What To Do When You're Broke
Tim Wolffe Tim Wolffe
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 Published On Sep 16, 2021

Everybody starts somewhere and most people start with little to no money, in other words... broke. It is a myth that all wealthy people have inherited their money, only 16% have inherited more than $100k. This video gives you 7 real and practical ideas you can start doing today to make money. You don't have to be broke either, these can be ideas you do on the side for extra income.

1. Get your Real Estate License. It takes $1k-$2k and only 4-6 months on average.
2. Ask the wealthiest person you know to work for them. Even if that means working for free for a short period of time.
3. When all else fails you can always pay it back to Uncle Sam and join the military. The pay is actually very competitive compared to jobs in corporate America that do not require any college.
4. Resell items. Find cheap items on facebook marketplace, craigslist, or the clearance section in Walmart. Clean them up, take better photos, add measurements and a better description and re-sell the items for profit.
5. Learn a skill. Money can be taken from you but skills cannot. There's also a lot of affordable certifications you can get to start making real money as soon as possible.
6. Fiverr is a great tool for those with a creative or entrepreneurial spirit. It takes a small amount of work on the front end to create your profile but then you can name your price.
7. Uber or Lyft driver is quick and easy to start and you can make your own hours. If you don't have a good enough car for this than consider Uber Eats, Grub Hub, or Door Dash.

🎒FINANCIAL BOOKS I HIGHLY RECOMMEND:
1. Rich Dad Poor Dad: What the Rich teach their kids about money that the poor and middle class do not. https://amzn.to/2SLWLhw
2. Everyday Millionaires: How Ordinary People Built Extraordinary Wealth. https://amzn.to/3dno5Mr
3. The 4-Hour Workweek: Escape 9-5, Live Anywhere, And Join the New Rich. https://amzn.to/34IkSTS

🙋‍♂️1 on 1 Sessions Available @ https://timwolffe.com/services

This video is not sponsored. Some product links are affiliate links which means if you buy something I may receive a small commission at no extra cost to you. This is not investment advice.

#timwolffe #personalfinance

00:00 Real Estate License
00:50 The Wealthiest Person You Know
01:48 Join the Military
02:21 Resell Items
03:32 Learn a Skill/Certificate
04:09 Fiverr
05:02 Uber/Lyft Driver

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