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Not to say everything is sunflowers and daffodils here, though. In fact, there are two easy ways to screw up:
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If you market yourself well, like Glenn Stovall did here, you can find yourself earning double or triple your starting rate in no time at all. Even if you’re learning as you go.
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Did you collect things when you were younger or have items that fit your last home but don’t fit your new one? Get out all your collectibles and sell them off. If some are antiques or collectibles, make sure to get them appraised. Otherwise, you may sell some rare items at low prices.
Haggle Sky Costs Down Rescue battered wood. Pallets and pallet stock are cheap (or free) and easy to come by. Look for untreated specimens at construction sites, community colleges, buildings under renovation, or shipping warehouses and plane them down and/or kiln-dry them in a homemade kiln-dryer to uncover their hidden beauty. You can then resell the wood as is or even turn it into beautiful furniture. (Be sure to advertise that the wood is “reclaimed,” as people are often willing to pay much more for this.)
Take advantage of tax laws if you're self-employed. Money saved on taxes is still money saved. You may be able to deduct many of your business expenses (use of your home, use of your car, office supplies, etc.) if you keep good records. You may also qualify for tax breaks, such as deducting your health insurance premiums on your tax return. These laws are in place to encourage commerce and business growth, so don't neglect their benefits especially if you want to make money.
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