The No. 1 rule of personal finance is to spend less than you earn. So if you want to get ahead financially, it’s important to save money where you can.
But if you really want to improve your finances, there’s the flip side of that equation to consider as well – making more money. With a side hustle or money-making hobby, you can give yourself a raise whether your employer wants to or not.
Here’s the truth no one wants to talk about: Learning how to make money can improve your finances in ways that saving money simply cannot. There are only so many ways to save, but there are an unlimited number of ways to earn extra money you can use to pay down debt, save for the future, or actually have some fun.
If you’re eager to boost your earnings but don’t know where to start, this list should provide you with a few ideas that could work.
Choose domain names that are easy to remember and pronounce. Shorter domains tend to be more desirable. Consider unique and brandable names that have the potential to resonate with businesses or individuals in various industries.
Research current market trends and industry niches to identify domains that align with popular topics or emerging markets. Look for domains that have potential demand or could cater to a specific target audience.
Assess the search volume and popularity of relevant keywords associated with the domain. Tools like Google Keyword Planner or SEMrush can provide insights into keyword search volumes, which can indicate the potential interest and value of a domain.
While .com domains are typically more sought after, consider other popular extensions like .net, .org, or country-specific extensions (.co.uk, .de, etc.). The extension should align with the domain's purpose and target audience.
Study past domain sales data to understand pricing trends and assess the potential value of similar domains. Use domain appraisal services or tools like Estibot or GoDaddy Domain Appraisal to get an estimated value of a domain based on various factors.
Conduct a trademark search to ensure that the domain name you are considering does not infringe upon any existing trademarks. Avoid domains that could potentially lead to legal disputes or copyright violations.
Evaluate the competitive landscape for similar domain names and assess their availability. Identify gaps or opportunities where you can offer unique and valuable domain names that stand out in the market.
Research businesses or individuals who might be interested in the domain name you are considering. Understand their target audience, industry, and branding requirements. This can help you tailor your marketing efforts and approach potential buyers more effectively.