How Can I Make Another $500 Per Month?

Posted by Marty Dickinson on Jun 10, 2008

This morning was racquetball morning at the local rec center, another grueling 90 minutes of Marty and my friend Dave battling for survival and recognition.  He wore his power-blue shirt and I had my usual glare that never gives up.

There are plenty of future blog posts I could make using racquetball as an example to relate to Website Waves topics.  But, this time I wanted to respond to a question one of my clients asked me yesterday.  She wanted to know how she could just make another $500 a month.

At the rec center this morning, there was a posting for janitorial help for $9/hour.  For a mere 14 hours of work per week, she could have her extra $500 a month.

But I have a better idea and you won’t have to spend a dime…and I don’t even think it would take 9 hours a week to get to $500 per month.

There’s a social networking system called Ning.com.  You start a new account for yourself and then once you have an account, you create a website topic. After answering a few questions, your social networking website is live. Your url will become yourtopicofchoice.ning.com so choose that name carefully chock full of keywords!

The great thing about Ning.com is that it allows you to post a forum and a blog with a whole slew of security measures to prevent people from doing certain unfavorable things in their posts.  And, I haven’t found a reason yet why you would need a programmer to help, unless you really want to customize. But, first things first.

Why not spend two or three hours building a social network of your own about a topic you’re interested in and begin to monitize it? By adding a couple of affiliate program links to the left column and letting others come to your site to post experiences and questions, you would be surprised how easy it is to generate that extra $500 per month…all with a system that won’t charge you a dime.

Of course, Ning.com has upsells like applying your own domain name or allowing you to add your own Adsense code to the right column, but Ning.com is great for letting you get a feel for a social networking system and getting some monetizing going without ever charging you.  Then, you can upgrade once things are paying for themselves.  And, you know that’s my favorite part of the web when things pay for themselves.

Let me know your comments on whether you’ve used Ning.com or something else to get your social network going.

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