How turning off your TV can make you money

Turning off your TV can make you money. Seriously. Over at TheSecondDollar, there’s an excellent article about reducing TV time and increasing your cash flow. I especially liked this tip:

Start a second business. I keep this blog running on less time than I used to spend watching television each night and it is earning some money. I also started a computer consulting business, where I fix people’s computers locally. This has opened up two solid revenue streams for me that, added together, approximate what I made from my job before. This has made me feel much less stressed about work – I do my job, but it no longer has the paralyzing “Oh my God what if they downsize?” fear that it used to have.

When I first became a consultant, I launched my business on a part-time basis. When I did that, I scaled back on watching TV. If you currently spend a couple of hours watching TV each night, you’ve actually got about 60 hours a month you could be using to run a consulting business. Even if you just worked 20 percent of the time and billed just $50 an hour, you could be making $600 a month — $7200 a year.

Wow. Turn your TV off a couple of nights a week and make an extra $7200 a year…or more. Sounds like a "get rich quick" scheme, but it worked for me.

Tony Rose says:

Absolutely! If you’re unwilling to give up TV, then invest a small amount in a TiVo or DVR.
This is probably hard for a lot of people to do, but you would be amazed at how much time you will save. Don’t get me wrong, I do have my few shows that I really enjoy watching and would have a hard time giving up.