Friday 29 August 2008

How to Deal With Rising Consumer Prices by Bringing in Additional Income

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In many European nations and in the United States, consumer prices have risen at decade long highs. However, unlike the European counterpart, American worker's wages are not keeping up with the rate of inflation. In the first quarter of the year, consumer prices rose 4.1% while wages only rose 3.3%. As of July the rate of inflation had increased again and is now sitting at 5.6%.

As prices rise and wages fail to keep up, the basic standards American families expect have not changed. The question for the household providers is, "How do I continue to support the family as my money is worth less?" The average American can not launch a major offensive against the inflation rate, but there are steps that can be taken to bring in additional money that will make the rise of consumer goods less painful for their wallet.

While you continue to work your full time or part time job, another income option lies a click away on the Internet. Large websites such as Digital Point and even Craigslist has thousands of posts where webmasters, or website owners, are looking to hire writers or other simple services of the sort. In high demand is forum posting, blog commentators, directory submissions, and paid traffic.

Internet work such as forum posting takes only minutes a day and can bring in a great side income to help with the bills. Many webmasters are only looking for 20-40 word posts on the website and will pay rates that range from $0.08- $0.14 a post. It takes literally about 10 seconds to do a post, and you can often do as many as you like. For example, if you sit down for 60+ minutes a day and do a moderate 100 posts, you can earn $14 a day. If you do it all 7 days a week you will earn $98, or $5096 a year.

An extra $5000 can go a long way for paying the bills or for providing for the family. That money is enough to pay for most insurance rates on your vehicle, allowing you to spend your regular income elsewhere. The internet is waiting for you to take advantage of its vast resources and to start earning money. Your goal is to provide for the family, and for just an hour a day you can help combat the rising cost of consumer goods.

These sites can help you get started:

Forum Future: Paid Forum Posting: http://www.forumfuture.com

DIY Finances - Financial Responsibility

Article Source: http://EzineArticles.com/?expert=Alexander_Glaser




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