Every once in a while here, we cover an opportunity for earning money that requires relatively little investment. This time, it’s something called domaining [Aviva Directory], which amounts to the buying and selling of web domains in a manner similar to stocks or real estate.

I’m not going to get into it much here, as I’ve got a more extensive discussion of domain monetizing techniques at Performancing, but I do quickly want to discuss some of the ways to finance domaining:

1. Cash.
2. Partnerships.
3. Credit cards.
4. Balance transfer arbitrage, which takes advantage of 0% APR credit card offers.

The latter is an advanced method and only recommended when you’ve picked up some experience in domaining, as well as have good credit. Speaking of which, don’t forget to check out Brett Bumeter’s extensive series on credit cards, debt, and negotiating better interest rates.