Everybody has times of unexpected expenses or drops in income. This leaves you with three options; spend your savings; starve yourself/ generally cut back on things; or find extra cash. With the help of modern technology, it is possibly easier than ever to make cash on the side of your regular job. Below are some suggestions of ways that you can add some extra money to your bank account this month.
Pick up freelance work
Working as a self-employed person could not be easier in recent years, with so many free tools available to help you. There are tools to help you promote yourself, set up a website or other platform, and to even help you complete the work, depending on the project you are taking on. Perhaps you have a talent or skill that you can turn to your financial advantage, or even just do simple manual work to earn money locally. Some of the most popular examples of flexible and efficient freelance work that can make you money quickly includes copywriting, photography or even graphic design. Canva is an excellent free service that can help anyone work on a design with ease and is widely used by novices globally.
Sell! Sell! Sell!
It does not take a rocket scientist to tell you that selling your unneeded valuables is an effortless way to make fast cash. The secondhand market is growing in popularity amongst most of society, and everyone is looking for items that they can buy at a better price, that are more unique and will benefit the environment. In early 2021, Facebook Marketplace had over 1 billion monthly users. The place that you sell your goods should be considered carefully to get best value though. For example, jewelry, especially jewelry that has precious raw materials should always be valued properly. This can still be a straightforward process though. Websites like nuggetsbygrant.com not only sell gold but can also offer a no obligation price to buy gold from you.
Claim back debts
You may have money owed to you that you have forgotten about. This could be money owed by family or friends in your life, but it could also be from taxes or companies. Do you have any insurance policies or licenses that have been automatically renewing but you do not actually need? You should find out if you can access a full or partial refund on the time that you have not used. This could provide you with hundreds in extra cash if investigated thoroughly.
Rent out your assets
It is ridiculous how many things that you could hire out to others that you may not have even realized. Consider what you have that may be of value to someone else, and you could temporarily not use. This could be a room in your house, your car, your bike, or even your power tools. Renting out your driveway has become a very popular option for people in recent years, this is especially profitable if you live near an important city or venue where parking is more difficult. It is so easy to offer this service now with many companies offering you a platform to provide the details and collect payments. For example, JustPark has a website and a useful app to help both driveway owners and drivers.
The lesson here is not to panic when your bank balance is looking low, you have options, as long as you are willing to put in a very small amount of time to draw in the cash!