Make Extra Money at Home - Ageless Advice From a Senior Citizen  

Can you remember how many times you have been subjected to the proverbial -"I told you so" delivered with so much conviction as it comes from vivid life experiences? Too many times than you would care to recall perhaps? As for me, I am glad I took the time to listen to someone who knows what they are talking about. Now this is not about big enterprise tycoons or heads of of major corporations. I am referring to my own mother, Flordeliza Baldemor who, as of this writing is almost 73 years old. I would describe her as an enterprising woman and an able steward of whatever she possesses. What I continue to learn from her serve as golden nuggets that I treasure. This narrative tells why that is so.


I am blessed to be born into a family where our needs were always met. I vividly remember my childhood. Luxuries were rare. We did not have money for "wants", but then when it came to needs - God always faithfully provided for each and every one of them. One of those great blessings were that my mom seemed to have a knack for entrepreneurship. Somehow, she always knew how to produce and make extra money at home.

I guess it was a gift that she honed into a skill. In my young innocent perception, I never had the inkling that we never had much money because all our essential needs were always met. All of us never skipped a meal, and all of us 4 kids successfully completed our education with 3 of us even completing post graduate education in our respective fields.

So what are the things I learned from my mom? Let me break it down in simple business terms:

1. Money not spent is money earned.

a. Do not spend cash just because you have some on hand.

b. Do not buy items just because they are "on sale" or are heavily discounted.

c. Savings cushion the inevitable events in life. Do accumulate them steadily.

d. Instead of spending on a whim for "wants" and luxuries, prepare by saving for them,.

e. Whenever possible, apply practical ways of reducing daily costs on food, fuel, other utilities, supplies, etc.

f. Keep your savings where you can not easily access them so you are not tempted to spend it.

2. Do not spend money you do not have or that you have yet to earn. For example, if you expect to receive cash or cash bonuses the following week, wait until you actually get it before spending it..

3. Capitalize on practical opportunities, no matter how small, to make extra money.

a. Target specific groups of people who are willing to buy from you.

b. Avail of quantity discounts or special deals to acquire such items at lower costs.

c. Repackage and offer products or services to get reasonable profit margins.

d. Ensure payments are collected and that records are accurate, in place and kept up to date.

e. Manage your initial earnings not by spending it all but by plowing a portion back to the venture.

4. Be aware of opportunities to make extra money, but do not "bite off more than you can chew", nor "spread yourself out too thinly".

a. Maximize your potential earning capacity and leverage your time with team efforts using network marketing.

b. Strive to cultivate and maintain good interpersonal relationships with everyone. This is always a good business practice.

c. Aim and plan to succeed in all your undertakings with a good business model.

5. Share what you have with others.

6. Never neglect spending time with the Lord and giving back to Him. You will never regret it.

At present, she is no longer as quick and as nimble as she used to be. But her mind is still sharp and she still possesses a gentle attraction that draws people to her. Even at her age, she still practices these fundamental business principles and for that I would consider her an expert in her own right.
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