Want to Earn More Money? Take Time to Learn More!

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The two biggest excuses I hear from people regarding making extra money is they don’t have enough time or don’t know how. I hear it day in and day out. “I work too much now, I don’t have time to earn more!

Yep, I know. Our lives are busy and we don’t have a lot of time. The same goes for knowledge. If you don’t know how to do something, do you just give up or try to figure it out? Guess what folks? Money doesn’t grow on trees. You have to be willing to fight for it, struggle for it, and understand how to use it. Money is not a right, it’s a privilege. If you want to earn more, you need to learn more!

If you’re one of the many who brush off making extra money, because of a lack of time or knowledge, then I wan’t to show you that you’re looking at it all wrong. It’s not about making more time to make money. It’s about using the time you have more efficiently.

It’s about taking the steps to learn something to create a better life or income stream. No one’s going to just give it to you (except for the government!), you need to be willing to put in the work to earn more money.

You Can’t Make More Time


Time is a finite resource. We know there are 24 hours in a day, 365 days in a year (not including leap year), and so on. We can’t make an extra day out of nowhere. This means, instead of hoping for more time to do something, you need to focus on what you’re currently doing with your time. I know many people, including myself, who work extra on the side.

I have a full-time job, but I also blog, run a business, and so forth. It’s not because I know the secret to finding more time. It’s because I know the secret to harnessing the time I do have and making the most of it. If you want to start earning more money, then take a good look at what you’re currently doing with your time.

Do you spend most of it at a job?

Watch TV?

Hang out at the local bar?

Where does your time go? This is the first step into understanding what you’re actually doing. For myself, I used to spend a good amount of time in front of the TV. If I wasn’t watching TV, I was playing video games. It consumed a lot of my time. It was a mindless activity that did nothing to advance my agenda of earning more.

Once I canceled cable, my extra income earning potential increased greatly. I now have more time to think about ways to earn more, use the time to make more, and enjoy the money I make. Just by removing cable from my life, I wasn’t tied to the TV. While I still do have TV through some services, I don’t focus on it. I don’t come home and turn on the TV and sit down to watch. My priority has shifted from a mindless activity to an income-producing one.

You Can Gain More Knowledge


With knowledge comes power. It’s what you do with that power that defines you. When I suggest to someone that they should think about educating themselves about a topic, I usually get resistance. The reason is most people think they have to go to college or school to get an education. While to get a degree, you do need to go to college, degrees don’t always provide you with income.

I went to school for marketing. I graduated and used my degree for one year. During the time, I realized I didn’t really care so much for marketing. While I still know how to do it and have a knack for coming up with ideas, I don’t like the industry per se. It’s not my thing. Main reason being is most places think sales and marketing are the same. They are not!

During my year in marketing, I realized I enjoyed doing things online like building websites, dealing with e-commerce, helping bloggers, and playing with coding. When I started my e-commerce business back in college, I had no idea what I was doing. I didn’t know how to code a single line of HTML, how to integrate two platforms, or a host of other things. Instead of giving up or just paying someone to do it, I slowly taught myself how to code. I hone my coding skills each and every day now and use them to help other site owners with their problems.

I didn’t have to go back to college for this. I learned by doing. I made mistakes, but I soon learned how to fix them and that’s where most of my knowledge has come from. I have taken time to teach myself knew skills in areas I want to be proficient in. I’ve taken courses online at places like Udemy. There is so much information on the web, that saying you can’t afford to learn a new skill is no longer applicable. You don’t need a degree to do something. You need the desire!

In today’s world, knowledge can be obtained from a variety of places. You just have to know where to look. I’ve learned things just by reaching out to those who know what they’re doing. You would be surprised to see how helpful some people are. There’s no more room for excuses. There’s only room for action!

If you want to make extra money, don’t complain about the lack of time or knowledge. Instead, figure out where your time is being wasted and correct it. Use that time to increase your education in an area you want to pursue. Once you do that, you can then use your free time to hone your skills and earn extra money. I do this on a daily basis and many more do as well. Remember, there’s a difference between dreamers and doers. Which one do you want to be?


What new skill do you most want to develop this year? What’s holding you back from teaching yourself that skill? What do you do with your free time?

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Grayson is the owner of Debt Roundup and iMark Interactive. After going to battle and winning against consumer debt, he decided it was time to learn how to use credit wisely and grow his wealth. He discusses all things personal finance and is not afraid of being controversial.


  • How To Save Money says:

    Agree! I use my free time to do side hustles and I also take online classes through Coursera. But I also a little of my time to have fun just to balance it all out.

  • Clarisse @ Make Money Your Way says:

    I agree with you Grayson, it’s just about how you manage your time. Honestly, before, I only think that I can only handle 1 client because I was working in front of TV but when I started working without distraction anymore, I can say that I have lots of extra time.

  • Jon @ Money Smart Guides says:

    Awesome post!! I agree that you just have to keep educating yourself. Some of the side hustles I do for more money came about simply by reading other blogs. After reading the blog, if I still have questions, I either email the author or search online for others that are doing the same thing.

    Always remember how powerful the internet is. Like you, when I began blogging, I had no clue what HTML was. I simply took the time and searched for my problem and through trial and error I would fix the problem.

    So many people give up when they hit a roadblock. Just type the issue into Google and you will be amazed. I’ve solved problems at work this way too. My boss will be like “where do you learn about this?” and I tell him I did a quick search online. The answers are out there, you just have to put in some time to find them.

  • Holly@ClubThrifty says:

    We don’t watch a lot of TV and finding new ways to earn money is pretty much my hobby. I have always been that way, and I have no idea why! I suppose it’s a good thing.

  • Tonya@Budget and the Beach says:

    I think it’s one of those situations where you have to ask, “how bad do I want it?” There is always some kind of cost or sacrifice associated with learning more or earning more. Time, resources, spending time with friends/family, etc. To some it may not be worth it, but to many it is. When you are passionate about something you make time, period. I’m learning a higher end camera this year and making more videos on my own! 🙂 And continuing to learn the ukulele.

  • Shannon @ Financially Blonde says:

    One of the reasons I love being a part of the personal finance blogging community is that I feel as though I learn something all the time from my fellow bloggers. I love seeing what other people are doing, learning from it and incorporating it into mine and my client’s lives.

  • Ben Luthi says:

    We’ve been watching a lot more Netflix than usual since our baby came at the beginning of the month. It was cool for a while, but now I’m dying to actually use my brain for something. Just need to find a way to do that on little sleep and while holding an 8 lb. baby constantly haha

  • Kalie says:

    I want to learn more about successful blogging, and luckily there are plenty of successful personal finance blogs to learn from. But in addition to develop a specific skill, I want to increase my depth of knowledge and personal philosophy about personal finance so I’ve been reading some thought-provoking books and writing about them to help think through the issues. Spending less time on social media helps, but what really cleared the time for me was my second child outgrowing the newborn stage!

  • Shannon @ The Heavy Purse says:

    I don’t spend much time in front of the TV either. Where I see lots of people struggle is actually breaking that old mindset – that doing something in addition to 9-5, is failure. And it’s not. Like you said, it’s a balancing of time and priorities. I have to be careful so I don’t burn myself out, but doing extra, even when I don’t get paid, like volunteering or networking, still helps my bottom-line.

  • Gen Y Finance Guy says:

    There is a famous Jim Rohn Quote that says “If you want more, then you must become more”.

    Think it really captures the message of the post.

  • Jason B says:

    This year I want to learn how to make better youtube videos. Nothing is holding me back. I have one that I am publishing on Friday.

  • Sabrina | Frugal Italian Family says:

    I completely agree with you. We have just started learning about blogging and sometimes we feel discouraged as we make many mistakes or we do not know how to solve the problems. Luckily we completely understand that we can find a solution if we want. Yes, it’s hard work, but hopefully it will give us satisfaction in the future! We hope …

  • Jason @ says:

    Each of us has the same amount of hours in a day. You made a great point, John, about finding where you’re wasting your time and fixing it. In other words, making sure that you are steering your self towards a goal or goals instead of just drifting around complaining about not having enough time. Being driven by your passions and directing these energies towards a goal is a powerful (and enjoyable) combination.

  • DC @ Young Adult Money says:

    While side hustles are great – trust me, it’s GREATLY benefited my wife and me – I think it’s important to focus on increasing money at your full-time job. If you don’t have a full-time job, the focus should be on increasing your business’ income. If you can make 50% more at your 9-5 job and work similar hours, there’s no reason NOT to pursue that. With that being said, your focus on skills comes into play regardless of what income stream we are talking about (primary or “side”). It’s important to recognize what you can do today (or over the next few years) to put yourself into a better position from an earnings perspective.

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