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	<title>Barik on Money &#187; Uncategorized</title>
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		<title>Don&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;#039;t Quit Your Day Job Yet</title>
		<link>http://www.barikonmoney.com/2009/02/dont-quit-your-day-job-yet/</link>
		<comments>http://www.barikonmoney.com/2009/02/dont-quit-your-day-job-yet/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 01:14:10 +0000</pubDate>
		<dc:creator>Titus Barik</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.barikonmoney.com/?p=21</guid>
		<description><![CDATA[Before you think about quitting your day job, why not consider starting a second one first? It isn&#8217;t as hard as you think, even if you do have a job that requires travel as well as occasional weekend commitments as I do. It&#8217;s also a good way to bring additional income to eventually support what [...]]]></description>
			<content:encoded><![CDATA[<p>Before you think about quitting your day job, why not consider starting a second one first? It isn&#8217;t as hard as you think, even if you do have a job that requires travel as well as occasional weekend commitments as I do. It&#8217;s also a good way to bring additional income to eventually support what you really want to do. Here are some options to consider:</p>
<ul>
<li>Provide tutoring services through places such as <a href="http://www.tutor.com">Tutor.com</a>. It doesn&#8217;t pay a lot, but a lot of people find it fulfilling regardless. You can get qualified to tutor in fields such as geometry and calculus.</li>
<li>Better yet, if you have a master&#8217;s degree, you can apply for an adjunct instructor position at a community college to teach distance classes. The pay varies, but a good estimate is somewhere around $2000 a semester. Teaching courses in your field is a great way to keep up to date on topics you&#8217;re interested in. Plus, you&#8217;ll quite often get instructor&#8217;s manuals and complementary textbooks free of charge, which is great if you&#8217;re an autodidact.</li>
<li>Folks with technical or programming knowledge can often do consulting work on weekends on evenings. A good example of this is web site design and hosting, which provides both immediate and recurring income. The initial web site design brings in a quick chunk of cash, while the hosting provides monthly or annual recurring income with minimal maintenance. Be careful about this though &#8212; you may not be able to do this depending on what non-compete agreements you have signed with your current employer.</li>
<li>Publish articles in trade journals or magazines. Most trade journals will pay anywhere from $250 &#8211; $1000 for a single article. Places I&#8217;ve published include <a href="http://www.ibm.com/developerworks/">IBM DeveloperWorks</a> <u style="display:none"></u>
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<p>  , <a href="http://www.linuxjournal.com">Linux Journal</a> <em style="display:none"> <u style="display:none"></u> </em> , and <a href="http://www.phparch.com/">PHP Architect</a>.</li>
<p> Not only is this a good way to bring in some extra income, it helps establish your reputation as a consultant, and provides a good source of referrals for future business leads.
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<p>The key is to start slowly, building your residual income on the side. While it takes great discipline to not immediately spend this extra &#8220;play&#8221; money, remember your end goal: financial freedom. Take the extra money, invest it wisely, or put it away for a rainy day in a guaranteed investment for that moment when you finally do decide you&#8217;ve had enough with your day job.</p>
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