One of my biggest achievements of the year so far is finally becoming debt-free! It has taken discipline, being uncomfortable with my past mistakes, and a strict focus on my finances! But finally, it is done! Now, whatever money I do make is all mine rather than a bottomless hole of debt!
Part of my “debt-free strategy” was finding ways to make more money. The whole process can be draining but the freedom gained once the last credit card is paid off makes it worth it!
Get serious about your goals
Whether you are planning for a summer of fun with friends and loved ones or have set yourself the goal of getting serious about your savings, there are plenty of reasons why you might want to start clearing your debt. However, with a hectic schedule, it can be hard to figure out exactly what needs to change in order for your financial situation to improve.
With that in mind, here are some easy ways you can start making extra money TODAY!
Make more money in 6 easy ways
Create a passive stream of income
Keep an eye out for the ways in which you can create a passive income stream. This means earning money while you sleep. For example, you can earn passive income by creating a digital product, using cashback websites, switching your bank account, or earning interest on your savings.
Pick up a side hustle
This is a great way to earn more money and even provides you with the opportunity to turn your passion into a profit. For example, if you have always dreamed of becoming an author, you can try self-publishing in order to get your book out there. Over time, you may even find a way to make your side hustle transform into your main source of income. If you’re an avid blogger, ensure that you are taking steps to make bank with your blog. For example, you could earn money through collaborations and sponsored posts.
If you’re an avid blogger, ensure that you are taking steps to make bank with your blog. For example, you could earn money through collaborations and sponsored posts.
Sell your stuff
If you look around your house and find that it is full of clutter – try reselling your old items and belongings instead of simply sticking them in a cupboard and trying to forget about them. For example, you can use sites such as Ziffit to resell your old books, DVDs, games, and CDs. There are also plenty of sites and apps out there for reselling clothes and even furniture.
Only borrow money you know you can pay back
If you need to access more money quickly and efficiently, consider turning to froemds and family first. They are more likely to borrow to lend without adding interest and might be more flexible with their payback terms. However, be careful you don’t take advantage of this flexibility. You could also consider getting in touch with Buddy Loans. They are a highly reputable company that will provide you with all the support you need to repay your loan.
Enjoying reading this? You may also want to read: Wonderful Ways to Make Your Website Shine!
Take surveys
If you’re highly opinionated or simply want to get your voice heard, you can also earn money by participating in paid surveys or focus groups. Sometimes you can even get your hands on some excellent freebies when participating in these studies – so it’s definitely a win-win.
Ask for a raise at work
If possible, consider asking your employer for a raise. While this may seem daunting, it’s important that you are compensated fairly for your efforts and the calibre of your work. However, it’s important that you take some time to do your research ahead of time. For example, you should
Ensure you have evidence to back up your request for a raise so you can prove to your employers that you are deserving.
There you go! 6 easy ways to make more money. Whether you have a goal to pay off debts, save up for a holiday (Corona permitting) or just have a life of more freedom, there is always a way to make more bank. Don’t think you have to put up with a life of lack. The internet has made it easier to legally hustle more money into your account.
Can you think of any more easy ways to make more money? Comment below!
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