How can you increase your monthly income?

It’s the middle of the month. You check your banking app, and that familiar pang returns. You have a stable job, a professional status that should keep you safe from penny-pinching. But with rising inflation in France and growing bills, the reality is clear: your salary seems to disappear a little faster each month. Refusing to let your budget run dry or turn to passive solutions like overdrafts? Want to regain your financial peace of mind, make that dream vacation happen, or treat your loved ones without counting every penny? What if the answer was simply a new professional chapter you could start from home, on your own terms?

Key takeaways for increasing your budget:

• Traditional real estate or REITs require a significant initial investment and time before yielding financial returns.

• Online freelancing lets you monetize specific skills, but requires you to find your own clients.

• Independent Home Sales Consultant (VDI) is the fastest and most flexible way to supplement your income.

• By becoming a Fashion Consultant at Elora, you set your own schedule and enjoy personalized support in the exciting world of fashion.

How to increase your income?

But how can you really boost your income? Online, it’s hard to separate fact from fiction, with so much information—often incomplete—shared by countless sites. Often, an interesting blog highlighting a seemingly lucrative activity or an innovative company doesn’t get to the heart of the matter: 

• How to get started? 

• What exactly is the additional income possible to generate? 

• Is the resulting work compatible with a balanced family life? 

• Does it require training, and if so, what kind?

As one of the leaders in home fashion sales, Elora is a forward-thinking company that has been helping women increase their income for several years, empowering them to dedicate their talent and enthusiasm to selling stylish, confidence-boosting clothing and accessories. All this, while maintaining their independence—no more commuting or spending hours in a store as a sales assistant. Discover Elora’s tips for boosting your income.

1. Real estate investment (Traditional and REITs): the long-term strategy

Of course, a tempting solution to generate more and more money each year would be to make a real estate investment, which would allow you to receive a monthly rent of several hundred euros, and thus sustainably increase your income. For those over 40, it is also seen as a way to build up a future retirement supplement during their working life. Real estate remains the favorite investment of individuals in France!

However, while building up assets is an excellent idea, you need to be aware that it is a large-scale project, requiring a substantial budget and not offering an immediate return on investment. Most often, it is necessary to obtain a loan from a bank (with financial and administrative costs), which will then, of course, need to be repaid year after year.

The realities of traditional real estate investment

It is especially important to remember, on the one hand, that the benefits of this type of investment are to be expected over the medium and long term, and on the other hand, that owners cannot afford to remain passive. Properly managing a rental, even just to collect rent and provide tenants with the services they expect, is a time-consuming business, even if quality platforms offer amateur managers accelerated training and, more generally, excellent support.

Focus on alternative investments: SCPI

Another idea, still in real estate, is to make a more moderate investment that won't put too much strain on your budget! You can choose to invest through an SCPI (also known as "paper stone"), which allows you to acquire just a share of a real estate product (like buying a company share), and not have to directly manage the property yourself.

There are many pitfalls! When browsing the web, stay alert to the many sites dedicated to selling SCPIs, check how each "real estate" product is evaluated, and carefully review the conditions offered at the end of your commitment. Excessive brokerage fees, file management costs, or "hidden" financial charges can drive up the total investment amount, sometimes by thousands of euros. 

Also be aware that if you invest less (through an SCPI rather than buying a property outright), you will necessarily increase your income (and your assets!) less in the long run, regardless of the immediate expected return.

In any case, keep in mind that real estate investments in all their forms always carry some degree of risk in the short or long term. This is inherent to fluctuations in real estate market prices, financial rates, tax changes, new housing regulations, and more generally to the economic climate in France.

2. Freelancing and online services: monetizing your skills

If you have a particular skill (writing, graphic design, accounting, tutoring, virtual assistance), starting as a freelance service provider is an excellent option. Many platforms allow you to offer your services to companies around the world.

The benefits of online services

The big advantage is that you set your own rates. You work from your computer, at your own pace, choosing the projects you like. It’s a rewarding method that allows you to capitalize on what you already know how to do.

Limits and risks of freelancing

The main challenge lies in the irregularity of income. As a self-employed worker, you need to dedicate significant time to prospecting for clients. Additionally, online competition is global, which sometimes drives prices down. Finally, you must secure every payment to avoid unpaid invoices, which requires strict administrative discipline.

3. Independent Direct Sales (VDI): people-focused and flexible

Sales are a safe bet, provided of course you have a certain ease with people and a good dose of energy! You also need to carefully choose the line of products, items, or services you commit to selling, without jumping at the first business opportunity that comes along.

If you want to earn money quickly without disrupting your entire routine, Independent Direct Sales (VDI) jobs are particularly well suited. They offer great flexibility in scheduling, which is essential for balancing your side activity with your current job and personal life.

Quick comparison: which solution should you choose to boost your income?

Why increase your income by becoming a VDI?

How to become an independent direct sales representative? The first step is to register as a self-employed entrepreneur, which means creating your own business as a micro-enterprise. Simple and quick, registration is done online directly with URSSAF.

This tailor-made status offers you valuable benefits:

• Total independence to organize your days as you wish.

• Perfect compatibility with your current job so you can keep your fixed salary.

• The freedom to choose your weekly or monthly working hours.

• Prepare your work comfortably from home.

However, keep in mind that your earnings are based on a percentage of your sales volume. So, it’s not about staying passive, but truly embracing your new activity. Finally, one of the most attractive benefits is being able to prepare your work from home, then hold your sales meetings close to home, at locations you choose together with your hostesses. This way, you can save on travel expenses and optimize your working time!

Become the ambassador of an exciting world

As a VDI, you can sell a wide range of products from home to supplement your income: kitchen, beauty, hygiene, home, and more. Many online platforms offer quality partnerships. But remember, to start selling with real commitment—which requires personal investment—you need to believe in the products and the brand you represent. So, if you’re passionate about fashion, interested in ready-to-wear, and full of creative ideas, choose the thriving fashion sector and become a personal stylist.

Take the leap, give your life a new dynamic... And always keep in mind the idea of becoming a VDI with Elora, a brand with strong human values. This is a committed company that truly invests in everyone who joins its teams, ensuring proper training and genuinely providing the means to earn money. What’s more, Elora increases its efforts for the planet every year through its eco-friendly product line!

Words from Fashion Consultants

 

BECOME A VDI

Increase your monthly income from home with Elora

By collaborating with Elora, you keep your independence while enjoying the benefits of a team. During your first weeks as a Fashion Consultant, you’ll receive training, mostly online. In particular, you’ll be coached by a dedicated mentor, who will tell you more about the brand’s products and the types of services clients expect during a home shopping session. It will be up to you to create a warm, friendly atmosphere to stand out from traditional ready-to-wear retail.

A complete and accessible learning journey

Elora’s blog articles, easily accessible online, are also an excellent source of information to get started. And you’ll quickly build your skills, as the Elora team offers various online courses and training modules to teach you more about essential topics: 

• Prospecting and client relations;

• The art of combining pieces and giving body shape advice;

• Stock management or even team management.

Results that speak for themselves

Joining Elora means partnering with a strong, recognized premium brand:

• An active community of over 1,300 thriving Fashion Consultants.

• Zero stock to manage: Elora takes care of all logistics and delivers directly to your clients.

• Exclusive, high-end capsule collections with strong profitability from your very first sales.

Would you like to join Elora’s 1,300 Fashion Consultants to increase your income?

Submit your application online now! A Fashion Consultant will contact you as soon as possible to discuss and explain this to you side activity.

Bonus: 3 Financial Management Tips for Your Additional Income

Generating extra income is a great first step, but managing it well is essential for this income to become a true, sustainable asset:

1. Keep your accounts separate: open a bank account dedicated to your side business (mandatory for micro-enterprises above a certain threshold). This prevents mixing your everyday expenses with your additional professional income.

2. Plan ahead for expenses: as a self-employed entrepreneur, you will have social security contributions to pay (about 21% to 22% depending on your sector). Always set aside this percentage with each payment to avoid unpleasant surprises.

3. Set a savings rule: use the 50/50 rule for your new income. Allocate 50% of your earnings to fun projects (holidays, gifts) and put the remaining 50% into a savings account or investment project to secure your future.

FAQ: Everything You Need to Know to Start Your Business

Which investments or placements should I choose for reliable additional income?

If you’re looking for absolute security, the web is full of activity opportunities. Traditional investments like direct rental property or SCPI shares (“paper stone”) offer great wealth accumulation. However, to achieve immediate and regular financial gain without significant upfront funds, investing in a service or independent sales activity (VDI) is much more agile and reliable on a daily basis.

What are the steps to launch an income-generating activity?

Starting your own business is remarkably simple today. You just need to follow three main steps:

1. Choosing the sector: opt for a field you’re passionate about (like fashion and ready-to-wear).

2. Legal registration: declare your self-employed status online with URSSAF in just a few minutes.

3. The partnership: join a reliable company (like Elora) that provides you with tools, a mentor, and a starter collection with no financial contribution required from you.

How can I balance time and effort to maximize additional income?

The key is flexibility. The VDI status allows you to schedule your shopping sessions or events only during your free time (weekends or evenings). By optimizing your appointments close to home and taking advantage of our digital training modules at your own pace, you maximize your earnings while maintaining a harmonious family life and your main job.

How much can I expect to earn each month as a Fashion Consultant?

Your earnings are directly linked to the volume of sales from your collections. By hosting, for example, 2 to 3 shopping sessions per month, you can easily earn a few hundred euros as extra income. Those who choose a more intensive pace can make it their main source of income.

Do I need to buy a stock of clothes before starting?

Not at all! This is one of Elora’s strong commitments to protect your budget. A complete kit containing the most beautiful, trendy pieces from our collection is loaned to you for your presentations. No initial financial investment is required from you.

I have no sales experience, can I succeed?

Absolutely! Most of our Fashion Consultants come from very diverse professional backgrounds. Our internal online training school and the personalized support of your mentor will give you all the tips on color theory and styling you need to get started with maximum confidence.