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3 Ways to Earn $10,000 More for Your Wedding

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wedding proposal ring

What happen next once after your girlfriend has accepted your proposal? Of course it is time to plan your wedding unless you are planning to short-change her of this once a lifetime experience.

However, do you have enough money for your wedding? Some will say “yes”, others will say “no”. Some may even reply “not sure”.

Wedding is a mega project which needs lots of money to pay for lots of expenses. You will need at least S$4000 for your bridal package (including your wedding gowns, bridal car, make-up and so on), another $2000 for your wedding videographer, another $2000 for your wedding photographer, at least several tens of thousands as deposit for your new home plus renovation and so on.

Wow, I can take a day to list down all the wedding expenses till all the nitty gritty stuff!

Congratulation if you are born with a silver spoon or you are earning at least S$5000 a month and you can easily tide over with the add-on from your wife-to-be’s salary.

However for most of us who are from the middle-income strata and do not have much savings, what can we do?

So how do you earn more money within a period of time while not losing your job:

1. The easiest way is you can give home tuition. This is going to be very draining of your energy and mind.

I remember I took up tuition 7 days a week and I rushed for tuition once after work. Each tuition would last from 6pm to 8pm and another one from 8pm to 10pm.

I took up tuition for one and a half year and it no doubt gave me a significant boost to my saving accounts.

2. Trade in commodities and securities, only if you know how.

Have you heard about money growing money? A normal person who earns $3000 will most probably spend all of it on liabilities such as accessories, useless junks. And he may end up with no saving at all and may even get more credit card debt.

A financial savvy person will save up 30% of his salary and use another 30% for investment of stocks and other securities.

Of course the fastest way to earn money is to seek a mentor who has been in this field for many years and have a good track record.

Don’t be greedy and put all your money in high-risk, very volatile stocks. You may lose all your savings as well as your wedding.

Consult a trusted stock broker first before you do anything.

3. Start a business only with your intangible asset.

Alright, have you heard of being the middleman? Lets say I know this group of customers need a product and I know where to get them. So I will approach the supplier and negotiate for a commission for every product sold for him by me.

Thus, I’m using an idea of my and I’m selling other people’s products without the need to come up with a capital.

The other way is to provide a consultation business. Couples have been looking for me for tele-consultation and each consultation comes with an affordable fee.

The next is to write an ebook of what you know and sell them to a pool of hungry customers. For example, you are a very knowledgable PSLE math tutor. Do come up with an ebook that teaches ways to teach Maths for parents.

Thus, making a side income is always possible. No one says that no work is needed. Again, it is how much you believe in it.

Even if I tell you how to do it in steps but you don’t believe it, the business model I provide for you will not work.

If you have any money-making idea, do share with us.

Discuss this in our Romance-Fire Wedding Forums.

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