4 Ways for Expats to Make Extra Money

  As many of you know, I am an expat- person living outside of my country of  citizenship. I've been living in South Korea now for over 14 months. As expatriates of our respective countries, it's easy to sometimes find ourselves trapped within the confines of our employment- which, in many cases, is our sole motivation for living abroad.

With all the muck and fuss with visas, contracts, and language barriers, it seems many times like there is no way to flourish financially beyond the set means of our employers.

This article is devoted to creative approaches to generating extra income while living, working, studying outside of your home country.


1. English Tutoring

English, in many parts of the globe, is a hot commodity. Assuming that you are comprehending what is written here, you surely have the capacity to teach English to natives with skills ranging from low levels on up to fluency. However, before you start posting fliers all over your neighborhood, be sure that you check the laws in your country in regards to foreigners employment. Particularly if your visa is linked to your employer( ie: you are in the country on a work visa), be sure to know the laws surrounding your pursuit of supplementary employment sources BEFORE pursuing anything. Depending on what you find, you may be in the clear, or might have to make a calculated assessment of the situation to see if the benefits outweigh the cons and possibility of getting caught(and deported)!

However, if you do decide to pursue English tutoring, know that it is a lucrative market, depending on where you are in the world, the saturation of native English speakers in the market, and the economic situation of the host country.

Resource: www.ESLCafe.com 
  I recommend this site because they have listings for teaching positions all over the globe.


2. Promotion

This is an obvious one, but getting a promotion in your current job can be a way to make extra cash while living abroad. Getting promoted from abroad though can be difficult, particularly when your boss or supervisor might not even be on site with you, or on the same continent for that matter.

However, getting promoted in any organization begins with you proving more value to the current situation that you take. Adding value to your workplace can be as simple anything from taking on the extra hours that nobody else wants, to communicating effectively and being a source of positive energy in a negative office environment. Overall, it never hurt to try!


Resource: www.DaniJohnson.com

  I recommend this resource as a way to improve your personal skills in working with people, and ultimately increasing the value you personally offer to your organization, family, and everyone that knows you.

3. Starting  Business

Starting a business has become easier than ever with today's technologies. Additionally, starting a business can provide a more long-term solution to your financial woes. Depending on the flexibility of your business- whether or not it can be operated without your physical presence, you might even be able to take your flourishing business with you on your next overseas assignment, or back to your home country when your employment term is finished. Starting a business can also give you certain tax benefits, depending on your country's regulations.

Again, do your due diligence in regards to laws about foreigners owning businesses in your respective host country. Additionally, know that businesses come with expenses that will be yours to bear as sole proprietor. Therefore, an initial investment is definitely necessary when strongly considering doing business abroad. It is advisable to start a business that is more or less automated as to avoid dealing with issues that come with having employees, as well, have capabilities to be run remotely from your home country(if you intend on ever going home or travel frequently on business). In addition, lowering costs may be key to your financial success because many countries do not readily offer bank loans or business lines of credit to foreigners as well, again, putting the weight of expenses solely on you.


Resource: www.NotEasyButWorthIt.com
  This site is by two guys that have made millions in business for themselves marketing via internet remotely from all over the world. 


4. Financial Investments

Expanding and diversifying your investment portfolio while living abroad can be a great way to put extra funds to work for you while you are hard at work as well. Depending on the amount of money you want to invest will determine exactly which financial instruments you are eligible to use.

Finding a good Financial Adviser that speaks English will be your first task. After that, surely be cognoscente of the length of time surrounding each investment product option and how they coincide with your immigration situation. For example, opening a 2-year high interest yielding Certificate of Deposit(CD) is a great idea only if you will be there on site in the host country in 2 years. Also, I have always been wary of signing papers in a language I can't understand- particularly when there is a large sum of my money on the line. Working with a firm in your home country is possible, particularly if you travel to your home country frequently, but can be a real pain when it comes to communicating with time differences and coinciding business hours.

Investing for the future is a necessity, but if you don't have some money set aside that you can live without ever seeing again( remember there is a risk involved), then this may not be the option for you. However, if you've really been saving your pennies taking advantage of the cheap cost of living in your host country while pocketing more money than you spend, a financial investment might just what you need!

Resource:  http://www.iamadvisors.com/
  This is a firm that works specifically with expatriates. I have never used their services, but seems to be good resource, particularly for American expats.


In an effort to give complete and relevant information to all readers, please feel free to leave comments, additional information, and links to resources that you have found. Expats unite!

I Was Absolutely Shocked When I Heard...

   I was absolutely shocked when I heard what World-Renowned, Successful Traditional Entrepreneur had launched a recent project to join the ranks of  the Elite Internet Marketers worldwide. Honestly, I wouldn't have ever guessed who this Prestigious, Famed and Esteemed Business Tycoon was in a million years.

  Didn't hear the news? C1ick here to find out exactly who I'm are talking about!

Hope to see you at the top!



Danielle L. Ruffin
Danielle.L.Ruffin@gmail.com
www.NotEasyButWorthIt.com
"Don't ask for it to be easy; ask for it to be worth it"- Dani Johnson
Skype: Danielle_Ruffin

How Many Millionaires Do You Know???

  We have all heard the saying birds of a feather flock together and surely, it makes sense that if one was to take the average income of the 10 individuals with whom you spend the most time, it's likely that your income to be about the average of that of those 10 people. So at this point, it's safe to say that this statement is leaning away from theory and towards fact.

   You want to make millions(or at least six figures) in your home business, right? Knowing this, the next logical step would be to find people that are making the kind of money you want to make, and spend time with them. It's a no brainer!

   However, how many millionaires do you know?

   Is there one next door(for those of you familiar with the book, pardon the pun)?  Maybe you know a few from work, or the health club?

  Well, seeing as less than 3% of the US population makes six figures or more per year, it's not likely that you know any millionaires. Assuming you aren't peeking over people's shoulders at the ATM,  how would you know if someone was a millionaire or not?

   For that question, I have no real answer, but what I do know is this: if you don't find a way to get yourself acquainted with people that have the kind of lifestyle you desire and the income that you deserve, you will never get there yourself.

   True leaders make a way. What will you do? I know what I did, and my life hasn't been the same since.

Hope to see you at the top!


Danielle L. Ruffin
Danielle.L.Ruffin@gmail.com
www.NotEasyButWorthIt.com
"Don't ask for it to be easy; ask for it to be worth it"- Dani Johnson
Skype: Danielle_Ruffin

$$$FREE Money$$$

I decided to give my readers some free money in this one because we could all use a little(or a lot)! This article will focus on 3 ways to market your business online for FREE- essentially, putting free money in your pocket. We all know, if it doesn't make dollars, then it doesn't make sense. But today, I'm going to flip that around to say the opposite. For the purposes of this article, if it doesn't make sense, it doesn't make dollars. Why, you ask? Well, because the number one rule for communicating with others is to first speak the language they understand. In marketing, it's the same principle: if you are not targeting your marketing to speak to your targeted audience, your results will be mediocre; at best. Why? Because focused marketing attracts focused prospects. Imagine someone who is searching for a vacation package. If they are simply window shopping, what would they type into a search engine? Things like "cheap vacations" or "hot travel destinations". However, if they're a focused prospect, that is, they are ready to buy that trip with credit card in hand, they're search is usually much more targeted. ie: "Seoul South Korea city tour package for family in July". Now, if you're selling vacations, which prospect would you rather have??? Both might be attracted to the same travel site, but who is more likely to buy? I'll let you figure that one out. Therefore, the first step in preparation to go after your free cash is to make a targeted marketing plan so you can attract fewer Looky Loo's and more Ready Freddie's. Once you have identified your target audience, then it's time to get busy marketing! 1. Article Marketing: Write strategic articles about information your target audience is searching for on the internet. When writing your articles, do not include any sales copy about how fabulous your company or product happens to be. People are inundated with such information all day, every day. Again, how do you get people to pay attention to your article instead of the flashing banner at the top of the page? Give them something they're interested in reading. In these articles, be informative, objective, and non-demanding. Again, you're trying to help the reader/future prospect get something they're looking for. In return, you are then positioned as the expert that can assist them in finding said information, further adding weight to your name and credibility to this prospect. When you've finished writing, publish these articles on different websites like Ezine.com , ArticleBlast.com , ArticleDashboard.com , and anywhere else you can to target audience is getting information. 2. Video Marketing: Use sites like YouTube.com , MetaCafe.com , and so many others to rev up your video marketing campaign. If you're looking for good content, look to your articles, or the articles of what others are saying in the field of your targeted audience's interest. Take notes from those that your target audience respects, and use them for ideas. By no means is it allowable to plagiarize or use some else content verbatim, but it never hurt as a source of ideas. 3. Social Media: You're on the internet, so chances are, you are a part of social networks like FaceBook, Twitter, Ning, LinkedIn, etc,. These are great hubs to generate interest around you, your cause, product, or company.You can, after posting articles, direct traffic from your social networks to view your articles- therefore providing you with free traffic to your work, and further establishing you as a leader and a presence in the marketplace while improving your rankings in search engines. In closing, for some of you that feel this is a bit overwhelming, simply remember that the main idea of your marketing plan should be how you can provide your targeted audience with the information they crave. When you do this well enough, they will be seeking out your expert advice instead of you chasing them down with brochures and DVDs. The methods to do this are numerous, but the idea is always the same: provide value and drive traffic. If your marketing plan can successfully complete those two tasks, you're in business! And business is good!!! Hope to see you at the top! Danielle L. Ruffin www.NotEasyButWorthIt.com "Don't ask for it to be easy, ask for it to be worth it" ~Dani Johnson Skype: Danielle_Ruffin Article Source: http://www.ArticleBlast.com

About The Author:

Danielle is a sister, daughter, teacher, niece, friend, and respected entrepreneur amongst many other things. Born and raised in Aurora, Illinois, USA, Danielle has lived all over the globe, and is currently an expatriate living in South Korea. Her focus: creating measurable results over time in all she does.