to do their digital marketing. You also learn how to sell yourself, how to put yourself in the position of the client and how to manage the online world. A pretty good package 🎁.

 

5. Design

By design I mean designing Pinterest pins, nice Instagram posts, doing a cool logo design, making animated gifs, etc.

If design is something you’ve always liked doing, there is a huge market on the internet to sell. If it’s something you’re a beginner in but want to learn more about, check out a Youtube series such as Learn Digital Design or Tasty Tuts and try it out. I think it can be a fun skill to build and sell - although there is a lot of competition out there.

By combining design with digital marketing, you can sell a pretty cool package to clients 😉.

 

6. Writing

Writing is a skill you either like doing or you don’t. If writing essays was torture for you in school, then this may not be the skill you want to develop.

However, if you don’t mind it and enjoy writing, it’s a skill that can go a very long way. You can write articles, short stories, show notes, entire books and reports. There’s a huge variety of stuff you can write, which means there’s a huge variety of clients. 👌

Once again, you won’t get paid much at the beginning, but building that portfolio is essential. Start off with the usual sites like Upwork and Fiverr, find some clients and then move them to Paypal once you trust them and don’t want the platform to take a cut.

 

How do I master a skill?

I’m going to be honest here, you won’t make much with this online work unless you want to do it full time - which will most likely burn you out. This is for side income and side hustles, for starting out and giving you confidence, for giving you a bit of freedom and flexibility.

These are all different 6 skills, some which require more effort than others to master. For me, mastering a skill means having had at least 2 clients that paid you to use that skill.

It doesn’t mean you need to keep that client - but it means that you now know people are willing to spend money to get you to do said skill, which means you’ll certainly find clients in the future. 😎

Personally, I’ve mastered 4 of those 6 skills above (and a little bit of design). Does that mean I still do translation and teaching? No - it simply means I’ve done it before, got paid, and I know I can do it again. It’s given me the confidence that I can always use that skill to make money.

 

It’s important to realise that I am not saying dedicate your entire life to designing Pinterest pins, translating texts and teaching English to Chinese kids. I am saying develop two of those skills so you know and are confident that you will never be truly broke. It doesn’t have to be your passion - you’re building these money making skills so you have the freedom to search for your passion.

And it’s not just that - developing these skills mean you can some extra money in university, you get to put something interesting on your CV and you get to save and invest early on in life.

Remember, now is the best time to be alive. Thanks to the internet we can travel and work at the same time, work from home and work with clients from the other side of the globe. This is a list of 6 skills you can try out to give you pure freedom. And as the internet evolves and opens up more opportunities, you’ll be able to develop more and more skills to sell online. Remember, millennials, we have grown up having to adapt - so let’s continue adapting! 🧠

Are there any other online tech money making skills you know of? Lemme know below 😛⬇

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Financially Mint is on another break! ☕ I will Financially Mint is on another break! ☕
I will be living in Kuala Lumpur, Malaysia for the next few months, and then hopefully heading to Australia. 
My plans for the next year:
I'm putting the career testing theory into practice. My next career test is working for an NGO here in Kuala Lumpur. This week will be my first week. I will be working with sex trafficking survivors and I've also been asked to do some financial education presentations to help the staff.
After that the plan is to move to Melbourne, Australia, and do my next career test: consulting. If that doesn't work out I will try another career test which may be more achievable: business development in a startup. Thanks to the amazing career books that I've read, I'm pretty confident I can get an interesting job. We'll see how it rolls. 🏀
How am I funding this? I'm very excited to say that I've managed to grow my part-time freelancing income to a full-time income that can sustain me in South East Asia (I would need to work full-time in Europe). I'm calling myself a 'Freelance FinTech Writer'. Rent is crazy cheap (like 300€/month) and it's literally cheaper to eat out than cook. I'm still able to save 15% of my income. 🎉🎉 The increase in clients and pay has been thanks to all the effort I put into Financially Mint, and to some crazy cold emailing and networking in the past few months. 
After some thought, I concluded that learning mark-up language (HTML + CSS) was a more efficient use of my time than writing blog posts and working on FM... so I am now taking a break to learn some basic coding and decide what to do next.
I will still be podcasting and taking part in the FI community on Twitter and everywhere else... so I'll still be seeing you around 😉
To our success 🎉🎉
Only 30% of jobs are posted online. 🙄 Let's sa Only 30% of jobs are posted online. 🙄
Let's say you've got a list of career paths to test. You've figured out a direction, you know which sector you want to work in and you've got some cool companies in mind.
But then what? How do you get an internship in the company you really want to work for? How do you get a job in that specific NGO? How do you get them to notice you? 🤔
In FM's latest post I share a strategy that I am still testing but seems to work - copied from a book titled 'Designing your Life' by Bill Burnett and Dave Evans:
The strategy: Conducting 'Life Design' Interviews. .
A Life Design Interview is basically meeting the person that has your 'dream career' for coffee. ☕
You find someone who is working at the company you want to work for, in the sector you want to work for or simply has a position you're interested in, and you reach out to them (LinkedIn helps). You ask about their story, their position, how they got to where they are and their advice to people starting out. 
This is what I've been doing for the past month in Edinburgh, and of the 40 people I contacted, I met 8 of them for coffee, my goal to simply learn about their story.
With an added bonus: Trust. ✅
Not only did I learn stuff about working in a startup, or as a content writer or working in an NGO, but I also built a trusted connection. It's those connections that help you find the hidden jobs, the dream careers and the best opportunities.
Check out FM's latest post for a proper run down on Life Design interviews. 💪 (Last week we organised the FI Europe podcast retreat! An amazing 4 days doing speeches, masterminds, debates, boat trips, beach and surfing. Post on this coming soon 🔥)
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #careerbuilding #skillbuilding #career #selfimprovement #inspiring #fieurope #lifedesign #interviews
Investing in yourself now will return bucket loads Investing in yourself now will return bucket loads in the future. 🔮
I talk a lot about this on Financially Mint - how taking the time to build career capital and explore career paths will allow you to find a career of best personal fit, which will then make you the money you need.
But it is true that I am personally at the very start of this journey, and so can't offer many examples of this working. 🤷‍♀️ Well today, this changes as I interview the Financial Gladiator, who did exactly that.
He went to university to study business in Poland, and finished his masters in Australia. In the meantime, he was doing internships, making connections, building skills and beefing up his portfolio. 
He says it himself: ' I always looked to add experience and skills to my repertoire rather than dollars' 💸.
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7 internships later in several different countries and industries and a lot of hustling, moving around and learning about what career fitted him best, FG ended up in a job that paid him a six figure salary. This kept on snowballing, and in his early thirties he hit a salary of over $500,000. .
That goes to show how much investing in yourself can return in the future.
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$500,000 annual salary doesn't need to be your goal, but it still goes to show that you'll make the bulk of your money after investing in your own career. 📈
A great interview filled with actionable career advice and FG's complete story, check out FM's latest blog post! (Edinburgh castle 🔥)
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #studentmoney #studenthacks #studentlife #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #careerbuilding #skillbuilding #career #selfimprovement #inspiring #work
Most of us don't know what we want to do in our tw Most of us don't know what we want to do in our twenties 🤷‍♀️. And that's absolutely normal.
But that's why we don't want to be committing to one thing - who know what you might want to do in 5 years? 🧐
Instead of committing, why not be exploring, investigating and testing career paths. But how can you do this cleverly without being a typical 'millennial-career-hopper'? By building career capital at the same time.
This means that every career test you do will help you build skills, connections and a more solid portfolio. If you have no idea where to start, here are some examples of jobs/activities that can help you build career capital:
1. Working for a growing organisation with a growing performance: this could be consulting, a startup - anywhere with a good mentor and team 👨‍👩‍👧‍👦
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2. Graduate studies - for those who want to work in research, a think tank, etc.
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3. Building a valuable and transferable skill - skills such as writing, programming, designing, data science, etc will always be useful in the future 💻
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4. Creating content - you don't always need a shiny piece of paper or a medal to show that you've done something. Creating your own thing can be just as useful.
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And much more amazing career advice... in FM's latest blog post 🤓
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(I’m running out of pictures to post so here’s one of a beautiful evening in Edinburgh) .
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #studentmoney #studenthacks #studentlife #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #peoplemanagement #skillbuilding #career #selfimprovement #inspiring #work
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