Ideas for Earning More

I am sometimes in awe at how people with so little are able to survive. I can say that Ruy and I are both earning okay and we are still struggling from time to time. As I am a self-confessed self help junkie, I turned to self help books for answers. They are basically telling us to do one of two things, either cut down on expenses or if you can’t do that…earn more.

Ah, how simple that sounds!!  If only it were as simple to do.

I’ve been chatting with several people trying to come up with ideas on what we can do to earn more. We have a lot of ideas but the thing that would require the least amount of effort and the least amount of initial cash outlay would be selling. With the dollar rate now, buying stuff from the US and then selling them here in the Philippines would be extremely profitable. I have been toying with this idea for some time now and it’s seeming more and more like a wonderful plan. 

While buying retail would already be profitable, everyone knows that it would be so much cheaper to buy wholesale. And the lower the cost of the product, the higher the possible earnings. The problem now would be where to get wholesale products? I found this site which sells wholesale shirts. I personally think that wholesale t shirts would be a great investment or product to start with. After all, one hundred percent of the people I know wear t shirts so that already broadens our target market. Aside from this, urban shirts are very much in season right now and would even appeal to the fashionistas out there.

I’m not sure how I would go about the shipping of these things though. I’m pretty sure it wouldn’t be so easy because of the bulk but I guess that could be the least of my worries. =) First, I need to get money for the initial purchase.