7 Ways To Increase Your Income in 2024

[@simplevisuals]

I’m a graphic designer and was making $1,600/mo working full-time 40hrs a week. I decided I can go solo, so now I make $5.1K/month gross working much less (2-4hrs a day) and making much more than my full-time job did. Take your current skills and monetize it 👏🏼💯

[@AccordingtoNicole]

Hell. Yes. THIS is what I’m talking about!!! 🙌🏼

[@Lilione111]

May I ask how you found clients. Was it through something like Upwork etc?

[@christinewatson1989]

This is one of the best financial/life improvement accounts on KZbin. No hiding behind high production value, no clickbait, just great ideas and information.

[@-All5ofus-]

My husband went through the plumber apprenticeship program 25 yrs ago. He has owned his business for 21 yrs. My son chose the electrical apprenticeship. Hes on a list, and it moves fast. Apprenticeships here in Oregon, will start you out at 40% of the journeymans wage, with 6 month raises, until you turn out at about 4 yrs. Most employers will pay for their schooling, and will guarantee them a job after they become a journeyman. Excellent program!

[@edwinsim7206]

You can die for the company, but the company will never die for you. Keep that in mind. They lay you off without any hesitation despite of all kinds of achievements you have done in the past. Like Nicole mentioned, leave for a better paying job but don't burn your bridges. They will hire someone inexperienced to do the same job you are doing and pay them higher but refuses to give you the raise you deserve. Company loyalty does not exist (well hardly), so instead of thinking you are doing the company a favor, think about your (and family's) own well-being first. Good talking points Nicole!

[@kc270352]

yep, exactly. you're pretty much just another number to them

[@nexxterra]

I found a dollar on a parking lot once, I said to my friend "look I just doubled my net worth"...They laughed, I was being serious!

[@richardross7219]

An old Dad joke: double your money by folding it in half. You are spot on with this video. In engineering, to get a raise you had to change jobs. It was stupid but, that is the modern management theory. As a senior and very experienced engineer I disliked changing jobs but it was necessary. In one case I was terminated to get a younger(and cheaper) engineer to replace me. He wasn't even licensed. The place closed within 2 years. A penny saved is a penny and a half earned because of taxes. I need a new truck but the new ones are $60,000, ugly, and unreliable. This summer, I will restore my 1985 Chevy C-10 for about $2000 and 600 to 800 hours of my time. I am retired, have a fixed income, and can not afford the new price. Its been 25 years since I last restored a vehicle so, it should be good for me to do another one. Good Video. Good Luck, Rick

[@SharpBalisong]

I’d take a C-10 over any of today’s truck offerings.

[@richardross7219]

@@SharpBalisong I also have a 1955 3600 to do later. Good Luck, Rick

[@greenmanatee6462]

Good luck on the rebuild, happy wrenching 🔧

[@cariwaldick4898]

The good thing is, now you've got youtube to help you do any of the work you might not know how to do--or to do it with more professionalism if you do. My son is learning auto mechanics with youtube videos, and his own car.

[@richardross7219]

@@cariwaldick4898 I worked on cars starting in 1967. I restored muscle cars and english sports cars into the 1980s. I was working as a civil engineer. The auto work was a sideline. Your son will find that doing it right will save him a lot of money in the long run. He can save money by buying his tools used at swap meets for cars , trucks , and tractors. Many of the older tools are better made than the new tools. I still have my Husky and SK Wayne sockets sets from 50+ years ago. Collect manuals for autos too. If he is thinking of doing auto repairs for a career, he should watch the videos about how badly many dealerships and garages treat their mechanics. Working construction by day and restoring cars for yourself is a good way to get ahead. Good Luck, Rick

[@Christian-qu9ml]

50 years old from Australia. Was retrenched last year. I am a passionate collector of Sci fi and horror memorabilia. Now I sell on ebay. Working for the man is for the birds!

[@southbound1969]

CRIKEY!!!

[@beanzbeanz]

I'm amazed to hear that anyone can make a significant income in that market on an individual scale anymore.

[@greenmanatee6462]

@@beanzbeanz The movie industry does. For myself, I regularly check to see if Andy Weir has a new book out

[@arewealone9969]

Good on you!!

[@Lilione111]

Do you make enough to live off? If you don’t mind me asking, or is it a bit of side money only. Thanks.

[@ronaldzeoli7528]

Yes side hustle video

[@D.M.S.]

You mean second job video

[@JubeiKibagamiFez]

1:14 I don't know if the employee & employer dynamic is different in Canada, but in the US during the 90's and early 00's, employees who asked for raises rather than waiting to get a raise got targeted by management for "termination" by getting reduced hours until hours were non-existent, forcing them to quit.... It could been starting as early as the 80's, but I'm too young to know for sure. This created a corporate culture where employees no longer wanted to ask for raises because they didn't want to find another job.

[@GrowingonVancouverIsland]

I've been working on the decreasing the spending for awhile

[@mariacrochet8379]

Right on Nichole. I worked for the same company for 15 years, and when I left I learned my replacement was paid $10,000 per year more!!! All those years and all I got was a gold filled service pin every five years. But the 401k and medical was great. But I should have asked for more along the way, or job hopped.

[@bonnieechmalian2158]

Something to remember in the US is that when you freelance full-time you must pay for your own health insurance. Even a no-frills plan will be at least $500 a month.

[@okgreat2573]

You also have to pay both the employer and employee portion of the social security and medicare tax. (6.2% x 2 = 12.4%)

[@seltzermint5]

yep, a lot of the time in the US we really do "have to" work for a company which I think a lot of people in other countries don't fully grasp.

[@eaglenoimoto]

Not just in the US, it’s the same in most European countries, too. Governments don’t like small scale self employment.

[@whatevergoesforme5129]

@@eaglenoimoto Agree. Government loves to take and spend other people's money so they need taxpayers' money to continue their ponzi schemes and of course to fund their salaries, benefits, and pensions.

[@GoderaFinance]

Nicole is such a guru at what she does.

[@joaquimrodriguez8961]

Tell her not us.

[@LindaDooWop]

Smart and charismatic too! That's an unusual combination, Nicole, and you have it in spades!

[@mnraiders8546]

This is a really good channel! I've been at my retail job for 19 years and I agree with the lengthy stay and loyalty part. I think the most underrated part of the blind loyalty is not building any skills and if you work full time, it's hard to make time for it.

[@carlosgarcia8770]

You are young, smart and beautiful. Keep up the good work.👍

[@1HandsomeDevil]

Would love to see a video of your experience with different 'side hustles' ... pros/cons do's/don'ts, effort v.s. return, etc.

[@barbborstein7640]

Make. Save. Invest!

[@sallymalnar4625]

Would love to hear about all the side hustles you did or are doing. Thanks, for the great video!

[@cabuud16]

You are just great, keep going

[@ALCAPONE5655]

Great video Nicole! To double my income, I did a combination of a few things that you mentioned, I went back to school to get myself a higher education, which landed me a good paying job, I have my Side hustle, i drive for Ubereats part-time and make about $500 per week, i also purchased a couple high quality JBL bluetooth party speakers which i rent out on facebook market for $50/each per day (mostly on weekend) and i do get customers because it’s cheaper to rent from me than going to a store like Long and McQuade

[@hammer48ful]

Depending on the type of business you start you might need a lawyer, an accountant, licenses, and spend money on advertising. When I was in business the government and insurance companies took the 1st 50% of what I made. Still it was one of the best things that I did, it took me places that I wouldn't have dreamed possible.

[@greenmanatee6462]

Yes, I would like to hear about your other gigs if you feel like sharing

[@BacktoFrugal]

You must be doing something right cause I'm starting to see more crazy or sarcastic questions, lol. Keep it up Nicole. As someone who is also frugal and don't really care how my place is decorated, or lack there of, kudos to you:) I'm good with my regular job but love the ability to run two YT channels, this one being a faceless channel to help educate more people about frugality and saving money. I also wrote a book of the same name. I guess some people would call them side hustles, but it's always been a passion to make videos and to write. Thank you for another great video! 🙂

[@xlerb2286]

Everybody has different goals. I've _left_ companies because they wanted to promote me to management and weren't going to take no for an answer. Unfortunately I agree that job hopping boosts salary. I didn't intentionally job hop but after I left one company (because of a threatened management promotion) I went to a startup that folded after a year, then I went to another startup that folded in a couple years - then I went back to the original company that in the meantime had been bought by a large corporation. I bumped up my salary by $20K on each move. I left the first company at $30K and came back 3 years later at $90K. No way in the world would I have gotten raises more than 2-3% a year if I'd stayed. That move by itself had more to do with me getting ahead financially than all the hard work and side gigs I've done my whole life.

[@ramonagray8411]

I’m interested in your previous side hustles. I’ve,cleaned houses,flipped furniture,dog sit,house sit and granny sit.

[@timboc105]

Most bosses/ business owners won't give you a raise and don't want you asking them for a raise..They'd rather hire someone elsewhere for the same pay when you move on

[@AccordingtoNicole]

So move on 💅🏼

[@BrianK-zz4fk]

the only way to do it at cetain places is show them a comp offer from outside, some will tell you to pound sand but others will renegociate. Alot of factors come into play but make sure your ready to leave when doing this.

[@johnsyler8580]

Places that I have worked were on a set scale for either job description or rank as in in my military career.

[@tonyp9313]

Work at Amazon. You'll get guaranteed raises every 6 months then every year. Maybe other warehouses do this as well.

[@timboc105]

@@tonyp9313 20 cents every 6 months?

[@ericamar1241]

I would love to hear about all your previous side hustle experiences

[@kimberleighwells4420]

I’m not sure if it’s intentional or not but I really appreciate how much slower you’re speaking in this video.😊

[@AccordingtoNicole]

I'm trying 😆

[@7Write4This9Heart7]

I've been trying to get out of my shithole dead end job for years, even went back to 'school' and got tech certifications, but nothing's come of that besides side gig stuff (which I love, but it doesn't pa the bills), the ones that fit are family-owned and don't want anyone else or closed dye to COVID (or have a (rightfully) shitty rep (Best Buy's Geek Squad)), and all the other jobs in my town are the same as my current one or worse, and the few that aren't are HGHLY sought after, so no one there wants to leave! Houses are 800-900k MINIMUM, a lot over $1 MIL! Insane! Apartments are ridiculous, too - even a room in someone's HOUSE (without laundry, kitchen, OR parking privileges, at that)! It REALLY sucks! ;A;

[@coniccinoc]

You are sharing value added wisdom. I have no doubt you have changed some lives for the good.

[@santabeard3975]

What you say is true. I worked for a good company who gave good raises (4 -10%), yet still when I left after 24 years I got a 40% bump.

[@seltzermint5]

I work for a company that gives very similar, good raises annually but at the 5 year mark I asked for more and got a raise of 30% mid-year then still 3% COL. I work for a smallish company. Some of my friends - especially those working in very well known companies or hospitals (USA) make ridiculously low wages and still act like they are "lucky" to have jobs working for their companies. I will never understand that! I'd rather be earning serious money and working for a company few people have heard of, makes no difference to me!

[@ragstar7868]

I'm currently unemployed and have no income. I've come here to double it. EDIT: she changed the title. now my comment doesn't make any sense :(

[@robinedwards8796]

😆 I also have zero income. I watch these videos because I like Nicole's delivery. ☺

[@Christian-qu9ml]

Can you sell anything on eBay?

[@palmerhouse3733]

Don't sell yourself short.... triple it!

[@tudormiller887]

Same.👍

[@christinewatson1989]

I still laughed.

[@Silverdragon517]

Love your videos, please keep going

[@mavman0131]

Keep those vids coming kiddo. love your vids cause i learn something every time i watch. 😉

[@minsohn8290]

Certification is also an option, which I am working on it. :)

[@khope74]

Please do a video on the side jobs you have done. Love your channel.

[@jameskroeck3178]

Very interested in hearing of your past side hustles.

[@microtyger]

I'm here bc she does the presentations so well. 🙂

[@workinprogresssince1974]

I pretty much live off side hustles now. It's completely changed my financial future. :)

[@mrax101]

I'd LOVE to see a video of the side hustles you've done. That would be incredibly helpful!

[@AccordingtoNicole]

You got it!

[@lisapearson6528]

If considering quitting a job to start a business full time, you need to calculate lost pension/rrsp matching contributions, loss of benefits etc to determine the big picture income your business has to produce where applicable. I know not everyone has benefits and the like, but for those that do, it isn't about replacing your hourly range, it's about replacing your total compensation. Being on the hook for all your prescriptions or dental can be sticker shock if you have always had benefits. Not taking into account an annual bonus might throw your budget for a loop, so remember to look at big picture relating to income from a job.

[@Tess.of.all.trades]

The majority of jobs in Canada don't even offer any of those benefits or they're seriously lacking in what they do offer anyway

[@5-minuteBreakthroughs]

Yes on the video on side hustles and rating them.

[@johenderson3742]

Yes! Tell us about SIDE HUSTLES!

[@jayrobitaille2402]

I love how you challenged the boomer mythology of company loyalty. Layoffs can have little or no notice (at least not direct, but perhaps rumors or signs of business slowing down) while they expect two week's notice before quitting.

[@johnharvey5412]

This is a difficult one to do, but will help you out in a lot of ways for your whole life if you can accomplish it: unionize! Union jobs pay more on average and have drastically better benefits, job security, and much more. In the US, it's a federally protected right to organize, so if your boss retaliates then you get to sue, and a lot of employment attorneys only charge you money when/if they win.

[@Void-050H]

100%!!!

[@makingMyHouseaHome412]

Yes! Your side hustle journey would be a great one

[@bingyum]

what is a good beginner's platform to begin investing in to learn?

[@michaelboom7704]

I had full intentions of pushing items on Marketplace now that I am past 65 to make extra income ( I call it gas money ) but in the last year or so I am finding that I get the usual "Do you still have it" then nothing else. So I get I'll have to make new plans. Hope you don't get that BS when selling on Marketplace or wherever.

[@BINSNEWS]

U brought up some really great points.

[@joearquilla]

Sunday excellence, as always..Thank you, Nicole.🙏

[@jacobcuadro2213]

Hi Nicole I've always been interested in investing but I just don't know where to start do you have any ideas?

[@brucemorris3830]

Combining #1 and #3: if you’re doing a dreary job in a large organization quite a bit of the time there are opportunities that don’t have anything to do with the dreaded middle management track. Technical positions, small specialty departments, things like that, which sometimes have aptitude tests and sometimes just have a simple interview process. I’m actually taking an aptitude test this week and if I pass I’ll get technical training in house, GET PAID to do it, and unlike every other job skill I’ve learned in my current position I could actually take this knowledge to another company or even strike out on my own someday. Fingers crossed

[@wendybauman4074]

Yes please to your side hustle bio as a video :)

[@randaray24]

Question - I have a job I love and it’s about 1 mile from my home. I make enough to pay bills and because I am a teacher I am fortunate enough to have a pension. If I were willing to drive 45 minutes to an hour I could increase my income by 20,000 or more. Is it worth it to change jobs and drive? Financially it absolutely is but selling my house and buying another is not an option. Were talking 7 years of this commute. Thanks for any thoughts out there in comment land.

[@katherinemahlum178]

Yyes to the side hustle video 2❤

[@KarriOnYouTube]

YES to the side-hustle review.

[@margeanderson9380]

Hi Nicole! I would like to see a video of the side hussles you've done and do now. Thanks.

[@tatianasalazar4188]

Rating side hustles sounds fun! Please do! 🙏

[@colehuston1916]

Is coursera a good place to learn skills for jobs or would a workplace not really hire based on a completed course

[@mymilliondollarjourney7146]

Love your content Nicole, still very curious to what you actually do?? 🤔 self employed job that is.

[@AccordingtoNicole]

I sell photos of Levi’s feet on OnlyPaws.

[@Christian-qu9ml]

​@@AccordingtoNicole😂

[@paul_domici]

@@AccordingtoNicole LOL

[@SPR_NAPALM]

@@AccordingtoNicole I'm not going to find anything funnier than that on the internet today. Thanks for the laugh.

[@mymilliondollarjourney7146]

@@AccordingtoNicole lol 😂 see that’s why you make great content, I was not expecting that response at all haha. Keep up the great work with the channel Nicole.

[@gillinacook1477]

Yes, very inspiring video thank you. I intend to create pet portraits as a side hustle. I’m currently creating on 3 sizes I will be offering to find out how long it takes me so I can give a time stamp. Also I need to teach myself to do the curly fur then I’m ready to put myself out there yay! Thank you for sharing.

[@upsidedownsky]

I'm so glad to see a female in this space. You give great advice.

[@mht5875]

I got a raise this year after taking over another person's duties - said person left the company late last year.

[@cj222100]

I would like to see the side hustle/rating video you mentioned

[@AccordingtoNicole]

🫡

[@VanIsleWhimsy]

@@AccordingtoNicole me too, please

[@georgeandrews2839]

Record everything you do above and beyond the call of duty daily. This list will come in handy when you ask for a raise. A penny saved is worth more than a penny earned because you will pay taxes on the penny earned.

[@ChristianBRouge-wd5hz]

Great video! 🙂

[@jsivco3sivco785]

1:15 ... "A raise of $1.00 per hour will put an extra $2000 in your pocket." Oh, you don't pay taxes in Canada? Here in the USA, an extra 2K might put merely an extra $1400 into my pocket.

[@johnerickvs]

Didn't know you were Canadian.. following!

[@nzmoneykarma]

My side hustle extra job that I do 2 days a week earns only $200 less/week than my 4 day/week regular job. BUT I enjoy my 4 day a week job better 🙂

[@Christian-qu9ml]

Sage advice.

[@peterwilder752]

Got a new job in March of 2023 and made a conscious effort to reduce my spending. I'll have saved 15k over the last 15 months by the end of next week

[@SPR_NAPALM]

Would definitely watch a video of you rating the side hustles you've done.

[@davea691]

Interested in listening to your past side hustles.

[@bluedragontoybash2463]

1. ask a raise 2. switch job 3. invest with moomoo (link in the description) 4. decrease your expenditure 5. start a business 6. side hustle I dont bother to find the missing one.

[@AccordingtoNicole]

the missing one is the most important one!

[@tonyp9313]

Yeah just don't waste you time finding it when she could have told you in her comment lol. Unless you want to spend another 12 min 54 sec, go right ahead. It's your choice.

[@bluedragontoybash2463]

@@tonyp9313 no. Thanks.. as if create business is just that easy

[@kimberleymansfield1099]

Thanks Nicole.

[@IvansBikesBmws]

Good tips

[@Over40beautyvlog]

I’d like to see a video about your side hustles

[@terrimcmillin9147]

I'd be interested in hearing about your side hustles. ❤

[@superman9772]

so yep, i went to university (the military paid for me to attend and graduate while i was active duty)... took formal logic in the philosophy department and guess what ?... it's pretty much the same as reading an electrical diagram schematic ... so if you learn how to become an electrician then you'll probably be able to understand logic analysis better than you'd get with a university degree (plus you'll still have your common sense that university will rob you of)

[@robinedwards8796]

"Common sense" often means an arrogant, sterile lack of creativity by people who don't appreciate that the most efficient brain isn't superior. Its just efficient.

[@jeremiahbullfrog9288]

A penny saved is worth much more than a penny earned: You don't have to pay income tax on the penny you saved, and you don't have to pay sales taxes on the penny you didn't spend.

[@Is63753]

Is Mint mobile available in Canada?

[@Pihlalorjoone]

Yes, please, a video on sidehustles you did

[@stormy3131]

Thank you!

[@potapotapotapotapotapota]

I like the meme going around which said to change jobs frequently, but do it in a way where you are learning skills in your current job that can help you get a higher paying job. It seems so obvious but I never really thought about it before. Maybe now I'm older and have to pay bills, I actually care about work and earning more and more money.

[@tinkerbell1270]

goes to show that high education is no guarantee of success or intelligence. you have more of both than many highly educated people....

[@oddw0rd]

Curious if any Canadians watching this channel have tried signing up for american phone plans? Apparently they have good roaming plans that would end up being cheaper than the Canadian providers

[@bmindful1888]

Such great information !

[@mariacrochet8379]

Id love to see a side hustle video from you!!

[@nt6719]

I would like to see a video of every side hustle you've done.

[@BettyVincent-oi6sp]

Would love to watch a video on your side hustle history 😊

[@chrisgoetsch1964]

Yep let's see the side hustle video

[@southbound1969]

I just read that Mint Mobile sold out to T-Mobile. Is that correct?

[@babsb8636]

I heard that too, that totally takes the wind out of my sails :(

[@karryhuston1321]

Good video Nicole...have a great day sweet girl.

[@burnedoils]

wishing u all the best, madam dog! :)

[@GrowingonVancouverIsland]

I hope mint moble comes to Canada soon

[@okaythankyoubyeee2501]

1) Ask for a Raise - You could also look for promotion within your company so you can make more 2) Find another job. 3) Learn a new skill 4) Decrease your spending - A penny saved is a penny earned. - You have to make $1.33 to replace that dollar after taxes 5) Investing - Make money while you sleep - Compound Interest is the 8th wonder of the world 6) Start a business - Monetize one of your skills. Doesn't have to be fancy - You only need to know how to one thing really well. 7) Start a side hustle - Similar to starting a business but sounds less formal

[@D.M.S.]

1) Hear the word no. 2) Hear the word no several times 3) Pay a lot of money and time to learn something to hear the word no from new people 4) Starve 5) Earn cents and lose dollars because you have no idea what you are doing 6) Get poor and stressed and depressed by ruining a hobby 7) Work even more in a second job Just for amusement.

[@okaythankyoubyeee2501]

@@D.M.S. I mean, you could always just stay doing the same ish and end up exactly where you have always been... 5) Buy VOO DRIP it and leave it alone. Only 1% of money managers outperform the market. VOO is the market so you're guaranteed market performance minus it's small fees

[@elmalifico3708]

Canadian money looks really similar to Vietnamese money. That plasticy feel and the clear, transparent spots. Also feels like if you accidentally leave it in your jeans and wash them they’ll dissolve.

[@claradontcara]

Unfortunately, I'm a VERY mediocre worker and I'm not about to get better at this age so asking for more money.... I'd just feel too guilty!🤣

[@macolulu]

I left a company 1 year ago, and now i was paid 10 more per hour. I didn't think i got that much more. I just didn't like the company and the situation at the time. I will keep my best to jump every 2 years.

[@vytallicaq.6881]

I only made $1.95/hr. at my first job in '77. A ride attendant at Six Flags St. Louis. Then I heard Globex Corporation was hiring. That put me on the fast track to success! 😂